2. SEPTEMBER 2013 PERFORMANCE
CASE STUDY: PERSISTENT SYSTEMS, INC.
Jobs: 30 created
Payroll:
Facilities: Office
1
$1.9 million
COLUMBUS 2020 MONTHLY UPDATE | SEPTEMBER 2013
PROJECTS SEPTEMBER 2013 AND YEAR-TO-DATE
NUMBER OF PROJECTS STARTED
(2013 v. 2012)
FIRST-TIME VISITS (2013 v. 2012)
SEPTEMBER 2013
15 projects started
- 174 year to date
4 first time visits
25
11
27 24
20
44
16
30
20
23
28
7
19
25
19
21
27
13
18 17
15
0
10
20
30
40
50
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 2013
11
6 6 6
9
4
3
6 6
10
4
22
5
4 4
7
5
8
5
4
0
3
6
9
12
15
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 2013
India-based software company, Persistent Systems, will
open an office of 30 workers, with the potential to hire
more depending on sales growth. Staff will include
software developers, data scientists and other IT
experts. The average salary is anticipated to exceed
$60,000 per year.
The company chose the Columbus Region for its
workforce and concentration of colleges and
universities. The new office will be located in the Tuttle
Crossing area of Dublin, close to IBM's analytics center
and to Cardinal Health, a major client. The Dublin office
will focus mainly on data management and analytics.
3. 2
ATTRACTION PROJECTS:
DOMESTIC/INTERNATIONAL
ATTRACTION PROJECTS:
SUSPECTS AND PROSPECTS
ATTRACTION PROJECTS:
PROJECTS BY SECTOR
ATTRACTION PROJECTS:
PROJECTS BY SOURCE
COLUMBUS 2020 MONTHLY UPDATE | SEPTEMBER 2013
ACTIVE PROJECTS AS OF SEPTEMBER 30, 2013
TOTAL ACTIVE PROJECTS
(128 PROJECTS)
EXPANSION PROJECTS:
PROJECTS BY SOURCE
EXPANSION PROJECTS:
PROJECTS BY SECTOR
EXPANSION PROJECTS:
DOMESTIC/INTERNATIONAL
56
13
0
10
20
30
40
50
60
70
80
Suspect Prospect
Suspects = Projects identified and
qualified via direct dialogue with the
company or consultant representing the
company.
Prospects = Projects qualified,
parameters defined and the company or
consultant has visited the Region.
54%
46%
New Existing
89%
7%
4%
Columbus 2020
Local ED partners
JobsOhio
68%
15%
17%
Columbus 2020
Local ED partners
JobsOhio
29
6
17
7
0
5
10
15
20
25
30
35
28
14
18
9
0
5
10
15
20
25
30
67%
33%
Domestic International
86%
14%
Domestic International
4. BUSINESS ATTRACTION | DEVELOPMENT ACTIVITIES
SEPTEMBER 2013 COMPLETED ACTIVITIES
OCTOBER 2013 PLANNED ACTIVITIES
Los Angeles Buffalo
Silicon Beach Investor Conference Bright Venture Forum
Las Vegas Philadelphia
CBRE Summit IEDC Conference
Chicago Washington DC
Women in Economic Development SelectUSA Summit
Cleveland
Medical Innovation Conference
BUSINESS DEVELOPMENT MISSIONS:
New York
INTERNATIONAL ACTIVITIES:
Columbus 2020 Toronto Mission
3
COLUMBUS 2020 MONTHLY UPDATE | SEPTEMBER 2013
San Francisco: The 2020 team traveled to the Bay Area to
participate in meetings with several prominent companies in the
information technology sector.
Portland: The 2020 team attended the SSTI's annual conference
and participated in sessions focused on how economic growth
occurs through science, technology, and the innovation ecosystem.
Los Angeles: The 2020 team visited Santa Monica to meet with
companies and an investment bank.
Salt Lake City: The 2020 team attended the Industrial Asset
Management Council's Fall Professional Forum to participate in
sessions and network with the industrial real estate community.
Houston: The 2020 team traveled to Houston to meet with
company heads of digital and direct marketing to discuss
Columbus-based apps and technology solutions.
Chicago: The 2020 team participated in consultant meetings for an
active project in the Columbus Region.
Japan: The 2020 team, along with several local economic
development practitioners and elected officials, conducted a two
week mission to Japan, meeting with more than 40 companies and
attending the Midwest US-Japan Association Annual Meeting.
5. SEPTEMBER 2013 Performance:
53 Visits in September (321 YTD)
Visits conducted by:
CASE STUDY: AMERICAN HOWA
Jobs: 60 created
Capital investment:
Facility: Manufacturing
4
$4.3 million
COLUMBUS 2020 MONTHLY UPDATE | SEPTEMBER 2013
BUSINESS RETENTION & EXPANSION | SEPTEMBER 2013
BUSINESS DEVELOPMENT VISITS CONDUCTED BY LOCATION VISITS CONDUCTED BY SECTOR
American Howa, a Honda supplier, will add 60 jobs
to its existing base of 76 jobs in the City of
Delaware. The expansion will also result in $1.8
million in additional annual payroll and $4.3 million
in capital investment.
American Howa initially located to the Columbus
Region in 2012, opening a roof liner production
plant in Delaware's industrial area on Route 42 and
London Road to supply Honda's Marysville
operations. The expansion will allow the company to
produce roof liners and other interior parts for
Honda operations in Indiana and Canada.
72%
15%
13% Columbus
2020 only
Local ED
partner only
Both 2020
and LEDO
20
5
3 3
7
15
0
5
10
15
20
25
14
9
24
6
0
5
10
15
20
25
6. Source: U.S. Patent and Trademark Office
CASE STUDY: UPDOX LLC
Jobs: 25 created
Payroll:
Facility: Office
5
$2.8 million
Source: Ohio Secretary of State
*Note: Registrations are only an indicator of business formation and do not represent actual new businesses. For example, a registration may be filed to
reserve a business name or for other reasons in advance of a potential business. Dissolutions, surrenders and withdrawals do not include mergers,
consolidations, reinstatements and other changes that may lead to a loss of a business. In addition, not all businesses that close make a filing.
BUSINESS CREATION
BUSINESS DISSOLUTIONS,
SURRENDERS, WITHDRAWALS
PATENTS BY REGION INVENTORS
& ASSIGNEES
NEW BUSINESS REGISTRATION*
COLUMBUS 2020 MONTHLY UPDATE | SEPTEMBER 2013
Dublin-based startup Updox will add 25 jobs as it begins to
commercialize its healthcare software products and services.
Updox provides secure communications platforms for sharing
medical record information.
The company is planning to expand from early stage
development to manage the growth of business for inside sales
and product managment. Their customers include hospitals,
other medical practices and labs, and service providers for
electronic health records, medical billing and practice
management.
1,074
1,114 1,140 1,114
500
750
1000
1250
1500
May Jun Jul Aug
191
180 170
199
0
50
100
150
200
250
300
May Jun Jul Aug
99
27
80
20
84
30
83
28
Inventor Assignee
May June July August
7. POLICY & ADVOCACY
6
ECONOMIC DEVELOPMENT NEWS
COLUMBUS IN THE NEWS
COLUMBUS 2020 MONTHLY UPDATE | SEPTEMBER 2013
TRANSPORTATION & INFRASTRUCTURE
Columbus Region growth passes 50,000-job milestone
Since the Columbus 2020 regional growth strategy
launched three years ago, the Region has added 58,000 net
new jobs. http://bit.ly/1eHFqOH
Ohio among top states for doing business
Site selection consultants surveyed by Area Development
rank Ohio in the top 10 for both Overall Labor Climate and
Overall Infrastructure and Global Access.
http://bit.ly/165okUI
OSU and Kenyon lead Region in U.S. college rankings
U.S. News & World Reports ranks The Ohio State University
no. 16 among public universities. Kenyon College, Denison
University and Ohio Wesleyan University rank among the
nation's top 100 liberal arts colleges. http://bit.ly/17ZzkV
For all of the latest news, visit:
http://columbusregion.com/news-events-reports/in-the-
media
Municipal Tax Uniformity
The Columbus Chamber and the Municipal Income
Tax Uniformity Coalition met with state legislators
to discuss the importance of bringing House Bill 5
to a vote in committee and ultimately on the House
floor.
The Coalition has worked on this issue for the last
18 months and is pushing for reforms that will
reduce administrative burdens on businesses that
are providing goods or services to multiple
jurisdictions in Ohio.
If you would like to connect with your legislator
regarding this issue, please contact Nicole Piscitani
at nicole_piscitani@columbus.org.
TRAC approves key road projects in Region
On September 25, the state's Transportation Review
Advisory Council voted to fund $2.9 billion for major
projects across Ohio, including more than a dozen in
the Columbus Region. The funding accelerates some
projects by as much as 12 years.
Projects in the Region supported by the TRAC
funding include:
- I-270/SR 33 interchange redesign in Dublin
- New interchange at SR 33 and Winchester Road
north of the Lancaster bypass
- Next phases of the I-70/I-71 redesign
- Upgrades of the I-270 interchanges with SR 315
and SR 23.
8. Source: Ohio Labor Market Information, Not Seasonally Adjusted
Source: Xceligent Source: Columbus Board of Realtors
7
Note: Columbus 2020 normally uses and seasonally adjusts data from
the U.S. Bureau of Labor Statistics. Due to the current suspension of
federal government services, this month's report uses Ohio LMI data.
$2.99
$9.89
Industrial
Retail
6.6%
9.5%
Source: Ohio Department of Job and Family Services
Direct
Asking Rent
(per sf)
Vacancy
Rate
Use
Office 15.0%
COMMERCIAL REAL ESTATE
(AS OF SEPTEMBER 30)
HOUSING SALES
$15.46
COLUMBUS 2020 MONTHLY UPDATE | SEPTEMBER 2013
REGIONAL ECONOMIC DATA
NUMBER EMPLOYED AND UNEMPLOYMENT RATE (August 2013) NUMBER OF WEEKLY UNEMPLOYMENT CLAIMS
(WEEK ENDING 7/6/13 TO WEEK ENDING 9/28/13)
7.4% (+0.0)
Marion
26,900 (-800)
6.5% (+0.1)
Knox
27,900 (-300)
Unemployment
rate
(Aug 2013)
Number
employed
residents
(Aug 2013)
Change
from
Aug 2012 to
Aug 2013
5.1% (+0.2)
Delaware
92,100 (+900)
5.9% (-0.1)
Fairfield
71,400 (+700)
6.1% (+0.0)
Franklin
597,600 (+5,500)
6.6% (+0.5)
Licking
80,700 (+800)
6.4% (+0.0)
Madison
19,000 (+100)
6.4% (+0.0)
Morrow
16,400 (+200)
7.1% (+0.0)
Pickaway
22,900 (+200)
5.5% (+0.1)
Union
26,600 (+200)
6.2% (-0.2)
Logan
21,800 (-100)
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
6,000
7,000
8,000
9,000
10,000
11,000
12,000
13,000
14,000
15,000
16,000
7/6
7/13
7/20
7/27
8/3
8/10
8/17
8/24
8/31
9/7
9/14
9/21
9/28
Continuing New
3,114
2,978
2,456
$177K
3,343 3,253
2,729
$182K
New
Listings
In
Contracts
Closed
Sales
Average
Sales Price
Aug 2012 Aug 2013
