Economic Development in Greater Reading
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Economic Development in Greater Reading
- 1. Economic Development in Berks County
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- 4. Results for Berks County #GREP2014
- 5. It’s All About Coordination
- 6. • Financing • Training • Workforce training • Municipal, township, borough & state officials • Governor’s Action Team • OIBD • Local utility providers • Business to business introductions & referrals • New market expansions • Best manufacturing processes & practices • Innovation experts • Exporting • Succession Planning Coordination of What? #GREP2014
- 7. Coordination with our Partners #GREP2014
- 8. Ride to Prosperity • Entrepreneurship and Innovation • Workforce/Talent Development • Business Clusters • Sites and Infrastructure • Quality of Place 8
- 11. • City of Reading • Cumru Township • Exeter Township • Maxatawny Township • Maidencreek Township • Muhlenberg Township • Wyomissing Borough 2013 Wins – Where were they located? #GREP2014
- 12. Trends: 2013 12 4% 2% 75% 7% 12% Leads and Prospects: Industries Developers Distribution Manufacturing Office Other #GREP2014
- 13. Trends: 2013 Where do the leads and prospects come from? 6% 22% 60% 6% 6% Commerical & Industrial Brokers Governors Action Team GREP Marketing Office of Int'l Development Other #GREP2014
- 14. 2014: Predicted Trends • Manufacturing will continue to generate leads for Berks County • Lack of inventory will result in missed opportunities for Berks County • Communities will be forced to focus on the skills gap to attract new users – why we developed Careers in 2 Years • The number of leads coming from the Office of International Business Development will continue to grow • GREP’s willingness to participate as a region will continue to pay off at the state and national level #GREP2014
- 15. Current Challenges 1. Workforce—need for technical skills 2. Inventory—lack of shovel ready sites So, now what? #GREP2014
- 16. Current Challenges: Workforce Interviews with 100+ Greater Reading companies: – 47% identified the lack of necessary skill sets – 26% identified the lack of technical skills as their hiring challenges #GREP2014
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- 18. • Are you aware of a company downsizing or growing? • Are there any consistent workforce challenges you are hearing about? • Are there specific skill sets being identified as a challenge? Contact us, we are here to help! #GREP2014 How We Can Work Together
- 19. Connect with Us! Facebook.com/GreaterReadingEconomicPartnership Company Page: Greater Reading Economic Partnership @GreaterReading #GREP2014 and #GreaterReading GreaterReading.com #GREP2014
- 20. Jon Scott, President and CEO 201 Penn St. Suite 502, Reading, PA 19601 Jon@GreaterReading.com (610) 376.4237 Thank you. Let’s continue working together to be something greater.
Editor's Notes
- GREP’s mission is to attract…
- …retain and grow business in the Greater Reading area.
- Since 2005 GREP has worked with over 130 companies, resulting in over 11,200+ jobs$369 M in annual salaries
- GREP works with companies to connect them to resources to help them succeed.
- We know the alphabet soup so you don’t have to.
- Workforce and Sites and infrastructure are the top priorities