2. AUGUST 2013 PERFORMANCE
CASE STUDY: ACE HARDWARE
Jobs: 100 created
Capital investment: $27 million
Facilities: Distribution center
1
COLUMBUS 2020 MONTHLY UPDATE | AUGUST 2013
PROJECTS AUGUST 2013 AND YEAR-TO-DATE
NUMBER OF PROJECTS STARTED
(2013 v. 2012)
FIRST-TIME VISITS (2013 v. 2012)
AUGUST 2013
17 projects started
- 161 year to date
5 first time visits 25
11
27 24
20
44
16
30
20
23
28
7
19
26
19
21
27
13
19 17
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
4
6
5
0
3
6
9
12
15
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 2013
Illinois-based Fortune 500 wholesaler Ace Hardware
selected the Columbus Region for the relocation of its
Toledo-area distribution center. One hundred jobs will be
relocated to Park 70 in West Jefferson, Madison County,
with $27 million to be invested in a new distribution
center, initially occupying 450,000 square feet with
potential to expand.
Ace had outgrown its old space and needed to move.
With the company's current reorganization and
consolidation, Ace was considering other states such as
Kentucky, Michigan and Pennsylvania. The Columbus
Region's access along I-70 and the importance of
workforce training for the company helped retain the
company in Ohio.
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 | AUGUST 2013
ACTIVE PROJECTS AS OF AUGUST 31, 2013
TOTAL ACTIVE PROJECTS
(144 PROJECTS)
EXPANSION PROJECTS:
PROJECTS BY SOURCE
EXPANSION PROJECTS:
PROJECTS BY SECTOR
EXPANSION PROJECTS:
DOMESTIC/INTERNATIONAL
64
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.
53%
47%
New Existing
84%
9%
7%
Columbus 2020
Local ED partners
JobsOhio
64%
21%
15%
Columbus 2020
Local ED partners
JobsOhio
33
9
16
9
0
5
10
15
20
25
30
35
36
13
19
9
0
5
10
15
20
25
30
35
40
65%
35%
Domestic International
90%
10%
Domestic International
4. BUSINESS ATTRACTION | DEVELOPMENT ACTIVITIES
AUGUST 2013 COMPLETED ACTIVITIES
SEPTEMBER 2013 PLANNED ACTIVITIES
Salt Lake City
IAMC Conference
BUSINESS DEVELOPMENT MISSIONS:
San Francisco, Chicago, Atlanta, Greenville
INTERNATIONAL ACTIVITIES:
Columbus 2020 Japan Mission
3
COLUMBUS 2020 MONTHLY UPDATE | AUGUST 2013
Salt Lake City: The 2020 team attended the Logistics Development
Forum to network and to attend education sessions on the supply
chain and site selection process for warehousing and distribution.
Seattle: The 2020 team met with three companies that have active
projects in the Columbus Region and with the headquarters of an
existing business.
Detroit: The 2020 team visited the Detroit market and held meetings
with site selection consultants, companies and the Canadian
consulate.
Indianapolis/Cleveland: The 2020 team held active project
meetings along with site selection consultants.
Northeast: The 2020 team traveled to Rochester, New York City and
Connecticut to hold meetings with companies and location
consultants.
Washington, D.C.: The 2020 team attended meetings with IEDC
leaders and met with White House officials to discuss federal policies
and opportunities for engagement.
5. AUGUST 2013 Performance:
38 Visits in August (268 YTD)
Visits conducted by:
CASE STUDY: PILLAR TECHNOLOGY GROUP
Jobs: 40 created
Capital investment:
Facility: Office
4
$400,000
COLUMBUS 2020 MONTHLY UPDATE | AUGUST 2013
BUSINESS RETENTION & EXPANSION | AUGUST 2013
BUSINESS DEVELOPMENT VISITS CONDUCTED BY LOCATION VISITS CONDUCTED BY SECTOR
Pillar Technology Group, a software development
and strategic business consulting company,
announced that it will expand its Columbus Region
presence by adding 40 jobs over the next three
years. The company currently employs 56 at its
downtown Columbus location.
Pillar cited the Region's talent base as one of the
elements necessary for the company's growth. New
jobs will include software architects, developers and
analysts.
26%
58%
16% Columbus
2020 only
Local ED
partner only
Both 2020
and LEDO
11
3
7
3
7 7
0
2
4
6
8
10
12
5 5
25
3
0
4
8
12
16
20
24
28
6. Source: U.S. Patent and Trademark Office
CASE STUDY: CORE QUANTUM TECHNOLOGIES
5
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 | AUGUST 2013
Core Quantum Technologies (CQT) has been awarded a
$150,000 Phase I Small Business Innovation Research (SBIR)
grant by the National Science Foundation to develop fluorescing
nanoparticles for medical diagnosis, imaging, and research. The
Columbus-based startup invented a type of nanoparticle that
emits different colors to tag molecules in biomedical tests.
The SBIR grant will help commercialize the technology as a
product called MultiDot for clinical and pathology applications.
MultiDot tags particles in different colors with greater brightness
and longevity than existing technologies. A product variation
called Magdot uses magnetic particles for additional tracking and
manipulation capabilities.
CQT is an example of the work of The Ohio State University's
Technology Commercialization Office to generate startup
success.
1,319
1,074
1,114 1,140
500
750
1000
1250
1500
Apr May Jun Jul
238
191 180 170
0
50
100
150
200
250
300
Apr May Jun Jul
85
24
99
27
80
20
84
30
Inventor Assignee
Apr May June July
7. WORKFORCE
6
ECONOMIC DEVELOPMENT NEWS
COLUMBUS IN THE NEWS
COLUMBUS 2020 MONTHLY UPDATE | AUGUST 2013
TRANSPORTATION & INFRASTRUCTURE
42 companies from Columbus Region on Inc. 5000 list
The Region's tally for 2013 in Inc. magazine's list is up from
40 in 2012 and 5 in 2011. http://bit.ly/159NQI6
Exel identifies Columbus as e-commerce hub
Columbus is noted as one of the most attractive locations in
the U.S. for a national one-facility e-commerce distribution
center. http://bit.ly/19ZTFMN
Ohio among 10 states where manufacturing still matters
USA Today lists Ohio based on its high levels of
manufacturing output and employment. The state lags only
much larger California and Texas in manufacturing jobs.
http://usat.ly/1cBVHTw
For all of the latest news, visit:
http://columbusregion.com/news-events-reports/in-the-
media
Columbus Region Workforce Assessment
Columbus 2020 and Site Selection Group are
undertaking a first-ever regional workforce
assessment that will give comprehensive insight into
the Columbus Region labor force.
Two study-related initiatives are under way:
employer interviews that will determine companies'
successes and obstacles when hiring in the
Columbus Region, and an anonymous web-based
survey that will provide insight into the existing
workforce and determine areas of improvement for
employee resources.
All individuals 18-years-old and older are
encouraged to take the survey, and participants can
also choose to enter a drawing to win an iPad. For
more information and to participate in a business
interview or the individual survey, go to:
http://columbusregion.com/connect-with-
us/regional-workforce-assessment/
Port Columbus introduces new runway
On August 22, Port Columbus International Airport
debuted its new $140 million south runway. The
10,113-foot runway is the most expensive capital
improvement project in the airport's history.
Combined with other improvements, the airport has
the capability to accommodate 8 to 10 million
passengers a year. Other projects include $31 million
for a baggage-handling system, $41 million for
infrastructure improvements on and around Stelzer
Road, and the ongoing $80 million renovation of the
terminal.
In August, Port Columbus also saw the start of
additional flights to Los Angeles, and the Columbus
Regional Airport Authority announced new flights to
St. Petersburg, Florida that will begin in November.
8. Source: Xceligent Source: Columbus Board of Realtors
7
HOUSING SALES
$15.48
$2.97
$9.43
Industrial
Retail
6.8%
9.9%
Source: U.S. Bureau of Labor Statistics, Local Area Unemployment
Statistics, Seasonally Adjusted
Source: Ohio Department of Job and Family Services
Direct
Asking Rent
(per sf)
Vacancy
Rate
Use
Office 15.6%
COMMERCIAL REAL ESTATE
(AS OF AUGUST 30)
COLUMBUS 2020 MONTHLY UPDATE | AUGUST 2013
REGIONAL ECONOMIC DATA
NUMBER EMPLOYED AND UNEMPLOYMENT RATE (July 2013) NUMBER OF WEEKLY UNEMPLOYMENT CLAIMS
(WEEK ENDING 6/8/13 TO WEEK ENDING 8/31/13)
8.1% (+0.1)
Marion
26,668 (-476)
6.9% (-0.0)
Knox
27,868 (+75)
Unemployment
rate
(Jul 2013)
Number
employed
residents
(Jul 2013)
Change from
Jul 2012 to
Jul 2013
5.2% (+0.2)
Delaware
91,957 (+1,197)
6.1% (+0.0)
Fairfield
71,281 (+858)
6.2% (+0.1)
Franklin
596,697 (+6,699)
7.0% (+0.6)
Licking
80,632 (+1,014)
6.5% (+0.2)
Madison
19,029 (+227)
7.7% (+0.7)
Morrow
16,211 (+230)
7.8% (+0.3)
Pickaway
22,907 (+264)
6.0% (+0.0)
Union
25,817 (+327)
6.6% (+0.1)
Logan
21,774 (+107)
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
6/8
6/15
6/22
6/29
7/6
7/13
7/20
7/27
8/3
8/10
8/17
8/24
8/31
Continuing New
3,142
2,979
2,201
$186K3,665 3,515
2,825
$193K
New
Listings
In
Contracts
Closed
Sales
Average
Sales Price
Jul 2012 Jul 2013
