NC STEP Leadership Team
          St. Paul’s NC



    North Carolina’s Southeast
Economic Development Partnership
CHARACTERISTICS OF A DYNAMIC
REGION
      1.12 M Population > 12% growth since 2000 > 545,000 In Workforce
INDUSTRY CLUSTER DEVELOPMENT


                                  “Our mission is to provide
                                       strong economic
                                 development leadership in
                                southeastern North Carolina
                               through innovative marketing
                                  and collaborative regional
                               initiatives that will create new
                                    jobs, generate capital
                                investment, and secure new
                                     business locations.”
                               Since 1996…
                               •8,637 industry jobs created
                               •$908M private investment
                               •105 industry locations
POPULATION GROWTH
NCSE KEY REGIONAL ASSETS

                •NC Port at Wilmington
                •Fort Bragg & military presence
                •Transportation/distribution access
                •Agricultural base
                •Diversified manufacturing/industry base
                •3 State Universities & 2 private colleges
                •8 Community Colleges
                •I-40, I-95, and I-74
                •2 International Airports
                •3 Municipal Airports with uncontrolled airspace
REGIONAL ECONOMIC CHALLENGES



 • Port competitiveness & modernization

 • Workforce skills improvement

 • Global competition in business recruitment

 • Funding for economic development

 • Defense funding reductions & sequestration
MANUFACTURING JOBS
DEFENSE SECTOR
INFRASTRUCTURE
COMPANY PROJECTS BY INDUSTRY
SECTOR
PROJECTS REQUIRING PORT AND/OR
RAIL
REGIONAL WORKFORCE

 • Industry is more efficient than ever before -- employs fewer, but
   increasingly better paying jobs

 • Overall, regional workforce is somewhat under-skilled in some
   areas to be fully competitive in the global economy

 • 60% - 70% of jobs in region in next decade will not require
   traditional four year degree but will require more than a HS
   diploma

 • Aligning skills investments with labor market realities is critical

 • 6.1% of workforce is knowledge jobs and projected to grow 12%
   by 2018
REGIONAL EMPLOYMENT



  • 2011 Regional Employment: 545,400
         (Includes: self-employment, private, and public sector)



  • 2006- 2011 Employment Growth: 3%

  • 2011-2016 Employment Growth (projected): 9%
         (50,298 new jobs injected into the regional economy)
PROJECTED WORKFORCE DEMAND
2011-2016
ECONOMIC GROWTH OPPORTUNITIES


 • Agriculture & food processing   • Exporting

 • Distribution                    • Health care services & facility
                                     expansion
 • Re-shoring of manufacturing
   back to U.S.                    • Advanced Manufacturing

 • Small business development      • Defense sustainability and
                                     defense firm growth
 • Existing industry growth and
   sustainability
CONTACT INFORMATION

               North Carolina’s Southeast
                    707 West Broad Street
                   Elizabethtown, NC 28337
                        www.ncse.org
                (800) 787-1333 / (910) 862-8511

                     Steve Yost - Director
                       stevey@ncse.org
        Joe Melvin - Director of Business Development
                        joem@ncse.org
        Bart Richardson- Marketing Research Manager
                        bartr@ncse.org

St paul's nc step presentation

  • 1.
    NC STEP LeadershipTeam St. Paul’s NC North Carolina’s Southeast Economic Development Partnership
  • 2.
    CHARACTERISTICS OF ADYNAMIC REGION 1.12 M Population > 12% growth since 2000 > 545,000 In Workforce
  • 3.
    INDUSTRY CLUSTER DEVELOPMENT “Our mission is to provide strong economic development leadership in southeastern North Carolina through innovative marketing and collaborative regional initiatives that will create new jobs, generate capital investment, and secure new business locations.” Since 1996… •8,637 industry jobs created •$908M private investment •105 industry locations
  • 4.
  • 5.
    NCSE KEY REGIONALASSETS •NC Port at Wilmington •Fort Bragg & military presence •Transportation/distribution access •Agricultural base •Diversified manufacturing/industry base •3 State Universities & 2 private colleges •8 Community Colleges •I-40, I-95, and I-74 •2 International Airports •3 Municipal Airports with uncontrolled airspace
  • 6.
    REGIONAL ECONOMIC CHALLENGES • Port competitiveness & modernization • Workforce skills improvement • Global competition in business recruitment • Funding for economic development • Defense funding reductions & sequestration
  • 7.
  • 8.
  • 9.
  • 10.
    COMPANY PROJECTS BYINDUSTRY SECTOR
  • 11.
  • 12.
    REGIONAL WORKFORCE •Industry is more efficient than ever before -- employs fewer, but increasingly better paying jobs • Overall, regional workforce is somewhat under-skilled in some areas to be fully competitive in the global economy • 60% - 70% of jobs in region in next decade will not require traditional four year degree but will require more than a HS diploma • Aligning skills investments with labor market realities is critical • 6.1% of workforce is knowledge jobs and projected to grow 12% by 2018
  • 13.
    REGIONAL EMPLOYMENT • 2011 Regional Employment: 545,400 (Includes: self-employment, private, and public sector) • 2006- 2011 Employment Growth: 3% • 2011-2016 Employment Growth (projected): 9% (50,298 new jobs injected into the regional economy)
  • 14.
  • 15.
    ECONOMIC GROWTH OPPORTUNITIES • Agriculture & food processing • Exporting • Distribution • Health care services & facility expansion • Re-shoring of manufacturing back to U.S. • Advanced Manufacturing • Small business development • Defense sustainability and defense firm growth • Existing industry growth and sustainability
  • 16.
    CONTACT INFORMATION North Carolina’s Southeast 707 West Broad Street Elizabethtown, NC 28337 www.ncse.org (800) 787-1333 / (910) 862-8511 Steve Yost - Director stevey@ncse.org Joe Melvin - Director of Business Development joem@ncse.org Bart Richardson- Marketing Research Manager bartr@ncse.org