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SPRING
    2012
GREATER STATESVILLE COMMITTEE OF 100
1Q – Strong Client Activity
• Good Project Activity; Numbers
  Down, Quality Up
• Site Selection Magazine No. 1 Micropolitan
  Ranking
• Special Announcement
• Business Development Missions
• New Office Ribbon-Cutting
Project Activity
30

25
                                                 2011
20

15

10

5

0
     J   F   M   A   M   J   J   A   S   O   N   D
Project Activity
30

25
                                                 2011
20

15

10

5

0
     J   F   M   A   M   J   J   A   S   O   N   D
No. 1 Micropolitan
• Site Selection
  Magazine                 2006 #1 Micropolitan
                           2005 #1 Micropolitan
• “Consistent
                           2004 #8 Small Town
  Performer”
                           2003 #2 Small Town
  – 2012 #1 Micropolitan
                           2002 #2 Small Town
  – 2011 #2 Micropolitan   2001 #1 Small Town
  – 2010 #1 Micropolitan   2000 #1 Small Town
  – 2009 #1 Micropolitan   1999 #2 Small Town
  – 2008 #2 Micropolitan
  – 2007 #1 Micropolitan
No. 1 Micropolitan
• Site Selection
  Magazine                  2006 #1 Micropolitan
                    No. 1 2005 #1 Micropolitan
• “Consistent
  Performer”
               Micropolitan #8 Small Town
                            2004
                            2003 #2 Small Town
   – 2012 #1 Micropolitan the
                 Six of
                            2002 #2 Small Town
   – 2011 #2 MicropolitanEight
                 Last       2001 #1 Small Town
   – 2010 #1 Micropolitan
                    Years 2000 #1 Small Town
   – 2009 #1 Micropolitan   1999 #2 Small Town
   – 2008 #2 Micropolitan
  – 2007 #1 Micropolitan
No. 1 Micropolitan Presentation
Mike Smith, Ron Starner and Dr. Steven Binder
Top Groups Presentation
Mike Smith and Mark Arend
Top Groups Presentation
Mike Smith and Mark Arend
116 North Center Ribbon Cutting
Mike Smith, Costi Kutteh and Steve Johnson
Business Development


                      FONC
               CRP


               FONC    NCEDA
        IAMC
Business Development
•   IAMC Professional Forum
•   Theme: Growing Manufacturing in America
•   J. Michael Mullis
•   Factors Driving the Renaissance of
    Manufacturing in U.S.
Business Development
•Key Factors That Initially Drove U.S. Industry
Overseas
  – Cheap Labor
  – Cheap Fuel
  – Strong U.S. Dollar

•Then Came The Global Financial Crisis
Starting 2007
  –   Curtailed expenditures
  –   Debt reduction
  –   Employment rightsizing
  –   Human capital talent improvements
Business Development
• Re-Analysis Of Doing Business Abroad
    – Fact of mismanaged supply chain decisions that
      created many new projects overseas – “Labor
      savings only” justified the moves
    – “Price Variance” factor measurement – cheapest
      way to manufacture without any consideration for
      numerous ancillary costs
    – Realization that the total cost of doing business
      overseas has been significantly under-estimated
      (Supply Chain Management Organization

•
Business Development
• Key Assumptions For Manufacturing
Return To The U.S.
  – Raw materials same cost
  – Cost to buy automation is the same
  – Cost to finance capital is the same
  – Logistics cost favor the U.S.
  – Labor cost differential is less, but the range is
    lessening
1Q - Announcements
• Mikan Printing
  – New Company Opened Sales & Marketing
    Office
• Origin Foods
  – New Manufacturing Facility
• Pratt Industries
  – Relocated Logistics Operation from Salisbury
• ThorLo, Inc.
  – Added New Equipment
1Q Announcements
• Summary - Good Start!

  – Four Major Announcements
  – $8.25 Million in New Capital Investment
  – 65 New Primary Jobs Created
  – 180,000 Square Feet of New or Reused
    Space
1Q - BR|E Highlights
• 51 Visits to Existing Industry
• Expansion Activity is Unprecedented
• 22 Cases Referred to Local, County and
  State Partners
• Iredell Manufacturers Council
Existing Industry Visits
25


20
                                                  2011

15


10


5


0
     J    F   M   A   M   J   J   A   S   O   N   D
Existing Industry Cases
12

10

8
                                                 2011
6

4

2

0
     J   F   M   A   M   J   J   A   S   O   N   D
Cases by Type


     OTHER    UTILITIES


 MARKETING     LEGAL


         TRAINING
1Q – Unprecedented Activity
• Currently Working Three Major Expansion
  Projects
• Project Real, Project BAR123 and Project
  Gavroche
• Have Gone or Will Go to City Council and
  County Commission on these projects
  within next 30 days
• $100 Million+ New Capital Investment
  Over 5 Years
• 75% Chance All Three Projects Will
Iredell Manufacturers Council
• Joint Venture with Mooresville-South
  Iredell EDC and Mitchell Community
  College
• Met February 27th at Kyle Busch Racing
• Best attended meeting since
  inaugural, 40+
Marketing Highlights
• Print Advertising
• On-line Advertising
• Media Relations
Site Selection Ad
Joint ad with Mooresville-South Iredell EDC and Charlotte Regional Partnership
Half-page/Color
2012 Annual Report
“Industrial” Theme
Online Promotion
Print Ads Also Have Online Component
Website/Social Media
StatesvilleRegion.com
300

250

200

150

100

50

 0
      J    F   M   A   M   J   J   A   S   O   N   D
Media Relations
• Continue to maintain an excellent relationship
  with local radio, television and print media
• Mike Smith discussed economic development
  on WSIC
• Feature story in R&L about John Marek
• Coverage of our new office, No. 1
  Micropolitan award and new and expanding
  industry announcements
THANK YOU
For Your Continued Support
Today’s Guest Speaker
North Carolina State Senator
       Chris Carney

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2012 Spring Meeting

  • 1. SPRING 2012 GREATER STATESVILLE COMMITTEE OF 100
  • 2. 1Q – Strong Client Activity • Good Project Activity; Numbers Down, Quality Up • Site Selection Magazine No. 1 Micropolitan Ranking • Special Announcement • Business Development Missions • New Office Ribbon-Cutting
  • 3. Project Activity 30 25 2011 20 15 10 5 0 J F M A M J J A S O N D
  • 4. Project Activity 30 25 2011 20 15 10 5 0 J F M A M J J A S O N D
  • 5. No. 1 Micropolitan • Site Selection Magazine 2006 #1 Micropolitan 2005 #1 Micropolitan • “Consistent 2004 #8 Small Town Performer” 2003 #2 Small Town – 2012 #1 Micropolitan 2002 #2 Small Town – 2011 #2 Micropolitan 2001 #1 Small Town – 2010 #1 Micropolitan 2000 #1 Small Town – 2009 #1 Micropolitan 1999 #2 Small Town – 2008 #2 Micropolitan – 2007 #1 Micropolitan
  • 6. No. 1 Micropolitan • Site Selection Magazine 2006 #1 Micropolitan No. 1 2005 #1 Micropolitan • “Consistent Performer” Micropolitan #8 Small Town 2004 2003 #2 Small Town – 2012 #1 Micropolitan the Six of 2002 #2 Small Town – 2011 #2 MicropolitanEight Last 2001 #1 Small Town – 2010 #1 Micropolitan Years 2000 #1 Small Town – 2009 #1 Micropolitan 1999 #2 Small Town – 2008 #2 Micropolitan – 2007 #1 Micropolitan
  • 7. No. 1 Micropolitan Presentation Mike Smith, Ron Starner and Dr. Steven Binder
  • 8. Top Groups Presentation Mike Smith and Mark Arend
  • 9. Top Groups Presentation Mike Smith and Mark Arend
  • 10. 116 North Center Ribbon Cutting Mike Smith, Costi Kutteh and Steve Johnson
  • 11. Business Development FONC CRP FONC NCEDA IAMC
  • 12. Business Development • IAMC Professional Forum • Theme: Growing Manufacturing in America • J. Michael Mullis • Factors Driving the Renaissance of Manufacturing in U.S.
  • 13. Business Development •Key Factors That Initially Drove U.S. Industry Overseas – Cheap Labor – Cheap Fuel – Strong U.S. Dollar •Then Came The Global Financial Crisis Starting 2007 – Curtailed expenditures – Debt reduction – Employment rightsizing – Human capital talent improvements
  • 14. Business Development • Re-Analysis Of Doing Business Abroad – Fact of mismanaged supply chain decisions that created many new projects overseas – “Labor savings only” justified the moves – “Price Variance” factor measurement – cheapest way to manufacture without any consideration for numerous ancillary costs – Realization that the total cost of doing business overseas has been significantly under-estimated (Supply Chain Management Organization •
  • 15. Business Development • Key Assumptions For Manufacturing Return To The U.S. – Raw materials same cost – Cost to buy automation is the same – Cost to finance capital is the same – Logistics cost favor the U.S. – Labor cost differential is less, but the range is lessening
  • 16. 1Q - Announcements • Mikan Printing – New Company Opened Sales & Marketing Office • Origin Foods – New Manufacturing Facility • Pratt Industries – Relocated Logistics Operation from Salisbury • ThorLo, Inc. – Added New Equipment
  • 17. 1Q Announcements • Summary - Good Start! – Four Major Announcements – $8.25 Million in New Capital Investment – 65 New Primary Jobs Created – 180,000 Square Feet of New or Reused Space
  • 18. 1Q - BR|E Highlights • 51 Visits to Existing Industry • Expansion Activity is Unprecedented • 22 Cases Referred to Local, County and State Partners • Iredell Manufacturers Council
  • 19. Existing Industry Visits 25 20 2011 15 10 5 0 J F M A M J J A S O N D
  • 20. Existing Industry Cases 12 10 8 2011 6 4 2 0 J F M A M J J A S O N D
  • 21. Cases by Type OTHER UTILITIES MARKETING LEGAL TRAINING
  • 22. 1Q – Unprecedented Activity • Currently Working Three Major Expansion Projects • Project Real, Project BAR123 and Project Gavroche • Have Gone or Will Go to City Council and County Commission on these projects within next 30 days • $100 Million+ New Capital Investment Over 5 Years • 75% Chance All Three Projects Will
  • 23. Iredell Manufacturers Council • Joint Venture with Mooresville-South Iredell EDC and Mitchell Community College • Met February 27th at Kyle Busch Racing • Best attended meeting since inaugural, 40+
  • 24. Marketing Highlights • Print Advertising • On-line Advertising • Media Relations
  • 25. Site Selection Ad Joint ad with Mooresville-South Iredell EDC and Charlotte Regional Partnership Half-page/Color
  • 27. Online Promotion Print Ads Also Have Online Component Website/Social Media
  • 29. Media Relations • Continue to maintain an excellent relationship with local radio, television and print media • Mike Smith discussed economic development on WSIC • Feature story in R&L about John Marek • Coverage of our new office, No. 1 Micropolitan award and new and expanding industry announcements
  • 30. THANK YOU For Your Continued Support
  • 31. Today’s Guest Speaker North Carolina State Senator Chris Carney