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GREATER STATESVILLE GTR SVL 2010 ECONOMIC DEVELOPMENT DEVELOPMENT CORPORATION

Greater Statesville Shrine 052010

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Page 1: Greater Statesville Shrine 052010

GREATER STATESVILLE

GTR SVL2010 ECONOMIC DEVELOPMENT

DEVELOPMENT CORPORATION

Page 2: Greater Statesville Shrine 052010

Greater Statesville Development Corporation

Public-Private Partnership 501c3 Nonprofit Organization Iredell County, City of Statesville,

Town of Troutman, Private-Sector Investors

3-Person Staff

Page 3: Greater Statesville Shrine 052010

Greater Statesville Development Corporation

Promote industrial and commercial development in the region

Provide services and assistance to help locate, maintain and expand new and existing businesses and industries

Page 4: Greater Statesville Shrine 052010

Greater Statesville Development Corporation

IndustrialRecruitment

Business Retention

& Expansion

MKTG

Page 5: Greater Statesville Shrine 052010

Greater Statesville Development Corporation

Focused on industrial manufacturing and transportation/distribution sectors

Limited involvement with start-ups and entrepreneurial ventures

Very limited or no direct involvement in retail, travel & tourism, health care and sports sectors

Page 6: Greater Statesville Shrine 052010

Greater Statesville Development Corporation

Looking for projects that:

Invest significant capital Create good jobs (at or above

county average, benefits) Offer a long-term benefit to the

community

Page 7: Greater Statesville Shrine 052010

Project pipeline Product development SBP shell building Recent Projects Opportunity 2015 Incentive policies BRE & Marketing

2010 Update

Page 8: Greater Statesville Shrine 052010

0

5

10

15

20

25

1Q '09 2Q '09 3Q '09 4Q '09 1Q '10 Current

2010 UpdateProject Pipeline

Page 9: Greater Statesville Shrine 052010

SBP Shell Building

Strong activity Variety of client types

Page 10: Greater Statesville Shrine 052010

Product Development

Statesville Airport Barium Springs Technology

Park Troutman-LKN Business

Park Data Center Sites

Page 11: Greater Statesville Shrine 052010

Talon Systems

Announced in December 2009

Manufactures ready-to-assemble furniture and organizer systems

Bought Canac building 150 new jobs; $3.5 million

new capital investment Started production in March

Page 12: Greater Statesville Shrine 052010

Providência USA

Confirmed earlier announcement in November 2009

Manufactures nonwoven fabrics

Building at West Industrial Park

50 new jobs $70 million new capital

investmentProvidência USA

Page 13: Greater Statesville Shrine 052010

Providência USA

West Industrial Park Construction Site

May 2010

Page 14: Greater Statesville Shrine 052010

Kooks Custom Headers

48 new jobs Adding second shift 2Q

2010, additional 14 jobs

Facility opened July 2009

Page 15: Greater Statesville Shrine 052010

Kewaunee Scientific

100 new jobs; $13 million capital investment

New 32,000 sq/ft building complete in September

Remodeling of administrative building under way

Announced January 2010

Page 16: Greater Statesville Shrine 052010

ConvergentStudy

• Surveyed Statesville business and community leaders

• GSDC effectiveness and future directions

• Positive results

Page 17: Greater Statesville Shrine 052010

Powerful “closing” tool

Market-driven Will be even more important

as competition for jobs and investment heats up

Incentive Policies

Page 18: Greater Statesville Shrine 052010

Industrial outreach Partner referrals Expansion assistance Retention “intervention” Corporate training Community-building

BRE Activities

Page 19: Greater Statesville Shrine 052010

BRE Activities

150

170

190

210

230

2007 2008 2009 2010

Industrial Outreach Visits

Page 20: Greater Statesville Shrine 052010

Target Market Research Strategic Marketing Planning Marketing Collateral Proposals for Lenders Advertising Opportunities Trade Show Opportunities Email Marketing Site/Building Selection Zoning/Permitting Workforce Development Search Engine Marketing Public Relations Speakers/Presenters

BRE Activities

Page 21: Greater Statesville Shrine 052010

Online Advertising Print Advertising Email Marketing Social Media Live Event

MarketingGreater Statesville

Page 22: Greater Statesville Shrine 052010

Site Selection magazine #1 Micropolitan for new and expanding industry 5 of last 6 years

Site Selection magazine Top Economic Development Group award 2009

West Industrial Park named to list of Best Rail Sites in North Carolina

GSDC Recognition

Page 23: Greater Statesville Shrine 052010

Thank you for yoursupport of Greater Statesville