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HomeMy WebLinkAboutONE SOUTHERN INDIANA UPDATE 2018 - \\\ CST Y 'Q4. r rr ccr � 'r�� `� o .......*____ _,/ Vk, .1K;:ft...ft-7:1=.:`."1-_,: ' A Ali)S CA4 ne Southern )usiness resources 0 conomic developmen Indiana advocacy 2018 A Partnership for Progress PROJECTS (letting Results Jeffersonville = 2017 4 Id Attraction ar Expansion NEW JOBS 1211 id Attraction ti Expansion PAYROLL $19,390,800 $40,804,712 ®Attraction II Expansion Southern I 2 Une Indiana ALL isi PROJECT ANNOUNCEMENTS hi Existing Companies 38 Getting Results ,J New Companies 156 projects announced since July 2006 All isi Announced Projects Since 07-01-06 90 — 84 -- - 80 70 60 50 46 40 30 20 9 10 4 5 3 1 2I 1 P1 0 - • , U oc°- N. c.7 �y4\\� •�o�y e�0 c�J\\e o�-.1• �?, c��i� J,>`a 0 a�\e (7 fah o§e ��o ash 62' 6kk e�Q P��e OSouthern 3he Indiana men . NEW JOBS lsi Announcements hi Existing Companies Getting Results 6,721 $ 6,615 ..i New Companies Commitments for 13,336 new jobs New Jobs V1IG Indiana 1 (since 07-01-06) 12000 10,280 10000 1 8000 6000 4000 2,354 2000 44 222 85 5 31 22 185 108 0 - I f I otaeo y�°moo �y�\\e ��ooy e�°�o cJJ\\' ooe �'t, cyoN) `��``a 0 Lra`\e `- Q�°day �eCe° s e' �e° �e�P C, One Southern °t„"w5"` Ce .5°"' 5 4 eam°m c 6e"fr'"'nt Indiana am°civ NEW ANNUAL PAYROLL(in millions of$) 1si Announced Projects Since 07-01-06 1v Existing Getting Results Companies ■New Companies . 244.0 '` • $480,956,288 in new payroll annually Payroll Added Since 07-01-06 $400,000,000 ---.------ — -----_—._-_— $364,865,234 $350,000,000 $300,000,000 - $250,000,000 $200,000,000 $150,000,000 $100,000,000 $69,612,606 $50,000,000 $3,606,512 $1,316,640 $7,023,821 $1,4$1,856 $8,904,189 $3,350,000 $0 — NE $239,200 $594,880 o`ae% y�o�c �y,\\e �c°may ��°�- cue o�,\\� ��,,� cy,§% .(,t. 0 a�e `qac day °09 s e" e�h • et' , ( ( Oe Nei `' Southern �7„s'neKreso '''' 5 OnG Indiana ,jdvo<m >>oir development NEW CAPITAL(in millions of$) 1si Announced Projects Since 07-01-06 riExisting Getting Results Companies $555.5 ■New Companies $1,175,778,557 in new taxable capital Capital Invested Since 07-01-06 $1,000,000,000 $941,762,715 $900,000,000 ----------------____ __ $800,000,000 $700,000,000 $600,000,000 $500,000,000 $400,000,000 $300,000,000 $200,000,000 $168,801,005 $100,000,000 536.081,657 $1,500,000 $2,...,... ., . $5,425,000 $2,224,225 $5,964,500 $1,993,500 cp s0 Grace at �\°day ��oc seen qty y���¢, Southern n„r.ss reskwrces 6 ramie development M Indiana Return on Investment — New Taxable Capita! For every dollar the City of Jeffersonville has invested in One Southern Indiana's economic development program, $3,543.19 has been created in direct new taxable capital by new and expanding companies within the city. $1,000,000,000 $900,000,000 $941,762,715 $800,000,000 — $700,000,000 $500,000,000 $500,000,000 $400,000,000 $300,000,000 $200,000,000 $258,175 $100,000,000 ,1 $- Jeffersonville Investment New Capital$Created Southerni 7 tie Indiana Return on Investment - New Annual Payroll Generated For every dollar the City of Jeffersonville has invested in One Southern Indiana's economic development program, $1,413.25 annually has been created in direct payroll by new and expanding companies within the city. $400,000,000 $350,000,000 $364,865,234 $300,000,000 $250,000,000 $200,000,000 - . $150,000,000 ` $100,000,000 $258,17 $50,000,000 $- Jeffersonville Investment New Direct Payroll Annually Southern 8 On e Indiana Inrommow Business Retention&Expansion Visits by Location from 2017-present 70 153 visits to date 60 64 50 -- 40 40 43 30 . 35 20 1 10 , I 8 3 0 Clark County Floyd County Harrison County Louisville Other The majority of isi's business retention and expansion visits occur in Clark and Floyd counties,however,Ssi's BRE efforts extend throughout the region. Prospects/Projects by Location 120 100 97 __ Current Activity 80 60 40 21 19 20 -k-- a 0 ---- Inside Clark Inside Floyd Outside Clark& Floyd The number of new prospects from outside Clark and Floyd counties is significantly higher than the number of those within Southern Indiana. The number of project Southern announcements,however,is significantly higher for those Uwe Indiana already located in Southern Indiana. One rjitahnt'a'' Region 10 Workforce DetailsWorkHub SkiIIUP 2 S1.4 million grant funding focused on the Industrial Maintenance Technician[MIT) apprentice program it advanced manufacturing. RESULTS IMT completions in Indiana Companies with IMT Apprenticeships $ "9251 Training dolla's saved by companies! STUDENTS IN ADVANCED MANUFACTURING •GCC5 ■PAFC •5.Harmsen ■Westaark I 111, tt 58 Completions of Basic Supervision Training Southern busimessresources 10 Uwe Indiana eonoacymi<developmen` tI1 Skilled Trades Training Center WorkHub acloaceqr STATI STI CS: • 100%Graduation Rate • 754E Retention Rate After 1 Year • 904 ::etenticn Rate After 90 days • $20.16 Average Starting Wage PROG RAM: Apprenticeship Focus: • Commercial Construction • Concrete • Residential Electrical • Road Constructors STUDENT REQUIREMENTS: • 18 Years of Agee • Pass Background/rug Test • Lift 50 lbs. - GED BUSINESS PARTNER REQUIREMENTS: • Agree to hiring term of program; • Participate in monthly hiring events; • Hire training center graduates; • "Pay it forward program"after new passes 90 days on the job;and ▪ Must be willing to hire veterans and individuals in the Indiana DOE Fie-entry program. TRAINING CONTENT: National Center for Construction Education and Research[NCCER) • Nonprofit educator four at on created in 1996 by 125 construction CEOs and academic leaders_ • Accredited through the NCCER National Registry and Pearson Education.. • 70 gfobaity-recognized credentialed crafts • Lid lines'YLearn—Demonstrate—Assess"learning model 0.144111 r BUILD tF s. imp*, D1111 LIT = u `.rte 'iv: rtittit tWitillidiulin .06.01.1405.1 Southern 'siriessresources 11 gmic deveinpment OnG Indiana ,dvo<no AV New Business Attraction • 1si routinely submits Jeffersonville for projects and coordinates the completion of questionnaires from companies, location advisers and corporate real estate executives • 1si hosts companies and project representatives from around the world for tours of sites, buildings and our community • Property Listing Management ✓ 1si manages a database that features Jeffersonville industrial properties, based on information provided by realtors, developers and property owners ✓ 1si maintains a database of location advisers and realtors from around the U.S. who specialize in industrial properties • The River Ridge Commerce Center ✓ 1si provides ongoing support, data and promotional efforts as needed by the RRCC deiodk. 1.6 x''" L xa { 741-1 Southern ",siness resources 12 (..)n„ Indiana Domestic and International Marketing Ongoing . • Host Regional Real Estate Executives and Developers for Topical Discussions Past Events . . . • April 2018—SCIEDG European Marketing Trip • October 2017—SCIEDG Chicago Marketing Trip • June 2017— Location Advisers Visit Southern Indiana on a Regional Tour • March 2017— Location Advisers Visit Southern Indiana • December 2016—Chinese Delegation from Jiangsu Visits Jeffersonville • November 2016— Presentation at Kentucky Real Estate Brokers' Conference • November 2016— Presentation to GLI Real Estate Broker& Developer Group • October 2016—SCIEDG Chicago Marketing Trip • April 2016—SCIEDG European Marketing Trip • June 2016—Southern Indiana FAM Tour for Real Estate Executives • July 2016— Presentation to Cushman Wakefield's annual developers conference • October 2015— Hoosier Energy Roundtable Event, Scottsdale • October 2015— IEDC Annual Conference, Anchorage • September 2015—Outreach Marketing Trip with Duke Energy, Chicago • September 2015—Site Selectors Guild, Indianapolis • August 2015— IEDA Guild Conference, Indianapolis • August 2015—SCIEDG New York Marketing Trip • March 2015—Consultant Connect Conference, Greenville, S.C. • October 2014—SCIEDG Japan Marketing Trip • May 2014— Hoosier Energy Marketing Trip, Cleveland • March 2014— Hoosier Energy Roundtable Event, Vail • March 2014—Consultant Connect's Location Advisory Board Annual Conference, Dallas • October 2013—SCIEDG Chicago Marketing Trip • October 2013— IEDC Louisville Outreach Mission • September 2013—Site Selectors Guild, Indianapolis • April 2013— BIO International Convention, Chicago • October 2012—Site Selectors Guild, Indianapolis • October 2012— IEDC Louisville Outreach Mission • May 2011—CORENET Global Summit, Chicago • April 2011—SCIEDG European Marketing Trip • November 2010—SCIEDG Indianapolis Marketing Trip • October 2010—SCIEDG Marketing Trip, Chicago - ` — • October 2010— IEDC Louisville Outreach Mission it • September 2010— IEDC Atlanta Marketing Trip IOW" mos ',,g • April 2008—SCIEDG Japan Marketing Trip ' ' Mar ceting /�, Southern x,siness resources One Indiana a `<develonn,ent Business Retention and Expansion (BRE) Provided BRE services and consulting to a number of Jeffersonville companies, including A&R Logistics, Amatrol Inc., American Fuji Seal, Autoneum, Brinly-Hardy, BriovaRx, Chemtrusion, Clarcor, Heartland Payment Systems, Heritage Hardwoods, Idemitsu Lubricants, Manitowoc, Mister P Express, Mytex Polymers, Revere Plastics Systems, Shoe Sensation and Snyder's-Lance. More than 25 Jeffersonville manufacturing companies participate in and are serviced through 1si's Metro Manufacturing Alliance. Assist companies with a variety of issues and challenges: ✓ Strategic connections to critical resources ✓ Provide retention and expansion services to Jeffersonville companies, including site selection, project incentives, IDEM resources, rail issues, connection to foreign trade zone resources and other "on-demand" solution requests ✓ TARC transportation solutions and channels of communication ✓ Workforce and recruiting data, connections to available workforce, assistance with customized job fairs, provide direct link to veterans re- entering the workforce, referrals of available talent and provide access to workforce training programs ✓ Connections to new customer opportunities ✓ Certificate of Origin documentation and customized processing ✓ Procurement of state and local incentives for new and existing business, pro-active follow-up to ensure businesses take advantage of benefits awarded to them and remain in annual compliance to retain benefits, field questions regarding tax abatement and UEZ benefits and compliance issues, and work with Jeffersonville and Clark County on process improvements ✓ Coordination of visits from Gov. Pence's office, including groundbreakings, grand openings, press releases and announcements ✓ Assist RRCC companies with finding training space for new hires ✓ Provide assistance with utility issues • Adrie V Assist area companies through challenging times So2Q ' c>X02 Southern """'"e5`�'rces14 One Indiana ,,,�Y"e� °P t Advocacy for Commerce 1si regularly provides opportunities for learning about and engaging on various issues with elected officials and issue experts: Upcoming isi Advocacy Council events . • All local officials are invited to a "5 O'clock Network" reception on Feb. 16 • Luncheon event with U.S. Rep.Trey Hollingsworth on Thursday, Feb. 23 Ongoing . . . • Regular Advocacy Council meetings which include briefings from: o Federation of Indiana Chambers on state budget, infrastructure, education,workforce development, and other issues important to existing businesses; and o Indiana Economic Development Association on Tax Increment Financing(TIF) policies, local economic development incentives,workforce development, regional development and other issues important for attracting new businesses. • Coordination and support of efforts to establish the transportation corridor between the RRCC and the Port of Indiana-Jeffersonville Past Events . . . • April 2018—Hosted Lt. Gov. Suzanne Crouch for a luncheon event • December 2017—Assisted Indiana Chamber of Commerce employees with arranging a luncheon briefing to preview legislative priorities in the state legislature • February 2017—Hosted U.S. Rep.Trey Hollingsworth for a luncheon event • January 2017—Hosted Indiana Chamber of Commerce employees at a breakfast briefing to preview legislative priorities in the state legislature • September 2016— Presented Economic Development plan to Indiana Bicentennial Commissioners (former Rep. Lee Hamilton and former Lt. Govs Becky Skillman and Sue Ellsperman) • August 2016—Hosted US Senator Joe Donnelly for luncheon event • July 2016—Hosted Indiana Economic Development Corporation President for a members' only luncheon event on state successes such as setting investment records and as the Regional Cities Initiative • May 2016—Informational Session on changes to Federal Labor Standards Act(FLSA) new overtime rules • March 2016—Breakfast with Jim Bullard, Director of the Federal Reserve Bank. Coordinated tour of River Ridge and East End Crossing • February 2016—Legislative briefing with State Senators and Representatives from local districts • January 2016—Coordination of Southern Indiana Day at the Statehouse • Summer 2015 --Assisted the City of Jeffersonville in researching and writing a tax abatement policy and scoring method • August 2015—isi's Advocacy Council, in coordination with the Clark County Extension Office and Assessor Vicky Haire, 1si hosted Dr. Larry DeBoer, a Purdue University expert on property taxes and related issues for elected officials 1113 Business Advocacy OneSouthern busmessresources 15 Indiana ,conotrItc