Ohio s Economic Climate Strong and Getting Stronger

Transcription

1 Industrial Technologies LLC Arminak & Associates, LLC Artiflex Manufacturing, LLC Ashland Economic Development Autotool Inc. Bare Escentuals Beauty, In BrandMuscle, Inc. CADRE COMPUTER RESOURCES CO. CareSource Management Group Company City of Kent Closed Loop Refining & Recovery Corbus, LLC Delawa Art.com, Inc. Discover Financial Services, Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fathom SEO, LLC Federal Supply Services International LLC Fo Safety Net Services Garner Transportation Group, Inc H.B. Fuller Company Hadsell Chemical Processing LLC Halliburton Energy Services, Inc. Industry Products C Infra-Metals Co. Intelligent Mobile Support, Inc. JDI Opportunity, LLC JJR Solutions, LLC Johnson Controls, Inc Latty Grain LayerZero Power Systems, Inc. Leysh Miller Industries, LLC Lincare Holdings, Inc. Long View Steel Corp. Maines Paper & Food Service - Cleveland, Inc. Midmark Corporation Miller Precision Mfg. Industrie nc. Mold Masters Intl. Inc. Nestle Usa, Inc. Newell Rubbermaid OmniSource Corporation Oxford Consulting Group, Inc. Patented Acquisition Corporation Paycor, In Pickaway Progress Partnership Plasticolors, Inc. Preformed Line Products PSA Airlines, Inc. R. K. Industries, Inc. RMI Titanium Company Rosenboom Schlumberg Technology Corporation Skylight Financial Group SOFT-LITE LLC SPR Therapeutics, LLC Strauss Industries, Inc. Synapse Biomedical, Inc. Tarigma Corporati Technicote Westfield, Inc TH Plastics The E.W.Scripps Company The G&G Manufacturing Company The J. M. Smucker Company The National Colloid Company T Rovisys Company Thogus Products Company Quality Logistics, LLC Valtronic Technologies (USA) Inc. Victoria s Secret Vox Mobile, LLC WEST TROY TOOL ACHINE, INC. White Castle System, Inc. Zatkoff Seals and Packing Ada Technologies, Inc. Alexander Mann Solutions Corporation Allied Machine & Engineering Co Allied Mineral Products, Inc. Ameriwood Industries, Inc. Apex Q Industrial Technologies LLC Arminak & Associates, LLC Artiflex Manufacturing, LLC Ashland Econom Development Autotool Inc. Bare Escentuals Beauty, Inc. BrandMuscle, Inc. CADRE COMPUTER RESOURCES CO. CareSource Management Group Company City of Ke Closed Loop Refining & Recovery Corbus, LLC Delaware Art.com, Inc. Discover Financial Services, Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fatho SEO, LLC Federal Supply Services International LLC Food Safety Net Services Garner Transportation Group, Inc H.B. Fuller Company Hadsell Chemical Processing L Halliburton Energy Services, Inc. Industry Products Co. Infra-Metals Co. Intelligent Mobile Support, Inc. JDI Opportunity, LLC JJR Solutions, LLC Johnson Controls, I Latty Grain LayerZero Power Systems, Inc. Leyshon Miller Industries, LLC Lincare Holdings, Inc. Long View Steel Corp. Maines Paper & Food Service - Cleveland, In Midmark Corporation Miller Precision Mfg. Industries, Inc. Mold QUARTERLY Masters Intl. Inc. Nestle REPORT Usa, Inc. Newell Rubbermaid OmniSource Corporation Oxford Consulti roup, Inc. Patented Acquisition Corporation Paycor, Inc. Pickaway Progress Partnership Plasticolors, Inc. Preformed Line Products PSA Airlines, Inc. R. ndustries, Inc. RMI Titanium Company Rosenboom Schlumberger Technology Corporation Skylight Financial Group SOFT-LITE LLC SPR Therapeutics, LLC Strau Industries, Inc. Synapse Biomedical, Inc. Tarigma Corporation Technicote Westfield, Inc TH Plastics The E.W.Scripps Company The G&G Manufacturing Company T J. M. Smucker Company The National Colloid Company The Rovisys Company Thogus Products Company Quality Logistics, LLC Valtronic Technologies (USA) In Victoria s Secret Vox Mobile, LLC WEST TROY TOOL & MACHINE, INC. White Castle System, Inc. Zatkoff Seals and Packing Ada Technologies, Inc. Alexander Ma olutions Corporation Allied Machine & Engineering Corp Allied Mineral Products, Inc. Ameriwood Industries, Inc. Apex Industrial Technologies LLC Arminak Associates, LLC Artiflex Manufacturing, LLC Ashland Economic Development Autotool Inc. Bare Escentuals Beauty, Inc. BrandMuscle, Inc. CADRE COMPUT ESOURCES CO. CareSource Management Group Company City of Kent Closed Loop Refining & Recovery Corbus, LLC Delaware Art.com, Inc. Discover Financial Service Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fathom SEO, LLC Federal Supply Services International LLC Food Safety Net Services Garner Transportati Group, Inc H.B. Fuller Company Hadsell Chemical Processing LLC Halliburton Energy Services, Inc. Industry Products Co. Infra-Metals Co. Intelligent Mobile Suppo nc. JDI Opportunity, LLC JJR Solutions, LLC Johnson Controls, Inc Latty Grain LayerZero Power Systems, Inc. Leyshon Miller Industries, LLC Lincare Holdings, In Long View Steel Corp. Maines Paper & Food Service - Cleveland, Inc. Midmark Corporation Miller Precision Mfg. Industries, Inc. Mold Masters Intl. Inc. Nestle Usa, In Newell Rubbermaid OmniSource Corporation Oxford Consulting Group, Inc. Patented Acquisition Corporation Paycor, Inc. Pickaway Progress Partnership Plasticolor Inc. Preformed Line Products PSA Airlines, Inc. R. K. Industries, Inc. RMI Titanium Company Rosenboom Schlumberger Technology Corporation Skylight Financi roup SOFT-LITE LLC SPR Therapeutics, LLC Strauss Industries, Inc. Synapse Biomedical, Inc. Tarigma Corporation Technicote Westfield, Inc TH Plastics T E.W.Scripps Company The G&G Manufacturing Company The J. M. Smucker Company The National Colloid Company The Rovisys Company Thogus Products Compa Quality Logistics, LLC Valtronic Technologies (USA) Inc. Victoria s Secret Vox Mobile, LLC WEST TROY TOOL & MACHINE, INC. White Castle System, Inc. Zatko Seals and Packing Ada Technologies, Inc. Alexander Mann Solutions Corporation Allied Machine & Engineering Corp Allied Mineral Products, Inc. Ameriwood Industrie Inc. Apex Industrial Technologies LLC Arminak & Associates, LLC Artiflex Manufacturing, LLC Ashland Economic Development Autotool Inc. Bare Escentuals Beaut nc. BrandMuscle, Inc. CADRE COMPUTER RESOURCES CO. CareSource Management Group Company City of Kent Closed Loop Refining & Recovery Corbus, LLC Delawa Art.com, Inc. Discover Financial Services, Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fathom SEO, LLC Federal Supply Services International LLC Fo Safety Net Services Garner Transportation Group, Inc H.B. Fuller Company Hadsell Chemical Processing LLC Halliburton Energy Services, Inc. Industry Products C Infra-Metals Co. Intelligent Mobile Support, Inc. JDI Opportunity, LLC JJR Solutions, LLC Johnson Controls, Inc Latty Grain LayerZero Power Systems, Inc. Leysh Miller Industries, LLC Lincare Holdings, Inc. Long View Steel Corp. Maines Paper & Food Service - Cleveland, Inc. Midmark Corporation Miller Precision Mfg. Industrie nc. Mold Masters Intl. Inc. Nestle Usa, Inc. Newell Rubbermaid OmniSource Corporation Oxford Consulting Group, Inc. Patented Acquisition Corporation Paycor, In Pickaway Progress Partnership Plasticolors, Inc. Preformed Line Products PSA Airlines, Inc. R. K. Industries, Inc. RMI Titanium Company Rosenboom Schlumberg Technology Corporation Skylight Financial Group SOFT-LITE LLC SPR Therapeutics, LLC Strauss Industries, Inc. Synapse Biomedical, Inc. Tarigma Corporati Technicote Westfield, Inc TH Plastics The E.W.Scripps Company The G&G Manufacturing Company The J. M. Smucker Company The National Colloid Company T Rovisys Company Thogus Products Company Quality Logistics, LLC Valtronic Technologies (USA) Inc. Victoria s Secret Vox Mobile, LLC WEST TROY TOOL ACHINE, INC. White Castle System, Inc. Zatkoff Seals and Packing Ada Technologies, Inc. Alexander Mann Solutions Corporation Allied Machine & Engineering Co Allied Mineral Products, Inc. Ameriwood Industries, Inc. Apex Industrial Technologies LLC Arminak & Associates, LLC Artiflex Manufacturing, LLC Ashland Econom Development Autotool During Inc. Bare Q2 Escentuals 2012, Beauty, JobsOhio Inc. BrandMuscle, its statewide Inc. CADRE COMPUTER partners RESOURCES successfully CO. CareSource worked Management with Group Company City of Ke Closed Loop Refining & Recovery Corbus, LLC Delaware Art.com, Inc. Discover Financial Services, Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fatho SEO, LLC Federal Supply Services 77 companies International LLC that Food committed Safety Net Services to create Garner Transportation or retain 15,904 Group, Inc jobs H.B. Fuller for Company Ohioans. Hadsell Chemical Processing L Halliburton Energy Services, Inc. Industry Products Co. Infra-Metals Co. Intelligent Mobile Support, Inc. JDI Opportunity, LLC JJR Solutions, LLC Johnson Controls, I Latty Grain LayerZero Power Systems, Inc. Leyshon Miller Industries, LLC Lincare Holdings, Inc. Long View Steel Corp. Maines Paper & Food Service - Cleveland, In

2 OHIO ECONOMIC OVERVIEW Ohio s Economic Climate Strong and Getting Stronger Ohio is generating momentum with more than 111,000 jobs created since January 2011 and experiencing its lowest unemployment rate since This momentum is supported by an improved economic climate, Governor Kasich a business-minded governor, and a new economic development strategy that is focused on delivering positive job results throughout the state. UNEMPLOYMENT OHIO VS. NATIONAL AVERAGE % 5.3% Jan 2005 Ohio U.S. Since Jan. 2011, the improvement in Ohio s unemployment rate (1.8 percentage points) is double the U.S. improvement (0.9 percentage points). 10.6% 9.7% Jan % 9.4% 9.1% 9.0% Nov Jan June % 7.2% TOP 4 IN JOB CREATION over the past 12 months ELEVEN CONSECUTIVE MONTHS of increased employment UNEMPLOYMENT UPDATE JANUARY 2011 JUNE 2011 JANUARY 2012 JUNE 2012 Unemployment Rate by County 0 5% 5 8% 8 12% 12 15% 15 20% 9.0% Unemployment +11,300 JOBS 8.9% Unemployment Unemployment Decreased in ALL 88 COUNTIES since January ,400 JOBS 7.7% Unemployment +56,600 JOBS 7.2% Unemployment 111,300 JOBS CREATED Source: U.S. Bureau of Labor Statistics

3 JOBSOHIO Q2 UPDATE OHIO JOBS INVESTMENTS GROW IN Q2 JobsOhio focuses its economic development efforts on a diverse portfolio of targeted industries and business functions that drive the state s economy and have the greatest impact on job creation. Projects announced in the second quarter represent job creation and capital investment commitments to be completed in the next three years. With its state and regional partners, JobsOhio won 77 projects with commitments to retain or create 15,904 jobs totaling more than $712 million in annual payroll. These 77 projects represent a total capital investment of $863 million. The state s three-year return on investment (ROI) is estimated at $31 million. Q RESULTS # of Projects 77 New Jobs (committed) 4,666 Q2 PROJECT COUNT BY LEAD SOURCE Referral 4 New Jobs Payroll (committed) $205 million Retained Jobs (committed) 11,238 Retained Jobs Payroll (committed) $507 million Jobs (including retained) 15,904 Jobs Payroll (including retained) $712 million Jobs at Risk (out of retained) 2,767 Capital Investment (committed) $863 million Consultant 25 Retention & Expansion Contact 19 Direct from Company 29 ROI Year 1 ROI Year 3 ROI Year 10 Quarter Q2 Q2 First Half First Half (calendar year) # of Projects New Jobs (committed) Jobs (including retained) Jobs Payroll (including retained) Capital Investment (committed) $6 million $31 million $142 million ROI Positive Year 3 (68 out of 77) 88% ,490 4,666 9,127 10,192 16,136 15,904 30,824 33,235 $1.0 B $712 M $1.8 B $1.7 B $697 M $863 M $1.6 B $2.9 B PROJECT COUNT More than a third of the projects in Q2 were sourced directly from companies. FIRST HALF 2012 PROJECT COUNT BY INTERNATIONAL REGION OF ORIGIN Middle East 1 Canada 1 Asia 5 South America 1 Europe 6 PROJECT COUNT In the first half, 10% of the 147 projects were from international origin.

4 JOBSOHIO Q2 UPDATE Q2 Company Commitments Span Ohio s Diverse Industries KEY Advanced Manufacturing Aerospace and Aviation Automotive Biohealth Consumer Products Energy Financial Services Food Processing and Agribusiness Information Technology and Services Polymers and Chemicals Other Q2 NEW JOBS BY INDUSTRY , Q2 CAPITAL INVESTMENT (IN MILLIONS) $99 $88 $41 $20 $18 $863 M $137 $1 $25 $350 $37 $47 KEY Incentives No Incentives INCENTIVES VS. NO INCENTIVES 4, ,079 New Jobs $205 M $16 M $189 M New Payroll $863 M $118 M $745 M New Capital Investment JOBS CREATED & RETAINED BY TYPE 1,045 2, ,767 RETENTION OF JOBS AT RISK 3, ,621 EXPANSION OF EXISTING COMPANIES ATTRACTION OF NEW COMPANIES ACTIVE PROJECTS BY STAGE Sales Leads ,148 JOBS $1.7 billion capital investment 27,855 JOBS 22,094 JOBS Deals in Negotiation 118 Offers of Incentives 40 $558 million capital investment 4,599 JOBS Applications in Progress 19 $2.7 billion capital investment $891 million capital investment

5 SELECTED Q2 PROJECTS Significant job and capital investment commitments were made in every region and across all industries in Ohio during Q2. Jobs Capital Expansion/ Company Region Created Investment New Location Industry Southeast 300 $192 million New Location Energy Northeast 300 $250,000 New Location Other Northeast 250 $150 million New Location Energy Southwest 200 $15 million New Location Food Processing & Agribusiness Central 162 $76 million Expansion Financial Services Southwest 150 $22 million Expansion Financial Services Western 150 $4 million Expansion Biohealth Southwest 142 $2 million Expansion Information Technology Western 100 $19 million New Location Food Processing & Agribusiness Northwest 86 $10 million Expansion Automotive Central 75 $9 million Expansion Consumer Products Southeast 60 $10 million New Location Advanced Manufacturing Southeast 50 $15 million New Location Advanced Manufacturing Central 50 $4 million New Location Polymers & Chemicals Northwest 33 $20 million Consolidation Consumer Products Northwest 22 $22 million Expansion Advanced Manufacturing Northeast 17 $20 million Expansion Advanced Manufacturing JobsOhio Network Partners Western 14 $1 million Expansion Aerospace & Aviation

6 Summary of Q2 Results What is JobsOhio? business-minded Governor and a highly accomplished board Visit our website at Jobs-Ohio.com to learn more. Jobs-Ohio.com 41 S. High Street, Suite 1500 Columbus, OH (614) [email protected] JobsOhio. All rights reserved.