SC Power Team Board of Trustees

Transcription

1 2015 year in review

2 SC Power Team Board of Trustees Lonnie N. Carter President and Chief Executive Officer Santee Cooper Franklin M. Looper, Jr. Trustee, Central Electric Power Cooperative, Inc. Trustee, Blue Ridge Electric Cooperative David F. Singleton Owner, Singleton Properties, Inc. Member, Santee Cooper Board of Directors W. Leighton Lord, III Vice Chairman Member, Nexsen Pruet, LLC Chairman, Santee Cooper Board of Directors Lawrence Larry J. Hinz Chairman President and Chief Executive Officer Coastal Electric Cooperative, Inc. B. Robert Paulling President and Chief Executive Officer, Mid-Carolina Electric Cooperative, Inc. Trustee, Central Electric Power Cooperative, Inc. Barry D. Wynn President, Colonial Trust Member, Santee Cooper Board of Directors Robert C. Hochstetler President and Chief Executive Officer Central Electric Power Cooperative, Inc. Cover photos: Jim Huff

3 Lawrence Larry J. Hinz, Chairman Our system closed 2015 with 37 announcements totaling $1.47 billion in capital investment and over 5,000 new jobs. It is my honor to lead the SC Power Team. Since our inception more than 28 years ago, our legacy of supporting community growth through economic development, collaboration and partnership has endured. Thanks to our many dedicated board members and team members, our organization is reaching new heights. Closing 2015 with 37 announcements totaling $1.47 billion in capital investment and over 5,000 new jobs, SC Power Team s system hit record metrics for the second consecutive year, which included the following:» Foreign direct investment totaled $1.13 billion, which made up 63 percent of the newly created jobs» Seventy-five percent of our electric cooperatives added industrial expansions and/or new locating businesses to the system» Several announcements occurred in areas that were underrepresented for deal flow in years past When Swedish automaker Volvo Cars announced its first U.S. assembly plant would be built in Berkeley County, it was one of the largest economic development announcements ever made in the Lowcountry. The combined offerings of Edisto Electric and Berkeley Electric Cooperatives, along with Santee Cooper, played an essential role in Volvo Cars decision to choose the Palmetto State. SC Power Team, our partners Central Electric Power Cooperative and Santee Cooper, have each played a significant role in economic development for nearly three decades. We are thankful for Santee Cooper and South Carolina s 20 electric cooperatives for their continued belief in the SC Power Team partnership and for all they do to create jobs and attract new capital investments. Sincerely, Lawrence Larry J. Hinz Chairman, SC Power Team 1

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5 W. Leighton Lord, III, Vice Chairman We are laser-focused on recruiting companies to our state, offering assistance through the selection process, and making sure our sites remain in the running for a potential location decision. Since adopting our Strategic Blueprint in January 2014, SC Power Team has implemented initiatives to bring greater value to our partners, as we have identified areas of focus that allow us to be essential to the economic development process in South Carolina for the foreseeable future. Our Strategic Blueprint set in motion a series of commitments made by our board, to include funding new initiatives, expanding staff resources, and adopting new incentive rates for power. In this Year-in-Review 2015, you will discover how these initiatives are working to improve community offerings and increase competitiveness across South Carolina ultimately strengthening our position to win deals and improve the lives of those we serve. SC Power Team is laser-focused on recruiting companies to our state, offering assistance through the selection process, and making sure our sites remain in the running for a potential location decision. By executing a holistic strategy in the areas of project management, research, and communications, we have seen growth to our system, creating wins in areas that have not had large industrial announcements previously, and have helped to create thousands of new jobs for the people we serve. In closing, I would like to express our gratitude to our partners at Santee Cooper, Central Electric Power Cooperative, the electric cooperatives of South Carolina, South Carolina Department of Commerce, the regional alliances and all local economic development organizations in helping us be partners in progress and prosperity. We are grateful for your partnership. Sincerely, W. Leighton Lord, III Vice Chairman, SC Power Team 3

6 SC Power Team STAFF James A. Chavez President and CEO Warren A. Darby, JR. Vice President, Global Business Jennifer Jan M. Guerry Administrative Assistant Clancy Courtney Product Development Manager R. Andrew Folks Business Retention and Expansion Manager Anne Marie Gibbons Executive Assistant and Operations Manager jason E. Speake Senior Project Manager Angelyn T. smith Project Manager 4 Joan D. Kelley Marketing and Communications Director Donald Rusty P. Reed Senior Vice President Community Preparedness Timothy Tim M. Duerr Director of Research

7 SC Power Team is a full-service, non-profit economic development organization representing Santee Cooper, South Carolina s state-owned electric and water utility, and the state s 20 consumer-owned electric cooperatives. SC Power Team serves two-thirds of the area of the state and about half of its population. The mission of SC Power Team is to facilitate the growth of jobs, investment and electric load through the attraction of new industrial and commercial activity, as well as, the expansion and retention of existing businesses and facilities in the service areas of the electric cooperatives and Santee Cooper throughout South Carolina. 5

8 SC Power Team System Had Second Record-Setting Year Photo: Jim Huff The SC Power Team system hit record metrics for the second consecutive year with 37 business location/expansion announcements totaling more than $1.47 billion in capital investment and more than 5,000 new jobs. 3.0 Capital investment 20,000 New jobs 400,000 Installed Capacity $2.929 billion $2.394 billion (82% of goal) 15,000 10,000 5,000 16,415 13,640 (83% of goal) 350, , , , , ,000 50, ,133 kva 149,585 kva (43% of GOAL) year metrics Jan 2014 DEC year metrics Jan 2014 DEC year metrics Jan 2014 DEC

9 2015 Location/Expansion Announcements added to the SC Power Team System Company Capital Investment Jobs created Co-op County type Volvo Cars $500,000,000 2,000 edisto Berkeley new Haile Gold Mine $353,000, Lynches River Lancaster new Dollar Tree, Inc. $104,400, Broad River Cherokee, Spartanburg new Rite Aid $90,000, Broad River Spartanburg new Techtronic Industries (TTI) $85,000, Blue Ridge anderson expansion Honda of South Carolina Mfg., Inc. $42,000, Pee Dee florence expansion Gerber Childrenswear, LLC $33,000, Berkeley Berkeley new Arauco $30,000, Marlboro marlboro expansion Plains Midstream Canada $30,000,000 7 Lynches River Lancaster new West Fraser, Inc. $27,000, Newberry newberry expansion ZF Transmissions $22,500, Laurens Laurens expansion SafeRack, LLC $20,000, Santee georgetown expansion Mogul South Carolina Nonwovens $17,600, Laurens Laurens new Hickory Springs Water, LLC $16,500, Tri-County orangeburg expansion Columbia Farms, Inc. $14,000,000 - aiken aiken new Broad River Furniture $12,600, york york new EuWe Eugen Wexler US Plastics, Inc. $11,100, Blue Ridge anderson new MPW Industrial Services $10,000, Santee georgetown new A&R Bulk-Pak $7,500, Berkeley Berkeley new ITECH South, LLC $6,030, Blue Ridge oconee expansion Hanson Aggregates $5,000, Marlboro marlboro expansion The Fitts Company, Inc. $4,200, Tri-County Calhoun new Thermo King $4,100, Tri-County Calhoun new Shutterfly, Inc. Fort Mill $4,000, York York Expansion King Automation $4,000, Laurens Spartanburg expansion Little Spider Creations $2,600, Santee Cooper Horry new Titan Stainless $2,600, Lynches River Chesterfield New Advanta Industries, Inc. $2,600, Santee Clarendon expansion ITT Corporation $2,500,000 - Blue Ridge oconee expansion Worksman Cycles $2,500, Santee Cooper Horry new AS/R Systems, Inc. $2,500, Palmetto Jasper new Silcotech Carolina $2,500,000 - Y york york expansion Advanced Manufacturing & Power Systems, Inc. $2,300, Little River abbeville new Embroidery Solutions $1,800, Santee williamsburg expansion US Building Innovations, Inc. $1,000, Blue Ridge oconee expansion Impresa Aerospace * 72 Berkeley Berkeley new TOTALS $1,476,430,000 5,259 *capital investment undisclosed 7

10 SC Power Team, alongside SC Department of Commerce, local economic development offices and regional alliances, help support mission trips, marketing initiatives and numerous additional activities in pursuit of expanding, retaining and recruiting new industry to South Carolina. As a Palmetto Partner, we know South Carolina is Just right for living, working and playing. South Carolina Department of Commerce received Business Facilities' Silver Award 2015 Economic Development Deal of the Year for Volvo's first North American assembly plant The deal bringing Volvo to SC was the result of an unprecedented partnership of local and state officials, the South Carolina Power Team, Santee Cooper, Central Electric Power Cooperative and Edisto and Berkeley electric cooperatives. Business Facilities magazine Jan/Feb 2016 Annually Site Selection magazine designates ten U.S. utilities as Top of Class for their economic development efforts. The following criteria are applied to determine top utilities:» analysis of corporate end-user project activity for the previous years in those utilities' territories based on data from Site Selection's New Plant Database and from utility and community reports; website tools and data; innovative programs and incentives for business, including energy efficiency and renewable programs; and the utility's own job-creating infrastructure and facility investment trends. SC Power Team named by Site Selection magazine to Top of Class 2015 Top Utilities in Economic Development. 8

11 Expansions to our system created $272 million in capital investment in 2015 Business expansions continue to be a viable part of the South Carolina economy. SC Power Team, our partners Santee Cooper and the 20 electric cooperatives, are committed to being a strong utility partner to those we serve. In 2015, 43 percent of the announcements were major industrial expansions creating $272 million in capital investment and more than 1,186 new jobs. Photo: Jim Huff Hickory Springs Bottling, Inc. Embroidery Solutions Manufacturing, LLC. 9

12 In 2015, 40 percent of the newly created jobs in South Carolina were in SC Power Team territory. By capital investment, 30 percent of the top ten were announced in SC Power Team territory. Photo: Jim Huff Top 10 Announcements from SC Department of Commerce for 2015 By Job Creation Company County announced Jobs Volvo Car Group Berkeley 2,500 Red Ventures Lancaster 1,500 Mercedes-Benz Vans Charleston 1,500 Movement Mortgage, LLC Lancaster 1,500 Rite Aid Spartanburg 650 ZF Transmissions Gray Court LLC Laurens 545 Amazon.com, Inc. West Columbia Lexington 500 Schaeffler Group USA Chesterfield/Spartanburg/York 443 Haier America Refrigerators Co. Kershaw 410 Dollar Tree Cherokee/Spartanburg 400 Moneypenny Charleston 400 By Capital Investment Company County announced Investment Volvo Car Group Berkeley $500,000,000 Mercedes-Benz Vans Charleston $500,000,000 Kronotex USA Holdings, Inc. Barnwell $230,000,000 Schaeffler Group USA Chesterfield/Spartanburg/York $166,800,000 Orchids Paper Products Co. Barnwell $110,000,000 Dollar Tree Cherokee/Spartanburg $104,400,000 Carolina Poly, Inc. Chester $100,000,000 Mitsubishi Polyester Film, Inc. Greenville $100,000,000 Red Ventures Lancaster $90,000,000 Rite Aid Spartanburg $90,000,000 *Recruited figures represent projects that were won during the year Announcements made in 2015 may include projects that were recruited in the previous year and announced later. Source: S.C. Department of Commerce 10

13 Photo: Jim Huff 2015 SC Power Team Announcements fdi fdi Magazine named South Carolina as its national champion for achievement in foreign direct investment. SC Power Team's announcements for 2015 support this acknowledgement with foreign direct investment announcements making up 63 percent of the newly created jobs added to our system. Of the $1.47 billion in capital investment announced to our system, 77 percent was foreign direct investment. Announced Capital Investment Domestic $344,130,000 International $1,132,300,300 Announced New Jobs Domestic 1,915 International 3,344 Featured Announcements» Volvo Cars» Rite Aid» Dollar Tree» EuWe Eugen Wexler US Plastics, Inc.» Techtronic Industries, Inc. (TTI)» SafeRack, LLC» Advanced Manufacturing & Power Systems, Inc.» Honda of South Carolina Manufacturing» ZF Transmissions 11

14 volvo cars $500 million capital investment 2,000 jobs SCEDIF Investment, SRF, Santee Cooper Economic Development Loan, new incentive rate utilized Served by Edisto Electric Cooperative (Serving Allendale, Bamberg, Barnwell, Berkeley, Colleton, Dorchester, Hampton and Orangeburg) Photo: Jim Huff Volvo Cars builds 1st North American Plant in Berkeley County Volvo Cars establishing its first U.S. automotive assembly plant in Berkeley County is a tremendous blessing to our community and state. Our location offered the most attractive, comprehensive package of a highly developable site, infrastructure, workforce, and a team of committed partners. As a power system, we combined our resources with Berkeley Electric Cooperative, Central Electric Power Cooperative, Santee Cooper, and SC Power Team to assist our allies from the state and county levels to seal the deal with Volvo. David E. Felkel, President & CEO, Edisto Electric Cooperative The new Volvo assembly plant brings immense opportunity to the I-26 North Charleston corridor. As a reliable power provider, we along with our partners, Edisto Electric Cooperative, SC Power Team and Santee Cooper, infused the necessary resources into the SC package to make this deal happen. We are grateful for the SC Power Team community preparedness initiatives that enable our power system to be a true utility partner. Dwayne Cartwright, President & CEO, Berkeley Electric Cooperative Volvo Cars is a world-class manufacturer whose choice of Berkeley County signals a sea change for this community. This decision reflects well on an unprecedented partnership of local and state officials, the South Carolina Power Team and Edisto and Berkeley electric cooperatives, who pulled together for the greater benefit of all. For our part, Santee Cooper is committed to building on this investment for decades to come, to maximize opportunities for Volvo, the people who will work there and the additional development that will follow and transform this corner of South Carolina. Lonnie Carter, President and CEO, Santee Cooper 12

15 Rite Aid $90 million capital investment 600 jobs 1st new distribution facility in 15 years Dollar Tree $104.4 million capital investment 400 jobs new operations in the Upstate SCEDIF Investment Served by Broad River Electric Cooperative (Serving Cherokee, Newberry, Spartanburg, and Union, SC. Cleveland, Polk, and Rutherfordton, NC) Photo: Rite Aid site, Johnson Development Associates, Inc. New distribution centers bring 1,000 new jobs to the Upstate as part of Team South Carolina, Broad River Electric Cooperative and SC Power Team were able to support Rite Aid and Dollar Tree through grant funding for infrastructure. While providing affordable and highly reliable electric power is the service we provide, being a utility partner focused on building communities is our commitment. Richard Baines, President & CEO, Broad River Electric Cooperative we have been very impressed with the business-friendly approach and support that the State of South Carolina and counties of Cherokee and Spartanburg have provided. This project demonstrates our commitment to the Upstate area by creating hundreds of jobs in the region. We are proud to become a bigger part of the local community. Bob Sasser, Chief Executive Officer, Dollar Tree Spartanburg is an ideal location for our new distribution center. We thank the state of South Carolina for their cooperation and support during our site selection process, and we look forward to breaking ground on our new facility, which will help us to further optimize our supply chain and better serve our stores and customers across the Southeast. John Standley, Chairman and CEO, Rite Aid 13

16 EuWe Eugen Wexler US Plastics, Inc. $11.1 million capital investment 49 jobs SCEDIF Investment and new incentive rate utilized Blue Ridge Electric Cooperative (Serving Anderson, Greenville, Oconee, Pickens and Spartanburg Counties) EuWe Eugen Wexler US Plastics, Inc. selects SC for its 1st U.S. facility The EuWe Group s decision to place its first U.S. facility in our state, and Anderson County, specifically, places emphasis on the desirable location we offer automotive suppliers and the success others operating in our state have experienced. Electricity, its reliability and affordability, are a huge factor in high-tech manufacturing. SC Power Team and our cooperative s combined funding for infrastructure made this location even more attractive. Charles E. Dalton, President & CEO, Blue Ridge Electric Cooperative when looking for the right site, we were impressed by the professionalism and the welcoming demeanor of the people in South Carolina and especially those in Anderson County. As a company that is still managed by its founding family and one that always plans for the future, we believe we ll find the best employees here in South Carolina to make this endeavor a success. Markus Gosse, CEO, EuWe Eugen Wexler US Plastics, Inc. The automotive sector continues to drive South Carolina s economy. We congratulate the EuWe Group on their decision to join the more than 250 automotive-related companies and suppliers that call the Palmetto State home. Bobby Hitt, Secretary of Commerce, South Carolina 14

17 Techtronic Industries, Inc. (TTI) $85 million capital investment 216 jobs SCEDIF Investment Blue Ridge Electric Cooperative (Serving Anderson, Greenville, Oconee, Pickens and Spartanburg Counties) Techtronic Industries invests $85 million expansion in Anderson County TTI s location choice for its expansion will increase distribution efficiency and productivity of its consumer products, which includes household and world-famous iconic brands like Oreck, Homelite and Dirt Devil. The resources of our cooperative and SC Power Team make expansions like this one more expedient, as we address necessary on-site and off-site improvements. We are glad to have them in our community as a corporate citizen and look forward to partnering with them. Charles E. Dalton, President & CEO, Blue Ridge Electric Cooperative investing and expanding our South Carolina operations will allow us to better serve our customers and enhance our leadership position in the U.S. Power Tool and Outdoor Products Marketplace. We d like to thank our South Carolina partners Governor Nikki Haley, the South Carolina Department of Commerce and Anderson County for helping this project come to fruition. Mike Farrah & Lee Sowell, Presidents, TTI Power Equipment, Power Tool & Outdoor Products Marketplace The Upstate is home to a large concentration of port users and a rising number of distribution centers that serve the booming Southeastern consumer population. Techtronic s announcement is significant to the Port, and it reflects our connection between international manufacturers and access to inland markets for retail distribution. Jim Newsome, President and CEO, SC Ports Authority 15

18 saferack, LLC $20 million capital investment 100 jobs Expansion Santee Electric Cooperative (Serving Clarendon, Florence, Georgetown and Williamsburg Counties) SafeRack Expands Existing Operations in Georgetown County as SafeRack s utility partner, it is wonderful to watch their rapid growth and be able to support their expansion. Their new 100,000 sq. ft. addition to their existing facility will be a hub for manufacturing, warehousing and sales. The company is community-minded and their confidence in South Carolina is shown by bringing additional jobs to the people we serve. Robert G. Rob Ardis, III, President & CEO, Santee Electric Cooperative we are committed to having both our customer service and manufacturing facilities based in Andrews and surrounding areas. We believe being based in South Carolina contributes to our success and this success is directly tied to our need for expanded facilities and staff. Rob Honeycutt, Chief Executive Officer, SafeRack/SixAxis SafeRack is a great example of how South Carolina companies can grow and thrive in our state. This $20 million investment, creating 100 new jobs, is a huge step for this remarkable company and proves that the Team South Carolina approach to investing in workforce training, education and economic development continues to pay off. The Honorable Nikki Randhawa Haley, Governor of South Carolina 16

19 Advanced Manufacturing & Power Systems, Inc. $2.3 million capital investment 48 jobs SCEDIF Investment Little River Electric Cooperative (Serving Abbeville, Anderson, Greenwood and McCormick counties) Advanced Manufacturing & Power Systems, Inc., Establishes First South Carolina Operations in Abbeville County industry recruitment into a rural area like Abbeville is a testament that companies can invest anywhere in South Carolina and still find a skilled workforce, necessary infrastructure, and operational logistics to meet its business needs. SC Power Team and our cooperative were able to assist with grants for infrastructure and serve as a piece of the overall community offering and recruitment. Roland L. White, General Manager, Little River Electric Cooperative The collaboration between the South Carolina Department of Commerce and the economic development group of Abbeville County has been exemplary. We look forward to opening our new facility in Abbeville and bringing new jobs and growth to the area. Joseph Scofield, President, Advanced Manufacturing & Power Systems, Inc. any day that we re able to announce new jobs in one of our rural counties is a great day in South Carolina. Companies from around the world are hearing about our workforce and our business-friendly environment, and they know they can succeed in every part of our state. The 48 new jobs Advanced Manufacturing & Power Systems is bringing to Abbeville County really will make a difference in that community. The Honorable Nikki Randhawa Haley, Governor of South Carolina 17

20 honda $42 million capital investment 44 jobs Expansion Pee Dee Electric Cooperative (Serving Chesterfield, Darlington, Dillon, Florence, Lee and Marion Counties) Honda of South Carolina Manufacturing Expands Its Existing Florence County Operations we are thrilled by the steady growth Honda of SC Manufacturing has continued to experience here in the Pee Dee. Having been Honda s local utility partner for over 18 years, we have been an integral part of their progression. The company s side-by-side utility vehicle has grown in popularity increasing their need for additional manufacturing and production capability. Honda has experienced our workforce, partnership, and friendly-business climate that continue to make South Carolina Just right for each expansion. Brian F. Kelley, President & CEO, Pee Dee Electric Cooperative The ultimate heritage of any company is its people. I am excited to be here in South Carolina with associates representing Team Honda from across our many business divisions, including manufacturing, R&D and sales and marketing. The products that we are building in the Palmetto State today will set new benchmarks for our industry in the future. Takuji Yamada, President, Honda North America The side-by-side market is growing rapidly, and Honda is focused on adding new jobs and investment in South Carolina to meet the increasing customer demand. The new Honda Pioneer 1000 will be the flagship offering in the largest and fastest-growing segment of the industry, and the 1,000 associates at Honda of South Carolina in Timmonsville are ready and excited to meet the challenge. Brian Newman, President, Honda of South Carolina 18

21 ZF transmissions $22.5 million capital investment 545 jobs SCEDIF Investment Expansion Laurens Electric Cooperative (Serving Abbeville, Anderson, Greenville, Laurens, Newberry, Spartanburg and Union counties) ZF Transmissions invests $22.5 million in expansion in laurens county zf Transmissions expansion will generate 545 new positions and that is great news for Laurens County citizens. ZF makes 8-speed automatic transmissions, as well as the world s first 9-speed automatic transmission right here in South Carolina. Being reliable, affordable, and above-all, willing to assist companies in achieving future and current goals is how we support economic development in our area. Grant funds from our cooperative and SC Power Team help achieve expansions, such as this one. J. David Wasson, Jr., President & CEO, Laurens Electric Cooperative Laurens County and South Carolina continue to provide a strong home for ZF s manufacturing of our 8- and 9-speed transmissions. We appreciate the continued support of the local and state governments, and all of our partners in providing a healthy environment for ZF s continued growth. Thomas Joos, Vice President, ZF Transmissions Gray Court we celebrate ZF Group s decision to expand their Gray Court operations in South Carolina. More than having a major impact on our entire Upstate community, this expansion is a true testament to the positive business climate and loyal workforce we ve fostered in all corners of our state. Bobby Hitt, Secretary of Commerce, South Carolina 19

22 Initiatives SC Power Team is dedicated to supporting our local and regional partners in promoting, attracting, and retaining business and new industry. One way in which we accomplish this is through our community initiatives, which focus on competitiveness and community preparedness. In collaboration with our partners the State s 20 electric cooperatives and Santee Cooper we are able to offer several incentives to advance communities. Photo: Jim Huff Community Preparedness Site Readiness Fund (SRF)» Committed $30 million over the next five-year period, matched by local funds to create market-ready sites and buildings across South Carolina.» In 2015 SRF investment included $6.581 million for projects that totaled $11 million for the following: Clarendon County Sallie Alderman Site property acquisition; water, sewer and road improvements; Colleton County property acquisition; Dillon County property acquisition; water and sewer upgrades; Berkeley County (2,000 acres at Camp Hall) property acquisition and infrastructure deployment.» In 2015, Launched Site Readiness Fund (SRF) Phase II to identify a mega site and three large industrial sites. economic DeveLopMent review (edr) Each year, SC Power Team hosts more than 200 select stakeholders, partners, and allies in the economic development community for a two-and-a-half day conference, covering key topics in the industry, success stories from existing or new industry announcements and education on preparedness. Southern Economic Development Council (SEDC) recognized SC Power Team for its Economic Development Review 2015 with an Award of Excellence, large division. professional DeveLopMent SChoLarShipS and StrategiC planning» Professional Development Scholarships to support continuing education in the area of economic development Professional Development Scholarships $6,430 Since 2006, SC Power Team has invested $134,000 in professional development scholarships» Strategic Planning Initiative, which includes a community education component Strategic Planning Initiative $95,100 Since 2006, more than $16 million invested in strategic planning 20

23 partners in progress and prosperity Since 1988, SC Power Team has supported more than $13 billion in announced capital investment and over 68,000 new jobs by the private sector in the service area of the 20 electric cooperatives and Santee Cooper. Photo: Jim Huff Community Preparedness (CONTINUED) BuSineSS retention and expansion During 2015, the following activities occurred to monitor expansion projects, make service provider referrals, and to support the electric cooperative-served industrial/distribution customers:» 102 co-op served industrial/distribution customers visited across 18 electric cooperative service territories» 92 visits made with electric cooperative staff in attendance» 11 county/regional economic developers participated in visits in their service area» 18 visits were to new customers or to customers not previously visited by the SC Power Team» 5 new, active industrial location/expansion projects uncovered through business retention/expansion program activity Competitiveness Santee Cooper Economic Development Investment Fund (SCEDIF)» Longstanding initiative that has operated since 1989.» Since 1989, $13.4 million invested into sites by SCEDIF.» Offers assistance with site and building evaluations. Electric Incentive Rates» EDR-13, a discounted rate for power, can lower annual electricity costs an average of 10 to 13 percent for the first five years of operation.» A new industrial incentive rate, which includes the SUPR-14 rider, was adopted in 2014 for companies that meet certain capital investment or job creation requirements and have a minimum load of 2 megawatts. helicopter Site tours SC Power Team offers assistance with taking prospective business or industry executives on tours of sites under consideration via helicopter services. This service allows a prospect to view a site and look at the site s access and infrastructure. 21

24 The launch of our new website has promoted further collaboration between partners. Our site was designed to be an essential tool for our economic development partners when promoting local, regional, and state assets. This data-rich website is leveling the playing field, allowing our communities access to a wealth of data they may not currently have available. James A. Chavez, President and CEO, SC Power Team Powering Technology & Research Supporting our mission as partners for progress and prosperity, SC Power Team launched a new website offering GIS applications as a resource for economic development alliance members, local economic developers, commercial real estate developers, site selection consultants, and others in related industries. The SCPowerTeam.com website and its custom GIS Components is free for any user and enables communities to present stronger community identities and showcase offerings in our state. The GIS components include:» Sites/Parks/Buildings (SPBs) inventory» Focuses on SC inventory» Demographic data (characteristics of a population)» Point, line or shape tool» Examine Labor Markets» Site Selection Analysis» Custom data reports (standard and customizable)» Extensive search capabilities SC Data Center» Same functionality as SPBs-GIS component, but faster access to data desired» Focuses on geographical locations vs. SPBs Capabilities of GIS Components» Increased research capabilities (detailed local data)» Increased flexibility and effectiveness (proposal generation)» Ability to easily articulate a community s story» Most accurate demographics available» Continuously updated fed with real-time data from: 1. Esri the market leader in Geographic Information System (GIS) technology, its 2,000+ partners are continually improving core GIS capabilities. 2. Chmura Economics & Analytics Chmura s JobsEQ product offers extensive data sets for industries and occupations, which is not available anywhere else.» User friendly» 2-3 clicks maximum for search results in the GIS components» Strong SC Data about Target Industries and Workforce, Education & Training Programs» Mobile centric 22

25 our new website illustrates SC Power Team s commitment to providing truly targeted socioeconomic, demographic, industry and occupation reports containing world-class data from Chmura s JobsEQ and ESRI s Business Analyst Online. This expansive data will undoubtedly help grow the Palmetto State. Tim Duerr, Director of Research, SC Power Team training sessions SC Power Team offers training sessions to our partners in an effort to train individuals on the power of the data available and the full capabilities of this online application. 23

26 SANTEE COOPER SC POWER TEAM CENTRAL ELECTRIC POWER COOPERATIVE ELECTRIC COOPERATIVES Power Generation» Santee Cooper our Partnership Transmission» Central Electric Power Cooperative Distribution The Electric Cooperatives of South Carolina» Aiken Electric Cooperative» Berkeley Electric Cooperative» Black River Electric Cooperative» Blue Ridge Electric Cooperative» Broad River Electric Cooperative» Coastal Electric Cooperative» Edisto Electric Cooperative» Fairfield Electric Cooperative» Horry Electric Cooperative» Laurens Electric Cooperative» Little River Electric Cooperative» Lynches River Electric Cooperative» Marlboro Electric Cooperative» Mid-Carolina Electric Cooperative» Newberry Electric Cooperative» Palmetto Electric Cooperative» Pee Dee Electric Cooperative» Santee Electric Cooperative» Tri-County Electric Cooperative» York Electric Cooperative SANTEE COOPER Power Generation State-owned, electric generation and water utility» SC s largest power producer» Services more than 700,000 electric customers in SC» Services directly 29 large industrial customers in 10 counties, the town of Bamberg, the City of Georgetown, and the Charleston Air Force Base» Nation s 2nd largest publicly owned electric utility among state, municipal and district systems based on generation» Nation s 3rd largest based on megawatt-hour sales to ultimate customers CENTRAL ELECTRIC POWER COOPERATIVE ELECTRIC COOPERATIVES (20) SC POWER TEAM Transmission Distribution Marketing & Business Development Generation and transmission company» Provides total wholesale electric service to all of South Carolina s 20 electric cooperatives» Serves over 700,000 accounts» Only truly statewide electric system in South Carolina Non-profit and customer-owned» Services 1.3 million South Carolinians in all 46 counties» Builds and maintains the state s largest power distribution system» More than 72,000 miles of co-op power lines covers 70 percent of South Carolina» Invested millions of dollars in community infrastructure construction and improvement projects Economic development corporation» Promotes job creation, capital investment, and electric load through the attraction of new industrial and commercial activity» Supports expansion and retention of existing businesses» Provides Project Management services to simplify and expedite an organization s relocation to our state or an existing industry with its expansion» Offers community preparedness and competitiveness initiatives 24

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28 Partners in Progress and Prosperity Main Street Suite 1710 Columbia SC