Q3•2012 - JobsOhio

Ascena Retail Group, Inc. n Sarnova, Inc. n Stanley Electric US n Niagara Bottling n Parker Hannifin n Elton Manufacturing n The Great Lakes Towing Company n Clevela
Construction n Midwest Global Distribution Centers n Total Quality Logistics n Nestle USA n Troyer Cheese n Vita-Mix Corporation n Crosscountry Mortgage n Sedgwi
Claims Management Services n Safeguard Properties n The Brewer-Garrett Company n Chesapeake Energy n Mansfield Plumbing Products n Hausenware n AllTech Medic
Systems America n General Motors n IAC Huron n Fuserashi International Technology n Ramco Specialties n Daimler n Wiseco Piston Company n The Step 2 Company n L&
Cleveland n GrafTech International Holdings n Cleveland Range n Norlake Manufacturing Company n The Step 2 Company n Technibus n The Apex Paper Box Company n Fed
Freight n Willmar International n Libbey Inc. n Toledo Molding & Die n Piston Automotive n Toledo Molding & Die n Toledo Molding & Die n Owens-Illinois n Maumee Assemb
& Stamping n Taylor Made Glass n Decko Products n Geo-Tech Polymers n CGI Technologies and Solutions n Rosebud Mining Company n Fanatics n H & H Screening a
Graphics East n Jefferson County Commissioners n Michelman n Jet Machine n Turner Construction Company n Axiom Consulting n Corbus n Seapine Software n Koch Foo
n Integra LifeSciences n Eurofins QTA n Schaerer Mayfield USA n mDynamik n Southern Air n Honeymoon Paper Products n Makino n Cincinnati Test Systemd n Wilm
Cutler Pickering Hale and Dorr n Peerless Technologies n BOI Solutions n Sugar Creek Packing n Jack’s Aquarium & Pets n Aptalis Pharmatech n Crown Equipment n Winga
Packaging n Coldwater Machine Company n Crayex Corporation n Production Control Units n Mace Security International n MSC Industrial Supply n Menlo Logistics In
n Total Quality Logistics n e-Cycle n Sedgwick Claims Management Services n Vision Service Plan n DSW Shoe Warehouse, INC. n Ascena Retail Group, Inc. n Sarnova, In
n Stanley Electric US n Niagara Bottling n Parker Hannifin n Elton Manufacturing n The Great Lakes Towing Company n Cleveland Construction n Midwest Global Distributi
Centers n Total Quality Logistics n Nestle USA n Troyer Cheese n Vita-Mix Corporation n Crosscountry Mortgage n Sedgwick Claims Management Services n Safegua
Properties n The Brewer-Garrett Company n Chesapeake Energy n Mansfield Plumbing Products n Hausenware n AllTech Medical Systems America n General Motors n IA
Huron n Fuserashi International Technology n Ramco Specialties n Daimler n Wiseco Piston Company n The Step 2 Company n L&W Cleveland n GrafTech Internation
Holdings n Cleveland Range n Norlake Manufacturing Company n The Step 2 Company n Technibus n The Apex Paper Box Company n FedEx Freight n Willmar Internation
n Libbey Inc. n Toledo Molding & Die n Piston Automotive n Toledo Molding & Die n Toledo Molding & Die n Owens-Illinois n Maumee Assembly & Stamping n Taylor Ma
Glass n Decko Products n Geo-Tech Polymers n CGI Technologies and Solutions n Rosebud Mining Company n Fanatics n H & H Screening and Graphics East n Jefferson Coun
Commissioners n Michelman n Jet Machine n Turner Construction Company n Axiom Consulting n Corbus n Seapine Software n Koch Foods n Integra LifeSciences n Eurofi
QTA n Schaerer Mayfield USA n mDynamik n Southern Air n Honeymoon Paper Products n Makino n Cincinnati Test Systemd n Wilmer Cutler Pickering Hale and Dorr n Peerle
Technologies n BOI Solutions n Sugar Creek Packing n Jack’s Aquarium & Pets n Aptalis Pharmatech n Crown Equipment n Wingate Packaging n Coldwater Machine Compa
n Crayex Corporation n Production Control Units n Mace Security International n MSC Industrial Supply n Menlo Logistics Inc. n Total Quality Logistics n e-Cycle n Sedgwi
Claims Management Services n Vision Service Plan n DSW Shoe Warehouse, INC. n Ascena Retail Group, Inc. n Sarnova, Inc. n Stanley Electric US n Niagara Bottling n Park
Hannifin n Elton Manufacturing n The Great Lakes Towing Company n Cleveland Construction n Midwest Global Distribution Centers n Total Quality Logistics n Nestle US
n Troyer Cheese n Vita-Mix Corporation n Crosscountry Mortgage n Sedgwick Claims Management Services n Safeguard Properties n The Brewer-Garrett Compa
n Chesapeake Energy n Mansfield Plumbing Products n Hausenware n AllTech Medical Systems America n General Motors n IAC Huron n Fuserashi International Technolo
n Ramco Specialties n Daimler n Wiseco Piston Company n The Step 2 Company n L&W Cleveland n GrafTech International Holdings n Cleveland Range n Norlake Manufacturi
Company n The Step 2 Company n Technibus n The Apex Paper Box Company n FedEx Freight n Willmar International n Libbey Inc. n Toledo Molding & Die n Piston Automoti
n Toledo Molding & Die n Toledo Molding & Die n Owens-Illinois n Maumee Assembly & Stamping n Taylor Made Glass n Decko Products n Geo-Tech Polymers n CGI Technologi
and Solutions n Rosebud Mining Company n Fanatics n H & H Screening and Graphics East n Jefferson County Commissioners n Michelman n Jet Machine n Turner Constructi
Company n Axiom Consulting n Corbus n Seapine Software n Koch Foods n Integra LifeSciences n Eurofins QTA n Schaerer Mayfield USA n mDynamik n Southern A
n Honeymoon Paper Products n Makino n Cincinnati Test Systemd n Wilmer Cutler Pickering Hale and Dorr n Peerless Technologies n BOI Solutions n Sugar Creek Packi
n Jack’s Aquarium & Pets n Aptalis Pharmatech n Crown Equipment n Wingate Packaging n Coldwater Machine Company n Crayex Corporation n Production Control Uni
n Mace Security International n MSC Industrial Supply n Menlo Logistics Inc. n Total Quality Logistics n e-Cycle n Sedgwick Claims Management Services n Vision Servi
Plan n DSW Shoe Warehouse, INC. n Ascena Retail Group, Inc. n Sarnova, Inc. n Stanley Electric US n Niagara Bottling n Parker Hannifin n Elton Manufacturing n The Gre
Lakes Towing Company n Cleveland Construction n Midwest Global Distribution Centers n Total Quality Logistics n Nestle USA n Troyer Cheese n Vita-Mix Corporati
n Crosscountry Mortgage n Sedgwick Claims Management Services n Safeguard Properties n The Brewer-Garrett Company n Chesapeake Energy n Mansfield Plumbi
Products n Hausenware n AllTech Medical Systems America n General Motors n IAC Huron n Fuserashi International Technology n Ramco Specialties n Daimler n Wise
Piston Company n The Step 2 Company n L&W Cleveland n GrafTech International Holdings n Cleveland Range n Norlake Manufacturing Company n The Step 2 Compa
n Technibus n The Apex Paper Box Company n FedEx Freight n Willmar International n Libbey Inc. n Toledo Molding & Die n Piston Automotive n Toledo Molding & Die n Tole
Molding & Die n Owens-Illinois n Maumee Assembly & Stamping n Taylor Made Glass n Decko Products n Geo-Tech Polymers n CGI Technologies and Solutions n Roseb
Mining Company n Fanatics n H & H Screening and Graphics East n Jefferson County Commissioners n Michelman n Jet Machine n Turner Construction Company n Axio
Consulting n Corbus n Seapine Software n Koch Foods n Integra LifeSciences n Eurofins QTA n Schaerer Mayfield USA n mDynamik n Southern Air n Honeymoon Pap
Products n Makino n Cincinnati Test Systemd n Wilmer Cutler Pickering Hale and Dorr n Peerless Technologies n BOI Solutions n Sugar Creek Packing n Jack’s Aquarium
Pets n Aptalis Pharmatech n Crown Equipment n Wingate Packaging n Coldwater Machine Company n Crayex Corporation n Production Control Units n Mace Securi
International n MSC Industrial Supply n Menlo Logistics Inc. n Total Quality Logistics n e-Cycle n Sedgwick Claims Management Services n Vision Service Plan n DSW Sh
Warehouse, INC. n Ascena Retail Group, Inc. n Sarnova, Inc. n Stanley Electric US n Niagara Bottling n Parker Hannifin n Elton Manufacturing n The Great Lakes Towi
Company n Cleveland Construction n Midwest Global Distribution Centers n Total Quality Logistics n Nestle USA n Troyer Cheese n Vita-Mix Corporation n Crosscount
Mortgage n Sedgwick Claims Management Services n Safeguard Properties n The Brewer-Garrett Company n Chesapeake Energy n Mansfield Plumbing Products n Hausenwa
n AllTech Medical Systems
n General
n IAC Huron
n Fuserashi
AmericaQ3
Internationalpartners
Technology n successfully
Ramco Specialties n worked
Daimler n Wiseco
During
2012,Motors
JobsOhio
and
its statewide
withPiston Company n The St
n
Q3•2012
Quarterly Report
87 companies that committed to create or retain 22,105 jobs for Ohioans.
Ohio Economic Overview
Ohio’s economic climate remains steady
With 112,600 jobs created in the state since January 2011, Ohio continues to see steady
growth in that area while experiencing its lowest unemployment rate since 2008.
Unemployment Update
January 2011
September 2012
Creator In U.s.
#4 Job
over the past 12 months
112,600
Jobs created
since January 2011
Unemployment Decreased in
9.0% Unemployment
7.0% Unemployment
ALL 88 Counties
since January 2011
Unemployment Rate by County
n 0 – 5%
n 5 – 8%
n 8 – 12%
n 12 – 15%
n 15 – 20%
The job of getting people back to work continues
Ohio’s unemployment rate tells only part of the story. While this rate has improved, the size
of the labor force has decreased and there are still 165,200 fewer jobs than four years ago.
September
2008
September
20121
Change
Labor Force 5,945,377 5,758,558
(186,819)
Unemployed 417,458 405,884 (11,574)
Ohio
Unemployment Rate Employment/Jobs2
7.0% 7.0%
5,342,400 5,177,200
Sources: U.S. Bureau of Labor Statistics, Ohio Department of Job & Family Services
1 Preliminary data
2 Represents nonagricultural wage and salary jobs
(165,200)
Jobsohio q3 update
Job creation and capital investment continued to grow in Q3
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
third quarter represent job creation and capital investment commitments to be completed in the next three years.
With its state and regional partners, JobsOhio assisted 87 companies to create or retain 22,105 jobs, totaling
more than $1.1 billion in annual payroll. These projects also represent $1 billion of total capital investment by
these 87 companies. The state’s three-year return on investment (ROI) is estimated at $25 million.
Q3 2012 Results
22,105
total Jobs
committed Q3
1.0 Billion
$
capital investment
committed Q3
Total # of Projects 87
New Jobs (committed)
5,788
New Jobs Payroll (committed)
$228 million
Retained Jobs (committed)
16,317
Retained Jobs Payroll (committed)
$853 million
Total Jobs (including retained)
22,105
Total Jobs Payroll (including retained)
$1.1 billion
Capital Investment by Companies (committed) $1.0 billion
ROI Year 1 Total $2.2 million
ROI Year 3 Total $25 million
ROI Year 10 Total $131 million
ROI Positive Year 1 (77 out of 87)
55,340
Q3
2011
3.9 Billion
$
capital investment
committed YTD 2012
Quarter
(calendar year) 6787
total Jobs
committed YTD 2012
Q3 2012
Total # of
Projects 88.5%
YTD
2011
YTD
2012
186
234
New Jobs
5,2765,788
14,403 15,980
(committed)
Total Jobs
15,45222,105
(including retained) 46,276 55,340
$1.1 B $892 M
Total Jobs Payroll
(including retained)
$2.7 B
$2.8 B
$923 M
$1.0 B
Capital Investment (committed)
$2.5 B
$3.9 B
Jobsohio q3 update
Q3 company commitments span Ohio’s diverse industries
KEY
Q3 Capital Investment (IN MILLIONS)
Q3 New JOBS by Industry
nAdvanced Manufacturing
nAerospace and Aviation
nAutomotive
nBiohealth
nConsumer Products
nEnergy
nFinancial Services
nFood Processing
and Agribusiness
nInformation Technology and Services
nPolymers and Chemicals
582
$14
$6
1,253
160
$95
$194
$125
589
Total
150
5,788
521
$1.0 B
509
$296
$242
714
72
Total
$10
$15
218
nOther
$4
1,020
$24
Total
4,626
Breakout of new jobs
788
Of the jobs committed in the third
quarter, 4,626 were created through
expansion projects by existing Ohio
companies and 1,162 were created
through attraction of new companies
to Ohio.
3,838
Total
1,162
25
1,137
Expansion
KEY
nNo Incentives
Assisted, but received no
state financial incentives
nIncentives
Received state financial
incentives
Attraction
YTD 2012 PROJECT COUNT
BY COUNTRY OF ORIGIN
In the first three quarters
of this year, 12 percent of
the 234 projects were of
international origin.
Columbia—1
France—1
Japan—10
Switzerland—3
Canada—3
United Kingdom—2
Austria—1
Belgium—1
Brazil—1
China—1
Germany—1
India—1
Israel—1
Italy—1
Jobsohio q3 update
Sales funnel
The sales funnel represents the pipeline of potential deals that JobsOhio and its state and regional partners
are working on to create job growth and capital investment in Ohio. Having this tool allows us to analyze
data, view trends, and develop strategies.
Deal Velocity Q3
Active projects by stage
40 Days
Leads
350
45,796 Jobs
$3.1 billion capital investment
Negotiations
138
39 Days
25 Days
21 Days
125 Days
Average
Velocity
25,605 Jobs
$1.5 billion
capital investment
35,147 Jobs
Offers
69
$928 million capital investment
Applications
21
5,246 Jobs
$540 million
capital investment
Lead JobsOhio engages with companies on projects that were previously prospects
Negotiation JobsOhio begins structuring a proposal for the project
Offer Company receives commitment letter outlining the project details
Application Company begins the formal process to finalize the project
selected q3 projects
Significant job and capital investment commitments were made in every region and across all industries in Ohio during Q3.
Company
Region
Jobs Created
Capital Investment
Expansion/
New Location Industry
Southwest
390 $42.7 million
Expansion
Southeast
270 $44.2 million
New Location
Consumer Products
Central
250
$55.8 million
New Location
Logistics
Central
240 $1.6 million
New Location
Financial Services
Central
225 $72 million
Expansion Northeast
176
$4.1 million
Consolidation
Advanced Manufacturing
Southeast
150
$503,060
New Location
Information Services and Software
Southwest
150
$3.2 million
New Location
Aerospace and Aviation
Northwest
150 $15.3 million
Expansion
Automotive
Western
89 $22.6 million
Expansion
Food Sciences and Agriculture
Central
73
$49.9 million
New Location
Advanced Manufacturing
Southwest
45
$9.6 million
Expansion
Polymers and Chemicals
Southeast
45
$11.7 million
New Location
Energy
Western
35 $19 million
Consolidation
BioHealth
Northeast
—
$200 million
Retention
Sugar
Creek
Food Sciences and Agriculture
Consumer Products
Automotive
Summary of Q3 results
• 5,788 new jobs committed to be created with $228 million in annual payroll
• 16,317 retained jobs representing $853 million in payroll
• 22,105 jobs combined with $1.1 billion in payroll
• $1.0 billion in new capital investment by companies
Visit our website at Jobs-Ohio.com to learn more.
JobsOhio | 41 S. High Street, Suite 1500 | Columbus, OH 43215
(614) 224-6446 | contact@jobs-ohio.com
Data subject to adjustments based on final commitments.
© 2011-2012 JobsOhio. All rights reserved.