Download - 2013 year in_review-
2013 Year in ReviewJoanna Helms – President, WCDA
February 27, 2014
2013 Year End Review
2013 Year End Review
2013 Year End Review
MARKETING
MARKETING EFFORTS
2013 Year End Review
Mount Olive Shell Building Microsite
MARKETING EFFORTS
2013 Year End Review
PLACEMENT:WINDOWS OF WAYNE
PRINT ADVERTISING
MARKETING EFFORTS
2013 Year End Review
PLACEMENT:MOUNT OLIVE TRIBUNENC Pickle Festival Edition
PRINT ADVERTISING
SOCIAL NETWORKING
2013 Year End Review
500+ Connections
206 Likes
500 Followers 1,859 Views
STRATEGIES
2013 Year End Review
BIO CONFERENCE
NORTH CAROLINA’S EASTERN REGION
NC DEPARTMENT OF COMMERCE
STRATEGIES
2013 Year End Review
MISSION TRIP TO TORONTO14 COMPANY TRIPS
LEAD GENERATED CONFERENCE CALLS20 CONFERENCE CALLS
PRODUCT DEVELOPMENT
2013 Year End Review
PRODUCT DEVELOPMENT COMMITTEE
2013 Year End Review
2013 Year End Review
WORKFORCE
NOTABLES
2013 Year End Review
WAYNE COUNTY NAMED FIRST CERTIFIED WORKREADY COMMUNITY
IN NORTH CAROLINA
NOTABLES
2013 Year End Review
Wayne County reached12,000 CRCs Awarded!
23.3% of labor force
2013 Year End Review
EVENTS
EVENTS
2013 Year End Review
Industry Leaders Luncheon – April 2013
Anna MangumSpecialist, E3 Program
Wayne County Chamber of CommerceHot Topic Forum – “Economic Development”
NOTABLES
2013 Year End Review
Dr. Mike WaldenEconomist, NC State University
INITIATIVES
2013 Year End Review
Executive RoundtableSPX Transformer Solutions
Wayne County Industry CelebrationGolf Tournament
EVENTS
2013 Year End Review
2013 Industry of the Year
Wayne County Industry CelebrationAwards & Reception
EVENTS
2013 Year End Review
Transformer Solutions
2013 Year End Review
NETWORKING
LOCAL PARTICIPATION
2013 Year End Review
• Wayne County Human Resources Association• Wayne County Brownfields Committee• WORKS Steering Committee• Wayne County Chamber of Commerce• Leadership of Wayne County Board of Regents• Military Affairs Committee• Wayne County Transportation Committee
STATE & REGIONAL PARTICIPATION
2013 Year End Review
• North Carolina’s Eastern Region–NCER State of the Region– Economic Developers Advisory Group
• North Carolina Economic Developers Association–NCEDA Annual Conference–Legislative Reception
• Neuse River Development Authority –Board of Directors
• Biotech in ENC Advisory Committee
2012 Year End Review
NOTABLES
H.F. Lee Plant Dedication – April 2013
NOTABLES
2013 Year End Review
NOTABLES
2013 Year End Review
Brownfields Annual Conference
NOTABLES
2013 Year End Review
Wage & Fringe SurveyCapital Associated Industries
• 60% participation locally• 5 regional partners
2013 Year End Review
RECRUITMENT
RESPONSIVENESS
2013 Year End Review
Inquiries/RFI
43Client Visits
16
ANNOUNCEMENTS
2013 Year End Review
ACX Pacific Northwest
38 Jobs$4.7 Million Investment
2013 Year End Review
RETENTION
ACTIONS
2013 Year End Review
Projects/Issues Addressed17
Companies Visited53
Contacts126
EXPANSIONS
2013 Year End Review
$1 MILLION INVESTMENT
29 JOBS ANNOUNCED
$9 MILLION INVESTMENT
20 JOBS ANNOUNCED
EXPANSIONS
2013 Year End Review
$4.1 MILLION INVESTMENT
77,000 SF production/warehouse space
EXPANSIONS
2013 Year End Review
Jobs655
Investment$44.8 MILLION
Companies33
EXPANSION
20131Year End Review
CLOSURES
2013 Year End Review
GODWIN DOOR
Announced Total Jobs Lost = 10
2013 Year End Review
2013 SUMMARY
New Investment - $44,762,000
Net New Job – 655
Jobs Lost – 10
Jobs Created – 665
2012 SUMMARY
2013 Year End Review
UNEMPLOYMENT
2013 Year End Review
Unemployment Rate
2012- 9.02013 – 7.0
$251,000Received
73 Investors
2013 SUMMARY $
$$$$$$$$$
2013 Year End Review
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
100.00%
Impact Wayne
Sponsorship
Farm Rent
Option Payment
› Impact Wayne
› Sponsorship
› Farm Rent
› Option Payment
2013 Year End Review
2013 Special Account DepositsTOTAL $271,683
Impact Wayne92.39%
Spon
sors
hip
- .22
%Fa
rm R
ent-
2.31
%O
ptio
n Pa
ymen
t - 5
.08
%
2013 Special Account ExpendituresTOTAL $175,922.97
2013 Year End Review
WCIC Expenses
Product Development
Marketing
Contracted Services
Special Initiatives & Admin
Impact Wayne Campaign
SJAFB
Project Assistance
Wayne Co. Tax Collector
0% 5% 10% 15% 20% 25% 30% 35% 40%
7%
9%
36%
3%
6%
6%
2%
29%
2%
2013 Special Checking Account Summary
Beginning Balance
$411,862
Deposits$271,683
Expenditures(175,922)
Ending Balance$507,622
2013 Year End Review
2013 Special Account Total Bank Assets
Special Account(Checking)$507,622
Special Account(Savings)$86,613
Special Account(CDs)
167,483
Total Assets$761,718
2013 Year End Review
Mid Plan Assessment
2013 Year End Review
• Favorable Feedback• Most Investors “Very Satisfied”• Continue Communication• Stay the Course
2013 Year End Review
2014 FORECASTING
3
245
COMPANIES
JOBS
EXPANSIONS
2013 Year End Review
2
50-60
COMPANIES
JOBS
ANNOUNCEMENTS
2013 Year End Review
ACME 40 jobs
Eaton, Bussman Division
CLOSINGS
2013 Year End Review
123 Jobs
EXTERNAL MARKETING CAMPAIGN
2013 Year End Review
EXTERNAL MARKETING CAMPAIGN with 310 LTD
2014 marketing efforts will focus on lead generation follow up
Targeted Outreach
Follow up on 25 identified new prospects
Geographic Mission
10 F2F meetings with pre-screened, qualified leads
Strategic Plan YR 4 (2014)• Product Development
• Education & Workforce Development• External Marketing & Recruitment
• Retention & Expansion• SJAFB
• Investor Relations & Development
2013 Year End Review
2013 Year End Review