Since 2005 Georgetown County has experienced a total of $390,100,000 capital investment and more than 522 new jobs have been created!

Source: SC Department of Commerce

Unemployment Data

• For 2010 Georgetown County had an average unemployment rate of 12.5%

• Currently our rate is 12.1% • 4,520 people seeking work• SC rate is 10.7% • 273,175 seeking work in our state• US rate is 10%

Source: SC Employment Security Commission

Ally Relationships• SC Department of Commerce• Northeastern Strategic Alliance (NESA)• Santee Cooper• Santee Electric Cooperative• SC Power Team• Georgetown County Econ Dev Alliance• SCANA• Georgetown County Water & Sewer• Port of Georgetown• City of Georgetown• MeadWestvaco• Georgetown County Chamber of Commerce• Horry Georgetown Technical College• Georgetown County School District• Legislative Delegation

Tourism• Tourism Management Commission• Georgetown County Chamber • Georgetown Business Association• Bridge2Bridge Plan• Pawleys Island Litchfield Business Association

(PILBA) • Leading industry

Small Business• SC Department of Commerce• Georgetown County Chamber of Commerce • Small Business Administration• SC Small Business Chamber of Commerce• SCORE• SC Launch• SCBOS

Existing Industry• Conduct existing industry visitation program• Address issues or concerns to promote quality

business environment• Workforce Investment Board• Employment Security Commission• Waccamaw Regional COG• SC Department of Commerce

Port of Georgetown• Our port serves as South Carolina’s dedicated break-

bulk facility for goods not in metal containers such as salt, cement, limestone, wire, aluminum, and forest products

• Work is underway to secure dredge funding to help us maintain a 27 ft draft

• Companies are waiting to use the Port of Georgetown• Dredging could bring up to 250 jobs and $7.6 million in

new household income • Georgetown County Economic Development Alliance

study on the Port of Georgetown

Prospect Activity• We saw a decline in activity during 2009• Currently we are working with several projects

that are very promising• One project we have has the potential to create

more than 100 jobs• SC Department of Commerce is working very

hard for Georgetown and has sent us some high quality projects

Marketing Efforts• SC Department of Commerce• NESA• Santee Cooper• SC Power Team• Target Sectors: Aviation, Metalworking, Wood

Products, Lifestyle/Creative Class• Consultants• Trade Show Participation

Georgetown County Business Center

• Speculative building nearly complete• MeadWestvaco partnership• Landscaping for the park• Pad Ready Site • Park completely certified by SC Department of

Commerce

Boeing History• William Boeing founded company in 1910

in a Seattle shipyard• Vought selects North Charleston in 2004

to construct portions of the Boeing 787 • 2006 Vought held grand opening for its

343,000 square foot facility to manufacture the 787 Dreamliner fuselage

Boeing History• 2007 Boeing’s Dreamlifter delivers

fuselage to Washington for assembly• 2009 Boeing purchases Vought Aircraft’s

entire operations for $1 billion in July• 2009 Boeing announces in October that

North Charleston will be the site of its second assembly line for the 787

Project Details• Boeing plans to create over 3,800 jobs

resulting from this project at this plant• Assembly plant is located in North

Charleston adjacent to the Charleston International Airport

• Construction is currently underway. Site has been permitted

Plane Assembly• Currently parts of the 787 fuselage section

are delivered for assembly from Italy and Japan

• Components of the 787 fuselage are delivered to Charleston for assembly.

• This new project will enable the entire plane to be assembled in Charleston and not just the fuselage

Local Opportunities• Boeing spends over $4 billion with

suppliers in Washington state• Their exports account for nearly 2/3 of

total exports from the state of Washington• Boeing’s facility in Everett, Washington is

one of the world’s largest buildings with doors the size of a football field

Vendor Meetings• Boeing general contractors held an

informational meeting for subcontractors in December

• County staff notified local companies about this meeting

• BE&K and Turner Construction are committed to providing opportunities for local contractors

Boeing Meetings

• SC Department of Commerce will be helping to coordinate meetings

• NESA will be working with member counties to schedule meetings

• County will participate with SC Department of Commerce and NESA on Boeing supplier meetings

County Strategy• Step 1: Introductory Letter • Step 2: Local Vendor Notification• Step 3: Boeing Contractor Discussion• Step 4: Develop marketing piece that will be

used to follow up with Boeing suppliers• Step 5: Collaboration with NESA and the SC Department of Commerce• Step 6: Accompany NESA and the SC Department of Commerce on marketing Trips• Step 7: Notification of Boeing meetings for local companies in Georgetown

Local Collaboration

• Summary of all meetings and marketing trips will be provided

• Purpose to help promote local companies in Georgetown County

• Notification of opportunities for businesses in our area will be provided to them

• Collaborative effort focused on creating jobs here in our community

Moving Forward• County staff will continue to notify local

companies of all Boeing meetings • Updates will be provided to local businesses to

keep them up to speed • Collaboration with NESA and SC Department of

Commerce• We will make the most of this tremendous

opportunity presented by the Boeing project

Since 2005 Georgetown County has experienced a total of $390,100,000 capital investment and more than 522 new jobs have been created!

Source: SC Department of Commerce