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 Inc. 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 Total Quality Logistics, LLC Valtronic Technologies (USA) Inc. Victoria’s Secret Vox Mobile, LLC WEST TROY TOOL MACHINE, 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 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 Masters Intl. Inc. Nestle Usa, Inc. Newell Rubbermaid OmniSource Corporation Oxford Consulti Group, Inc. Patented Acquisition Corporation Paycor, Inc. Pickaway Progress Partnership Plasticolors, Inc. Preformed Line Products PSA Airlines, Inc. R. Industries, 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 Total 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 Solutions 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 RESOURCES 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 Inc. 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 Group 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 Total 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 Inc. 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 Inc. 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 Total Quality Logistics, LLC Valtronic Technologies (USA) Inc. Victoria’s Secret Vox Mobile, LLC WEST TROY TOOL MACHINE, 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 2012,Beauty, JobsOhio and its statewide partners successfully worked with Inc. BareQ2 Escentuals Inc. BrandMuscle, Inc. CADRE COMPUTER RESOURCES CO. CareSource Management Group Company City of Ke Development AutotoolDuring Closed Loop Refining & Recovery Corbus, LLC Delaware Art.com, Inc. Discover Financial Services, Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fatho 77 companies thatFoodcommitted to create or retain 15,904 for Company Ohioans.Hadsell Chemical Processing L International LLC Safety Net Services Garner Transportation Group, Inc jobs H.B. Fuller SEO, LLC Federal Supply Services 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
Q2\2012 QUARTERLY REPORT
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 2008. 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 10.6%
11
9.8%
10 8 7
9.1%
Ohio U.S.
9
9.7%
9.4%
8.2%
9.0%
7.2%
6.1%
6 5 4
5.3%
3
Jan 2005
Jan 2010
Nov Jan 2010 2011
June 2012
Since Jan. 2011, the improvement in Ohio’s unemployment rate (1.8 percentage points) is double the U.S. improvement (0.9 percentage points).
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
+43,400 JOBS 7.7% Unemployment
Unemployment Decreased in
ALL 88 COUNTIES
+56,600 JOBS 7.2% Unemployment
111,300 JOBS CREATED
since January 2011
Source: U.S. Bureau of Labor Statistics
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.
Q2 2012 RESULTS Total # of Projects
77
New Jobs (committed)
4,666
New Jobs Payroll (committed)
11,238
Retained Jobs Payroll (committed)
$507 million
Total Jobs (including retained)
15,904
Total Jobs Payroll (including retained)
Consultant 25
$712 million
Jobs at Risk (out of retained)
Retention & Expansion Contact 19
Direct from Company 29
2,767
Capital Investment (committed)
$863 million
ROI Year 1 Total
$6 million
ROI Year 3 Total
$31 million
ROI Year 10 Total
$142 million
ROI Positive Year 3 (68 out of 77)
PROJECT COUNT More than a third of the projects in Q2 were sourced directly from companies.
88%
Q2 2011
Q2 2012
First Half 2011
First Half 2012
61
77
119
147
New Jobs (committed)
5,490
4,666
9,127
10,192
Total Jobs (including retained)
16,136
15,904
30,824
33,235
Total Jobs Payroll (including retained)
$1.0 B
$712 M
$1.8 B
$1.7 B
Capital Investment (committed)
$697 M
$863 M
$1.6 B
$2.9 B
Total # of Projects
Referral 4
$205 million
Retained Jobs (committed)
Quarter (calendar year)
Q2 PROJECT COUNT BY LEAD SOURCE
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.
JOBSOHIO Q2 UPDATE
Q2 Company Commitments Span Ohio’s Diverse Industries KEY
Q2 NEW JOBS BY INDUSTRY
Advanced Manufacturing Aerospace and Aviation Automotive Biohealth Consumer Products Energy Financial Services Food Processing and Agribusiness Information Technology and Services Polymers and Chemicals
535
Q2 CAPITAL INVESTMENT (IN MILLIONS)
648
$18 14
237
$20
$41
$137
$88
$1 $25
276
Total
325
4,666
834
$99
$37
Total
$863 M
$47
507 $350
368
Other
312
INCENTIVES VS. NO INCENTIVES
610
JOBS CREATED & RETAINED BY TYPE
$863 M Total $118 M
4,666 Total
2,520 247 Total 2,767
RETENTION
$745 M
587
OF JOBS AT RISK
4,079
$205 M Total $16 M $189 M
3,034
587 Total 3,621
EXPANSION OF EXISTING COMPANIES
KEY
1,045
Incentives No Incentives New Jobs
New Payroll
New Capital Investment
ATTRACTION
OF NEW COMPANIES
ACTIVE PROJECTS BY STAGE
Sales Leads 274
39,148 JOBS
27,855 JOBS
$1.7 billion capital investment
22,094 JOBS $558 million capital investment
Deals in Negotiation 118 Offers of Incentives 40
Applications in Progress 19
$2.7 billion capital investment
4,599 JOBS $891 million capital investment
SELECTED Q2 PROJECTS
Significant job and capital investment commitments were made in every region and across all industries in Ohio during Q2. Company
Region
Jobs Created
Capital Investment
Expansion/ New Location
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
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
Western
14
$1 million
Expansion
Aerospace & Aviation
JobsOhio Network Partners
Industry
Food Processing & Agribusiness
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 43215 (614) 224-6446 | contact@jobs-ohio.com
Š 2011-2012 JobsOhio. All rights reserved.