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In 2012, the Bluegrass Business Development Partnership affected 1,602 New Jobs With average wages of $46,515 $207,258,158 in Capital Investment.

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Presentation on theme: "In 2012, the Bluegrass Business Development Partnership affected 1,602 New Jobs With average wages of $46,515 $207,258,158 in Capital Investment."— Presentation transcript:

1 In 2012, the Bluegrass Business Development Partnership affected 1,602 New Jobs With average wages of $46,515 $207,258,158 in Capital Investment

2 GoalActual Project Leads 130131 Existing Business Visits 150 Site Visits 2541 Economic Development Goals for 2012 Project Leads

3 Industry Breakdown of Announced Locations

4 250 New Jobs $60,000 AVG Wage $22,589,098 Investment

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6 15 New Jobs $52,000 AVG Wage $897,800 Investment

7 94 New Jobs $27,400 AVG Wage $1,880,000 Investment

8 20 New Jobs $69,014 AVG Wage $1,567,942 Investment

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10 18 New Jobs $94,000 AVG Wage $375,000 Investment TRITON CONTAINER

11 10 New Jobs $69,500 AVG Wage $200,000 Investment

12 30 New Jobs $72,800 AVG Wage $1,890,000 Investment

13 Grand Opening

14 $20,000,000 Investment

15 550 New Jobs $32,531 AVG Wage $20,700,000 Investment

16 7 New Jobs $49,000 AVG Wage

17 Grand Opening

18 86 New Jobs $65,000 AVG Wage $31,900,000 Investment

19 25 New Jobs $42,500 AVG Wage $250,000 Investment

20 150 New Jobs $45,011 AVG Wage $8,000,000 Investment

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22 23 New Jobs $27,000 AVG Wage $2,492,040 Investment

23 50 New Jobs $40,000 AVG Wage $10,000,000 Investment

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25 65 New Jobs $35,000 AVG Wage $10,000,000 Investment

26 14 New Jobs $53,206 AVG Wage $1,631,000 Investment

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28 182 New Jobs $65,651 AVG Wage $69,858,852 Investment

29 Five Small Business Innovative Research Companies choose to locate in Lexington! These companies created 50 new jobs with an average wage of $69,000! Biomedical Development Corporation TeleHealth Holdings, LLC Minerva Systems & Technologies Invenio Therapeutics Innovative Energy Solutions

30 SBIR Companies Announcement

31 New & Expanding Businesses January – December 2012 CompanyInvestmentAnnounced Jobs Average Wage SMC LLC$1,880,00094$27,400 Triton Container International$375,00018$94,000 Lexmark International$20,000,000 KD Analytical Consulting$897,80015$52,000 CirrusMio, Inc.$200,00010$69,500 Toyota Motor Manufacturing$31,900,00086$65,000 Amazon.com$20,700,000550$32,531 Big Ass Fans$8,000,000150$45,011

32 New & Expanding Businesses January – December 2012 CompanyInvestmentAnnounced Jobs Average Wage Xact Communications$1,567,94220$69,014 PremierTox$250,00025$42,500 Nitto Denko$2,492,04023$27,000 Bingham McCutchen$22,589,098250$60,000 Birtley$10,000,00050$40,000 Allylix Inc.$1,631,00014$53,206 Webasto Roof Systems$10,009,42665$35,000

33 New & Expanding Businesses January – December 2012 CompanyInvestmentAnnounced Jobs Average Wage Biomedical Development Corporation $450,0006$52,000 TeleHealth Holdings, LLC$2,455,00035$72,800 Minerva Systems & Technologies $525,0002$120,000 Invenio Therapeutics Inc.$1,200,0003$60,000 Innovative Energy Solutions$277,0004$43,000 Lexington Venture Club$69,858,852182$65,651

34 Bluegrass Rankings BEST CITIES FOR FINDING A JOB Forbes, 2011 MID-SIZE COMMUNITY Fourth Economy, 2011

35 Bluegrass Rankings LOW COST MANUFACTURING CENTER Business Facilities, 2010 BEST CITY IN TERMS OF BUSINESS COSTS Alternatives, 2012

36 Bluegrass Rankings BEST PLACE FOR BUSINESS AND CAREERS Forbes, 2011 MOST EDUCATED WORKFORCE Business Facilities, 2008

37 Bluegrass Rankings Business Facilities, 2010 Expansion Management, 2007 Fayette County Public Schools received this distinction for the second year in a row as one of the top third of schools nationwide

38 Bluegrass Rankings for Recent College Grads and Young Professionals Who’s Your City by Richard Florida BEST CITY FOR RELOCATING FAMILIES Worldwide ERC & Primacy Relocation, 2008

39 Bluegrass Rankings BEST CITIES FOR FAMILIES Parenting, 2010 QUALITY OF LIFE METRO Business Facilities, 2010

40 Bluegrass Rankings Communities For Young People America’s Promise Alliance, 2010 BEST CITIES FOR EDUCATION Parenting, 2010

41 Bluegrass Rankings BEST CITY TO RAISE A FAMILY Children’s Health, 2008 BEST CITY TO LIVE IN WORLDWIDE Mercer Consulting, 2006

42 Bluegrass Rankings City of the Future FDi Intelligence, 2011 PERCENT OF POPULATION WITH AN ADVANCED DEGREE Census Bureau, 2011 ACS

43 Bluegrass Rankings COLLEGE SPORTS TOWN Forbes, 2009 BEST VALUE CITY Kiplinger, 2011

44 Bluegrass Rankings COLLEGES AND UNIVERSITIES within 40 miles of Lexington PERCENT OF POPULATION WITH A BACHELOR’S DEGREE US Census Bureau, 2011 ACS

45 Bluegrass Rankings TOP HOTSPOT FOR YOUNG, TALENTED WORKERS NextCities, 2009 BEST PLACES TO RETIRE CNNMoney, 2010

46 Bluegrass Rankings STUDENTS ENROLLED WITHIN 40 MILES OF LEXINGTON ANNUAL GRADUATES IN THE BLUEGRASS

47 Bluegrass Rankings BEST MID-SIZE PLACE TO START A SMALL BUSINESS CNNMoney, 2009 CITY FOR SALARY VALUE Salary.com, 2008

48 Bluegrass Rankings GREENEST CITY Popular Science, 2008 BEST AFFORDABLE PLACE TO RETIRE Women’s Health, 2009

49 Bluegrass Rankings AMERICA’S 50 BEST CITIES BusinessWeek, 2012 TOP METRO FOR ECOMONIC DEVELOPMENT Site Selection, 2012

50 Bluegrass Rankings Places To Live The Simple Life AARP Magazine, 2009 of a Lifetime, America; National Geographic Traveler, 2001

51 Testimonials “We're at work in Lexington building a Great American City. Here you can experience a place unlike any in America...a charming City steeped in history, with a vigorous business, arts, and educational community. Wrapped by a rural landscape that's been named a world monument, Lexington is breaking new ground as a center for inventive and creative thinking in every dimension. When you visit us, you'll want to stay. I promise. That's when we'll wink, smile, and say, "We told you so … it always happens!" -Jim Gray Mayor, Lexington

52 Testimonials “Lexington enjoys a great quality of life, as well as a robust economy. Our region has the components, such as an educated workforce, low cost of doing business, and business friendly community to create an ideal environment for businesses to grow and prosper.” -Bob Quick, President & CEO of Commerce Lexington Inc.

53 Testimonials “Tempur-Pedic is proud to be a part of the dynamic business environment that is Lexington, Kentucky. We couldn’t be more pleased that our success is driving expansion into a new facility, creating new job opportunities right here in the heart of the Bluegrass.” -Mark Sarvary, CEO of Tempur-Pedic International

54 Testimonials “In addition to the strong business opportunity presented, we found in Lexington an inviting community and a shared sense of values, which we believe our people will embrace. We look forward to being part of the Lexington community. Based on our experience with local and state officials, as well as business and academic leaders there, we are confident that Lexington will be a great fit for Bingham” -L. Tracee Whitley, COO of Bingham McCutchen LLP

55 Testimonials "Lexmark has been headquartered in Lexington since 1991, and we are proud to call it home. Lexington's educated workforce and the wide array of colleges and universities in the region continue to be vital to our success as an innovative, dynamic global technology company. The quality of life and ease of doing business here make Lexington second to none." -Jeri Isbell, Vice President, Human Resources of Lexmark International and 2012 chairman of Commerce Lexington Inc.

56 Testimonials “A Great American Brand is happy to be bringing A&W Restaurants back home to Lexington,” said Kevin Bazner, CEO for A Great American Brand LLC. “Our executive team evaluated several other cities for the headquarters, but the support offered by Commerce Lexington’s economic development team, the city of Lexington, and the Kentucky Cabinet for Economic Development brought Lexington to the top of the list. We’re proud that Lexington will be home to our global headquarter operations.” -Kevin Bazner, CEO for A Great American Brand LLC


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