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A general presentation on economic development in Fayette County, Georgia given to the Encore Fayette group on February 12, 2009

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Page 1: Encore Presentation
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FCDA Board Positions

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FCDA Organization Breakdown

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MarketingFayettega.org Newsletter

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MarketingAdvertisements Prospect Travel

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Project ManagementSite Selection Building Selection

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ResearchDemographics Existing Industry Data

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Why Do We Recruit Business?

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Why Do We Recruit Business?increases the quality of life for the citizens

allows people to live and work in the same community

corporations give back to the community

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How Do We RecruitAllies & Partners

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How Do We RecruitAllies & PartnersConsultants & Brokers

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How Do We RecruitAllies & PartnersConsultants & BrokersDirect to CompaniesNewslettersAdvertising & Events

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Who Do We RecruitHeadquarters

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Who Do We RecruitHeadquartersClean Manufacturing & Assembly

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Who Do We RecruitHeadquartersClean Manufacturing & AssemblyAviation Related Industry

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Who Do We RecruitHeadquartersClean Manufacturing & AssemblyAviation Related IndustrySmall Business & EntrepreneursLight WarehousingMedical (growth segment)

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Activity Over the Last 3 Years

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LocationFayette County is 199 square miles and contains the five incorporatedCommunities of Brooks, Fayetteville, Peachtree City, Tyrone, andWoolsey. Fayette is part of the Atlanta Metropolitan Statistical Area and enjoysclose proximity to Interstates 75, 85, 20, and 285, state highways 54, 74, 85, 92, 279, and 379, and Atlanta’s Hartsfield-Jackson International Airport. Hartsfield-Jackson is about a 25 minute drive north of Fayette County and the heart of Atlanta’s cultural, shopping and dining pleasures is only a few miles further.

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PopulationMany people call Fayette County home, and that number continues to increase.

Source: Demographics Now

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Source: Demographics Now 2008

Age BreakdownAge Breakdown

Population (con’t)

0-4 years………………..5,1725-14 years……………..13,85115-24 years……………17,57825-34 years……………12,15735-44 years……………14,14145-54 years……………19,20455-64 years……………15,36165-74 years……………..7,26475-84 years……………..3,56985+ years…………….….1,314

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Employment

0.00%1.00%2.00%3.00%4.00%5.00%6.00%

Fayette

State

Source: Demographics Now 2008

Major EmployersMajor Employers

Panasonic…………….1,100Piedmont Fayette………930Cooper Lighting…...……650NCR….…...……………..550Hoshizaki America……..425Global Aero Logistics.....275Alenco, Inc………………221TDK Components….......210APAC-Georgia………….200Dolce Atlanta-P’Tree…...198

Unemployment RateUnemployment Rate

Source: Georgia DOL September 2006 Source: Fayette County Development Authority 2008

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The Fayette County School System is both locally and nationally renowned for its cutting edge academic programs that prepare students for the 21st Century world. With many of its schools receiving the Georgia School of Excellence designation as well as two having been named National Blue Ribbon Schools, it is no wonder that students in the system consistently outperform their counterparts across the state and nation as reflected on standardized test scores and academic competitions.

Fayette County Education 2006-2007Fayette County Education 2006-2007

Source: Fayette County Board of Education

Education

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College Fayetteville Peachtree City Tyrone

Clayton State University (Fayette) 7 miles 0 miles 3 miles

Griffin Technical College 18 miles 18 miles 31 miles

Clayton State University (Morrow) 10 miles 20 miles 15 miles

Georgia Institute of Technology 38 miles 42 miles 37 miles

Emory University 45 miles 49 miles 43 miles

Georgia State University 32 miles 36 miles 31 miles

West Georgia University 46 miles 36 miles 30 miles

Gordon College 35 miles 43 miles 50 miles

University of Georgia 96 miles 105 miles 97 miles

Fayette County GraduatesFayette County Graduates

Source: Georgia Department of Education Report Card

Distance to Nearest Colleges & UniversitiesDistance to Nearest Colleges & Universities

Education, cont.

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TransportationFayette County is only 25 miles to Atlanta’s Hartsfield-Jackson International Airport,the world’s busiest with more than 2,000 daily flights across the globe. Over 80% of the continental U.S. population is less than two hours away by air. In addition, Hartsfield-Jackson International Airport handles 900,000 tons of cargo each year.

Interstate SystemInterstate System

Air TransportationAir Transportation

Rail LinesRail Lines

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Business ClimateINCENTIVES

The Fayette County Development Authority will assist companies in locating sites, buildings, and other professional services plus help them in contacting any necessary state agencies for permitting and other needs. For information about other local incentives, please contact the FCDA office.

TAXES

Source: Fayette County Tax Commissioner 2007

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Quality of LifeFayette County is a special community with an inviting environment that continues to flourish & prosper. It has an idyllic lifestyle close enough to the big city of Atlanta and the city’s attractions to be interesting but also just outside enough to make it possible to raise children, know neighbors and participate in schools, government, and community. Health CarePiedmont Fayette Hospital (PFH) is a 106-bed, not-for profit, acute care community hospital that opened in 1997 as the first new metro-Atlanta hospital in 14 years. In 2006, PFH completed an expansion that nearly doubled the size of the hospital to

© 2006/Rion Rizzo/Creative Sources Photography, Inc.

over 320,000 sq. ft. which includes the first Maternity Center offering obstetric services in Fayette County. PFH offers a full range of health services, including medical and surgical, critical care, cardiopulmonary, outpatient surgery, physical therapy and rehabilitation, laboratory and comprehensive outpatient services. A 24-hour on-campus Emergency Department with an FAA-approved helipad serves the emergency medical needs of the community.

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Quality of Life cont.Public SafetyOne of the major elements of “quality of life” is public safety and Fayette County takes a back seat to no one in this category. Fayette County has by far the lowest incident of crimes against people and crimes against property in the metro-Atlanta region. Additionally, the city of Peachtree City traditionally has either the lowest or next to the lowest crime rate of any city in America with populations of 20,000 and greater!

you will find a profusion of recreation centers and other facilities that offer soccer, baseball, softball, golf, tennis, gymnastics, health clubs, and swimming opportunities. As well, there are many opportunities for seniors, environmental, civic, business, support groups, veterans, religious, and arts activities.

RecreationAs you might expect with Fayette County’s unusually high quality of life factors, the level of community recreational amenities exists in great numbers. Countywide,

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Consumer Data

Cost of Living IndexCost of Living Index

Source: Georgia County Guide 2007

Source: Georgia County Guide 2007

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Consumer Data cont.Housing StatisticsHousing Statistics

Source: Atlanta Journal-Constitution

Source: Georgia County Guide 2007

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Georgia Foreign Trade ZoneThe Foreign Trade Zone allows overseas companies establishing themselves to secure cost advantages not generally available internationally. The FTZ offers a full spectrum of services designed to facilitate and expedite the movement of goods. Of particular benefit is the ability of the FTZ to help businesses manage duty and tariff costs. Because of its high tariff rates, the foreign trade zone is particularly useful to the international shipping of alcohol.

Services include:• Storage of import / export goods without full customs or government taxes and formalities;• Duty-free inventory management, control, distribution and manufacturing and• US Customs clearance and USDA services available.

For more information, please visit www.georgiaftz.com

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The GoodOver the last three years, FCDA has

announced the creation of 1400 new positions in Fayette county.Sany America – 600 Jobs over 10 yearsNCR – 600 jobs over 3 yearsOther New Companies - FieldTurf, Dixie

Aerospace. Expansions by Existing Companies – Hella,

Aventure Aviation, Rinnai,

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The GoodEmployed Fayette County Residents at the highest number ever, hitting 54,000 employed in July 2008

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The Good In 2008, the predominant household income category in

Fayette County is $100K - $150K, and the income group that is least represented is $0 - $15K. The average HHI is $90,608 and the median HHI is $89,115.

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The BadLong standing companies announce plans for

layoffsPanasonic plans to layoff 500 people in 2009Corporate parents of other local companies

announce plans for system-wide layoffs. Local effects unknown. Cooper Industries, Gardner Denver

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The Downright UglyUnemployed Fayette County Residents at the

highest number ever, hitting 3,200 in November 2008.

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The Downright Ugly0%0%

15%

4%

9%

12%

2%

1%6%6%

14%

0%

6%

1%

8%

1%

6%8%

Ag/For/Fish/Hunt

Mining

Construction

Manufacturing

Wholesale Trade

Retail Trade

Trans. & WH

Information

Fin. & Insurance

RE/ Rental/ Leasing

Pro. Sci. & Tech.

Mangement Company

Admin. & Waste Srvs.

Ed & Training

Health

Art, Ent., & Rec.

Accom. & Food

Other

Industry Sector Breakdown

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The Downright UglyFrom a high of 1,710 units in 1987 to a low of 143

units in 2008 (as of October). In 2007, there were 355 units built.

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The Downright UglyFrom 2005 to 2008, the total value of SFH

permitted in Fayette County went from $214mm to $42mm, a loss of over 80% of value.

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The Downright UglyOn the bright side, we are now home to the most

expensive new average single family home price in Georgia.

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To learn more about the business opportunities in To learn more about the business opportunities in Fayette County, contact the Fayette County Development Fayette County, contact the Fayette County Development Authority. We can help you with:Authority. We can help you with:• Available site and building informationAvailable site and building information• Comprehensive demographic informationComprehensive demographic information• Labor statisticsLabor statistics• Community toursCommunity tours• Customized state incentive proposalsCustomized state incentive proposals• Groundbreaking ceremony coordinationGroundbreaking ceremony coordination

Matt Forshee, President/CEOMatt Forshee, President/[email protected]@fayettega.org

PH: 770-461-5253 PH: 770-461-5253 • FX: 770-460-0259• FX: 770-460-0259www.fayettega.orgwww.fayettega.org

To learn more about the business opportunities in To learn more about the business opportunities in Fayette County, contact the Fayette County Development Fayette County, contact the Fayette County Development Authority. We can help you with:Authority. We can help you with:• Available site and building informationAvailable site and building information• Comprehensive demographic informationComprehensive demographic information• Labor statisticsLabor statistics• Community toursCommunity tours• Customized state incentive proposalsCustomized state incentive proposals• Groundbreaking ceremony coordinationGroundbreaking ceremony coordination

Matt Forshee, President/CEOMatt Forshee, President/[email protected]@fayettega.org

PH: 770-461-5253 PH: 770-461-5253 • FX: 770-460-0259• FX: 770-460-0259www.fayettega.orgwww.fayettega.org

200 Courthouse SquareFayetteville, GA 30214