mem - cdg: in perfect alignment
TRANSCRIPT
Bienvenue á MemphisPresentation Title:
“MEM – CDG: In Perfect Alignment”Presented by: Mark Herbison
Senior VP, Economic DevelopmentGreater Memphis Chamber
Monday, 29 March 2010
Meeting Objectives1) Launch a collaborative relationship between the
two Aerotropoli2) Share the MEM experiences & plans with our
friends from CDG3) Learn more about the CDG development and
organizations involved4) Foster the development of mutual business
opportunities in both CDG and MEM.5) Have some FUN Memphis style.
Monday’s AgendaMorning (0830 – 1200)-
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Afternoon (1200 – 1700)-
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Evening (1845 – 2030)-
MEM - CDG“In Perfect Alignment”
Presented byMark HerbisonSenior V.P., Economic DevelopmentGreater Memphis Chamber
• Metro of 1.2 million• Largest city in Tennessee• 22nd - largest city in the U.S.• 2nd - largest city in the Southeast• Hardwood lumber capital of the world • Largest spot cotton trading market in the
world
Leading Urban Area
World Class Companies• 3 Fortune 500 world
headquarters• World HQ for FedEx –
one of Fortune’s “Most Admired” American Companies
• 4 Black Enterprise 100
Memphis, Tennessee
Shelby County, Tennessee
Memphis Metro Area
• Home of the Blues• Birth Place of Rock n’ Roll• Museums• Arts• Sports• Confucius Institute
Culture and Entertainment Mecca
Memphis Economy• Transportation and Logistics• Manufacturing• Life Science
• International Trade
America’s Aerotropolis
• World’s busiest cargo airport for 18 consecutive years
• 3rd largest rail center in the U.S.• 4th largest inland port• 3rd-busiest trucking corridor in
the U.S• Largest share of logistics
workers in the US
Memphis International AirportPassenger Operations
• Delta Airlines Hub
• 36th busiest passenger airport
• 9.9M passengers in 2009• 11th overall in U.S. for 2010 North
America Airport Satisfaction Study * As of March 2010
Cargo Operations• World’s busiest cargo
airport for since1992• Shipped 3.6 million
metric tons in 2009• 9 all-cargo airlines
Memphis International Airport
Memphis International Airport2009 Local Economic Impact
-Created $28.6 billion in goods and serviceo
o
- 220,000 jobs created and sustained- 1 in 3 jobs linked to the Airport
* Based on the 2009 Airport Economic Impact Study
Memphis International Charles De Gaulle
2009 of Passenger Traffic 9,882,153 57,884,954 # of Commercial Airlines 26 158# of Cargo Airlines 9 162008 Cargo Tonnage 3,695,438 2,280,050Distance to Downtown 10 miles / 16km 16 miles / 25 km
Memphis International Airport v. Charles De Gaulle Int’l Airport
• Employs 238,000 workers worldwide
• World HQ and SuperHub in Memphis
• #68 on the Fortune 500
The FedEx Effect
Power of LocationHere are some companies that relocated to Memphis to take advantage of FedEx:
Road• 400+ trucking companies operate in
Memphis• Service to all 48 contiguous states as well as
Canada and Mexico.• Access to 4 major U.S. interstates• Access to 6 U.S. Highways
2006 Tons by Truck, Memphis, Tennessee
Rail
Railroad
CapitalInvestment(2005-2009)
Total Annual Lift Capacity
Burlington Northern Santa Fe $200,000,000 1,000,000Norfolk Southern $129,000,000 450,000CSX Transportation $25,000,000 200,000Canadian National $130,000,000 200,000Union Pacific $70,000,000 370,000
Totals $554,000,000 2,220,000
• 5 Class I Railroads • 8 Intermodal Facilities
River• 2nd-largest inland port on the Mississippi River • 4th-largest inland port in the U.S.• 18 million tons of cargo annually• Largest still water harbor on the Mississippi River
Manufacturing• There are a total of 1,017 manufacturing
companies in the Memphis MSA• Area major manufacturers include:
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• Financial / Tax Incentives
• 2nd-largest orthopedic device manufacturing center in the U.S.
• Home to St. Jude Children’s Research Hospital• $450M Biotech Research Park currently under
construction• 4 Medical Schools
Medical & Bioscience Center
International Trade Country # of firms# of
EmployeesFrance 6 3,617U.K. 24 3,165Japan 17 2,603Canada 12 2,103Netherlands 16 734Germany 15 535Mexico 7 240Italy 3 168Ireland 3 116China 1 100Sweden 3 91South Korea 6 34Australia 6 69Totals 119 13,575
Source: TN Department of Economic & Community Development
• In 2008, 11M tons of freight in goods originated or terminated in Memphis-
Represents days in transit#
Local WorkforceWorkforce Availability• 617,700 workers in the MSA• 2008 annual Unemployment Rate is 6.7%• Higher Education
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Questions?Mark Herbison
Senior Vice President,Economic Development
Greater Memphis Chamberp/ 901.543.3541 | f/ 901.543.3510