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{ ThinkSmart: 8ZZi\[`kXk`fe } The UNC Charlotte MBA program was the first in the region to be honored with the prestigious distinction of accreditation by AACSB International, the hallmark of excellence in management education. AACSB International accreditation represents the highest standard of achievement for business schools worldwide. Only about one-third of U.S. institutions hold this ultimate citation for excellence. For a list of accredited business schools, visit: www.aacsb.edu/accreditation.

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{ InvestSmart: MXcl\ } The UNC Charlotte MBA program costs less than $20,000 for North Carolina residents and offers tremendous economic value. According to U.S. News and World Report, the average student-loan debt for MBA students totaled: Duke University .....$78,000 Wake Forest............$50,000 UNC Charlotte .... $3,230

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The City of Concord is both a New South city, providing the modern amenities businesses RD CO need to compete in today's global marketplace, N CO and a city with a rich and colorful history. A city that has always been, and still is, a city of families. Concord is a place for starting a family and growing a business. It's a place that says, welcome home each day, and at its core is the serenity and timeliness of a place whose roots reach deep into the rich, southern soils of North Carolina. RE

! Concord Regional Airport — caters to private and corporate jets owners, as well as helicopters and prop-driven aircraft. Adjacent to conveniently located business properties and industrial parks. ! Development Incentives — offered to small and large businesses interested in relocating to Concord. ! NorthEast Medical Center — offers advanced technology and compassionate care. Home to the Jeff Gordon Children’s Hospital. ! Quality Schools — where children consistently test above the state average and where they obtain the skills to achieve their dreams. ! Motorsports — Concord is second to none in the number and variety of motor sports businesses and attractions including NASCAR R&D, Roush, Hendrick, Ganassi and Lowe’s Motor Speedway. RO

Concord is a great place for your company to call home.

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Find out what the City of Concord can do for your business: UB

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Charlotte Regional Economic Development Guide 2006

OMM UNICAT IONS

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t a b l e o f c o nt e nt s

PUBLISHER’S INTRODUCTION .....................15 CRP PRESIDENT’S LETTER .............................1 6 REGIONAL OVERVIEW ....................................17 GLOBAL PRESENCE Global Map ..........................................................18 If The Carolinas Were a Country ........................19 International Companies Choose CharlotteUSA ..... 20 Top Countries with Foreign-Owned Firms ........... 21 Largest Foreign-Owned Firms ............................. 21

Unionization Activity .......................................... 29 Work Force Statistics .......................................... 29 Employment by Industry..................................... 29 Employment in Industries ................................... 31 Top 10 Pro-Business States ................................. 31 Top 10 States for Business Climate ................... 31 Average Weekly Wage by Industry ................... 31

TARGETED INDUSTRY CLUSTERS ............... 32 RESEARCH & DEVELOPMENT North Carolina Research Campus ...................... 34 Charlotte Research Institute .............................. 35

HUMAN RESOURCES ACCESSIBILITY Strategic Location Map ...................................... 22 Largest Freight Trucking Companies ................ 25 Flight/Driving Times ............................................. 25 Regional Airports ............................................... 25

BUSINESS STRENGTH Top 25 Largest Regional Employers .................. 28

Number of Households ...................................... 36 Population ........................................................... 36 Work Force Education ........................................ 36 Regional Colleges and Universities ................... 37 Population by Age ........................................................ 37 Projected % Change in Population Growth ........... 37 Median Household Income ................................ 37

Taxes and Incentives ........................................... 28

QUALITY OF LIFE “Top 5” Local Arts Agencies .......................... 38

12

ChooseCharlotteUSA

www.charlotteUSA.com


2007

CHARLOTTE REGIONAL ECONOMIC DEVELOPMENT GUIDE Cabarrus, N.C. ..................................................... 60 Catawba, N.C. ..................................................... 62 Chester, S.C. ........................................................ 64 Chesterfield, S.C. ................................................ 66 Cleveland, N.C. ................................................... 68 Gaston, N.C. ........................................................ 70 Iredell, N.C. ......................................................... 72 Lancaster, S.C. ..................................................... 74 Lincoln, N.C. ........................................................ 76

Household Income ......................................... 39

Mecklenburg, N.C. .............................................. 78

Per Capita Income ......................................... 39 Per Capita Income Trends ............................. 39 Cost of Living ................................................. 39 Major Tourist Attractions .............................. 40

CENTER CITY CHARLOTTE Digital Skyscraper Map ................................. 42 Rowan, N.C. ........................................................ 80 Stanly, N.C. .......................................................... 82 Union, N.C. .......................................................... 84 York, S.C. ............................................................. 86

CHARLOTTE REGIONAL PARTNERSHIP INFORMATION

CHARLOTTEUSA AT A GLANCE

CharlotteUSA Economic Development Contacts ....................................... 88

Corridors of Commerce Map .............................. 52

Charlotte Regional Partnership Information .................................... 90

CharlotteUSA Leakage/Surplus Factor ....................................... 54

Regional Economic Development Partners ....................................... 91

CharlotteUSA Corridors of Commerce ....................................................... 54 CharlotteUSA Community™ Tapestry™ ....................................... 54 CharlotteUSA Population Change ............................................ 54 Regional Map ...................................................... 55

CHARLOTTEUSA COUNTY PROFILES Alexander, N.C. ................................................... 56 Anson, N.C. ......................................................... 58

Charlotte Regional Economic Development Guide 2007

GUIDE TO ESRI TAPESTRY MAPS .............. 92 CHOOSE CHARLOTTEUSA CONTENT PROVIDERS .................................... 94 13


PUBLISHER’S INTRODUCTION

CHARLOTTE REGIONAL ECONOMIC DEVELOPMENT GUIDE 2007 PUBLISHER John Paul Galles jgalles@greatercharlottebiz.com ASSOCIATE PUBLISHER/EDITOR Maryl A. Lane maryl.a.lane@greatercharlottebiz.com ASSISTANT EDITOR Janet Kropinak jkropinak@greatercharlottebiz.com CREATIVE DIRECTOR Joanna L. Davis jdavis@greatercharlottebiz.com GRAPHIC DESIGNER Michele E. Warren INTERN Julie von Sternberg CONTRIBUTING WRITER Ellison Clary ACCOUNT EXECUTIVES Bill Lee info@greatercharlottebiz.com Sandy Rosenfeld sronsenfeld@greatercharlottebiz.com Mimi Zelman mzelman@greatercharlottebiz.com CONTENT PROVIDERS Charlotte Regional Partnership Environmental Systems Research Institute, Inc. (ESRI) Charlotte Chamber of Commerce Charlotte Center City Partners LITTLE Diversified Architectural Consulting, Inc. Choose CharlotteUSA: Charlotte Regional Economic Development Guide is published annually by Galles Communications Group, Inc., publisher of the monthly b2b magazine Greater Charlotte Biz, at 5601 Seventy-Seven Center Drive, Suite 250, Charlotte, N.C. 282170736 • 704-676-5850 Phone • 704-676-5853 Fax • www.greatercharlottebiz.com. Editorial or advertising inquiries, please call or fax at the numbers above or e-mail: info@greatercharlottebiz.com. Subscription inquiries or change of address, please call or fax at the numbers above or visit our Web site: www.greatercharlottebiz.com. All contents © 2007, Galles Communications Group, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited. The Charlotte Regional Economic Development Guide is distributed directly and through the Charlotte Regional Partnership and local economic development agencies to over 25,000 businesses and executives engaged in recruiting or relocating businesses to the Charlotte region. Content including statistics and photography has been provided by our partners: the Charlotte Regional Partnership, ESRI, the Charlotte Chamber of Commerce, Charlotte Center City Partners, LITTLE Diversified Architectural Consulting, Inc. and by the 16 counties for the county profiles, unless otherwise noted. While the information contained herein has been obtained from sources believed to be reliable, Galles Communications Group, Inc. makes no warranty to the accuracy or reliability of this information. The views expressed herein are not necessarily those of Galles Communications Group, Inc. or Greater Charlotte Biz. Products named in these pages are trade names or trademarks of their respective companies. Choose CharlotteUSA 2007 is an annual publication of Galles Communications Group, Inc., 5601 77 Center Dr., Ste. 250, Charlotte, NC 28217-0736. Telephone: 704-6765850. Fax: 704-676-5853. Issues available at $14.95 plus $4.95 postage and handling. Quantity and educational discounts available. POSTMASTER: Send address changes to Galles Communications Group, Inc.; 5601 77 Center Dr., Ste. 250; Charlotte, N.C. 28217-0736.

A Shining City ‘The shining city upon the hill.’ The phrase first came from John Winthrop, an early Pilgrim and freedom man, who wrote it to describe the America he imagined. He journeyed here on what today we’d call a little wooden boat; and like other Pilgrims, he was looking for a home that would be free. Whenever President Ronald Reagan made reference to America as “a shining city on a hill,” he encouraged community leaders across this nation to build on his vision for economic growth. Known as the great communicator, his words certainly inspired leaders in the Charlotte region. “A shining city upon the hill” is surely exemplified in our 16-county region known as CharlotteUSA. It was in Reagan’s farewell address to the nation on January 11, 1989, that he added his own clarity to those words. “I’ve spoken of the shining city all my political life, but I don’t know if I ever quite communicated what I saw when I said it. But in my mind it was a tall proud city built on rocks stronger than oceans, wind-swept, God-blessed, and teeming with people of all kinds living in harmony and peace, a city with free ports that hummed with commerce and creativity, and if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That’s how I saw it and see it still.” Community leaders have been building this region and preparing it for greatness for many years. From Mayor Stan Brookshire to John Belk to Harvey Gantt to Pat McCrory, we have witnessed thoughtful and forward-thinking leadership. From insightful private sector leaders like Bill Lee, Hugh McColl, Ed Crutchfield, John Crosland, Russell Robinson and Smoky Bissell, we have been privileged to learn as they set the stage for the unprecedented investments and remarkable economic growth we are experiencing. We are so pleased to publish the fourth annual Choose CharlotteUSA 2007. Working with the Charlotte Regional Partnership and the economic developers from the 16 counties in this region, we are proud to provide you with this regional economic development guide. We have also been assisted by ESRI, the Charlotte Chamber of Commerce, Charlotte Center City Partners and LITTLE Diversified Architectural Consulting, Inc. in displaying the Charlotte region as truly attractive to expanding and relocating businesses in compelling fashion. Choose CharlotteUSA 2007 demonstrates that the 16-county Charlotte region is an important location within the global marketplace, well beyond the Southeast region of the United States, incredibly well situated to provide convenient access to markets around the world. First and foremost, CharlotteUSA is accessible. Our airports, roads, railways and proximity to ports provide a strategic platform for conducting business in any direction and at any distance. Second, the business strength of this region offers more resources and support than business might find elsewhere. Our financial institutions, our educational systems, our health care facilities, our research and development parks and even our YMCA’s are among the finest across the globe. Third, the Charlotte region offers human resources that are ready, willing and able to contribute to business growth and development. With the assistance of our community colleges, universities and continuing education programs, these workers are valuable and anxious to contribute to businesses’ economic success. Fourth, the quality of life in this region is stunning. From the Carolina blue skies full of sunshine to the Blue Ridge Mountains and the sandy shores of the Carolina beaches, our residents can live and play near their work. With professional football, basketball, baseball and NASCAR racing, our area offers the very finest in sports entertainment. We even have some of the very best golf courses in the nation right behind our homes. Even our Center City sparkles with beautiful new office buildings and high-rise residences and an abundance of restaurants and parks. We would like to welcome you and your business to “our shining city on a hill” the region known as CharlotteUSA. Give us a call. Let us know how we can be helpful to you as you start-up, expand or relocate in the Charlotte region. Don’t miss a day of opportunity in our great location. We’d like to help you get started to meet the world!

Charlotte Regional Economic Development Guide 2007

John P. Galles, Publisher Galles Communications Group, Inc., Greater Charlotte Biz 15


CRP PRESIDENT’S LETTER

Times Are Good in the Charlotte Region Economic development competitors marvel at the Charlotte region’s progress. However, those familiar with Charlotte know our triumph did not come easy. Our success is the result of careful and committed planning to make the region a great place to live and work. North Carolina and South Carolina virtually recreated their economies. Through innovative training programs, the work force shifted from one with high numbers of textiles and low-tech manufacturing workers to one with more skilled workers who perform highly technical jobs. Existing strengths, such as financial services, have gotten even stronger. Both Bank of America and Wachovia have committed to expanding their presence in Charlotte. Light rail service is ready to begin this year. And, a new entertainment and cultural district is being planned to attract people uptown. Our outlying counties also have a lot to brag about. After many tries, the gargantuan smoke stack—the final remains of the former Pillowtex facility—was torn down last fall and progress has accelerated for the North Carolina Research Campus in Kannapolis.The Core Laboratory for this biotechnology campus, which will focus on nutrition, will open this fall.

16

Cleveland County announced Indian motorcycles and Chris Craft boats would relocate there, bringing 800 jobs. Chester County landed the southeast manufacturing operations for Poly-America and will gain 400 jobs as a result. The list goes on and on. The Charlotte Regional Partnership has been busy recruiting U.S. companies and we’ve knocked on the doors of companies in Europe and Asia as well. Many foreign companies are aware of Charlotte’s international business success and are interested in visiting here to learn more.This year, we anticipate hosting groups of international business leaders from around the globe interested in establishing a U.S. presence. The Charlotte Regional Partnership will continue to work to attract business to our region.We also will address strategic issues that could impact our business development efforts. It’s easy to rest during times of prosperity, but we must be mindful to protect our resources and plan wisely so the Charlotte region can continue to be a great place to live and work. We continue to learn and improve to ensure these good times are not just a stretch of good luck, but a reformation that has not yet reached its peak. Ronnie L. Bryant, CEcD, FM President and CEO Charlotte Regional Partnership

ChooseCharlotteUSA

www.charlotteUSA.com


Start Your Engines...

R E G I O N A L O V E RV I E W

How fast is growth in the greater Charlotte region? You might clock it close to 200 miles per hour, the speed NASCAR drivers approach as they thunder through racetrack straight-aways. Construction on the $154.5 million NASCAR Hall of Fame in Center City Charlotte is rolling at almost that pace. Its checkered flag looms in late 2009. The shrine to the home-grown sport is among many high profile projects under construction or planned. Urban mixed-use projects such as the $275 million EpiCentre, with offices, entertainment, dining, a condo tower and a hotel within a block of The Square, at Trade and Tryon Streets are popping up at pit crew speed. Even before they are completed, their developers contemplate more mixed-use complexes. Not surprisingly, even Donald Trump harbors designs to develop an entire block on Tryon Street, Charlotte’s main drag. Joining these grandiose projects are literally a score of other high-rise towers for offices, condos or a mix of both.

The 16-county Charlotte region boasts enormous projects, too, including the 350-acre North Carolina Research Campus that billionaire David Murdock is building in cooperation with municipal and county governments. On the site of a former textile plant in Kannapolis, it’s about 25 miles from Charlotte. With one million square feet of laboratory space, it will eventually house more than 100 biotech companies. Seven North Carolina-based institutions of higher learning plan a presence on the campus. One of those schools, The University of North Carolina at Charlotte, has developed its own Charlotte Research Institute. The region continues to hone its image as a premiere financial center. Behemoths Bank of America and Wachovia plan 30plus and 40-plus mixed-use towers, respectively, in Center City Charlotte. Wachovia’s will be part of a First Street Cultural Campus that includes three museums and a theater. Nearby, new banks spring up repeatedly to serve the burgeoning economic growth in the multiple counties that surround Lake Norman, a recreational haven where the bulk of NASCAR teams operate their racing shops. Speeding full circle from racing to research, from finance to the arts, and from recreation to sports business, residents of greater Charlotte pride themselves on attention to the practical as well as the glitz. The region remains youthful in its economic development. Leaders agree there’s plenty of room for those who want to compete in an amazing race to prosperity.

Charlotte Regional Economic Development Guide 2007

17


GLOBAL PRESENCE

“The Charlotte region is the best-kept secret in the world when it comes to most favorable places to live, work and grow a business.” -Kal Kardous, President, Charlotte Copy Data

18

ChooseCharlotteUSA

www.charlotteUSA.com


GLOBAL PRESENCE

An International City

With Small-town Appeal

Not long ago, the Charlotte region could fly under the radar of most international city watchers. Not anymore. The region with deep business roots and a rich economic base strengthened by diverse industry is now a magnet that attracts foreign-owned companies and valuable employees. Charlotte is a multicultural metropolitan area that embraces diverse ideas, opinions, business operations and residents. Foreign-owned firms enrich our business community, cultural amenities and daily lives. In turn, Charlotte offers an environment that helps foreign-owned firms grow and makes foreign-born workers feel at home. Over 487 foreign-owned firms, representing 47 countries, provide jobs to nearly 26,000 workers in Charlotte-Mecklenburg County. Another 253 IF THE CAROLINAS WERE A If The Carolinas Were A foreign-owned firms operate in the 15-county metro region surrounding COUNTRY, IT WOULD RANK Country, It Would Rank As AS THE 17TH LARGEST Mecklenburg County. The 17th Largest Economy ECONOMY IN THE WORLD For foreign-owned firms in particular, the Charlotte region offers exceptional In The World air service, foreign trade zones, transparent government and business practices COUNTRY 2006 and numerous non-profit organizations that focus on international business, 1. United States $13,201,819 foreign policy and global culture. Charlotte-Mecklenburg is home for the hon2. Japan $4,340,133 orary consuls of Austria, Canada, France, Germany, Guatemala, Mexico, 3. Germany $2,906,681 Nicaragua, Switzerland, and the United Kingdom. International Accessibility Charlotte-Douglas International Airport offers extensive commuter and airfreight services to destinations around the globe. Home to US Airway’s largest hub, the airport offers non-stop service to 159 different cities, including Frankfurt, Munich, London, Montreal, Toronto and Mexico City as well as to Central America and Caribbean cities. Roughly 623 flights leave Charlotte daily. Charlotte ranks 28th nationwide in air cargo. More than 169,649 tons of cargo were enplaned in Charlotte in 2006. More than 400,000 square feet of warehouse space in the Charlotte Air Cargo Center offers quick proximity to runways, railways and interstate highways. The Charlotte region is at the heart of

a highway and railroad system that stretches across the Eastern and Southern United States. More than 40 percent of the nation’s top 100 trucking companies are located in Charlotte, ranking the city 11th in the country with 284 companies. The Charlotte region links to 23 states with two major rail systems, Norfolk Southern and CSX. Some 300 trains pass through Charlotte weekly. Pro-Business Climate Charlotte is one of the most businessfocused cities in the United States. For three years running, North Carolina claimed the top spot in Site Selection magazine’s listing of the best business climates in North America. The magazine ranked Charlotte 1st on its list of top 10 U.S. cities for foreign investment.

Charlotte Regional Economic Development Guide 2007

4. China

$2,668,071

5. United Kingdom

$2,345,015

6. France

$2,230,721

7. Italy

$1,844,749

8. Canada

$1,251,463

9. Spain

$1,223,988

10. Brazil

$1,067,962

11. Russian Federation

$986,940

12. India

$906,268

13. Korea, Rep.

$888,024

14. Mexico

$839,182

15. Australia

$768,178

16. Netherlands

$657,590

17. Carolinas

$523,739

18. Turkey

$402,710

19. Belgium

$392,001

20. Sweden

$379,758

Units: U.S. Dollars in millions Gross domestic product, current prices Sources: World Bank 2006, BEA 2006

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GLOBAL PRESENCE

INTERNATIONAL COMPANIES CHOOSE CHARLOTTEUSA • CharlotteUSA provides excellent access to the U.S. market from a central, strategically well-positioned location in one of the most important manufacturing regions of the United States.

• CharlotteUSA has superb infrastructure: • International airport with over 600 daily flights to 159 cities in the U.S. and abroad, including direct daily flights to Frankfurt, Munich, London, Toronto, Mexico City and 21 destinations in Central America and the Caribbean. • Excellent interstate highways and rail connections.

• CharlotteUSA has a highly productive work force. Only 3.1 percent of North Carolina workers belong to labor unions, the lowest unionization rate in the U.S.

The Queen City has such a pro-business environment that nearly 300 Fortune 500 companies have placed one or more facilities within Mecklenburg County. Foreign Direct Investment magazine recently ranked Charlotte 3rd among the North American Cities of the Future. In addition to being 3rd overall, Charlotte also ranked 1st in Best Economic Potential, 3rd in Best Development and Investment Promotion, 1st in Quality of Life, and 5th in Human Resources. More than half of the 1,274 manufacturing firms in Mecklenburg County are involved with importing or exporting goods. The Charlotte Foreign Trade Zone, which allows goods to be brought in from overseas duty-free and stored or manufactured into a product, is one of the largest in the state. The Charlotte chapter of the North Carolina World Trade Association, which promotes international trade, is one of the largest in the nation.

ed individuals from around the globe. Approximately 13 percent of Mecklenburg’s population was born outside of the United States. People like living here, and companies based in Charlotte successfully recruit highly talented individuals from around the world and all regions of the U.S. Emphasis on Education Charlotte’s future strength is in development today in schools across the region. The Charlotte-Mecklenburg

• CharlotteUSA has a company-customized training program that is subsidized by North Carolina and is nationally recognized as one of the best programs of its type in the country.

• CharlotteUSA has a remarkable, high quality of life that attracts both top managers and a highly skilled professional and manufacturing work force: • Beautiful countryside and neighborhoods between some of the best beaches on the East Coast and the Appalachians, the highest mountains in Eastern North America. • A rich offering of arts and culture. • Exceptionally pleasant climate: four distinct seasons and mild winters. • Below-average cost of living.

• CharlotteUSA is an internationally oriented city and region with numerous cultural, social and business organizations, a highly engaged foreign-owned business sector, and foreign language schools, all of which support a large and active expatriate community.

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Charlotte is also known for its banking powerhouses, namely Bank of America and Wachovia. These Charlotteheadquartered banks operate in 45 countries, including the financial capitals of Frankfurt, Hong Kong, London, Mexico City, Milan, Paris, Sao Paulo, Seoul, Singapore, Taipei and Tokyo. More banking resources are headquartered in Charlotte than in any other U.S. city except New York. High Quality of Life The Charlotte region’s high quality of life, below-average cost of living, worldclass arts and major league sports, as well as abundant opportunities attract talentChooseCharlotteUSA

www.charlotteUSA.com


GLOBAL PRESENCE

School (CMS) system alone supports and encourages cultural and foreign-language education and operates four language immersion schools for students who study German, French, Japanese or Spanish. More than 10,000 CMS students speak a foreign language, representing a total of 97 different languages and 152 countries of origin. Eight international schools also help students maintain language skills and cul-

TOP COUNTRIES WITH FOREIGN-OWNED FIRMS IN CHARLOTTEUSA 174 Germany

111 United Kingdom

81 Japan

69 Canada

44 France

42 Italy

41 Switzerland

31 Sweden

27 Netherlands

12 Australia

11 Mexico

10

tural identity while they are in Charlotte: a Japanese school, a German school, two Chinese schools, a Korean school, a Greek school, a Swedish School, and a Russian school. Many of the colleges and universities in the Carolinas are recognized for their excellence both nationally and internationally. The Charlotte area is a large community of educated individuals. We were recently ranked as America’s 6th most literate city based on the percentage of residents having a high school diploma or greater and the percentage of residents with a bachelor’s degree. _________________________________ The Charlotte Chamber of Commerce works to grow the economy; serve as a voice for local business and deliver value in order to ignite success for chamber members and for Charlotte. Recruits new businesses and retains and supports existing businesses to promote quality economic growth. Represents members’ interests in government and legislative issues.

Belgium

Source: Charlotte Regional Partnership and Charlotte Chamber of Commerce 2006

www.charlottechamber.com LARGEST FOREIGN-OWNED FIRMS COMPANY

PRODUCT

HQ

# EMPLOYEES

Freightliner LLC

Transport Equipment

Germany

7,129

Food Lion LLC

Retail Supermarkets

Belgium

7,000

Compass Group USA

Food/Vending Service

Great Britain

2,031

Springs Global US, INC

Textile Manufacturing

Brazil

1,500

Eckerd Drugs

Retail Pharmacy Chain

Canada

1,455

Maersk Sealand

Containerized Cargo Carrier

Denmark

1,000

Royal and Sun Alliance

Insurance Provider

Great Britain

1,000

US Foodservice Inc.

Food Distributor

Netherlands

800

Siemens Power Corporation

Electrical Product Manufacturer

Germany

800

AXA Equitable

Life Insurance

France

725

Securitas Security Services Inc.

Guard Services

Sweden

700

Securitas Systems

Security Installation

Sweden

700

Blythe Construction, Inc.

Road, Bridge, Utility Construction

France

650

Areva

Manufacturing and Nuclear Fuel

France

600

Clariant Corporation

Chemical Manufacturing

Switzerland

600

Schaeffler Group USA Inc.

Machinery Manufacturing

Germany

570

Hella Lighting Corp.

Auto Headlight Manufacturing

Germany

550

ASMO North Carolina, Inc.

Automotive Parts Manufacturing

Japan

545

Pass & Seymour Legrand

Fax & Barcode Ribbons

Japan

500

Source: Charlotte Regional Partnership and Charlotte Chamber of Commerce 2006

Charlotte Regional Economic Development Guide 2007

21


ACCESSIBILITY

LITTLE Diversified Architectural Consulting, Inc.

CharlotteUSA: strategic location

POPULATION COMPARISON WITHIN 650-MILE RADIUS CITY

% OF U.S. POPULATION

Charlotte . . . . . . . . . . . . . . . . . . . . .60% Atlanta . . . . . . . . . . . . . . . . . . . . . .44% New York . . . . . . . . . . . . . . . . . . . .40% Source: Charlotte Chamber of Commerce 2006

100m

250m

STRATEGIC LOCATION

650m

DISTANCES TO MAJOR PORTS PORT

MILES/KM

TIME

Charleston, S.C. . . . . . . . 208 mi/ 335 km . . . . 3.5 hours Morehead City, N.C. . . 316 mi/ 508 km . . . . 5.5 hours Savannah, Ga. . . . . . . . . 250 mi/ 402 km . . . . 4.0 hours Wilmington, N.C. . . . . . 196 mi/ 315 km. . . . 3.75 hours

• The area east of the Mississippi represents 29% of the contiguous land of the U.S., 59% of the population, 60% of all manufacturing establishments, and 65% of all manufacturing employment. • 50% of all exports come from the eastern U.S. • 35 of the nation’s 50 metropolitan markets with over one million in population are within these eastern states. • 31% of these markets lie within a 650-mile radius of Charlotte. • Charlotte business can reach 60% of U.S. population within two hours by air or 24 hours by truck. • Charlotte’s population in a 100-mile radius exceeds that of Birmingham, Jacksonville, Miami, Tampa, Memphis, Nashville, or Norfolk. • Charlotte is the only major distribution center midway between the Northeast, Midwest and Florida markets. • Charlotte is considered an inland port facility with quick access via rail or truck to regional sea ports: Charleston, Savannah, Wilmington, and Morehead City. Source: Charlotte Chamber of Commerce 2006

Source: MapQuest 2006

22

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www.charlotteUSA.com


ACCESSIBILITY

Central Location The Charlotte region is the 5th largest urban region of the United States following New York, Chicago, Los Angeles and Miami. It is the number one industrial hub in the Southeast, and the 6th largest wholesale center nationwide. It has over 6,000,000 people living within a 100-mile radius; over 60 percent of the nation’s population is within a two-hour flight or one-day drive.

trucking firms located here. Direct connections are provided to major eastern

Roughly equidistant from New York City and Miami, Charlotte is served by an excellent state and federal highway network, including major north-south and eastwest interstate arteries, as well as a modern, expanded international terminal. Ten major airlines offer direct and nonstop flights to over 125 cities for 28 million passengers annually making it the 18th nationwide in passengers, and over 180,000 tons of cargo are forwarded by over 20 cargo airlines to destinations worldwide. The Charlotte region is also the center of the country’s largest consolidated rail system. Two major rail systems, Norfolk Southern Railway and CSX Transportation, link 27,000 miles of rail between Charlotte and 22 eastern states. Each offers piggyback facilities combining with more than 450 Charlotte Regional Economic Development Guide 2007

seaboard ports – Charleston (the 2nd largest), Wilmington, Morehead City and Savannah. Strategic location: Centered at the intersection of two Native American trading paths (Trade and Tryon Streets), Charlotte’s location is more strategic than ever. More than 60 percent of U.S. population and more than 60 percent of its industrial base lies within a two-hour flight or a day’s motor freight delivery. This 650-mile radius is bordered by the major cities of New York, Chicago and Orlando. Trade center: Roughly equidistant from New York and Miami, CharlotteUSA is the 6th largest wholesale trade center in the United States.

CATS

Highway access: CharlotteUSA counts four interstate highways: I-40, I-77, I-85 and I-485. Not coincidentally, it is the 8th largest trucking center in the U.S., with more than 450 motor freight firms operating in the region, including the nation’s top 10. Air access: With more than 28 million passengers a year, Charlotte Douglas International Airport is the nation’s 6th largest major airline hub. Regional airports also serve the area. The airport boasts 600+ flight departures daily, more per capita than any other U.S. region. There is direct, non-stop service to more than 125 destinations, including Frankfurt, Munich, London, Toronto, Mexico and the Caribbean. Charlotte is no more than one plane change away from any major city worldwide. The full air-cargo service handles about 185,000 tons of cargo annually through 20 cargo airlines. 23


ACCESSIBILITY

Rail access: The Charlotte region is at the center of the country’s largest consolidated rail system. It is served by CSX and Norfolk Southern, which, between them, operate on more than 46,000 miles of track. Lancaster & Chester Railway based in Lancaster, S.C., and a number of other short lines connect the region to the points these two giants serve in the South, East, Midwest and Canada. More than 300 trains rumble through Charlotte weekly.

Port access: Rail connections to points on the Southeastern coast make Charlotte an inland port and the region is home to an inland intermodal terminal. The deep-sea ports of Charleston, S.C., Wilmington and Morehead City, N.C., and Savannah, Ga., are accessible via rail or truck within four hours. Time difference: CharlotteUSA is in the U.S. Eastern Time Zone. The time difference between Charlotte and the United Kingdom is minus 5 hours, compared to minus 8 hours between the U.K. and the west coast. Between Charlotte and mainland Europe, the time difference is minus 6 hours; it’s minus nine between mainland Europe and the west coast. Access to energy—electricity: Major electric service comes from Duke Energy, Progress Energy and Barnhardt Electric Company, as well as various regional cooperatives. Utility service is efficient, cost-competitive and reliable.

mercial and industrial rates are competitive. Access to water and waste water: The Catawba River and its reservoirs supply drinking water and hydroelectric power.

Access to technology and telecommunications: The Charlotte region enjoys a well-maintained service network and unsurpassed access to an extensive fiber optic network with digital switching capability. Also readily available are DSL technology, cost-efficient data transmission, and Integrated Services Digital

Access to energy —natural gas: Distributing natural gas to a 28-county area, Charlottebased Piedmont Natural Gas serves more than 350,000 customers. Its com24

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ACCESSIBILITY

LARGEST FREIGHT TRUCKING COMPANIES COMPANY

AREA SERVED

CNF Inc.

50 states, Canada, Puerto Rico

Roadway Corp.

50 states, Canada, Puerto Rico, Mexico, Virgin Islands, Europe Pacific Rim, Latin American

Schneider National Inc.

48 states, Canada, Mexico

Yellow Corp.

50 states, parts of Canada, Pacific Rim, Puerto Rico, Mexico, Europe

USF Corp.

Central and Southeastern United States, Ontario, Quebec

Arkansas Best Corp.

50 states, Canada, Puerto Rico, Mexico, International

Overnite Transportation Co.

50 states, Canada, Puerto Rico, U.S. Virgin Islands, Guam

Watkins Motor Lines Inc.

41 states, Canada, Mexico, Puerto Rico

Estes Express Lines Inc.

50 states

Averitt Express Inc.

Global

Source: Reference USA 2006

FLIGHT/DRIVING TIMES From Charlotte to Designated Cities

Network and point-to-point services. AT&T (formerly BellSouth), Time Warner Cable and Sprint are primary telecommunications providers. The region is home to more than 50 cellular and mobile telephone firms, and more than 80 Internet companies.

CITY

MILES

DRIVING TIME

Atlanta, Ga.

243

3:57

FLIGHT TIME (HRS) 1:15

Charleston, S.C.

208

3:25

less than 1 hour

Chicago, Ill.

765

12:13

2:00

Memphis, Tenn.

620

9:22

1:40

New York, N.Y.

646

10:27

1:50

Orlando, Fla.

524

8:13

1:30

Washington, D.C.

400

6:24

1:15

Source: MapQuest 2006

Regional AIRPORTS Airports REGIONAL AIRPORT

# OF AIRCRAFT OPERATIONS PER DAY

Anson County

18

Cabarrus

Concord Regional

178

Catawba

Hickory Regional

125

Chester

Chester Municipal

30

Chesterfield

Cheraw Municipal

57

Chesterfield

Pageland

44

Shelby Municipal

53

Gaston

Gastonia Municipal

137

Iredell

Statesville Municipal

85

Lancaster County

68

Lincoln County

70

Rowan

Rowan County

85

Stanly

Albemarle/Stanly

85

Union

Monroe

151

Bryant Field

116

COUNTY Anson

Cleveland

Lancaster Lincoln

York

Source: Regional/Municipal Airports in CharlotteUSA 2006; www.airnav.com

Charlotte Regional Economic Development Guide 2007

25


Business Strength

BUSINESS STRENGTH

Epicenter of Economic Growth

Commerce is CharlotteUSA’s raison d’etre. Founded at a Native American trading crossroads, trading has been happening here longer than anyone knows. From the 1799 discovery of gold to today’s status as a major financial center, CharlotteUSA has always meant business–strong business. Commerce center: Charlotte is the epicenter for business and economic growth in the Carolinas. Together, the two states boast annual gross domestic product of almost $400 billion. Financial center: Charlotte is home to Bank of America and Wachovia, the nation’s 2nd and 4th largest banks, making it the 2nd largest financial center following New York. Banks in the region control more than $1 trillion in assets. Corporate headquarters: No less than 9 Fortune 500 companies are headquartered within the region and nearly 300 Fortune 500 companies maintain a presence. Large private firms include Compass Group North America and Belk Inc., each with annual sales topping $2.2 billion. CharlotteUSA is home 26

to 32 companies with more than $1 billion in annual sales. Business Facilities magazine ranks CharlotteUSA 3rd on its 2003 list of best cities for corporate headquarters.

services, manufacturing and construction. Employment is well distributed among major business sectors. This is invaluable in weathering a recession. Business friendly: The Charlotte area is 4th most attractive of 70 U.S. cities for business expansion or relocation, according to a 2005 listing by Expansion Management magazine compiled by site selection experts.

Economic growth: The CharlotteGastonia MSA is 1st in economic strength as listed by Policom Corporation in 2004. The CharlotteGastonia area led North Carolina on the Expansion Magazine 2006 list of America’s Hottest Cities for business relocation or expansion.

Start-up friendly: Entrepreneur magazine recognizes the area as the 2nd best city in the U.S. to start and grow a company (2005) among the nation’s best for starting and running a small business. The vast majority of firms employ 50 or fewer workers.

Balanced economy: The economy of CharlotteUSA is balanced. While the largest industry segment is wholesale trade, it is bolstered by

People friendly: The Charlotte region ranks 1st among 573 metropolitan statistical areas for social and economic integration in a 2004 Policom Corporation ranking.

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BUSINESS STRENGTH

Public-private cooperation: CharlotteUSA enjoys a long tradition of public-private cooperation. Leaders of government and industry work closely for the common good. Such cooperation helped transform Charlotte’s Center City, the heart of the 16-county area, from a business-centric 9-to-5 profile to a vibrant metropolis that bustles 24/7. People live, work and play in the region’s urban core. Cost-effective utilities: Duke Energy Corporation is headquartered in the region and its electricity rates are 15 percent below the national average. Other utilities such as Piedmont Natural Gas and AT&T (formerly BellSouth) and Alltel also provide cost-effective service. Flowing though the heart of CharlotteUSA, the Catawba River provides a plentiful supply of water that originates in mountain streams. Educated work force: The region’s work force is smart and educated, supported by an outstanding system of higher education. The region is home to 32 colleges and universities that serve more than 150,000 students. Central Piedmont Community College in Charlotte is the largest school in North Carolina’s community college system and The University of North Carolina at Charlotte, with an enrollment approaching 21,000, is the fourth largest in the 16-campus UNC system. Attracting young professionals: Charlotte MSA is among leading cities in attracting the young, professional and educated–a coveted demographic. A recent study by the Metro Atlanta Chamber of Commerce ranks Charlotte 2nd among 50 largest metropolitan areas, behind only Las Vegas, in this demo-

!"

“We chose CharlotteUSA as a location for 3D Systems because it gives us the best of all worlds. We're part of a thriving region with access to a great airport, collaboration across the borders of two states and a great place for employees to live and work." ~ Abe Reichental, President and Chief Executive Officer, 3D Systems

graphics’ growth rate 1990-2000, and 5th in its share of an area’s overall population. Nearly 17 percent of Charlotte-area residents are young professionals. Population growth: The median age of the estimated 80,000 newcomers, an amount larger than the total population of Asheville, who moved to the Charlotte region in 2005 is 29, compared

with 38 for non-newcomers (Census ACS 2005). The newcomers are more likely to be single, well-educated and more than twice as likely to work in the IT field as current residents. Foreign firm friendly: Charlotte is the top U.S. city in growth for foreign firms. Within the 16 counties of CharlotteUSA, nearly 750 foreign firms operate and employ almost 120,000. North Carolina and South Carolina are home to more than 1,800 foreign firms with a total

Charlotte Regional Economic Development Guide 2007

employment of 350,000. Eye on the future: The Charlotte Chamber has developed Advantage Carolina, a plan to foster business expansion while attracting new firms. This focus on the future ensures that the region will continue building its enviable business strength. Other notable recognition: • South Carolina 1st in Pollina Top 10 ProBusiness States • North Carolina 4th in Pollina Top 10 ProBusiness States • Charlotte 9th in Hottest Cities for Job Growth by Business 2.0 • Charlotte 6th in America’s Smartest Cities by Bizjournal • Charlotte 6th in Top Cities for African Americans by Black Enterprise magazine • Charlotte 2nd in Best Markets for Entrepreneurs in Entrepreneur magazine • Charlotte-Gastonia-Concord, NC-SC MSA 3rd in Policom Corporation’s Ten Strongest Metropolitan Areas list • Charlotte-Gastonia-Concord, NC-SC MSA 1st in Policom Corporation’s Economic Strength Rankings • Charlotte-Gastonia-Concord, NC-SC MSA designated a 5-Star Logistics Metro in Expansion Management magazine • North Carolina 4th in Top 10 States 27


BUSINESS STRENGTH

!"#

“The greater Charlotte region has enjoyed tremendous growth for all the right reasons. A constant focus on quality of life helps us attract and retain an extraordinarily talented pool of labor. Couple that with a pro-business attitude by both government and labor and you can understand why decision-makers choose this area to locate and grow their business.” ~ Ned Curran, President and Chief Executive Officer, The Bissell Companies

• Charlotte ranked 10th in Forbe’s America’s Most Wired Cities • North Carolina 4th in Most Popular State People Would Like to Live (apart from their own state) according to Harris Interactive Poll

with the best work force training programs • South Carolina 5th in Top 10 States with the best work force training programs in Expansion Management magazine

• Charlotte/Gastonia, N.C. 7th in Best Cities for Relocating Singles in Sperling’s Best Places • North Carolina 1st in Top State Business Climate Rankings in Site Selection magazine • South Carolina 10th in Top State Business Climate Rankings in Site Selection magazine • North Carolina 1st in Executive Survey of Business Climate Rankings in Site Selection magazine • South Carolina 5th in Executive Survey of Business Climate Rankings in Site Selection magazine TAXES & INCENTIVES North Carolina has job creation incentives per job within designated zones and addi-

TOP 25 LARGEST REGIONAL EMPLOYERS NAME

LOCAL EMPLOYEES

LOCAL FACILITIES

TYPE OF BUSINESS

Carolinas HealthCare System

21,429

142

Health Care

Wachovia Corp.

19,181

117

Financial Services

Bank of America Corp

13,000

NA

Financial Services

Delhaize America Inc./Food Lion LLC

8,658

NA

Retail Supermarkets

Wal-Mart Stores Inc.

8,140

NA

Discount Retailer

Duke Energy Corp.

8,000

NA

Energy

Presbyterian Healthcare/Novant Health Inc.

7,800

4

Health Care

Ruddick Corp.

7,000

59

Holding Co. for American & Efird Inc. & Harris Teeter Inc.

US Airways Group Inc.

5,681

NA

Airline

Lowe's Cos. Inc.

5,120

18

Retail, Home Improvement

Freightliner LLC

4,468

4

Truck Manufacturer

NorthEast Medical Center

4,300

26

Health Care

CaroMont Health

3,144

27

Health Care

Springs Industries Inc.

3,000

NA

Textile Manufacturer and Marketer

Compass Group North America

2,972

132

Contract Food Service, Vending and Restaurants

BellSouth Corp.

2,740

67

Telecommunications

Belk Inc.

2,700

18

Department Stores

Phillip Morris U.S.A.

2,600

1

Cigarette Manufacturer

Bi-Lo LLC

2,538

34

Retail Supermarkets

Family Dollar Stores, Inc.

2,203

122

Discount Retailer

TIAA-CREF

2,100

NA

Financial Services

Time Warner Cable

2,100

79

Cable, Digital Media

CommScope Inc.

2,000

5

Cable

International Business Machines Corp.

2,000

1

Computer Technology Sales & Solutions

Continental Tire North America Inc.

1,800

2

Tire Manufacturer

Source: Charlotte Business Journal Book of Lists 2006

28

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www.charlotteUSA.com


BUSINESS STRENGTH

tional tax credits scales to degree of development, by county. For CharlotteUSA, that runs from $750 per job to $12,000 per job. South Carolina also offers tax credits per job created, depending on development in a particular area and ranges from $1,500 to $8,000 per job. Both states offer tax increment financing for redevelopment areas.

UNIONIZATION ACTIVITY Union Membership Rates By State

North Carolina

3.3%

South Carolina

3.3% 4.0%

Virginia Georgia

4.4% 5.2%

Florida

North Carolina Taxes Corporate income tax: Flat rate of 6.9 percent of net income allocable to the state.

5.6%

Mississippi Tennessee

6.0%

Alabama

8.8%

Kentucky

9.8% 16.4%

Illinois

19.6%

Michigan

is a leading region “ forCharlotte the application of new technologies. The growth of UNC Charlotte’s Research Institute and the North Carolina Research Campus in Kannapolis put us at the forefront in the development of new technologies, including those for biotech. We understand that research and technology are the keys to remaining competitive.

~Bob Morgan, President Charlotte Chamber of Commerce

24.4%

New York

0.0% 5.0% 10.0% Source: Bureau of Labor Statistics 2006

20.0%

25.0%

30.0%

W O R K F O R C E S TAT I S T I C S 1 9 9 0 - 2 0 0 9 In Labor Force

1990

2000

2004

2009

67%

68%

69%

69%

Unemployed

3%

5%

5%

Age 16+ pop

1,274,703

1,564,947

1,771,034

1,943,904

852,270

1,014,578

1,153,210

1,265,450

Total Employed

5%

Source: Applied Geographic Solutions 2004

EMPLOYMENT BY INDUSTRY Accommodation, Food Services

68,478

5.9%

Admin, Support, Waste Mgmt Srvcs

40,590

3.5%

Agric, Forestry, Fishing, Hunting

6,863

0.6%

Arts, Entertainment, Recreation

15,601

1.4%

103,062

8.9%

Educational Services

83,072

7.2%

Finance, Insurance

81,335

7.1%

123,107

10.7%

Construction

Health Care, Social Assistance Information Manufacturing

Sales and use tax: 4 percent statewide with a local rate of 2.5 percent or 3 percent on transactions (combined 6.5 percent tax is not applicable to raw materials, containers, labels, packaging and shipping materials). Franchise tax: $1.50 per $1,000, applied to the greatest base determined as set forth in law. Inventory tax: Non-existent in North

15.0%

Mgmt of Companies, Enterprises

23,100

2.0%

186,996

16.2%

1,068

0.1%

789

0.1%

Other Services (excl Publ Adm)

48,263

4.2%

Prof, Scientific, Tech Services

58,777

5.1%

Public Administration

31,696

2.7%

Real Estate, Rental, Leasing

22,272

1.9%

140,883

12.2%

Transportation, Warehousing

49,119

4.3%

Utilities

14,643

1.3%

Wholesale Trade

53,373

4.6%

Mining

Retail Trade

Source: ESRI 2006

Charlotte Regional Economic Development Guide 2007

29


BUSINESS STRENGTH

Backoffice Operation Expands Into CharlotteUSA “Everything came together so perfectly in the Charlotte region; our decision was simplified.” Connextions, Inc., a fast-growing company which provides business process and IT outsourcing services for several Fortune 500 clients, announced and opened its first facility outside of Florida within the Charlotte region in the fall of 2006. Moving quickly and adapting to their clients’ needs is something that Connextions does very well–and they found a state and community that could do just the same. The company conducted their site search, signed their lease, and ramped up operations in less than three months at their new facility in Concord, N.C. “Several options could have served our basic operational needs. We were interested in the Charlotte region because it exceeded our requirements,” says Connextions’ President Rob Panepinto. “Everything came together so perfectly in the Charlotte region; our decision was simplified.” Panepinto in large part credits regional collaboration between the Charlotte Regional Partnership, the Cabarrus Regional Partnership, and the City of Concord. “They came together to help us meet our needs; they made it happen.” The flexibility of the state and local training programs and facilities has greatly enhanced Connextions’ ability to recruit and hire new employees. “I love Charlotte and am happy to call it home,” says Tracey Ayers, the company’s senior vice president who relocated from Orlando with four managers and 12 other employees. The company began operations with 350 technical and customer service associates and plans to grow to over 600 employees within 3 years.

Advanced Manufacturing Expands Into CharlotteUSA “With the ever increasing costs associated with distribution services, accessibility is vital. The Charlotte region is geographically positioned to help us operate more efficiently and provide better customer service.” The Charlotte region has reinvented itself from a largely textile-based manufacturing work force to one that retains the old-fashioned work ethic but has increased skills and flexibility to meet a new set of advanced manufacturing needs. Poly-America had contemplated a location for a southeast manufacturing plant for several years. The decision to locate what the company calls Poly-East to Chester County in the Charlotte region and employ 400 workers was largely due to the county’s availability of a trained work force and its accessibility. “Chester County is located within one of the fastest-growing interstate corridors,” says George Hall, vice president of manufacturing. “With the ever increasing costs associated with distribution services, accessibility is vital. The Charlotte region is geographically positioned to help us operate more efficiently and provide better customer service.”

30

Carolina. Property tax: North Carolina does not impose a property tax. Taxes are subject to county rates which run from 4.2 percent to 11 percent and city rates from 2.4 percent to 8 percent. Manufacturing fuels: 1 percent on fuel for agricultural or manufacturing use or to commercial laundries other than electricity or piped natural gas. Manufacturing equipment: 1 percent on farm machinery, mill machinery, parts and accessories sold to manufacturing industries and plants. Electricity: 2.6 percent on sales of electricity. Natural gas: 2.83 percent. Telephone service: 3 percent local, 6 percent intrastate. A $50,000 cap applies to call center operations. Unemployment insurance rate: Average tax rate of 1.2 percent; new employers rate of 1.2 percent; maximum rate, 6.84 percent; taxable base, $17,800. South Carolina Taxes Corporate income tax: Flat rate of 5 percent of net income allocable to the state. Sales and use tax: 6 percent with a local rate of 1 percent or 2 percent on transactions. Franchise tax: South Carolina does not impose. Inventory tax: South Carolina does not impose. Property tax: South Carolina does not impose a state property tax. Subject to local rates (county rates range from .41 percent to 1.93 percent, county and school rates are 4.07 percent). Manufacturing fuels: South Carolina does not impose. Manufacturing equipment: South Carolina does not impose. Electricity: South Carolina does not impose. Natural gas: South Carolina does not impose. Unemployment insurance rate: New employers rate is 2.7 percent; maximum rate (deficit employers) 5.4 percent; taxable base, $7,000.

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BUSINESS STRENGTH

Distribution Center Chooses CharlotteUSA

TOP 10 PRO-BUSINESS STATES

“We received excellent service during the site selection process from state, regional and local authorities, but more importantly, we have been impressed by their ability to deliver what was promised.” Big Dogs Holdings, Inc., a retail manufacturer of apparel and owner of the Walking Company Chain, announced in May 2006 that it would relocate its distribution center and several other operational functions from Santa Fe Springs, Cal., to Lincoln County in the Charlotte region. After a very thorough site search, including extensive logistics studies, Big Dog Holdings selected CharlotteUSA. “The Charlotte region will serve as our sole distribution point for the United States,” says John Wood, senior vice president of logistics. “We received excellent service during the site selection process from state, regional and local authorities, but more importantly, we have been impressed by their ability to deliver what was promised.” The Big Dog facility will join other distribution companies such as Target, Room & Board and Crate & Barrel, all of which have made recent investments in distribution facilities within the Charlotte region.

“A big reason we fell in love with Concord in the greater Charlotte region was because of the quality of the hire. The work ethic is extremely strong. There are skilled workers here and they come from very solid backgrounds and have a solid work history.” ~ Tracey Ayers, Senior Vice President, Connextions, Inc. EMPLOYMENT IN INDUSTRIES

16.2%

2.7% 12.2%

/ /

9.0%

/ 5.5%

8.9%

4.6% 38.1% Source: ESRI 2006

SOUTH CAROLINA

1

VIRGINIA

2

SOUTH DAKOTA

3

NORTH CAROLINA

4

WYOMING

5

GEORGIA

6

FLORIDA

7

MARYLAND

8

ALABAMA

9

KANSAS

10

Source: Pollina Corporate Top 10 Pro-Business States 2006

TOP 10 STATES FOR BUSINESS CLIMATE NORTH CAROLINA

1

TEXAS

2

OHIO

3

GEORGIA

4

TENNESSEE

5

INDIANA

6

KENTUCKY

7

ALABAMA

8

MICHIGAN

9

SOUTH CAROLINA

10

Source: Site Selection Magazine, November 2006

AVERAGE WEEKLY WAGE BY INDUSTRY ALL INDUSTRIES

$626

Accommodation & Food Services

$224

Administrative & Waste Services

$470

Construction

$621

Educational Services

$425

Finance & Insurance

$779

Health Care & Social Assistance Services

$439

Information

$858

Management

$1,069

Manufacturing

$776

Professional & Technical Services

$668

Real Estate

$560

Retail Trade

$394

Transportation & Warehousing

$624

Wholesale Trade

$711

Source: NC LMI 2006 Q2; SC LMI 2006 Q2

Charlotte Regional Economic Development Guide 2007

31


Targeted Clusters

TA R G E T E D I N D U S T RY C L U S T E R S

Industries On Track Automotive The Charlotte region has been highly attractive to the automotive industry for years. More than 250 automotive companies operate in the area and they employed 15,000 workers. DaimlerChrysler’s Freightliner division has three major assembly plants in CharlotteUSA. BMW makes sports cars in the Greenville-Spartanburg area, just an hour and 15 minutes from Charlotte Douglas International Airport, which offers non-stop flights to Munich as well as Detroit. Other significant auto-related facilities include those for Dana Corporation, ArvinMeritor, Continental Tire, Eaton Corporation, Goodyear, Hella Lighting, Mayflower Vehicle Systems, Meridian Automotive Systems and ZF Lemforder.

Capital/Lowe’s Credit and Wells Fargo Home Mortgage Inc. TIAA-CREF, the Teachers Insurance and Annuity Association College Retirement Equities Fund, opened a major operations, data and customer service center in Charlotte in 2000. The Charlotte region also includes the headquarters of Royal & SunAlliance and Transamerica Reinsurance. Others with operational or processing centers in the Charlotte region include Allstate, AmeriCredit, The Hartford,

Financial Services and Insurance Charlotte is the 2nd largest financial center in the United States, behind only New York City. Bank of America Corporation and Wachovia Corporation, the country’s 2nd and 4th largest banks respectively, are headquartered in Charlotte. Their presence along with that of several regional institutions has spawned a growing financial services industry throughout CharlotteUSA. More than 250 companies in the region offer financial services and they employ nearly 60,000 professionals. The Charlotte region also is home to many large operational and customer service centers for companies such as CitiFinancial, GE 32

Kemper, Liberty Mutual, MetLife, Nationwide, State Farm and Travelers. Charlotte’s Central Piedmont Community College offers a variety of finance-related courses and certification classes to further train the work force in financial services disciplines. Machine Manufacturing The machine manufacturing industry has been expanding in CharlotteUSA since the 1960s. Initially drawn by textiles and furniture, the industry now counts more than 1,250 companies in the region engaged in machine and

machine parts manufacturing. These firms employ about 12,300 workers. The region boasts production facilities for well-known names such as Cooper Tools, Honeywell, Ingersoll-Rand and Siemens Westinghouse. Yet, the majority of the industry near Charlotte is made up of world-class medium-sized manufacturers such as Colfax, Chiron America, INA, Okuma Machine Tools, PCI Wedeco and Schrader-Bridgeport.

Metalworking Drawing on machine manufacturing strengths, CharlotteUSA boasts strong metalworking skills. More than 1,000 companies employ nearly 18,000 in fabricated and primary metal manufacturing. They are supported by a leading technical college system, with many specialized courses and certifications for metalworking and machine manufacturing. The University of North Carolina at Charlotte is home of the world’s premier university metrology laboratory, housed in its Center for Precision Metrology. The lab includes a precisely controlled environment that meets 10,000 clean room requirements. It features traditional dimensional metrology and controlled coordinate measuring machines. The Surface Metrology Lab measures twoand three-dimensional surface finish and form. Using both practical and experimental applications, faculty leaders from various science-based backgrounds focus on competitive programs to meet area

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TA R G E T E D I N D U S T RY C L U S T E R S

industry needs. North Carolina leads the United States in National Institute for Metalworking Skills credentials. Medical Device and Supplies Manufacturing There are 60 companies in CharlotteUSA that produce medical devices and equipment. They employ 2,000 specially talented people. Larger manufacturers include Hartmann-Conco Inc., Scott Health and Safety and Zimmer Orthopedic Surgical. Medical Equipment Manufacturing The machine manufacturing industry has spawned a medical device and equipment concentration with about 45 such companies within CharlotteUSA. These firms export to both domestic and international destinations. The existence of this niche is testimony to the adaptability of the work force since it requires highly skilled and trained employees. The Charlotte Research Institute at the University of North Carolina at Charlotte operates a center for Precision Metrology and a Center of Opto Electronics and Optical Communications. Motorsports With more than 90 percent of NASCAR teams operating within a 50mile radius of Center City Charlotte, the region is the hub of the premier auto-racing association in the United States. The economic impact to the state of North Carolina is more than $5 billion a year. Mutually complimentary are the NASCAR Research and Development Center and The University of North Carolina at Charlotte program in Motorsports and Automotive Engineering. The NASCAR facility hous-

es the racing association’s rules officials, corporate officers, accident investigators and directors of its various racing series, as well as its research and development. UNCC’s strengths include vehicle dynamics, aerodynamics, instrumentation, safety and metrology. The UNCC program has developed more than $2.25 million in external research related to vehicle technologies. On site equipment includes chassis dyno, shock dyno, engine dyno, scales and Pi/CDS Data Acquisition. Aerodynamic testing is performed at two wind tunnel facilities, one of which boasts a one-of-a-kind yawing, rolling road. Belmont Abbey College in Gaston County–just across the Catawba River fromCharlotte– recently announced the school will offer a new,

four-year degree focusing on business and management in motorsports. Lowe’s Motor Speedway in Concord hosts three major races: the Coca-Cola 600, the Nextel All-Star Challenge and the UAWGM 500. Pharmaceutical Manufacturing CharlotteUSA has built a solid pharmaceutical manufacturing sector that counts 40 companies with about 5,800 workers. Nearly 125 pharmaceutical/ medical equipment manufacturing and manufacturing-related companies oper-

Charlotte Regional Economic Development Guide 2007

ate in the region. This relatively small but growing sector draws on innovative and aggressive local research programs in precision metrology, opto electronics and nanotechnology at the Charlotte Research Institute, a part of The University of North Carolina at Charlotte. UNCC’s Office of Technology Transfer has achieved several high rankings nationally, including 1st in startups formed, 2nd in invention disclosures received, 2nd in patent applications, 3rd in patents issued and 5th in licenses executed. Plastics Drawing on rail and road distribution advantages as well as its proven manufacturing capabilities, the Charlotte region enjoys a growing plastics industry. More than 280 plastics companies have facilities within CharlotteUSA and they employ about 12,200 workers. Nurturing this segment are relatively low utility rates, reasonable wage expectations, superior distribution capabilities and an enviable quality of life. In cooperation with the University of North Carolina at Charlotte, the Polymers Center for Excellence offers a variety of services to the plastics industry. These include research and development, testing, work force development and process problem solving. The Center’s mission is to help area plastics firms reduce costs, increase productivity, expand market share and shorten time to market. It offers training either at the Center or at the plant site. Larger plastics manufacturers in the Charlotte region include Charlotte Pipe & Foundry Co., Otto Industries, Polar Plastics Inc. and RBX Industries Inc.

33


RESEARCH & DEVELOPMENT

The Science of Success

NC Research Park North Carolina Research Campus Superlatives roll off the tongue when people describe the North Carolina Research Campus that billionaire David Murdock is raising from rubble in the center of Kannapolis, N.C. “In 30 years of practicing architecture,” says David Creech, “I’ve never seen anything of this magnitude, and this expense, happen in this region.” “For something to be so abruptly changed overnight and to be right for the situation it’s being used for, it’s a pretty incredible alignment of the stars,” chimes in Ray Waugh. Joining project architects Creech, of Narmour Wright Creech, and Waugh, of LandDesign, is Murdock’s Clyde Higgs. “There’s nothing like it in the United States,” marvels Higgs, vice president of business development for Castle & Cooke North Carolina, LLC, the Murdock entity that oversees the $1 billion project. Murdock’s brainchild truly is remarkable. Consider that the North Carolina Research Campus is sprouting on 350 acres where a failed textile plant was pulverized. Its mission is simple: To help people lead more healthy lives. “Mr. Murdock has made this research campus a hub for academic and industry research that ultimately allows people to make better decisions regarding 34

their health,” Higgs says. Ultimately, seven North Carolina universities will have a presence on the campus that will sprawl across the former site of textile behemoth Pillowtex. In time, the biotech center promises 5,000 jobs and that number could multiply by seven. “Through the collaboration of the university scientists, the biotechnology research and the state-of-the-art laboratories, new discoveries will be made that will further my goal of teaching people about proper health, nutrition and wellness,” summed up Murdock when he unveiled campus plans in 2005. Describing how that will happen inspires more superlatives. For instance, the first structure completed, the David H. Murdock Core Laboratory Building, will house a piece of equipment to help researchers understand the composition of compounds and matter as they devise new drugs. Higgs paints a colorful perspective for the 950 megahertz nuclear magnetic resonance machine Murdock has ordered. “The current Cadillac of NMRs is about an 800 megahertz,” Higgs says. “Mr. Murdock is purchasing a 950 that doesn’t even exist.” To accommodate such machinery, Murdock insists that the campus buildings feature large rooms for maximum flexibility. This should also promote col-

laboration, Higgs adds. “In his opinion, great discoveries are going to be made if you can get the various organizations talking to each other,” he explains. The buildings will employ the latest in environmentally friendly innovations. “If every one of these buildings were finished right now,” Creech marvels, “they would comprise 25 percent of all buildings in the country that are LEED (Leadership in Energy and Environmental Design) certified.” The enormous campus is expected to be home to more than 100 biotech companies. Already, it has drawn firms such as Pelican Life Sciences and The Biomaker Group that are in the vanguard of the migration to the Greater Charlotte Region. Employees of these firms can live near their offices in the 700 residential units planned for the campus that will also feature shops, restaurants and entertainment. Murdock promises to place bright yellow bicycles strategically, available for anyone to pedal from one point to another and leave for the next rider. Why yellow? Higgs smiles. “Mr. Murdock is also chairman of Dole Foods, which is the largest producer of fruits and vegetables,” he says. “Yellow is the color of pineapples. I’ll let you read between the lines.” No one questions that the campus will be an economic magnet. “People are going to want to be near it,” says Waugh. “There’s a lot of investment money that will be attracted to Kannapolis.” With one more superlative, Higgs sums up the burgeoning campus. “Mr. Murdock doesn’t do anything small,” he says. “There’s not a collection of resources and partners like this anywhere in the world.”

ChooseCharlotteUSA

www.charlotteUSA.com


RESEARCH & DEVELOPMENT

Public-Private Partnership

University Research Charlotte Research Institute Conceived to encourage experimentation in technology, the Charlotte Research Institute has ample evidence that it is accomplishing its mission. Perhaps that is largely due to the focus of its executive director, Robert Wilhelm. “The Institute works on three things,” says Wilhelm, and he ticks them off like clockwork. “First is developing intellectual capital on campus,” he says, “developing UNC Charlotte as the research university in the region. “We also work at marketing and identifying partners,” he adds. “We find the right kind of partners to bring back into the university to work with our faculty. “And we work on bringing more research infrastructure to the university. That’s enabling for our faculty and students. But also we work on making the infrastructure we have accessible to our business partners. We think that’s equally important.” At UNC Charlotte since 1993, Wilhelm was a founding faculty member for doctoral programs in Mechanical Engineering, Biotechnology, Information Technology and Nanoscience. Before coming to Charlotte, Wilhelm worked at the Palo Alto Laboratory of Rockwell Science Center and at Cincinnati Milacron. He took the reins of Charlotte Research Institute in 2005. “The formation of the Charlotte Research Institute was driven by the Charlotte regional community,” Wilhelm says. “There was this notion that we would develop an organization that resides in the university and really makes the university a good partner with our economic region.” Bricks and mortar make a strong case that the Charlotte Research Institute has solidified UNC Charlotte’s role as the greater Charlotte region’s premiere research institution. Opening in late 2006 on the six-year-old CRI campus were two 100,000-square-foot

buildings housing myriad specialized research programs. Duke Centennial Hall includes laboratories designed to keep structural vibrations and temperature fluctuations from interfering with precise measurements; labs for study of fluids, materials and computational mechanics; and labs for student computing as well as high-performance computing. William H. Grigg Hall houses sophisticated equipment for optical science research. It’s no accident that one structure is named for Duke Energy and the other for its chairman emeritus. The Charlottebased energy company impressively endorsed the Charlotte Research Institute’s mission with a $10 million gift to fund CRI programs and initiatives. UNC Charlotte research results have helped create about two dozen companies since CRI opened, Wilhelm points out. The Institute houses several centers of research. These operate initiatives in fields including bioinformatics, translational medicine, nanotechnology, biomedical engineering and motorsports. The CRI and faculty at UNC Charlotte regularly work with economic development organizations when companies consider relocating to the Greater Charlotte Region. Leaders of TIAA-CREF and General Dynamics have credited the existence of the school and the institute as important factors in their decision to establish a significant

Charlotte Regional Economic Development Guide 2007

presence in Charlotte. UNC Charlotte has committed to lead bioinformatics research at the nearby North Carolina Research Campus that billionaire Robert Murdock is building in downtown Kannapolis. Even though the first building there won’t be occupied until the end of 2007, CRI has maintained a Kannapolis storefront presence since summer 2006. That reflects Wilhelm’s comfort with the proximity of the North Carolina Research Campus. “The programs CRI and the North Carolina Research Campus are developing will complement and contribute to one another, as well as other research universities,” Wilhelm says. On the UNC Charlotte campus, CRI’s Bioinformatics Research Center is developing technologies to allow doctors to use individual genetic information to promote good health, diagnose illnesses and treat them with genetically targeted therapies. An important vote of confidence is the decision by the state’s North Carolina Biotechnology Center, based in Research Triangle Park adjacent to Raleigh, to open a satellite office at CRI. Further, a CRI partnership with the Brain Tumor Fund for the Carolinas supports a research program in brain cancer. Praising CRI’s success at a recent announcement that UNC Charlotte is the state’s official “Open for Business” campus, Chancellor Dubois summarized Institute’s mission. “University organizations such as the Charlotte Research Institute kick-start growth in new technologies for the region,” Dubois said, “creating intellectual capital, jobs and a more enticing environment for attracting business.” 35


Skilled Workers

HUMAN RESOURCES

Solid Work History

“Mecklenburg County’s greatest strength is its people. While we have

excellent geography, weather and natural resources, it has been the traditional leadership of men and women in the public and private sectors that have translated these assets into a quality of life that is unequalled in the United States.” – Parks Helms, Member, Mecklenburg County Board of Commissioners The 16 counties of CharlotteUSA sprawl from the foothills of the Appalachian Mountains to the rolling terrain of the central Piedmont. Charlotte is the hub of the region and, with more than 600,000 people, is the largest city NUMBER OF HOUSEHOLDS CharlotteUSA 1990 - Projected 2011

in North Carolina or South Carolina. The area contains many smaller cities and rural areas in its 8,000 square miles. Its total population is more than 2.3 million, with 1.5 million older than 25. Yet 34 percent is younger than 17. Average weekly wage: The region’s average weekly wage is $626. The utilities sector leads with an average weekly wage of $1,177; the average weekly check in the huge finance and insurance sector is $779.24. POPULATION 2006 Total Region Population:

6

1

Source: U.S. Census; ESRI 2006-2011 forecasts

2,417,394

Age

Number

25-34 years

345,687

35-44 years

394,035

45-64 years

606,765

Unionization: Both North Carolina and South Carolina have Right-to-Work laws that allow individuals to choose whether to join a union. For 2006, North Carolina’s and South Carolina’s union membership was the nation’s lowest, at 3.3 percent. Work force training: State training programs for new and expanding industries vary in North Carolina, but available development programs include: • Occupational continuing education • Human resources development • Specialized industrial training • Work force and training initiatives • The Center for Accelerated Technology Training, operated by the statewide Technical Education College System, provides recruiting, screening and training programs for new and expanding businesses. In South Carolina, the CATT program trains workers for about 1,600 firms, including BMW, Siemens and Bayer. By-industry employment: The services industry is the leading employer, with more than 420,000 workers, or about a third of the work force. Manufacturing employs more than 176,000, or 16 per-

Source: ESRI 2006

WORK FORCE EDUCATION NUMBER Population 25+

% TOTAL WORK FORCE

1,392,648

---

Less Than 9th Grade

102,754

7.4%

9th-12th Grade

199,910

14.4%

High School Graduate

389,649

27.9%

Some College

289,429

20.8%

Associates Degree

94,319

6.8%

Bachelors Degree

226,907

16.3%

89,584

6.4%

Professional/Masters Degree Source: U.S. Census; ESRI 2006

36

ChooseCharlotteUSA

www.charlotteUSA.com


HUMAN RESOURCES

POPULATION BY AGE

Companies by “themselves don’t

55 yrs to 64 yrs 10.6%

determine their success. Any organization’s success is dependent upon the abilities and will of its people to produce.

25 yrs to 54 yrs 45.1%

65 yrs and Over 10.8%

~ Dr. Tony Zeiss, President, Central Piedmont Community College

Under 15 yrs 21.6%

15 yrs to 24 yrs 12.7% Source: ESRI 2006

2 0 0 6 - 2 0 1 1 PROJECTED % CHANGE IN POPULATION GROWTH

cent. The finance, insurance and real estate sector, with about 95,000 workers, ranks behind retail, which counts more than 120,000.

25.1

15.7

REGIONAL COLLEGES AND UNIVERSITIES The Art Institute of Charlotte Belmont Abbey College Catawba College Catawba Valley Community College Carolinas College of Health Sciences Central Piedmont Community College Cleveland Community College Davidson College DeVry University Gardner-Webb University Gaston College Johnson C. Smith University Johnson & Wales University King’s College Lenoir-Rhyne College Livingstone College Mitchell Community College Montreat College Northeastern Technical College Pfeiffer University Queens University Rowan-Cabarrus Community College Southern Piedmont Community College Stanly Community College Strayer University UNC Charlotte University of Phoenix USC Lancaster Wake Forest University/MBA School Wingate University Winthrop University York Technical College

13.8

13.2

12.8 9.4

6.0

5.0

4.7 2.7

2.3 1.5

2.7

3.1

1.8

1.9

Source: ESRI 2006-2011 forecasts

MEDIAN HOUSEHOLD INCOME 2011

2011

$62,597

$53,014

2006

$43,301

$29,525

Source: U.S. Census; ESRI 2006-2011 forecasts

Charlotte Regional Economic Development Guide 2007

37


Live, Work, Play

QUALITY OF LIFE

An Incredible Community “The truth is that while the Charlotte region is serious about business, it’s also concerned about the health and well-being of its citizens,” says Gloria Pace King, who has served as president of the United Way of Central Carolinas for more than a decade. “We ought to brand the people who live here for their caring and compassion,” adds King, whose United Way effort raised $41 million in 2005 to fund 98 human services agencies.

Charlotte Regional Visitors Authority (CRVA)

“TOP 5” LOCAL ARTS AGENCIES $140 $120 $100 $80 $60 $40

Source: Charlotte Center City Partners 2004

38

Miami

Dallas

Charlotte

San Francisco

0

New York

$20

A populace that truly cares about all its residents is important. But there are other reasons Charlotte is among the nation’s top 20 boomtowns.

all price ranges. Cultural amenities: In CharlotteUSA are nationally recognized museums, as well as symphony, opera, theater and dance com-

Charlotte Regional Visitors Authority (CRVA)

Cost of living: The cost-of-living index for CharlotteUSA is 92.2, lower than Dallas, Denver, Chicago, Pittsburgh, Cleveland or Miami. (U.S. = 100) Income: The median household income is a little more than $49,000, slightly higher than the national average. Median income is expected to top $57,000 by 2010. Per capita income is about $26,100, again a bit higher than the national average. Average household income is a bit more than $66,000, slightly less than the national average. Total households in CharlotteUSA increased by 42.2 percent from 1990 to 2004. Projections show an increase from the 924,175 households in 2005 to more than a million in 2010, an annual increase of 2.30 percent. Housing affordability, availability: The median house value in the CharlotteGastonia-Rock Hill MSA was $123,000 in 2000 US Census. It was $130,000 in Atlanta and $139,000 in Charleston, S.C. Housing is available in all price ranges and from rural to urban settings. At least halfdozen high-rise condo developments are on the drawing board or under construction in Center City Charlotte. Opportunities for renters also abound in

panies. Discovery Place is a hands-on science museum that houses an OMNIMAX theater. Arts and entertainment: Charlotte is first in per capita spending for the arts, making the city a cultural model for the country. Amenities include arts and crafts festivals, free symphony concerts in parks and art exhibits. The CharlotteMecklenburg Public Library is state-of-the-

Janet Kropinak

ChooseCharlotteUSA

www.charlotteUSA.com


QUALITY OF LIFE

art and its new ImaginOn center concentrates on programs for youngsters, including a Children’s Theater.

Recreational opportunities: CharlotteUSA has more than 1,770 miles of shoreline on eight lakes and in excess of 100 public and private golf courses. It is a two-hour drive from Pinehurst, the nation’s golf capital. Two hours in the opposite direction is the breath-taking scenery of the Great Smoky Mountains. Major beaches are four hours away. The YMCA of Greater Charlotte ranks third in North America for people served, behind only Houston and Los Angeles. Operating in four of the region’s counties, it was among the nation’s first

!

YMCAs to form a partnership with a nonprofit hospital, Carolinas Healthcare Systems. Additionally, the YWCA of Central Carolinas provides myriad services. Sports and sports facilities: CharlotteUSA is home to the Carolina Panthers of the NFL, the NBA’s Charlotte Bobcats, the WNBA’s Charlotte Sting, three NASCAR Nextel Cup automobile racing events and the PGA’s Wachovia Championship. The Bank of America Invitational Criterium has become an annual professional bicycle race in center city Charlotte. The Triple-A baseball Charlotte Knights and the Charlotte Checkers minor league ice hockey team offer economical sports experiences. Climate: The sun shines 214 days a year. More than 50 inches of rainfall annually feed fragrant flowers, lush green grass and towering treetops. The region enjoys four distinct seasons while avoiding the oppressive heat of the Deep South and the icy intervals of the Northeast and Midwest. Rarely is there enough snow to shovel and temperatures hit triple digits only twice a year, on average. Retail opportunities: From the upscale atmosphere at Nordstrom’s to the basics of Wal-Mart, and with the wide selection from homegrown department store chain Belk in between, the Charlotte area offers

“I have been awed at what a special place Charlotte is. I’m a really tough customer. I’ve lived in a lot of places. This is a pretty incredible community. I buy into the fact that we have something special here that other communities would love to model.” ~ Cathy Bessant, Executive, Bank of America

Charlotte Regional Economic Development Guide 2007

HOUSEHOLD INCOME YEAR

TOTAL

2000 Median

$43,301

2006 Median

$53,014

2011 Median

$62,597

Source: ESRI 2006

PER CAPITA INCOME 2011

2006

2011

Source: U.S. Census; ESRI 2006-2011 forecasts

PER CAPITA INCOME TRENDS PER CAPITA INCOME

YEAR 2000

$21,939

2006

$27,716

2011

$33,810

Source: U.S. Census; ESRI 2006-2011 forecasts

COST LIVING Cost OF of Living COMPOSITE INDEX (U.S. AVERAGE = 100) New York (Manhattan), N.Y.

201.2

San Jose, Calif.

166.2

Los Angeles, Calif.

157.4

Richmond, Va.

108.4

Chicago (Joliet), Ill.

103.3

Orlando, Fla.

100.8

Denver, Colo.

99.6

Phoenix, Ariz.

99.0

Atlanta, Ga.

97.7

Austin, Texas

97.0

Raleigh-Durham, N.C.

94.0

Cincinnati, Ohio

92.8

CHARLOTTE, N.C.

92.2

Source: ACCRA Cost of Living Index 2006 Q3.

39


QUALITY OF LIFE

stores for any taste. Many malls dot the region and Concord Mills, a 1.4 million-square-foot mall, is North Carolina’s top tourist attraction. It’s on the northeastern edge of Charlotte. Education: There are 32 colleges and universities in CharlotteUSA and they offer degrees in 150 subjects. The area’s largest university is the University of North Carolina at Charlotte with 21,000 students and a curriculum that includes doctorate degrees. Its Belk School of Business is among as many as a dozen in the region offering a master’s in business administration. Johnson & Wales University has a Charlotte campus and offers degrees in culinary arts, hospitality and business. Health care: CharlotteUSA includes 26 local and regional hospitals, including Carolinas Medical Center in Charlotte, the flagship facility of Carolinas HealthCare System, the fourth largest health care system in the United States. CMC is a Level 1 trauma center, equipped with a medical helicopter and airplane service. Also in the Charlotte region is Novant, a health care provider that serves more than 3.4 million people. Its facilities include Presbyterian Hospital, Presbyterian Hospital Matthews and Presbyterian Hospital Huntersville. In 2005, OrthoCarolina formed and became one of the nation’s largest orthopedic practices. “The truth is that while the Charlotte region is serious about business, it’s also concerned about the health and well-being of its citizens,” says Gloria Pace King, who has served as president of the United Way of Central Carolinas for more than a decade. “We ought to brand the people

“Charlotte is the kind of city where you can build culture. Nothing is implanted here, nothing is taken for granted. So we have an opportunity unique for a city our size to position who we are and what we want to be. We’ve had a vision about this city and this community which far exceeds even some of the older cities.” ~David Wagner, President, Wagner Murray Architects 40

who live here for their caring and compassion,” adds King, whose United Way effort raised $41 million in 2005 to fund 98 human services agencies. 1st: The Charlotte region is 1st among America’s Most Livable Communities, says a 2004 ranking of 30 metropolitan areas by Partners for Livable Communities. Arts support leader: Charlotte residents give the highest per capita to the arts and sciences, 3rd only to

Kent Smith

MAJOR TOURIST ATTRACTIONS • Concord Mills • Carowinds • Lowe’s Motor Speedway • Blumenthal Performing Arts Center • Christmas Town, USA • Discovery Place • Crowders Mountain State Park • Charlotte Trolley • Morrow Mountain State Park • Dale Earnhardt, Inc. • N.C. Auto Racing Hall of Fame • Hendrick Motorsports Museum • Carolina Raptor Center • The Dirt Track at Lowe’s Motor Speedway • Mint Museum of Art • Mint Museum of Craft + Design

New York City and San Francisco in total dollars raised. Top echelon: The Charlotte region is among The 50 Cleanest Cities, in a 2005 national listing by Reader’s Digest. 100 plus golf courses, both public and private, dot Charlotte USA. 1,770 miles of lake shoreline grace CharlotteUSA. 61 degrees is the average annual temperature, Fahrenheit, for CharlotteUSA. That’s 16 degrees Celsius. 214 sunny days a year in CharlotteUSA’s mild, four-season climate. Big leagues: Charlotte is major league, with ChooseCharlotteUSA

www.charlotteUSA.com


QUALITY OF LIFE

sports franchises in the NFL, NBA and WNBA, three major NASCAR Nextel events and a PGA tournament. It also enjoys Triple-A baseball and minor league hockey. More than 300 cultural clubs, businesses and religious organizations serving an international population of more than 120,000. Affordable utilities: Utility rates in CharlotteUSA are among the most competitive in the United States.

MAJOR TOURIST ATTRACTIONS • Museum of York County • Historic Brattonsville • McCelvey Center • Roush Racing Museum • Transportation Museum • Historic Spencer Shops • Levine Museum of the New South • Daniel Stowe Botanical Garden • The Light Factory • Charlotte Museum of History • Hezekiah Alexander Homesite • Cannon Village Visit Center • Textile Museum • Sam Bass Tribute to Dale Earnhardt • Reed Gold Mine State Historic Site • The Energy Explorium Source: Charlotte Business Journal Book of Lists 2006

$18 billion invested: New and expanding businesses have invested more than $18 billion in CharlotteUSA since 1990, adding 170,000 jobs. 2nd lowest building cost: Charlotte enjoys the 2nd lowest industrial building cost of 116 North American cities recently surveyed – less than 80 percent of the national average. 3rd and rising: Readers of Chief Executive magazine rank North Carolina the 3rd best state for doing business in 2006, up from 5th in 2005. Tops in job training: South Carolina is 1st and North Carolina 3rd in Expansion Management magazine’s Top State Workforce Training Programs in the

Charlotte Regional Economic Development Guide 2007

“The business of higher education is very competitive, particularly when it comes to recruiting the most talented faculty and staff. The quality of life in the Charlotte region is clearly one of our key strategic advantages. A robust environment for entertainment, culture and recreation, high quality health care and schools, and accessible higher education make Charlotte an ‘easy sell’ for us.” - Philip Dubois, Chancellor, University of North Carolina at Charlotte U.S. for 2003.

Special training: CharlotteUSA’s Work force Development Partnership addresses special training needs of business and industry through the collective educational resources of 10 area community and technical colleges. World class: CharlotteUSA is 30th of 125 cities worldwide in a 2003-04 World Knowledge Competitiveness Index compiled by Robert Higgins Associates and based on ability to translate knowledge into economic value. Wireless leader: Charlotte MSA is 17th of 100 Most Unwired Cities in a 2005 Intel ranking based on public and commercial wireless access points, cell phone coverage and Internet penetration. Nearly 1.2 million work force: The work force in CharlotteUSA is expected to increase to 1.3 million by 2010; currently it’s 1.2 million. That’s a 12.4 percent growth rate in the next five years. 1st for business: Charlotte N.C. is 1st in probusiness attitude, says Fortune magazine. Expansion leader: The Charlotte region is 20th in the nation’s Top 40 Real Estate Markets for Expanding Companies for 2005, as listed by Expansion Management magazine. 41


Charlotte: center city 2010 “The main factor contributing to the economic success of Charlotte is what has occurred in our downtown in the last 10 or 15 years. Charlotte is among the cities at the top of the list for success in downtown renewal. It’s just incredible. It’s really a good place to be.” ~Brad Davis, Partner-in-Charge, LandDesign - Charlotte

42

ChooseCharlotteUSA

www.charlotteUSA.com


Digital Illustration Provided by Skyscraper Digital A Division of LITTLE Diversified Architectural Consulting, Inc. www.littleonline.com www.skyscraper3d.com

The Financial Times groupâ&#x20AC;&#x2122;s Foreign Direct Investment magazine ranked Charlotte 3rd overall among large U.S. cities. Within key categories, Charlotte finished 1st in economic potential and quality of life, 3rd in best development and investment promotion, and 5th in human resources. ~ fDiâ&#x20AC;&#x2122;s North American Cities of the Future 2007/08 Rankings

Charlotte Regional Economic Development Guide 2007

43


CharlotteUSA: center city

Remarkable Growth

Unprecedented Investment

Charlotte’s consistent belief in the need to have a strong center city to enable a healthy strong region has shaped solid planning and delivered a very unique, special Center City. The market is responding to our Center City with unprecedented investment in new office and residential projects. New projects are announced every few weeks, aerial photography is perpetually stale—and projects already on the books are expanding their scope. In 2007, we’re building for the future and we’re building in a hurry. $4.7 billion in development proposed or underway— $3.3 billion of that is residential. 15 high rise towers will soon soar uptown. Our new and transplanted urbanites want uptown living with a view. Uptown and South End have a residential population just over 12,000. By 2012,

CCCP/Eric Bahrs

44

the number will be closing in on 27,000— that’s a population that’s more than doubled in less than six years. This diverse residential market, paired with the 65,000 workers who flock into the city every day to work, means the uptown is ripe for retail. We see the growth of a new and robust retail market as our next major

trend. It’s already beginning to take shape with Tiffany’s latest venture—a holiday store on Tryon Street, and the introduction of Lowe’s Home Improvement’s flagship store in the Historic SouthEnd and a Target and a Home Depot Expo at the Metropolitan in Midtown. The EpiCentre mixed use development opens before the end of 2007, with 265-thousand square feet of retails featuring eight restaurants, a ten-screen movie theatre, a 175-room hotel and the 53story condo tower 210 Trade. Charlotte has begun construction on the NASCAR Hall of Fame, firmly securing Charlotte as

the center of NASCAR tourism. But we’re also firmly established as the economic hub for motorsports research, development and manufacturing. The location of the Hall of Fame on Stonewall Street opens the door for the fulfillment of a bold plan for a new “stroll district” along Brevard Street to connect three of our city’s great assets: the Charlotte Bobcats Arena, the convention center and the NASCAR Hall of Fame. We see a bold new opportunity along this southern corridor of Uptown. Also on South Tryon, Wachovia broke ground on a project that will change the cultural scene in the city for decades to come: the Wachovia First Street Project. This will be the new home of the Mint Museums, the new Bechtler Modern Art Museum, the new Afro-American Cultural Center and a 1200-seat Knight Performing

ChooseCharlotteUSA

CCCP/Eric Bahrs

www.charlotteUSA.com


CharlotteUSA: center city Arts Center that’s home to the N.C. Dance Theatre. This mixed-use development will also house a new 48-story office tower, a 42-story condo tower and retail space. This clustering of cultural assets onto one campus will allow visitors a rich experience, paired with retail and green space. Just one-block from the Square, Bank of America has broken ground on a new LEED certified office tower at Trade and College Streets. This 32-story office tower is connected to the new Ritz Carlton Hotel by a glass-enclosed “Winter Garden” Atrium. The Ritz will open in 2009 and the office tower in 2010. The new office space will bring welcome relief to an office market that’s feeling the squeeze of space. As of the

spring CCCP/E ric Bah of 2007, Charlotte rs has the lowest office vacancy rate of any downtown in the country of just 4 percent. In Third Ward, a new mixed-use project by Novare will add office, residential and hotel space, as well as much-needed parking. Novare is currently building more than a half-billion dollar development that includes four buildings: a residential tower, a hotel/condo tower combination called “Twelve” and an office tower. This project overlooks what we hope will be the newest great urban park and the centerpiece of what we are calling the “Land Swap”. It’s a bold plan to move our great urban park with frontage on Tryon Street, bring a Triple-A baseball stadium Uptown as the new home for the Charlotte Knights, and begin to fulfill the vision of the Second

Ward Vision Plan at the site of Marshall Park and the CMS Headquarters. This bold initiative will enable our community to realize a list of approved priorities and create new tax revenue streams through new development that will transform the Second and Third Wards. Transit has been a major economic driver, especially in CCCP/Eric Bahrs South End. Since the Light Rail and Trolley were announced in the late 1990’s, the economic investment made or proposed in the South End district alone has topped $1 billion. The Light Rail South Line will be up and running by the end of 2007 and is transforming South End district. It has already created dense, transit-oriented and design-based development around the light rail line, and even more is coming. The residential population will more than triple by the time the Lynx South Line is running in November of 2007. Transit is driving development to make wise use of our infrastructure.

Charlotte Regional Economic Development Guide 2007

2007 is shaping up to be a critical year for economic development in our Center City. We need to focus on wayfinding and parking as well as begin the process of creating a new master vision plan for our city. We anticipate more residential development; the long awaited unveiling of the First Ward Urban Village and a new and continuing focus on retail. Center City Charlotte is poised to continue our remarkable growth. _________________________________ The Charlotte Center City Partnership is dedicated to the promotion and enhancement of business, cultural, retail and residential initiatives in Charlotte’s central business district through the support of existing and relocating businesses in Center City and Historic South End and the production of various events throughout each year.

CCCP/Eric Bahrs

45


CharlotteUSA: corridors of commerce

100m

200m

250m

- Major Corridors of Commerce - Major Cities - Major Roadways - International Airport - Major Ports

52

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â&#x20AC;˘

www.charlotteUSA.com


LITTLE Diversified Architectural Consulting, Inc.

“CharlotteUSA is not only a great place to produce our product, but it’s positioned perfectly to deliver it to any destination. Between the major interstates, the hub airport and ports to the north and south, distribution is never a business barrier for NGK Ceramics.” ~Steve Dailey, General Manager NGK Ceramics

DISTANCES TO MAJOR PORTS PORT

MILES/KM

TIME

Charleston, S.C. . . . . . . . . . . 208 mi/ 335 km . . . . . . . . . . . . . 3.5 hours Morehead City, N.C. . . . . . 316 mi/ 508 km . . . . . . . . . . . . . 5.5 hours Savannah, Ga. . . . . . . . . . . . 250 mi/ 402 km . . . . . . . . . . . . . 4.0 hours Wilmington, N.C. . . . . . . . . 196 mi/ 315 km . . . . . . . . . . . . 3.75 hours Source: MapQuest 2006

Charlotte Regional Economic Development Guide 2007

53


CharlotteUSA: at a glance CHARLOTTEUSA LEAKAGE/SURPLUS FACTOR

Food Services & Drinking Places

Retail Sales -3.9

$2,946,468,577

Nonstore Retailers

8.5

$833,223,337

Miscellaneous Store Retailers General Merchandise Store

32.6

Gasoline Stations

$3,307,187,926 3.7

$480,486,937 $1,438,163,141

-15.6

$3,013,795,489

-7.2

Health & Personal Care Stores Food & Beverage Stores

$597,401,858

-16.5 -1.9

Sporting Goods, Hobby, Book & Music Stores Clothing & Clothing Accessories Stores

CHARLOTTEUSA CORRIDORS OF COMMERCE

14.3

$1,980,854,280 $3,648,006,752

-5.9

Bldg. Materials, Garden Equip. & Supply Stores

$1,210,037,730

6.1

Electronics & Appliance Stores

-6.1

$541,752,426

Furniture & Home Furnishings Stores

-7.1

$847,387,190

Motor Vehicle & Parts Dealers

$6,414,310,222

17.3

-100 -80 -60 -40 -20

0

20

40

<--Surplus—Leakage-->

60

80 100

L/S Factor

© ESRI 2006

© ESRI 2006

CHARLOTTEUSA COMMUNITY™ TAPESTRY™

2006 Dominant LifeMode by Block Group Factories & Farms

Senior Styles

High Hopes

American Quilt

Metropolis

Solo Acts

Upscale Avenues

High Society

Global Roots

Traditional Living

Family Portrait

Scholars & Patriots

© ESRI 2006

54

CHARLOTTEUSA POPULATION CHANGE

COUNTY ALEXANDER ANSON CABARRUS CATAWBA CHESTER CHESTERFIELD CLEVELAND GASTON

2000 33,603 25,275 131,063 141,685 34,068 42,768 96,287 190,365

2006 36,344 26,009 155,570 152,872 33,482 44,034 99,696 197,322

2011 38,581 26,388 177,243 160,661 32,732 44,829 102,391 202,614

COUNTY IREDELL LANCASTER LINCOLN MECKLENBURG ROWAN STANLY UNION YORK

2000 122,660 61,351 63,780 695,454 130,340 58,100 123,677 164,614

2006 145,970 65,083 72,491 825,175 136,469 60,166 168,442 198,269

2011 167,287 68,185 79,554 936,161 140,718 61,321 215,224 231,350

© ESRI 2006

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Charlotte USA Expressways Major Highways Railroads Airports

Charlotte Regional Economic Development Guide 2007

55


ALEXANDER COUNTY

N

ear the foothills of the Appalachian Mountains within easy distance of Interstates 40 and 77, Alexander County is poised for business expansion. County residents can have “the best of both worlds” – employment opportunities near a large urban area while enjoying small-town community life and a low cost of living. A talented work force and low property tax rates are other pluses offered by Alexander County.

ALEXANDER COUNTY POPULATION

ESRI demographic data reveals that Alexander County’s 2000 population of 33,603 rose slightly to 36,344 in 2006; 4,295 people live in Bethlehem, the county’s largest city. In 2011, county population figures are expected to increase to 38,581. The expected population growth rate annually of 1.2 percent is in line with the national growth rate. Persons in age ranges are fairly evenly distributed between 2534, 35-44 and 45-54 years at 13.7 percent, 16.2 percent and 14.2 percent; with the percentage 18+ years at 76.1 percent. Per U.S. Census Block Group

Employed county residents work primarily in the manufacturing, services, and retail industry sectors. According to ESRI data, Alexander County’s unemployment rate for those aged 16+ years averaged 6.0 percent in 2006.

648-966 967-1,305 1,306-1,641 1,642-2,029 2,030-2,597

© ESRI 2006

ALEXANDER COUNTY COMMUNITY™ TAPESTRY™

Income figures show a slight increase from the 2000 figure. The per capita income figure for 2000 was $18,507; $21,347 was reported in 2006, and $24,397 is the projected figure for 2011. Median household income rose from $38,622 in 2000 to the current figure of $44,608, and is expected to increase to $50,113 in 2011. Work force education data shows that 35.5 percent of county residents are high school graduates; 17.7 percent have attended more than one year of college, and 6.6 percent hold a bachelor’s degree. Residents of Alexander County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for each group found in Alexander County. • Factories & Farms: Small settled communities near jobs • American Quilt: Households in small towns and rural areas • Upscale Avenues: Prosperous, married couple homeowner families in different housing

Dominant LifeMode by U.S. Census Block Group Factories & Farms American Quilt Upscale Avenues

56

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Alexander County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Electronics & Appliance Stores and the Motor Vehicle & Parts Dealers sectors.

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NC

Alexander County David A. Icenhour, Economic Development Director 621 Liledoun Rd. • Taylorsville, NC 28681 828-632-1161 phone • 828-632-0059 fax dicenhour@alexandercountync.gov www.alexanderedc.org

P O P U L AT I O N

ALEXANDER COUNTY

Largest City: Bethlehem • Population: 4,295 • Total County Population: 36,344

LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR

Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . . .33,603 . . . . . . . . . . . . . . . . .36.6 2006 . . . . . . . . . . . . . . . . . . . . . .36,344 . . . . . . . . . . . . . . . . .38.3 2011 . . . . . . . . . . . . . . . . . . . . . .38,581 . . . . . . . . . . . . . . . . .40.2 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .1.20% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33.8% Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .30.0% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11.0% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7.8% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.8% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .3.0% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.0% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.7% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.3% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.5% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .17,327

Company (non-governmental) Employees The Mitchell Gold Company . . . . . . . . . . . . . . . . . . . . . . . . . . 715 Hancock & Moore, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500 Craftmaster Furniture Corporation . . . . . . . . . . . . . . . . . . . . . 430 Broyhill Furniture Industries, Inc.. . . . . . . . . . . . . . . . . . . . . . . 350 Schneider Mills Industries, Inc.. . . . . . . . . . . . . . . . . . . . . . . . . 290 Clayton-Marcus Furniture. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 210

43.9

Furniture & Home Furnishings Stores

$34,160,123

29.4

$5,407,588

Electronics & Appliance Stores

68.0

Bldg. Materials, Garden Equip. & Supply Stores

Health & Personal Care Stores

$8,068,952

18.8

$37,670,880

-37.6

$45,432,866

Gasoline Stations

7.0

Clothing & Clothing Accessories Stores

$43,692,372

15.1

Sporting Goods, Hobby, Book & Music Stores

$9,115,046 39.4

General Merchandise Store

$1,263,594

28.0

Miscellaneous Store Retailers

$18,910,076

9.4

Nonstore Retailers

14.6

Food Services & Drinking Places

15.4

-100 -80 -60 -40 -20

© ESRI 2006

$863,341

22.0

Food & Beverage Stores

ESRI 2006

LARGEST EMPLOYERS

Retail Sales

Motor Vehicle & Parts Dealers

0

$3,784,824 $2,536,244 $31,307,932

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

ALEXANDER COUNTY MEDIAN HOUSEHOLD INCOME

Alexander County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 18,348 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 17,327 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .2,773 . . . . . . . . . . . . . . .12.2% 9th to 12th Grade, No Diploma .4,341 . . . . . . . . . . . . . . .19.1% High School Graduate . . . . . . . . .8,069 . . . . . . . . . . . . . . .35.5% Some College, No Degree . . . . . .4,023 . . . . . . . . . . . . . . .17.7% Associate Degree . . . . . . . . . . . . .1,409 . . . . . . . . . . . . . . . .6.2% Bachelor's Degree . . . . . . . . . . . .1,500 . . . . . . . . . . . . . . . .6.6% Master's/Prof/Doctorate Degree . .591 . . . . . . . . . . . . . . . .2.6% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .22,729 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$30,338-$33,382

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$38,622 . . . . . . . . . . . . . .$18,507 2006 . . . . . . . . . . . . . . . . . . . . .$44,608 . . . . . . . . . . . . . .$21,347 2011 . . . . . . . . . . . . . . . . . . . . .$50,113 . . . . . . . . . . . . . .$24,397 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$33,383-$42,121 $42,122-$44,126 $44,127-$51,650 © ESRI 2006

$51,651-$63,632

57


ANSON COUNTY

I

n the rolling hills of North Carolina’s Piedmont region, Anson County is struggling to regain its business strength after the loss of the area’s textile industry. A welcoming business environment, a low cost of living, a willing work force, and a rich history that dates back to the 1700s, are just a few of the advantages that Anson County offers to businesses, residents, and visitors.

ANSON COUNTY POPULATION

ESRI demographic data notes that Anson County’s population shows very little growth from 2000 with a figure of 25,275 to the 2006 figure of 26,009. The projected figure for 2011 shows the population at 26,388. At 0.29 percent, Anson County’s annual population growth rate is below the annual national growth rate of 1.2 percent. The population for Wadesboro, Anson County’s largest city is 3,632. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 13.3 percent, 14.7 percent and 14.3 percent; with the percentage 18+ years at 76.3 percent.

Per U.S. Census Block Group

Work force education data shows that more than 38 percent of the population have graduated from high school; 17 percent have attended more than one year of college, and 6.6 percent hold a bachelor’s degree.

541-804 805-1,070 1,071-1,312 1,313-1,502 1,503-2,139

© ESRI 2006

ANSON COUNTY COMMUNITY™ TAPESTRY™

Industry sectors such as services, manufacturing, and retail provide jobs for most of the 10,380 county residents who are working. According to ESRI data, Anson County’s unemployment rate for those aged 16+ years averaged 9.0 percent in 2006. Income has risen very slowly; per capita income for 2000 was $14,853; the 2006 figure is $17,813, and the projected figure for 2011 is $20,394. Median household income has seen a similar slow increase; $29,842 in 2000; $35,070 for 2006, and $39,124 is projected for 2011. Residents of Anson County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for each group found in Anson County. • Factories & Farms: Small settled communities near jobs • Senior Styles: Seniors vary by income, age, housing type • Metropolis: Varied ages and household types in America’s large and small cities • Traditional Living: Hard working, settled families

Dominant LifeMode by U.S. Census Block Group Factories & Farms Senior Styles Metropolis Traditional Living

58

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Anson County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Electronics & Appliance Stores and Nonstore Retailers (catalog, Internet, mail and phone orders) sectors.

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NC

Anson County Economic Development Andy Lucas, County Manager 114 North Greene St. • Wadesboro, NC 28170 704-694-2796 phone • 704-694-7015 fax alucas@co.anson.nc.us www.ansonedc.org

P O P U L AT I O N Largest City: Wadesboro • Population: 3,632 • Total County Population: 26,009 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . . .25,275 . . . . . . . . . . . . . . . . .36.6 2006 . . . . . . . . . . . . . . . . . . . . . .26,009 . . . . . . . . . . . . . . . . .38.1 2011 . . . . . . . . . . . . . . . . . . . . . .26,388 . . . . . . . . . . . . . . . . .39.7 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .0.29% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35.1% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24.5% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10.6% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8.0% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.5% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.7% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.6% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.7% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .2.4% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.8% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .10,380

ANSON COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR

Company (non-governmental)

Employees

Hornwood . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 250 Wade Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200 Coffing Hoists . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 175 Triangle Brick . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125 CMH Flooring Products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125

32.3

Furniture & Home Furnishings Stores

$25,972,507

41.3

$2,394,397

Electronics & Appliance Stores

79.7

Bldg. Materials, Garden Equip. & Supply Stores

$3,592,439

20.5

Health & Personal Care Stores

$26,072,454

14.9

Gasoline Stations

$5,694,089

6.7

Clothing & Clothing Accessories Stores

$25,739,943 25.6

Sporting Goods, Hobby, Book & Music Stores

$4,577,686

39.7

General Merchandise Store

$408,949

34.0

Miscellaneous Store Retailers

16.2

Nonstore Retailers

47.3

Food Services & Drinking Places

$10,797,948 $1,690,447

47.3

$157,695

8.8

-100 -80 -60 -40 -20

© ESRI 2006

$227,089

33.3

Food & Beverage Stores

ESRI 2006

LARGEST EMPLOYERS

Retail Sales

Motor Vehicle & Parts Dealers

0

$19,522,989

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

ANSON COUNTY MEDIAN HOUSEHOLD INCOME

Anson County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 11,365 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . 10,380 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .1,565 . . . . . . . . . . . . . . . .9.3% 9th to 12th Grade, No Diploma 3,449 . . . . . . . . . . . . . . .20.5% High School Graduate . . . . . . . . .6,460 . . . . . . . . . . . . . . .38.4% Some College, No Degree . . . . . .2,860 . . . . . . . . . . . . . . .17.0% Associate Degree . . . . . . . . . . . . . .942 . . . . . . . . . . . . . . . .5.6% Bachelor's Degree . . . . . . . . . . . .1,110 . . . . . . . . . . . . . . . .6.6% Master's/Prof/Doctorate Degree . .437 . . . . . . . . . . . . . . . .2.6% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16,824 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$17,986-$21,087

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$29,842 . . . . . . . . . . . . . .$14,853 2006 . . . . . . . . . . . . . . . . . . . . .$35,070 . . . . . . . . . . . . . .$17,813 2011 . . . . . . . . . . . . . . . . . . . . .$39,124 . . . . . . . . . . . . . .$20,394 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$21,088-$31,879 $31,880-$37,259 $37,260-$41,719 © ESRI 2006

$41,720-$48,355

59


CABARRUS COUNTY

M

ajor transportation corridors, urban areas, a talented work force, and an excellent quality of life are favorable conditions for the continued growth of Cabarrus County. The draw of NASCAR fans to races at Lowe’s Motor Speedway has increased revenues from tourism in addition to the more traditional industry sectors.

CABARRUS COUNTY POPULATION

ESRI population figures show consistent growth from 131,063 in 2000, to the current figure of 155,570, and the projected increase of 177,243 in 2011. The annual population growth rate of 2.64 percent is higher than the national annual growth rate of 1.2 percent. Concord is the county’s largest city with a population of 66,516. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 13.8 percent, 16.2 percent and 14.8 percent; with the percentage 18+ years at 75.1 percent. Work force education data shows that more than 30 percent of the population are high school graduates; 21.9 percent have attended more than one year of college, and more than 14.4 percent hold a bachelor’s degree.

Per U.S. Census Block Group

The services, manufacturing, retail, and construction industry sectors provide employment for most of the county residents who are working. According to ESRI data, Cabarrus County’s unemployment rate for those aged 16+ years averaged 6.0 percent in 2006.

385-1,348 1,349-2,131 2,132-3,322 3,323-5,597 5,598-10,005

© ESRI 2006

CABARRUS COUNTY COMMUNITY™ TAPESTRY™

Per capita and household median income figures show consistent increases. In 2000, the per capita income was $21,121; in 2006, the figure was $26,590, and the projection for 2011 is $32,115. Median household income has slowly increased: the figure in 2000 was $46,166; in 2006, the amount rose to $56,310; and the projection for 2011 is $65,678. Residents of Cabarrus County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for each group that is found in Cabarrus County: • Factories & Farms: Small settled communities near jobs • Upscale Avenues: Prosperous, married couple homeowner families in different housing • American Quilt: Households in small towns and rural areas • Senior Styles: Seniors vary by income, age, housing type • Traditional Living: Hard working, settled families • Family Portrait: Youth, family life and children • High Hopes: Young, striving households seeking the “American Dream” • Global Roots: Ethnic diversity, age and median income • High Society: Affluent, well educated, married couple homeowner families • Metropolis: Varied ages and household types in America’s large and small cities

Dominant LifeMode by U.S. Census Block Group Factories & Farms Upscale Avenues American Quilt Senior Styles Traditional Living Family Portrait High Hopes Global Roots High Society Metropolis

60

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Cabarrus County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Electronics & Appliance Stores and Furniture & Home Furnishings Stores sectors.

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NC

Cabarrus County Economic Development Ryan McDaniels, Director of Economic Development 3003 Dale Earnhardt Blvd. • Kannapolis, NC 28083 704-782-4000 phone • 704-782-4050 fax rmcdaniels@cabarrus.biz www.cabarrusedc.com

P O P U L AT I O N Largest City: Concord • Population: 66,516 • Total County Population: 155,570 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . .131,063 . . . . . . . . . . . . . . . . .35.4 2006 . . . . . . . . . . . . . . . . . . . . .155,570 . . . . . . . . . . . . . . . . .36.9 2011 . . . . . . . . . . . . . . . . . . . . .177,243 . . . . . . . . . . . . . . . . .38.2 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .2.64% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37.7% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13.6% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13.6% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9.9% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .8.2% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6.0% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.0% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.9% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.3% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.7% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .76,104

CABARRUS COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR Motor Vehicle & Parts Dealers

Retail Sales -16.3

$556,207,269

Furniture & Home Furnishings Stores

25.9

Electronics & Appliance Stores

34.4

Bldg. Materials, Garden Equip. & Supply Stores

$59,537,476 18.3

$107,699,865 8.8

$141,650,813 -24.7

$256,164,318 -8.9

Nonstore Retailers

LARGEST EMPLOYERS Company (non-governmental)

Employees

Philip Morris USA. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,600

$10,463,696

4.1

-100 -80 -60 -40 -20

© ESRI 2006

$31,964,167 17.1

Food Services & Drinking Places

Northeast Medical Center. . . . . . . . . . . . . . . . . . . . . . . . . . . 4,200

$40,204,068

-2.3

Miscellaneous Store Retailers

ESRI 2006

$166,165,897

-21.1

Sporting Goods, Hobby, Book & Music Stores General Merchandise Store

$153,180,584

-21.4

Gasoline Stations Clothing & Clothing Accessories Stores

$16,783,138

-0.6

Food & Beverage Stores Health & Personal Care Stores

$30,395,987

0

$203,060,494

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Wal-Mart Stores, Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,200 Pass & Seymour. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 680

CABARRUS COUNTY MEDIAN HOUSEHOLD INCOME

CT Communications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 631 Cabarrus County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 80,524 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 76,104 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .6,592 . . . . . . . . . . . . . . . .7.6% 9th to 12th Grade, No Diploma 12,316 . . . . . . . . . . . . . . .14.2% High School Graduate . . . . . . . .26,106 . . . . . . . . . . . . . . .30.1% Some College, No Degree . . . . .18,994 . . . . . . . . . . . . . . .21.9% Associate Degree . . . . . . . . . . . . .6,158 . . . . . . . . . . . . . . . .7.1% Bachelor's Degree . . . . . . . . . . .12,489 . . . . . . . . . . . . . . .14.4% Master's/Prof/Doctorate Degree .4,076 . . . . . . . . . . . . . . . .4.7% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .86,732 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$25,116-$34,555

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$46,166 . . . . . . . . . . . . . .$21,121 2006 . . . . . . . . . . . . . . . . . . . . .$56,310 . . . . . . . . . . . . . .$26,590 2011 . . . . . . . . . . . . . . . . . . . . .$65,678 . . . . . . . . . . . . . .$32,115 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$34,556-$45,327 $45,328-$54,708 $54,709-$70,280 © ESRI 2006

$70,281-$89,652

61


C ATAW B A COUNTY

N

ear the foothills of North Carolina’s Blue Ridge Mountains, Catawba County has long been known for its manufacturing capabilities in furniture, textiles, and hosiery. Employment opportunities at these traditional industries are expanding by technology sectors such as fiber optics and telecommunications cable.

CATAWBA COUNTY POPULATION

ESRI demographic data shows Hickory is the county’s largest city with a 2006 population of 38,102. County population figures show a modest increase; in 2000, 141,685; in 2006, the figures increased to 152,872 , and the projection for 2011 shows 160,661. The annual population growth rate is 1.00 percent, slightly lower than the national growth rate of 1.2 percent. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 14.2 percent, 15.3 percent and 14.6 percent; with the percentage 18+ years at 77.1 percent. Work force education data shows that 31.3 percent of county residents have graduated from high school; nearly 20 percent have attended college for more than one year, and 12.3 percent hold a bachelor’s degree.

Per U.S. Census Block Group

The services, manufacturing, retail, and construction industry sectors supply most of the jobs for county residents who are working. According to ESRI data, Catawba County’s unemployment rate for those aged 16+ years averaged 6.0 percent in 2006.

65-793 794-1,404 1,405-1,933 1,934-2,738 2,739-3,802

© ESRI 2006

CATAWBA COUNTY COMMUNITY™ TAPESTRY™

Incomes have grown modestly since 2000. The per capita income figure for 2000 was $20,358; in 2006 that rose to $24,237, and the projected figure for 2011 is $28,143. Median household income was $40,554 in 2000, $47,859 in 2006 and projected to be $54,260 in 2011. Residents of Catawba County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for each group that is found in Catawba County. • Factories & Farms: Small settled communities near jobs • Upscale Avenues: Prosperous, married couple homeowner families in different housing • American Quilt: Households in small towns and rural areas • Traditional Living: Hard working, settled families • High Hopes: Young, striving households seeking the “American Dream” • Senior Styles: Seniors vary by income, age, housing type • Global Roots: Ethnic diversity, age and median income • Solo Acts: Singles who prefer city life • High Society: Affluent, well educated, married couple homeowner families • Metropolis: Varied ages and household types in America’s large and small cities • Family Portrait: Youth, family life and children

Dominant LifeMode by U.S. Census Block Group

62

Factories & Farms

High Hopes

Upscale Avenues

Senior Styles

Metropolis

American Quilt

Global Roots

Family Portrait

Traditional Living

Solo Acts

High Society

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Catawba County. This data concludes that current retail offerings are meeting the consumer demand across most of the surveyed industry sectors. The most significant surpluses occur in the Furniture & Home Furnishings Stores; Sporting Goods, Hobby, Book & Music Stores and Miscellaneous Store Retailers sectors.

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NC

Catawba County Economic Development Corporation Scott L. Millar, President 1960-B 13th Avenue Dr., SE • Hickory, NC 28602 828-267-1564 phone • 828-267-1884 fax smillar@catawbacountync.gov www.catawbaedc.org

P O P U L AT I O N Largest City: Hickory • Population: 38,102 • Total County Population: 152,872 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . .141,685 . . . . . . . . . . . . . . . . .36.1 2006 . . . . . . . . . . . . . . . . . . . . .152,872 . . . . . . . . . . . . . . . . .38.1 2011 . . . . . . . . . . . . . . . . . . . . .160,661 . . . . . . . . . . . . . . . . .39.8 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .1.00% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33.6% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29.8% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13.0% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6.6% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.7% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.6% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .3.9% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.3% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.0% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.5% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .72,293 ESRI 2006

Employees

Furniture & Home Furnishings Stores

-22.6

$157,224,299 -3.4

Bldg. Materials, Garden Equip. & Supply Stores

Sporting Goods, Hobby, Book & Music Stores

Food Services & Drinking Places

$141,106,753 -10.0

$232,048,336

-27.1

$135,993,452

-43.5

$75,729,424 -20.2

$240,197,790

-41.1

$68,804,142 -12.5

$95,751,055

-17.9

-100 -80 -60 -40 -20

© ESRI 2006

$249,411,588

-37.3

General Merchandise Store Miscellaneous Store Retailers

$72,938,680

-11.3

Gasoline Stations Clothing & Clothing Accessories Stores

$38,492,622

-16.7

Food & Beverage Stores Health & Personal Care Stores

$601,807,912

-49.3

Electronics & Appliance Stores

Frye Regional Medical Center. . . . . . . . . . . . . . . . . . . . . . . 1,000+ CommScope, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000+

Retail Sales

Motor Vehicle & Parts Dealers

Nonstore Retailers

LARGEST EMPLOYERS Company (non-governmental)

CATAWBA COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR

$271,192,520 0

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Catawba Memorial Hospital . . . . . . . . . . . . . . . . . . . . . . . . 1,000+ Hickory Springs Manufacturing . . . . . . . . . . . . . . . . . . . . . 1,000+

CATAWBA COUNTY MEDIAN HOUSEHOLD INCOME

Century Furniture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000+ Catawba County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . 77,155 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . 72,293 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .8,053 . . . . . . . . . . . . . . . .8.5% 9th to 12th Grade, No Diploma 15,823 . . . . . . . . . . . . . . .16.7% High School Graduate . . . . . . . .29,656 . . . . . . . . . . . . . . .31.3% Some College, No Degree . . . . .18,476 . . . . . . . . . . . . . . .19.5% Associate Degree . . . . . . . . . . . . .6,632 . . . . . . . . . . . . . . . .7.0% Bachelor's Degree . . . . . . . . . . .11,654 . . . . . . . . . . . . . . .12.3% Master's/Prof/Doctorate Degree .4,453 . . . . . . . . . . . . . . . .4.7% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .94,747 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$23,540-$37,589

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$40,554 . . . . . . . . . . . . . .$20,358 2006 . . . . . . . . . . . . . . . . . . . . .$47,859 . . . . . . . . . . . . . .$24,237 2011 . . . . . . . . . . . . . . . . . . . . .$54,260 . . . . . . . . . . . . . .$28,143 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$37,590-$47,540 $47,541-$57,401 $57,402-$83,455 © ESRI 2006

$83,456-$172,169

63


CHESTER COUNTY

T

he welcome mat is out in Chester County for businesses, residents, and visitors, so “Ya’ll come!” Southern hospitality and charm are personified in the county’s small towns and farms. Centered between the Charlotte, N.C., Columbia, S.C., and Greenville-Spartanburg, S.C. metropolitan areas, Chester County is strategically located for commercial growth. A variety of industry sectors provide job opportunities for the reliable local work force.

CHESTER COUNTY POPULATION

ESRI demographic data shows Chester, the county’s largest city, has a population of 6,174. The county population has remained stagnant since 2000, when the figure was 34,068. In 2006, the population dropped very slightly to 33,482, and in 2011, the figure is projected to be 32,732. The annual population growth rate is -0.45 percent, lower than the national figure of 1.2 percent. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 12.8 percent, 14.3 percent and 14.5 percent; with the percentage 18+ years at 75.2 percent.

Per U.S. Census Block Group

The services, manufacturing, retail, and construction industry sectors are providing jobs to most county residents who are working. According to ESRI data, Chester County’s unemployment rate for those aged 16+ years averaged 14.0 percent in 2006.

613-765 766-927 928-1,177 1,178-1,476 1,477-1,844

© ESRI 2006

CHESTER COUNTY COMMUNITY™ TAPESTRY™

Work force education data shows that nearly 36.1 percent of county residents are high school graduates; 16 percent have attended more than one year of college, and 6.1 percent hold a bachelor’s degree. Figures show very slight increases for per capita and household median incomes: 2000 per capita income was $14,709; in 2006 the figure was $18,192, and the projected figure for 2011 is $21,253. Median household income rose from $32,547 in 2000 to $38,523 in 2006, and is projected at $43,566 for 2011. Residents of Chester County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for each group that is found in Chester County: • Factories & Farms: Small settled communities near jobs • Metropolis: Varied ages and household types in America’s large and small cities • American Quilt: Households in small towns and rural areas • Senior Styles: Seniors vary by income, age, housing type • Traditional Living: Hard working, settled families

Dominant LifeMode by U.S. Census Block Group Factories & Farms Metropolis American Quilt Senior Styles Traditional Living

64

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Chester County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Electronics & Appliance Stores and Motor Vehicle & Parts Dealers sectors. A surplus appears in the Furniture & Home Furnishing Stores sector.

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SC

Chester County Economic Development Karlisa Parker, Economic Development Director 121 Main, P.O. Drawer 580 • Chester, SC 29706 803-377-1216 phone • 803-377-2102 fax kparker@choosechester.com www.chestercounty.org

P O P U L AT I O N Largest City: Chester • Population: 6,174 • Total County Population: 33,482 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . . .34,068 . . . . . . . . . . . . . . . . .36.0 2006 . . . . . . . . . . . . . . . . . . . . . .33,482 . . . . . . . . . . . . . . . . .37.6 2011 . . . . . . . . . . . . . . . . . . . . . .32,732 . . . . . . . . . . . . . . . . .39.1 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .-0.45% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35.0% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .26.4% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10.9% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8.9% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.3% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.8% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.4% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .3.1% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.0% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.4% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .14,142

CHESTER COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR

Furniture & Home Furnishings Stores

Company (non-governmental)

Employees

$30,219,291 63.0

$3,269,323

14.0

Health & Personal Care Stores

$22,271,981

8.5

$4,935,524

-6.7

$48,995,201

Clothing & Clothing Accessories Stores

27.8

Sporting Goods, Hobby, Book & Music Stores

$5,724,248

3.1

General Merchandise Store

$1,439,082

7.7

Miscellaneous Store Retailers

$43,589,128

2.9

$1,727,998

Nonstore Retailers

17.9

Food Services & Drinking Places

15.2

-100 -80 -60 -40 -20

© ESRI 2006

$924,520

37.6

Food & Beverage Stores

Gasoline Stations

$18,745,770

-41.7

Bldg. Materials, Garden Equip. & Supply Stores

Springs Industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,092 Cultured Stone . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600

55.0

Electronics & Appliance Stores

ESRI 2006

LARGEST EMPLOYERS

Retail Sales

Motor Vehicle & Parts Dealers

0

$1,115,264 $22,604,088

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Chester Wood Products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350 Guardian Industries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300

CHESTER COUNTY MEDIAN HOUSEHOLD INCOME

Superior Essex. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 250 Chester County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 16,447 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 14,142 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .2,425 . . . . . . . . . . . . . . .11.0% 9th to 12th Grade, No Diploma .4,827 . . . . . . . . . . . . . . .21.9% High School Graduate . . . . . . . . .7,958 . . . . . . . . . . . . . . .36.1% Some College, No Degree . . . . . .3,527 . . . . . . . . . . . . . . .16.0% Associate Degree . . . . . . . . . . . . .1,190 . . . . . . . . . . . . . . . .5.4% Bachelor's Degree . . . . . . . . . . . .1,345 . . . . . . . . . . . . . . . .6.1% Master's/Prof/Doctorate Degree . .749 . . . . . . . . . . . . . . . .3.4% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .22,043 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$22,574-$26,672

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$32,547 . . . . . . . . . . . . . .$14,709 2006 . . . . . . . . . . . . . . . . . . . . .$38,523 . . . . . . . . . . . . . .$18,192 2011 . . . . . . . . . . . . . . . . . . . . .$43,566 . . . . . . . . . . . . . .$21,253 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$26,673-$32,955 $32,956-$38,966 $38,967-$44,063 © ESRI 2006

$44,064-$50,345

65


CHESTERFIELD COUNTY

A

lthough rich in history and tradition, Chesterfield County has its eye on tomorrow. A businessfriendly environment, a talented work force, and easy access to transportation hubs, place Chesterfield County at the forefront of areas poised for business growth.

CHESTERFIELD COUNTY POPULATION

ESRI demographic data notes that Chesterfield County’s largest town is Cheraw with a population of 5,510. The county’s population shows a very slight increase from the 2000 figure of 42,768 people to an increase in 2006 to 44,034. The projected figure for 2011 is 44,829. The expected annual population growth rate is 0.36 percent, lower than the national growth figure of 1.2 percent annually. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 12.8 percent, 15.0 percent and 14.5 percent; with the percentage 18+ years at 75.2 percent. The services, manufacturing, retail, and construction industry sectors provide most of the job opportunities for those who are working. According to ESRI data, Chesterfield County’s unemployment rate for those aged 16+ years averaged 16.0 percent in 2006.

Per U.S. Census Block Group 708-863 864-1,064 1,065-1,315 1,316-1,772 1,773-2,211

© ESRI 2006

CHESTERFIELD COUNTY COMMUNITY™ TAPESTRY™

Work force education data shows that 34.5 percent of the county residents have graduated from high school; more than 15 percent have attended more than one year of college, and 6.6 percent hold a bachelor’s degree. Per capita and median household income show slight increases. In 2000, the per capita income was $14,233, increasing in 2006 to $17,647, and projected for 2011 to $20,740. The county’s median household income showed similar small increases. In 2000, the figure was $29,509; in 2006, it rose to $35,234, and is projected to $40,524 in 2011. Residents of Chesterfield County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for each group found in Chesterfield County. • Factories & Farms: Small settled communities near jobs • Senior Styles: Seniors vary by income, age, housing type • American Quilt: Households in small towns and rural areas • Metropolis: Varied ages and household types in America’s large and small cities • Family Portrait: Youth, family life and children • Traditional Living: Hard working, settled families

Dominant LifeMode by U.S. Census Block Group Factories & Farms Senior Styles American Quilt Metropolis Family Portrait Traditional Living

66

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Chesterfield County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages in Chesterfield County occur in the Furniture & Home Furnishings Stores; Electronics & Appliance Stores; & the Motor Vehicle & Parts Dealers; and Building Materials, Garden Equipment & Supply Stores sectors. A surplus appears in the Miscellaneous Store Retailers.

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SC

Chesterfield County Economic Development Board Cherry G. McCoy, Executive Director P.O. Box 192 • Chesterfield, SC 29709 843-623-6500 phone • 843-623-3167 fax cherryatcc@shtc.net www.chesterfieldcountysc.org

P O P U L AT I O N Largest City: Cheraw • Population: 5,510 • Total County Population: 44,034 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . . .42,768 . . . . . . . . . . . . . . . . .35.7 2006 . . . . . . . . . . . . . . . . . . . . . .44,034 . . . . . . . . . . . . . . . . .37.8 2011 . . . . . . . . . . . . . . . . . . . . . .44,829 . . . . . . . . . . . . . . . . .39.8 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .0.36% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .32.3% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27.6% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13.3% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8.1% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.4% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .3.8% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.6% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.8% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.0% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.2% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .16,475

CHESTERFIELD COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR 28.4

35.6

$2,577,046

Electronics & Appliance Stores

34.1

$2,136,654

Bldg. Materials, Garden Equip. & Supply Stores

28.4

Food & Beverage Stores Health & Personal Care Stores

$57,417,189

-15.6

$12,942,027

Gasoline Stations

-3.6

Clothing & Clothing Accessories Stores

-1.2

Sporting Goods, Hobby, Book & Music Stores

-5.7

General Merchandise Store

-3.8

Miscellaneous Store Retailers

Employees

$51,267,211 $4,499,298 $2,952,113 $72,796,812

-25.2

$5,039,027

Conbraco Industries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 732

13.7

Food Services & Drinking Places

© ESRI 2006

$8,428,189

22.2

-100 -80 -60 -40 -20

INA USA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . N/A

$5,824,377

-1.8

Nonstore Retailers

LARGEST EMPLOYERS

$47,854,773

Furniture & Home Furnishings Stores

ESRI 2006

Company (non-governmental)

Retail Sales

Motor Vehicle & Parts Dealers

0

$20,718,208

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Wal-Mart Distribution Center . . . . . . . . . . . . . . . . . . . . . . . . . 729 A.O. Smith Water Products Corporation. . . . . . . . . . . . . . . . . 469

CHESTERFIELD COUNTY MEDIAN HOUSEHOLD INCOME

Highland Industries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 341 Chesterfield County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 19,565 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 16,475 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .3,666 . . . . . . . . . . . . . . .13.2% 9th to 12th Grade, No Diploma .5,998 . . . . . . . . . . . . . . .21.6% High School Graduate . . . . . . . . .9,580 . . . . . . . . . . . . . . .34.5% Some College, No Degree . . . . . .4,249 . . . . . . . . . . . . . . .15.3% Associate Degree . . . . . . . . . . . . .1,555 . . . . . . . . . . . . . . . .5.6% Bachelor's Degree . . . . . . . . . . . .1,833 . . . . . . . . . . . . . . . .6.6% Master's/Prof/Doctorate Degree . .833 . . . . . . . . . . . . . . . .3.0% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27,769 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$12,908-$19,642

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$29,509 . . . . . . . . . . . . . .$14,233 2006 . . . . . . . . . . . . . . . . . . . . .$35,234 . . . . . . . . . . . . . .$17,647 2011 . . . . . . . . . . . . . . . . . . . . .$40,524 . . . . . . . . . . . . . .$20,740 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$19,643-$32,520 $32,521-$38,568 $38,569-$46,285 © ESRI 2006

$46,286-$55,721

67


CLEVELAND COUNTY

T

he strategic location between the Carolinas’ two largest metro areas – Charlotte, N.C., and Greenville/Spartanburg, S.C. – provides Cleveland County with multiple opportunities for business expansion. Easy access to interstate transportation, diversified industry sectors, low cost of living, and a large labor force are just a few advantages offered to existing and prospective Cleveland County residents and businesses.

CLEVELAND COUNTY POPULATION

ESRI demographic data reveals that Shelby, Cleveland County’s largest city, has a 2006 population of 19,313. In 2000, the total county population was 96,287; that figure grew slightly in 2006 to 99,696, and in 2011, is projected to be 102,391. The county’s population annual growth rate is 0.53 percent, somewhat lower than the national annual figure of 1.2 percent. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 12.8 percent, 14.9 percent and 14.2 percent; with the percentage 18+ years at 75.7 percent. Work force education data shows that 34.1 percent of county residents are high school graduates; 17.9 percent have attended more than one year of college, and 9.0 percent hold a bachelor’s degree.

Per U.S. Census Block Group 571-946 947-1,280 1,281-1,561 1,562-2,095 2,096-2,833

© ESRI 2006

Per capita and median household income figures show very slight increases. In 2000, the per capita income was $17,395; in 2006, it rose to $20,810, and it projected to be $23,863 in 2011. In 2000, the median household income was $35,294; rising to $40,777 in 2006, with a projected increase to $45,671 in 2011.

CLEVELAND COUNTY COMMUNITY™ TAPESTRY™ The services, manufacturing, retail trade, and construction industry sectors provide most of the job opportunities for Cleveland County workers. According to ESRI data, the unemployment rate for those aged 16+ years averaged 9.0 percent in 2006.

Dominant LifeMode by U.S. Census Block Group Factories & Farms Senior Styles American Quilt

Residents of Cleveland County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for each group found in Cleveland County.

Upscale Avenues Traditional Living Metropolis High Hopes

• Factories & Farms: Small settled communities near jobs • Senior Styles: Seniors vary by income, age, housing type • American Quilt: Households in small towns and rural areas • Upscale Avenues: Prosperous, married couple homeowner families in different housing • Traditional Living: Hard working, settled families • Metropolis: Varied ages and household types in America’s large and small cities • High Hopes: Young, striving households seeking the “American Dream”

© ESRI 2006

68

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Cleveland County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Electronics & Appliance Stores; Clothing & Clothing Accessories Stores; and the Motor Vehicle & Parts Dealers sector. A surplus appears in the Building Materials, Garden Equipment & Supply Stores and Miscellaneous Store Retailers sector.

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NC

Cleveland County Chamber of Commerce Dave Hart, Vice President Economic Development P.O. Box 879 • Shelby, NC 28151 704-487-8521 phone • 704-487-7458 fax dave@clevelandchamber.org www.clevelandchamber.org

P O P U L AT I O N Largest City: Shelby • Population: 19,313 • Total County Population: 99,696 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . . .96,287 . . . . . . . . . . . . . . . . .36.5 2006 . . . . . . . . . . . . . . . . . . . . . .99,696 . . . . . . . . . . . . . . . . .38.2 2011 . . . . . . . . . . . . . . . . . . . . .102,391 . . . . . . . . . . . . . . . . .39.9 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .0.53% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37.0% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .26.0% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12.1% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7.7% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.3% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.7% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .3.6% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.3% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.1% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.0% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .41,674 ESRI 2006

Retail Sales

Motor Vehicle & Parts Dealers

25.7

Furniture & Home Furnishings Stores Electronics & Appliance Stores Bldg. Materials, Garden Equip. & Supply Stores

Employees

Sara Lee Intimate Apparel . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000

$84,474,507 1.1

$107,617,084

-16.4

$37,194,478

Gasoline Stations

3.0

Clothing & Clothing Accessories Stores

$110,349,443 26.7

Sporting Goods, Hobby, Book & Music Stores

-5.2

General Merchandise Store

-3.7

$15,484,887 $5,997,434 $190,286,941

-41.2

$12,700,050 6.9

Food Services & Drinking Places

$14,382,190 21.5

-100 -80 -60 -40 -20

© ESRI 2006

$4,836,068

-41.2

Health & Personal Care Stores

Wal-Mart Distribution Center. . . . . . . . . . . . . . . . . . . . . . . . 1,100

$15,400,380 48.5

Food & Beverage Stores

Miscellaneous Store Retailers

$126,184,841

21.1

Nonstore Retailers

LARGEST EMPLOYERS Company (non-governmental)

CLEVELAND COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR

0

$66,731,951

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Eaton Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 650 PPG Fiber Glass Products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 550

CLEVELAND COUNTY MEDIAN HOUSEHOLD INCOME

Entertainment Development Corporation . . . . . . . . . . . . . . . 550 Cleveland County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 45,566 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 41,674 Unemloyment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .5,832 . . . . . . . . . . . . . . . .9.2% 9th to 12th Grade, No Diploma 11,792 . . . . . . . . . . . . . . .18.6% High School Graduate . . . . . . . .21,618 . . . . . . . . . . . . . . .34.1% Some College, No Degree . . . .11,348 . . . . . . . . . . . . . . .17.9% Associate Degree . . . . . . . . . . . . .4,438 . . . . . . . . . . . . . . . .7.0% Bachelor's Degree . . . . . . . . . . . .5,706 . . . . . . . . . . . . . . . .9.0% Master's/Prof/Doctorate Degree .2,726 . . . . . . . . . . . . . . . .4.3% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .63,396 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$12,931-$27,647

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$35,294 . . . . . . . . . . . . . .$17,395 2006 . . . . . . . . . . . . . . . . . . . . .$40,777 . . . . . . . . . . . . . .$20,810 2011 . . . . . . . . . . . . . . . . . . . . .$45,671 . . . . . . . . . . . . . .$23,863 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$27,648-$37,604 $37,605-$45,174 $45,175-$54,924 © ESRI 2006

$54,925-$79,792

69


GASTON COUNTY

J

ust west of Charlotte with easy access to the airport and interstates, Gaston County offers businesses and residents many advantages of small-town life with adjacent big-city amenities. Job opportunities, a talented work force, and a low cost of living are attracting prospective companies to the area.

GASTON COUNTY POPULATION

ESRI demographic data notes that the 2006 population for Gastonia, Gaston County’s largest city, was 67,782. The total county population figures show a modest growth from 2000 when the population was 190,365. In 2006, the population was 197,322, and the projection for 2011 is a population of 202,614. The population annual growth rate of 0.53 percent is lower than the national figure of 1.2 percent annually. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 13.8 percent, 15.3 percent and 14.7 percent; with the percentage 18+ years at 76.5 percent. Work force education data shows that nearly 30 percent of county residents have graduated from high school; 21.3 percent have attended more than one year of college, and 10.3 percent hold a bachelor’s degree. According to ESRI data, the county’s unemployment rate for those aged 16+ years averaged 7.0 percent in 2006.

Per U.S. Census Block Group 528-784 785-1,045 1,046-1,453 1,454-2,040 2,041-3,524

© ESRI 2006

GASTON COUNTY COMMUNITY™ TAPESTRY™

Factories & Farms Traditional Living Senior Styles American Quilt Upscale Avenues High Hopes Metropolis High Society Family Portrait Solo Acts

70

Residents of Gaston County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for each group found in Gaston County. • Factories & Farms: Small settled communities near jobs • Traditional Living: Hard working, settled families • Senior Styles: Seniors vary by income, age, housing type • American Quilt: Households in small towns and rural areas • Upscale Avenues: Prosperous, married couple homeowner families in different housing ��� High Hopes: Young, striving households seeking the “American Dream” • Metropolis: Varied ages and household types in America’s large and small cities • High Society: Affluent, well educated, married couple homeowner families • Family Portrait: Youth, family life and children • Solo Acts: Singles who prefer city life • Global Roots: Ethnic diversity, age and median income

Dominant LifeMode by U.S. Census Block Group

Global Roots

Per capita and median household income figures show modest increases from 2000 when the per capita income was $19,225, increasing to $23,575 in 2006, and projected to be $28,109 in 2011. Median household income in 2000 was $39,476, rising to $47,468 in 2006, and projected to be $55,316 in 2011.

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Gaston County. This data concludes that current retail offerings are meeting the consumer demand across most of the surveyed industry sectors. A surplus appears in the Health and Personal Care Stores and the Sporting Goods, Hobby, Book & Music Stores sectors. Modest leakages occur in the Nonstore Retailers and the Building Materials, Garden Equipment & Supply Stores sectors. A more significant leakage occurs in the Electronics & Appliance Stores and Furniture & Home Furnishings Stores sector.

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NC

Gaston County Economic Development Commission Donny Hicks, Executive Director P.O. Box 2339 • Gastonia, NC 28053 704-825-4046 phone • 704-825-4066 fax donny.hicks@co.gaston.nc.us www.gaston.org

P O P U L AT I O N Largest City: Gastonia • Population: 67,782 • Total County Population: 197,322 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . .190,365 . . . . . . . . . . . . . . . . .36.2 2006 . . . . . . . . . . . . . . . . . . . . .197,322 . . . . . . . . . . . . . . . . .38.0 2011 . . . . . . . . . . . . . . . . . . . . .202,614 . . . . . . . . . . . . . . . . .39.7 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .0.53% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .34.6% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21.2% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12.1% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8.8% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7.1% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .6.3% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.7% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.5% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.4% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.3% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .95,828

GASTON COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR -0.5

$455,211,281

Furniture & Home Furnishings Stores

29.6

Electronics & Appliance Stores

$268,305,194

-45.4

$255,723,301 -5.2

$248,799,717

Clothing & Clothing Accessories Stores

1.0

Employees

General Merchandise Store

-15.1

Miscellaneous Store Retailers

-16.1

$42,033,687 $487,586,119 $30,603,630

Gaston County Schools . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000+

6.3

Food Services & Drinking Places

© ESRI 2006

$15,456,923 21.3

-100 -80 -60 -40 -20

Caromont Health. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000+

$75,256,883

-27.1

Nonstore Retailers

LARGEST EMPLOYERS

$52,378,276

-5.0

Gasoline Stations

Sporting Goods, Hobby, Book & Music Stores

$15,134,890

7.1

Food & Beverage Stores Health & Personal Care Stores

$25,540,098

38.7

Bldg. Materials, Garden Equip. & Supply Stores

ESRI 2006

Company (non-governmental)

Retail Sales

Motor Vehicle & Parts Dealers

0

$153,061,127

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Wix Filtration Corporation. . . . . . . . . . . . . . . . . . . . . . . . . 1,000+ Pharr Yarns, Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000+

GASTON COUNTY MEDIAN HOUSEHOLD INCOME

Wal-Mart Associates, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000+ Gaston County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . 102,917 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 95,828 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . .12,392 . . . . . . . . . . . . . . . .9.7% 9th to 12th Grade, No Diploma 24,144 . . . . . . . . . . . . . . .18.9% High School Graduate . . . . . . . .37,813 . . . . . . . . . . . . . . .29.6% Some College, No Degree . . . . .27,210 . . . . . . . . . . . . . . .21.3% Associate Degree . . . . . . . . . . . . .8,176 . . . . . . . . . . . . . . . .6.4% Bachelor's Degree . . . . . . . . . . .13,158 . . . . . . . . . . . . . . .10.3% Master's/Prof/Doctorate Degree .4,854 . . . . . . . . . . . . . . . .3.8% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . .127,748 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$16,265-$30,946

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$39,476 . . . . . . . . . . . . . .$19,225 2006 . . . . . . . . . . . . . . . . . . . . .$47,468 . . . . . . . . . . . . . .$23,575 2011 . . . . . . . . . . . . . . . . . . . . .$55,316 . . . . . . . . . . . . . .$28,109 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$30,947-$45,000 $45,001-$57,195 $57,196-$72,790 © ESRI 2006

$72,791-$105,065

71


IREDELL COUNTY

I

n gently rolling countryside punctuated by small river valleys, Iredell County, in western North Carolina’s Piedmont Region, is growing rapidly. Lake Norman, one of North Carolina’s largest manmade lakes, is the most prominent geographic feature of southern Iredell County. Iredell County is home to many NASCAR race shops located in and around the county.

IREDELL COUNTY POPULATION

ESRI demographic data reveals that Iredell County’s 2000 population of 122,600 increased to 145,970 in 2006; 25,032 people live in Statesville, the county’s largest city. In 2011, county population figures are expected to increase to 167,287. The 2006-2011 annual population growth rate of 2.76 percent is more than twice that of the national annual growth rate of 1.2 percent. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 12.9 percent, 16.1 percent and 14.9 percent; with the percentage 18+ years at 75.1 percent. Over 67,000 people are employed, working primarily in the services, manufacturing, retail, and construction industry sectors. According to ESRI data, Iredell County’s unemployment rate for those aged 16+ years averaged 5.0 percent in 2006.

Per U.S. Census Block Group 641-1,017 1,018-1,625 1,626-2,325 2,326-3,185 3,186-4,273

© ESRI 2006

IREDELL COUNTY COMMUNITY™ TAPESTRY™

Income figures are steadily increasing. The per capita income figure for 2000 was $21,148; the current figure is $25,683, and $30,755 is the projected figure for 2011. Median household income rose from $41,970 in 2000 to the current figure of $50,773, and is expected to increase to $59,359 in 2011. Work force education data shows that 32.1 percent of county residents are high school graduates; 21.1 percent have attended more than one year of college, and more than 12.7 percent hold a bachelor’s degree. Residents of Iredell County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for the groups found in Iredell County. • Factories & Farms: Small settled communities near jobs • American Quilt: Households in small towns and rural areas • Traditional Living: Hard working, settled families • High Society: Affluent, well educated, married couple homeowner families • Senior Styles: Seniors vary by income, age, housing type • High Hopes: Young, striving households seeking the “American Dream” • Metropolis: Varied ages and household types in America’s large and small cities • Upscale Avenues: Prosperous, married couple homeowner families in different housing • Family Portrait: Youth, family life and children • Global Roots: Ethnic diversity, age and median income • Solo Acts: Singles who prefer city life

Dominant LifeMode by U.S. Census Block Group Factories & Farms American Quilt Traditional Living High Society Senior Styles High Hopes Metropolis Upscale Avenues Family Portrait Global Roots Solo Acts

72

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Iredell County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Electronics & Appliance Stores and the Furniture & Home Furnishings Stores sectors.

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Greater Statesville Development Corporation C. Michael Smith, Director of Economic Development 115 E. Front St. • Statesville, NC 28677 704-871-0062 phone • 704-871-0223 fax info@gsdc.org www.gsdc.org

P O P U L AT I O N Largest City: Statesville • Population: 25,032 • Total County Population: 145,970 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . .122,660 . . . . . . . . . . . . . . . . .36.5 2006 . . . . . . . . . . . . . . . . . . . . .145,970 . . . . . . . . . . . . . . . . .38.2 2011 . . . . . . . . . . . . . . . . . . . . .167,287 . . . . . . . . . . . . . . . . .39.5 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .2.76% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36.0% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21.2% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13.0% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9.1% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .5.3% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.1% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.1% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.6% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.4% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.1% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .67,291

IREDELL COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR Retail Sales

Motor Vehicle & Parts Dealers

-15.5

$507,641,317

Furniture & Home Furnishings Stores

27.3

Electronics & Appliance Stores Bldg. Materials, Garden Equip. & Supply Stores

Health & Personal Care Stores

$145,823,691 11.2

$101,846,323 1.1

Employees

Ingersoll-Rand Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,200

$20,145,748 1.7

$234,877,209

-24.8

$37,768,578 4.6

Food Services & Drinking Places

$28,326,446

13.5

-100 -80 -60 -40 -20

© ESRI 2006

$43,118,064

-13.0

General Merchandise Store

Lowe’s Companies,Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,117

$191,869,350

10.8

Nonstore Retailers

LARGEST EMPLOYERS

$163,062,774

-25.7

Clothing & Clothing Accessories Stores

Miscellaneous Store Retailers

$11,317,409

-40.1

Gasoline Stations

Sporting Goods, Hobby, Book & Music Stores

$21,987,033

40.1

Food & Beverage Stores

ESRI 2006

Company (non-governmental)

NC

Mooresville-South Iredell Chamber Melanie O’Connell Underwood, Executive Vice President P.O. Box 628 • Mooresville, NC 28115 704-664-6922 phone • 704-664-2549 fax mou@mooresvillenc.org www.mooresvillenc.org

0

$148,498,248

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

J.C.P. Logistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,032 Lake Norman Regional Medical Center . . . . . . . . . . . . . . . . . 930

IREDELL COUNTY MEDIAN HOUSEHOLD INCOME

Davis Regional Medical Center . . . . . . . . . . . . . . . . . . . . . . . . 640 Iredell County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 71,047 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 67,291 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .6,399 . . . . . . . . . . . . . . . .7.8% 9th to 12th Grade, No Diploma 11,403 . . . . . . . . . . . . . . .13.9% High School Graduate . . . . . . . .26,334 . . . . . . . . . . . . . . .32.1% Some College, No Degree . . . . .17,310 . . . . . . . . . . . . . . .21.1% Associate Degree . . . . . . . . . . . . .6,399 . . . . . . . . . . . . . . . .7.8% Bachelor's Degree . . . . . . . . . . .10,419 . . . . . . . . . . . . . . .12.7% Master's/Prof/Doctorate Degree .3,856 . . . . . . . . . . . . . . . .4.7% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .82,036 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$14,539-$33,153

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$41,970 . . . . . . . . . . . . . .$21,148 2006 . . . . . . . . . . . . . . . . . . . . .$50,773 . . . . . . . . . . . . . .$25,683 2011 . . . . . . . . . . . . . . . . . . . . .$59,359 . . . . . . . . . . . . . .$30,755 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$33,154-$43,734 $43,735-$53,291 $53,292-$71,163 © ESRI 2006

$71,164-$110,029

73


LANCASTER COUNTY

C

omfortably nestled between the metropolitan areas of Charlotte, North Carolina and South Carolina’s capital city of Columbia, Lancaster County has much to offer. Lancaster County’s strategic location is adjacent to rail, road, and air transportation in addition to prime acreage available for headquarter and warehouse facilities. A business-friendly environment is ready to welcome companies that are expanding or relocating.

LANCASTER COUNTY POPULATION

ESRI demographic data reveals that Lancaster County’s 2000 population of 61,351 has increased to 65,083 in 2006; 8,075 people live in Lancaster, the county’s largest city. In 2011, county population figures are expected to increase to 68,185. The 20062011 annual population growth rate of 0.94 percent is lower than the national annual growth rate of 1.2 percent. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 13.5 percent, 15.3 percent and 14.5 percent; with the percentage 18+ years at 76.2 percent. Over 27,000 people are employed, working primarily in the services, manufacturing, retail, and construction industry sectors. According to ESRI data, Lancaster County’s unemployment rate for those aged 16+ years averaged 13.0 percent in 2006.

Per U.S. Census Block Group 547-842 843-1,199 1,200-1,669 1,670-2,430 2,431-3,133

© ESRI 2006

LANCASTER COUNTY COMMUNITY™ TAPESTRY™

Income figures have steadily increased. The per capita income figure for 2000 was $16,276; the current figure is $20,113, and $23,641 is projected for 2011. Median household income rose from $34,740 in 2000 to the current figure of $41,213, and is expected to increase to $47,118 in 2011. Work force education data shows that 35.7 percent of county residents are high school graduates; more than 17 percent have attended more than one year of college, and 6.8 percent hold a bachelor’s degree. Residents of Lancaster County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for the groups found in Lancaster County. • Factories & Farms: Small settled communities near jobs • Senior Styles: Seniors vary by income, age, housing type • Metropolis: Varied ages and household types in America’s large and small cities • American Quilt: Households in small towns and rural areas • Global Roots: Ethnic diversity, age and median income • Traditional Living: Hard working, settled families • Upscale Avenues: Prosperous, married couple homeowner families in different housing

Dominant LifeMode by U.S. Census Block Group Factories & Farms Senior Styles Metropolis American Quilt Global Roots Traditional Living Upscale Avenues

74

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Lancaster County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Furniture & Home Furnishings Stores; Non-Store Retailers (catalog, mail, phone, and Internet) and Electronics & Appliance stores sectors.

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SC

Lancaster County Economic Development Commission Keith Tunnell, President P.O. Box 973 • Lancaster, SC 29721 803-285-9471 phone • 803-285-9472 fax keith.tunnell@lancastersc-edc.com www.lancastersc-edc.com

P O P U L AT I O N Largest City: Lancaster • Population: 8,075 • Total County Population: 65,083 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . . .61,351 . . . . . . . . . . . . . . . . .35.9 2006 . . . . . . . . . . . . . . . . . . . . . .65,083 . . . . . . . . . . . . . . . . .37.7 2011 . . . . . . . . . . . . . . . . . . . . . .68,185 . . . . . . . . . . . . . . . . .39.4 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .0.94% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .30.7% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .26.5% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13.6% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10.6% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .5.4% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.8% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.6% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.3% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.5% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.1% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .27,299

LANCASTER COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR 16.1

Furniture & Home Furnishings Stores

Bldg. Materials, Garden Equip. & Supply Stores

$29,644,264 10.1

$28,009,669 15.5

Clothing & Clothing Accessories Stores

Employees

HSBC Mortgage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900

$2,805,892

11.9

$61,983,050

-12.8

$11,699,531 38.6

$264,714

-25.0

-100 -80 -60 -40 -20

© ESRI 2006

$11,252,526

21.4

General Merchandise Store

Springs Industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000

$50,474,735

18.2

Sporting Goods, Hobby, Book & Music Stores

Food Services & Drinking Places

$78,638,028

-12.4

Nonstore Retailers

LARGEST EMPLOYERS

$7,613,578

-16.0

Gasoline Stations

Miscellaneous Store Retailers

$5,623,048

26.8

Food & Beverage Stores Health & Personal Care Stores

$100,295,472 38.8

Electronics & Appliance Stores

ESRI 2006

Company (non-governmental)

Retail Sales

Motor Vehicle & Parts Dealers

$117,828,354 0

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Springs Memorial Hospital. . . . . . . . . . . . . . . . . . . . . . . . . . . . 800 Cardinal Health . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 700

LANCASTER COUNTY MEDIAN HOUSEHOLD INCOME

Duracell, USA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 601 Lancaster County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 31,389 Employment Population 16+ . . . . . . . . . . . . . . . . . . . . . . . 27,299 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .4,214 . . . . . . . . . . . . . . .10.4% 9th to 12th Grade, No Diploma .7,982 . . . . . . . . . . . . . . .19.7% High School Graduate . . . . . . . .14,466 . . . . . . . . . . . . . . .35.7% Some College, No Degree . . . . . .7,050 . . . . . . . . . . . . . . .17.4% Associate Degree . . . . . . . . . . . . .2,674 . . . . . . . . . . . . . . . .6.6% Bachelor's Degree . . . . . . . . . . . .2,755 . . . . . . . . . . . . . . . .6.8% Master's/Prof/Doctorate Degree .1,378 . . . . . . . . . . . . . . . .3.4% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .40,520 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$16,825-$22,747

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$34,740 . . . . . . . . . . . . . .$16,276 2006 . . . . . . . . . . . . . . . . . . . . .$41,213 . . . . . . . . . . . . . .$20,113 2011 . . . . . . . . . . . . . . . . . . . . .$47,118 . . . . . . . . . . . . . .$23,641 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$22,748-$35,157 $35,158-$42,897 $42,898-$50,360 © ESRI 2006

$50,361-$61,578

75


LINCOLN COUNTY

N

estled in the foothills of Piedmont North Carolina, close to Charlotte, Lincoln County is thriving and easily accessible via Interstates 85, 40, and 77. The county is rapidly being recognized as a manufacturing and distribution hub with a growing automotive sector, benefiting from domestic and international investments.

LINCOLN COUNTY POPULATION

ESRI demographic data reveals that Lincoln County’s 2000 population of 63,780 increased to 72,491 in 2006. Lincolnton, the county’s largest city, has a population of 10,422. In 2011, county population figures are expected to increase to 79,554. The 2006-2011 annual population growth rate of 1.88 percent is more than the national annual growth rate of 1.2 percent. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 13.2 percent, 16.6 percent and 15.1 percent; with the percentage 18+ years at 76.4 percent. Over 34,000 people are employed, working primarily in the services, manufacturing, retail, and construction industry sectors. According to ESRI data, Lincoln County’s unemployment rate for those aged 16+ years averaged 7.0 percent in 2006.

Per U.S. Census Block Group 639-1,085 1,086-1,382 1,383-1,971 1,972-2,558 2,559-3,789

© ESRI 2006

LINCOLN COUNTY COMMUNITY™ TAPESTRY™

Income figures have steadily increased. The per capita income figure for 2000 was $18,877; the current figure is $22,366, and $25,615 is the projected figure for 2011. Median household income rose from $41,659 in 2000 to the current figure of $48,352, and is expected to increase to $54,064 in 2011. Work force education data shows that 31.8 percent of county residents are high school graduates; 21.3 percent have attended more than one year of college, and nearly 9.6 percent hold a bachelor’s degree. Residents of Lincoln County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for the groups found in Lincoln County. • Factories & Farms: Small settled communities near jobs • American Quilt: Households in small towns and rural areas • Upscale Avenues: Prosperous, married couple homeowner families in different housing • Senior Styles: Seniors vary by income, age, housing type • High Society: Affluent, well educated, married couple homeowner families • High Hopes: Young, striving households seeking the “American Dream” • Traditional Living: Hard working, settled families

Dominant LifeMode by U.S. Census Block Group Factories & Farms American Quilt Upscale Avenues Senior Styles High Society High Hopes Traditional Living

76

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Lincoln County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Electronics & Appliance Stores; Furniture & Home Furnishings Stores and Food Services & Drinking Places sectors.

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NC

Lincoln Economic Development Association Barry I. Matherly, Executive Director P.O. Box 2050 • Lincolnton, NC 28093-2050 704-732-1511 phone • 704-736-8451 fax leda@lincolneda.org www.lincolneda.org

P O P U L AT I O N Largest City: Lincolnton • Population: 10,422 • Total County Population: 72,491 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . . .63,780 . . . . . . . . . . . . . . . . .36.4 2006 . . . . . . . . . . . . . . . . . . . . . .72,491 . . . . . . . . . . . . . . . . .38.6 2011 . . . . . . . . . . . . . . . . . . . . . .79,554 . . . . . . . . . . . . . . . . .40.7 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .1.88% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .32.4% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24.5% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11.4% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10.5% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8.1% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .4.6% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.8% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.8% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.1% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.8% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .34,116 ESRI 2006

Retail Sales

Motor Vehicle & Parts Dealers

6.1

Furniture & Home Furnishings Stores

Employees

Electronics & Appliance Stores

$35,850,748 -0.3

$116,977,683

-43.2

Gasoline Stations

$61,262,592 -5.9

$106,405,779

Clothing & Clothing Accessories Stores

29.1

Sporting Goods, Hobby, Book & Music Stores

$7,858,478 7.2

$91,990,637

-47.8

$23,232,908 9.3

Food Services & Drinking Places

$1,153,030 32.4

-100 -80 -60 -40 -20

© ESRI 2006

$8,516,510

-7.8

General Merchandise Store Miscellaneous Store Retailers

$4,321,242

-13.2

Food & Beverage Stores Health & Personal Care Stores

$8,300,610

46.9

Bldg. Materials, Garden Equip. & Supply Stores

RSI Home Products, Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,050 The Timken Company. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 850

$153,623,490 35.1

Nonstore Retailers

LARGEST EMPLOYERS Company (non-governmental)

LINCOLN COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR

0

$41,411,897

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Robert Bosch Tool Corporation . . . . . . . . . . . . . . . . . . . . . . . . 512 Blum, Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 460

LINCOLN COUNTY MEDIAN HOUSEHOLD INCOME

Mohican Mills, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350 Lincoln County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 36,603 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 34,116 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .3,937 . . . . . . . . . . . . . . . .9.1% 9th to 12th Grade, No Diploma .8,306 . . . . . . . . . . . . . . .19.2% High School Graduate . . . . . . . .13,757 . . . . . . . . . . . . . . .31.8% Some College, No Degree . . . . . .9,214 . . . . . . . . . . . . . . .21.3% Associate Degree . . . . . . . . . . . . .2,438 . . . . . . . . . . . . . . . .5.6% Bachelor's Degree . . . . . . . . . . . .4,153 . . . . . . . . . . . . . . . .9.6% Master's/Prof/Doctorate Degree .1,471 . . . . . . . . . . . . . . . .3.4% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .43,259 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$30,759-$34,323

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$41,659 . . . . . . . . . . . . . .$18,877 2006 . . . . . . . . . . . . . . . . . . . . .$48,352 . . . . . . . . . . . . . .$22,366 2011 . . . . . . . . . . . . . . . . . . . . .$54,064 . . . . . . . . . . . . . .$25,615 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$34,324-$42,133 $42,134-$51,152 $51,153-$66,190 © ESRI 2006

$66,191-$102,593

77


MECKLENBURG COUNTY

A

nchored by the City of Charlotte, North Carolina’s largest city, Mecklenburg County offers companies and residents the business opportunities and amenities of big-city life while maintaining its small-town charm. Communities such as Mint Hill, Huntersville, Davidson, Matthews, and Pineville attract many people who prefer a more suburban lifestyle, but like being close to a city’s advantages.

MECKLENBURG COUNTY POPULATION

ESRI demographic data for 2006 reveals that Mecklenburg County’s 2000 population of 695,454 increased to 825,175 in 2006. In 2011, this figure is expected to increase to 936,161. The 2006 population of Charlotte, Mecklenburg County’s largest city, is 609,211. The annual population growth rate of 2.56 percent is more than twice that of the national annual rate of 1.2 percent. Work force education data shows that county residents are considered to be well educated: nearly 20 percent have graduated from high school; 22.5 percent have attended college for more than one year; and 26.6 percent hold a bachelor’s degree. According to ESRI data, the county’s unemployment rate for those aged 16+ years averaged 6.0 percent in 2006.

Per U.S. Census Block Group 0-1,348 1,349-2,321 2,322-3,756 3,757-6,723 6,724-13,673

© ESRI 2006

MECKLENBURG COUNTY COMMUNITY™ TAPESTRY™ © ESRI 2006

Income figures show progressively healthy increases. The per capita income figure for 2000 was $27,352; 2006 shows an increase to $35,446; and the projected number for 2011 is $44,202. Median household income figures include $50,638 in 2000, $63,277 in 2006, and a projection of $76,098 in 2011. Residents of Mecklenburg County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for group found in Mecklenburg County. • Factories & Farms: Small settled communities near jobs • Scholars & Patriots: Military, college environments • American Quilt: Households in small towns and rural areas • Senior Styles: Seniors vary by income, age, housing type • Global Roots: Ethnic diversity, age and median income • High Hopes: Young, striving households seeking the “American Dream” • Traditional Living: Hard working, settled families • Solo Acts: Singles who prefer city life • Family Portrait: Youth, family life and children • Upscale Avenues: Prosperous, married couple homeowner families in different housing • Metropolis: Varied ages and household types in America’s large and small cities • High Society: Affluent, well educated, married couple homeowner families

Dominant LifeMode by U.S. Census Block Group

78

Factories & Farms

Global Roots

Family Portrait

Scholars & Patriots

High Hopes

Upscale Avenues

American Quilt

Traditional Living

Metropolis

Senior Styles

Solo Acts

High Society

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Mecklenburg County. This data concludes that current retail offerings are meeting the consumer demand across most of the surveyed industry sectors. Surpluses (current retail offerings are meeting consumer demand) are found in Health & Personal Care Stores; Miscellaneous Store Retailers; and Sport Goods, Hobby, Book & Music Stores. Modest leakages appear in the Food & Beverage Stores; Gasoline Stations and Food Services & Drinking Places.

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City of Charlotte

Charlotte Chamber of Commerce Jeff Edge, Senior Vice President Business Development P.O. Box 32785 • Charlotte, NC 28232 704-378-1300 phone • 704-374-1903 fax jedge@charlottechamber.com www.charlottechamber.com

Tom Flynn, Economic Development Director 600 East 4th St. • Charlotte, NC 28202-2244 704-432-1396 phone 704-336-6644 fax tflynn@ci.charlotte.nc.us

P O P U L AT I O N Largest City: Charlotte • Population: 609,211 • Total County Population: 825,175 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . .695,454 . . . . . . . . . . . . . . . . .33.1 2006 . . . . . . . . . . . . . . . . . . . . .825,175 . . . . . . . . . . . . . . . . .34.6 2011 . . . . . . . . . . . . . . . . . . . . .936,161 . . . . . . . . . . . . . . . . .35.6 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .2.56% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .42.2% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . .15.0% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11.2% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8.1% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7.6% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.6% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.1% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.8% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.2% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.2% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . .418,270

MECKLENBURG COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR 3.4

$2,466,739,773

Furniture & Home Furnishings Stores

3.2

$403,504,203

Electronics & Appliance Stores

Company (non-governmental) Employees Carolinas HealthCare System . . . . . . . . . . . . . . . . . . . . . . . 26,283 Wachovia Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000 Bank of America . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,900 Presbyterian Regional Healthcare . . . . . . . . . . . . . . . . . . . . 7,800 Duke Energy Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,500 US Airways . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,981

-1.5

Bldg. Materials, Garden Equip. & Supply Stores

$364,501,374

-8.0

$445,706,327

Food & Beverage Stores Health & Personal Care Stores

11.4

Clothing & Clothing Accessories Stores Sporting Goods, Hobby, Book & Music Stores General Merchandise Store Miscellaneous Store Retailers Nonstore Retailers

$852,527,110 8.9

$1,035,771,832

-9.3

$808,699,100

-15.2

$224,113,826

-4.4

$1,099,003,122

-16.5

$246,086,810

-7.6

$483,956,970

Food Services & Drinking Places

3.9

-100 -80 -60 -40 -20

© ESRI 2006

$1,503,525,082

-28.3

Gasoline Stations

ESRI 2006

LARGEST EMPLOYERS

Retail Sales

Motor Vehicle & Parts Dealers

0

$1,428,053,045

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

MECKLENBURG COUNTY MEDIAN HOUSEHOLD INCOME

Mecklenburg County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . 444,298 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . 418,270 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . .20,027 . . . . . . . . . . . . . . . .4.4% 9th to 12th Grade, No Diploma 42,330 . . . . . . . . . . . . . . . .9.3% High School Graduate . . . . . . . .90,577 . . . . . . . . . . . . . . .19.9% Some College, No Degree . . . .102,412 . . . . . . . . . . . . . . .22.5% Associate Degree . . . . . . . . . . . .30,951 . . . . . . . . . . . . . . . .6.8% Bachelor's Degree . . . . . . . . . .121,073 . . . . . . . . . . . . . . .26.6% Master's/Prof/Doctorate Degree 47,792 . . . . . . . . . . . . . . .10.5% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . .455,163 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$0-$43,247

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$50,638 . . . . . . . . . . . . . .$27,352 2006 . . . . . . . . . . . . . . . . . . . . .$63,277 . . . . . . . . . . . . . .$35,446 2011 . . . . . . . . . . . . . . . . . . . . .$76,098 . . . . . . . . . . . . . .$44,202 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$43,248-$67,449 $67,450-$97,184 $97,185-$169,673 © ESRI 2006

$169,674-$276,242

79


ROWAN COUNTY

S

trategically centered between the vibrant commercial activity of the Charlotte region and North Carolina’s Piedmont Triangle, Rowan County is an ideal location for business. Interstate highway systems run through the county, providing easy access to national and international airports, ports, and rail traffic.

ROWAN COUNTY POPULATION

ESRI demographic data reveals that Rowan County’s 2000 population of 130,340 rose to 136,469 in 2006; 27,020 people live in Salisbury, the county’s largest city. In 2011, county population figures are expected to increase to 140,718. The 20062011 annual population growth rate of 0.62 percent is below the national annual growth rate of 1.2 percent. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 13.4 percent, 15.0 percent and 14.5 percent; with the percentage 18+ years at 76.4 percent. More than 65,000 people are employed, working primarily in the services, manufacturing, retail, and construction industry sectors. According to ESRI data, Rowan County’s unemployment rate for those aged 16+ years averaged 7.0 percent in 2006.

Per U.S. Census Block Group 534-981 982-1,402 1,403-1,826 1,827-2,453 2,454-3,290

© ESRI 2006

ROWAN COUNTY COMMUNITY™ TAPESTRY™

Income figures have steadily increased. The per capita income figure for 2000 was $18,071; the current figure is $21,429 and $24,738 is the projected figure for 2011. Median household income rose from $37,541 in 2000 to the current figure of $44,441 and is expected to increase to $50,436 in 2011. Work force education data shows that 33.5 percent of county residents are high school graduates; 20.3 percent have attended college for more than one year, and more than 10.3 percent hold a bachelor’s degree. Residents of Rowan County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for the summary groups found in Rowan County. • Factories & Farms: Small settled communities near jobs • American Quilt: Households in small towns and rural areas • Traditional Living: Hard working, settled families • Senior Styles: Seniors vary by income, age, housing type • High Hopes: Young, striving households seeking the “American Dream” • Metropolis: Varied ages and household types in America’s large and small cities • Upscale Avenues: Prosperous, married couple homeowner families in different housing • Family Portrait: Youth, family life and children • Solo Acts: Singles who prefer city life

Dominant LifeMode by U.S. Census Block Group Factories & Farms American Quilt Traditional Living Senior Styles High Hopes Metropolis Upscale Avenues Family Portrait Solo Acts

80

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Rowan County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Furniture & Home Furnishings Stores; Electronics & Appliance Stores and the Clothing & Clothing Accessories Stores sectors.

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Salisbury-Rowan Economic Development Commission Randy Harrell, Executive Director 204 East Innes St. • Salisbury, NC 28144 704-637-5526 phone • 704-637-0173 fax harrellr@rowanedc.com www.rowanedc.com

P O P U L AT I O N Largest City: Salisbury • Population: 27,020 • Total County Population: 136,469 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . .130,340 . . . . . . . . . . . . . . . . .36.5 2006 . . . . . . . . . . . . . . . . . . . . .136,469 . . . . . . . . . . . . . . . . .37.9 2011 . . . . . . . . . . . . . . . . . . . . .140,718 . . . . . . . . . . . . . . . . .39.3 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .0.62% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38.1% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21.1% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12.9% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10.0% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.3% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .3.9% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.5% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.4% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.0% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.7% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .65,241 ESRI 2006

Employees

-1.3

$303,570,310

Furniture & Home Furnishings Stores

18.8

Electronics & Appliance Stores

18.8

Bldg. Materials, Garden Equip. & Supply Stores

$48,845,576 $184,504,876

-24.5

Gasoline Stations

$82,533,605 -2.2

$172,124,298

Clothing & Clothing Accessories Stores

15.0

Sporting Goods, Hobby, Book & Music Stores

$41,855,838

-1.7

$15,905,455

General Merchandise Store

13.7

$78,622,425

-53.6

$38,712,018 -7.3

$39,907,771

Food Services & Drinking Places

2.5

-100 -80 -60 -40 -20

© ESRI 2006

$12,300,061

6.3

Health & Personal Care Stores

Miscellaneous Store Retailers

$30,346,683

-5.9

Food & Beverage Stores

Freightliner, LLC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,700 Food Lion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,200

Retail Sales

Motor Vehicle & Parts Dealers

Nonstore Retailers

LARGEST EMPLOYERS Company (non-governmental)

ROWAN COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR

0

$145,437,899

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Invista . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,200 Meridian Automotive Systems . . . . . . . . . . . . . . . . . . . . . . . . . 440

ROWAN COUNTY MEDIAN HOUSEHOLD INCOME

Oakwood Homes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400 Rowan County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 70,405 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 65,241 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .7,771 . . . . . . . . . . . . . . . .9.0% 9th to 12th Grade, No Diploma 14,506 . . . . . . . . . . . . . . .16.8% High School Graduate . . . . . . . .28,926 . . . . . . . . . . . . . . .33.5% Some College, No Degree . . . . .17,528 . . . . . . . . . . . . . . .20.3% Associate Degree . . . . . . . . . . . . .5,353 . . . . . . . . . . . . . . . .6.2% Bachelor's Degree . . . . . . . . . . . .8,894 . . . . . . . . . . . . . . .10.3% Master's/Prof/Doctorate Degree .3,367 . . . . . . . . . . . . . . . .3.9% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .86,345 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$17,498-$25,511

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$37,541 . . . . . . . . . . . . . .$18,071 2006 . . . . . . . . . . . . . . . . . . . . .$44,441 . . . . . . . . . . . . . .$21,429 2011 . . . . . . . . . . . . . . . . . . . . .$50,436 . . . . . . . . . . . . . .$24,738 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$25,512-$40,564 $40,565-$47,955 $47,956-$58,245 © ESRI 2006

$58,246-$77,106

81


S TA N LY COUNTY

O

n the edge of North Carolina’s industrial Piedmont crescent, Stanly County is a major producer of agricultural products from the approximately 689 farms located throughout the county. Charlotte is an hour’s drive away, enabling county residents to take advantage of activities at Charlotte’s Bobcats Arena, Bank of America Stadium, Lowe’s Motor Speedway, and other venues.

STANLY COUNTY POPULATION

ESRI demographic data reveals that Stanly County’s 2000 population of 58,100 increased to 60,166 in 2006; 15,631 people live in Albemarle, the county’s largest city. In 2011, county population figures are expected to increase to 61,321 people. The 2006-2011 annual population growth rate of .38 percent is below the national annual growth rate of 1.2 percent. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 12.8 percent, 15.2 percent and 14.2 percent; with the percentage 18+ years at 76.8 percent. More than 27,000 people are employed, working primarily in the services, manufacturing, retail, and construction industry sectors. According to ESRI data, Stanly County’s unemployment rate for those aged 16+ years averaged 6.0 percent in 2006.

Per U.S. Census Block Group 451-744 745-1,076 1,077-1,508 1,509-2,325 2,326-3,550

© ESRI 2006

STANLY COUNTY COMMUNITY™ TAPESTRY™

Income figures have steadily increased. The per capita income figure for 2000 was $17,825; the current figure is $21,149, and $24,251 is the projected figure for 2011. Median household income rose from $36,941 in 2000 to the current figure of $42,973 and is expected to increase to $48,906 in 2011. Work force education data shows that 35.9 percent of county residents are high school graduates; 17.7 percent have attended college, and 9.1 percent hold a bachelor’s degree. Residents of Stanly County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for the groups found in Stanly County. • Factories & Farms: Small settled communities near jobs • Senior Styles: Seniors vary by income, age, housing type • American Quilt: Households in small towns and rural areas • Traditional Living: Hard working, settled families • Global Roots: Ethnic diversity, age and median income • Metropolis: Varied ages and household types in America’s large and small cities • Upscale Avenues: Prosperous, married couple homeowner families in different housing

Dominant LifeMode by U.S. Census Block Group Factories & Farms Senior Styles American Quilt Traditional Living Global Roots Metropolis Upscale Avenues

82

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Stanly County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Electronic & Appliance Stores; Food Services & Drinking Places and Clothing & Clothing Accessories Stores sectors.

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Stanly County Economic Development Commission Robert M. Van Geons, Executive Director 1000 N. First St. • Suite 11 • Albemarle, NC 28001 704-986-3683 phone • 704-986-3685 fax rvangeons@co.stanly.nc.us www.stanlyedc.org

P O P U L AT I O N Largest City: Albemarle • Population: 15,631 • Total County Population: 60,166 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . . .58,100 . . . . . . . . . . . . . . . . .37.0 2006 . . . . . . . . . . . . . . . . . . . . . .60,166 . . . . . . . . . . . . . . . . .38.9 2011 . . . . . . . . . . . . . . . . . . . . . .61,321 . . . . . . . . . . . . . . . . .40.4 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .0.38% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37.8% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21.0% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12.9% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11.2% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.2% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .3.8% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.7% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.4% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.1% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.9% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .27,516 ESRI 2006

Retail Sales

Motor Vehicle & Parts Dealers

14.7

Furniture & Home Furnishings Stores

16.9

Electronics & Appliance Stores Bldg. Materials, Garden Equip. & Supply Stores

Employees

$26,860,075 $89,953,863

-19.1

$26,309,548

-4.7

$69,743,888

Clothing & Clothing Accessories Stores

21.2

Sporting Goods, Hobby, Book & Music Stores

Wal-Mart Associates, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 420

$3,813,065

8.7

$69,386,010

-24.4

$21,915,771 1.2

Food Services & Drinking Places

$18,824,894 23.9

-100 -80 -60 -40 -20

© ESRI 2006

$7,970,140

12.9

General Merchandise Store

Collins & Aikman Corporation. . . . . . . . . . . . . . . . . . . . . . . . . 475

$3,489,378

-4.6

Gasoline Stations

Miscellaneous Store Retailers

$8,289,774

-12.3

Food & Beverage Stores Health & Personal Care Stores

$101,970,681

24.0

Nonstore Retailers

LARGEST EMPLOYERS Company (non-governmental)

STANLY COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR

0

$37,261,612

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Michelin Aircraft Tire Corporation . . . . . . . . . . . . . . . . . . . . . 377 Food Lion, LLC. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 306

STANLY COUNTY MEDIAN HOUSEHOLD INCOME

Schult Homes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 282 Stanly County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 29,106 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 27,516 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .3,522 . . . . . . . . . . . . . . . .9.1% 9th to 12th Grade, No Diploma .6,734 . . . . . . . . . . . . . . .17.4% High School Graduate . . . . . . . .13,894 . . . . . . . . . . . . . . .35.9% Some College, No Degree . . . . . .6,850 . . . . . . . . . . . . . . .17.7% Associate Degree . . . . . . . . . . . . .2,710 . . . . . . . . . . . . . . . .7.0% Bachelor's Degree . . . . . . . . . . . .3,522 . . . . . . . . . . . . . . . .9.1% Master's/Prof/Doctorate Degree .1,393 . . . . . . . . . . . . . . . .3.6% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38,702 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$19,359-$30,875

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$36,941 . . . . . . . . . . . . . .$17,825 2006 . . . . . . . . . . . . . . . . . . . . .$42,973 . . . . . . . . . . . . . .$21,149 2011 . . . . . . . . . . . . . . . . . . . . .$48,906 . . . . . . . . . . . . . .$24,251 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$30,876-$39,743 $39,744-$46,487 $46,488-$53,366 © ESRI 2006

$53,367-$66,602

83


UNION COUNTY

I

n North Carolina’s south central Piedmont region, Union County borders the CharlotteMecklenburg County line. Union County, North Carolina’s 12th most populous, provides a unique blend of rural and metropolitan lifestyles. Vast acreage untouched by development is contrasted with flourishing areas of suburban and industrial growth. Primary contributors to Union County’s successful economic growth include agriculture, business, and industry.

UNION COUNTY POPULATION

ESRI demographic data reveals that Union County’s 2000 population of 123,677 jumped to 168,442 in 2006; 30,720 people live in Monroe, the county’s largest city. In 2011, county population figures are expected to increase to 215,224. The 2006-2011 annual population growth rate of 5.02 percent is nearly 4 times that of the national annual growth rate of 1.2 percent. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 13.4 percent, 17.8 percent and 14.3 percent; with the percentage 18+ years at 71.9 percent. Over 77,000 people are employed, working primarily in the services, retail, construction, and manufacturing industry sectors. According to ESRI data, Union County’s unemployment rate for those aged 16+ years averaged 5.0 percent in 2006.

Per U.S. Census Block Group 685-1,498 1,499-2,441 2,442-3,577 3,578-7,129 7,130-12,647

© ESRI 2006

UNION COUNTY COMMUNITY™ TAPESTRY™

Income figures have steadily increased. The per capita income figure for 2000 was $21,978; the current figure is $27,308, and $33,464 is the projected figure for 2011. Median household income rose from $50,622 in 2000 to the current figure of $61,904 and is expected to increase to $72,408 in 2011. Work force education data shows that 30.8 percent of county residents are high school graduates; 20.9 percent have attended college for more than one year, and 15.7 percent hold a bachelor’s degree. Residents of Union County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for the groups found in Union County. • Factories & Farms: Small settled communities near jobs • Upscale Avenues: Prosperous, married couple homeowner families in different housing • American Quilt: Households in small towns and rural areas • Family Portrait: Youth, family life and children • Global Roots: Ethnic diversity, age and median income • High Society: Affluent, well educated, married couple homeowner families • High Hopes: Young, striving households seeking the “American Dream” • Metropolis: Varied ages and household types in America’s large and small cities • Traditional Living: Hard working, settled families

Dominant LifeMode by U.S. Census Block Group Factories & Farms

High Society

Upscale Avenues

High Hopes

American Quilt

Metropolis

Family Portrait

Traditional Living

Global Roots

84

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for Union County, this data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Food Services & Drinking Places; Furniture & Home Furnishings Stores and Clothing & Clothing Accessories Stores sectors.

ChooseCharlotteUSA

www.charlotteUSA.com


Union County Partnership for Progress

Monroe Economic Development

Maurice Ewing, President and CEO 903 Skyway Dr., P.O. Box 292 • Monroe, NC 28111-0292 704-291-9860 phone • 704-283-3861 fax mdewing1@ctc.net www.unioncpp.com

R. Christopher Platé, Director P.O. Box 69 • Monroe, NC 28111-0069 704-282-5780 phone • 704-282-5788 fax cplate@monroenc.org www.developmonroe.com

P O P U L AT I O N Largest City: Monroe • Population: 30,720 • Total County Population: 168,442 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . .123,677 . . . . . . . . . . . . . . . . .33.9 2006 . . . . . . . . . . . . . . . . . . . . .168,442 . . . . . . . . . . . . . . . . .35.4 2011 . . . . . . . . . . . . . . . . . . . . .215,224 . . . . . . . . . . . . . . . . .36.2 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .5.02% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35.5% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14.1% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13.4% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13.3% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .8.0% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.5% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.3% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.7% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.9% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.2% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .77,109

UNION COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR Retail Sales

Motor Vehicle & Parts Dealers

8.2

Furniture & Home Furnishings Stores

$76,727,518 9.7

Employees

$100,159,026 10.3

Clothing & Clothing Accessories Stores

$169,307,764 28.8

Sporting Goods, Hobby, Book & Music Stores

$9,531,406

6.6

$217,938,205

-4.7

$22,582,575 8.9

Food Services & Drinking Places

$80,772,029 55.8

-100 -80 -60 -40 -20

© ESRI 2006

$40,007,964

1.4

General Merchandise Store

Tyson Foods, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,236 Allvac . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,150

$238,976,169

-18.8

Gasoline Stations

Nonstore Retailers

LARGEST EMPLOYERS

$29,479,287

-4.5

Food & Beverage Stores

Miscellaneous Store Retailers

$28,424,949

24.7

Bldg. Materials, Garden Equip. & Supply Stores

Health & Personal Care Stores

$374,534,936 29.5

Electronics & Appliance Stores

ESRI 2006

Company (non-governmental)

NC

0

20 40 60

<--Surplus—Leakage-->

$57,522,868 80 100

L/S Factor

Pilgrim’s Pride, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 923 Charlotte Pipe & Foundry Plastics Division . . . . . . . . . . . . . . . 680

UNION COUNTY MEDIAN HOUSEHOLD INCOME

Tyco/Scott Health and Safety . . . . . . . . . . . . . . . . . . . . . . . . . . 585 Union County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 80,993 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 77,109 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .5,443 . . . . . . . . . . . . . . . .6.9% 9th to 12th Grade, No Diploma 10,096 . . . . . . . . . . . . . . .12.8% High School Graduate . . . . . . . .24,294 . . . . . . . . . . . . . . .30.8% Some College, No Degree . . . . .16,486 . . . . . . . . . . . . . . .20.9% Associate Degree . . . . . . . . . . . . .5,679 . . . . . . . . . . . . . . . .7.2% Bachelor's Degree . . . . . . . . . . .12,384 . . . . . . . . . . . . . . .15.7% Master's/Prof/Doctorate Degree .4,417 . . . . . . . . . . . . . . . .5.6% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .78,878 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$24,618-$38,176

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$50,622 . . . . . . . . . . . . . .$21,978 2006 . . . . . . . . . . . . . . . . . . . . .$61,904 . . . . . . . . . . . . . .$27,308 2011 . . . . . . . . . . . . . . . . . . . . .$72,408 . . . . . . . . . . . . . .$33,464 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$38,177-$53,345 $53,346-$67,091 $67,092-$78,476 © ESRI 2006

$78,477-$116,347

85


YORK COUNTY

S

econd only to Beaufort County as South Carolina’s most rapidly growing county and the 7th most populous, York County is strategically located on the expanding outskirts of Charlotte, N.C. Combining the advantages of charming small-town communities with easy access to big-city opportunities, York County has much to offer businesses, residents, and visitors.

YORK COUNTY POPULATION

ESRI demographic data reveals that York County’s 2000 population of 164,614 jumped to 198,269 in 2006; 57,073 people live in Rock Hill, the county’s largest city. In 2011, county population figures are expected to increase to 231,350. The 2006-2011 annual population growth rate of 3.13 percent is more than twice that of the national annual growth rate of 1.2 percent. Persons in age ranges are fairly evenly distributed between 25-34, 35-44 and 45-54 years at 12.9 percent, 15.6 percent and 15.1 percent; with the percentage 18+ years at 75.1 percent. More than 92,000 people are employed, working primarily in the services, manufacturing, retail, and construction industry sectors. According to ESRI data, York County’s unemployment rate for those aged 16+ years averaged 9.0 percent in 2006.

Per U.S. Census Block Group

Income figures have steadily increased. The per capita income figure for 2000 was $20,536; the current figure is $25,636, and $30,192 is the projected figure for 2011. Median household income rose from $44,564 in 2000 to the current figure of $52,872 and is expected to increase to $60,578 in 2011.

603-1,371 1,372-2,206 2,207-3,447 3,448-5,776 5,777-9,171

© ESRI 2006

YORK COUNTY COMMUNITY TAPESTRY ™

Work force education data shows that 28.5 percent of county residents are high school graduates; just over 20 percent have attended college for more than one year, and more than 14 percent hold a bachelor’s degree. Residents of York County can also be viewed by ESRI segmentation data. Here is a list and descriptive phrase for the groups found in York County. • American Quilt: Households in small towns and rural areas • Factories & Farms: Small settled communities near jobs • Metropolis: Varied ages and household types in America’s large and small cities • Traditional Living: Hard working, settled families • Upscale Avenues: Prosperous, married couple homeowner families in different housing • Senior Styles: Seniors vary by income, age, housing type • High Hopes: Young, striving households seeking the “American Dream” • High Society: Affluent, well educated, married couple homeowner families • Family Portrait: Youth, family life and children • Scholars & Patriots: Military, college environments • Global Roots: Ethnic diversity, age and median income • Solo Acts: Singles who prefer city life

Dominant LifeMode by U.S. Census Block Group

86

American Quilt

High Hopes

Factories & Farms

High Society

Metropolis

Family Portrait

Traditional Living

Scholars & Patriots

Upscale Avenues

Global Roots

Senior Styles

Solo Acts

© ESRI 2006

ESRI Retail MarketPlace data provides a direct comparison between retail sales and consumer spending by industry for York County. This data concludes that current retail offerings are not meeting the consumer demand across most of the surveyed industry sectors. The most significant leakages occur in the Electronics & Appliance Stores; Food Services & Drinking Places and the Clothing & Clothing Accessories Stores sectors.

ChooseCharlotteUSA

www.charlotteUSA.com


Rock Hill Economic Development Corporation

York County Economic Development Board

Stephen Turner, Executive Director P.O. Box 11706 • Rock Hill, SC 29731 803-329-7090 phone • 803-329-7007 fax stephenturner@ci.rock-hill.sc.us www.rhedc.org

J. Mark Farris, Director 1830 Second Baxter Crossing • Fort Mill, SC 29708 803-802-4300 phone • 803-802-4299 fax mark.farris@yorkcountygov.com www.ycedb.com

P O P U L AT I O N Largest City: Rock Hill • Population: 57,073 • Total County Population: 198,269 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . .164,614 . . . . . . . . . . . . . . . . .34.9 2006 . . . . . . . . . . . . . . . . . . . . .198,269 . . . . . . . . . . . . . . . . .37.0 2011 . . . . . . . . . . . . . . . . . . . . .231,350 . . . . . . . . . . . . . . . . .38.4 2006-2011 Percentage Annual Growth Rate . . . . . . . . . . .3.13% ESRI 2006

EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38.7% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17.0% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12.7% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8.6% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .6.5% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6.2% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.4% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.8% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.6% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.6% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .92,022

YORK COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR Motor Vehicle & Parts Dealers

Company (non-governmental)

Employees

$539,789,767 8.5

Electronics & Appliance Stores Bldg. Materials, Garden Equip. & Supply Stores

Health & Personal Care Stores Gasoline Stations

$110,495,501 3.7

$350,421,323

-15.6

$117,477,504

-7.2

$291,039,723 14.3

$84,440,686

-5.9

$26,284,716

General Merchandise Store

6.1

Miscellaneous Store Retailers

-6.1

Nonstore Retailers

-7.1

$133,058,136 $39,089,382 $31,726,227

Food Services & Drinking Places

17.3

-100 -80 -60 -40 -20

© ESRI 2006

$29,331,775

-16.5

Clothing & Clothing Accessories Stores Sporting Goods, Hobby, Book & Music Stores

$71,751,804 32.6

Food & Beverage Stores

Wells Fargo Home Mortgage . . . . . . . . . . . . . . . . . . . . . . . . 1,500 Duke Power - Catawba Nuclear Station. . . . . . . . . . . . . . . . 1,071

Retail Sales -3.9

Furniture & Home Furnishings Stores

ESRI 2006

LARGEST EMPLOYERS

SC

0

$182,255,345

20 40 60

<--Surplus—Leakage-->

80 100

L/S Factor

Bowater Coated and Specialty Papers Division . . . . . . . . . . 1,039 Ross Distribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 852

YORK COUNTY MEDIAN HOUSEHOLD INCOME

Stacy’s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800 York County 2006

L A B O R PA R T I C I PAT I O N 2006 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . 101,496 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 92,022 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.0% ESRI 2006

W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .8,143 . . . . . . . . . . . . . . . .7.7% 9th to 12th Grade, No Diploma 15,863 . . . . . . . . . . . . . . .15.0% High School Graduate . . . . . . . .30,141 . . . . . . . . . . . . . . .28.5% Some College, No Degree . . . . .21,892 . . . . . . . . . . . . . . .20.7% Associate Degree . . . . . . . . . . . . .7,615 . . . . . . . . . . . . . . . .7.2% Bachelor's Degree . . . . . . . . . . .14,912 . . . . . . . . . . . . . . .14.1% Master's/Prof/Doctorate Degree .7,191 . . . . . . . . . . . . . . . .6.8% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . .105,757 U.S. Census; ESRI 2006

Per U.S. Census Block Group

INCOME

$23,995-$37,513

Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$44,564 . . . . . . . . . . . . . .$20,536 2006 . . . . . . . . . . . . . . . . . . . . .$52,872 . . . . . . . . . . . . . .$25,636 2011 . . . . . . . . . . . . . . . . . . . . .$60,578 . . . . . . . . . . . . . .$30,192 ESRI 2006

Charlotte Regional Economic Development Guide 2007

$37,514-$50,470 $50,471-$64,590 $64,591-$98,277 © ESRI 2006

$98,278-$275,000

87


E C O N O M I C D E V E L O P M E N T C O N TA C T S

ALEXANDER COUNTY Alexander County David A. Icenhour Economic Development Director 621 Liledoun Rd. Taylorsville, NC 28681 828-632-1161 phone; 828-632-0059 fax dicenhour@alexandercountync.gov www.alexanderedc.org ANSON COUNTY Anson County Economic Development Andy Lucas County Manager 114 North Greene St. Wadesboro, NC 28170 704-694-2796 phone; 704-694-7015 fax alucas@co.anson.nc.us www.ansonedc.org CABARRUS COUNTY Cabarrus County Economic Development Ryan McDaniels Director of Economic Development 3003 Dale Earnhardt Blvd. Kannapolis, NC 28083 704-782-4000 phone; 704-782-4050 fax rmcdaniels@cabarrus.biz www.cabarrusedc.com CATAWBA COUNTY Catawba County Economic Development Corporation Scott L. Millar, President

1960-B 13th Ave. Dr., SE Hickory, NC 28602 828-267-1564 phone; 828-267-1884 fax smillar@catawbacountync.gov www.catawbaedc.org CHESTER COUNTY Chester County Economic Development Karlisa Parker Economic Development Director 121 Main, P.O. Drawer 580, Chester, SC 29706 803-377-1216 phone; 803-377-2102 fax kparker@choosechester.com www.chestercounty.org CHESTERFIELD COUNTY Chesterfield County Economic Development Board Cherry G. McCoy Executive Director P.O. Box 192, Chesterfield, SC 29709 843-623-6500 phone; 843-623-3167 fax cherryatcc@shtc.net www.chesterfieldcountysc.org CLEVELAND COUNTY Cleveland County Chamber of Commerce Dave Hart Vice President Economic Development P.O. Box 879 Shelby, NC 28151 704-487-8521 phone; 704-487-7458 fax dave@clevelandchamber.org www.clevelandchamber.org

GASTON COUNTY Gaston County Economic Development Commission Donny Hicks Executive Director P.O. Box 2339 Gastonia, NC 28053 704-825-4046 phone; 704-825-4066 fax donny.hicks@co.gaston.nc.us www.gaston.org IREDELL COUNTY Greater Statesville Development Corporation C. Michael Smith Director of Economic Development 115 E. Front St. Statesville, NC 28677 704-871-0062 phone; 704-871-0223 fax info@gsdc.org www.gsdc.org Mooresville-South Iredell Chamber Melanie O’Connell Underwood Executive Vice President P.O. Box 628 Mooresville, NC 28115 704-664-6922 phone; 704-664-2549 fax mou@mooresvillenc.org www.mooresvillenc.org LANCASTER COUNTY Lancaster County Economic Development Commission Keith Tunnell, President P.O. Box 973 Lancaster, SC 29721 803-285-9471 phone; 803-285-9472 fax keith.tunnell@lancastersc-edc.com www.lancastersc-edc.com LINCOLN COUNTY Lincoln Economic Development Association Barry I. Matherly Executive Director P.O. Box 2050 Lincolnton, NC 28093-2050 704-732-1511 phone; 704-736-8451 fax leda@lincolneda.org www.lincolneda.org

trust+strategy+integrity+planning+insight+experience

p,

it all adds up.

At the lake:

Uptown office:

Daniel, Ratliff & Company 107 Kilson Dr., Ste. 205, Mooresville, NC 28117

Daniel, Ratliff & Company 301 S. McDowell St., Ste. 502, Charlotte, NC 28204

704.663.0193

704.371.5000

www.danielratliff.com

88

MECKLENBURG COUNTY Charlotte Chamber of Commerce Jeff Edge Senior Vice President Business Development P.O. Box 32785 Charlotte, NC 28232 704-378-1300 phone; 704-374-1903 fax jedge@charlottechamber.com www.charlottechamber.com City of Charlotte Tom Flynn Economic Development Director 600 East 4th St., Charlotte, NC 28202-2244 704-432-1396 phone; 704-336-6644 fax tflynn@ci.charlotte.nc.us www.charmeck.nc.us

ChooseCharlotteUSA

www.charlotteUSA.com


ROWAN COUNTY Salisbury-Rowan Economic Development Commission Randy Harrell Executive Director 204 East Innes St. Salisbury, NC 28144 704-637-5526 phone; 704-637-0173 fax harrellr@rowanedc.com www.rowanedc.com STANLY COUNTY Stanly County Economic Development Commission Robert M. Van Geons Executive Director 1000 North First St., Ste. 11 Albemarle, NC 28001 704-986-3683 phone; 704-986-3685 fax rvangeons@co.stanly.nc.us www.stanlyedc.org UNION COUNTY Monroe Economic Development R. Christopher PlatĂŠ Director P.O. Box 69, Monroe, NC 28111-0069 704-282-5780 phone; 704-282-5788 fax cplate@monroenc.org www.developmonroe.com Union County Partnership for Progress Maurice Ewing President & CEO 903 Skyway Dr., PO Box 292 Monroe, NC 28111-0292 704-291-9860 phone; 704-283-3861 fax mdewing1@ctc.net www.unioncpp.com YORK COUNTY Rock Hill Economic Development Corporation Stephen Turner Executive Director P.O. Box 11706, Rock Hill, SC 29731 803-329-7090 phone; 803-329-7007 fax stephenturner@ci.rock-hill.sc.us www.rhedc.org York County Economic Development Board J. Mark Farris Director 1830 Second Baxter Crossing Fort Mill, SC 29708 803-802-4300 phone; 803-802-4299 fax mark.farris@yorkcountygov.com www.ycedb.com Charlotte Region Charlotte Regional Partnership Kenny McDonald Sr. Vice President 1001 Morehead Square Dr., Ste. 200 Charlotte, NC 28203 800-554-4373 toll free 704-347-8942 phone; 704-347-8981 fax kmcdonald@charlotteusa.com www.charlotteusa.com

Charlotte Regional Economic Development Guide 2007

89


Charlotte Regional Partnership Kenny McDonald, Sr. Vice President 1001 Morehead Square Dr., Ste. 200 Charlotte, NC 28203 USA 800-554-4373 • 704-347-8942 phone • 704-347-8981 fax www.charlotteusa.com

Regional Information and Services Available for Relocating Businesses WHO WE ARE The Charlotte Regional Partnership is an independent, non-profit, regional economic development organization representing 16 counties (12 in N.C., 4 in S.C.). Our organization works closely with both states, local communities, utilities, as well as private companies to recruit new businesses, new investments, and new jobs to the Charlotte region, to raise the standard of living for everyone in our area. PROGRAM OF WORK Goal #1: To market and promote Charlotte USA to the world as a superior business location. Goal #2: To allocate and leverage regional and organizational resources to sustain and enhance the economic growth, prosperity, and global competitiveness of the Charlotte region. Goal #3: To initiate and participate in strategic organizational and regional planning to identify, assess, and develop assets required to provide sustained and sustainable economic growth, prosperity, and superior quality of life in the Charlotte region. TYPES OF ACTIVITIES Business Missions: The CRP creates and builds upon business relationships with industry executives and their advisory firms around the world by visiting them directly to discuss the Charlotte region as a business location alternative. Industry Conferences: The CRP identifies a small number of industry conferences to target for business development purposes. Hosted Events: The CRP hosts business executives throughout the year at various events in the region in order to review specific regional assets and to build familiarity with the region. Such events include NFL Carolina Panthers games and the Wachovia Championship golf tournament. Business Development Research: The CRP conducts and procures research within industry clusters and other baseline databases to create target lists of companies and business executives to whom high-level, informational messages about Charlotte USA are sent. 90

Public Relations & Advertising: The Charlotte USA campaign has had a dramatic impact on the ability of the CRP to “brand” the region. Building upon that work with targeted public relations messages in target industry and regional publications is essential. Editorial content about growing businesses and economic issues in the Charlotte region are a proven way to increase awareness of the area. Limited advertising to procure editorial content for reprint is also warranted to provide material that can be used for select industries.

ATTRACTING NEW AND EXPANDING COMPANIES Targeted types of business: • Headquarters and back office operations • Advanced manufacturing and distribution operations • U.S. subsidiary operations of foreign based multinational companies Targeted industry clusters: • Automotive • Financial Services and Insurance • Machine Manufacturing • Motorsports • Medical Equipment Manufacturing • Metalworking • Pharmaceutical Manufacturing • Plastics

Web Site Development & Marketing: The Web site is a critical asset for the region. It is used both as a business development tool to reach companies around the world and as a research tool for companies and economic developers across the region. Consistent investment in this asset is important so that it remains relevant and can be found by those searching for business locations. ChooseCharlotteUSA

www.charlotteUSA.com


Targeted geographic areas: • North America: Northeast, Mid-West, California, Canada • Europe: Western Europe, Scandinavia • Asia: Japan, Korea, China

hanks to the generosity of companies in the Charlotte Region that support regional economic development...

Allen Tate Company Alston & Bird, LLP Arcadis AT&T North Carolina OUR SERVICES Bank of America Corporation We assist companies free of charge BB&T in a variety of ways: Beacon Partners • Site/Location Search Belk, Inc. Bissell Companies • Work force Demographics BL Seamon • Transportation Analysis Carolina CAT • Customized Research Carolina Panthers • Tax and Project Castle & Cooke, Inc. Incentive Analysis CB Richard Ellis • Introduction to Service Central Piedmont Community College Providers Charlotte Business Journal Charlotte Regional Visitors Authority Cherry, Bekaert & Holland, L.L.P Chester County Natural Gas Authority Childress Klein Properties Choate Construction Company Coca-Cola Bottling Consolidated Crescent Resources, LLC Deloitte Services LP Dole Fresh Vegetable Company Duke Energy - Carolinas Edifice Inc. Engineering Consulting Services, Ltd. Enterprise Rent-A-Car Ernst & Young FNB United Food Lion LLC Garfinkel Immigration Law Firm Glauerdt GmbH Glauerdt U.S.A. Goodrich Corporation Greater Charlotte Biz Greer & Walker LLP Hilton Charlotte Center City Kilpatrick Stockton LLP Koll Development Company KPMG Lancaster & Chester Railway Company Lancaster County Natural Gas Authority Langford de Kock LLP Lauth Little Diversified Architectural Consulting Littler Mendelson Charlotte Regional Economic Development Guide 2007

Lufthansa German Airlines Luquire George Andrews Magellan Idea Center Mama Ricotta’s Mark Pierce Poole Properties, Inc. Matrix Real Estate Services Mayer Brown Rowe & Maw LLP Merrifield Partners National Gypsum Company Nexsen Pruet Adams Kleemeier, PLLC Nucor Corporation Palmetto Economic Development Corporation Parker Poe Adams & Bernstein LLP PARSONS Peak 10 Percival McGuire Commercial Real Estate Pharr Yarns Philip Morris USA Piedmont Natural Gas Company PricewaterhouseCoopers LLP Prudential Carolinas Realty PSNC Energy R.T. Dooley Construction Co. Shelco, Inc. Sherpa LLC Sockwell Partners Southern Real Estate Speedway Motorsports, Inc. SPX Corporation Steel Fab, Inc. STEWART The Charlotte Observer The EJB Group The Keith Corporation The Knox Group The McAulay Firm The Springs Company The Westin Charlotte Time Warner Cable Tribble Creative Group TruVista Communications UNC Charlotte US Airways Wachovia Corporation Watson Insurance Agency Winthrop University Womble Carlyle Sandridge & Rice, PLLC WSOC TV 9 91


G U I D E T O E S R I TA P E S T RY M A P S ESRI COMMUNITY TAPESTRY’S DISTINCT MARKET SEGments profile the diversity of the American population and also provide a way to summarize and simplify these differences by LifeMode summary groups. Segments within a LifeMode summary group share an experience, such as being born in the same time period, or a trait such as affluence. (Descriptions apply to ESRI CommunityTM Tapestry TM maps on the following pages.) factories and farms: Factories and Farms represent rural life – from small towns and villages to farms. Employment in manufacturing and agricultural industries is typical in these small, settled communities across America’s breadbasket. Population change is nominal, and the profile is classic. Most households are families, either married couples or married couples with children. By age, the residents of Factories and Farms mirror the U.S. distribution, with slightly more retirees. Median household income is a bit lower, almost $38,000, but so is home value, almost $88,000. Most own their homes. Their

lifestyle reflects their locale, emphasizing home and garden care, fishing and hunting, pets, and local clubs. american quilt: Location also links the four segments in American Quilt – America’s small towns and rural areas. Unlike Factories and Farms, this group represents a more diverse microcosm of small-town life, including Tapestry’s largest segment, Midland Crowd. Manufacturing and agriculture remain part of the local economy, but American Quilt also includes local government, service, construction, communication, and utility workers. In

addition to farmers, American Quilt includes Rural Resort Dwellers, an older population that is retiring to seasonal vacation spots, and Crossroads, a younger, family population that favors mobile homes. Households in American Quilt are also more affluent, with a median income of $43,000, and more are homeowners. However, the rural lifestyle is also evident, with fishing and hunting (and power boats), and a preference for pickups and country music. upscale avenues: Prosperity is the overriding attribute shared by the seven segments in Upscale Avenues. Success has been earned from years of hard work. Similar to the High Society segments, many in this group are also well educated with above-average earnings. However, the choice of housing among the segments in Upscale Avenues reveals their distinct preferences. Urban markets such as Urban Chic and Pacific Heights favor townhouses and high-rises, Pleasant-Ville residents prefer single-family homes in suburban neighborhoods, and Green Acres residents opt for open spaces. Some have not settled on a home yet such as the renters among Enterprising Professionals; others, such as Cozy and Comfortable residents, have been settled for years. The median household income for the group is more than $66,700, and their median net worth exceeds $175,500. Prosperous domesticity also characterizes the lifestyle in Upscale Avenues. They invest in their homes, from landscaping and home remodeling among the homeowners to new furnishings among the renters. Their leisure includes sports such as golf and bicycling and, of course, domestic vacations. Although they are partial to new cars, they also save and invest their earnings. traditional living: Traditional Living includes four markets that convey the common perception of middle America: hardworking, settled families. The group’s higher median age of 37.4 years also conveys their lifestage – a number of older residents who are completing their child rearing responsibilities and looking forward to retirement. The aging of the population has not slowed their participation in the labor force. They work hard to earn a modest living and typically own single-family homes in established neighborhoods that are experiencing slow population growth. Residents in the Traditional Living segments buy standard, four-door American cars; belong to veterans’ clubs and fraternal organizations; take care of their homes and gardens; and rely on traditional information sources, such as newspapers, for their news. senior styles: Nearly 14.2 million households in the nine Senior Styles segments comprise one of the largest LifeMode summary groups. As the U.S. population ages, two of the fastest-growing American markets are found among The Elders and the Silver and Gold segments. Senior Styles segments illustrate the diversity among today’s senior markets. Although incomes within this group cover a wide range, the median is approximately $41,300, attributable mostly to retirement income or Social Security payments. Younger, more affluent seniors, freed of their child-rearing responsibilities, are traveling and relocating to warmer climates. Settled seniors are looking forward to retirement and remaining in their homes. Some of the older, less privileged segments live alone and collect Social Security and other benefits. Their choice of housing depends on their income. This group may reside in single-family homes, retirement homes, or high-rises. Their lifestyles can be as diverse as their circumstances, but senior markets do have common traits among their preferences. This is the most politically active market group, from voting to participating in election campaigns. Golf is clearly their sport of choice, from playing to just watching the Golf Channel. They read the newspaper daily and prefer to watch news shows on television. Although their use of the Internet is nearly average, they are more likely to shop through QVC than online. metropolis: The six segments of the Metropolis group live and work in America’s cities. They live in older, single-family homes or row houses built in the 1940s or earlier. Those living in larger cities tend to own fewer vehicles and rely more on public transportation, but the majority of markets in Metropolis feature commuters to service-related jobs. Depending on the area of the country where they live, the median value of their homes can range from $52,800

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G U I D E T O E S R I TA P E S T RY M A P S to $373,700. The Metropolis group reflects the segments’ diversity in housing, age, and income. For example, ages among segments range from Generation Xers to retirees; households include married couples with children and single parents with children. Employment status also varies from well-educated professionals to the unemployed. The median household income of the group is approximately $38,500. Their lifestyle is also uniquely urban – and media oriented. They like dancing and music, especially urban and jazz formats; watch a variety of television programs from news to syndicated sitcoms; and prefer movies to books. high society: The markets in High Society are affluent and well educated. They represent slightly more than 12 percent of all U.S. households, but generate nearly one quarter of total U.S. income. Employment in high-paying positions, such as professional or managerial occupations, is common. As a result, the median household income for this group, $97,400, is almost twice that of the national median. Most households are marriedcouple families residing in affluent neighborhoods where the median home value approaches $346,400. Although this is one of the least ethnically diverse groups in the United States, it is one of the fastest growing, increasing by two percent annually. Residents of High Society are affluent and active – financially, civicly, and physically. They participate in a wide variety of public activities and sports and travel extensively. They are well connected, but not “couched.” Try the Internet or radio instead of television to reach these markets. family portrait: Family Portrait has the fastest-growing population of the LifeMode summary groups. The growth is driven primarily by the rapid increase among Up and Coming Families. Youth, family life, and the presence of children are the common characteristics across the five markets in Family Portrait. The group is also ethnically diverse: nearly 30 percent of the residents are of Hispanic descent. The neighborhoods are predominantly comprised of homeowners who live in single-family homes. The majority of households include married couples with children, who contribute to the group’s large household size averaging more than 3.11 persons per household. Their lifestyle reflects their youth and family orientation – buying infant and children’s apparel and toys. Visits to theme parks and zoos are popular. Their vehicle of choice is typically a minivan or a full-size SUV. high hopes: High Hopes includes Aspiring Young Families and Great Expectations. The High Hopes group seeks the “American Dream” of homeownership and a rewarding job. Most live in singlefamily houses or multiunit buildings; approximately half own their homes. Many are willing to move to a new location to seek better opportunities. The residents in the summary group are young and college educated; one-third of the householders are younger than 35 years. Their median net worth is more than $81,400 – nearly 76 percent of the U.S. median. Households in this group include a mix of married couples, single-parent families, or single persons. solo acts: The Solo Acts summary group features singles who prefer city life. Many are young, startup households located in America’s more densely populated neighborhoods; some are well-established singles who have eschewed homeownership and child-rearing responsibilities. Second only to High Society, this group tends to be well-educated, working professionals who are either attending college or already hold a degree. Their incomes reflect their employment experience, ranging from a low median of $40,400 among the newest households to approximately $91,000 among established singles. Contrary to modern migration patterns that flow away from the largest cities, Solo Acts’ residents are moving into major cities such as New York City; Chicago; Washington, D.C.; Boston; Los Angeles; and San Francisco. With considerable discretionary income and few commitments, their lifestyle is urban, including the best of city life – dining out, attending plays, and visiting museums – and, for a break from constant connectivity, extensive travel domestically and abroad. global roots: The common thread among the markets in Global Roots is ethnic diversity. Las Casas and NeWest Residents represent a strong Hispanic influence in addition to a broad mix of

cultural and racial diversity found in Urban Melting Pot and International Marketplace. Typical of new households, Global Roots’ households are young with modest incomes and tend to rent in multiunit dwellings. The youth of this group reflects recent immigration trends; half of all households have immigrated to the United States within the past 10 years. The households range from married couples, typically with children, to single parents to individuals who live alone. Because households with children dominate this marketplace, it is not surprising that spending for baby goods, children’s apparel, and toys is higher here. Residents of Global Roots are less likely to have home PCs but just as likely to use cell phones. They maintain ties with friends and relatives in their countries of origin with foreign travel. scholars and patriots: This summary group is unique in the Tapestry system. Their shared traits include youth, with the atten-

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dant lower incomes, and atypical environments such as college life or military service. Because of their transient lifestyle and lifestage, their homeownership is low. Most live in townhouses or apartments, although one quarter resides in single-family homes. One segment, Military Proximity, is dominated by military life; the other two, College Towns and Dorms and Diplomas, are predominantly students who are pursuing college degrees. Although most of the military market is either on active duty or employed in civilian jobs on military bases, the students tend to work part-time at low-paying jobs to support themselves while attending school. However, low personal income does not inhibit their lifestyles. Scholars and Patriots are the most active participants in a wide variety of sports – from swimming and snorkeling to skiing and ice skating. They are style conscious; and well connected with PCs, cell phones, and MP3s; and just beginning to acquire household furnishings. ■

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Chesterfield County Economic Development Board PO Box 192 / 105 Green St. Chesterfield, SC 29709 Phone: 843-623-6500 Fax: 843-623-3167 e-mail: cherryatcc@shtc.net

Thank you to our content providers... Choose CharlotteUSA: Charlotte Regional Economic Development Guide 2007 Galles Communications Group, Inc. d/b/a Greater Charlotte Biz 5601 77 Center Drive, Suite 250 Charlotte, N.C. 28217 704-676-5850 Phone 704-676-5853 Fax www.greatercharlottebiz.com Publisher of Greater Charlotte Biz, the Charlotte region’s premier monthly business-to-business magazine, read by over 100,000 business owners, managers and executives at business locations in the 16-county region across both North and South Carolina. Also publisher of Choose CharlotteUSA, the greater Charlotte region’s annual economic development guide, supporting and promoting the growth and development of the regional business community, and encouraging businesses to relocate to or expand in this marketplace. Charlotte Regional Partnership 1001 Morehead Square Drive, Suite 200 Charlotte, N.C. 28203 800-554-4373 Toll Free 704-347-8942 Phone 704-347-8981 Fax www.charlotteusa.com A nonprofit, private/public organization dedication to the planned growth and economic prosperity of the 16-county Charlotte USA region—12 counties in North Carolina and 4 in South Carolina. The organization brings together government and local businesses to market and promote Charlotte USA to industries and their executives, nationally and internationally, as a highly competitive, vibrant region with an increasingly attractive quality of life.

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CONTENT PROVIDERS

ESRI, Inc. 3325 Springbank Lane, Suite 200 Charlotte, N.C. 28226 704-541-9810 Phone 704-541-7620 Fax www.esri.com With annual sales of more than $560 million, ESRI is the world leader in the geographic information system (GIS) software industry, developing and supporting GIS software for all types of organizations—from the one-person office to multinational corporations to innovative Internet GIS solutions.

LITTLE Diversified Architectural Consulting, Inc. 5815 Westpark Drive Charlotte, N.C. 28217 704-525-6350 Phone 704-561-8710 Fax www.littleonline.com www.skyscraper-digital.com LITTLE is one of the nation’s largest diversified architectural consulting firms, with over 300 employees located through the

United States. Headquartered in Charlotte, North Carolina, and supported by seven remote offices, LITTLE specializes in the workplace, retail and institutional industries. LITTLE offers a complete range of services including architecture, interior architecture, FM strategies, engineering design, land development, virtual environments, graphic design and building technology services.

Charlotte Chamber of Commerce 330 South Tryon Street Charlotte, N.C. 28202 704-378-1303 Phone 704-338-5453 Fax www.charlottechamber.com Works to grow the economy; serve as a voice for local business and deliver value in order to ignite success for chamber members and for Charlotte. Recruits new businesses and retains and supports existing businesses to promote quality economic growth. Represents members’ interests in government and legislative issues. Charlotte Center City Partners 200 S. Tryon Street, Suite 1600 Charlotte, N.C. 28202 704-332-9583 phone 704-342-1233 fax www.charlottecentercity.org Dedicated to the promotion and enhancement of business, cultural, retail and residential initiatives in Charlotte’s central business district through the support of existing and relocating businesses in center city and Historic South End and the production of various events throughout each year. Charlotte Regional Economic Development Guide 2007

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Charlotte Regional Economical Development Guide 2007