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State of the Region: Transition by Cooperation

State of the Region: Transition by Cooperation. John D. Chaffee President & CEO. Northeast. Piedmont Triad. Research Triangle. Advantage West. Charlotte. Eastern. Southeast. NCPED North Carolina Partnership for Economic Development

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State of the Region: Transition by Cooperation

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  1. State of the Region:Transition by Cooperation John D. Chaffee President & CEO

  2. Northeast PiedmontTriad ResearchTriangle Advantage West Charlotte Eastern Southeast NCPED North Carolina Partnership for Economic Development Statewide Consistency, Regional Flexibility

  3. NCER created in 1993 by NC Legislature in response to creation of GTP: self-selected members A regional municipality – consisting of 13 counties $15 million from license plate fee to create revolving loan fund for member counties (15% for operations) One-time state appropriation of $7.5 million for loan fund allocated equally among member counties Annual state appropriation for marketing (plus loan revenues and other sources that support operations) NCER Origin and Finances

  4. NCER Governance • Development Commission Board – 19 members • One appointee per county (by County Commissioners) – 13 members • Two each Appointees from the office of: • Governor • Speaker of the House • Senate President Pro Tempore

  5. New Business Starts

  6. Employment in Small Firms

  7. Challenges: global & national situation – the economic slump and federal actions ‘Federal legislation (2003) changed effect of NAFTA/CAFTA from job losses of 5,000/year to 25,000/year in our textile/apparel industry as a result of a surge in imports from SE Asia’ Trade agreements may be good for US trade but created problems for North Carolina and NCER

  8. Closures & Mass Layoffs

  9. 2007 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  10. 2008 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  11. 2009 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  12. 2010 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  13. 2011 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  14. Obviously unemployment has fluctuated since the Great Recession then seemed to improve in 2010 but has actually drifted upward over the past year… So, what’s happened over the last twelve months?

  15. Feb 2011 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  16. April 2011 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  17. June 2011 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  18. August 2011 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  19. Oct 2011 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  20. Dec 2011 NCER Unemployment Rate 7-7.9 8-8.9 9-9.9 10 + 4-4.9 5-5.9 6-6.9 Nash Edgecombe Wilson Pitt Greene Wayne Lenoir Craven Pamlico Jones Duplin Onslow Carteret

  21. So…we began to see improvement… • While private sector job growth continued during the latter half of the year, only Wayne/Greene saw declines in unemployment rates… • Public sector job losses were a drag on economy with elimination of state/local government jobs • Announced expansions as well as new company locations have not had much impact…yet…the impact of new primary job creation usually lags • New developments will have an impact on success

  22. People Living in Poverty

  23. Travel & Tourism Expenditures

  24. National Heritage Area designation • 3 eastern NC advanced concept (Hanbury Preservation & associates) to conduct feasibility study (GLF funding) • Inventoried 100+ heritage assets in 40 counties • Invited Coast Host TDAs to participate in study • Conducted 6 public meetings • 3 subregions & 3 themes (Settling a New World, Living with Land & Water, and Defense of a Nation)

  25. National Heritage Area Subregions

  26. 2011: Transition through cooperation Where we succeeded: • MBCOI – 5 universities, federal lab, ED agencies unite: $2.5 mil from NCBC for commercialization • Workforce Development: all counties, CCs and WDBs under ASPIRE with statewide recognition • NCER now leads all regions with # and % of CRCs – 4 counties among top 10 – will become a marketing advantage for NCER & our counties

  27. North Carolina Career Readiness Certificates Awarded

  28. Where we succeeded • NCER chosen for regional pilot WorkReady Communities (key support – ECWDB & CCs) and received $130,000 from Rural Center • STEM East – received $350,000 (Golden LEAF) for demonstration project with 4 school districts (CCs and key employers) - intent to spread network

  29. Where we succeeded • Goldsboro/Wayne County (Wayne/Lenoir CCs) recognized by AAR as ‘Best Practices’ for requiring CRCs for HS grads AND developing mid-level skills training in 90 days vs. 2 years • Rocky Mount Metro – Top Small Metros in South by Southern Business & Development magazine • Greenville - Top 10 FDI ‘American City of the Future’ (economic potential & human resources)

  30. Where we fell short • Failed to close on a couple of significant projects • Many expansions (confidence), few new projects • Several key projects lingered (but remain active) • Need to showcase entrepreneurial success and what services our partners can provide • Educational progress, struggling in some measures

  31. SAT Scores

  32. We are making progress in other areas • ‘World is watching’ how we respond to labor needs of employers, especially STEM jobs • So far – favorable reports by several firms: aerospace (Spirit & AAR on record with positive comments) and life science sectors (Metrics openly stated successful with scientific talent) • Making progress in important categories

  33. Educational Requirements for U.S. Jobs 1973-2018 Source: Center on Education and the Workforce, Dec 2009

  34. Educational Attainment

  35. Community College Enrollment

  36. ECU Engineering Graduates

  37. Per Capita Income

  38. Regional Job Growth • Coastal Sub-Region • MBCOI to catalyze marine science sector (Carteret) • Multiple plant expansions (Onslow) • Central Sub-Region • Sanderson Farms (Lenoir) • Smithfield Foods (Lenoir) • The Pork Company (Duplin) • AAR (Wayne) – 100 jobs • Spirit AeroSystems-Gulfstream Package (Lenoir) – 150+ jobs • West Pharmaceutical Services (Lenoir) • Pioneer Hi-Bred R&D facility (Lenoir) - 10 jobs • Cooper Standard Automotive (Wayne) - 137 jobs

  39. Regional Job Growth • North Sub-Region • BD (Becton, Dickinson and Company) (Wilson) • Superior Essex (Edgecombe) – 166 jobs • QVC, Inc (Edgecombe) –expanded 500 jobs (Delayed until 2012) • Keihin Carolina Systems Technology (Edgecombe) - 50 jobs • Tobacco Rag Processors, Inc. (Wilson) -29 jobs • Pitt Sub-Region • Pioneer Surgical Orthobiologics – 10 jobs • Confidential Records Management • The Roberts Company - 29 Jobs (exp) • Vidant Health Children’s Hospital – 200+ • VA Medical Clinic – broke ground – 150 jobs

  40. Making Progress With continued support from our partners and a willingness to embrace innovative solutions, NCER will continue to make progress. • Greene County is borrowing from NCER at 3.5% and making • loans to small businesses at 4.5% to address financing issues • and preserve/create jobs • Pitt County continues to invest in Technology Enterprise • Center to accommodate emerging life science companies • Lenoir County borrowed NCER funds to expand industrial park • infrastructure to serve new/expanding companies

  41. Questions? John D. Chaffee President and CEO North Carolina’s Eastern Region 3802 Hwy. 58 North Kinston, NC 28504 252-522-2400 chaffee@nceast.org www.nceast.org

  42. Prospect Missions & Events YTD 2011

  43. Current Projects by Cluster

  44. NCER Clusters

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