2012 q2 report

QUARTERLY ECONOMIC UPDATE | Q2 2012

Th

e

TOTAL PAYROLL EMPLOYMENT

Source: Current Employment Statistics, U.S. Bureau of Labor Statistics. Source: Local Area Unemployment Statistics, Bureau of Labor Stats.

Seasonal adjustment of MSA employment by Regionomics LLC. Seasonal adjustment of regional rate by Regionomics LLC.

COLUMBUS REGION LABOR FORCE

Source: Local Area Unemployment Statistics, Bureau of Labor Stats.

Seasonal adjustment of regional rate by Regionomics LLC.

1


EMPLOYMENT, LABOR FORCE, UNEMPLOYMENT RATES

COLUMBUS REGION UNEMPLOYMENT

RATE

88.0

90.0

92.0

94.0

96.0

98.0

100.0

102.0

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/10

7/1

0

10/1

0

1/11

4/1

1

7/11

10/1

1

1/12

4/1

2

Ind

ex

: 1/

08

= 1

00

.0

Columbus MSA Ohio US

920

970

1,020

1,070

1,120

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/1

0

7/1

0

10/1

0

1/11

4/1

1

7/11

10/1

1

1/12

4/1

2

Th

ou

sa

nd

s

Labor force

Labor force, normal growth

Resident employment

0%

2%

4%

6%

8%

10%

12%

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/10

7/1

0

10/1

0

1/11

4/11

7/1

1

10/1

1

1/12

4/12

Columbus Region Ohio U.S.

Columbus metro area employment rose faster than

that of Ohio and U.S.: Columbus MSA employment

rose 7,600 (0.8%) in the second quarter, compared to

Ohio growth of 0.7% and U.S. growth of 0.2%.

Employment growth in the first half was 17,700 (1.9%)

for the MSA, 1.6% for Ohio, and 0.7% for the U.S.

Columbus Region unemployment rate down to

6.3%: The 11- -

adjusted unemployment rate fell to 6.3% in June,

compared to a 7.2% Ohio rate and an 8.2% U.S. rate.

The number of employed residents increased while the

number of active local job-seekers remained essentially

constant, leading to the decline in the unemployment

rate.

Gap remains between normal and actual labor force

growth: The difference between reported labor force

and the level assuming normal growth continues to

widen, indicating a growing overhang of discouraged

workers.

MANUFACTURING

PROFESSIONAL & BUSINESS SERVICES COMPUTER DESIGN & RELATED SERVICES FINANCE & INSURANCE

Source: Current Employment Statistics, U.S. Bureau of Labor Statistics.

Seasonal adjustment of MSA employment by Regionomics LLC.

2


EMPLOYMENT BY INDUSTRY

LOGISTICS: TRANSPORTATION,

WAREHOUSING & WHOLESALE

MSA SHARE OF EMPLOYMENT BY INDUSTRY,

JUNE 2012

80.0

85.0

90.0

95.0

100.0

105.0

110.0

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/1

0

7/10

10/1

0

1/11

4/1

1

7/11

10/11

1/12

4/12

Ind

ex

: 1/

08

= 1

00

.0


70.0

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/1

0

7/1

0

10/1

0

1/11

4/11

7/11

10/11

1/12

4/1

2

Ind

ex

: 1/

08

= 1

00

.0


80.0

85.0

90.0

95.0

100.0

105.0

110.0

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/1

0

7/1

0

10/10

1/11

4/1

1

7/1

1

10/11

1/12

4/12

Ind

ex

: 1/

08

= 1

00

.0


80.0

85.0

90.0

95.0

100.0

105.0

110.0

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/1

0

7/10

10/1

0

1/11

4/11

7/1

1

10/11

1/12

4/1

2

Ind

ex: 1/

08

= 1

00

.0


80.0

90.0

100.0

110.0

120.0

130.0

140.0

150.0

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/10

7/1

0

10/1

0

1/11

4/11

7/1

1

10/1

1

1/12

4/12

Ind

ex

: 1/

08

= 1

00

.0


Logistics 10%

Manufacturing 7%

Professional & business svcs

18%

Computer design &

related svcs 3% Finance &

insurance 7%

Healthcare & social

assistance 14%

Leisure & hospitality

11%

Government 18%

Retail trade 12%

LEISURE & HOSPITALITY

Industry MSA empl. chg. OH US

% % % GOVERNMENT RETAIL

Logistics +1.2 -0.5 0.5

Manufacturing +0.6 1.1 0.3

Business services +0.1 1.0 0.7

Computer-related +0.7 -1.6 1.2

Finance & insurance -0.2 0.4 0.2

Healthcare & social assistance +0.9 +0.4 +0.4

Leisure & hospitality +4.8 +1.1 0.0

Government -1.6 +0.1 -0.2

Retail +2.2 +0.5 +0.1

3


EMPLOYMENT BY INDUSTRY (continued)

HEALTHCARE & SOCIAL ASSISTANCE

+1,000

+4,200

-2,400

+2,100

No.

+900

+400

+100

+200

-100

Charts on pages 2 and 3 show that the Columbus

metro area experienced employment gains in logistics,

healthcare, leisure & hospitality, and retail, above Ohio

and U.S. rates. The MSA underperformed in business

services and saw losses in finance and government.

Manufacturing gained 400 jobs (0.6%), partly

offsetting a 4,600-job loss over the previous eight

months.

Leisure & hospitality employment surged 4,200 jobs

(4.8%).

Retail continued its strong growth with a gain of 2,100

jobs (2.2%). Ohio gained 0.5% and the U.S. gained 0.1%.

The second quarter gain brings total growth since

February 2010 to 6,400 (6.7%).

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

125.0

130.0

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/1

0

7/10

10/1

0

1/11

4/1

1

7/11

10/1

1

1/12

4/12

Ind

ex

: 1/

08

= 1

00

.0


80.0

85.0

90.0

95.0

100.0

105.0

110.0

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/10

7/1

0

10/10

1/11

4/11

7/11

10/1

1

1/12

4/1

2

Ind

ex

: 1/

08

= 1

00

.0


80.0

85.0

90.0

95.0

100.0

105.0

110.0

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/1

0

7/1

0

10/10

1/11

4/11

7/11

10/11

1/12

4/12

Ind

ex: 1/

08

= 1

00

.0


80.0

85.0

90.0

95.0

100.0

105.0

110.0

1/0

8

4/0

8

7/0

8

10/0

8

1/0

9

4/0

9

7/0

9

10/0

9

1/10

4/10

7/10

10/1

0

1/11

4/1

1

7/1

1

10/1

1

1/12

4/1

2

Ind

ex: 1/

08

= 1

00

.0


FAIRFIELD COUNTY

FRANKLIN COUNTY KNOX COUNTY

Source: Quarterly Census of Employment and Wages, U.S. Bureau of Labor Statistics. Source: Quarterly Census of Employment and Wages, U.S. Bureau of Labor Statistics.

4

DELAWARE COUNTY


EMPLOYMENT BY COUNTY

REGIONAL SHARE OF EMPLOYMENT BY COUNTY,

2011

Charts on pages 4 and 5 show 11-year trends of

Columbus Region employment at the county level,

including newly released 2011 totals.

Franklin County accounts for 70% of total regional

employment, down from 74% in 2001. However, the

county reversed a near-steady 11-year decline, adding

9,910 jobs (1.5%).

Columbus Region employment rose 1.7% in 2011 (15,399)

vs. U.S. growth of 1.2%.

Delaware County employment increased 4.9% in 2010 to

75,663. This is double its 2001 level.

Licking and Madison also enjoyed better-than-average

gains, up 2.9% and 2.8%, respectively.

80.0

100.0

120.0

140.0

160.0

180.0

200.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex: 2

00

1 =

10

0.0

Delaware Region U.S.

Franklin 70%

Delaware 8%

Licking 5%

Fairfield 4%

Union 3%

Marion 3%

Other counties in

Region 7%

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex: 2

00

1 =

10

0.0

Fairfield Region U.S.

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex: 2

00

1 =

10

0.0

Franklin Region U.S.

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex: 2

00

1 =

10

0.0

Knox Region U.S.

LICKING COUNTY LOGAN COUNTY MADISON COUNTY MARION COUNTY

MORROW COUNTY PICKAWAY COUNTY UNION COUNTY REGION EXCLUDING FRANKLIN

Source: Quarterly Census of Employment and Wages, U.S. Bureau of Labor Statistics.

5

EMPLOYMENT BY COUNTY (continued)


75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex: 2

00

1 =

10

0.0

Licking Region

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex

: 2

00

1 =

10

0.0

Logan Region U.S.

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex: 2

00

1 =

10

0.0

Madison Region

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex

: 2

00

1 =

10

0.0

Marion Region U.S.

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex

: 2

00

1 =

10

0.0

Morrow Region U.S.

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex

: 2

00

1 =

10

0.0

Pickaway Region U.S.

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex

: 2

00

1 =

10

0.0

Union Region U.S.

75.0

80.0

85.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Ind

ex: 2

00

1 =

10

0.0

Region excl Franklin

Region

INDUSTRIAL REAL ESTATE VACANCY RATES PORT COLUMBUS INTL. AIRPORT PASSENGERS

Source: CB Richard Ellis. Source: Columbus Regional Airport Authority.

OFFICE VACANCY RATES RICKENBACKER INTL. AIRPORT CARGO HANDLED

Source: CB Richard Ellis. Source: Columbus Regional Airport Authority.

6

AIRPORT PASSENGERS & CARGOCOMMERCIAL REAL ESTATE


0.0

5.0

10.0

15.0

20.0

25.0

20

07-Q

1

20

07

-Q2

20

07-Q

3

20

07-Q

4

20

08

-Q1

20

08

-Q2

20

08

-Q3

20

08

-Q4

20

09

-Q1

20

09

-Q2

20

09

-Q3

20

09

-Q4

20

10-Q

1

20

10-Q

2

20

10-Q

3

20

10-Q

4

20

11-Q

1

20

11-Q

2

20

11-Q

3

20

11-Q

4

20

12-Q

1

20

12-Q

2

Pe

rce

nt

Columbus U.S.

0.0

5.0

10.0

15.0

20.0

25.0

20

07

-Q1

20

07-Q

2

20

07

-Q3

20

07-Q

4

20

08

-Q1

20

08

-Q2

20

08

-Q3

20

08

-Q4

20

09

-Q1

20

09

-Q2

20

09

-Q3

20

09

-Q4

20

10-Q

1

20

10-Q

2

20

10-Q

3

20

10-Q

4

20

11-Q

1

20

11-Q

2

20

11-Q

3

20

11-Q

4

20

12-Q

1

20

12-Q

2

Pe

rce

nt

Columbus U.S.

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

Q1 Q2 Q3 Q4

Th

ou

san

ds o

f p

asse

ng

ers

2008 2009 2010 2011 2012

0

10,000

20,000

30,000

40,000

50,000

60,000

Q1 Q2 Q3 Q4

Th

ou

sa

nd

s o

f p

ou

nd

s

2008 2009 2010 2011 2012

Source: U.S. Census Bureau. Source: Columbus Board of Realtors.

CHANGE IN RESIDENTIAL SALES FROM SAME QUARTER PREVIOUS YEAR

Source: Columbus Board of Realtors, National Association of Realtors.

7


HOUSING

RESIDENTIAL SALES, COLUMBUS MLS

AREA

RESIDENTIAL BUILDING PERMITS,

COLUMBUS MSA Building permits up higher in Columbus metro area

than in U.S.: Building permits were issued for 1,733

residential units in the Columbus MSA during the

second quarter, up 45% from the previous year. The

comparable U.S. gain was 37.6%.

Single-unit permits in the MSA were up 38% over last

year; the national gain was 19%.

Number of home sales in Columbus up 14%: Home

sales in the Columbus Multiple Listing Service area

(larger than and somewhat different from the Region)

totaled 6,247, up 13.9% from last year. Nationally,

home sales during the quarter were 8.6% higher than

last year, but were 16.2% higher in the Midwest.

Dollar volume of MSA home sales increased 22.3% to

$1.088 billion.

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

Q1 Q2 Q3 Q4N

um

bn

er

of

Pe

rmit

s

2008 2009 2010 2011 2012

0

1,600

3,200

4,800

6,400

8,000

Q1 Q2 Q3 Q4

Nu

mb

ne

r o

f S

ale

s

2008 2009 2010 2011 2012

-30%

-20%

-10%

0%

10%

20%

30%

40%

20

08

-Q1

20

08

-Q2

20

08

-Q3

20

08

-Q4

20

09

-Q1

20

09

-Q2

20

09

-Q3

20

09

-Q4

20

10-Q

1

20

10-Q

2

20

10-Q

3

20

10-Q

4

20

11-Q

1

20

11-Q

2

20

11-Q

3

20

11-Q

4

20

12-Q

1

20

12-Q

2

Pe

rce

nt

Ch

an

ge

Columbus MLS

U.S.

MSA HOUSE PRICE CHANGE, 1ST QUARTER 2007 TO 1ST QUARTER 2012

MSA HOUSE PRICE CHANGE, 2ND QUARTER 2009 TO 1ST QUARTER 2012

Source: Federal Housing Finance Agency House Price Index.

8


HOUSING (continued)

FHFA HOUSE PRICE INDEX, 1ST QUARTER 2007 -

1ST QUARTER 2012

-16.7%

-8.1%

-40% -35% -30% -25% -20% -15% -10% -5% 0% 5% 10%

Jacksonville

Detroit

San Diego

Chicago

Minneapolis

United States

Cleveland

Milwaukee

Kansas City

St Louis

Charlotte

Cincinnati

Columbus

Nashville-Davidson

Indianapolis

Raleigh

Oklahoma City

Pittsburgh

Austin

80.00

85.00

90.00

95.00

100.00

105.00

20

07

-Q1

20

07

-Q3

20

08

-Q1

20

08

-Q3

20

09

-Q1

20

09

-Q3

20

10-Q

1

20

10-Q

3

20

11-Q

1

20

11-Q

3

20

12-Q

1

Ind

ex: 1s

t Q

tr. 2

00

7 =

10

0.0

Columbus MSA Ohio U.S

-8.5%

-5.2%

-25% -20% -15% -10% -5% 0% 5%

Jacksonville

Chicago

Minneapolis

Detroit

Charlotte

Cleveland

United States

Milwaukee

Raleigh

Kansas City

Nashville-Davidson

St Louis

Columbus

San Diego

Cincinnati

Indianapolis

Austin

Oklahoma City

Pittsburgh

Prices in Columbus and other housing markets still

trending downward: Columbus MSA house prices in

the first quarter were down 0.8% from a year earlier,

compared to losses of 1.0% in Ohio and 1.4%

nationwide. The local loss ranked 23rd among the 64

million-plus regions in the U.S.

HISTORIC AND FORECAST U.S. GDP; HISTORIC PERSONAL CONSUMPTION

Source: U.S. Bureau of Economic Analysis, Wall Street Journal Economic Forecasting Survey.

CPI INFLATION, LARGE MIDWEST CITIES

Source: Consumer Price Index (CPI-U), U.S Bureau of Labor Statistics

9


GDP AND INFLATION

Slower growth in U.S. GDP and personal

consumption:

The preliminary estimate of U.S. Gross Domestic

Product (GDP) showed an annualized increase of

1.5% in the second quarter, less than the previous

Growth in personal consumption (70% of the

economy) was also 1.5%, its slowest in a year,

driven by slowing in purchases of consumer

durables. The Thomson Reuters/University of

Michigan Index of Consumer Sentiment registered

a large drop in June and fell further in July.

U.S. GDP growth to remain below 2.5% into 2013:

The July Wall Street Journal economic forecasting

survey expected GDP growth to remain below 2.5%

into 2013. Economists continued to assign a low risk to

recession, but almost all said that it is more likely that

their forecast is too optimistic rather than too

pessimistic.

Overall inflation fell to 1.7%, but core inflation

(excluding food and energy items) continued to creep

upward and now stands at 2.3%.

-3%

-2%

-1%

0%

1%

2%

3%

4%

5%

6%

20

08

-Q1

20

08

-Q2

20

08

-Q3

20

08

-Q4

20

09

-Q1

20

09

-Q2

20

09

-Q3

20

09

-Q4

20

10-Q

1

20

10-Q

2

20

10-Q

3

20

10-Q

4

20

11-Q

1

20

11-Q

2

20

11-Q

3

20

11-Q

4

20

12-Q

1

20

12-Q

2

An

nu

alize

d C

ha

ng

e (

Pe

rce

nt)

All items

Excl.Food &Energy (core)

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

20

08

-Q1

20

08

-Q2

20

08

-Q3

20

08

-Q4

20

09

-Q1

20

09

-Q2

20

09

-Q3

20

09

-Q4

20

10-Q

1

20

10-Q

2

20

10-Q

3

20

10-Q

4

20

11-Q

1

20

11-Q

2

20

11-Q

3

20

11-Q

4

20

12-Q

1

20

12-Q

2

20

12-Q

3

20

12-Q

4

20

13-Q

1

20

13-Q

2

An

nu

alize

d C

ha

ng

e (

Pe

rce

nt)

GDP

Personal Cons.Exp.

PROJECTS ACTIVE AT END OF EACH MONTH

10

NUMBER OF PROJECTS (2012 v. 2011) FIRST-TIME VISITS (2012 v. 2011)

PROJECTS ACTIVE AT END OF EACH MONTH

BY INDUSTRY


COLUMBUS 2020 PERFORMANCE | PROJECTS JAN-JUL 2012

As of July 2012, Columbus 2020 had 158 projects started

year to date, more than 80 percent higher than the 2011

pace. There were also 44 first-time visits to the Columbus

Region by companies year to date through July, 38 percent

higher than the 2011 pace.

9 11

17 18

11 12 9 9

16 19

13 10

27

12

25

14

22

37

21

0

10

20

30

40

50

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2011 2012

0

7

4

2 2

9 8

3 2

4

8

2

12

6 7

5

7

4 3

0

3

6

9

12

15

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2011 2012

The composition of projects in the pipeline has changed in

2012 compared to 2011. Existing business projects now

make up about 40 percent of projects active at any given

time, compared to 10-15 percent in 2011. Establishment of

Columbus 2020's Business Retention and Expansion team

has been a major factor. Industry composition has also

shifted. Office projects represent a greater share now. The

number of manufacturing projects has remained steady,

but the percent share has fallen from 59 to 44 percent. 6 5 7 10 8

17

44

34 34 39

42

57 58 64 61

70 73 65 66

57

66

53 59

68

82 80

0

10

20

30

40

50

60

70

80

90

100

Jul2011

Aug Sep Oct Nov Dec Jan2012

Feb Mar Apr May Jun Jul2012

Existing New

52% 19%

17%

12% Oct 2011

49%

19%

17%

15%

Jan 2012

41%

34%

17%

8%

Apr 2012

43%

28%

17%

12%

Jul 2012

Manufacturing Office Logistics Tech/R&D

2012 Q3 PLANNED ACTIVITIES

11

COLUMBUS 2020 PERFORMANCE | DEVELOPMENT ACTIVITIES JAN-JUL 2012


2012 Q2 COMPLETED ACTIVITIES

EXISTING BUSINESS VISITS CONDUCTED BY

INDUSTRY

EXISTING BUSINESS VISITS CONDUCTED BY

PLACE

In the second quarter of 2012, the Columbus 2020 Attract

team traveled across the U.S. and the globe visiting 13 U.S.

cities, 10 states, and two foreign countries. Visits included

business development missions, industry conferences, and

consultant and active project calls. Third quarter visits

include 11 U.S. cities, including business development

missions to California, Detroit, and St. Louis, as well as

international missions to China and Toronto. In all of 2011,

the team visited 30 U.S. cities and six foreign countries.

The Columbus 2020 Business Retention and Expansion

team and our local economic development partners

conducted a combined total of 311 visits to businesses in

the Region during the first seven months of 2012,

approximately 13 percent higher than the pace for the

same period in 2011. Manufacturing businesses represent a

43 percent share of visits, followed by headquarters and

business services at 34 percent.

Manu- facturing

43%

Office 34%

Logistics 13%

Tech/ R&D 8%

0

20

40

60

80

100

120

140

Columbus 2020 Local ED Partner

12

ED PROJECT ANNOUNCEMENTS - JOB

CREATION

ED PROJECT ANNOUNCEMENTS, COUNT

BY MUNICIPALITY

ED PROJECT ANNOUNCEMENTS, COUNT

BY PLACE


ED PROJECT ANNOUNCEMENTS BY

INDUSTRY

NOTABLE EXPANSIONS & LOCATIONS | JAN-JUL 2012

Columbus 2020 tracks economic development project

announcements in the Columbus Region. Our database contains 69

projects for the first seven months of 2012. Of the 69 projects, 45%

have been in manufacturing and 23% in headquarters/office functions,

roughly similar to 2011 numbers. Projects year to date in 2012

represent a combined total of 7,042 jobs anticipated to be created or

retained. 44%

25%

12%

19%

2011

45%

23%

15%

17%

Jan-Jul 2012

Manufacturing Office Logistics Tech/R&D

4,132

5,840

7,839

1,422

4,230

1,390

0

2,000

4,000

6,000

8,000

10,000

Attract Expand Retain

2011 Jan-July 2012

17

7 5 5

15

20

0

5

10

15

20

25

(BOLD = Announcements added since last quarterly report)

COMPANY DESCRIPTION CITY COUNTY NO. OF JOBS

2Checkout.com Electronic payment services Grandview Heights Franklin

Access America Transport Freight services Hilliard Franklin

Agri-Industrial Products LLC Manufacturer and distributor of replacement parts for agricultural, landscaping, industrial markets Columbus Franklin

Aleris Residential aluminum building products Ashville Pickaway

Allied Mineral Products, Inc. Foundry - steel, aluminum, copper and zinc Columbus Franklin

Anomatic Manufacturer of anodized aluminum New Albany Licking

Ariel Corporation Gas compressors Mount Vernon Knox

Arminak & Associates Manufacturer of packages and containers for personal care products New Albany Licking

ASK Chemical LP Chemicals Dublin Franklin

Autotool Manufacturer of automated systems for auto companies and suppliers Jerome Township Union

Banner Metals Manufacturer of parts for aviation, auto, construction equipment Columbus Franklin

Bare Escentuals, Inc. Consumer products Groveport Franklin

Boeing Corporation Electrostatically supported gyro navigation repair line Heath Licking

Bound Tree Medical (Sarnova) Specialty provider of emergency medical and acute care products Dublin Franklin

Call Copy Information services and software Columbus Franklin

Cardington Yutaka Tier II Honda Supplier Cardington Morrow

City Fund Services Ohio, Inc. Fund services including administration and accounting, transfer agency and shareholder services, compliance and regulatory supportColumbus Franklin

Cleverley & Associates Health care data and cost analysis for hospitals Worthington Franklin

Closed Loop Refining and Recovery Electronic recycling Columbus Franklin

Columbus Galvanizing Steel galvanizing Columbus Franklin

ContactUS LLC Contact center for clients in need of inbound and outbound support Columbus Franklin

Dawson Resources Employment services Grandview Heights Franklin

Delaware Art.com, Inc. Fulfillment center for art and décor items Lockbourne Franklin

Discover Financial Data center New Albany Franklin

Elton Manufacturing Manufacturer of window and weatherstripping products to garage door industry Worthington Franklin

Exel Logistics Obetz Franklin

F.T. Precision Rocker arms supplier for Honda Fredericktown Knox

FIMM USA, Inc. Manufacturer of metallic broom and mop handles, tools and snow shovels Columbus Franklin

13

Expansion189

28 Expansion



Attraction

Expansion

40 Expansion

NA Attraction

75

TYPE

27 Expansion

100

60

NA Expansion

68 Expansion

44 Retention / Expansion


185 Expansion

25 Attraction


662 Expansion

55 Attraction

NA Attraction

175 Expansion


NA Expansion

275 Attraction

100 Expansion

NA Expansion

200 Expansion

Expansion

NA Expansion

NA Expansion




Florida Production Engineering Injection molding for auto manufacturing Circleville Franklin

Graphic Packaging International Paperboard provider to beverage companies Marion Marion

HFI LLC Honda supplier Canal Winchester Fairfield

Honda R&D Automotive research and development Marysville Union

Honda Transmission Automatic transmissions for Accord, Acura TL, Acura MDX, Acura RDX Russells Point Logan

Honda/Acura Autmotive manufacturing East Liberty Logan

Howard Hanna Real estate brokerage office Upper Arlington Franklin

Hubbard Enterprises, LLC Manufacturer of rigs for oil and gas industry Lancaster Fairfield

Humana Office Dublin Franklin

ITM Marketing Call center Granville Township Licking

J P Morgan Chase Financial services Westerville Delaware

Knox Community Hostpital Hospital Mount Vernon Knox

La Senza Fashion retailer Columbus Franklin

Lancaster Pollard Financial services for health care, senior living and affordable housing organizations Columbus Franklin

Legacy Commercial Flooring Provider of commercial flooring products Gahanna Franklin

Manifold & Phalor, Inc. Metal products fabrication, die and mold refurbishing and engineering services. Canal Winchester Fairfield

Marcy Industries Metal fabrication, machining and welding for transportation industry Marion Township Marion

Marion Industrial Center Intermodal freight facility Marion Marion

Mount Vernon Nazarene University Higher education Mount Vernon Knox

Nestle USA Research laboratory Dublin Franklin

Ohio University Medical Campus New medical college campus Dublin Franklin

Orange Barrel Media Advertising agency Columbus Franklin

Oxford Consulting Group, Inc. IT Consulting Westerville Franklin

Pacer International Logistics Dublin Franklin

PACS Switch gears and control panels Mount Vernon Knox

Quantum Health Inc Management of health care benefits and services Columbus Franklin

Rampart Hosting LLC Information Services and Software Columbus Franklin

Rele Sales and distribution center of protective floor boards Columbus Franklin

14

270 Expansion


NA Attraction


2 Attraction

Retention / Expansion

6

39 Expansion


Expansion

40

100 Expansion

15 Expansion

126 Expansion



Attraction

Attraction

Expansion

50

TYPE

NA Expansion

NA

Expansion

155

525 Expansion

100

NA Expansion

75 Attraction

49 Expansion

Expansion

NA Expansion

5 Expansion

200 Expansion

30 Expansion

Attraction

350

50 Expansion

50



Resource Ventures, LTD Online marketing services and consulting Columbus Franklin

Rolls-Royce Energy Systems Gas powered turbines Mount Vernon Knox

RxScan Medical bracelet scanners for pharmaceutical use Powell Delaware

Skylight Financial Provider of paperless payroll systems and services Dublin Franklin

SPARC Holding LLC Business investment and management Columbus Franklin

Switchbox Inc. Web development and IT solutions Worthington Franklin

Tech International Tire repair and wheel services Johnstown Licking

Triple T Transport Inc. Headquarters of freight broker Orange Township Delaware

Veeva Systems Cloud-based business services Hilliard Franklin

Venture Therapeutics Headquarters and pharmaceutical manufacturing New Albany Franklin

Veriano Fine Foods & Spirits Tessora Limone and other spirited beverage products New Albany Franklin

Yachiyo Manfucturer of gas tanks for Honda Marion Marion

Zulily, Inc. E-commerce fufillment center Obetz Franklin

15

9 Expansion

110 Attraction

15 Attraction

40 Expansion

580 Attraction

NA Expansion

20 Attraction

40 Expansion

29 Expansion

39 Expansion

163 Expansion



TYPE



The Columbus 2020 economic update for the second quarter

of 2012 covers regional economic data and economic

development activities year to date, with a focus on April to

June. This update was prepared by the Columbus 2020

Research Team and Bill LaFayette, Ph.D., RegionomicsTM LLC.

2012 q2 report

Business

cb richard

ed project

quarterly

notable expansions

software columbus

columbus msa

current employment

quarterly