• Statesville Regional Development• Public-Private Partnership• Iredell County, City of Statesville, Town of Troutman, Private-Sector Investors

• Opportunity 2015 Initiative• $900,000 pledged over 5 years to market and develop Statesville region• 2,000 new primary jobs• $150 million new investment

• 501c3 Nonprofit Organization• 3-Person Staff

• Promote industrial and commercial development in the region

• Provide services and assistance to help locate, maintain and expand new and ex-isting businesses and industries

• Focused on industrial manufacturing and transportation/distribution sectors

• Limited involvement with start-ups and entrepreneurial ventures

• Very limited or no direct involvement in retail, travel & tourism, health care andsports sectors

• Looking for projects that:• Invest significant capital• Create good jobs (at or above county average, benefits)• Offer a long-term benefit to the community

• Typically have 20-30 projects in the pipeline

• Product Development• Shell Building/Statesville Business Park• Statesville Airport• Barium Springs Technology Park• Troutman/Murdock Industrial Park• Data Center Sites

• Recent Success Stories• Providencia USA

• $130 million investment• 85 Jobs

• Kewaunee Scientific• $13 million• 100 Jobs

• Engineered Sintered Components• $10 million• 35 jobs

• JCPenney Expansion• 225 New Jobs

• Incentive Policies• Powerful "closing" tool• Market-driven - Relatively Conservative• Do not "pick winners and losers;" identify successful companies and support their

efforts• Will be even more important as competition for jobs and investment heats up

• BRE Activities• Industrial outreach

• 200+ visits per year• Partner referrals• Expansion assistance• Retention "intervention"• Corporate training• Community-building

• Site Selection magazine #2 Micropolitan for new and expanding industry in2010; #1 or #2 seven consecutive years

• West Industrial Park named to list of Best Rail Sites in North Carolina