think aerospace. think nesa

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WWW.NESASC.ORG (843) 661-4669

Think Aerospace: Think South CarolinaAerospace in the United StatesThe United States is home to the largest aerospace market in the world.With a hospitable workforce, extensive distribution systems, diverse offerings and a strong support at the local, regional and national level for policy and promotion.Industry estimates indicate the annual increase in the number of large commercial airplanes during the next 20 years will be 3.5 percent per year for a total of 34,000 valued new aircraft produced with a revenue at $4.5 trillion (list prices). WWW.NESASC.ORG (843) 661-4669

Southeast: Home to booming economiesThe Southeast portion of the United States is home to some of the most burgeoning economies in the country. Economies in the Southeast present an beneficial set of attributes for foreign companies, with many states focusing on diversifying their economies through foreign direct investment. These aspects coupled with business friendly policy, an accessible and well-trained workforce along with a cost of doing business unrivaled in the rest of the country makes the Southeast one of the most attractive business environments in the world. WWW.NESASC.ORG (843) 661-4669

Doing business in South CarolinaSouth Carolina is home to one of the United States most diverse and fastest growing economies.Home to companies such as Toray, Highland Industries (Takata), Bridgestone and others, South Carolina is a great place for Japanese businesses.South Carolina takes a very active approach to attracting foreign companies and offers workforce training initiatives, incentives, speed to market, great access to utilities and distribution, along with competitive sites and buildings available to many companies. The state also works closely with U.S. Commercial Service which gives the state the ability to assist companies exporting to nearly any corner of the world.As of October 2013, South Carolina boasts 162 Japanese-based companies.South Carolinas workforce is ever expanding with a labor force of approximately 3 million and growing by 3.2 percent each year higher than the national average. WWW.NESASC.ORG (843) 661-4669

NESA: Who we areThe North Eastern Strategic Alliance (NESA) is a regional economic development organization representing nine member counties.

NESAs mission is to work with existing county and state economic development organizations to create new jobs and increase the per capita wage of the citizens of the North Eastern region of South Carolina at a rate faster than per capita growth rates for the state and the nation.

The NESA staff is comprised of a professional team specializing in economic development, marketing, business development and research. WWW.NESASC.ORG (843) 661-4669

Who we areThe North Eastern Strategic Alliance region is located in the northeast corner of South Carolina along the eastern coast of the Untied States.

The region itself consists of nine counties, each with their own distinct business advantages.

The NESA region has a population of approximately 730,0000 with two major population hubs in Florence and Myrtle Beach.

The region has a workforce of approximately 300,000 people.

As a state, South Carolina currently has a population of 4,774,839 with a workforce of approximately 1,866,490.

WWW.NESASC.ORG (843) 661-4669

Doing business in the NESA regionThe NESA region provides business an unmatched level of cost savings through a variety of measures.

The regions logistics offer a speed to market unsurpassed by other regions with a desirable distance to major ports, airports, rail and interstates.Competitive state and local incentivesAnnual wages in the NESA region are 33% lower compared to national averages and 17% lower compared to state averages.*The regions workforce is well-educated with more than 7,500 new higher education graduates each year. The region hosts ready-to move in product and buildings.Seven spec buildings throughout the region on certified sites.A number of certified sites throughout the region, created for the aerospace and food processing industries, as well as other industry specific sites.

*JobsEQWWW.NESASC.ORG (843) 661-4669

Regional logisticsMajor Interstate Access:I-95 North/South I-20 East/West I-73 North/South - Proposed I-26 East/West (adjacent to the NESA region)Airport Access:The NESA region features two airports serving non-stop flights to major hubs such as Atlanta, Georgia and Charlotte, North Carolina. Adjacent to the region, there are three major airports, all within a short drive of the epicenter of the NESA region of South Carolina.Direct flights from the Atlanta Hartsfield-Jackson Airport and Charlotte Douglas International Airport to Tokyo, Nagoya and Osaka.Railroad Access:Over 350 miles of rail as well as numerous rail-served sites within the NESA Region Access to Class 1 CSX rail throughout the region. Port Access:Georgetown, South Carolina Charleston, South Carolina (adjacent to the NESA region)Savannah, Georgia (adjacent to the NESA region)Wilmington, North Carolina (adjacent to the NESA region)

WWW.NESASC.ORG (843) 661-4669

Regional logisticsWWW.NESASC.ORG (843) 661-4669

Regional logisticsWWW.NESASC.ORG (843) 661-4669

Midway between New York City and MiamiOne days drive between 75 percent of the United States populationAvailable incentivesNESA facilitates the creation of state incentives packages, which range from Job Tax Credits, Property Tax Incentives to Job Development Credits with the state of South Carolina in conjunction with local incentives.

In total, the state is able to offer the follow statutory incentives*:

No state property taxNo local income taxNo inventory taxNo sales tax on manufacturing machinery, industrial power or materials for finished productsNo wholesale taxNo unitary tax on worldwide profitsFavorable corporate income tax structureLow cost industrial sites and buildings*Source: South Carolina Department of CommerceWWW.NESASC.ORG (843) 661-4669

WorkforceIn addition to the NESA regions low cost of doing business, our workforce remains one of the versatile and productive in the country, with a wide-array of skill sets and an indomitable work ethic. The region boasts a workforce of approximately 300,000 people with a very diverse skill.

Below is breakdown of workers throughout the NESA region based on occupation. WWW.NESASC.ORG (843) 661-4669

Soc Code TitleRegional Avg WageNational Avg Wage 51-2092 Team Assemblers$30,000 $30,600 51-4041 Machinists$36,800 $41,000 15-1121 Computer Systems Analysts$57,500 $85,300 15-1132 Software Developers, Applications$69,500 $96,300 17-2112 Industrial Engineers$83,000 $83,400 17-2141 Mechanical Engineers$75,000 $85,900 51-4011 Computer-Controlled Machine Tool Operators, Metal and Plastic$36,600 $37,300 17-2071 Electrical Engineers$78,800 $93,400 17-3026 Industrial Engineering Technicians$47,100 $54,200 49-3011 Aircraft Mechanics and Service Technicians$47,600 $57,600 17-2011 Aerospace Engineers$91,200 $105,500 51-2011 Aircraft Structure, Surfaces, Rigging, and Systems Assemblers$47,300 $49,600 49-2091 Avionics Technicians$44,900 $56,900 Total Annual Payroll$5,548,200 $6,532,500 Source: JobsEQ.

Wages in the NESA regionIn 2013, the average worker in the NESA region earned $33,135* (3,448,591.40)**.On average, workers throughout the United States accounted for wages 33%* higher than those within the NESA region, while the average wage in the state of South Carolina was 17%* higher than that of the NESA region.

*Source: JobsEQ / **All conversions as of August 18, 2014

WWW.NESASC.ORG (843) 661-4669

NESA Region$33,135 / 3,479,175.00**South Carolina$39,845 / 4,086,383.67**United States$49,851 / 5,112,569.01 **AVERAGE WAGES*

Workforce trainingThe NESA region is home to three universities and colleges as well as four technical schools which produce more than 3,200 bachelors degree graduates, 400 masters degree graduates, 1,900 associates degree graduates and more than 2,000 technical certificate holders annually.

WWW.NESASC.ORG (843) 661-4669

The NESA region is home to three universities and colleges as well as four technical schools which produce more than 3,200 bachelors degree graduates, 400 masters degree graduates, 1,900 associates degree graduates and more than 2,000 technical certificate holders annually.

Francis Marion University offers a newly created industrial engineering degree.

Coastal Carolina University features the world-renowned Wall School of Business.

The region is also home to the Governors School for Science and Mathematics in Darlington County.

The Pittsburgh Institute of Aeronautics is located in Myrtle Beach.

The region is also home to the state-of-the-art Southeastern Institute of Manufacturing and Technology (SiMT), which offers some of the worlds most advanced manufacturing capabilities along with rapid prototyping. Coker College, located in Hartsville.Francis Marion University, located in Florence.Coastal Carolina University, located in Conway.

The Southeastern Institute of Manufacturing and Technology.Workforce trainingWWW.NESASC.ORG (843) 661-4669

Francis Marion University offers a newly created industrial engineering degree.

Coastal Carolina University features the world-renowned Wall School of Business.

The region is also home to the Governors School for Science and Mathematics in Darlington County.

The Pittsburgh Institute of Aeronautics is located in Myrtle Beach.

The region is also home to the state-of-the-art Southeastern Institute of Manufacturing and Technology (SiMT), w