Post on 25-Feb-2016
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In 2012, the Bluegrass Business Development Partnership affected
1,602 New JobsWith average wages of $46,515
$207,258,158 in Capital Investment
Goal ActualProject Leads 130 131
Existing Business Visits
150 150Site Visits 25 41
Economic Development Goals for 2012
Project LeadsBIO; 15
Customer Service Centers; 7
Distribution Center; 10
HQ's; 5
High-Tech; 39
Manufacturing; 27
Business & Professional Services; 28
Industry Breakdown of Announced Locations
BIO; 1
Customer Service Cen-
ters; 1Distribution
Center; 1
HQ's; 2
High-Tech; 8
Manufacturing; 6
Business & Professional Services; 1
250 New Jobs$60,000 AVG Wage
$22,589,098 Investment
15 New Jobs$52,000 AVG Wage
$897,800Investment
94 New Jobs$27,400 AVG Wage
$1,880,000Investment
20 New Jobs$69,014 AVG Wage
$1,567,942 Investment
18 New Jobs$94,000 AVG Wage
$375,000 Investment
TRITON CONTAINER
10 New Jobs$69,500 AVG Wage
$200,000 Investment
30 New Jobs$72,800AVG Wage
$1,890,000 Investment
Grand Opening
$20,000,000 Investment
550 New Jobs$32,531 AVG Wage
$20,700,000 Investment
7 New Jobs$49,000 AVG Wage
Grand Opening
86 New Jobs$65,000 AVG Wage
$31,900,000Investment
25 New Jobs$42,500 AVG Wage
$250,000 Investment
150 New Jobs$45,011 AVG Wage
$8,000,000Investment
23 New Jobs$27,000 AVG Wage
$2,492,040 Investment
50 New Jobs$40,000 AVG
Wage
$10,000,000 Investment
65 New Jobs$35,000 AVG
Wage
$10,000,000 Investment
14 New Jobs$53,206 AVG Wage
$1,631,000 Investment
182 New Jobs$65,651 AVG Wage
$69,858,852 Investment
Five Small Business Innovative Research Companies choose to locate in Lexington! These companies created 50 new jobs with an average wage of $69,000!
Biomedical Development Corporation
TeleHealth Holdings, LLC
Minerva Systems & Technologies
Invenio Therapeutics
Innovative Energy Solutions
SBIR Companies Announcement
New & Expanding BusinessesJanuary – December 2012
Company Investment Announced Jobs
Average Wage
SMC LLC $1,880,000 94 $27,400
Triton Container International $375,000 18 $94,000
Lexmark International $20,000,000
KD Analytical Consulting $897,800 15 $52,000
CirrusMio, Inc. $200,000 10 $69,500
Toyota Motor Manufacturing $31,900,000 86 $65,000
Amazon.com $20,700,000 550 $32,531
Big Ass Fans $8,000,000 150 $45,011
New & Expanding BusinessesJanuary – December 2012
Company Investment Announced Jobs
Average Wage
Xact Communications $1,567,942 20 $69,014
PremierTox $250,000 25 $42,500
Nitto Denko $2,492,040 23 $27,000
Bingham McCutchen $22,589,098 250 $60,000
Birtley $10,000,000 50 $40,000
Allylix Inc. $1,631,000 14 $53,206
Webasto Roof Systems $10,009,426 65 $35,000
New & Expanding BusinessesJanuary – December 2012
Company Investment Announced Jobs
Average Wage
Biomedical Development Corporation
$450,000 6 $52,000
TeleHealth Holdings, LLC $2,455,000 35 $72,800
Minerva Systems & Technologies
$525,000 2 $120,000
Invenio Therapeutics Inc. $1,200,000 3 $60,000
Innovative Energy Solutions $277,000 4 $43,000
Lexington Venture Club $69,858,852 182 $65,651
Bluegrass Rankings
BEST CITIES FOR FINDING A JOB
Forbes, 2011
MID-SIZE COMMUNITY Fourth Economy, 2011
#1
#1
Bluegrass Rankings
LOW COST MANUFACTURING
CENTERBusiness Facilities, 2010
BEST CITY IN TERMS OF
BUSINESS COSTSAlternatives, 2012
#6
#6
Bluegrass Rankings
BEST PLACE FOR BUSINESS AND CAREERSForbes, 2011
MOST EDUCATED WORKFORCE Business Facilities, 2008
#4
#2
Bluegrass Rankings
Business Facilities, 2010
Expansion Management, 2007 Fayette County Public Schools received this distinction for the second year in a row as one of the top third of schools nationwide
Editor’s Location Pick
Blue Ribbon Schools
Bluegrass Rankings
for Recent College Grads and Young
ProfessionalsWho’s Your City by Richard Florida
BEST CITY FOR RELOCATING FAMILIESWorldwide ERC & Primacy Relocation, 2008
Top 5
#2
Bluegrass Rankings
BEST CITIES FOR FAMILIESParenting, 2010
QUALITY OF LIFE METRO Business Facilities, 2010
#5
#7
Bluegrass Rankings
Communities For Young People America’s Promise Alliance, 2010
BEST CITIES FOR EDUCATION Parenting, 2010
100 Best
#2
Bluegrass Rankings
BEST CITY TO RAISE A FAMILY Children’s Health, 2008
BEST CITY TO LIVE IN WORLDWIDEMercer Consulting, 2006
#48
#7
Bluegrass Rankings
City of the Future FDi Intelligence, 2011
PERCENT OF POPULATION WITH AN ADVANCED DEGREE Census Bureau, 2011 ACS
Top 10
US #6
Bluegrass Rankings
COLLEGE SPORTS TOWN Forbes, 2009
BEST VALUE CITY Kiplinger, 2011
#5
#6
Bluegrass Rankings
COLLEGES AND UNIVERSITIES within 40 miles of Lexington
PERCENT OF POPULATION WITH A BACHELOR’S DEGREE US Census Bureau, 2011 ACS
10
#12
Bluegrass Rankings
TOP HOTSPOT FOR YOUNG, TALENTED WORKERS NextCities, 2009
BEST PLACES TO RETIRE CNNMoney, 2010
#13
#3
Bluegrass Rankings
STUDENTS ENROLLED WITHIN 40 MILES OF LEXINGTON
ANNUAL GRADUATES IN THE BLUEGRASS
70,500
12,300
Bluegrass Rankings
BEST MID-SIZE PLACE TO START A SMALL BUSINESSCNNMoney, 2009
CITY FOR SALARY VALUESalary.com, 2008
#6
#14
Bluegrass Rankings
GREENEST CITYPopular Science, 2008
BEST AFFORDABLE PLACE TO RETIRE Women’s Health, 2009
#25
#9
Bluegrass Rankings
AMERICA’S 50 BEST CITIESBusinessWeek, 2012
TOP METRO FOR ECOMONIC
DEVELOPMENTSite Selection, 2012
#25
#7
Bluegrass Rankings
Places To Live The Simple LifeAARP Magazine, 2009
of a Lifetime, America; National Geographic Traveler, 2001
Best
50 Places
Testimonials“We're at work in Lexington building a Great American City. Here you can experience a place unlike any in America...a charming City steeped in history, with a vigorous business, arts, and educational community. Wrapped by a rural landscape that's been named a world monument, Lexington is breaking new ground as a center for inventive and creative thinking in every dimension. When you visit us, you'll want to stay. I promise. That's when we'll wink, smile, and say, "We told you so … it always happens!"-Jim GrayMayor, Lexington
Testimonials
“Lexington enjoys a great quality of life, as well as a robust economy. Our region has the components, such as an educated workforce, low cost of doing business, and business friendly community to create an ideal environment for businesses to grow and prosper.”-Bob Quick, President & CEO of Commerce Lexington Inc.
Testimonials
“Tempur-Pedic is proud to be a part of the dynamic business environment that is Lexington, Kentucky. We couldn’t be more pleased that our success is driving expansion into a new facility, creating new job opportunities right here in the heart of the Bluegrass.” -Mark Sarvary, CEO of Tempur-Pedic International
Testimonials
“In addition to the strong business opportunity presented, we found in Lexington an inviting community and a shared sense of values, which we believe our people will embrace. We look forward to being part of the Lexington community. Based on our experience with local and state officials, as well as business and academic leaders there, we are confident that Lexington will be a great fit for Bingham”-L. Tracee Whitley, COO of Bingham McCutchen LLP
Testimonials"Lexmark has been headquartered in Lexington since 1991, and we are proud to call it home. Lexington's educated workforce and the wide array of colleges and universities in the region continue to be vital to our success as an innovative, dynamic global technology company. The quality of life and ease of doing business here make Lexington second to none." -Jeri Isbell, Vice President, Human Resources of Lexmark International and 2012 chairman of Commerce Lexington Inc.
Testimonials
“A Great American Brand is happy to be bringing A&W Restaurants back home to Lexington,” said Kevin Bazner, CEO for A Great American Brand LLC. “Our executive team evaluated several other cities for the headquarters, but the support offered by Commerce Lexington’s economic development team, the city of Lexington, and the Kentucky Cabinet for Economic Development brought Lexington to the top of the list. We’re proud that Lexington will be home to our global headquarter operations.”
-Kevin Bazner, CEO for A Great American Brand LLC