In 2012, the Bluegrass Business Development Partnership affected 1,602 New Jobs With average wages...

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In 2012, the Bluegrass Business Development Partnership affected 1,602 New Jobs With average wages of $46,515 $207,258,158 in Capital Investment. Economic Development Goals for 2012. Project Leads. Industry Breakdown of Announced Locations. 250 New Jobs $60,000 AVG Wage - PowerPoint PPT Presentation

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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