Why Williamson?

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The business case for Williamson County, Tennessee

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1320 West Main Street, Suite 120Franklin, TN 37064

Matt Largen, Director615.261.2880

matt@williamsonprospers.com

The Business Case for Williamson County, Tennessee

Williamson County

Nashville, TN

AccessibilityEasy access to east coast population centers

• A day’s drive from 75% of the U.S.• Interstate 65 and Highway 840 run through Williamson County

• I-40 and I-24 surround and connect creating a grid for easy accessibility and transportation

• 30 minutes from International Airport serving 48 non-stop markets per day

WorkforceCurrent strong labor situation

Nashville Region

Williamson County

Labor force 813,820Unemployment rate 8.2%

Labor force 89,640Unemployment rate 6.6%

TennesseeLabor force 3,077,400Unemployment rate 9.1%

Source: Tennessee Department of Labor and Workforce Development, October 2010

Available WorkforcePopulation doubled since 1997

1990 Census

2000 Census

Spring 2010

Estimate

2015 Projection

Total Population 81,020 126,63

8 180,891 212,352

Total Households 27,927 44,725 61,893 70,429

0

50,000

100,000

150,000

200,000

250,000

1990Census

2000Census

Spring 2010Estimate

2015Projection

Total Population Total Households

Source: US Census Bureau and Demographics Now

Source: US Census Bureau

Available WorkforceSecond highest population growth

Available WorkforceGrowth through in-migration

Source: Internal Revenue Service, 2008

Company

50% of financial service workforce From Tampa, FL, 2008

82% of workforceFrom California, 2006

42% of workforce80% of executives From California, 2005

% of workforce that chose to relocate

Transfer AppealProven record of ability to relocate workforce

Skilled WorkforceHighly educated and well-skilled

Source: Applied Geographic Solutions

Expanding WorkforceHistory of growth

Source: Tennessee Department of Economic and Community Development Research

Available WorkforceConsistently lowest in Tennessee

Source: Tennessee Department of Economic and Community Development Research

Since 2000Employment Growth

Population Growth

Unemployment RateLOW

Corporate relocations, growth of existing industry, & entrepreneurial activity

WorkforceSigns of sustained economic strength

Economic DiversityRisk is minimized through balance of sectors

Source: U.S. Bureau of Labor Statistics, 2009

The location quotient is the ratio that compares the concentration of employment in a certain sector in Williamson County to the concentration of employment of that sector in the United States.

Corporate ImageOver 200 companies with corporate functions

Major EmployersCorporate Headquarters

Major EmployersHealth Care

Major EmployersInformation Technology

Public EducationNumber one priority of Williamson Co.

K-8 K-8 9-12 9-12Math Reading Math Reading

98% 98% 95% 97%

2009Percent of students advanced or proficient, three-year average

Source: 2009 Tennessee Department of Education school system report cards, No Child Left Behind Adequate Yearly Progress portion

Public EducationCreating an educated workforce

2006 2007 2008 2009

Williamson County 91.0 93.4 93.895.3

Middle Tennessee 88.3 88.0 85.887.4

Tennessee 80.7 81.8 82.282.2

2006-2009High school graduation rate

Source: Tennessee Department of Education Report Card 2009

Public EducationCreating an educated workforce

Source: Newsweek 2010

5 schools in Williamson County were listed on Newsweek's Best High Schools list, more than any other county in

Tennessee.

America’s Best High Schools 2010

Newsweek picks the best high schools in the country based on how hard school staffs work to challenge students with advanced placement college-level courses and tests. Just over 1600 schools—only six percent of all the public schools in the U.S.—made the list.

• Brentwood High School• Ravenwood High School• Franklin High School• Fairview High School• Centennial High School

Low cost of doing business

Local property tax rate ranges from $2.31 to $3.60 per $100 of assessed value

3rd lowest county tax rate in Nashville region

Ranks below the average Tennessee county tax rate

No county rate increase in last 7 years

No state income tax$

RankingsConsistently ranked near the top

RankingsConsistently ranked near the top

One of the Best Cities for Startups

1. Boulder, CO2. Boca Raton, FL3. Santa Monica, CA4. Bend, OR5. Irvine, CA

6. Cambridge, MA7. Bellevue, WA8. Franklin, TN9. San Francisco, CA10. Rockville, MD

Ranking by: ZoomProspector.com and Bloomberg Businessweek 2010

RankingsConsistently ranked near the top

Williamson County ranked #1 in health outcomes, mortality, morbidity, health factors, health behaviors, and social/economic factors. - National County Health Rankings, University of Wisconsin's Population Health Institute and Robert Wood Johnson Foundation (2010)

Healthiest County in Tennessee

RankingsConsistently ranked near the top

Personal and Family Economic Well BeingWilliamson County ranks #1 in Tennessee with a perfect 10

Source: TACIR Fast Facts (2010)

Projected Sustained Growth10%-20% projected growth in most areas

Start-Up ActivityHealthy culture of entrepreneurship

30 of the 50 fastest growing private companies in the Nashville region

from the 2009 Inc. 500║5000 are in Williamson County

The Home for Business

12 of the 25 Largest Publicly Traded Companies in the Nashville region call

Williamson County home, including #1-#5

and 7 of the top 10

Headlines

Employer of ChoiceEvidence of strong applicant pool

Received 40,000 applications for 700 jobs in 2005

1320 West Main Street, Suite 120Franklin, TN 37064

Matt Largen, Director615.261.2880

matt@williamsonprospers.com