Confidential © 2009 City of Taylor, TX. All rights reserved. 1

Update on 2008-2011 Board Goals

1Q 2011 Summary(as of March 31, 2011)

Confidential © 2009 City of Taylor, TX. All rights reserved.

Four Key Goals (2008-2011)

1. Business Retention and Expansion – The Taylor EDC will create a favorable business climate and build economic wealth for the community by further developing a business retention and expansion (BRE) program to assist primary employers.

2. Business Recruitment/Development – The Taylor EDC will create a favorable business climate and build economic wealth for the community by increasing business attraction and (targeted) promotional marketing activities which will attract at least $12 million in new capital investments and 300 net new jobs with higher than average payrolls.

3. Workforce Development – The Taylor EDC will develop the quality and size of a sustainable semi-skilled and skilled workforce in Taylor by investing resources in K-12 and higher education programs.

4. Marketing-Communications – The Taylor EDC will improve the brand image of Taylor by promoting the city as an energetic, progressive community with a good quality of life and pro-active business climate.

Confidential © 2009 City of Taylor, TX. All rights reserved.

EDC Goals Snapshot Results

As of 1Q 2011 (March 31, 2011) Campaign Goal

(4-years)

Campaign Actual

To Date

Net New Jobs 300 132

Company Relocations / Expansions - 12

New Capital Investments $12 million $32 million

Prospect Visits (unique company visits) 64 96

BRE Visits (unique company visits) 64 135

Confidential © 2009 City of Taylor, TX. All rights reserved.

Net Job Growth by Sector (2008-2011)

8

-46

-7

82

65

35

-60

-40

-20

0

20

40

60

80

100

Net Job Growth by Sector

Headquarters

Manufacturing

Publishing / Software

Technical Services

Transportation

Wholesale Trade/Recycling

TOTAL JOBS CREATED(Jan 2008- Dec 2011)

+ Total Jobs Added 366

- Jobs Lost or Adjustments -234

NET NEW JOBS 132

Confidential © 2009 City of Taylor, TX. All rights reserved.

Net Investments by Sector (2008-2011)

$400,000

$2,625,000

$20,250,000

$13,000

$6,000,000

$10,000,000

$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

Net Investment by Sector

Headquarters

Manufacturing

Technical Services

Publishing / Software

Wholesale/Recycling

Transportation

TOTAL INVESTMENT CREATED(Jan 2008- Dec 2011)

+ Investments Made $33M

- Inv. Lost or Adjustments -787K

NET NEW INVESTMENT $32.2M

Confidential © 2009 City of Taylor, TX. All rights reserved.

Assisted Projects / New Companies (2010)

Company Name Jobs

Added

KG Industries 8

Eccentrix Technologies 10

Paradigm Metals * 3

TOTAL 21

*No financial assistance given.

Confidential © 2009 City of Taylor, TX. All rights reserved.

Assisted Projects / New Companies (2011)

Company Name Jobs

Added

Clark Travel * 50

Wilco Recycling* 40

Texas Prisoner Transportation Division* 10

TOTAL 100

*No financial assistance given yet.

Confidential © 2009 City of Taylor, TX. All rights reserved.

Business Retention/Expansion

Period Ending 1st Qtr 2011 (March 31, 2011)

QuarterlyGoal

(1/11 thru 3/11)

QuarterlyActual

(1/11 thru 3/11)

AnnualGoal

(1/11- thru 12/11)

AnnualActual

(1/11 thru

12/11)

Campaign Goal

(1/08 thru 12/11)

Campaign Actual

(1/08 thru 3/11)

Unique Company Visits

4 15 16 15 64 135

All Company Visits

4 17 16 16 64 166

NewProspects

0 0 2 4 8 14

Confidential © 2009 City of Taylor, TX. All rights reserved.

Business Retention/Expansion

Period Ending 1st Qtr 2011 (March 31, 2011)

QuarterlyGoal

(1/11 thru 3/11)

QuarterlyActual

(1/11 thru 3/11)

AnnualGoal

(1/11- thru 12/11)

AnnualActual

(1/11 thru

12/11)

Campaign Goal

(1/08 thru 12/11)

Campaign Actual

(1/08 thru 3/11)

Survey Visits **

4 4 16 4 64 22

Company Assists ***

- 10 - 10 - 75

** Formal Survey Visits started in February 2009.*** Assists tracked since October 2009.

Confidential © 2009 City of Taylor, TX. All rights reserved.

15

00

5

10

15

20

25

30

35

40

45

50

Unique Company Visits New Prospects

Year to Date Actual

Goal 1. Business Retention & Expansion (BRE)

(Goal =16)

(Goal = 2)

Annual Progress (Jan 2011 thru March 2011)

(Annual Goal)

Confidential © 2009 City of Taylor, TX. All rights reserved.

14

0

20

40

60

80

100

120

Unique Company Visits New Prospects

Campaign Actual

Goal 1. Business Retention & Expansion (BRE)

(Goal = 64)

(Goal =8)

(Campaign Goal)

Campaign Progress (Jan 2008 thru March 2011)

Confidential © 2009 City of Taylor, TX. All rights reserved.

Business Recruitment/Development

Period Ending 1st Qtr 2011 (March 31, 2011)

QuarterlyGoal

(10/10 thru

12/10)

QuarterlyActual

(1/11 thru 3/11)

AnnualGoal

(1/10- thru 12/10)

AnnualActual

(1/11 thru

12/11)

Campaign Goal

(1/08 thru 12/11)

Campaign Actual

(1/08 thru 3/11)

Out of Market Visits

- 0 9 6 36 20

RFP Responses

5 7 20 29 80 101

UniqueProspectVisits

4 5 16 31 64 87

AllProspectVisits

- 9 - 39 - 140

Confidential © 2009 City of Taylor, TX. All rights reserved.

46

9

17

0

5

10

15

20

25

30

35

40

Out of Market Visits RFP Responses Unique ProspectVisits

All Prospect Visits

Year to Date Actual

`

Goal 2. Business Recruitment

(Goal = 20)

(Goal = 16)

(Goal = 9)

Annual Progress (Jan 2010 thru March 2011)

(Annual Goal)

(Goal = 16)

Confidential © 2009 City of Taylor, TX. All rights reserved.

20

10796

0

20

40

60

80

100

120

140

Out of Market Visits RFP Responses Unique ProspectVisits

All Prospect Visits

Campaign Actual

`

Goal 2. Business Recruitment

(Goal = 80)

(Goal =64)

(Goal =36)

Campaign Progress (Jan 2008 thru March 2011)

(Goal = 64)

(Campaign Goal)

Confidential © 2009 City of Taylor, TX. All rights reserved.

Questions?

Jason Ford, President/CEO

Taylor Economic Development Corporation

512-352-4325

jasonf@tayloredc.org

www.tayloredc.org