Introduction to middlesex county consulate 20 jun12

Presentation to the Consulate General of Canada

in Detroit

Aileen Murray Ec.D. (F)Manager of Economic DevelopmentMiddlesex [email protected] x 2347

Representing Middlesex County

• Jim Maudsley, Warden, Middlesex County• Aileen Murray, Middlesex Economic Development• Mike Barnier, Middlesex Centre• Doug Reycraft, Southwest Middlesex• Paul Hicks, Strathroy-Caradoc• Greg Borduas, Thames Centre• Stewart Findlater, Thames Centre

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Agenda

• Explain why companies like being in Middlesex

• Share some of success stories• Identifying and attracting best prospects

for Middlesex

Seek your advice today and in the future

Discuss how we can work together3

Central Location

134 Miles/216 km from Detroitwww.investinmiddlesex.ca 4

Central LocationEasy access to Canadian, United States, & International Markets

• Access to 3 main US border crossings Detroit, Port Huron, Buffalo• Central location in Southwestern Ontario Good access rest of Canada• Between Lake Huron and Lake Erie

www.investinmiddlesex.ca

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Central LocationEasy access to Canadian, United States, & International Markets

• Access to Highways 401 and 402 Surrounds City of London• Growing population, International Air Access


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Quick Facts

Middlesex County

Middlesex/ London Region

Population (2011)* 70,796 439,150

Labour Force (15 years +)* 43,490 250,778

*2011 Statistics Canada Census data**2006 Statistics Canada Census data

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TheMiddlesex County Advantage

• Central Location; Excellent Highway Access• Easy Access to Border Crossings• Part of the London Region• Strong Workforce• Diverse Economic Base• Available Sites• Low Business Costs• Motivated and Responsive EcDev Team

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Strong Workforce• Excellent workforce drawing from City of

London, Middlesex County and region• Rural labour pool has strong mechanical skills

and a strong traditional work ethic• Skilled and educated labour pool

• Fanshawe College• University of Western Ontario

Cooper Standard, Southwest Middlesex9

Diverse Economic Base• Advanced manufacturing and

automotive• Clean tech, bio-products and

renewable energy• Agriculture and food processing

Strathroy-Caradoc ICFAR, Middlesex Centre Cuddy Farms, Strathroy-Caradoc10

Available Buildings & Shovel Ready SitesFully zoned and serviced

www.investinmiddlesex.ca/availableproperties11

Featured SiteStrathroy-Caradoc

• Adair Blvd, Strathroy

• 85 acres (can be subdivided)

• $35,000 / acre

• Easy Access to Hwy 402


Featured SiteThames Centre

www.investinmiddlesex.ca/availableproperties

• DaVinci Business Park, Dorchester

• 10 Acres / 4 lots

• Located adjacent to Armatec Survivability

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Featured SiteSouthwest Middlesex

• Industrial Road, Glencoe

• 63 acres (can be subdivided)

• $25-$40,000 per acre

• Adjacent to the new Glencoe Water Tower


Featured SiteMiddlesex Centre

• 200 King Street, Ilderton

• 43,033 sq ft on 12.57 ac

• $1,600,000

• 26’ ceiling

• Built 1999/2000


Lower Total Project Costs

Ingersoll

Woodstock

London

Kitchener

Middlesex

5.589160%

5.504770%

5.076620%

3.986480%

3.795864%

Industrial Property Tax Rates

Kitchener

Ingersoll

London

Woodstock

Middlesex

$- $50,000 $100,000 $150,000 $200,000

$195,000.00

$100,000.00

$75,000.00

$58,500.00

$40,000.00

Lower Land Costs

Price Per Acre $CDN

• Low Labour Rates• Fast permitting & personalized service for investors


Middlesex Advantage

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Source: Middlesex County 2011

Success StoriesArmatec Survivability

Provides allied militaries with holistic survivability solutions for armoured vehicles.

Armatec’s distinctive engineering delivers significantly improved crew protection without compromising mission effectiveness or equipment sustainability.

www.investinmiddlesex.ca 17

Success StoriesArmatec Survivability

“Economics played a big part in the decision to move to Dorchester, where the tax rate for new industry is 2.98% compared to 4.78% in London. The cost of land in London's Innovation Park is $75,000 an acre and in Dorchester ranges from $25,000 to $40,000.”

The London Free Press, November 16, 2009


Success StoriesVari-Form

Innovative originator of structural automotive hydroforming

Vari-Form’s technology is used to manufacture more than 7 million parts a year worldwide

Vari-Form is the industry leaderover 40 million parts produced to

date

Plants in Strathroy, Missouri, and Mexico


Success StoriesVari-Form

“We ship most of our product to the U.S., so being close to the border, on a major highway, is very important to us.”

“The workforce in Middlesex County is great. There's a strong work ethic, and we've always been able to hire excellent people.”

Randy Nicholls, Plant Manager


Success StoriesBonduelle North America

Bonduelle became a global leader in the frozen vegetable industry by building their processing and distributing plants close to the field so they can freeze vegetables just a few hours after harvest and capture their freshness at its peak.


Success StoriesBonduelle North America

“Attracting competent, diligent & team-oriented employees from the surrounding Middlesex community has contributed to Bonduelle’s success.“

Ineke Haan, HR Manager


Opportunities in Middlesex CountyKey Existing Sectors

Advanced Manufacturing Agribusiness Renewable EnergyAutomotive Food Processing Bio-ProductsTechnology Distribution Wind

Defence Manufacturing Solar


Part of a Dynamic Region


Opportunities in Middlesex County

• Best Opportunities• Growing companies• Quality labour• Key existing sectors• Transportation dependent• Cost sensitive• Companies that need to move

quickly• Companies requiring assistance

with the regulatory process



Our Joint Marketing Message

• Canada is ranked #1 for Business by authorities such as Forbes and the Economist Intelligence Unit

• Canada’s business cost advantage• Canada’s health care advantage• A strong and stable economy in turbulent times• The Middlesex / London region is strategically

positioned for foreign direct investmenthttp://www.forbes.com/sites/kurtbadenhausen/2011/10/03/the-best-countries-for-business/

Single Point of Contact

• Led by Middlesex County Economic Development Office• Aileen Murray, Manager• Sabrina Langill, Coordinator• Visit investinmiddlesex.ca

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Single Point of Contact

• Strongly supported by Local Municipalities• Mike Barnier, Middlesex Centre• Doug Reycraft, Southwest Middlesex• Paul Hicks, Strathroy-Caradoc• Greg Borduas, Thames Centre• Stewart Findlater, Thames Centre

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Next Steps

• How can we assist you?• Your advice?• Your suggestions for the website?• What’s needed?• Let’s build this relationship.


Website

Aileen Murray Ec.D. (F)Economic Development Manager [email protected] x 2347www.investinmiddlesex.ca

Thank you!

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Date post:	14-Jan-2015
Category:	Investor Relations
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Introduction to middlesex county consulate 20 jun12

Investor Relations