Transcript Document
Will County CED 2014 Annual Report to Investors “A Better Future Begins with Better Jobs” A BETTER FUTURE begins with BETTER JOBS Master of Ceremonies John Greuling President & CEO Will County CED A BETTER FUTURE begins with BETTER JOBS A BETTER FUTURE begins with BETTER JOBS Restrooms are located out the back of the room and to your right. A BETTER FUTURE begins with BETTER JOBS Welcome CED Investors Guests Elected Officials CED Board Members A BETTER FUTURE begins with BETTER JOBS Farewell and Best Wishes Missy Snyder Over 19 years with the CED A BETTER FUTURE begins with BETTER JOBS 2014 Chairman of the Board Wayne Smith Vice President & General Manager Hollywood Casino Joliet A BETTER FUTURE begins with BETTER JOBS 2015 Chairman of the Board Scott Paddock President Chicagoland Speedway & Route 66 Raceway A BETTER FUTURE begins with BETTER JOBS “Frank Turk Business and Community Achievement Award” Given in honor of Frank Turk, Jr. (1929 – 2013) Presented December 5, 2014 to A BETTER FUTURE begins with BETTER JOBS 2014 Recipient Kevin Reardon President Stone Tower LLC “For His Personal Commitment and Generosity to the Economic and Community Development of Will County, IL Improving the Quality of Life for All of Its Residents” A BETTER FUTURE begins with BETTER JOBS A BETTER FUTURE begins with BETTER JOBS 2014 Annual Report to Investors A Review of the CED’s 2014 Successes A BETTER FUTURE begins with BETTER JOBS CED Mission Statement The mission of the Will County Center for Economic Development is to: Assist in the retention and expansion of existing business Assist in the recruitment of new business Creation of new jobs and investment within Will County A BETTER FUTURE begins with BETTER JOBS CED 2014 Programs Business Retention, Expansion and Recruitment Target Industry Cluster Program Infrastructure Program Development Government Affairs Community Development Workforce and Education Special Events A BETTER FUTURE begins with BETTER JOBS Target Industry Sectors Advanced Manufacturing Food Processing Energy Global Transportation Life Sciences Higher Education A BETTER FUTURE begins with BETTER JOBS Business Retention, Expansion and Recruitment Business Growth: 65 Businesses Recruited, Expanded or Retained $941,082,000 in New Capital Investment Job Creation: 6,259 New and Retained Jobs Over $250 Million in New Annual Salaries and Benefits A BETTER FUTURE begins with BETTER JOBS Business Retention, Expansion and Recruitment Industrial Real Estate: 17.4 Million Sq. Ft. of Industrial Space Occupied 6.1 Million Sq. Ft. of New Speculative Industrial Space Developed/Underway in twenty two projects Industrial Space Vacancy Rate Under 10% A BETTER FUTURE begins with BETTER JOBS Significant Will County Projects • Michelin Tire, RidgePort Logistics Center, Wilmington – 1.8 million-sf (250+ jobs) • Ferrara Candy Co., Bolingbrook – 747,152-sf (200 jobs) • West Liberty Foods, Bolingbrook - 899,000-sf (600 jobs) • Neovia, Joliet - 406,000-sf (270 jobs) • Aryzta Foods, Bolingbrook - 360,000-sf (300 jobs) A BETTER FUTURE begins with BETTER JOBS Workforce Development Jobs: Will County Unemployment Rate: October 2014: 5.8% October 2013: 8.4% October 2012: 8.3% October 2011: 9.5% October 2010: 8.9% October 2009: 10.3% October 2008: 5.8% 2014 New Jobs Created: 8,263 A BETTER FUTURE begins with BETTER JOBS CED 2014 Programs Infrastructure Program: 2015 Will County Transportation Blueprint Inland Port Development Illiana Expressway South Suburban Airport I-355 Corridor Development Energy & Telecommunications A BETTER FUTURE begins with BETTER JOBS Transportation Blueprint Priorities I-80: Add Lanes from Route 30 to Grundy County Reconstruction of the I-55/Weber Road Interchange Reconstruction of the I-55/Route 6 Interchange Houbolt/Hollywood Road Bridge Complete I-57/Stuenkel Road Interchange Illinois 394: Add lanes from Route 30 to Illinois 1 Construct full interchanges at I-55 and Lockport Road, and I-55 and Route 126 A BETTER FUTURE begins with BETTER JOBS CED 2014 Programs Government Affairs: Washington, D.C. and Springfield Lobbying Program Meetings with Local, State and Federal Officials Education and Networking: 2014 Economic Report – Housing Annual Eye-Opener Breakfast 8th Annual Global Logistics Summit 2014 Report to Investors A BETTER FUTURE begins with BETTER JOBS CED Target Industry Councils Advanced Manufacturing, Food Processing, Energy Updated Will County Manufacturing Blueprint Target Industry Survey Project Chicago Metro Metals Consortium Chicago Regional Export Initiative Life Sciences Will County Life Sciences Economic Impact Study Will County Life Sciences Blueprint Inventory of Healthcare Services A BETTER FUTURE begins with BETTER JOBS CED Target Industry Councils Global Transportation Will County Transportation Blueprint (2015 Update) 8th Annual Global Logistics Summit NAFTA NEXT Conference Will County Freight Advisory Council Steering Committee Formed Higher Education Will County Higher Education Blueprint Completed Inventory of Courses, Degrees and Certificates for Target Industry Occupations Assisted with Target Industry Survey Project A BETTER FUTURE begins with BETTER JOBS So What’s Next in 2015? 2016-2020 CED Preparing for the Future Initiative Increasing the Return on your CED Investment New Communications Strategy: Telling Our Story Better Target Industry Retention and Attraction Program Improving Community Outreach Increase Investor Participation in CED Boards, Councils and Committees Inland Port Transportation Solutions Illiana and South Suburban Airport Support Preparing the Workforce: Business-Education Forum A BETTER FUTURE begins with BETTER JOBS Keynote Speaker Richard Longworth Author “Caught in the Middle: America’s Heartland in the Age of Globalism” A BETTER FUTURE begins with BETTER JOBS Thank You! CED Diplomats Clarion Hotel Joliet Banquet & Convention Center Richards’ Music & Electronics Gammon Group A BETTER FUTURE begins with BETTER JOBS Today’s presentation will be on the CED website later today visit www.WillCountyCED.com A BETTER FUTURE begins with BETTER JOBS “Like” us! WillCountyCEDTV Follow us! A BETTER FUTURE begins with BETTER JOBS Upcoming CED Events Economic Report – 1Q15 Eye Opener – 2Q15 9th Annual Global Logistics Summit – Sept. 15, 2015 Bolingbrook Golf Club Annual Report to Investors – December 4, 2015 Clarion Hotel Joliet A BETTER FUTURE begins with BETTER JOBS Thank you to our Investors The Will County CED 2014 Annual Report to Investors A BETTER FUTURE begins with BETTER JOBS Will County CED 2014 Annual Report to Investors “A Better Future Begins with Better Jobs” A BETTER FUTURE begins with BETTER JOBS Thank you for coming! We’re glad you could join us! A BETTER FUTURE begins with BETTER JOBS