Executive Summary 2018 WHY CENTRAL SC? the CITY OF
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hink busine Ret ss. CITY OF COLUMBIA CENTRAL B south carolina . u y s d in ea es R s F ess riendly. Busin Executive Summary 2018 WHY CENTRAL SC? THE CITY OF The Central SC region is composed of South Carolina's capital city, Columbia, and eight surrounding counties: Calhoun, Clarendon, COLUMBIA, SC Fairfield, Kershaw, Lexington, Newberry, Orangeburg, and Richland. Together, these areas host an average workforce of over 460,000 As the heartbeat of the Palmetto State, the capital city of Columbia dedicated professionals. is the economic and educational hub of South Carolina. Since its formation in 1786, Columbia has transformed from its deep roots in Conveniently located in the center of the state and halfway between textile manufacturing to a bustling metropolis with a diverse economy New York and Miami, the Central SC region is crossed by four major composed of advanced manufacturing, healthcare, technology, shared interstates running through SC, providing commuters and transporters services, logistics and energy. Access to nearly 1.5 million people within superior access. 60 miles makes finding employees for the region's varied industries an easy task. CHARLOTTE, NC (93 miles) BOSTON NORTH CAROLINA Greenville Spartanburg International Airport Charlotte Charlotte Douglas International NEW YORK 77 20 DETROIT Greenville 77 85 385 CHICAGO PHILADELPHIA 26 26 FAIRFIELD KERSHAW NEWBERRY 95 20 WASHINGTON, D.C. RICHLAND LEXINGTON Columbia ST. ANDREWS DENTSVILLE CALHOUN SEVEN OAKS 20 RICHMOND CLARENDON FORT JACKSON ORANGEBURG FOREST ACRES Port of 126 Georgetown GEORGIA 26 NASHVILLE Charleston 95 20 Port of WEST COLUMBIA 77 CHARLOTTE Charleston GREENVILLE SPRINGDALE CAYCE Charleston ATLANTIC International COLUMBIA Airport OCEAN Columbia Metropolitan Airport SOUTH 26 McENTIRE JOINT NATIONAL GUARD BASE ATLANTA CHARLESTON CAROLINA Port of Savannah 250 MI 500 MI 750 MI MOBILE LEXINGTON RICHLAND COUNTY COUNTY PORT OF CHARLESTON (122 miles) MIAMI City of Columbia limits Domestic Employer Rail International Employer PG 2 | Central SC Alliance Executive Summary: City of Columbia, SC | PG 3 APPROXIMATELY Interstate Access: 2/3 OF THE NATION’S AN IDEAL PASS THROUGH & ACCESSIBLE POPULATION IS ACCESSIBLE WITHIN CONVERGE IN COLUMBIA 80 MILES E LOCATION A DAY’S DRIVE Rail Service: CSX & Norfolk Southern TRANSPORTATION NETWORK OFFER 2,500+ MILES OF RAIL STATEWIDE COMBINED • INTERMODAL FACILITIES LOCATED IN CHARLESTON & CHARLOTTE James Hamilton L.B. Owens (KCUB): within the city IN OPERATION NEARLY 90 YEARS • CONVENIENT ACCESS TO DOWNTOWN COLUMBIA • NUMEROUS HANGARS AVAILABLE FOR LEASE • BUSINESS-FRIENDLY CONVENIENCES LIKE CONFERENCE SPACES, BUSINESS CENTER, WIFI AND CATERING EFFICIENT NEARBY SPEEDY ABUNDANT Columbia Metropolitan Airport (CAE): 7 miles E PORT AIRPORTS & INTERSTATE RAIL 60 NONSTOP DAILY FLIGHTS TO 9 MAJOR MARKETS INCLUDING ATLANTA, CHARLOTTE, OPERATIONS TRADE ZONES TRAVEL SERVICE CHICAGO, DALLAS/FT. WORTH, HOUSTON, NEW YORK, ORLANDO, PHILADELPHIA & WASHINGTON, D.C. • DIRECT FLIGHTS TO MAJOR INTERNATIONAL AIRPORT (CLT) VIA CHARLOTTE • MAIN FREIGHT CARRIERS: FEDERAL EXPRESS, UPS, DELTA • 66,000 TONS OF CARGO PROCESSED ANNUALLY ACCESS TO MAJOR CITIES 703 Charlotte Douglas International Airport (CLT): 95 miles N 479 639 MILES NONSTOP SERVICE TO 165+ DESTINATIONS, INCLUDING 38 INTERNATIONAL • 6TH 93 215 MILES MILES LARGEST AIRPORT IN THE U.S. • AVERAGING 700 DAILY DEPARTURES • HOME TO MILES MILES NORFOLK SOUTHERN'S CHARLOTTE REGIONAL INTERMODAL FACILITY Charleston International Airport (CHS): 113 miles SE 1.5 hours 3 hours 7 hours 9.75 hours 10.75 hours Charlotte, NC Atlanta, GA Washington, DC Miami, FL New York, NY WELCOMES OVER 3 MILLION PASSENGERS ANNUALLY • NONSTOP FLIGHTS TO 25 DESTINATIONS | TOP DESTINATIONS: ATLANTA, CHARLOTTE, NEW YORK, WASHINGTON, BALTIMORE, CHICAGO, NEWARK, BOSTON • HOME TO BOEING ASSEMBLY FACILITY FOR THE 787 DREAMLINER Shipping & Foreign Trade Zones UPS SOUTHEAST REGION AIR HUB & FEDEX GROUND HUB LOCATED ON-SITE AT CAE • FTZ 127 LOCATED AT CAE • FTZ 21 LOCATED AT SC PORTS AUTHORITY • INDIVIDUAL FTZ SITES ESTABLISHED ACROSS THE STATE Port of Charleston: 120 miles SE #1 FASTEST GROWING MAJOR U.S. PORT • DEEPEST WATER IN THE SOUTHEAST • 13 OF 15 TOP CONTAINER CARRIERS • 23 MINUTE AVERAGE TRUCK TURN • 500 TON BARGE CRANE • EXPANDING POST-PANAMAX SERVICE WITH CHANNEL DEEPENING TO 52', ENTRANCE TO 54' BY 2020 • INTERNATIONAL DESTINATIONS: AFRICA, ASIA, AUSTRALIA, CENTRAL AMERICA, EUROPE, SOUTH AMERICA • INTERMODAL AND MERCHANDISE RAIL SERVICES THROUGH CSX AND NORFOLK SOUTHERN Port of Georgetown: 127 miles E LOCATED ON- DEDICATED BREAKBULK & BULK CARGO • SPECIALIZED FOR CEMENT, AGGREGATES, SITE AT THE COLUMBIA FOREST PRODUCTS, METALS • RAIL-SERVED WAREHOUSING SPACE • PROVIDES METROPOLITAN AIRPORT, NEARLY 28 ACRES OF OPEN STORAGE AND OVER 100,000 SF OF WAREHOUSE SPACE THE UPS SOUTHEAST Port of Savannah: 178 miles S REGION AIR HUB IS JUST LARGEST SINGLE-TERMINAL CONTAINER FACILITY IN THE NATION • OVER 3 MILLION ONE OF EIGHT HUBS IN SQUARE FEET OF WAREHOUSE SPACE • SERVED BY CSX & NORFOLK SOUTHERN THE UNITED STATES. • INTERNATIONAL DESTINATIONS: AFRICA, ASIA, AUSTRALIA, CENTRAL AMERICA, EUROPE, SOUTH AMERICA PG 4 | Central SC Alliance Executive Summary: City of Columbia, SC | PG 5 OUR PEOPLE LABOR FORCE & UNEMPLOYMENT TRENDS In the City of Columbia, our people are hardworking, highly educated, 10 dedicated and skilled in a variety of industries. Companies that have 8.7% opened new locations or expanded existing facilities in the City know 60000 this first hand. Their talents, ideas and ambitions are a large part of what 8 makes the City of Columbia The Ideal Place to Grow Your Business. 50000 7.4% 40000 6.5% 6.5% 30000 6 DEMOGRAPHICS 5.3% 20000 4.7% Labor Force (thousands) 10000 Unemployment Rate (%) 4 42% WITH A BACHELOR’S DEGREE OR HIGHER 2012 2013 2014 2015 2016 2017 51% MALE 29.7 10 MEDIAN AGE 60K COMMUTING PATTERNS LABOR FORCE Annual 2017 4.7% UNEMPLOYMENT 28,285 113,298 0.8% Annual 2017 OUTBOUND INBOUND GROWTH RATE 2018-2023 Top 5 Locations: Top 5 Locations: 49% Richland County Richland County Lexington County Lexington County FEMALE 2.2 Kershaw County Greenville County Charleston County Charleston County SIZE OF AVERAGE 84% Greenville County Spartanburg County HOUSEHOLD OF RESIDENTS ARE 88.6% HIGH SCHOOL 18+ GRAD OR HIGHER 20,254 Live & Work in the City of Columbia TRAVELERS AVERAGE EASY COMPETING SOUTHEASTERN STATES, MILES 30-MINUTE OR LESS FASTER 5.09% THE SOUTHERN AVERAGE & COMMUTE FOR SC POPULATION GROWTH RATE THAN 30 THE UNITED STATES AVERAGE IN PAST FIVE YEARS - U.S. Census Bureau MINUTES 6 % 30 OF CENTRAL SC WORKERS PG 6 | Central SC Alliance Executive Summary: City of Columbia, SC | PG 7 INTERNATIONAL PRESENCE BUILDING BY FACILITY TOMORROW Germany FINANCE & INSURANCE 25.8% JOB CONCENTRATION 65.7% OF THE CIVILIAN EMPLOYED 2.15 X POPULATION, AGES 16+ THE NATIONAL MANAGEMENT • BUSINESS • CONCENTRATION SCIENCE • ARTS • SALES AND OFFICE United Kingdom Switzerland DRIVE TIME POPULATION 12.9% (t) 593,716 782,045 1,010,256 France, Sweden LOWEST UNIONIZATION IN THE NATION 9.7% (t) South Carolina maintains one of the lowest unionization rates in the nation, making the state a prime location for businesses seeking a reliable and stable workforce. The Columbia MSA is ranked among the top five MSAs for lowest private unionization rate in the nation. TOTAL UNION MEMBERSHIP SOUTH CAROLINA 2.6% COLUMBIA SOUTHEAST 4.6% AL • GA • NC • SC • TN HAS BEEN NAMED UNITED AN "EMERGING Canada STATES 10.7% EPICENTER OF HIGH The Netherlands Japan, Australia TECH INDUSTRY" IN 6.5% (t) PRIVATE PRIVATE MANUFACTURING SIX FIELDS BY WIRED UNION MEMBERSHIP UNION MEMBERSHIP MAGAZINE 1.7% 2.9% 6.5% 1.9% 4.2% 9.1% SC SOUTHEAST US SC SOUTHEAST US South Korea PG 8 | Central SC Alliance Executive Summary: City of Columbia,3.2% SC | PG 9 LARGEST PRIVATE EMPLOYERS FLOURISHING COMPANY PRODUCT/SERVICE EMPLOYEES AT&T South Carolina Telecommunications 2,001-2,500* Allied Universal Armed and unarmed security services 1,001-1,500* INDUSTRIES Security Colonial Life & Accident Insurance, call center for insurance 1,001-1,500 Insurance benefits Wells Fargo Bank Customer service call center for Wells 1,001-1,500* Fargo 100% 14% 11% 9% First Citizens Bank & Banking and financial services 501-1,000* $708 $967 $531 $873 Trust of SC WEEKLY WEEKLY WEEKLY WEEKLY Verizon Customer service center for phone service 501-1,000 ALL HEALTH CARE & RETAIL PUBLIC Aflac Life and health insurance 501-1,000 INDUSTRIES SOCIAL ASSISTANCE TRADE ADMINISTRATION Aramark Food & facilities management services 501-1,000 PricewaterhouseCoopers Research and discovery center 251-500 Sysco Food distribution 251-500 Seibels Call center, BPO, claims administration 251-500 9% 9% 8% 7% for the property and casualty insurance industry $306 $901 $1,119 $598 Nelson Mullins Riley & Commercial, employment and regulatory 251-500 WEEKLY WEEKLY WEEKLY WEEKLY Scarborough, LLP legal services ACCOMMODATION & EDUCATIONAL MANUFACTURING ADMINISTRATIVE & TM Floyd & Company IT consulting services 251-500 FOOD SERVICES SERVICES WASTE SERVICES Edens Commercial real estate 251-500 Thomas & Hutton Engineering, design and consulting 251-500 services Southern Glazer's Wine Wine and distilled alcoholic beverage 251-400 & Spirits distribution 7% 6% 5% 4% Spirit Communications Voice, data and internet services 201-250 $1,076 $1,270 $1,070 $1,305 Rogers Townsend & Legal services 201-250 WEEKLY WEEKLY WEEKLY WEEKLY Thomas, PC ALL OTHERS FINANCE & CONSTRUCTION PROFESSIONAL Pepsi-Cola Metropolitan Soft drink manufacturing