UNMASKING 2021 Franklin County Profile CONCORD

300 MILE TORONTO BOSTON RADIUS ALBANY PROVIDENCE BUFFALO 200 MILE RADIUS DETROIT NEW YORK CITY 100 MILE RADIUS NEWARK TOLEDO CLEVELAND TRENTON HARRISBURG PHILADELPHIA PITTSBURGH

BALTIMORE COLUMBUS ANNAPOLIS WASHINGTON

RICHMOND VIRGINIA BEACH

RALEIGH

CHARLOTTE

COVID-19 changed a lot of things… however it did not change Franklin County’s strategic location in the heart of Southcentral . We offer those considering relocating or expanding into the Mid-Atlantic region a great location, great infrastructure, great people, and a great quality-of-life.

1 FCADC.COM Location, Access, and Infrastructure... One of Franklin County’s greatest assets is its location and easy access to substantial and growing industrial and consumer markets. We are situated on one of the most heavily travelled Interstates in the Country and are within one day’s drive of more than 50% of the North American population.

HIGHWAYS On average

ROUTE ROUTE 81 76 70 30 11 50,375 Extensive network of state owned/maintained roadways vehicles travel I-81 through AIR RAIL WATER Franklin County on a daily basis…an average increase of more than 4,000 since 2019 (Source: PennDOT, Franklin County Traffic ...75 minutes Volume Map 2020) ® INTERMODALS Locally, CSX Intermodal ...3 hours moves roughly ...75 minutes 150,000 ...3 hours shipping ...60 minutes containers per year

...10 minutes 2021 PROFILE 2 FILE:N:\Land Projects 2017\170083-LIDA\XREF\170083-X-Lay SK-13.dwg LAYOUT:SK-13 BY: Randy Goshorn ON:9/30/2020 9:00 AM 3 FCADC.COM real estate. Check outfcadc.com foranup-to-datedatabase ofavailableindustrial public utilities. which areconveniently locatedtomajortransportationcorridors and The Countyoffers more than1,200acresofdevelopableland, allof has “ShovelReady”sites. Franklin County

– LIDAOakGrove D B GREENE TOWNSHIP,FRANKLINCOUNTY,PA ADDITIONAL INFILTRATIONTESTINGPLAN LOCATED IN LIDA FOR

Socio-Economic Profile Franklin County is DEMOGRAPHICS… among the 10 fastest growing counties in the state 51% 49% (Source: Penn State Data Center, April 2019)

Median Age 41.3 Population Increase Years

160000

155000

150000 145000 3.6% population growth 140000 since 2010 2010 2015 2020 2021 PROFILE 4 Skilled Talent Franklin County’s prime location along Interstate 81 is critical to attracting talent from the Quad-State Region of Maryland, West Virginia, and Virginia, as well as other counties throughout southcentral, PA. The region boasts a civilian labor force of more than 590,000 highly skilled and dependable workers within 40 miles of the heart of Franklin County!

(Source: US Bureau of Labor Statistics, Labor Force Data by County, November 2020)

“For right now, the skilled workforce in our region-in addition to our location and accessibility-is really a key factor in our growth.”

- Jesse McCree, CEO, South Central Workforce Development Board

5 FCADC.COM Construction 3% Government Manufacturing Administration 15% 13%

Agribusiness Transportation 6% and Warehousing 11%

Business/ (Source: PA Department of Labor and Industry, Workforce Information News Release, Professional Chambersburg-Waynesboro MSA, December 2020) Services 10% Education/ Healthcare Retail/Wholesale/ 19% 5.1% Hospitality unemployment rate in November down from a COVID-19 23% impact of 13.1%

Economic Snapshot… 2.5%year-over-year Diversity = Economic Stability wage growth in 2020 (Source: South Central PA Workforce Franklin County boasts an extremely diversified Development Board, Economic Overview, Franklin County, Churma Economics and and growing economy Analytics, December 2020) 2021 PROFILE 6 Some of the most recognized companies in the world call Franklin County home.

Top Top Top Logistics, Employers Manufacturing Warehousing Employers & DC Employers WellSpan 3629 Manitowoc 1068 Target DC # 589 930 Letterkenny Volvo Construction Procter & Gamble 870 Army Depot 2826 Equipment 800 Food Lion 630 Chambersburg ASD 1206 Ventura Foods 685 Corelle Brands 500 Manitowoc 1068 Martin’s Famous Pastry 669 Ulta Beauty DC 500 Target DC # 589 930 Johnson Controls/Frick 405 Staples Direct 360 Procter & Gamble 870 DL George & Sons 300 Ingram Book Co 325 Volvo Construction JLG 292 National Book Network 154 Equipment 800 New Enterprise Geodis Logistics 125 Franklin County Stone & Lime 240 Government 698 Franklin Logistics TE Connectivity 213 & Development 100 Ventura Foods 685 TB Wood’s 200 Martin’s Famous Pastry 669

Employment is approximate and subject to 7 FCADC.COM change. Prepared by the FCADC, January 2021 Franklin County manufacturers Healthcare contributed more was the next than $1.23 Billion largest sector with of County GDP in 2019… $763 Million the most of any sector

(Source: South Central PA Workforce Development Board, Economic Overview, Franklin County, Churma Economics and Analytics, December 2020) 2021 PROFILE 8 Agribusiness continues to be a major component of Franklin County’s economy.

The County ranks 2nd in the state for the production of milk, cattle, apples, peaches,and corn for silage. To date more than 17,700 acres of production ag land have been preserved for future generations.

Franklin County There are nearly ranks in 40% 1,600 of County land the top 10 family farms is in crops… in acres in Franklin ranking #2 preserved in PA County in the state

(Source: Harvested Cropland and Vegetables in the Commonwealth, Penn State Data Center, October 2019) 9 FCADC.COM Economic Development Incentives… In Franklin County, businesses have access to myriad incentive programs designed to support long-term business growth. Some of the more widely used programs include assistance for real estate purchases, construction, and renovations, as well as machinery and equipment upgrades and workforce development. For a complete listing of economic development incentive programs, please visit newpa.com Note: Certain programs are subject to availability of funds and job creation requirements. All programs require an application in order to access funds.

JOB CREATION TAX CREDIT Program uidelines | January 2018

FIRST INDUSTRIES LOAN GUARANTEE PROGRAM FIRST Program Guidelines | PENNSYLVANIA December 2016 Program uidelines | May 2018

PENNSYLVANIA INDUSTRIAL

DEVELOPMENT AUTHORITY (PIDA) HELPING BUSINESSES CREATE JOBS THAT PAY

Franklin County First Fund (FCFF) Direct Loan

Listrak Lititz,PA

PA-based businesses across a variety Program Guidelines of industries are eligible to apply.

• agriculture • manufacturing Commonwealth of Pennsylvania | Tom Wolf, overnor PA Department of Community & Economic Development | dced.pa.gov Administered through the Pennsylvania Department of Community and • industrial Economic Development (DCED), the Pennsylvania Industrial

Development Authority (PIDA) loan program provides low-interest • research and development

loans and lines of credit to Pennsylvania businesses that commit to • hospitality creating and retaining full-time jobs within the commonwealth, as well

• defense conversion as for the development of industrial parks and multi-tenant facilities. PADCEDnews Loan applications are packaged and underwritten by a network of • recycling certified economic development organizations (CEDOs) that partner Commonwealth of Pennsylvania with PIDA. • computer-related services PA Department of Community & Economic Development | Tom Wolf, overnor| dced.pa.gov | Tom Wolf, Governor of Pennsylvania Development • construction Commonwealth & Economic Franklin County Area Development Corporation ELIGIBILITY & USE of Community | dced.pa.gov PA Department PIDA financing can be used for: • child daycare • Land and building acquisitions 1900 Wayne Road • mining Chambersburg, PA 1720

• Construction and renovation costs Current as Phone: (717) • retail and service enterprises of January 1, 2021 2 263- • Machinery and equipment purchases Fax: (717) 8282 • developers 263-0662 • Working capital and accounts receivable lines of credit

• Working capital term loans

FUNDING & PARTICIPATION owever, PIDA’s maximum participation amount for a project is determined by the proposed use of PIDA funds, the amount of matching financing from sources outside of PIDA, and the number of full-time jobs to be created or retained. Generally, a 50 percent match is required. H some exceptions do apply.

2021 PROFILE 10 Franklin County is a great place to work, live, and play… Education To build the talent that growing businesses need, Franklin County provides a broad spectrum of quality educational opportunities. Options range from pre-school through post-secondary.

Home to the prestigious Mercersburg Academy Public School Colleges/ as well as other private 6 Districts 3Universities institutions including Franklin County Franklin County is within a two-hour drive of Penn State University Career Technology (University Park), one-hour drive of the HACC main campus, Center (CareerTech) and and one-half hour drive from Gettysburg College and Dickinson Chambersburg Career College. In addition, the Hagerstown, MD Community College Magnet School (HCC), Purdue University Global of Hagerstown, MD, Mount St. Mary’s University, and The University System of Maryland at Hagerstown are within a 15-minute drive of Franklin County.

Colleges and Universities in Franklin County include:

• Shippensburg University (rated #88 of America’s Best Regional Universities (North) by US News and World Report)

• Penn State University-Mont Alto (rated #63 of America’s Best National Universities by US News and World Report)

• Wilson College (rated #125 of America’s Best Regional Universities (North) by US News and World Report)

(Source: US News and World Report, America’s Best College’s 2021)

11 FCADC.COM Triangle Tech Shippensburg University’s John L. Grove Pittsburgh-based two-year technical school, College of Business was named as Triangle Tech, Inc., operates a state-of-the-art one the nation’s most outstanding business welding training facility in Chambersburg to schools by The Princeton Review, December better serve the world class manufacturing 2020. Visit ship.edu for more information. employers in South Central Pennsylvania. The Shippensburg University will open a new local facility is fully accredited and offers post- School of Engineering building in support secondary students the opportunity to earn of the expanding civil, software, electrical, an Associate Degree in Specialized Technology mechanical, and computer engineering (AST) in Welding and Fabrication Technology. majors. The building will open in Spring Additional curriculum is being planned. Visit 2021. Visit the following link to view a video triangle-tech.edu for more information. on the project: https://youtu.be/X2OjJKIkt80

Penn State Mont Alto’s new $13 Million Allied Wilson College has added three new majors, Health building will promote cutting-edge beginning in fall 2021. Finance, Criminal learning in its nursing, occupational therapy, Justice, and Sports Management will be and physical therapy assistant programs. included to the wide choice of majors The building will open in July 2021. Visit already available. Visit wilson.edu for more montalto.psu.edu for more information. information. 2021 PROFILE 12 Healthcare Our healthcare is Focused on Patient Care…

WellSpan Summit Health, is recognized as an award winning, cost effective, high-quality healthcare system. WellSpan Summit is the parent company to: • Chambersburg Hospital o 285 bed acute and critical care facility providing diagnostic, behavioral health, and surgical services with Keystone Health 24-hour emergency room service Franklin County is also served by Keystone • Waynesboro Hospital Health, a nationally recognized, Federally o 57 bed hospital providing acute and Qualified Community Health Center. critical care services including diagnostic, Keystone operates several state-of-the- therapeutic, and surgical services with a art locations throughout the County 24-hour emergency room and employs more than 475 healthcare professionals. Visit keystonehealth.org for • Multiple Urgent Care Centers additional information. Visit wellspan.org for additional information.

2020 Chambersburg Hospital was recognized by the American Heart Association/ NEW! American Stroke Association’s Get with The Guidelines® - Stroke Gold Plus Quality Achievement Award and recognition on the Target: Stroke Honor Roll

13 FCADC.COM Public Safety In 2018, the crime rate was We have a low crime rate. The County boasts an extremely low crime 1.4% per rate across all categories of offenses. 100,000 people (Source: The Pennsylvania State Police, Uniform Crime Reporting System, Annual Uniform Crime Report, Offenses Reported by County 2017) Housing Franklin County offers an expanding range of affordable housing opportunities • 66,183 total estimated housing units • $1,402 Average Monthly Housing Ownership Costs (with mortgage) • $883 Average Gross Rental Costs

Median Home Value $180,400

Median Household Income $63,379 ...and growing! (Source: US Census Bureau, Franklin County, PA Quick Facts, January 2021)

2021 PROFILE 14 Taxes Pennsylvania does NOT levy a tax on inventory, tangible personal property, machinery, or equipment. Additionally, machinery and equipment used directly in the manufacturing process is exempt from state sales tax.

The following is a summary of the most Unemployment Compensation Tax (UC) common business taxes. • Paid on the first$10,000 of wages for each employee on an annual basis Personal Income Tax (PIT) • The current rate is 3.07% Workers’ Compensation Corporate Net Income Tax (CNI) • Mandatory coverage of certain • The current rate is 9.99% employees engaged in the “regular course” of the employer’s business Real Estate Transfer Tax (Source: Pennsylvania Department of Revenue and Pennsylvania • The current rate is 2.0% Department of Labor and Industry) Local Real Estate Property Tax Depending on the locality there could be other • Levied by Municipalities, School taxes that are administered. For detailed Districts and County Government taxes and rates see: https://dced.pa.gov/local- government/local-income-tax-information/ • Rates vary Sales & Use (SUT) Tax • The current SUT is 6.0%

Utilities The County is served by a full range of cost effective and reliable public utilities including public water and sewer, electric, natural gas, and telecommunications.

15 FCADC.COM Leisure And Hospitality… Focus Your Appetite on Franklin County The County is home to a growing number of locally and nationally owned and operated restaurants, pubs, eateries, and retailers.

Tourism is a major component of the Franklin County economy. 1,850 hotel rooms support visitation in excess of 500,000 people annually, which results in a direct economic impact of $333 Million and supports 2,500 jobs.

(Source: Franklin County Visitor’s Bureau, January 2021)

2020 PROFILE 16 Franklin County is home to a wide variety of recreation and cultural opportunities. Just look at some of the things we have.

• Whitetail Resort (skiing/golf) • Capitol Theatre • Penn National Golf Resort • and Totem (additional public and private golf Pole Playhouse courses in the area) • H. Ric Luhrs Performing Arts Center • Capital Camps & Retreat Center at Shippensburg University • President James Buchanan • Renfrew Institute for Cultural and Birthplace and Buchanan State Park Environmental Studies • Michaux, Buchanan, and Tuscarora • Tayamentasacta Environmental State Forests Center • Camp Penn State Park • Tuscarora Wildlife Education Project • Hunting and Fishing on abundant • Extensive Network of Municipal state game lands Parks and Trails • The Appalachian Trail (The Greater • Multiple Community-based festivals Waynesboro Area is a designated and carnivals (seasonal) “Appalachian Trail Community”) • Community Farmer’s Markets • The Monterey Pass Battlefield Park (seasonal) and Museum

17 FCADC.COM Franklin County is the center of the scenic Cumberland Valley. With reasonable lodging rates and more than 1,800 hotel rooms, the County’s convenient location couples early frontier, Underground Railroad, and Civil War history with seasonal beauty, year- round recreation, and old-fashioned, hometown appeal. In addition, the County is within 30 minutes of historic Gettysburg and Antietam National Military Parks and 15 minutes of Hagerstown, MD; 30 minutes of Frederick, MD; 60 minutes of Harrisburg, PA; and within 75 minutes of the Baltimore/Washington D.C. metro areas, thus creating even more access to recreation, shopping, and cultural activities.

Important Franklin County Web Links Greater Chambersburg County of Franklin WellSpan Summit Health Chamber of Commerce (Government) wellspan.org chambersburg.org franklincountypa.gov Keystone Health Greater Waynesboro Franklin County keystonehealth.org Chamber of Commerce Visitor’s Bureau waynesboro.org explorefranklincountypa.com United Way of Franklin County uwfcpa.org Greencastle-Antrim PA CareerLink Franklin County Chamber of Commerce pacareerlink.pa.gov Healthy Franklin County greencastlepachamber.org healthyfranklincounty.org Shippensburg University Small Tuscarora Area Business Development Center Chamber of Commerce ship.edu/sbdc tachamber.org Franklin County Works Shippensburg Area Chamber franklincountyworks.com of Commerce shippensburg.org 2021 PROFILE 18 1900 Wayne Road, Chambersburg, PA 17202 | 717.263.8282 | 717.263.0662 fax | fcadc.com

The Franklin County Area Development Corporation is an award-winning Economic Development Agency charged with formulating, implementing, and promoting a comprehensive county-wide economic development strategy. The Corporation strives to create an atmosphere that nourishes planned growth and family sustainable employment opportunities.