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Aerospace Manufacturing a Growth Leader in Georgia

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Aerospace Manufacturing a Growth Leader in Georgia Aerospace Manufacturing A Growth Leader in Georgia In this study: 9. Research Universities 10. GTRI and GTMI 1. Industry Snapshot 11. High-Tech Talent 3. A Top Growth Leader 12. Centers of Innovation 4. Industry Mix 13. World-Class Training Programs 6. Industry Wages and Occupational 15. Strong Partnerships and Ready Workforce Employment 16. Transportation Infrastructure 7. Pro-Business State 17. Powering Your Manufacturing Facility Community and Economic Development 8. Unionization 18. Aerospace Companies Aerospace Manufacturing A Growth Leader in Georgia Aerospace is defined as Aerospace Products and Parts Manufacturing as well as Other Support Activities for Air Transportation. Aerospace Georgia is the ideal home for aerospace include Pratt & Whitney’s expansion in companies with ¨¦§75 ¨¦§575 25+ employees companies. With the world’s most traveled Columbus in both 2016 and 2017, Meggitt «¬400 ¨¦§85 ¨¦§985 airport, eight regional airports, prominent Polymers & Composites’ expansion in military bases and accessibility to the Rockmart and MSB Group’s location in ¨¦§20 ¨¦§20 country’s fastest-growing major port, Savannah. For a complete list of new major ¨¦§85 Georgia’s aerospace industry serves a locations and expansions, see page 2. ¨¦§185 global marketplace. Georgia is also home to a highly-skilled workforce and world- ¨¦§16 Why Georgia for Aerospace? class technical expertise geared toward promoting the success of the aerospace • Highly skilled workers ¨¦§75 ¨¦§95 industry. Georgia’s business climate is • World-class technical expertise consistently ranked as one of the best • Renowned workforce training program in the country, with a business-friendly tax code and incentives that encourage • Increasing number of defense manufacturing growth for existing and personnel newly arriving companies. • Business-friendly environment • Excellent accessibility to market #1 Leaders in the Industry State for for Aerospace Several global and national leaders in 1 Top Aerospace Employers Manufacturing the aerospace industry have a presence in Georgia. Lockheed Martin, a major Company Employment global aerospace and defense contractor, Gulfstream Aerospace Corp. 10,250 #2 specializes in researching, developing Delta TechOps Division 6,643 Ranking of the Georgia market for and manufacturing advanced military Lockheed Martin Corp. 5,400 aircraft engines and parts exports technology. Gulfstream Aerospace is a Meggitt Polymers & Composites 900 in the U.S. national leader in commercial aircraft Triumph Aerostructures-Vought 750 manufacturing and repair. Additionally, Aircraft Meggitt Polymers & Composites, a division Northrop Grumman Corp. 576 #7 of UK-based Meggitt PLC, specializes in PCC Airfoils LLC 522 Pratt & Whitney/Columbus State for Defense Spending flexible fuel tanks and helicopter interior 480 2 Engine Center Investment panels and accessories. JAC Products Inc. 460 Aircraft Service International 450 181,500 New Aerospace Companies Bring Group Inc. Business to Georgia Note: Employment numbers reflect the employment of all Number of workers employed in Georgia locations. Employment numbers listed on this table aerospace-related occupations3 In the last five years, 12 facilities located or are actual industry workers, which differ from occupational workers. Occupational workers mentioned on this page and expanded operations, creating more than on page 6 of this study have skills that could be applied to 1,700 jobs. Georgia’s latest announcements the aerospace industry. Source: Aerospace Database, Georgia Power Community and Economic Development, 2017 1 PriceWaterhouseCoopers (PwC) 2017 Aerospace Attractiveness Rankings, 8.15.2017 2 Office of Economic Adjustment - Defense Spending by State, FY2015 3 EMSI 2017.3 Georgia Power Community & Economic Development – Your Partner In Business © Georgia Power, November 2017 1 Aerospace companies bring business to Georgia. Aircraft Engine Manufacturer, Major locations and expansions bring more than 1,700 aerospace jobs to Georgia. Pratt & Whitney, to Invest $386 No. of Jobs Million in Columbus Facility Year Company City County Product Announced “This investment will ensure we have 2017 Pratt & Whitney* Columbus Muscogee Aircraft engine overhaul and repair 500 the appropriate infrastructure, tooling 2017 Terma Atlanta Cobb Defense and aerospace manufacturer 10 Meggitt Polymers & Engine components and other 2016 Rockmart Polk 144 and trained workforce in place to Composites* structures for F35 combat fighter provide the best products and services 2016 Pratt & Whitney* Columbus Muscogee Aircraft engine overhaul and repair 100 to our customers worldwide.” Interior components of business 2016 MSB Group Savannah Chatham 50 aircrafts Peachtree Chris Calio, Pratt & Whitney Commercial 2015 Wencor Group LLC* Fayette Aerospace parts supplier 295 Engines City 2015 Boeing Co.* Macon Bibb Structural subassemblies for airlifters 212 Source: “Pratt & Whitney to Create More Than 500 Jobs in Muscogee County,” Governor’s Office Press Composite and metal bonded air- 2015 Triumph Aerostructures* Milledgeville Baldwin 50 Release, 2.14.2017 craft structures McCann Aerospace Precision machined monolithic parts 2015 Athens Clarke 25 Machining* for the aerospace industry 2014 Gulfstream Aerospace* Brunswick Glynn Commercial aircraft 100 Complex sub-assemblies for airframe 2013 Valent Aerostructures** Pooler Chatham 100 manufacturers 2013 Pratt & Whitney* Columbus Muscogee Aircraft engine overhaul and repair 125 Total 1,711 14,000 *Expansions Number of civilian workers **Acquired by LMI in 2013 employed at Georgia’s four Source: Press announcements; Aerospace Database, Georgia Power Community & Economic Development, 2017 Air Force bases 375 Georgia is the Center of Major Aerospace Activity Number of private facilities More Than 24,000 Employed by Major Manufacturing Employers within 400 Miles dedicated to aerospace parts of Atlanta+ and products manufacturing, and air transportation support activities1 450 1,800 S E 5,400 L I M 0 0 ATLANTA 4 7, 379 10,000 1,000* +Employment does not reflect total aerospace manufacturing employment by state. Aerospace manufacturing may be higher as locations portrayed on this map are only a sample of total aerospace manufacturing employment in each state. *Represents projected employment number at full production in 2018 1 QCEW, U.S. Bureau of Labor Statistics, 2016 data Source: Press announcements; Aerospace Database, Georgia Power Community and Economic Development, 2017 2 Georgia Power Community & Economic Development – Your Partner In Business © Georgia Power, November 2017 Georgia’s aerospace cluster is the largest in the Southeast. The aerospace industry is one of the Exports in Georgia: Outperforming Top States in Aircraft and Aircraft largest in terms of employment and the U.S. Engines Exports one of the fastest-growing sectors in Georgia within transportation equipment GA Index SE Index U.S. Index Aircraft manufacturing. Among southeastern 1. Washington states, Georgia is the second most 6 2. California specialized in the production of aerospace122% 5 products, generating greater export 3. Kentucky r 2003 = 1 = 2003 r opportunities for local companies. 92% a 4. Texas 4 Lockheed Martin and Gulfstream are 5. Georgia among the largest exporters in Georgia. 66% 3 6. Florida Georgia employs more than 21,000 07% workers in aerospace product712% and parts 2 Aircraft Engines and Parts manufacturing. Exports Index, Ye 1. Texas Aerospace exports increased 180 percent 1 Georgia 2. from 2006 to 2016, 2.3 times the growth Ohio of U.S. exports. Georgia’s aerospace 0 4. South Carolina 2011 2013 2015 2012 2014 2016 2010 2007 2003 2005 2004 2006 2009 exports also account for 30 percent of 2008 5. Florida all aerospace exports in the Southeast, *Southeast region, as defined in this study, includes Georgia, followed by Florida with 25.9 percent and Alabama, Florida, Mississippi, North Carolina, South Carolina and Tennessee Note: HS Commodities codes used - 88, Source: State exports by HS commodities, USA Trade South Carolina with 24.7 percent. Aircraft, Spacecraft, and Parts Thereof, and 8411, Turbojets, Online, Foreign Trade Division, U.S. Census Bureau, Turbopropellers, and Other Gas Turbines, Parts. Source: State 2016 data exports by HS commodities, USA Trade® Online, Foreign Trade Division, U.S. Census Bureau. Georgia’s Aerospace Industry: Largest in Employment and Second Most Specialized in the Southeast Sze of the bubble represents number of Aerospce obs* 2 50 Aerospace Employment2017 Location Quotient2017-2022 Projected Employment Change 2 00 Albm 1 50 GEORGIA South Croln Georgia 21,647 1.51 6.0% Ntonl Aver e 1 00 Florida 20,191 0.73 6.0% Flord Alabama 12,295 1.85 5.0% H hl speclzed 0 50 2017 Loc ton Quotent Loc ton 2017 North Croln South Carolina 7, 289 1.08 30.0% Tennessee Msssspp North Carolina 5,032 0.35 21.0% 0 00 Tennessee 2,180 0.22 -17.0% -15% -10% -5% 0% 5% 10% 15% 20% 25% 30% Mississippi 757 0.19 -2.0% 2017-2022 Proected Emplo ment Ch ne Fstest rown *Aerospace product and parts manufacturing (NAICS 33641), LQ = ratio of proportion of an area’s employment in an industry to that of the nation as a whole, LQ of 1 = National average, LQ < 1 = Area’s activity is not specialized, LQ > 1 = Area is more specialized. Source: EMSI, 2017.3 Georgia Power Community & Economic Development – Your Partner In Business © Georgia Power, November 2017 3 Georgia’s 375 aerospace companies are located throughout the state. Aerospace Employment at The industry NAICS classifications used in this study
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