11/12/2015
Kenosha • Milwaukee • Ozaukee • Racine Walworth • Washington • Waukesha
Seven counties. One vision. Council Meeting November 12, 2015
TED KELLNER Exec.Chairman, Fiduciary Management Milwaukee 7 Co-chair
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MARK CHRIS MONE ABELE Chancellor UW-Milwaukee Milwaukee County Executive
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• Previous five-year campaign results
• M7 3.0 campaign strategies:
1. Facilitate corporate expansion AGENDA and attraction 2. Advance industry clusters
3. Meet talent demand
4. Support entrepreneurship
5. Build regional capacity
Economic Development Partnership
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Milwaukee 7
Help companies expand
Improve & promote the region Attract new companies
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2010-2015 Campaign 42
Corporate Expansions & Relocation Projects
2010-2015 Campaign
7,048 pledged jobs $346M payroll $654M in new capital investment
Corporate Expansions & Relocation Projects
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2010-2015 Campaign
$1,100 $49,000 Invested M7 Avg. Wage
Corporate Expansions & Relocation Projects
Milwaukee Mayor TOM BARRETT Milwaukee 7 Co-chair
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12 71 DEALS PROSPECTS M7 Current Campaign
• 770 new/retained jobs
• $43M payroll 12 • $37M in capital DEALS investment • Avg. wage = $56,000
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City Lights Brewing Milwaukee County
City Lights Brewing Milwaukee County
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• 15,000 square feet
City Lights • Investing $2 million Brewing • 50 new jobs Milwaukee County
• 15,000 square feet
City Lights • Investing $2 million Brewing • 50 new jobs Milwaukee County
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Allcast
Washington County
• 30,000 square feet addition Allcast • 88 new jobs
Washington County • Investing $14 million
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• 30,000 square feet addition Allcast • 88 new jobs
Washington County • Investing $14 million
A. O. Smith Corporation Bucyrus Foundation ABB Catholic Financial Life Addison Clifton Charter Manufacturing Allen Edmonds Children's Hospital of Wisconsin American Design City of Milwaukee Associated Banc-Corp Consolidated Construction Aurora Health Care Core Consulting Bank Mutual Cotter Consulting Beer Capitol Distributing Co. Deloitte & Touche USA LLP INVESTORS
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Eagle Enterprises JP Morgan Chase Ernst & Young, LLP JTS Direct FIS Global Kenall Foley & Lardner, LLP Mandel Group Froedtert Health ManpowerGroup Gateway Technical College Marquette University GenMet Master Lock Godfrey & Kahn, S.C. Masterson Company Gonzalez SaggioHarlan Mawicke& Goisman Harley-Davidson Foundation Metal Era INVESTORS
Metro Milwaukee Sewerage District PNC Bank MGIC Investment PricewaterhouseCoopers LLP MillerCoors PS Capital Partners MKE Area Workforce Investment Board QPS Employment Group Milwaukee County Quad/Graphics ModineManufacturing Co. PricewaterhouseCoopers LLP Northwestern Mutual PS Capital Partners Ozaukee County QPS Employment Group Park Bank Quad/Graphics PAX Holdings Group Quarles & Brady LLP INVESTORS
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Racine County VJS Construction Services Reinhart Boernervan Deuren Waukesha County Technical College Robert W. Baird & Co., Inc. Waukesha Metal Products Rockwell Automation WEDC SEEK Careers/Staffing, Inc. We Energies Sharp Packaging Wells Fargo Spancrete Wenthe-Davidson Tax Air West Bend Mutual Trostel WI Economic Development Corp. U.S. Dept of Commerce - EDA WMEP Zimmerman Architectural Studios
INVESTORSUW Mil k
$650,000 Economic Development Administration Grant
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80% of GOAL
PAT O’BRIEN Executive Director, Milwaukee 7
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Regional Competitiveness
United States Milwaukee 2014 Gross Domestic Product Growth = 2.2% Growth = 0.8%
Unemployment 5.5% 5.1%
Strongest economy in the world.
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Weak consumer Consumer incomes demand remain flat
Key Trends
1. Globalization 2. Industrial Technology Revolution 3. Talent/labor transformation 4. Energy self-sufficiency
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Globalization
95% 75% 97% 1 live OUTSIDE of global purchasing of population will live in of the U.S. happens OUTSIDE DEVELOPING billion expected to join the of the U.S. COUNTRIES MIDDLE CLASS
NEW COMPETITIVE LANDSCAPE
* Brookings Export Nation 2013 data.
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NEW COMPETITIVE LANDSCAPE 2015 Productivity Adjusted Wages
U.S. = 100
NEW COMPETITIVE LANDSCAPE Natural Gas Prices
U.S. = 100
Source: International Energy Agency quarterly energy price and tax statistics; BCG analysis. Energy prices based on 2012 averages.
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NEW COMPETITIVE LANDSCAPE Avg. Projected Manufacturing Cost Structures
U.S. = 100
1. Facilitate corporate expansion and attraction M7 3.0 2. Advance industry clusters campaign strategies 3. Meet talent demand 4. Support entrepreneurship
5. Build regional capacity
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STRATEGY 1 Facilitate Strategy: Advance exporting clusters corporate expansion & attraction
• Sell the region to existing and new employers • Attract foreign direct investment • Market the EB5 Immigrant Investment program
BEVERLEY LOGAN FERRARA DAWSON Director, Corporate Expansion Director, Corporate Expansion & Attraction, Milwaukee 7 & Attraction, Milwaukee 7
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JIM PAETSCH Vice President, Corporate Expansion & Attraction Milwaukee 7
ATTRACTION PROJECT SUMMARY
• Prospect: European luxury auto manufacturer • 550 high skill manufacturing jobs • $100M investment • Lead source: cold call
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STRATEGY 2 Advance industry clusters
• Build industry capabilities for export & innovation • Global Cities Initiative
Strategies 1. Engage small- and mid-sized enterprises (SMEs) 2. Help companies navigate the exporting process 3. Expand and intensify export engagement Build industry capabilities for export & innovation 4. Create a strong• local export culture
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Export Development Program
BILL CHAD BURNETT HOFFMAN Director, Export Initiative Manager, Export Development
Next Generation Manufacturers Council (NGM) NGM COUNCIL CO-CHAIRS IMCP led by: • Mike Laszkiewicz, Rockwell Redevelopment Authority of the • Mary Isbister, GenMet City of Milwaukee (RACM) • Mayor Tom Barrett, City of Milwaukee and Milwaukee 7 STEERING COMMITEE City of Milwaukee DCD Gateway Technical College Monarch Industries UW-Milwaukee Redevelopment Authority GenMet M-WERC Water Council ofCity of MKE (RACM) JPMorgan Chase Racine County EDC WEDC FaBWisconsin MAWIB Rockwell Automation WI DWD Foley & Lardner Milwaukee 7 SEWRPC WMEP
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Clusters & Projects The Water Council Mid-West Energy Research Consortium (M-WERC) FaBWisconsin Century City/30th Street Corridor Infrastructure Development
Racine’s Machinery Row• Build industry capabilities for export & innovation
Economic Levers • Talent • Supply Chain • Innovation • Funding & Capital • Infrastructure • Global Trade & Investment
JIM TODD ZEHNER Director, BROADIE Economic Development Programs Manager, NGM Programs
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MIKE LASZKIEWICZ Vice President & General Manager, Power Control Business, Rockwell Automation Transformative Productivity
TRANSFORMATIONAL PRODUCTIVITY Optimized for Rapid Value Creation
Headquarters
Smart Grid
Customers
Supply Distribution Chain Center
50
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Advancing Industry Clusters
TRANSFORMATIVE PRODUCTIVITY • Best Practices/Road Mapping/Horizon Scanning • Workforce and Talent Development • Industry Diagnostic/Implementation Tools • Design Development Testbeds • Applied Academic Research
FDI Innovation
Export
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STRATEGY 3 Meet talent demand
Align workforce to industry needs
108,000
Job growth
Working age population change -6,000
2014 2015 2016 2017 2018 2019 2020 2021 2020 2023
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ANNE SUSAN NORDHOLM KOEHN Director, Education & Training Partnerships, Director, Industry Partnerships M7 Talent Partnership M7 Talent Partnership
Milwaukee 7 Assets
4 Technical Colleges
T FaB TWC Over 3000 M7 manufacturers 3 Workforce Investment Boards
21 Universities Over 76 K12 School Districts
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TO THIS
Talent Development Initiative Coordinate a rapid response to address a company’s immediate hiring needs.
Vet options for companies and broker connections with the right workforce and education partners.
Address the skills gap by growing and improving the quality of the regional labor pool through career pathways, apprenticeships, internships, upskilling, and essential skills programs.
Maximize resources toward an effective workforce and education system to generate high returns on public and private investment.
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TOM SCHULZ
Case Study: Meet demand for talent
STRATEGY 4 Support entrepreneurship
Promote organizations engaged in acceleration and start-ups
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Support Entrepreneurship M7
www.bizstarts.com
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Growing companies. Growing Milwaukee.
30 programming activities
Scalerator 1 & 2 Scalerator 3 • 27 companies 15 companies/10 manufacturers • 50% revenue growth • 200 new jobs
Milwaukee is serving as a global role model of Scale Up
Scale Up Milwaukee being noticed
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STRATEGY 5 Build regional capacity for growth
Lead, plan and facilitate
Next Meeting Seven counties. One vision. Wednesday, February 17, 2016 8-10 am Waukesha County Technical College
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