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Give us a call today to set up an appointment to see our NEW corporate headquarters and showroom, and let us show how we can inspire you! 7813 Derry Street, Harrisburg, PA 17111 717-985-9700 • www.gotanner.com 2 Dauphin/Cumberland Business Report 2014 FROM OUR SPONSOR 4 Dear Readers: MARKET FACTS The facts and numbers behind Dauphin and Cumberland Area Economic Development Cumberland counties Corp. (CAEDC) and Cumberland Valley Visitors Bureau (CVVB) are proud to serve the Cumberland Valley community, which includes Cumberland County and the sur- rounding area, through the attraction of new 7 business, the growth and retention of existing BUSINESSES THAT LISTEN business, and the promotion of our tourism and natural assets. We A focus on customer needs spurs business growth work each day to create jobs, generate investment and maintain a in the region high quality of life for our community. Our success is contingent upon the strength of our partnerships with businesses, nonprofits, local municipalities and residents. As the county’s designated economic development agency, CAEDC has access to a variety of investment strategies to help 14 new and existing businesses bridge the financing gap between A DIFFERENT KIND OF private investment and total project cost. We offer development RIVER ECONOMY services ranging from site selection, capital access, permit naviga- The Susquehanna’s scenic backdrop propels local business tion, community planning and more. The CVVB, CAEDC’s tourism arm, is the designated destina- tion marketing organization for the county. We assist organiza- tions through tourism grant programs; the Tourism Infrastructure Loan Fund; increasing visitation through leisure, group and 18 business travel; and by providing public relations support. Q&A WITH SCOTT KARNS In 2013, CAEDC experienced its best year since its incep- Karns Quality Foods president and CEO discusses tion in 2005. We financed or funded seven projects with a total investment of $24 million, which leveraged another $46 million company history and future in private investment or matching funds. Site selection was also strong, with three development projects with a total investment of $207 million and 2,287 jobs created and/or retained. When we talk to businesses about why they moved to Cum- 21 berland Valley, or continue to stay in the area, their response PROTECTING LIQUID ASSETS always includes the combination of a highly skilled, trained and Keystone Clearwater Solutions provides secure water educated workforce alongside our strategic location and high supplies for the shale industry quality of life. We look forward to continuing that momentum through advancing and promoting economic growth in Cumber- land Valley and fostering strategic partnerships. Thank you to our partners, because together we make Cumberland Valley the best place to live, work and play. 1500 Paxton St., Harrisburg, PA 17104 | 717-236-4300 | Fax 717-236-6803 www.CPBJ.com Sincerely, CEO/Publisher Project Editor Contributing Designer David A. Schankweiler Erica Streisfeld Ann Marie Reynolds President Editorial Coordinator Sales Manager Jonathan Bowser, CEO Larry Kluger Barbara Phillips Long ShaunJude McCoach Cumberland Area Economic Development Corp. Business Manager Operations Director Account Executive Donna Schankweiler Chad Pickard Sarah Plesic Associate Publisher Graphic Designer VP, Audience Development Douglas D. Cooper Mark Lockley Zander Gambill BRIDGING THE FINANCING GAP with private investment for real estate acquisition and construction, working capital and equipment purchases. CumberlandBusiness.com (717) 240--7180 Dauphin/Cumberland Business Report 2014 3 Dauphin/Cumberland MARKET FACTS EMPLOYMENT BY INDUSTRY Getting to know Agriculture, Forestry, Fishing & Hunting 635 Mining 163 Utilities 858 Dauphin and Construction 5,129 Dauphin Manufacturing 11,579 Wholesale Trade 6,944 Cumberland Retail Trade 14,791 Transportation & Warehousing 5,855 Information 2,330 Finance & Insurance 10,057 counties Real Estate & Rental/Leasing 1,345 Professional & Technical Services 6,902 Management of Companies & Enterprises 3,552 TOP EMPLOYERS Admin/Support & Waste Management/Remediation Services 9,085 10 Educational Services 3,027 Health Care & Social Assistance 26,463 Dauphin County Arts, Entertainment & Recreation 6,597 Accommodation & Food Services 1. State government 13,560 Other Services, except Public Administration 2. Milton S. Hershey Medical Center 6,031 Federal Government 2,626 3. Hershey Entertainment & Resorts Co. State Government 26,153 4. The Hershey Co. Local Government 10,963 5. PinnacleHealth Hospitals 6. PHEAA Agriculture, Forestry, Fishing & Hunting 235 7. Federal government Mining 76 8. Tyco Electronics Corp. Utilities 75 9. Pennsylvania State University Cumberland Construction 4,127 10. Harrisburg Area Community College Manufacturing 8,222 Wholesale Trade 3,854 Cumberland County Retail Trade 15,475 Transportation & Warehousing 1. Federal government 12,231 Information 2. Highmark Health Services 2,336 Finance & Insurance 8,218 3. Holy Spirit Hospital Real Estate & Rental/Leasing 1,382 4. State government Professional & Technical Services 7,168 5. Giant Food Stores LLC Management of Companies & Enterprises 4,311 6. Cumberland County Admin/Support & Waste Management/Remediation Services 8,066 7. Cumberland Valley School District Educational Services 3,125 8. Ahold Financial Services LLC Health Care & Social Assistance 14,293 9. Fry Communications Inc. Arts, Entertainment & Recreation 1,079 10. Dickinson College Accommodation & Food Services 9,357 Other Services, except Public Administration 4,636 Source: Center for Workforce Information & Federal Government 4,892 Analysis, Pennsylvania Department of Labor State Government 3,318 & Industry, third quarter 2013 Local Government 7,594 Source: Pennsylvania Department of Labor & Industry, 2012 annual average LABOR FORCE Dauphin Cumberland Pennsylvania Civilian labor force 140,200 125,800 6,430,000 Dauphin/Cumberland unemployment rates Unemployment rate 5.5% 4.8% 6.2% are lower than the Source: Center for Workforce Information & Analysis, Pennsylvania Department of statewide rate. Labor and Industry, 2014; preliminary February 2014 figures, seasonally adjusted 4 Dauphin/Cumberland Business Report 2014 POPULATION GROWTH Cumberland has been Pennsylvania’s fastest-growing county since 2010. Growth* POPULATION Dauphin County 270,937 Cumberland County 241,212 Pennsylvania 12,773,801 *Population growth from April 1, 2010 to July 1, 2013 Source: Pennsylvania State Data Center, 2013 estimates 1.1% Dauphin County 2.5% Cumberland County POPULATION DENSITY The Harrisburg-Carlisle MSA has the lowest population density in Central Pennsylvania. Population METRO AREA DENSITY Lancaster 528.00/square mile 519,445 434,972 Lancaster York-Hanover York-Hanover 477.61/square mile Lebanon 368.47/square mile Harrisburg-Carlisle* 330.21/square mile 133,568 549,475 Harrisburg- *Harrisburg-Carlisle MSA includes Perry County Lebanon Source: USA.com; based on 2010 data Carlisle MEDIAN HOUSEHOLD INCOME* *For Harrisburg-Carlisle MSA; includes Perry County $57,368 Source: USA.com; based on 2008-2012 data MEDIAN HOUSE PRICE* *For Harrisburg-Carlisle MSA; includes Perry County $169,000 Source: USA.com; based on 2008-2012 data COLLEGE GRADUATES GDP* 31k 30k 28.7% of residents had college degrees in 2010 29k 28k 27k of residents had college degrees in 1970 26k 9.4% 25k 24k 23k That represents 19.3% growth 22k 21k Millions of current dollars 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Source: Cities with the Most College-Educated Residents, The New York Times, May 30, 2012; based on data from the Brookings Metropolitan *For Harrisburg-Carlisle MSA; includes Perry County Policy Program for the Harrisburg-Carlisle metro area Source: U.S. Department of Commerce, Bureau of Economic Analysis Dauphin/Cumberland Business Report 2014 5 PinnacleHealth is a great partner in making our Wellness Initiative a success. - Susan Stough, Benefits Administration Manager, Hershey Entertainment & Resorts More than 80 regional employers, representing Call us today to learn how PinnacleHealth can provide 40,000+ employees, are improving their health, thanks unique solutions that improve the quality of care for to PinnacleHealth’s CARES program. 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