March 8, 2012 1
Louisiana #2 best for new; #10 best for mature companies in the USA 2
“There is a real lesson in rebirth and recovery here for the entire nation.” 3
#1 Most Improved Metro for Business in the USA 4
Co-Major Market of the Year “New Orleans is undoubtedly the South’s comeback kid of the decade…” 5
#5 in the USA for logistics/ distribution/ shipping 6
#1 region for growth in IT jobs in the USA “Low costs, a friendly business climate and world-class urban amenities…” 7
#16/100 Best Metro to Raise a Family in the USA Criteria included school quality, home value, crime rates, job opportunity, and recreation options. 8
GNO, Inc. a Top 20 Economic Development Organization in the USA (out of 15,000) 9
GNO, Inc. serves as the economic development “hub” for the region. State/Federal Economic Development Stakeholders Partners The Public 10
GNO, Inc. takes a “double-barrel” approach to economic development. Business Development • Business Attraction • Business Growth • Business Retention Product Development • Policy Focus Sectors • Trade • Workforce • Energy • Brand Development • Adv. Man’f • Digital • Access to Capital • Medical • Sustainable 11
Why Regionalism Matters: Critical Mass Greater New Orleans Houston 12
Why Regionalism Matters: Population 2,500,000 Apart Together 2,000,000 1,500,000 1,000,000 500,000 0 13
Why Regionalism Matters: Commuting Patterns = work in home parish = commute 14
Why Regionalism Matters: Infrastructure 15
Why Regionalism Matters: Response to Challenges Oil and Gas Permit Slowdown Hornets Mining Employment: New Orleans Region 8,500 Number of Workers in Mining (NAICS 21) 8,385 8,000 7,649 NBA “10,000 Club” 7,500 7,444 7,540 7,330 7,270 New Orleans Boston 7,000 Miami Chicago NY Dallas Oklahoma L.A. (Lakers) 6,500 Orlando L.A. (Clippers) Golden State Portland 16
Why Regionalism Matters: Folgers Case Study Folgers consolidated facilities from across the USA into three plants in the GNO region. + New Orleans East St. Tammany 17
Why Regionalism Matters: Site Selectors Common Site Selector Questions: • What is your labor shed within two hours drive time? • What graduates are produced annually by your region’s and state’s colleges and universities? • Where can employees of various income levels live? • What are the public, private and parochial school options? • What are the recreation and lifestyle options within two hours drive time? Without the region, we cannot answer these questions! 18
2011 Business Development Highlights In total, 1,051 jobs creating over $80M of net tax impact. GE Capital Bradken 300 jobs 400 jobs Enterprise Foundry Software Gameloft NASA 150 jobs 500+ jobs Mobile Heavy-Lift Gaming Rocket 19
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2011 Product Development Highlights Product Development creates a better business product. Policy Quality Jobs, Angel, Digi, GRAD, UNO Product Development Workforce Digital Delgado, University Liaison Brand Mgmt 397 articles, 69M impressions Capital New Orleans Startup Fund 21
2011 Partner Highlights • Jefferson – Completed the Churchill Business Park with the Business Innovation Center • Orleans – Gameloft established major video game development studio in New Orleans • Plaquemines – Announced Bypass Road linking Venice with Metro New Orleans • St. Bernard – $1.4B invested in critical infrastructure ($350M in 2011) • St. Charles – Praxair announces $50M expansion • St. James – Nucor broke ground on $750M DRI-facility, 1,250 total direct employment • St. John – Louisiana Coastal Impact Assistance Program (CIAP) awards two projects • St. Tammany – Globalstar moved from California to Covington, with 600 jobs • Tangipahoa – Bradken expands to Amite, adds even more employees, to 400 • Washington – Acme Machine and Welding, LLC expands to Franklinton Industrial Park 22
Regionalism – The Key to Our Success “The New Orleans region is staging one of the most remarkable comebacks of the new century. Not only are jobs and income up, but there is a new sense of cooperation and opportunity across the region.” - Joel Kotkin, author and historian 23
Regionalism – The Key to Our Success “The New Orleans region is staging one of the most remarkable comebacks of the new century. Not only are jobs and income BECA CAUSE SE up, but there is a new sense of cooperation and opportunity across the region.” - Joel Kotkin, author and historian 24
Thank You for Your Support 25
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