EDQ Quarterly Newsletter Spring 2014 | Page 7

Manufacturing is in the top five largest industry sectors in AthensClarke county. Manufacturing employees contribute to the economy by dining in local restaurants, shopping in local establishments, buying gas for their vehicles, and paying ad valorem taxes on their homes. “The site in Athens gave us the physical footprint and infrastructure needed to support this facility,” Henry said. “In addition, the state of Georgia has a very positive business climate and, along with local officials, provided a very competitive package to support the complex nature of locating a project like this from Japan to the U.S.” According to the Athens-Banner Herald, $17.6 million in property and infrastructure improvements were pledged by the local government along with an estimated $24 million in tax abatements over 20 years. Athens government officials and community leaders, along with their Oconee County counterparts, worked together tirelessly to establish Caterpillar in the Classic City. “(The entire community) did whatever it took. We were all there to do what we needed to do,” recalled Athens Mayor Nancy Denson. “We had support from getting facts and figures together for the company from both school systems, and St. Mary’s and Athens Regional hospitals. Local industries supported us by providing information on the workforce and their experience with the workforce in Athens.” At the 2012 Georgia Economic Outlook series, Gov. Nathan Deal addressed the importance Caterpillar’s move to the peach state. “(The Caterpillar plant) is an excellent example of the work that our Department of Economic Development is doing,” Deal said. “And I tell you that one of the characteristics of this facility is the fact that this is not just the relocation of the plant from one part of the United States to another. It is the relocation of a plant in Japan to the mainland, and part of the mainland that was chosen was the state of Georgia.” The move to Georgia has the benefit to Caterpillar of putting its products closer to its customers in North and South America. Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and dieselelectric locomotives. Another benefit that Caterpillar is seeing is Georgia’s Quick Start custom workforce training. Working through Athens Technical College, Quick Start is training Georgia workers in the full spectrum of Caterpillar’s needs – including those working in the office and production employees. Caterpillar is also leveraging the location’s excellent proximity to two major interstates and its current relationship with the Georgia Ports, which its existing operations in Georgia currently use. While the new facility is gaining state and nation-wide attention, its new hometown holds the most pride of all. “The true Southern hospitality and charm is very evident with the people in the Athens area,” Henry noted. “I have three Rolodexes full of business cards with people who always greet me with the same sentiment: ‘How can I help?’ And they mean it!” Job Creation additional jobs For every job created by are created in support industries manufacturing, throughout the county Average Wage Manufacturing jobs $54K Most Clarke County jobs $39K Manufacturing employees in ACC have a combined income of $329,331,756 which is 12.6% of our total wages Taxes The industrial sector of ACC had a taxable value that accounted for Capital Investment $1 capital investment For every of in manufacturing in Athens-Clarke County is added to the $1.35 local economy Education of Labor Force Elementary 5.4% —— Some High School 12.3% — High School Grad/GED 29.1% —— Some College 25.3% —— College Grad- 2 yr 5.1% — College Grad– 4 yr 13.2% — Post Grad Studies 9.6% — SOURCE: Athens-Clarke County Unified Government 7 7 7