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2018 Investor’s Report AREA DEVELOPMENT PARTNERSHIP

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Page 1: AREA DEVELOPMENT PARTNERSHIP 2018 Investor’s Report...Company Investment Jobs Forrest Gerneral Hospital $28,000,000 Select Product Plus $27,042,828 Camp Shelby $26,400,000 ... Central

2018 Investor’s ReportAREA DEVELOPMENT PARTNERSHIP

Page 2: AREA DEVELOPMENT PARTNERSHIP 2018 Investor’s Report...Company Investment Jobs Forrest Gerneral Hospital $28,000,000 Select Product Plus $27,042,828 Camp Shelby $26,400,000 ... Central

Chamber of Commerce

B

Leadership Pinebelt Graduates20

115Pine Belt Young

Professionals Members

a

2018 ADP Member Events

Accelerate Breakfasts/Lunches11

Business After Hours Events6

Attendees at Annual Meeting500

Sessions of Legislative Forum2

40 Ribbon Cuttings

With 860 members and a robust program of work, the Area Development Partnership's (ADP) chamber of commerce division had an outstanding year.

In 2018, The ADP hosted the annual Membership Appreciation Week, two Warm Welcome Receptions and two New Member Orientations while continuing the Professional Development Series, Rise Up, for young professionals, mid level managers, and budding entrepreneurs.

s• Hosted reception for Louisianna's 256th

Infantry Brigade Combat Team• Supported the military presence in

the region and throughout the state by taking part in the Mississippi Military Communities Council, AUVSI Mississippi Chapter meetings, and the Governor's Mississippi Defense Inititaive/Taskforce

Military

Pine Belt Young Professionals Events15

mCommunication

Ground Breakings4

• Published quarterly newsletter, The Navigator to promote events, highlight member businesses, and keep members apprised of new and on-going economic development efforts• Sent weekly email blasts to promote new members and calendar events• Appeared on WDAM to promote ADP events and recruit new members• Published Greater Hattiesburg Membership Directory & Business Guide• Added Chamber Chatter to The Navigator to provide members with additional tips and ideas to enhance their membership• Rebranded First Friday Breakfast to Accelerate

Attendees at HUBFEST30,000+

• Advertised in January/February issue of Where to Retire magazine

• Hattiesburg featured in Fall 2018 issue of Ideal Living Magazine

• Hosted "Discovery Tours" of Greater Hattiesburg for prosepective & future residents

• Fulfilled more than 500 requests for brochures and relocation packets

Retirement

• Hosted Leads Exchange networking event for members to share business referrals

• Launched inaugural Leadership Exchange in Auburn/Opelika, AL for business leaders to connect and explore opportunities to enhance the region's assets.

Member Outreach

129 New Members

730 Renewals

Golfers at the ADP Corporate Golf Challenge200

Page 3: AREA DEVELOPMENT PARTNERSHIP 2018 Investor’s Report...Company Investment Jobs Forrest Gerneral Hospital $28,000,000 Select Product Plus $27,042,828 Camp Shelby $26,400,000 ... Central

Company Investment Jobs

Forrest Gerneral Hospital $28,000,000

Select Product Plus $27,042,828

Camp Shelby $26,400,000

The University of Southern Mississippi $24,820,000

William Carey University $21,948,963 39

The Colony at Turtle Creek Crossing / Conways Pub $18,300,000 45

Hattiesburg Clinic $16,100,000 27

Hood Industries / Halo Development $17,000,000

Kleban Properties $15,000,000 220

Mar-Jac Poultry $13,412,150 25

Holiday Inn (Highway 49) $13,000,000 49

Kohler Engines $10,027,718

St. Fabian Catholic Church $4,500,000

Western Container $4,343,447

Central Sunbelt Federal Credit Union $4,200,000 45

Merit Health Wesley $3,000,000 85

Channel Control Merchants $3,600,000 120

Walk-Ons Bar & Bistreaux $2,088,000

B-Kwik Convenience Store $1,800,000 35

First Bank (Highway 98)* $1,800,000

Rosetta by T4 $1,500,000 5

Wis-Pak $1,125,749

Green Bay Converting $1,071,069

Berry Global $1,011,521

Dollar General - Carterville $875,000

Academy Sports & Outdoors* $806,520

Zeon Chemicals $605,570

The Depot Kitchen and Café* $375,000

Savilinx $354,000 791

Vital Care Compounder $294,000 14

Miskelly's Furniture $127,775 40

Bliss Bridal* $90,000

Roberts Company 80

Keg and Barrel West 15

General Dyanmics Information Technology 150

Total $287,791,757.00 1,819

Economic DevelopmentNew and Expanding Businesses Announced in 20182018 Investment in

Greater Hattiesburg

$280+ Millionin capital investmentU

1,800+ full-time jobs S

Investing $354,000Creating 791 new jobs

*indicates figures are from building permit records**Smaller investments are not listed but included in overall total

Hood Companies &Hood industries

Investing $17MNational Headquarters

Page 4: AREA DEVELOPMENT PARTNERSHIP 2018 Investor’s Report...Company Investment Jobs Forrest Gerneral Hospital $28,000,000 Select Product Plus $27,042,828 Camp Shelby $26,400,000 ... Central

One Convention Center Plaza | Hattiesburg, MS 39401601-296-7500 | www.theADP.com

Economic StatS

Started the process of becoming an ACT Certified WorkReady Community

act WorkrEady communitiES

4.1%Unemployment Rate

(MDES, Oct. 18 12-month moving average)

S

$3.1Btotal retail sales (DOR)

COLI = 84.5% - Q3 2018Cost of Living Index

GDP Increase

22%over last 6 years

2013 - 2018 WagE groWth

7OpportunityZonesCreated

MEMPHIS-TN-MS-ARMSA: -0.4%

JACKSON MSA: -2.3%

GULFPORT-BILOXI MSA: -0.9%

HATTIESBURG MSA: 1.7%

ONLY MSA IN THE STATE OF MS TO

EXPERIENCE WAGE GROWTH

GREATER HATTIESBURG

AVERAGE WAGE INCREASED BY 1.7% OVER THE LAST FIVE

YEARS