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Otsego Futures Workshop with additional industriesOtsego, Wright County 2014 © 2013 Regents of the University of Minnesota. All rights reserved. A K, ;"( 1: Employment Overview 0 2013 Regents of the University of Minnesota. All rights reserved. 1600 1400 1200 1000 O M M 200 Employment in Otsego 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 © 2013 Regents of the University of Minnesota. All rights reserved. OTIM loll _r W11 County 2001 2012 Change 2001- 012 Otsego 384 11579 /419% Albertville 11437 31538 146% Elk River 91798 111399 16% Monticello 51825 71411 27% Ramsey 41019 51394 34% Rogers 41886 71498 53% St. Michael 21689 31310 3% Source: QCEVWaa Is rounded © 2013 Regents of the University of Minnesota. All rights reserved. 60% 50% 40% 30% 20% 10% 0% -10% -20% Year -to -Year Employment Change 2 -+-Otsego Albertville Elk River Monticello -*-Ramsey -Rogers +St. Michael 0 2013 Regents of the University of Minnesota. All rights reserved. Employment by Industry Otsego 2012 Wholesale Trade, 2% Educational Services, 5% Health Care and Social Assistance, 5' Transport and Utilities, 6% Other Services , 8% Professional, Scientific, an( Technical Servic 10% Financial Activities, 2% Public Administration, 1% Construction, 13% sure and itality, 26% iil Trade, 21 % © 2013 Regents of the University of Minnesota. All rights reserved. Percent of Employment by Industry Comparison Other Services Educational Services Health Care and Social Assistance Transport and Utilities Construction Manufacturing Leisure and Hospitality Government Retail and WholesaleTrade 0% 10% 20% 30% 40% 50% 60% i St. Michael i Rogers i Ramsey i Monticello o Elk River m Albertville i Otsego © 2013 Regents of the University of Minnesota. All rights reserved. 9%q a E I I &: —PMIL I I I vgkql)�: Sector Change 2001.2012 National Growth Component Industrial Mix Component Competitive Share Component Retail Trade 301 0 301 Leisure and Hospitality 216 3 25 189 Construction 155 -8 163 Wholesale Trade Transport 128 -6 134 Other Services 395 2 1 392 Government 10 0.2 0.2 9.6 Financial Activities -10 -1 -9 Source: Georgia Stats, based on CEW data 0 2013 Regents of the University of Minnesota. All rights reserved. SHIFT -SHARE COMPARISON Employment National Competitive Competitive Change Growth Share Share 2001-2012 P cen Otsego 17195 6 16 11174 98.20 o Wright 77160 473 -852 7540 105.3% County Source: Georgia Stats, based on CEW data 0 2013 Regents of the University of Minnesota. All rights reserved. 950 900 850 800 750 700 650 600 550 Average Weekly Wage, All Industries 500 �— 450 7 400 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 -+-Otsego -*-Albertville Elk River Monticello —*-Ramsey -+-Rogers —#--St. Michael 0 2013 Regents of the University of Minnesota. All rights reserved. :1110 11 1 M I I N I M I :Ll IN U1 0 U W9 Direct Impacts Indirect Induced Impacts: Impacts. Suppliers of Labor Material Income Inputs A%, UNIVERSITY OF MINNESOTA EXTENSION pain TL;TIin � Construction © 2013 Regents of the University of Minnesota. All rights reserved. SII '� 1 1 '.: 1: E ,7111 yl '� �• 199 employees in Otsego $45.2 million in output generated (Wright County) $4.5 million in labor income (Wright County) 32 establishments (QCEW) 1 56% of expenditures are for inputs —Wholesale trade, petroleum products, and architectural & engineering services 1 44% are for labor — Average weekly wage: $1,075 (QCEW) © 2013 Regents of the University of Minnesota. All rights reserved. 200 RE 160 140 120 100 ME 40 20 Direct Indirect Induced Total © 2013 Regents of the University of Minnesota. All rights reserved. 11 : : ilii hl �:• 1' 1 'i :► � : 1 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 `p�,'�� �° 1 Induced Indirect 0 2013 Regents of the University of Minnesota. All rights reserved. WHAT'S SRNG IN THE M SP MON AND CAN OTSEGO TAP I NM THAT S I RNGTH? Food Processing Medical Devices Lighting and Electrical Equipment Analytical Instruments Metal manufacturing Publishing & Printing Production Technology Distribution Services, Transportation, and Logistics Clusters Financial Services Information Technology Management of companies © 2013 Regents of the University of Minnesota. All rights reserved. Food Processing Industry © 2013 Regents of the University of Minnesota. All rights reserved. DrUASSS J Fird Luc aLiu ir Ernploymmit Quakimt 21 ProressedFood 21 empfaymEm andfauotiorr Quoden thos flurtuuted 24 since 1998 19 18 11 Beat and 16 Related 1959 GO 02 Products and 5eNiues Milk and Fraaen ��e95erts Other 04 06 08 2010 The largest sub cluster within th e Pro muedFvvdCluster is SpedaftV FovdsandInyredierrts, fvllowed by Baked Baked Patkoged'Foods analPape, Riper Packaged miners Wd5 Contain rs and Sams. �pe��alt}L Candyand Fmts and Ingredients Chocolate 224 V LV I J RUYUI ILJ UI LI IU UI IIVUROLy UI IVIII II IL Al" M TjI ILJ IUOUIVU. Food Processing Sectors: Wright & Sherburne Co. 1,130 Jobs Distilleries 21% Animal processing 6% Cheese 2% Frozen food 28% Fruit & vegetable 17% © 2013 Regents of the University of Minnesota. All rights reserved. jTO�.\` 1 Z4 l: '111 319 employees in Wright County $106 million in output generated annually (Wright County) $15.8 million annually in labor income (Wright County) Unknown number of establishments (not disclosed in QCEW) 80% of expenditures are for inputs — Grains, hogs, and poultry 20% are for labor — Average weekly wage: $890 (QCEW) Examples of industries include: frozen dairy, frozen bakery, frozen meat, frozen fruits, frozen seafood © 2013 Regents of the University of Minnesota. All rights reserved. � 1 l: '111 , LIM 'i I1 m 200 150 100 50 207 Direct Indirect Induced Total 0 2013 Regents of the University of Minnesota. All rights reserved. '1'11 " $TO 11 .\` 1mi 45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 eA 06� �'� � God o�NNI -0`� roe 50 •��`� aG �� o� � ooh ,off o� o� m Direct mIndirect 0 2013 Regents of the University of Minnesota. All rights reserved. PPOffnNG I NDUSIRI ES 1 Agriculture Transport Robinson) of agricultural products (C.H. Grocery stores (Supervalu) Water & Hygiene products Plastics - packaging (Ecolab) © 2013 Regents of the University of Minnesota. All rights reserved. Medical Devices Industry © 2013 Regents of the University of Minnesota. All rights reserved. mff&n� Devices employrnen t andlorafion quotientfnereased consistently ern 0 2007, where it hossir?cL; top Efed Off Dbiostic ��,�,tancEyS I&DIA Emplgripra 40tipiit Ilk nks) 30 - 4 OphtMmie Goods 3�n 199 00 02 44 06 48 2010 5 41; 4 2•S 2 I's 1 O'S 0 The Ineyest 3uh chaster with in f P Medical Devices cbster i Surgica.• Insnmen is and Supplies,'ollowed by Wdimf Equipmeit t Medical Device Sectors: Wright and Sherburne Co. Jobs = 63 Dental equipment & supplies 57% urgical, medical & laboratory instruments 34% al appliance &supplies 9% © 2013 Regents of the University of Minnesota. All rights reserved. M TICAL DEVICES INDUSTRY. DENTAL EQUI PM ENT M ANUFAMR NG 36 employees in Wright County $15.1 million in output generated (Wright County) $ 6 million in labor income (Wright County) Unknown number of establishments (Not disclosed in QCEW) 1 29% of expenditures are for inputs — Metals, wholesale trade, lime and gypsum products 1 71 % are for labor — Average weekly wage of misc. manufacturing: $1,126 (QCEW) Examples of products include: dental equipment and supplies used by dental laboratories and offices of dentists © 2013 Regents of the University of Minnesota. All rights reserved. M TICAL DBA INDUSTRY, DENTAL EQUI PM ENT M ANUFAMR NG 250 200 150 100 50 Direct Indirect Induced Total 0 2013 Regents of the University of Minnesota. All rights reserved. M I CAL DEVI INDUSTRY: DENTAL EQUIPM MANUFAMRNG 14,0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 6�� n uce �p° P m Indirect �e,��� G` 0 2013 Regents of the University of Minnesota. All rights reserved. PPOffnNG I NDUSIRI ES Analytical instruments Biopharmaceuticals Patent lawyers © 2013 Regents of the University of Minnesota. All rights reserved. Electrical Equipment Industry © 2013 Regents of the University of Minnesota. All rights reserved. LIGHTING AN D ELECTRICAL EQU I PM ENT Key Performance indicators 2010 NurnkofImpinya 5,617 Location Quotient 216 Emplvrvenf in the Jfgh ng QndFd€=f Equipment c stens Mc rhon twice as eoncepratedm MSP as p �e region, Ave rage Annual Wage $55,585 befogeUght rg Ond Electneal Epoment wagn fn i"(Teapohs- 5r. Petal was the thlyd highest �n the notr n, Largest Companies Hirel Systems M N Wire Precision Inc R&D Batteries Electric Wire Products Corp Electrical Equipment Sectors: Wright and Sherburne Co. Jobs = 300 Misc. electrical Storage battery 9OX Switchgear & switchboard 30% equipment 10% Electromedical & electrotherapeutic Motor and generator 6% Irradiation apparatus 9% Itus Industrial process variable instruments 38% © 2013 Regents of the University of Minnesota. All rights reserved. RM CAL EQU I PM ENT INDUSTRY SIVITCHGEARAND SIVITCHBOARD 90 employees in Wright County $34.3 million in output generated (Wright County) $5.9 million in labor income (Wright County) Unknown number establishments (Not disclosed in QCEW) 68% of expenditures are for inputs — Relay and industrial controls, wholesale trade, switchgear 32% are for labor — Average weekly wage (all manuf): $941 (QCEW) Examples of products include: circuit breakers, control panels, electric fuses, and power switching equipment © 2013 Regents of the University of Minnesota. All rights reserved. 160 140 120 100 m 20 0 [fall I L i I: lull 9; IL 1;!Jd L Direct Indirect 30 156 Induced Total © 2013 Regents of the University of Minnesota. All rights reserved. 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 ej5 0�N� �0& 1 06, goo �6 mInduced mIndirect 0 2013 Regents of the University of Minnesota. All rights reserved. PPOffnNG I NDUSIRI ES This industry plays an important role as a supplier of other clusters in the region © 2013 Regents of the University of Minnesota. All rights reserved. Production Technology Industry © 2013 Regents of the University of Minnesota. All rights reserved. 7111U[NIU chine Tools Accessories 12% mL Production ss Technology liprnentSub- Employment systems and (Thousands) Components 18 - 55% 16 - Production Technology 14 employment and location 12 quotient hos fluctuated 10 since 1998 8 6 4 2 0 1998 00 chine Tools Accessories 12% mL Fabricated ss Plate Work liprnentSub- 15% systems and Components Process 55% Machinery 15% fill Location Quotient 02 04 06 08 2010 The largest sub cluster within the Production Technology is Process Equipment Subsystems and Components, followed by Process Machinery and Fabricated Plate Work, 1.3 [] Production Technology Sectors: Wright and Sherburne Co. Jobs =2,390 Indu Other fabric metal 3% Fabricated pip pipe fitting 7% Coating, engraving, heat treating and allies activities 2% Turned p screw, nut 370 Material handling Other Handtool equipment 6% 7% Plate work 9% rnamental rchitectural 10% Machine shops 46% © 2013 Regents of the University of Minnesota. All rights reserved. PRODUCTION TECHNOLOGY I N DUSTRYI. MACHINESHOPS 532 employees in Wright County $93 million in output generated (Wright County) $38.8 million in labor income (Wright County) 31 establishments (QCEW) 51 % of expenditures are for inputs — Machined products, iron and steel, plates & fabricated structural products 49% are for labor — Average weekly wage: $1,122 (QCEW) Machining metal & plastic parts & parts of other composite materials on job or order basis. Jobs are low volume generally. © 2013 Regents of the University of Minnesota. All rights reserved. PRODUCTION TEOHNOLOGY I N DUSTRYI. MACHINESHOPS 160 140 120 100 ,11 if 40 20 20 EEO 150 Direct Indirect Induced Total © 2013 Regents of the University of Minnesota. All rights reserved. PFZODUCflON TECHNOLOGY INDUSTRY: MACHINESHOPS 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 wo Goy `God, 0� Ill mInduced mIndirect 0 2013 Regents of the University of Minnesota. All rights reserved. Transport Industry © 2013 Regents of the University of Minnesota. All rights reserved. I]AMIII] MALI IIM hansporvtion #nd Lop if location Emplayment Quotient i%cusindsj 64 3 Transportation and 50 2.5 Logistics employment and location quotient 40 2 decreased sharply in 2002 30 1.5 and has since remained relatively constant 20 1 10 0.5 a 0 1998 00 02 04 Q6 08 2014 Air Airports Bus 3, °� �iranspartat,nn I% Arrangement and Warehousing 31% 'ansportation Support and Operations A The largest sub cluster within the Transportation and Logistics i • cluster is Air Transpiration, followed by Transpiration Average TranWirtation and rg rr' Arrangement and Warehousing, Transportation Sectors: Wright and Sherburne Co. Jobs =2,580 Couriers & messengers 110% Scenic & sightseeing transportation. 1% Transit & ground passenger 26% Transport by air 4% Transnort ey rail 3nsport by truck 55% © 2013 Regents of the University of Minnesota. All rights reserved. TRANSPORT INDUSTRY: TRJCKTRANSPORTA ON INDUSTRY 686 employees in Wright County $95.1 million in output generated (Wright County) $25.4 million in labor income (Wright County) 114 establishments (QCEW) 54 % of expenditures are for inputs — Petroleum, couriers/messenger services, truck transport 46% are for labor — Average weekly wage: $687(QCEW) Examples of industries include: general freight trucking, loca and long-distance, specialized freight trucking, local and long-distance © 2013 Regents of the University of Minnesota. All rights reserved. TRANSPORT INDUSTRY: TRJCKTRANSPORTA ON INDUSTRY 160 140 120 100 om ME 40 20 20 21 0 141 Direct Indirect Induced Total © 2013 Regents of the University of Minnesota. All rights reserved. TRANSW INDUSTRY: TRJCKTRANSPORTA ON INDUSTRY 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 . �� �° �° `�o �° �`�` of • �r� '�°� •`tip � � o 01 mInduced mIndirect 0 2013 Regents of the University of Minnesota. All rights reserved. Information Technology Industry © 2013 Regents of the University of Minnesota. All rights reserved. Information Technology employment and location quotient hos remained relatively constantsince 1998 Peripherals 22% Electronic Components end Assemblies 20% 'OM Inttxm fl Technolaey Location f mpbyment (Musands) quotient 25 20 15 10 5 0 1998 00 02 04 Comm'Computers serocei 3% 12% 06 08 2010 1.6 1.4 1.2 1 0.8 0.6 0.4 0.2 0 The largest sub cluster within the Information Technology cluster is Software, followed by Peripherals, and Electronic Components and Software Assemblies, 436 Information Technology Sectors: Wright and Sherburne Co. Jobs = 970 Data processing, hosting, ISP, web search portals 3% Telecommunication 13% Internet publishing and broadcasting_ 2% Cable &other subscription programming 5% Radio & television broadcasting 4% Other computer related services 8% Other information services 0 1 ° Specialized design p 9 services 12% Custom computer programming 21% Computer systems design services 31% © 2013 Regents of the University of Minnesota. All rights reserved. INFORMA ON TEOiNOLOGY INDUSTRY: TBMMMUNICAMON INDUSTRY 17 employees in Wright County $ 42.4 million in output generated (Wright County) $ 5.6 million in labor income (Wright County) 40 establishments (QCEW) 48% of expenditures are for inputs — Telecommunications, foreign imports, cable and subscription services 52% are for labor — Average weekly wage: $707(QCEW) Examples of industries include: wired and wireless telecommunication carriers, satellite and other © 2013 Regents of the University of Minnesota. All rights reserved. INFORMATION TEOHNOLOGY INDUSTRY: TBMMMUNICAMON INDUSTRY 250 200 150 100 50 Direct 79 218 ndirect Induced Total © 2013 Regents of the University of Minnesota. All rights reserved. INFORMATION TECHNOLOGY INDUSTRY: TBMMMUNICAION INDUSTRY 12.0 10.0 8.0 6.0 4.0 2.0 0.0 o 00 °� Induced mIndirect © 2013 Regents of the University of Minnesota. All rights reserved. Final Thoughts or Questions? © 2013 Regents of the University of Minnesota. All rights reserved. Adeel Ahmed: ahme0004amn.edu ff Brigid Tuck: tuckb umn.edu © 2013 Regents of the University of Minnesota. All rights reserved. The University of Minnesota is an equal opportunity educator and employer. This PowerPoint is available in alternative formats upon request. Direct requests to 612.626.8233.