AnEconomic Overview

Fayette County, GeorgiaThursday, February 14, 2013

POPULATION

8

Population: 111,150

Average Household Income: $90,608

Cost of Living: 4.6% below national average

Labor Force: 835,562

Demographics

POPU

LATION

Fayette County Census Breakdown

2000 2010Growth

RateFayette CountyUnincorporated Area 43891 48697 9.87%Peachtree City 31580 34364 8.10%Fayetteville 11148 15945 30.08%Tyrone 3916 6879 43.07%Brooks 553 524 -5.53%Woolsey 175 158 -10.76%Fayette County (ALL) 91263 106567 14.36%

Population Breakdown

10

2000 20100

20000

40000

60000

80000

100000

120000

Woolsey

Brooks

Tyrone

Fayetteville

Peachtree City

Unincorporated Fayette

Daytime Population

36.60%

37.97%

19.58%

5.54% 0.31%

POPU

LATION

- AGEPopulation by Age

Population by Age, Summary

11

Age 0-9 Age 10-29 Age 30-44 Age 45-64 Age 65+

2000 2010Growth

Rate

2000 2010Growth

Rate

2000 2010Growth

Rate

2000 2010 Growth

Rate

2000 2010Growth

Rate2000 Total Pop

2010 Total Pop % of Pop % of Pop % of Pop % of Pop % of Pop

Fayette County (unincorporated) 5620 5172 -8.0% 11102 12306 10.8% 9987 7677 -

23.1% 13376 17078 27.7% 3706 6434 73.6%

43891 48697 12.8%

10.6% -17.2% 25.3

%25.3% 0.0% 22.8

%15.8%

-30.7%

30.5%

35.1% 15.1% 8.4% 13.2

% 57.1%

Peachtree City 4698 4208 -10.4% 8195 8614 5.1% 7915 6182 -21.9% 8260 11237 36.0% 2512 4123 64.1%

31580 34364 5.1% 12.2%

139.2%

26.0%

25.1% -3.5% 25.1

%18.0%

-28.3%

26.2%

32.7% 25.0% 8.0% 12.0

% 50.0%

Fayetteville 1604 1977 23.3% 2891 4177 44.5% 2821 3199 13.4% 2355 4353 84.8% 1477 2239 51.6%

11148 15945 14.4%

12.4% -13.9% 26.0

%26.2% 1% 25.3

%20.1%

-20.6%

21.1%

27.3% 29.4% 13.3

%14.0% 5.3%

Tyrone 526 940 78.7% 976 1641 68.1% 918 1395 52.0% 1178 2237 89.9% 318 666 109.4%

3916 6879 13.4%

13.7% 2.2% 25.0

%24.0% -4.0% 23.4

%20.3%

-13.2%

30.1%

32.5% 8.0% 8.1% 9.8% 21.0%

Brooks 65 55 -15.3% 135 131 -3.0% 122 86 -29.5% 163 201 23.3% 68 51 -25%

553 524 11.8% 10.5% -11.0% 24.4

% 25% 2.5% 22.1%

16.4%

-26.0%

29.5%

38.4% 30.2% 12.3

% 9.7% -21.1%

Woolsey 13 16 23.1% 53 30 -43.4% 35 21 -

40.0% 51 59 15.7% 23 32 39%

175 158 7.4% 10.1% 36.5% 30.3

%19.0%

-37.3% 20% 13.3

%-

33.5% 29% 37.3% 28.6% 13.1

%20.3% 55.0%

Fayette County (ALL) 12526 12368 -1.3% 23352 26899 15.2% 21798 18590 -14.7% 25383 35165 38.5% 8104 13545 67.1%

91263 106567 8.0% 7.0% -12.5% 25.6%

25.2% -2.0% 23.9

%17.4%

-27.2%

27.8%

33.0% 18.7% 8.9% 12.7

% 43.0%

Source: US CensusOverall, Fayette County is ageing as a community. The population age 0-44 declined from 2000 to 2010 by 5,821 people, while the population age 45+ added 15,223 people. This has impacts on our schools and services as well as our business community. How will our medical services, education, transportation, shopping, housing need to change to meet the needs of this changing demographic?

POPU

LATION

– AGE BREAKDOW

N

17%

32%30%

11%11%

2000 Census, Fayette, by age

0-910-2930-4445-6465+

0-9 10-29

30-44

45-64

65+

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

-12.5%-2.0%

-27.2%

18.7%

43.0%

Change in Growth Rate as a Share of Population, 2000 - 2010

12%

25%

17%

33%

13%

2010 Census, Fayette, by Age

0-910-2930-4445-6465+

2010

2000

0 50000 100000 150000

57,857

57,676

48,710

16,208

0-4445+

12

POPU

LATION

– RACE & ETHN

ICITYPopulation by Race & Ethnicity

Population by Age, Summary

13

White Black Asian Hispanic Other

2000 2010Growth

Rate

2000 2010Growth

Rate

2000 2010Growth

Rate

2000 2010Growth

Rate

2000 2010Growth

Rate2000 Total Pop

2010 Total Pop % of Pop % of Pop % of Pop % of Pop % of Pop

Fayette County (unincorporated) 34995 31934 -

8.74% 6868 11655 69.7% 659 1008 53.0% 1027 3284 219.8% 342 915 167.5

%

43891 48697 79.7%

65.6%

-17.7%

15.6%

23.9% 53.2% 1.5

%2.1% 40.0% 2.3

%6.7%

191.3%

0.8%

1.9%

137.5%

Peachtree City 26873 26790 -0.3% 1894 2509 32.5% 1152 1811 57.2% 1184 2442 106.3% 477 812 70.2%

31580 34364 85.1%

78.0% -8.3% 5.9% 7.3% 23.7% 3.6

%5.3% 47.2% 3.7

%7.1% 91.9% 1.5

%2.4% 60.0%

Fayetteville 8772 8345 -4.9% 1544 5223 238.3% 369 1053 185.4% 310 766 147.1% 153 458 199.3

%

11148 15945 78.7%

52.3%

-33.5%

13.9%

32.8% 136.0% 3.3

%6.6% 100.0% 2.8

%4.8% 71.4% 1.4

%2.9%

107.1%

Tyrone 3646 4490 23.1% 132 1722 1204.5% 39 231 492.3% 57 246 431.6

% 42 190 352.4%

3916 6879 93.1%

65.3%

-29.9% 3.4% 25.0

% 635.3% 1.0%

3.4% 240.0% 1.5

%3.6% 1.4% 1.1

%2.8%

154.5%

Brooks 539 493 -8.5% 2 3 50.0% 7 3 -57.1% 3 20 566.7% 2 5 150.0

%

553 524 97.5%

94.1% -3.5% 0.4% 0.6% 50% 1.2

%0.6% -50.0% 0.5

%3.8%

660.0%

0.4%

1.0%

150.0%

Woolsey 166 149 -10.2% 6 5 -16.7% 2 0 -

100.0% 1 2 100% 0 2 200%

175 158 94.9%

94.3% -0.6% 3.4% 3.2% -5.9% 1.1

%0.0%

-100.0%

0.6%

1.3% 116.7% 0.0

%1.3% 130%

Fayette County (ALL) 74991 72202 -3.7% 10446 21117 102.2% 2228 4106 84.3% 2582 6760 161.8% 1016 2382 134.4

%

91263 106567 84.2%

67.8%

-19.5% 11.4% 19.8

% 73.7% 2.4%

3.9% 62.5% 2.8

%6.3%

125.0%

1.1%

2.2% 100%

Source: US Census

Fayette is becoming increasingly diversified. Tyrone was the only area to see real growth White populations. All other areas of the county saw declines in white population. Black populations grew in all areas of the county, seeing double or triple digit percentage growth in all but two areas. There is the strong potential that sometime this decade, Fayetteville will become a majority-minority area. It currently has a white population of 52.3%.

POPU

LATION

– RACE & ETHN

ICITY, REGION

ALPopulation by Race & Ethnicity – Metro Atlanta

Distribution of the 0-9 Population by Race/Ethnicity, Metro Atlanta 2010

14

POPU

LATION

– RACE & ETHN

ICITY, REGION

ALDistribution of the 10-29 Population (Millennials) by Race/Ethnicity, Metro Atlanta 2010

Distribution of the 30-44 Population (Generation X) by Race/Ethnicity, Metro Atlanta 2010

15

POPU

LATION

– RACE & ETHN

ICITY, REGION

ALDistribution of the 45-64 Population (Baby Boomers) by Race/Ethnicity, Metro Atlanta 2010

Distribution of the 65+ Population by Race/Ethnicity, Metro Atlanta 2010

16

HOUSING

17

BUILDIN

G PERMITS

Housing Permits for Single Family Construction

18

Atlanta MSA

Fayette Clayton Coweta

# of permits % of ATL MSA # of permits % of ATL MSA # of permits % of ATL MSA

2012 (Jan – Jun) 4447 59 1.33% 23 0.52% 211 4.74%

2011 6291 71 1.12% 85 1.35% 336 5.34%

2010 6384 82 1.28% 143 2.24% 416 6.51%

2009 5421 75 1.38% 85 1.57% 314 5.79%

2008 11989 142 1.18% 403 3.36% 503 4.20%

2007 31089 355 1.14% 1238 3.98% 1120 3.60%

2006 53927 651 1.20% 2217 4.11% 1835 3.40%

2005 61558 906 1.47% 2106 3.42% 2049 3.33%

2004 57316 948 1.65% 2046 3.57% 1792 3.13%

2003 55033 907 1.64% 2519 4.58% 1730 3.14%

2002 50151 915 1.82% 2283 4.55% 1659 3.31%

2001 48423 916 1.89% 2534 5.23% 1657 3.42%

BUILDIN

G PERMITS

Monthly Building Permit

Jan-11

Mar-11

May-11

Jul-11

Sep-11

Nov-11

Jan-12

Mar-12

May-12

Jul-12

Sep-12

0

10

20

30

40

50

60

FayetteClaytonCoweta

19

BUILDIN

G PERMITS

Monthly Building Permit – Average single Family Home Value

Jan-11

Mar-11

May-11

Jul-11

Sep-11

Nov-11

Jan-12

Mar-12

May-12

Jul-12

Sep-12

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

FayetteClaytonCoweta

20

TAXES

21

TAXESFayette County Revenue Sources, 2011

County Revenue Sources

Fayette County Governmental Expenses, by Function, 2011

Fayette County Taxable Property Estimated True Value

20022003

20042005

20062007

20082009

20102011

$0

$2,000,000,000

$4,000,000,000

$6,000,000,000

$8,000,000,000

$10,000,000,000

$12,000,000,000

$14,000,000,000

$16,000,000,000

Privately Owned Public UtilitiesPersonal PropertyReal Property

22

2007 2008 2009 2010 2011$0

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

OtherOther TaxesFeesSPLOSTSales TaxesProperty Taxes

TAXESSales Tax Revenues, 2012

$8,432,967.88

$7,451,163.39

$3,016,486.12

$670,915.39

Peachtree CityFayettevilleFayette CountyTyrone

23

MISC ECO

NO

MIC IN

DICATORS

Fayette County Monthly LOST Collections

Fayette County Household Employment

Fayette County Hotel/Motel Occupancy

Fayette County Initial Unemployment Claims

24

1998

1998

1999

2000

2001

2002

2003

2003

2004

2005

2006

2007

2008

2008

2009

2010

2011

2012

2013

2013

800,000

1,000,000

1,200,000

1,400,000

1,600,000

1,800,000

2,000,000

2,200,000

12-month moving average

1998

1999

2000

2001

2001

2002

2003

2004

2004

2005

2006

2007

2007

2008

2009

2010

2010

2011

2012

2013

2013

12,000

12,500

13,000

13,500

14,000

14,500

15,000

15,500

16,000

16,500

17,000

1998

1998

1999

2000

2001

2002

2003

2003

2004

2005

2006

2007

2008

2008

2009

2010

2011

2012

2013

2013

40,000

42,000

44,000

46,000

48,000

50,000

52,000

54,000

56,000

58,000

1998

1999

2000

2000

2001

2002

2003

2003

2004

2005

2006

2006

2007

2008

2009

2009

2010

2011

2012

2012

2013

50

150

250

350

450

550

EMPLOYMENT

25

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

0

2000

4000

6000

8000

10000

12000 Total Population (in thousands)

Construction

Manufacturing

Wholesale Trade

Retail Trade

Transportation & Warehousing

Information

Finance & Insurance

Real Estate and Rental and Leasing

Professional, Scientific and Technical Services

Management of Com-panies and Enterprises

Administrative and Support and Waste Management

Arts, Entertainment & Recreation

Accomodation & Food Services

Other Services (except Public Admin)

Public Administration

Jobs by Employment Sector, 2000 - 2011

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

0

2000

4000

6000

8000

10000

12000

Total Population (in thousands)

Construction

Manufacturing

Administrative and Support and Waste Management

Arts, Entertainment & Recreation

Declining Jobs by Employment Sectors, 2000 - 2011

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

0

2000

4000

6000

8000

10000

12000Total Population (in thousands)

Wholesale Trade

Retail Trade

Transportation & Warehousing

Information

Finance & Insurance

Real Estate and Rental and Leasing

Professional, Scientific and Technical Services

Management of Com-panies and Enterprises

Accomodation & Food Services

Other Services (except Public Admin)

Public Administration

Growing Jobs by Employment Sector, 2000 - 2011

2009 2010 20110

2000

4000

6000

8000

10000

12000Total Population (in thousands)

Wholesale Trade

Retail Trade

Transportation & Warehousing

Finance & Insurance

Real Estate and Rental and Leasing

Management of Com-panies and Enterprises

Administrative and Support and Waste Management

Accomodation & Food Services

Growing Jobs by Employment Sector, 2009 - 2011

Houston; 13.4%Washington; 9.2%

Nashville; 6.6%Riverside; 6.6%Phoenix; 6.5%

Dallas-Fort Worth; 5.2%Seattle; 2.5%

San Diego; 1.6%Baltimore; 1.5%

Miami; 0.2%Denver; -1.4%Fayette; -1.5%

New York; -1.5%Tampa; -1.7%

Philadelphia; -2.3%Minneapolis; -2.5%

St Louis; -2.6%Atlanta; -2.8%

Chicago; -6.2%Los Angeles; -6.4%

San Francisco; -10.2%Detroit; -17.6%

Employment Change, 2001 - 2011

SO WAIT, WHERE ARE WE AGAIN?

31

FAYETTE COU

NTY CU

RRENT ECO

NO

MIC IN

DEX

32

Jan-9

8

Jan-9

9

Jan-0

0

Jan-0

1

Jan-0

2

Jan-0

3

Jan-0

4

Jan-0

5

Jan-0

6

Jan-0

7

Jan-0

8

Jan-0

9

Jan-1

0

Jan-1

1

Jan-1

2

Jan-1

370

75

80

85

90

95

100

105

110

115

120

Fayette County Current Economic Index(1997 = 100)

12-monthmoving average

1-Month Change: 1.1%3-Month Change: 1.8%12-Month Change: 4.9%

FAYETTE COU

NTY LEADIN

G ECON

OM

IC INDEX

33

Jan-9

8

Jan-9

9

Jan-0

0

Jan-0

1

Jan-0

2

Jan-0

3

Jan-0

4

Jan-0

5

Jan-0

6

Jan-0

7

Jan-0

8

Jan-0

9

Jan-1

0

Jan-1

1

Jan-1

2

Jan-1

385

87

89

91

93

95

97

99

101

103

Fayette County Leading Economic Index(1997 = 100)

12-monthmoving average

1-Month Change: 1.5%3-Month Change: 0.9%12-Month Change: 3.5%

WHERE DO WE GO FROM HERE?

34

FCDA ORGAN

IZATION

BREAKDOW

N

Board of Directors

Administration

Recruitment

Marketing

Retention/Expansion

RECRUITING NEW

INDUSTRY & OFFICE

HELPING EXISTING BUSINESS

AND INDUSTRY EXPAND

Fayettega.org Newsletter

Marketing

Advertisements Prospect Travel

Marketing

Site Selection Building Selection

Project Management

Demographics Existing Industry Data

Research

WHY

DO W

E RECRU

IT BU

SINE

SS?

WHY DO

WE RECRU

IT BUSIN

ESS?• increases the quality of life for

the citizens• allows people to live and work

in the same community• corporations give back to the

community

HOW

DO W

E RECRUIT

Allies & Partners

HOW

DO W

E RECRUIT

Allies & PartnersConsultants & Brokers

HOW

DO W

E RECRUIT

•Allies & Partners•Consultants & Brokers•Direct to Companies•Newsletters•Advertising & Events

WHO

DO W

E RECRUIT

Headquarters

WHO

DO W

E RECRUIT

HeadquartersClean Manufacturing & Assembly

WHO

DO W

E RECRUIT

HeadquartersClean Manufacturing & AssemblyAviation Related Industry

WHO

DO W

E RECRUIT

• Headquarters• Clean Manufacturing & Assembly• Aviation Related Industry• Small Business & Entrepreneurs• Light Warehousing• Medical (growth segment)

ACTIVITY OVER THE LAST 3 YEARS

ACTIVITY OVER THE LAST 3 YEARS

Approximately 20-30 minutes south of Atlanta.

Accessed via Interstates 85 and 75

Approximately 15-20 minutes to Hartsfield-Jackson Atlanta Intl Airport

Fayetteville is county seat, Peachtree City is largest city

Location

2 Amphitheaters with nationally touring acts

Over 100 holes of championship caliber golf

Recreation fields for soccer, football, baseball, lacrosse. 18 court Peachtree City Tennis Center.

Full BMX course

Legacy Theater – professional stage company

Three lakes for recreation activities

“Top 25 Arts Destination”-AmericanStyle Magazine

Numerous open parks & playgrounds

Culture & Rec

40+ c0mpanies from 12 different foreign countries

Europe Gerrescheimer Plastics

(Germany) Hella (Germany) IPN Plastics (Holland) Sigvarus (Switzerland) Megadoor (Sweden) BAE (The UK) St. Gobain/Certainteed

(France) Imeas (Italy)

Asia Panasonic Automotive

(Japan) TDK Components (Japan) Rinnai (Japan) Sany America (China)

Int’l Companies

Atlanta Regional Airport – Peachtree City Falcon Field

Over 20 Aviation related Companies in Fayette County AIM Aircraft Spares (OEM

Mfg) Aircraft Spruce & Specialty

(Parts) Aventure Aviation (Parts

Supplier) Clayton International

(Helicopter Refurbishing) Priority Jet (Aviation Services) Dixie Aerospace (OEM Mfg Gardner Aviation (Aviation

Maintenance) MegaDoor (Air Hanger Doors) NAECO (Aviation Parts Mfg) Plastikos (Fiberglass Mfg) RAS (Metal Forming for Parts) World Airways (Airline HQ)

Aviation

Major location in metro Atlanta for headquarter operations

Highly educated workforce with college degrees

15-20 minute drive to Hartsfield-Jackson Atlanta International Airport (ATL)

High quality of life elements (schools, recreation, shopping, entertainment)

Sample of Existing HQ operations: World Airways (HQ, Operations,

Flight center) Sany America (HQ, R&D, Mfg) Panasonic Automotive (HQ, R&D) Cooper Lighting (HQ, R&D, Logistics) Cooper Wiring Devices (HQ, R&D) NCR (Division HQ) Hoshizaki (HQ, Mfg) MegaDoor (HQ, Mfg) UES (HQ, Mfg) Rinnai (HQ, R&D) IPN USA (HQ, R&D, Mfg) SMC3 (HQ, command center)

Headquarters

60 acre greenfield site, south side of airport. Utilities installed. Ready for development.

Site 1 - Airport

100,000 sf speculatively built industrial building on 12 acres.

Expansion space for an additional 100,000 sf (200,000 sf total)

Site 2 – Peachtree City Spec Building

120,000 sf industrial building built in 1998.

An additional 12 acres adjoins for expansion room of 150,000 sf.

Site 3 – Gardner Denver Building

To learn more about the business opportunities in Fayette County, contact the Fayette County Development Authority. We can help you with:

• Available site and building information• Comprehensive demographic information• Labor statistics• Community tours• Customized state incentive proposals• Groundbreaking ceremony coordination

Matt Forshee, President/CEOmforshee@fayettega.org

PH: 770-461-5253 • FX: 770-460-0259www.fayettega.org

200 Courthouse SquareFayetteville, GA 30214