Julie Engel President/CEO, Greater Yuma Economic Development.
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Transcript of Julie Engel President/CEO, Greater Yuma Economic Development.
Julie EngelPresident/CEO, Greater Yuma Economic
Development
40 Companies Surveyed 77% of all businesses that export are
experiencing sales increases over last year 81% of firms are projecting positive comp
sales for 2012-13 89% of businesses are increasing or
maintaining staffing levels Low Union Presence common thread by
businesses
Company No. of Employees Payroll
NWI Expansion 20 $353,600
Yuma Truck Driving School* 131 $5,240,000
Botavia Energy 4 $96,000
Insultech** 12 $360,000
Datepac*** 6 $156,000
Total 173 $6,205,600
Avg. Wage: $35,870 or
$17.24/hour
*Over 160 drivers were trained and certified in Yuma between 2011-2012 with a 80% retention rate of drivers remaining in the community. ** Insultech plans to increase their workforce by 48 new employees within the next 6 months. *** Arizona Commerce Authority grant assisted with the equipment acquisition to create 6 new jobs.
Company Amount
NWI Expansion N/A
Yuma Truck Driving School N/A
Botavia $336,000
Insultech $650,000
Datepac $60,000
Total $1,046,000
Taxes Amount
Estimated HURF $111,425
Estimated State Shared Revenues $231,026
Estimated Sales Tax Generated $134,310
Estimated Property Tax on Capital Improvements $274,281
Total $751,042
Grant Value of Grant Recipient
Helios Grant $3,900,000 Yuma Union High School
Arizona Commerce Authority - Rural Economic Development Grant
$564,000 Insultech/Datepac
Yuma Private Industry Council $329,581 YPIC
Total Value of Grants $4,793,581
Locates Payroll* $6,205,600
Locates Capital Investment $1,046,000
Estimated Tax Revenue** $751,042
Grant Awards $4,793,581
Total $12,796,223
Sun Corridor Campaign Arizona Commerce Authority California
Strategy Industry Sector Focus – Renewable Energy,
Manufacturing, Food Processing, Logistics and Aerospace
Arizona Commerce Authority Unmanned Aerial Integration
Research Data and Back Office Sector for Yuma County