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Regional Economic Development Entity

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5 hr. to Twin Cities. 5 hr to St. Louis. 5 hr. to Indianapolis. 5 hr. to Des Moines ... 9 Villages / Cities (Brodhead Green & Rock) 20 Towns. Rock County. Labor ... – PowerPoint PPT presentation

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Title: Regional Economic Development Entity


1

Regional Economic Development Professionals
Accelerated Learning SeriesRock County
Presenters James Otterstein, Rock County Pat
Schramm, Workforce Development Board
Accelerated Learning SeriesFollow-up
Presenter Matt Kures, UW-Extension
2
Capital Region
3
Well Connected Centrally Located
Rock County
  • 1 hr. to Global III
  • 1.25 hr. to Milwaukee
  • 1.5 hr. to Chicago
  • 5 hr. to Twin Cities
  • 5 hr to St. Louis
  • 5 hr. to Indianapolis
  • 5 hr. to Des Moines
  • 6.5 hr. to Louisville
  • 6.5 hr. to Detroit

4
Transportation Network
Rock County
  • I-39 / I-90 I-43
  • USH 14 USH 51
  • 7 State Highways
  • 3 Rail Providers UPRR, WSOR IEC
  • Public Transit Systems Inter Intra
  • Southern WI Regional Airport (JVL)

5
Quick Facts
Rock County
  • Population 158,525
  • 9th Largest WI County
  • County Seat - Janesville (62,540)
  • 9 Villages / Cities (Brodhead Green Rock)
  • 20 Towns

6
Labor Market Overview
Rock County
  • Local Labor Force 85,000 /-
  • Regional Labor Force 650,000
  • Unemployment Rates 5.1 /-
  • Labor Force Participation Rates 67.1
  • Ave. Travel Time to Work 20.3 minutes
  • Commuting Patterns 77 live work in Rock Co.
    22 work in other WI counties or cross IL/WI line

7
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8
Rock County
Capital Region Labor Force
9
Rock County
10
Labor Market Overview
Rock County
  • Beloit College (4 YR Liberal Arts)
  • Blackhawk Technical College
  • ? Two Campus Locations
  • ? Logistics Supply Chain Mgt. Certificates
  • University of Wisconsin Rock County
  • ? Local 4-YR Engineering Program
  • 8 K-12 School Districts
  • ? 14.49 Ave. Pupil / Teacher Ratio
  • ? 21.29 Ave. ACT Score

11
Rock County
Industry Share of Economic Base Jobs in Capital
Region
12
Rock County
Industry Share of Economic Base Jobs in Rock
County
13
Industry, Employment, Establishments, Payroll and
Concentrations - Rock County, WI 2005
Source Quarterly Census of Employment and Wages
(ES-202), Bureau of Labor Statistics/WI DWD S
Suppressed data
14
Largest Employers
Rock County
  • Mercy Health System
  • General Motors
  • Janesville School District
  • Rock County
  • Beloit School District
  • Lear Corporation
  • Lab Safety Supply, Inc.
  • Blackhawk Technical College
  • Frito-Lay
  • SSI Technologies
  • Wal-Mart
  • ABC Supply Co.
  • Lemans Corporation
  • Woodmans
  • City of Janesville
  • Beloit College
  • Riverview Clinic
  • Kerry Americas
  • Alcoa Wheels Intl.
  • Fairbanks Morse
  • Prent Corporation
  • Seneca Foods Corp.
  • City of Beloit
  • NothelferGilman
  • Hufcor, Inc.

15
Industry Name Plates
16
Economic Trends
Rock County
  • 5.69 Average Annual Equalized Property Values
    (00-06)
  • ? Residential 71
  • ? Commercial 17.4
  • ? Industrial 3.4
  • Median Sale Price of SF Home - 35 Increase
    (00-06)
  • ? 2006 Ave. Sale Price - 136,257 Median Sale
    Price 128,000
  • ? New SF Home Permits 726 (05-06 average)
  • Commercial Industrial Projects
  • ? 8 Million Commercial SF Constructed (03-06)
  • ? 86.3 M Commercial Value Added (05-07)
  • ? 247 M Industrial Value Added (05-07)

17
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18
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19
2005-2015 Capital Region Industry Supersectors
Top 5
20
2005-2015 Rock County Industry Supersectors Top
5
21
2005-2015 Capital Region Industry Supersectors
22
2005-2015 Rock County Industry Supersectors
23
Business Industrial Parks
Rock County
  • Predominately Publicly Owned
  • ? 25 Parks Countywide 900 /- Total Acres
  • ? 3 Privately Owned
  • ? 3 Public / Private Partnerships
  • EZ I-System Access Visibility
  • ? 10 w/in 1.5 Miles to Interstate I-39 / 90
    I-43
  • TIF Districts Tax Credit Zones
  • Rail / Air Service Access
  • Lot Sizes Range (1-225 Acres)

24
Industrial Building Portfolio
Rock County
  • 30 M SF Countywide Market
  • Mixture of National Local Tenants
  • Increasing Investor v. Company Owned
  • High Absorption, Low Vacancy
  • Local, Regional National BTS Activities
  • ? 400k SF Spec Space (2007-2008)
  • ? Redevelopment Greenfield Projects

25
Regional Partnerships
Rock County
  • Planning Transportation
  • ? MPOs, 208 Water Quality Tech. Committee
  • ? SLATS WI River Rail Transit Commission
  • ? Strategic Plan
  • Housing
  • ? Rock County HOME Consortium
  • Workforce
  • ? SW WDB
  • Economic Development
  • ? Collaboration Council
  • ? Rock Co. Development Alliance I-39 Logistics
    Corridor Association
  • ? Capital Ideas Technology Zone
  • Tourism
  • ? Rock County Tourism Council

26
Follow-up Agriculture
  • Presenter
  • Matt Kures, UW-Extension

27
Agricultural Production Employment in the
Capital Region - 2005
Includes both Farm Proprietors and Hired Farm
Labor
Source Bureau of Economic Analysis and
UW-Extension Center for Community Economic
Development
28
Agricultural Related Employment USDAs Economic
Research Service (ERS) Definitions
  • Closely-Related Industries
  • Agricultural Services
  • Agricultural Input Industries (chemicals, farm
    machinery, commodity dealers, etc.)
  • Agricultural Processing and Marketing (food and
    beverage manufacturing, textiles, leather
    products, food product packaging, agricultural
    warehousing)
  • Farm Production
  • Farm proprietors
  • Wage and salary farm workers
  • Peripherally-related Industries
  • Agricultural Wholesale and Retail Trade (ag.
    product wholesalers, grocery stores, restaurants,
    etc.)
  • Indirect Agribusiness (containers for ag.
    products, miscellaneous textiles, food
    manufacturing machinery)

29
Agricultural Related Employment in Dane County
(41,700 jobs) Using the Economic Research
Service Definitions
In Dane County Farm Production Employment
1.1 Agricultural-Related Employment 11.5
2003 Figures Source USDA ERS,
and UW-Extension Center for Community Economic
Development
30
Capital Regions Agricultural Cluster
Supporting Educational, Research and Development
Organizations
Agricultural Production
Agricultural Processing
Food and Beverage Manufacturing (Animal
Processing Dairy Products, Animal Food, Bakeries,
Beverages, Fruit, Vegetable and Grain,
Processing, etc.)
Grain, Vegetable and Fruit Production
Dairy, Poultry and Livestock Production
Bio-fuels (Ethanol and Bio-Diesel)
Customers (Food Service, Retail, Institutions,
Wholesale, etc.)
31
Farm Proprietors Income and Expenses in the
Capital Region (2005)
Total
Income or Expense Category
1,688,706,000
Cash receipts from marketings
265,458,000
Government and Miscellaneous Income
1,954,164,000
Receipts and Other Income
1,878,495,000
- Total Expenses
75,669,000
Net Income
54,707,000
Inventory Adjustment
130,376,000
Total Farm Income
52,040,000
- Corporate Farm Income
78,338,000
Farm Proprietor Income
16,426
Number of Proprietors
4,769
Average Farm Proprietor Income
Source Bureau of Economic Analysis and
UW-Extension Center for Community Economic
Development
32
Source 2002 Agricultural Census and
UW-Extension Center for Community Economic
Development
33
Source 2002 Agricultural Census and
UW-Extension Center for Community Economic
Development
34
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35
Thank you!
Questions/ Comments James Otterstein Economic
Development Manager Rock County ED
Agency P.608.757.5598 / F. 608.757.5586 otterste_at_c
o.rock.wi.us www.rockcounty.org
  • Upcoming presentations
  • Green, Iowa, and Lafayette Counties,
  • June 14, 200-400pm, location TBA
  • Columbia and Sauk Counties,
  • July 11, 200-330pm, Portage
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