9 months ago

Clarksville- Main File

Huntsville, AL The

Huntsville, AL The Huntsville, AL, peer region is the largest of all the selected peer regions in terms of population and GRP. However, it is second in relation to Clarksville in regards of manufacturing as a percentage of GDP. The percent of the population with a bachelor’s degree is the highest of any of the peer regions at 24.4%, a full 11% higher than Clarksville. When compared to Clarksville, Huntsville has a COLI that is 5.4 points higher, at 100.2. However, it is only two percentage points away from the national average (100.0), meaning the current average earnings in Huntsville are an accurate representation of how much the wages are actually worth in the area. Rochester, MN Of all the peer regions, Rochester, MN, is the most similar to Clarksville. Rochester’s total industry jobs, GRP, and manufacturing as a percentage of GRP are all within a few percentage points of Clarksville. Rochester’s current average industry earnings are almost 13,000 dollars more than Clarksville current average earnings, however, the COLI in Rochester is almost a full ten points higher than in Rochester, 103.8, giving it the highest cost of living of all the peer regions. Rochester has one key advantage on Clarksville, this is the percent of the population with a bachelor degree or higher (24.1%). This is almost a full 11% higher than the percentage of the population with a bachelor’s degree in Clarksville. The Rochester peer region is one Clarksville can find similarities with and look for strategies to help increase the percentage of the population with a bachelor’s degree of higher. CORPORATE INVESTMENT YEAR COMPANY INVESTMENT (MILLIONS $) JOBS NEW OR EXISTING 2012 Bridgestone Metalpha 75.0 52 Existing 2012 Agero 8.2 500 New 2012 Florim USA 60.0 33 Existing 2013 Akebono Brake 82.0 94 Existing 2014 Hankook Tire 820.0 1800 New 2014 Shiloh Industries 20.0 150 New 2015 Akebono Brake 48.0 65 Existing 2015 Google 600.0 70 New 2015 Esquire Wire 1.8 60 Existing 2016 Nam Yang USA 3.0 10 New 2016 Verstraete IML USA 20.0 59 New 2017 LG Electronics 252.0 600 New 74 COMPREHENSIVE LABOR ANALYSIS: CLARKSVILLE-MONTGOMERY COUNTY

RECOMMENDATIONS INCREASE COMMUNICATION AND COLLABORATION Clarksville has an active Area Chamber of Commerce, the Economic Development Council, the Industrial Board, Workforce Essentials, and military transition programs. Together, these provide great regional cooperation and collaboration. Nonetheless, during the focus groups and interviews, companies expressed interest in working more closely with educators. Requesting corporate support for specific programs, events, school activities, and community efforts can draw commitment from the multinational companies with local operations. One model for doing this is the North Louisiana Partnership’s effort in strengthening alignment between industry, education and workforce development. A best practice is to attract industry champions to provide leadership for such groups as well as administrative, technical and advocacy support. Another area for more interaction could be in discussing the vision for the community from a large variety of perspectives. The need for this can be seen in the downtown redevelopment and riverfront development efforts. Both areas (downtown and the riverfront) offer considerable possibilities for development. Intractable disagreements or political wrangling could stall development or alienate the broader community. One strategy to include more people—particularly educators and manufacturers—could be to facilitate more discussions, activities, fundraising, etc., all focused on building excitement and commitment to redeveloping these prime locations in Clarksville. Create a platform where industry can be the leader in partnering with education and government to tackle workforce issues that are inherent to all. An industry-led group to meet on task-oriented issues will not only push workforce to the forefront but will provide long-term benefits to the region. We suggest finding a reputable business leader to be the industry champion and have them spearhead the group and discussion. The group will list workforce issues and see if there are any underlying solutions to provide this new “Workforce Development Task Force.” The group will meet monthly (to keep momentum) until the task is complete. Once completed, if there are no other issues, the group can disband until another issue arises—keeping in mind not to waste the time of industry partners. At this time, the group should be comfortable with each other to be able to reorganize and regain traction when needed. Other efforts that can help improve communication, collaboration, and awareness of what manufacturing has to offer could include: • Reverse career fair • Manufacturing week • Hands-on field trips • Career day: engage students and educate them about the career opportunities within skilled trade industries. Students get the opportunity to talk with local business owners to learn about the many different careers our community has to offer. • Leverage recently retired manufacturers to build relationship with college and industry Recommendations 75

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