Developed by: Leigh Howe, Partner Courtney Ross, Associate Applied Marketing Sciences Roanoke/ DC Mission Northern Kentucky Tri-ED December 21, 2007 Roanoke/ DC Mission OVERVIEW The Northern Kentucky Tri-ED and the PDQ team will target the “best bet” companies in Roanoke, Virginia and the Washington, DC region for expansion and relocation opportunities that bring new business and jobs to the Northern Kentucky area. The mission is planned for February, 2008 and the target list of companies will consist of previous leads uncovered through the PDQ program as well as new leads based on the Focused Objectives Profile. IDEAL COMPANY PROSPECT The North Kentucky Tri-ED would like to meet face to face with companies within their target industries (listed below) that are located in or around Roanoke, Virginia as well as the Baltimore/ Washington, DC metros. Target Industries: Advanced Manufacturing – including industrial machinery and equipment; process automation and controls; advanced materials/polymers; surgical and medical equipment; and medical and pharmaceutical products. Professional Office – including corporate headquarters; regional sales, technical, and support operations; large shared services; and back office support facilities. Technology – including informatics; data analytics; healthcare information; risk assessment; telecommunications equipment and services; software and hardware development; education courseware; environmental services; and bio-informatics. With added emphasis on RFID, Auto identification, wireless sensor applications, gaming software, and other emerging NKU Technologies. Automotive Suppliers- specifically, Honda & Toyota Japanese suppliers (US Headquarters). Geographic Scope: Roanoke, Virginia area (to include: Roanoke, Botetourt, Franklin and Craig counties) Baltimore- Washington Metros TARGET ESTIMATES AND RECOMMENDATIONS More in-depth details for each industry target including the industry definition and specific research filters are included in the following sections. However, below is a quick view of the target universe for each industry. The following sections will provide an understanding of each industry and how these estimates were generated. The estimates below are for new leads: TARGET INDUSTRY TARGET UNIVERSE Advanced Manufacturing Professional Office Technology Automotive Suppliers TOTAL 41 324 353 3 721 REGIONAL DISTRIBUTION OF TARGETS WITH GROWTH/EVENTS Roanoke, VA area Baltimore- Washington Metro 11 710 Previous PDQ leads for Northern Kentucky TRI-ED were also considered and analyzed for this mission. There were no previous leads uncovered for the Roanoke, Virginia region. There were 67 companies in the Baltimore- Washington Metros and below is the breakdown: TARGET INDUSTRY TARGET UNIVERSE Advanced Manufacturing Professional Office Technology Automotive Suppliers TOTAL 12 10 44 1 67 INDUSTRY TARGET: ADVANCED MANUFACTURING The category will cover companies engaged in advanced manufacturing. This is a broad category covering industrial machinery, medical instruments, polymers, and more. The following Standard Industrial Classification (SIC) Codes and North American Industrial Classification System (NAICS) Codes will be used to identify advanced technology companies in this target along with key word searching of business descriptions. SIC CODE 2087 2821 283 308 35 37 38 NAICS CODE 31193 325211 325411 325412 325413 325414 3261 333 336 3391 3345 DESCRIPTION Flavoring extracts and syrups Plastics Materials and Synthetic Resins Pharmaceuticals and Biologicals Plastics Products Industrial Machinery and Equipment Transportation Equipment Measuring, Controlling and Analyzing Instruments DESCRIPTION Flavoring Syrup and Concentrate Manufacturing Plastics Material and Resin Manufacturing Medicinal and Botanical Manufacturing Pharmaceutical Preparation Manufacturing In-Vitro Diagnostic Substance Manufacturing Biological Product (except Diagnostic) Manufacturing Plastics Product Manufacturing Transportation Equipment Manufacturing Transportation Equipment Manufacturing Medical Equipment and Supplies Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Research Filters: This industry will be narrowed further to the best targets using event filters listed below. Sales $15M minimum Employment: 50 minimum Geographic Scope: Roanoke Metro and Baltimore- Washington Metros Growth: 10% in sales or employment (over two years) Events: Predictive events such as executive change, merger/ acquisition, new market development, new products/services, new contracts, initial public offerings, and raising of funds. ADVANCED MANUFACTURING UNIVERSE Target Universe ($15M+ sales and 50+ employees) 103 With Growth and/or Events 41 REGIONAL DISTRIBUTION OF TARGETS WITH GROWTH/EVENTS Roanoke Metro Baltimore- Washington Metros 1 40 INDUSTRY TARGET: PROFESSIONAL OFFICE The category will cover companies engaged in professional office operations, including high value sales, technical, and back office support. The following Standard Industrial Classification (SIC) Codes and North American Industrial Classification System (NAICS) Codes will be used to identify companies in this target along with key word searching of business descriptions. SIC CODE 6021 61 62 67 7374 7375 7389 8099 8732 8741 8742 DESCRIPTION National Commercial Banking Financing and Lending Security and Commodity Brokers, Dealers and Services Holding and Other Investment Offices Computer and Data Processing Information retrieval service Business Services Health and Allied Services Commercial Economic, Sociological, and Educational Research Management Services Management Consulting Services NAICS CODE DESCRIPTION 52211 522 523 Commercial Banking Credit Intermediation and Related Activities Securities, Commodity Contracts and Other Financial 525 514 54133 5416 54199 56142 561422 561499 56111 514191 Funds, Trusts, and Other Financial Vehicles Information Services and Data Processing Services Engineering Services Management. Scientific, and Technical Consulting Services All Other Professional, Scientific and Technical Services Telephone Call Centers Telemarketing Bureaus All Other Business Support Services Office Administrative Services On-Line Information Services Research Filters: This industry will be narrowed further to the best targets using event filters listed below. Sales $10M minimum Employment: 50 minimum Geographic Scope: Roanoke Metro and Baltimore- Washington Metros Growth: 10% in sales or employment (over two years) Events: Predictive events such as executive change, merger/ acquisition, new market development, new products/services, new contracts, initial public offerings, and raising of funds. PROFESSIONAL OFFICE UNIVERSE Target Universe ($10M+ sales and 50+ employees) 648 With Growth and/or Events 324 REGIONAL DISTRIBUTION OF TARGETS WITH GROWTH/EVENTS Roanoke Metro Baltimore- Washington Metros 6 318 INDUSTRY TARGET: TECHNOLOGY The category will cover companies engaged in informatics, data analytics, risk assessment, telecommunications, software and hardware development, environmental services and bio-informatics. Companies that are technologically focused with substantial R&D activities will be considered high priority. The following Standard Industrial Classification (SIC) Codes and North American Industrial Classification System (NAICS) Codes will be used to identify companies in this target along with key word searching of business descriptions. SIC CODE 357 366 48 737 8711 8731 8734 Computer Hardware and Peripherals Communication Equipment and Devices Communications Services Computer Programming and Software Engineering Services Commercial Physical and Biological Research Testing Laboratories NAICS CODE 3341 3342 5133 5415 54133 5417 DESCRIPTION DESCRIPTION Computer and Peripheral Equipment Manufacturing Communications Equipment Manufacturing Telecommunications Computer Systems Design and Related Services Engineering Services Scientific Research and Development Services Research Filters: This industry will be narrowed further to the best targets using event filters listed below. Sales $10M minimum Employment: 50 minimum Geographic Scope: Roanoke Metro and Baltimore- Washington Metros Growth: 10% in sales or employment (over two years) Events: Predictive events such as executive change, merger/ acquisition, new market development, new products/services, new contracts, initial public offerings, and raising of funds. TECHNOLOGY UNIVERSE Target Universe ($10M+ sales and 50+ employees) 724 With Growth and/or Events 353 REGIONAL DISTRIBUTION OF TARGETS WITH GROWTH/EVENTS Roanoke Metro Baltimore- Washington Metros 3 350 INDUSTRY TARGET: AUTOMOTIVE SUPPLIERS The category will cover companies classified as automotive suppliers. The following Standard Industrial Classification (SIC) Codes and North American Industrial Classification System (NAICS) Codes will be used to identify companies in this target along with key word searching of business descriptions. SIC CODE 3465 3592 3647 3694 3714 NAICS CODE 3261 326199 3361 3362 3363 3369 DESCRIPTION Automotive stampings Carburetors, pistons, rings & valves Vehicular lighting equipment Engine electrical equipment Motor vehicle parts and accessories DESCRIPTION Plastic product manufacturing All other plastic product manufacturing Motor vehicle manufacturing Motor vehicle body and trailer manufacturing Motor vehicle parts and manufacturing Other transportation equipment manufacturing Research Filters: This industry will be narrowed further to the best targets using event filters listed below. Sales $10M minimum Employment: 100 minimum Geographic Scope: Roanoke Metro and Baltimore- Washington Metros Growth: 10% in sales or employment (over two years) Events: Predictive events such as executive change, merger/ acquisition, new market development, new products/services, new contracts, initial public offerings, and raising of funds. AUTOMOTIVE SUPPLIERS UNIVERSE Target Universe ($10M+ sales and 100+ employees) 18 With Growth and/or Events 3 REGIONAL DISTRIBUTION OF TARGETS WITH GROWTH/EVENTS Roanoke Metro Baltimore- Washington Metros 1 2