Business Facilities - March 2009 - (Page 12)

COVER STORY Deciphering High Tech’s Hype Santa Clara Valley have kept Silicon Valley growing and relevant. AeA (formerly the American Electronics Association) released its Cyberstates report in 2008; California topped the state rankings and Silicon Valley was dubbed the third- largest “cybercity,” or high-tech center, in the United States, preceded by the metro areas of New York City and Washington, D.C. The famed California tech titan offers the most robust high-tech salaries, averaging $144,800 per year, while also boasting the highest ratio of high-tech workers of any metro area—a staggering 286 out of every 1,000 private sector workers. Boasting such formidable numbers makes Silicon Valley the unrivaled headquarters haven for the high-tech industry’s most mammoth corporations, such as Apple, eBay, Google, Hewlett-Packard, Intel, and Yahoo!. “Maintaining the Valley as the preeminent high-tech hub in the state, the country, and the world will depend on a number of variables,” says Deirdre Hanford, chairperson of the AeA board. “These include maximizing the skills of a diverse workforce, improving the quality of our education system, and investing in research and new technologies, such as green technology.” In fact, California’s Silicon Valley faces formidable competition in another holiday hot spot, Florida. Florida Tech Corridor’s 23-county region West Chester, Ohio is known for its excellent development resources. Exciting new retail districts. Attractive neighborhoods. Nationally acclaimed schools. West Chester. Business. First Class. New Arrivals All the Time. MORE LEADING CORPORATIONS More than 3,000 companies chose to locate here, including P&G, United Healthcare, Cintas, GE, GM, IKEA, AK Steel and Amylin Pharmaceuticals. Free technical assistance to relocating and expanding companies funded by West Chester Township and our partner companies: AMYLIN PHARMACEUTICALS CHAPPELL CONSTRUCTION CLARK-THEDERS INSURANCE CORNERSTONE CSG DUKE REALTY FIRST FINANCIAL BANK FIRST INDUSTRIAL REALTY GE AVIATION INDUSTRIAL DEVELOPMENTS INT’L MILLER VALENTINE GROUP NEYER PROPERTIES PIERRE FOODS RREEF AMERICA REIT SCHUMACHER DUGAN CONSTRUCTION WEST CHESTER 75 WEST CHESTER CHAMBER ALLIANCE WETHERINGTON GOLF & COUNTRY CLUB LARGER EMPLOYEE BASE More than 52,000 employees work here, drawing from a labor pool that exceeds 1.7 million within a 30-minute drive time. BIGGER LAND AND BUILDING INVENTORY Superior land and building choices. BETTER ACCESSIBILITY TO THE REGION Access to ﬁve interstate interchanges, unmatched by any other suburban community in Ohio. Have you arrived? West Chester Development West Chester, Ohio 45069 513.755.1999 WestChesterDevelopment.com #2428 at www.BusinessFacilities.com The Florida High Tech Corridor Council’s mission is to attract, retain and grow the high-tech industry and its workforce across a 23-county patch of the Sunshine State’s peninsula. The Tech Corridor partners with educational institutions such as the University of Central Florida, the University of Florida, and the University of South Florida to ensure a marriage of top-rate research and imaginative minds. Other collaborators include 20 local and regional economic development organizations, 14 community colleges, the president of the Florida Institute of Technology, and up to 24 representatives of the high technology industry. Some targeted subsectors of the all-encompassing Florida Tech Corridor include agritechnology, aviation and aerospace, digital media and interactive entertainment, information technology, nanotechnology, optics and photonics, and sustainable energy. The Corridor is home to more than 3,700 IT companies alone, employing more than 33,000 people and generating a total payroll of more than $2 billion. Meanwhile, the thriving aviation and aerospace sector boasts more than 100 companies, employing nearly 20,000 people and a total payroll of $1.17 bil- 12 MARCH 2009 PHOTO CREDIT: FLORIDA TECH CORRIDOR http://www.WestChesterDevelopment.com http://www.WestChesterDevelopment.com http://www.BusinessFacilities.com

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Business Facilities - March 2009 Contents First Word Snapshots Corporate Moves: Tennessee Deciphering High-Tech Hubs Industry Focus: Biotech/Pharmaceuticals The Lone Star State Continues to Burn Brightly Pennsylvania is Holding Its Own Corporate Moves: Florida Metro Spotlight: Findlay, OH Advertiser Index Ask the Expert

Business Facilities - March 2009

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