Friday, April 28, 2017

Moving Solano Forward Final Report

Moving Solano Forward II was a fact-based, market-disciplined and rigorous market analysis which led to strategies tailored to the specific assets and opportunities within Solano County. The work reflects extensive and vigorous economic analysis about the county’s position, the path toward economic growth, and what actions move it further along that path.

Click here to download a copy of the final report and working papers.

Click here to view the video



Thursday, April 27, 2017

2016 Economic Index

The 2016 Economic Index is now available here.

The Solano County Index of Economic and Community Progress is a project launched in 2007 after a series of economic summits identified a need for more fact-based information to guide efforts by the public and private sectors' leadership to expand the long-term viability of the Solano County economy. Through its partnership with the Solano Economic Development Corporation, the County took the lead in developing, gathering and presenting this useful data that is designed to aid local economic development decisions.

This Index shows how successful the community as a whole has moved forward the Solano County economy over the last decade. It also brings to light areas where additional collaborative efforts are needed to sustain a thriving economy that ensures a shared economic prosperity.  Below you will find the different indicators that are being tracked as part of the Index project.  The indicators describe "Our Changing Economy" and "Our Changing Community."  These individual indicators will be updated throughout the year as more current information becomes available.


The first Index identified industry clusters in Solano County that are out performing the Bay Area and the state.  In-depth studies have been accomplished on three of these clusters to understand the underlying principles of why those industry clusters are moving the local economy.  These include the Life Science Cluster, Energy Cluster and Food Chain Cluster.

With this knowledge, the Solano community can understand the synergy that makes the clusters successful, and how to sustain a business climate that allows the cluster to continue thriving and growing.
These documents are the basis for some serious conversations about the future of Solano County. The challenge for every member of the community is to take the action necessary to build upon our strengths and to address our challenges – to move Solano County toward a positive vision of the future.


Vacaville ‘perfectly positioned’ for Bay Area firms looking to relocate


Vacaville ‘perfectly positioned’ for Bay Area firms looking to relocate

By Ryan McCarthy From page A4 | April 27, 2017

VACAVILLE — The city is perfectly positioned to attract companies hit by high costs of living in the Bay Area, the economic development manager for Vacaville was told by chief executive officers for Bay Area firms.

Don Burrus spoke about the CEOs detailing the expenses of the Bay Area and telling him that north of Vacaville is too far for many firms to relocate.

“Vacaville is about the limit,” Burrus said.

He spoke as part of a report Tuesday to the City Council about Vacaville helping to pay for the new Moving Solano Forward effort of the Solano Economic Development Corporation.

The proposed budget the council takes up in May is expected to include details about Vacaville’s share.

Fairfield City Council members meeting March 21 directed the staff to increase the city’s yearly $10,000 payment to $45,000 for the Moving Solano Forward campaign to boost economic development.

Funding from cities for Moving Solano Forward is based on population.

Mayor Len Augustine said Bay Area businesses often jump over the city when looking for new sites and decide on locations in Sacramento County.

Development manager Burrus cited the aggressive business development associations in Sacramento and Silicon Valley and said Solano County needs to tell companies about the benefits of this region.

“Boasting is exactly what we need to do,” he said.

Burrus said of Vacaville that, “We don’t do a very good job of telling our story.”

Reach Ryan McCarthy at 427-6935 or rmccarthy@dailyrepublic.net.

Wednesday, April 26, 2017

Search Profile - Solano EDC President & CEO


 Search Profile - Solano EDC President & CEO
About Solano County

Solano County is the perfect location for companies seeking space to expand and scale their operations while staying close-in to the Bay Area and Sacramento markets and minutes from Napa.

Solano County is located on I-80, the major transportation corridor.  Solano County is known for its manufacturing strength, one of the largest in the north state in advanced manufacturing, food and beverage and bio-tech companies.

With seven incorporated cities, four with waterfront cities, Solano County offers exceptional value to these scaling businesses:

1.     21 business and industrial parks with over 6,700 acres, overs 1,000 Tier 1 shovel ready sites;
2.     2.0 million sq. ft. of available industrial, flex and warehouse space;
3.     One of the strongest manufacturing bases of advanced materials, biotech and food& amp; beverage, $4 billion industry;
4.     1.3 million workers within a 40-mile labor shed;
5.     107,000 out-commuting per day with high occupational quotation in manufacturing and administration;
6.     Employees earn high rating of productivity from manufacturing firms – 4 out of scale of 1-5 with 5 being the highest;
7.     15-20% less operating cost than San Jose or San Francisco- with industrial space up to 40% less operating cost;
8.     Sacramento and Bay Area markets and resources within a 50 mile radius – 1-80 plus 5 other corridors;
9.     Affordable diverse lifestyles – housing cost average 50% less than Bay Area;
10.  A team of professionals to assist a business with a speedy location and access to key resources for a smooth transition.

About Solano Economic Development Corporation

The Solano Economic Development Corporation (EDC) is a public-private, nonprofit, dedicated to the economic growth of Solano County – scaling local traded sector industries, attracting new jobs and investment and maintaining competitive advantages for both existing and new businesses.
Working alongside private and public sector partners, the EDC provides confidential location assistance to new businesses seeking to locate in Solano County. Pulling from the large and diverse portfolio of buildings and sites throughout the county, the EDC will prepare a comprehensive package of space opportunities, workforce and other resources that will assist the business in their decision process. The EDC will connect businesses with key contacts at cities to facilitate location and permitting, workforce development and education, financing, as well as local, state and federal incentive programs, such as energy savings.
The Solano EDC with leading businesses, County of Solano, Cities of Benicia, Dixon, Fairfield, Rio Vista, Suisun City, Vacaville, Vallejo, Travis Air Force Base, education, community organizations and foundations, all are working together to foster, support and drive positive change and economic growth. 
During 2016, the Solano EDC guided the development of a countywide economic development planning effort, Moving Solano Forward II, www.movingsolanoforwardii.com. That body of work has resulted in the development of many tools and a roadmap for implementation of four interlinking initiatives, which are described more fully below:
Marketing and Business Attraction;
Business Retention;
Maintaining Competitiveness; and
Creating a Resource Hub. 
Moving Solano Forward II and those involved, have set a clear path to transform the EDC, grow key sectors that drive the $19.65 billion local economy and address industry challenges, such as workforce.  There are well-defined outcomes for short-and long-term impact and metrics that can measure and demonstrate real-time progress.

Strategic Areas of Focus

Marketing and Business Attraction:  Increase lead generation by creating and launching a unified business attraction campaign focused on key industry targets. 

Business Retention:  Coordinate Business Retention efforts through the Economic Development Task Force, host program software and marketing Solano Business First! as a key message and program in Solano County, and support key Solano industry groups.  

Competitiveness:  Work on products, assets, policies and tools that will ensure Solano County maintains its’ Competitive Advantage.

Resource Hub:  Maintain a resource hub that includes a virtual one-stop clearinghouse where businesses can access data, research, industry reports, economic indicators and link to local resources and assistance (website).

 The Position

General
This is a highly visible position which calls for a strong and dynamic spokesperson with a high level of confidence, who can address various constituencies at all levels in a thoughtful and genuine manner.  He/she will be a motivator, team leader and builder, who can provide a forum where the public and private sector can complement each other and create synergistic opportunities.  The successful candidate will embrace a collaborative approach with the Executive Committee of the Board of Directors, the Board of Directors and staff to foster open and honest communication.
This is an extremely hands-on role, requiring an experienced executive who enjoys working alongside staff and leading from the front, building relationships with businesses and municipalities, and building a high-performance organization that is collaborative and partners with complementary organizations. 

Communication
The CEO will be responsible for communicating to a wide range of constituents including the Board of Directors, public, business leaders and employees.  The CEO must be a proficient writer and a capable speaker. He/she must be at ease presenting information to all levels and must be able to communicate ideas, principles, and strategies in a clear and concise manner.
Leadership
The requisite characteristics of an effective leader at the Solano EDC include the following:
§  Ability to develop long and short-range strategic plans to promote the vision and mission.
§  Demonstrated experience in designing and implementing local, regional, and national marketing campaigns.
§  Understanding of the defined industry sectors including trends, risks and opportunities. 
§  Capability to excite and unite the diverse membership and to promote Solano County and its industries.  The CEO must be a listener and a thoughtful participant in discussions that concern the members and the County as a whole.
§  Passion to lead discussion about important local and regional issues.
§  Initiative to drive strong operating results and determination to manage the EDC to achieve a positive bottom line.
Primary Duties:

§  Implement and manage the economic development program and initiatives as outlined in the Moving Solano Forward II Roadmap.  Strategic Areas of Focus listed above.
§  Ensure there is a continual focus on maintaining the presence of the County’s single largest industry-Travis Air Force Base.
§  Responsible for the overall management of the EDC, including regulatory and legal compliance as well as financial and operational success of the organization. 
§  Responsible for planning, managing, directing, overseeing, and coordinating the activities of the organization and its programs.
§  Responsible for managing and reporting on all contracts and/or memorandum of understandings with public and private organizations.
§  Manage, with the Board of Directors, an investor funding strategy.
§  Implement business attraction initiatives that will result in leads and locations, jobs and investments, particularly in the trade sectors of Food/Beverage, Advanced Materials and BioTech/BioMedical.
§  Manage the Solano County Economic Development brand.
§  Perform a variety of complex professional functions related to the coordination, implementation, and monitoring of Business Development and EDC programs and special projects.
§  Manage communications, including Website and social media.
§  Perform and/or direct economic and other studies, needs assessments, research, financial analysis, as well as negotiation and preparation of contracts.
§  Present and translate technical economic reports and analyses.
§  Develop and manage organizational budget.
§  Work effectively with various groups, including high-level individuals.
§  Coordinate constituent relations and community outreach functions.
Behavioral Competencies
Drive for Results
§  Accountability to do what is appropriate for the long-term best interests of all stakeholders.
§  Determination to set and pursue aggressive goals.
§  Focus to apply energy on achieving short and long-term results.
§  Desire to inspire stakeholders at all levels to achieve outstanding collaboration that produces measurable positive outcomes through others.
§  Social and communication skills to build consensus internally, relate constructively with public and private partners and other industry leaders. Ability to act decisively and unilaterally.  (Needs to possess the judgment to know when to employ which method.)
Championing Change
§  Initiative to identify new opportunities and champion new initiatives.
§  Ability to be innovative, adaptable and solutions-oriented.
§  Capacity to manage change. (Adapts personal strategies and methods to achieve change.)
§  Ability to motivate, inspire and unite diverse groups at all levels.

Personal Characteristics
He/she will demonstrate diplomacy and excellent judgment, with the ability to operate effectively across the organization.  Additionally, the desirable candidate should possess the following personal characteristics:
§  Passionate about doing the right and ethical things in the right and ethical ways
§  Balanced ego
§  Respectful and fair
§  Polished and comfortable in all environments
§  Strong interpersonal skills; can easily connect with a variety of audiences
§  Smart, articulate and comfortable responding on his/her feet
§  Listens well, synthesizes information and effectively engages in dialogues
§  Flexible in a changing environment
§  Membership-focused
§  Pragmatic approach to conducting business
§  Comfortable traveling extensively
§  Ability to empower employees by delegating authority and accountability
§  Effectively manage multiple projects
Knowledge of:

§  Ability to use computerized databases for project management; proficiency with Microsoft Word, Excel, PowerPoint and LinkedIn 
§  Skilled in marketing, site selection analysis, incentives and deal structuring
§  Understanding of California and local incentive programs
§  Knowledge, skills and experience in supervising and managing personnel
§  Thorough understanding of economic principles
Experience:

§  The ideal candidate will possess at minimum, five years of increasingly responsible economic development related experience and a Bachelor’s degree in a relevant discipline.  Advanced degree is desirable. International/Foreign Direct Investment experience is valuable. Proven track record of successful recruitment, and conversion of project locations, and expansion of existing firms.
For more information about this exciting opportunity and Solano Economic Development Corporation, qualified candidates should send a cover letter and resume to Louise Walker, Chair of Solano EDC, lwalker@thatsmybank.com

Tuesday, April 25, 2017

Lower unemployment rate reflects increase of 800 local jobs


Lower unemployment rate reflects increase of 800 local jobs

By Todd R. Hansen From page A1 | April 22, 2017

FAIRFIELD — The unemployment rate in Solano County dipped slightly to 5.2 percent in March, pushed by Leisure & Hospitality and the Trade, Transportation and Utility sectors.

Leisure & Hospitality added 500 jobs from February. Trade, Transportation and Utility added 300. There were 800 more local jobs reported across all sectors, according to the Labor Market Information Division of the state Employment Development Department.

The Solano jobless rate in February was 5.3 percent, the EDD reported.

The state unemployment rate for March was reported at 5.1 percent, down from 5.2. The national rate was 4.6 percent, down from 4.9, the EDD reported.

One area of concern, the report shows, is a decline of 200 jobs in construction, which is also one of the few employment sectors which is also lower than it was last year at the same time.

The construction sector reported 9,800 jobs in March, down from 10,000 in February and down from 9,900 in March 2016, the EDD reported.

In all, there were 207,600 eligible residents in the workforce, with 196,800 employed and 10,900 unemployed, the EDD reported. The number of unemployed reflects only 200 fewer than the number seeking unemployment benefits in February. The workforce number is 600 higher.

The retail trades gained 200 jobs in March, while Business and Professional Services lost 200 jobs. The rest of the finance sector stayed fairly consistent, while the Private Education and Health Care sector added 100 jobs – all in the health fields, the EDD reported.

The number of local, state and federal government jobs remained the same as February, 25,900, but are up 500 jobs since the same time in 2016, the EDD reported. That includes public schools.

Benicia continues to have the lowest jobless rate for Solano cities, coming in a 3.3 percent in March, the same as February. Rio Vista continues to have the highest unemployment rate at 10.5 percent, down from 10.7 percent a month earlier, the EDD reported.

Vallejo had a jobless rate of 7.1 percent, down from 7.3, followed by Fairfield at 4.7 percent, down from 4.8, then Suisun City at 4.5 percent, down from 4.7. Dixon was at 4.5 percent, down from 4.6, and Vacaville was at 4.2 percent, down from 4.3, the EDD reported.

The highest unemployment rate for any county in California was experienced in Colusa County at 21.8 percent, but a full percentage point lower than February’s mark of 22.8 percent. The next closest is Imperial County at 19.4 percent, up from 18.4 percent, the EDD reported.

The lowest rate is found in San Mateo at 2.7 percent. Marin and San Francisco counties reported 3 percent jobless rates.

Five other counties, three in the Bay Area – Santa Clara (3.4 percent), Alameda (3.9 percent), Sonoma (3.6 percent) – were below 4 percent, the EDD reported. Orange (3.7 percent) and San Luis Obispo (3.8 percent) were the other two.

Reach Todd R. Hansen at 427-6932 or thansen@dailyrepublic.net.

Solano County’s economic index shows increase in standards of living

By Melissa Murphy, The Reporter, Vacaville
Posted: 04/22/17, 2:14 PM PDT                                 

The Solano County 2016 Index of Economic and Community Progress is available for review. The full document is available online at www.solanocounty.com/economicindex.

Prepared by Robert Eyler, a principal at Economic Forensics and Analytics, along with the Solano Economic Development Corporation and the County Administrator’s office, the 2016 Index highlights Solano County’s continued economic growth since 2011 and expanding economic base.

The 2016 Index, according to county staff in a report to the Solano County Board of Supervisors, shows that personal income and gross domestic product per capita continue an upward trend while median household income decreased slightly.

“Taken as a whole, indications point to a year of increased standards of living,” staff said.

Key highlights of the 2016 Index:

• Solano County expanded with 3,700 new jobs in 2016, a growth of 2.8 percent.

• Solano County’s seasonally-adjusted unemployment rate is at 5.1 percent.

• Wages in Solano County remain competitive versus counties in the core Bay Area where rages are rising quickly due to minimum wage ordinances and market forces.

• Housing prices increased 15.3 percent in 2016 and housing affordability increased slightly, a sign of income growth to come in 2017.

The Solano County Board of Supervisors meets at 1 p.m. in the County Government Center, 675 Texas St., Fairfield.

Thursday, April 20, 2017

Search Profile - Solano EDC President & CEO


 Search Profile - Solano EDC President & CEO
About Solano County

Solano County is the perfect location for companies seeking space to expand and scale their operations while staying close-in to the Bay Area and Sacramento markets and minutes from Napa.

Solano County is located on I-80, the major transportation corridor.  Solano County is known for its manufacturing strength, one of the largest in the north state in advanced manufacturing, food and beverage and bio-tech companies.

With seven incorporated cities, four with waterfront cities, Solano County offers exceptional value to these scaling businesses:

1.     21 business and industrial parks with over 6,700 acres, overs 1,000 Tier 1 shovel ready sites;
2.     2.0 million sq. ft. of available industrial, flex and warehouse space;
3.     One of the strongest manufacturing bases of advanced materials, biotech and food & beverage, $4 billion industry;
4.     1.3 million workers within a 40-mile labor shed;
5.     107,000 out-commuting per day with high occupational quotation in manufacturing and administration;
6.     Employees earn high rating of productivity from manufacturing firms – 4 out of scale of 1-5 with 5 being the highest;
7.     15-20% less operating cost than San Jose or San Francisco- with industrial space up to 40% less operating cost;
8.     Sacramento and Bay Area markets and resources within a 50 mile radius – 1-80 plus 5 other corridors;
9.     Affordable diverse lifestyles – housing cost average 50% less than Bay Area;
10.  A team of professionals to assist a business with a speedy location and access to key resources for a smooth transition.

About Solano Economic Development Corporation

The Solano Economic Development Corporation (EDC) is a public-private, nonprofit, dedicated to the economic growth of Solano County – scaling local traded sector industries, attracting new jobs and investment and maintaining competitive advantages for both existing and new businesses.
Working alongside private and public sector partners, the EDC provides confidential location assistance to new businesses seeking to locate in Solano County. Pulling from the large and diverse portfolio of buildings and sites throughout the county, the EDC will prepare a comprehensive package of space opportunities, workforce and other resources that will assist the business in their decision process. The EDC will connect businesses with key contacts at cities to facilitate location and permitting, workforce development and education, financing, as well as local, state and federal incentive programs, such as energy savings.
The Solano EDC with leading businesses, County of Solano, Cities of Benicia, Dixon, Fairfield, Rio Vista, Suisun City, Vacaville, Vallejo, Travis Air Force Base, education, community organizations and foundations, all are working together to foster, support and drive positive change and economic growth. 
During 2016, the Solano EDC guided the development of a countywide economic development planning effort, Moving Solano Forward II, www.movingsolanoforwardii.com. That body of work has resulted in the development of many tools and a roadmap for implementation of four interlinking initiatives, which are described more fully below:
Marketing and Business Attraction;
Business Retention;
Maintaining Competitiveness; and
Creating a Resource Hub. 
Moving Solano Forward II and those involved, have set a clear path to transform the EDC, grow key sectors that drive the $19.65 billion local economy and address industry challenges, such as workforce.  There are well-defined outcomes for short-and long-term impact and metrics that can measure and demonstrate real-time progress.

Strategic Areas of Focus

Marketing and Business Attraction:  Increase lead generation by creating and launching a unified business attraction campaign focused on key industry targets. 

Business Retention:  Coordinate Business Retention efforts through the Economic Development Task Force, host program software and marketing Solano Business First! as a key message and program in Solano County, and support key Solano industry groups.  

Competitiveness:  Work on products, assets, policies and tools that will ensure Solano County maintains its’ Competitive Advantage.

Resource Hub:  Maintain a resource hub that includes a virtual one-stop clearinghouse where businesses can access data, research, industry reports, economic indicators and link to local resources and assistance (website).

 The Position

General
This is a highly visible position which calls for a strong and dynamic spokesperson with a high level of confidence, who can address various constituencies at all levels in a thoughtful and genuine manner.  He/she will be a motivator, team leader and builder, who can provide a forum where the public and private sector can complement each other and create synergistic opportunities.  The successful candidate will embrace a collaborative approach with the Executive Committee of the Board of Directors, the Board of Directors and staff to foster open and honest communication.
This is an extremely hands-on role, requiring an experienced executive who enjoys working alongside staff and leading from the front, building relationships with businesses and municipalities, and building a high-performance organization that is collaborative and partners with complementary organizations. 

Communication
The CEO will be responsible for communicating to a wide range of constituents including the Board of Directors, public, business leaders and employees.  The CEO must be a proficient writer and a capable speaker. He/she must be at ease presenting information to all levels and must be able to communicate ideas, principles, and strategies in a clear and concise manner.
Leadership
The requisite characteristics of an effective leader at the Solano EDC include the following:
§  Ability to develop long and short-range strategic plans to promote the vision and mission.
§  Demonstrated experience in designing and implementing local, regional, and national marketing campaigns.
§  Understanding of the defined industry sectors including trends, risks and opportunities. 
§  Capability to excite and unite the diverse membership and to promote Solano County and its industries.  The CEO must be a listener and a thoughtful participant in discussions that concern the members and the County as a whole.
§  Passion to lead discussion about important local and regional issues.
§  Initiative to drive strong operating results and determination to manage the EDC to achieve a positive bottom line.
Primary Duties:

§  Implement and manage the economic development program and initiatives as outlined in the Moving Solano Forward II Roadmap.  Strategic Areas of Focus listed above.
§  Ensure there is a continual focus on maintaining the presence of the County’s single largest industry-Travis Air Force Base.
§  Responsible for the overall management of the EDC, including regulatory and legal compliance as well as financial and operational success of the organization. 
§  Responsible for planning, managing, directing, overseeing, and coordinating the activities of the organization and its programs.
§  Responsible for managing and reporting on all contracts and/or memorandum of understandings with public and private organizations.
§  Manage, with the Board of Directors, an investor funding strategy.
§  Implement business attraction initiatives that will result in leads and locations, jobs and investments, particularly in the trade sectors of Food/Beverage, Advanced Materials and BioTech/BioMedical.
§  Manage the Solano County Economic Development brand.
§  Perform a variety of complex professional functions related to the coordination, implementation, and monitoring of Business Development and EDC programs and special projects.
§  Manage communications, including Website and social media.
§  Perform and/or direct economic and other studies, needs assessments, research, financial analysis, as well as negotiation and preparation of contracts.
§  Present and translate technical economic reports and analyses.
§  Develop and manage organizational budget.
§  Work effectively with various groups, including high-level individuals.
§  Coordinate constituent relations and community outreach functions.
Behavioral Competencies
Drive for Results
§  Accountability to do what is appropriate for the long-term best interests of all stakeholders.
§  Determination to set and pursue aggressive goals.
§  Focus to apply energy on achieving short and long-term results.
§  Desire to inspire stakeholders at all levels to achieve outstanding collaboration that produces measurable positive outcomes through others.
§  Social and communication skills to build consensus internally, relate constructively with public and private partners and other industry leaders. Ability to act decisively and unilaterally.  (Needs to possess the judgment to know when to employ which method.)
Championing Change
§  Initiative to identify new opportunities and champion new initiatives.
§  Ability to be innovative, adaptable and solutions-oriented.
§  Capacity to manage change. (Adapts personal strategies and methods to achieve change.)
§  Ability to motivate, inspire and unite diverse groups at all levels.

Personal Characteristics
He/she will demonstrate diplomacy and excellent judgment, with the ability to operate effectively across the organization.  Additionally, the desirable candidate should possess the following personal characteristics:
§  Passionate about doing the right and ethical things in the right and ethical ways
§  Balanced ego
§  Respectful and fair
§  Polished and comfortable in all environments
§  Strong interpersonal skills; can easily connect with a variety of audiences
§  Smart, articulate and comfortable responding on his/her feet
§  Listens well, synthesizes information and effectively engages in dialogues
§  Flexible in a changing environment
§  Membership-focused
§  Pragmatic approach to conducting business
§  Comfortable traveling extensively
§  Ability to empower employees by delegating authority and accountability
§  Effectively manage multiple projects
Knowledge of:

§  Ability to use computerized databases for project management; proficiency with Microsoft Word, Excel, PowerPoint and LinkedIn 
§  Skilled in marketing, site selection analysis, incentives and deal structuring
§  Understanding of California and local incentive programs
§  Knowledge, skills and experience in supervising and managing personnel
§  Thorough understanding of economic principles
Experience:

§  The ideal candidate will possess at minimum, five years of increasingly responsible economic development related experience and a Bachelor’s degree in a relevant discipline.  Advanced degree is desirable. International/Foreign Direct Investment experience is valuable. Proven track record of successful recruitment, and conversion of project locations, and expansion of existing firms.
For more information about this exciting opportunity and Solano Economic Development Corporation, qualified candidates should send a cover letter and resume to Louise Walker, Chair of Solano EDC, lwalker@thatsmybank.com