SAEDF Impact Report 2012

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“While San Antonio experienced the creation of new jobs in the horizon sectors including Healthcare/Bioscience, New Energy and Information Technology and Information Security, a resurgence in the manufacturing industry was also evident with the addition of more than 1,200 jobs, contributing to the year’s $1 billion economic impact.” - Henry Cisneros, SAEDF Chairman

The Economic Impact of the
Located Companies in 2012

San Antonio Economic Development Foundation
Businesses Attracted or with Expanded Jobs
Maruchan, Inc. VMC / Volt Boeing Southwest Airlines (SWA) Centene BD United Healthcare Platinum Energy Bergstrom Industries NBTY Mobius Partners Vanguard Health OCI Humana National University College Taco Cabana T. Baker Smith Lulu’s Dessert Aspen Beverage Group Sigma Solutions Xenex Healthcare Services CyrusOne U.S. Silica Holdings, Inc./BNSF CGI Grande Communications Total Direct Jobs
For additional information about the San Antonio Economic Development Foundation, please call (210) 226-1394 or visit us online www.sanantonioedf.com

The San Antonio Economic Development Foundation (SAEDF) is a non-profit organization that assists business and industry relocating or expanding into the San Antonio area. In 2012, the SAEDF had a productive

Manufacturing of Food Products Information Technology Support Services Aerospace Manufacturing Information Technology Support Services Information Technology and Health Care Information Technology Support Services Information Technology Support Services Oil and Gas Services New Energy and Manfacturing Healthcare and Manufacturing Information Technology Support Services Information Technology and Health Care New Energy Headquarters Information Technology Support Services Information Technology Support Services Business Services/HQ Oil and Gas Industry Manufacturing of Food Products Manufacturing of Food Products Information Technology Data Center Healthcare Headquarters Information Technology Data Center Oil and Gas Services Information Technology Support Services Information Technology Data Center

600 600 400 322 289 250 250 200 140 100 90 85 80 75 40 30 30 20 20 20 15 15 10 9 5 3,695

year creating 3,695 jobs from 25 companies. As a reference, the Texas Workforce Commission reports that the San Antonio area economy had a net increase of 22,000 nonfarm jobs in 2012. Additions of several national operations and data centers underline San Antonio’s emerging strength as a national support hub. Other firms are diversified across a variety of several industries, including oil and gas firms that continue to relocate to provide services to the Eagle Ford Shale. Business spending ultimately spreads to all industries when indirect supplier spending and induced consumer spending are taken into account. The pie chart on the next page shows how 3,695 new jobs translates into a total of 7,053 jobs in diversified sectors when multiplier effects are taken into account.

The San Antonio Economic Development Foundation is fulfilling its purpose to grow and diversify the San Antonio economy by recruiting new industry and the major investments and job creation that comes with it. The $1 billion in annual outputs and $693 million from capital investments represents a substantial return on investment for member’s support of the Economic Development Foundation.

Direct operations expenses of $618.2 million by these new and expanding firms translates into secondary spending by suppliers and employees. These indirect and induced effects, along with estimated employment, payroll, personal income, sales, and tax revenues, are calculated by IMPLAN based on Texas benchmark data provided primarily by the U.S. Department of Commerce. Forecasts for the first year of full operations for these 25 firms translates into $1.0 billion in total economic impact and 7,053 total jobs. Subsequent years impacts are subject to industry trends, but future years of operations will likely exceed this annual impact. Capital investments represent new constructions and improvements in plant and equipment for one year. The $397 million in capital outlays translates into $693 million in economic impact and 6,299 jobs, mostly in the construction industry.

Annual Impacts of Business Operations
Direct Output in millions of dollars Employment Payroll in millions of dollars $618 3,695 $127 Indirect $259 1,923 $75 Induced $175 1,435 $47 $37 $18 Total $1,052 7,053 $250

Retail sales in millions of dollars:
To exemplify how secondary effects of new industry benefit the economy, we estimated the income effects on home and vehicle sales over five years. Increased sales due to these 2012 industry locations are estimated to be an additional 499 homes and 2,273 vehicles the first year, plus 229 homes and 1,040 cars per year in the near future. After five years of operations, estimated sales of 1,413 homes and 6,434 cars/trucks are expected. All calculations are based on the assumption that all companies reach their projected operating capacity by 2012.

Additions to public revenues in millions of dollars:

Annual Impacts from Capital Expenditures
Direct Output in millions of dollars Employment Payroll in millions of dollars $397 3,968 $135 Indirect $91 644 $25 Induced $205 1,688 $55 $23 $10 Total $693 6,299 $215

Retail sales in millions of dollars: Additions to public revenues in millions of dollars:

Examples of Long Term Secondary Effects
2012 2013 $44 229 $32 1,040 2014 $44 229 $32 1,040 2015 $44 229 $32 1,040 2016 $44 229 $32 1,040
Five Year

Total

THIS REPORT WAS PREPARED BY

Homes in millions of dollars Homes in units Cars & light trucks in units

$96 499 2,273

$273 1,413 $198 6,434

Cars & light trucks in million dollars $70

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