The Economic Impact of theSan Antonio Economic Development FoundationLocated and Expanded Companies in 2014

The San Antonio Economic Development Foundation is a non-profit organization focused on recruiting and expanding quality industry and business in the San Antonio area. In the last five years, the SAEDF has located 100 companies and added over 23,000 jobs, creating a total economic impact of $8.8 billion.

2014 proved to be a very successful year for the SAEDF. Increased recruitment and retention efforts yielded an outcome of 4,762 jobs, greatly surpassing the initial goal of 4,000 total direct jobs.

San Antonio is now a prime location for several different industries including energy, manufacturing, aerospace/aviation, bioscience/healthcare, information technology, and information security. In 2014, a variety of industries in information technology, manufacturing, distribution, and energy chose the Alamo city for expansion or location. Information technology demonstrated the strongest growth with over 3,000 jobs created/retained. This industry represented about 60 percent of all growth.

Expenditures from companies were ultimately spread between all industry sectors because indirect supplier spending and induced consumer spending were factored into the total calculations.

The pie chart shows how the 4,762 new direct jobs are spread across industries and how that translates into a total of 7,792 jobs in several industries once the multiplier effects are taken into account.

Businesses Attracted or with Expanded Jobs

For additional information about the

San Antonio Economic Development Foundation,

please call (210) 226-1394 or visit us online

www.sanantonioedf.com

IBEX Global

Culture Service Growth - C.S.G*

Dollar General Corporation

Convergent

Millennium 1 Solutions

Grupo Siro

Oracle Corporation

CST Brands*

Security Service Fed. Credit Union*

FMC Technologies

Excel Logistics/Carrier Corporation

Conduit Global*

Apache Corporation

Toyotetsu Texas*

CGI Federal*

Marquee Event Group

Univar

ASI

United Parcel Service*

Improved Piping*

Toyoda Gosei*

Skyway Group*

Corix Corporation

Kilobassa*

Enduraplas

Lone Star Tooling*

Microsoft*

Nakata Coatings

TOTAL DIRECT JOBS

*BRE (Business Retention and Expansion)

Information Technology/BPO**

Information Technology/BPO

Distribution

Information Technology/BPO

Information Technology/BPO

Manufacturing

Information Technology/BPO

Information Technology/BPO

Information Technology/BPO

Oil and Gas

Distribution

Information Technology/BPO

Oil and Gas

Manufacturing

Information Technology/Security

Distribution

Distribution

Manufacturing

Distribution

Oil and Gas

Manufacturing

Manufacturing

Distribution

Manufacturing

Manufacturing

Manufacturing

Information Technology/Security

Manufacturing

** BPO (Business Process Outsourcing)

1,000

660

538

400

250

212

200

200

200

160

125

100

100

75

60

60

50

50

50

45

42

40

35

30

30

25

20

5

4,762

Direct operation expenses of $683 million from these new and expanding firms translate 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 using IMPLAN based on Texas benchmark data provided primarily by the U.S.Department of Commerce.

In 2014, operations from 28 firm resulted in $1.1 billion in total economic impact and created a total of 7,792 jobs. Subsequent years will have a similar economic impact.

Capital investments take the form of construction and improvements in plant and equipment for the year. The $744 million in capital expenditures translates into $1.2 billion in total economic impact and 7,785 jobs created.

In order to portray how secondary effects of new industry are beneficial for the economy, we provide several estimations. In 2014, 599 homes were constructed and 1,521 cars and light units were produced, and $25 million in retail sales were generated. From 2014-2018, it is estimated that 1,751 homes will be constructed, and 4,443 cars and light units will be produced, which result in total retail expenditures of $125 million. All of this translates into a total economic output of $649 million.

THIS REPORT WAS PREPARED BY

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 $1.1 billion in annual output from business operations and $1.2 billion from capital investments represent a substantial return on

investment for members’ support of the Economic Development Foundation.

Annual Impacts of Business Operations

Output in millions of dollars

Employment

Payroll in millions of dollars

Retail sales in millions of dollars:

Additions to public revenues in millions of dollars:

Direct Indirect Induced Total

$683

4,762

$178

$211

1,432

$62

$208

1,598

$58

$25

$33

$1,101

7,792

$299

Short-term Impacts of Capital Expenditures

Output in millions of dollars

Employment

Payroll in millions of dollars

Retail sales in millions of dollars:

Additions to public revenues in millions of dollars:

Direct Indirect Induced Total

$744

4,298

$183

$232

1,512

$68

$256

1,974

$71

$32

$31

$1,232

7,785

$323

Examples of Long Term Secondary Effects

Homes in millions of dollars

Homes in units

Cars & light trucks in million dollars

Cars & light trucks in units

Retail sales in million dollars

2014 2015 2016 2017 2018Five Year

Total

$380

1,751

$144

4,443

$125

$62

288

$24

731

$25

$62

288

$24

731

$25

$62

288

$24

731

$25

$62

288

$24

731

$25

$130

599

$49

1,521

$25