20 20 North Eastern Strategic Alliance

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ANNUAL REPORT

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        CONNECTING OUR REGION
        CHESTERFIELD, DARLINGTON, DILLON,
        FLORENCE, GEORGETOWN, HORRY,
        MARION, MARLBORO, WILLIAMSBURG
CONTENTS
MESSAGE FROM OUR LEADERSHIP    3

EXECUTIVE COMMITTEE & BOARD    5

FINANCIAL POSITION             6

STAFF & SERVICES               7

REGIONAL ECONOMY 2020          9

REGIONAL WINS 2020            11

2020 PROJECT PIPELINE         13

GOING VIRTUAL                 15

PRODUCT DEVELOPMENT           19

INVESTOR RELATIONS            20

OUR SUPPORTERS                21
Chairman’s Message                                                                                                                    Director’s Message
    For as long as we live, none of us will forget the challenges that 2020                                                               In my 30+ year economic development career, I can attest that 2020
    laid on our doorstep. Personally and professionally, the year changed                                                                 was truly unprecedented.
    our lives in countless ways, and taught us lessons we will be ponder-
    ing for years to come.                                                                                                                As most of you know, our business development team dedicates
                                                                                                                                          most of its time and effort visiting prospective companies, site se-
    As for the North Eastern Strategic Alliance, our member counties,                                                                     lectors, and consultants at events around the world, as well as host-
    partners and allies, the year could be summed up in one word: resil-                                                                  ing these same entities here in the NESA region. As a result of the
    ience.                                                                                                                                pandemic, the vast majority of these activities were put on hold. The

    When unemployment skyrocketed in April to 15.9 percent as a result
                                                                              YANCEY MCGILL                 JEFF MCKAY                    ability to travel or have in person meetings was impossible for most
                                                                                                                                          of the year. NESA was challenged, and our staff was forced to think
    of the pandemic, many instantly flashed back to 2010; however, the        Former South Carolina           Executive Director          outside the box.
                                                                               Lieutenant Governor                 NESA
    people of the NESA region have known adversity and were prepared
    to meet it again with our signature grit and determination. Thanks                                                                And that’s exactly what our team did. We adapted, we adjusted, and
    to the character of our great people, by Thanksgiving that unemployment rate was down to 5 per-        we pushed forward with creative and innovative ideas.
    cent. While slightly up from last year, given everything we have gone through in 2020 that is an
    incredible feat.                                                                                       We developed an online marketing strategy where we could still interact with clients face-to-face.
                                                                                                           We hosted virtual luncheons where we invited site selectors, consultants, and other interested par-
    Despite the challenges in 2020, the NESA region had 23 announcements representing a capital in-        ties to learn about the region from their own desktop. We attended virtual trade shows and other
    vestment of $572.5 million and the creation of 911 new jobs. One of those announcements, Leisure       events to meet new companies and effectively market the region. And our team created a virtual
    Pools and Spas North America, Inc. in Marion County, was awarded an Honorable Mention for Deal         regional tour where anyone can visit NESA with the click of a mouse.
    of the Year by Business Facilities magazine. This announcement was truly a blessing as Leisure
    Pools quickly filled the large shoes that Groupe Beneteau left after announcing their closure just a   During a year marked by limited options, NESA expanded our services and capabilities. We began
    few months prior.                                                                                      offering 360° drone imagery of our sites and buildings, launched a new public economic data tool,
                                                                                                           and implemented the NESA ED Toolbox webinar series, which was extremely effective keeping our
    We learned in 2020 that prospective and existing companies see the opportunity that exists in the      supporters informed and engaged.
    NESA region and they want to be a part of it. None of this would be possible without the amazing
    teamwork and resilience displayed by our various government and private partners at the state,         Despite the challenges, the region saw steady development activity. We added 77 leads in the proj-
    region, and local level. NESA is strongest when we work together!                                      ect pipeline representing the potential for $1.3 billion in capital investment and 6,857 potential jobs,
                                                                                                           and in the year to come we plan to use what we’ve learned in 2020 to build on that success.
    As this year comes to an end and another begins, you and your families will remain in our thoughts     I encourage each of you to explore our new resources and reach out to the NESA staff to learn more
    and prayers. Whatever 2021 has in store for us, we know that we can do amazing things when we          about utilizing the tools and services we have to offer.
    work together. Here at NESA, we sincerely look forward to continuing our partnerships with each
    and every one of you that makes our region the greatest place in South Carolina to live and do         Our most sincere thanks to all of you for your continued support of NESA. Without you we would
    business.                                                                                              not be able to serve the region we proudly call home!

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Executive Committee                                                                                            Financial Position
                            Yancey McGill             Senator Hugh K. Leatherman Sr.
                          NESA Chairman                         S.C. State Senator                               NESA’s funding for fiscal year 2020                NESA’s funding for fiscal year 2020 was
                           Former S.C.                        Chairman of the Senate                             was distributed as follows:                        provided through the following sources:
                       Lieutenant Governor                     Finance Committee
                                                                                                                                             Marketing
                                                                                                                 37%                                                32%              28%
Senator Luke Rankin                      Senator Kent Williams                 Doug Jennings, Jr. Esq.                            21%        County Grants
     S.C. State Senator                         S.C. State Senator                    Douglas Jennings Law
                                                                                                                                             Product Development                              County Memberships
                                                                                           Firm, LLC.
                                                                                                                                   8%                                                         Private Sector Support
                          Dr. Fred Carter                     Dr. Michael Benson                                                             Business Development

                            President                                 President
                                                                                                                                  6%                                                          State Proviso Funds
                                                                                                                 10%                         Investor Relations
                    Francis Marion University                 Coastal Carolina University                                 18%                                                40%
                                                                                                                                             Administration

     Fred DuBard                                 Mark Lazarus                    Stephen Wukela, Esq.
  Retired CEO Crown                            Former Chairman,                          Former Mayor,
      Beverages                               Horry County Council                       City of Florence

  Board Members
       W. Stuart Ames               Mary Anderson                John Q. Atkinson              John Bloom
     Duke Energy Progress            Representing                  Representing                 Blue Cross
                                   Chesterfield County            Marion County              Blue Shield of SC
                                                                                                                       NESA CONTINUES TO ADAPT AND MAINTAIN OUR EXCELLENCE
       Angela Christian              Johnny Gardner                Benjy Hardee              Dr. Linda Hayes           AS THE WORLD AROUND US CHANGES EVERY SINGLE DAY.
        Representing                  Representing              Grand Strand Water            Representing
      Georgetown County               Horry County              and Sewer Authority           Dillon County

     Senator Gerald Malloy        K.G. “Rusty” Smith, Jr.          Jason Steen              Dr. Tiffany Wright
         Representing          Representing Florence County        Representing                Representing
       Darlington County                                          Marlboro County          Williamsburg County

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Staff & Services
Each of our NESA team members is experienced and well trained in their respective fields. As                     BUSINESS
                                                                                                                                                       MARKETING                               RESEARCH
an extension of our public partner’s staff, our team works hand-in-hand with them to achieve                   DEVELOPMENT
results for our region and counties alike.

                                         The NESA team is here to support our public and private
                                         allies in their missions to create new capital investment
                                         and jobs for the people of this great region. We do this by
                                         offering our allies assistance with business development,
                                         marketing, product development, and more.

                JEFF MCKAY           JOHN SWEENEY                ANDREW GOLDEN                         NESA supports the region by con-      NESA markets the region locally, do-   NESA provides numerous databas-
                                                                                                       ducting domestic and internation-     mestically, and internationally and    es and research resources that are
                                         Director of                                                   al business development missions.     provides its services to each county   used to provide up-to-date informa-
              Executive Director                                 Director of Marketing
                                    Business Development                                               These missions are organized,         economic development group for         tion to help clients make informed
                                                                                                       planned, and executed by NESA and     specific marketing projects.           decisions about expanding or locat-
                                                                                                       our local economic developers are                                            ing a facility in the region.
                                                                                                       encouraged to participate.

                                                                                                            BUSINESS RETENTION
                                                                                                                                                     SITE SELECTION                         COORDINATION
                                                                                                               & EXPANSION

               jmckay@nesasc.org       jsweeney@nesasc.org           agolden@nesasc.org
               843.661.1209            843.661.1665                  843.661.1267

                                                                                                       Existing industries are the back-     NESA helps identify the best build-    NESA coordinates with state and
                                                                                                       bone of our region and as such we     ings or sites based on our clients’    local government agencies, permit-
                                                                                                       provide them with the support they    needs. Extensive research and guid-    ting entities and utilities to make
                                                                                                       need to continue their success. We    ed site tours with county econom-      the process of locating a facility
                                                                                                       work with our county partners to      ic developers allow companies to       within the region as smooth as pos-
               jdelung@nesasc.org     asellers@nesasc.org           rspivey@nesasc.org                 help them with workforce needs,       make fully educated decisions.         sible.
               843.661.1206           843.661.1170                  843.661.4669                       research, and additional incentives
                                                                                                       they can utilize.
           JEFFREY DELUNG            AMBER SELLERS                  RICH SPIVEY

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           Director of Research &        Director of               Manufacturing &
              Special Projects       Investor Relations           Technology Advisor
Regional Economy 2020                                                                                                                                                REAL GROSS DOMESTIC PRODUCT
                                                                                                                                                                         The regional economy was experiencing
                                                                                                                                                                                                                         $28,500,000

                                                                                                                                                                                                                         $28,000,000

                                                                                                                                                                                                                         $27,500,000
                                                                                                                                                                                                                                                                                                            2019

   The COVID-19 pandemic ended a period of strong economic growth for the NESA region. Regional unemploy-                                                               strong growth prior to the COVID-19 pan-                                                                           2018
                                                                                                                                                                                                                         $27,000,000
   ment levels skyrocketed from historic lows to new historic highs as a result of substantial layoffs, particularly in                                                demic. Real gross domestic product expand-
                                                                                                                                                                         ed 3.1% annually during the 7-year period
    the services sector. Regional economic output is expected to have contracted alongside national trends; the                                                                                                          $26,500,000
                                                                                                                                                                          ending in 2019, outpacing the national
    decline was sharp and deep but was non-sustaining. Fortunately, the economy began stabilizing in the third                                                         growth rate of 2.3%. As of 2019, regional GDP     $26,000,000                                     2017
                                                                                                                                                                                                                                                          2016
   quarter of 2020 and is expected to recover relatively quickly as vaccinations become more widely available. Still,                                                       totaled approximately $27.9 Billion.         $25,500,000
            some of the economic effects of the pandemic will likely continue to be felt for years to come.
                                                                                                                                                                                                                         $25,000,000
                                                                                                                                                                                                                                       2015
   18%                                                                                                                                                                                                                   $24,500,000

   16%                                                                                                          UNEMPLOYMENT RATE                                                                                        $24,000,000
                                   12.1 percentage points is a
   14%                             record breaking change in                                        Regional unemployment levels surged during the                                                                       $23,500,000
                                   unemployment rate for one
                                   month.
                                                                                                  pandemic, increasing by a record-breaking 12.1 points                                                                                                                Source: U.S. Bureau of Economic Analysis
   12%
                                                                                                 in just one month’s time. The regional unemployment                                                                                                                   Thousands of chained 2012 dollars
   10%                                                                                            rate peaked in April 2020, reaching an all-time high of
   8%                                                                                            15.9%. Unemployment levels fell almost as quickly as it
   6%                                                                                           increased in the third quarter of 2020, but is expected to             $39,000                                                                                        AVERAGE ANNUAL WAGES
                                                                                                 decline at a much slower rate into 2021. The December
   4%
                                                                                                       2020 regional unemployment rate was 5.7%.                       $38,000                                                                                     In the one-year period ending in 2020Q3,
   2%                                                                                                                                                                                                                                                             average annual wages in the NESA region
   0%                                                                                                                                                                  $37,000                                                                                    increased by 3.9% to $38,828 . In the same
    12/1/2015              12/1/2016         12/1/2017   12/1/2018   12/1/2019   12/1/2020
                                                                                                                       Source: JobsEQ, Not seasonally adjusted.                                                                                                  period of time, average annual wages paid in
                                                                                                                                                                       $36,000
                                                                                                                                                                                                                                                                 South Carolina increased by 4.3% to $46,812,
                                                                                                                                                                                                                                                                 while average annual wages paid in the U.S.
                                                                                                                                                                       $35,000
                                                                                                                                                                                                                                                                         increased by 5.0% to $60,042.
           UNEMPLOYMENT INSURANCE CLAIMS                                                                       REGIONAL EMPLOYMENT
                                                                                                                                                                       $34,000
  Initial unemployment insurance claims made in the NESA region                                   Regional employment fell to 288,075 in the second quarter of
  peaked in April 2020, reaching 37,718 total claims. In terms of em-                             2020, down about 10.3% from 2019Q2 employment levels, but            $33,000
  ployment losses, the pandemic had a particularly harsh effect on                                       started recovering in the third quarter of 2020.
labor-intensive service industries, especially those that require face-                                                                                                $32,000
  to-face interaction. Of the 105,000 total initial claims made in the
region between March and December of 2020, approximately 21.3%                                                                                                         $31,000
        were Accommodation and Food Services workers alone.
                                                                                                                EMPLOYMENT                  4Q MA

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                                                                                             330,000
 40,000                                                                                                                                                                                                                                  Source: JobsEQ
                                                                                             320,000
  35,000
                                                                                             310,000
  30,000
                                                                                             300,000
  25,000
                                                                                             290,000
                                                                                                                                                                                 With a portfolio of over 150 data sources and counting, NESA has estab-                        RESEARCH
  20,000                                                                                                                                                                         lished itself as a central resource for regional economic information, in-
                                                                                             280,000                                                                             cluding demographics and workforce data. The data we provide is useful
  15,000                                                                                                                                                                         for a variety of applications. Our county partners rely on us to provide
                                                                                             270,000
  10,000                                                                                                                                                                         them with information that ultimately supports their industrial recruit-
                                                                                             260,000                                                                             ment and business retention efforts, while our allies and other commu-
   5,000                                                                                                                                                                         nity stakeholders rely on us to provide them with the information they
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                                                                                                                                                                                 need to make informed decisions. The research department completed
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                                                                                                                                                                                 over 260 activities in 2020 alone, many of which were requests for data or
                                                                                                                                                    Source: JobsEQ
                                                                                                                                                                                 research assistance for our allies.
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                     Source: S.C. Department of Employment and Workforce

9                                                                                                                                                                                                                                                                                                            10
Company
                          (* indicates expansion)         Jobs Created   Capital Investment    County                 YEAR-TO-YEAR JOBS AND CAPITAL INVESTMENT
                       Huber Engineered Woods LLC              30            $ 30,000,000        Dillon
                                                                                                                            $188.7 MILLION         2016   1,475 JOBS
REGIONAL WINS 2020
                          Pee Dee Extractors, LLC              25            $ 2,900,000        Marion

                           GreenCore Materials                 74            $ 10,000,000     Georgetown
                                                                                                                             $857.4 MILLION        2017   2,266 JOBS
                              Georgia-Pacif ic*                0            $ 145,000,000     Darlington

                          Douglas Machine Shop*                13             $ 2,165,000     Chesterf ield
                                                                                                                             $623.6 MILLION        2018           655 JOBS
                             Niagara Bottling                 150           $ 134,850,000      Florence

                                  Sonoco*                      0             $ 83,000,000     Darlington
                                                                                                                            $570.02 MILLION        2019   1,092 JOBS
                           Global Metal Powders                15            $ 1,500,000         Horry

                        Vulcan Materials Company               5             $ 3,000,000         Horry
                                                                                                                             $572.5 MILLION        2020   911 JOBS
                               SteelFab, Inc.*                 28            $ 5,060,000       Florence

                          Eff ingham Pellets, LLC              10            $ 5,450,000       Florence

                            Leisure Pools and Spas            200            $ 6,100,000        Marion
                              North America, Inc.

                            DMA Holdings, Inc.*                25            $ 3,900,000        Marion
                                                                                                              TOTAL ANNOUNCEMENTS BY YEAR
                                 NARENCO                       0             $ 20,000,000      Florence
                                                                                                                                              23                       NEW VS. EXPANSION
                           Maxwood Furniture*                  30            $ 5,800,000        Marion
                                                                                                                                     22                                      2016 - 2020
                     Rivers Plumbing and Electric, Inc.       150            $ 9,100,000        Marion
                                                                                                                               18
                                Ruiz Foods*                    0             $ 40,000,000      Florence
                                                                                                                 16    15
                             Axjoh Enterprises                 40            $ 4,200,000      Chesterf ield

                                 Conbraco*                     63            $ 33,000,000     Chesterf ield
                                                                                                                                                                        47%
                                                                                                                                                                         NEW
                           Skutchi Designs, Inc.*              41            $ 3,500,000         Horry
                                                                                                                                                                                      53%
                                                                                                                                                                                  EXPANSION
                       Charles Ingram Lumber Company *         0             $ 10,000,000      Florence

                        Willowcreek Lumber Company *           0             $ 10,000,000      Florence

                      Mechanical Alliance Company              12            $ 4,000,000        Marion

                               Totals (23)                    911         $572,525,000                          2016 2017 2018 2019 2020
      11                                                                                                                                                                                      12
2020 Project Pipeline
This year was full of unprecedented challenges; however, the NESA Business Development team met those
challenges with innovative approaches to grow NESA’s prof ile among key business decision makers, but also
create new tools to promote the region for years to come.
                                                                                                                      GENERAL
                                                                                                                MANUFACTURING               23%
This year, in-person meetings were replaced by phone and video calls. Week long mission trips to markets
around the world were supplemented by webinars, virtual conferences, and other socially distanced ways of
reaching companies, solidifying existing relationships within the economic development industry and laying
                                                                                                                       FOOD &
                                                                                                                     BEVERAGE              20%
the groundwork for future NESA business development activity. These efforts were made while also improv-
ing our region’s prof ile among national site selectors, consultants, brokers, and the South Carolina Depart-
ment of Commerce, as well as providing updates on the region’s progress throughout the pandemic.
                                                                                                                  DISTRIBUTION/
                                                                                                                      LOGISTICS          16%
                                                                                                                        METAL
                                                                                                                     PRODUCTS          11%

                              77
                                                                                                                        WOOD
                                                                                                                     PRODUCTS       6%
                                                                                                                         BACK
                                                                                                                        OFFICE      5%
                                                                                                                   ALTERNATIVE
                                                                                                                       ENERGY      4%
       74 %
                              The number of new
                              leads added to project
                              pipeline for the NESA
                                                                                                                    MACHINERY
                                                                                                                MANUFACTURING      4%             2021 OUTLOOK
                                                                                                                                                  Everyone’s crystal balls were shattered
       NESA & County
       Generated Leads
                              region in 2020.
                                                                  $1.3 BILLION
                                                                  Potential Capital Investment
                                                                                                                        TEXTILE    4%
                                                                                                                                                  in 2020, so don’t look to us to make
                                                                                                                                                  any bold predictions for 2021; howev-
                                                                                                                                                  er, this past year was a productive one,
                                                                                                                                                  pandemic or not, and we are hope-

     The majority of these leads were generated
                                                                                                                      AVIATION/
                                                                                                                    AEROSPACE     2%              ful that the NESA region is well posi-
                                                                                                                                                  tioned to take advantage of the “ post
                                                                                                                                                  COVID-19” economy of 2021. Research

                                                                  6,857
     by NESA and our county allies. The remaining                                                                                                 done throughout the year – as well as
     26% were generated by our partners at the
     South Carolina Department of Commerce.
                                                                                                                       PHARMA     2%              conversations with prospective com-
                                                                                                                                                  panies, existing industry, economic
                                                                                                                                                  development consultants and other al-
                                                                  Potential Jobs
                                                                                                                                  1%
                                                                                                                                                  lied partners – suggests there will be
                                                                                                                      DEFENSE                     signif icant opportunities in Distribu-
                                                                                                                      RELATED                     tion & Logistics and Agribusiness over
                                                                                                                                                  the coming 12 months. The economy

 150 CONTACTS                                                                                                       CHEMICALS/
                                                                                                                      PLASTICS    1%              can certainly shift very rapidly (as we
                                                                                                                                                  all found out this year), but the NESA
                                                                                                                                                  region’s solid inf rastructure, access to
                                                                                                                                                  markets, quality workforce, and efforts
 Despite no travel in 2020, the Business Development team continued to make
 contact with companies, consultants, and brokers involved in active projects.
                                                                                                                   AUTOMOTIVE     1%              to increase available real estate inven-
                                                                                                                                                  tory all gives the region an opportunity
                                                                                                                                                  for growth in 2021.

13                                                                                                                                                                                            14
ED      TOOLBOX

                     GOIN G                                            V I RT UA L                                   Webinar Series:
                                                       A 2020 annual report would not be com-
                                                       plete without mentioning Zoom meetings,                               Econ om ic D evelop m en t Toolb ox
                                                       webinars, or social distancing. Like every-
                                                       one else, NESA was forced to adapt f rom                      We couldn’t meet you in person, so NESA created an experience to
                                                                                                                     keep our partners informed on regional news, economic develop-
                                                       our normal way of doing business face-to-
                                                                                                                     ments, and many other topics of interest. Thus, the Economic Devel-
                                                       face and in person. Through the hard and                      opment Toolbox webinar series was born.
                                                       creative work of our staff, we were able to
                                                       put together several programs, platforms,                     To date, NESA has hosted three ED Toolbox webinars on topics rang-
                                                       and initiatives to keep both our stakehold-                   ing f rom interpreting labor statistics, recession and recovery, as well
                                                       ers and clients in¬formed about the NESA                      as capturing existing income opportunities. We were joined by our
                                                       region.                                                       public and private partners who provided expertise in their respected
                                                                                                                     f ields.

                                                                                                                                                                                                                                    86
                                                                                                                     We look forward to providing more of these experiences in 2021 and
                                                                                                                     ask you to reach out to us on future topic ideas.
                            WEBINARS
                       Our stakeholders and industry
                       partners helped us keep you
                                                                 VIRTUAL MEETING SPACE
                       informed with the most up-to-
                       date information available.                            Meeting via Zoom, GoToMeeting,
                                                                              and a variety of other platforms           NESA provides our county partners with marketing assistance in a vari-
                                                                              was essential to doing business
                                                                              in 2020. NESA is now fully ca-             ety of areas as requested. The following is a list of the top requests we
                                                                              pable to handle meetings f rom             received in 2020.
                                                                              afar.

                                                                                                                         1   PROPERTY IMAGING
                                                                                                                                                                                                                                 MARKETING
     360° EXPERIENCE                                                                                                         With an FAA licensed drone pilot on staff, our partners
                                                                                 VIRTUAL TOUR                                continue to utilize our drone services to continue to im-
                                                                                                                                                                                                                                 REQUESTS
     Adding to our existing market-
     ing capabilities, we now have
                                                                                                                             prove their property imagery. We also are capable of pro-
                                                                                                                             viding still photography – including 360 degree imagery        4 MAP CREATION
                                                                              If clients can’t come to the region,           - as needed.                                                    Maps are essential to what we do as economic developers.
     the ability to capture, edit, and                                        we decided to take the region                                                                                  They are the quickest way for us to tell our story. Many of our
                                                                                                                         2 CONSULTING
     host 360° imagery to give users                                          to them with our f irst of its kind
     a one-of-a-kind experience.                                                                                                                                                             partners request maps for company and consultant visits or
                                                                              virtual region tour.
                                                                                                                                                                                             as a response to an RFI.
                                                                                                                             Our partners rely on us for guidance and advice as they
                                                                                                                             develop new marketing initiatives, individual marketing
                 DATA CENTER                                                                                                 pieces, website upgrades, and more.
                                                                                                                                                                                            5 ADVERTISEMENTS
             Simply log on to the NESA web-
             site and access our new Data                  WEBSITE UPDATES                                               3 GRAPHIC DESIGN                                                    Most of our county partners place print or online advertise-
                                                                                                                                                                                             ments in some way shape or form. We can assist them with
             Center tool to enjoy a variety of
             useful economic data.
                                                                                                                             NESA has the ability to create a variety of printed and dig-    the creation of these advertisement placement.
                                                           Websites remain the #1 tool for effectively                       ital marketing materials in-house. We offer these services
                                                           marketing your community and the past                             as a cost saver to all of our partners.
                                                           year has done nothing to change that. We
                                                           encourage you explore the site and see all
                                                           the changes.

15                                                                                                                                                                                                                                                             16
Data Center
                                                                                                                     Data is a cornerstone of economic development. Companies already located in the region or con-
                                                                                                                     sidering making a home here rely on accurate economic data to make informed business deci-
                                                                                                                     sions. Because of this, we wanted to make reliable data more accessible for prospective compa-
                                                                                                                     nies, the region’s existing company base, and NESA stakeholders. To access this new data portal,
                                                                                                                     simply visit NESASC.org and click on the Data Center tab at the top of the page. We hope you will
                                                                                                                     utilize this tool and reach out to our research team with any questions or additional data you may
                                                                                                                     need.

     Virtual Tour
     In economic development, business travel and hosting visitors to the region are two of the most
     effective ways of recruiting. We know how important it is for clients to explore our communities
     and interact with the people that will be potentially be their neighbors, partners, employees and
     f riends. Because of the pandemic , we couldn’t do any of that in 2020, and it’s uncertain exactly
     when we can safely resume regular business activities in 2021. These factors drove us to develop
     the new NESA region virtual tour, a f irst of its kind tool. The tour combines stunning 360° visuals,
     state-of-the-art mapping and the latest economic data to create an unmatched experience for
     anyone looking to learn more about the NESA region. It is the next best thing to a person coming
     to the region in person, and we have plans to continue to expand the tour to further enhance the
     experience in the future.

         Tour our Region                      Explore with Data                 Stunning 360° Imagery

                                                                                                                     What data can I find?
                                                                                                                          The application is rich in economic data, giving you access to things like area demographics,
                                                                                                                          labor force characteristics, wages and spending data, and growth trends and forecasts. It al-
                                                                                                                          lows you to easily explore data and generate reports for communities, industries, occupations,
                                                                                                                          or even specif ic businesses. Data is available down to the census block level, giving you access
                                                                                                                          to granular data across our region. You can even generate custom areas based on a specif ied
         Take a step-by-step tour of         We integrated our extensive          Exploring is one thing, but ex-
       the NESA region or explore on        data tool into the tour to show-      periencing the region is anoth-         mile or commute time radius f rom any point in the NESA region. Various map layers are also
        your own, this tour gives you        case our region’s advantages          er. Our new 360° experience            available to help you identify flood zones, transportation inf rastructure, opportunity zones, and
      an in-depth look at our region’s             by the numbers.                  makes you almost feel like            much more.
       advantages with the click of a                                             you’re actually there in person.
                   button.

17                                                                                                                                                                                                                             18
Product Development
 Each year the NESA Executive Committee authorizes grants to our county partners and allies to maximize
                                                                                                                                                                           Investor Relations
 the regional impact of key projects which align with NESA’s mission. Our county partners are given the op-
 portunity to submit grant applications for both our County Grant Program and our High Impact Grant each
 year.

 Over the past decade, NESA grants have contributed to multiple economic development efforts across our
 region and in 2020 we continued that tradition. During the 2020 grants cycle, the Executive Committee ap-
 proved one County Grant and two High Impact Grants totaling $504,200.

                                                                                                              Before pandemic related restrictions were put in place in 2020, we were still able to host our 2020 Annual Meeting
                                                                                                              at the Continuum in Lake City. We hope we will be able to host events like this one again in the near future.

                                                                                                              2021 Event Plans
                                                                                                              We have truly missed gathering with each of you over the past year. We know the importance of
         PROFESSIONAL                                                               LYNCHES RIVER             these gatherings and we hope to be able to do so, safely, again real soon. As you already know, we
                                                        ASCOTT VALLEY
         DEVELOPMENT                                                               INDUSTRIAL PARK            have been forced to postpone our Annual Legislative Reception and our Annual Meeting has been
                                                                                                              re-made into a virtual event. We have a plan in place to resume some of our regular in person events
  Williamsburg County was                          Horry County was the re-     Chesterf ield County was      in April, but it is still too soon for us to announce.
  awarded the NESA County                          cipient of one NESA High      the recipient of a NESA
  Grant. The grant will assist                     Impact Grant. They were       High Impact Grant. The
 with the professional devel-                     awarded the grant to assist
                                                                                                              JOIN US IN WELCOMING
                                                                                grant will be used to sup-
 opment of their newly hired                      with master inf rastructure    port road construction
   Economic Development                             development within the      within the Lynches River
           Director.                                Ascott Valley Industrial    Industrial Park/Belk Site.
                                                        Park in Conway.
                                                                                                              About Truist
                                                                                                              At Truist, the company created by the merger of equals between BB&T and SunTrust, our purpose is to inspire and
     Additional Partnerships                                                                                  build better lives and communities. This is our reason for being—the reason we exist. It’s our starting point for every
                                                                                                              decision, and what makes us different. It’s also what keeps our clients and communities at the center of every-
     For the eighth straight year, NESA had the privilege of
     working with our partners at Duke Energy to have a prop-
                                                                                                              thing we do. Our roots are in community banking, and we’re proud to continue to be a Main Street America bank
     erty included in the Duke Site Readiness Program. The                                                    – providing a wide range of services including retail, small business and commercial banking; asset management;
     program is designed to work in tandem with local eco-                                                    capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; spe-
     nomic development organizations to identify industrial                                                   cialized lending; and wealth management.
     property, access the properties strengths and weakness-
     es for development, recommend mitigation, and assist                                                     As the sixth-largest commercial bank in the country, Truist is committed to the Grand Strand and Pee Dee regions
     with the marketing of build ready sites.                                                                 and the future economic development success of NESA. Through a combination of local coverage, deep industry
                                                                                                              expertise, and universal product capabilities we’re here to help you reach the immediate and long-term goals you
     This year NESA worked closely with Duke Energy and Dil-
     lon County to identify the Woodle Site, located in close
                                                                                                              have for your organization.
     proximity to Inland Port Dillon, to participate in the pro-
     gram.                                                                                                    For information on how Truist can assist with your business needs, contact:

     The Benton Site and Florence County Industrial Park -                                                    Trent Holland                               Mathew T Langston
     East in Florence County were also included in the Duke                                                   SVP, S.C. Middle Market Banking Leader      SVP, Pee Dee and Grand Strand Market President
     Site Readiness Lite program in 2020.                                                                     THolland@bbandt.com                         MLangston@BBandT.com
                                                                                                              843-852-5843                                843-413-4222

19                                                                                                                                                                                                                                      20
Our Partners                                                                                                                        Underwriters
                                                                                                                                     AECOM
                                                                                                                                                                      INTERESTED IN JOINING
 Board                                                                                                                               AT&T                                 OUR MISSION?
                                                                                                                                     Elliott Davis

                                                                                                                                     First Bank                       When you commit to NESA, you’re commit-
                                                                                                                                                                      ting to furthering economic success and im-
                                                                                                                                     M.B. Kahn Construction           proving the quality of life for the citizens of
                                                                                                                                                                      our region. As a private sector investor, you
                                                                                                                                     S&ME
                                                                                                                                                                      not only accelerate capital investment, but
                                                                                                                                     Sandhill Telephone Cooperative   aid in facilitating a sustainable strategy for
                                                                                                                                                                      job creation. You become a champion for a
                                                                                                                                     South Carolina Power Team        brighter future in our nine county region.

                                                                                                                                                                      Reach out to our Director of Investor Rela-
                                                                                                                                                                      tions to learn more about how you can make
                                                                                                                                                                      a difference in our region today.
 Partners                                                                                                                            Donors
                                                                                                                                                                                   AMBER SELLERS
                                                                                                                                     Alliance Consulting Engineers
                                                                                                                                                                                        Director of
                                                                                                                                     Davis & Floyd                                  Investor Relations

                                                                                                                                     Edward Jones - Sharon Ackerman

                                                                                                                                     Empower Solutions

 Associates                                                                                                                          First Citizens Bank

                                                                                                                                     Haynsworth Sinkler Boyd

                                                                                                                                     K&L Gates

                       Farmers Telephone
                                                                                                                                     S&W Printing
                                                 Honda of South Carolina   Horry Electric   Horry Telephone         Marlboro
  Dominion Energy         Cooperative               Manufacturing          Cooperative        Cooperative     Electric Cooperative
                                                                                                                                     THS Constrution

                                                                                                                                     Thomas & Hutton                              asellers@nesasc.org
                                                                                                                                     McRory Construction                           Office: 843.661.1170
   Myrtle Beach Area            Pee Dee                  Santee Electric
                                                                                  Sonoco          Truist         Wells Fargo         Yahnis Corporation                             Cell: 843.616.8543
 Chamber of Commerce      Electric Cooperative            Cooperative

21                                                                                                                                                                                                                      22
North Eastern Strategic Alliance
Mailing Address: P.O. Box 100547 | Florence, S.C. 29502

Physical Address: 142 N. Dargan St. | Florence, S.C. 29506

   1.843.661.4669 | info@nesasc.org | www.nesasc.org
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