SECOND QUARTER 2014

QUARTERLY RESULTS REPORT

For more information, please visit the RAEDC at

NEW BUSINESS & EXPANSION/RETENTION ANNOUNCEMENTS

2ND QUARTER HIGHLIGHTS

All World Machinery Supply, Inc. is investing $3.6 Million in Roscoe which will create 58 new jobs.Excel Gear, Inc. is investing $1.5 Million in Roscoe which will create 10 new jobs.FedEx is investing $20 Million in a new facility to expand operations and improve efficiency creating 50 new jobs.Meijer in investing another $20 Million in Rockford creating another 250 jobs.Packaging Coordinators, Inc. is investing another $8 Million in to their Rockford facility creating an additional 25 jobs. Rockford Park District is investing $37.5 Million locally and creating an additional 210 jobs.Slidematic is investing $4 Million to expand capacity in their Rockford facility which will create 30 new jobs.

Business Attraction Team responded to a total of 6 new leads The RAEDC and regional partners managed 6 Business Attraction client visits and 3 familiarization tours24 supplier development opportunities were posted to the Rockford Area Aerospace Cluster LinkedIn group Exhibited and facilitated participation of 8 Rockford Area companies in the RAAN booth at the Maintenance Repair & Operations (MRO) trade show in Las VegasHosted 2 webinars on European Supply Chain for RAAN membersPrepared for the 2014 Farnborough International Air Show and National Business Aviation Association Convention & Exhibition with 7 local companiesHosted Lidköping delegation for bi-lateral discussion on education, health care and international projectsHosted delegation of Korean waste water treatment companies at Fehr GrahamHosted the 7th Annual Go Global Conference and International Trade Show, which yielded record-breaking attendance and exhibition with 234 attendees, 130 companies, 7 states and 8 countries

Congratulations to the following companies on their recent announcements:

This chart reflects projects currently underway which have not yet closed:

The Rockford MSA's primary and secondary jobs total was flat in the second quarter of 2014. Based on a 12-month rolling average, the number of non-farm jobs as of May 2014 is 147,200, which is the same total as the 2013 annual average. Sectors increasing the most in this time frame: Other Services (Up 2.3%); Professional and Business Services (up 2 %); and Financial Activities (up 1.9%). The Rockford MSA's average annual number of employed for 2014 through May is 144,750, up .07% from the annual average for all of 2013, and up 1.3% from the first five months of 2013 alone.

THRIVING BUSINESS CLIMATE

TARGETED MARKETING AND RECRUITMENT

EIGERlab’s 8th annual FastPitch competition was in June held at UIC College of Medicine at Rockford with a record 225 guests and 34 participants; Tracie Burress of Sock TABs was the 2014 winner 521 Rockford Minority Group hosted Judy Barr Topinka, Illinois State Comptroller, overviewing ways that her office can assist minority businesses with State and Federal contract workHeld 65 counseling sessions with 26 clients in international business development

Number of Projects Sum of New Jobs Sum of New Investment Sum of Sq. Ft. RequiredAttractionManufacturing & Retail 2 308 23,600,000 310,000ExapnsionAerospace, Logistics, Manufacturing, Retail 7 438 71,459,000 498,500FTZLogistics & Distribution 1 5 1,000,000 5,000Property DevelopmentInfrastructure, Retail, Ent. & Accomodations 3 141 84,840,000 594,000GRAND TOTAL 13 892 180,899,000 1,407,500

www.rockfordil.com

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2ND QUARTER HIGHLIGHTS, Continued

UPCOMING EVENTS

SAVE THE DATE...

2014 ANNUAL MEETING & DINNERWednesday, November 195:00 pm Networking6:30 pm Dinner & Program

610 N. Bell School Road, Rockford, IL

Sponsorship Opportunities AvailableContact Jimsi Kuborn

or 815.969.4259

Giovanni’s Restaurant & Convention Center

Quarterly Results Report, Second Quarter 2014 Rockford Area Economic Development Council PG 2

Facilitated approval of 8 ISTEP Grant applications, providing up to $42,500 of reimbursed expenses to regional companies with 13 applications in processFacilitated connections between Rockford Region companies and 5 foreign companies from the Republic of Korea, Spain, and Sweden

- July 31, 2014 7:00 am - 9:00 am Location: Southern Imperial - 1400 Eddy Ave., Rockford, IL The leaders of Rockford manufacturing companies and related businesses will hear thoughts and plans for the local business climate, and discuss their concerns and questions. Information or to register, contact Bea Miller at 815.969.4255 or at bmiller@rockfordil.com - August 19 7:00 am - 9:00 am Location: SPX Hydraulic Technologies - 5885 11th St., Rockford, IL Winnebago County Chairman Scott Christiansen and Rockford Mayor Larry Morrissey will participate in a "Coffee Talk" together with area business leaders. The forum will focus on collaboration and local business climate. Information or to register, contact Bea Miller at 815.969.4255 or at bmiller@rockfordil.com - September 16, 2014 8:00 a.m. - 3:00 p.m. Location: BMO Harris Bank Center, 300 Elm St., Rockford The Alignment Rockford Career Awareness Committee invites your organization to host a booth at the 2014 Academy Expo. 2,000 9th grade students from Rockford Public Schools & 750 9th grade students from Belvidere. More info at http://www.alignmentrockford.com/uploads/Academy_Expo_2014_ITP.pdf

EMERGING OPPORTUNITIES FUNDThe RAEDC Leadership Council met in April and Quarterly Reports were given for the current projects funded through the Emerging Opportunities Fund: The 2012 High School Redesign, the 2013 Advancing Teaching & Learning -Building Business Partnership and the Design & Production of Markerspace Lab and Partner Network.

2014 Academy Expo is scheduled for September 16th and is currently looking for organizations to host a booth as well as needing more volunteer ambassadors for the event.

THRIVING BUSINESS CLIMATE (Cont.)

21ST CENTURY TALENT

QUALITY CONNECTED INFRASTRUCTURE

TechWorks is filling CNC classes and has a backlog of students and added a new class with Blackhawk Technical College; the first Assembly class was completed. Discussions have begun on potential licensing of programming

The 7th annual Tri-State Alliance Summit “Transporting People, Commerce and Information for Regional Prosperity” was held May 16, 2014 at the Chicago Rockford International Airport

Mayor Morrissey’s Manufacturing Coffee Talk

Coffe Talk with Mayor Morrissey & Chairman Christiansen

2014 Academy Expo

www.alignmentrockford.com

jkuborn@rockfordil.com