Why Williamson

305 Public Square, Suite 214Franklin, TN 37064

Matt Largen, Director615.261.2880

[email protected]/MattLargen

THE BUSINESS CASE FOR WILLIAMSON COUNTY, TENNESSEE

“MedSolutions has benefitted significantly from the decision to base our operations in what we consider the heart of our nation’s healthcare capital. As home to a growing and vibrant business community, Williamson County offers our company the chance to collaborate with other industry leaders while providing employees with rich quality of life.”

Curt Thorne, President & CEO of MedSolutions, Inc.

Williamson County

Nashville, TN

AccessibleEasy access to east coast population centers

• A day’s drive from 75% of the U.S.

• Interstate 65 and Highway 840 run through Williamson County

• I-40 and I-24 surround and connect creating a grid for easy accessibility and transportation

• 30 minutes from Nashville International Airport serving 48 non-stop markets per day

AccessibleEasy access via non-stops at Nashville International

• 12 air carriers• 48 non-stops markets• 88 direct-served markets• 400 flights per day• 10 million passengers per year• Live music in terminal

Airport CityCode Name

ATL AtlantaAUS AustinBWI BaltimoreBHM BirminghamBOS BostonCUN Cancun (seasonal)CLT CharlotteMDW Chicago MidwayORD Chicago O’HareCVG CincinnatiCLE ClevelandCMH ColumbusDFW Dallas/Ft WorthDEN DenverDTW DetroitFLL Ft. LauderdaleBDL HartfordHOU Houston HobbyIAH Houston IntercontinentalJAX JacksonvilleMCI Kansas CityLAS Las VegasLAX Los AngelesMEM Memphis

Airport City Code Name

MIA MiamiMKE MilwaukeeMSP Minneapolis/St. PaulMSY New OrleansEWR New York Newark LibertyJFK New York JFKLGA New York LaGuardiaOAK OaklandONT Los Angeles OntarioMCO OrlandoPHL PhiladelphiaPHX PhoenixPIT PittsburghPVD ProvidenceRDU Raleigh/DurhamSLC Salt Lake CitySAT San AntonioSAN San DiegoSEA SeattleSTL St. LouisTPA TampaYYZ TorontoDCA Washington ReaganIAD Washington Dulles

Nashville International Airport Non Stop Markets

Williamson County

Nashville, TN

AffordableACCRA Cost of Living Index 3rd Quarter 2012

US Average

DynamicFastest growing county in TN

1990 Census

2000 Census

2010 Census

2015 Projection

Total Population

81,020126,63

8183,182 215,891

Total Households

27,927 44,725 64,886 76,341

Source: US Census Bureau, 2010

0

50,000

100,000

150,000

200,000

250,000

1990Census

2000Census

2010Census

2015Projection

Total Population Total Households

0

0.5

1

1.5

2

2.5

3

3.5

4

Population Households Families OwnerOccupiedHomes

MedianHousehold

Income

Williamson County

Tennessee

United States

Continued DynamismProjections above state and US averages

Projected 2010-2015 Annual Growth by Percentage

Source: ESRI Business Analyst Projections, 2011

Nashville Region

Williamson County

Labor force 828,970Unemployment rate 6.4%

Labor force 95,650Unemployment rate 5.2%

TennesseeLabor force 3,103,400Unemployment rate 7.6%

Source: Tennessee Department of Labor and Workforce Development, September 2012

TalentRates consistently below region & state average

Source: Tennessee Department of Economic and Community Development Research

TalentHistorically outperformed state and US

TalentGrowth through in-migration

Source: Internal Revenue Service, 2009

50% of financial service workforce From Tampa, FL, 2008

82% of workforceFrom Los Angeles, 2006

42% of workforce80% of executives From Los Angeles, 2005

% of workforce that chose to relocate

Transfer AppealProven record of relocating talent

45% of IT workforce From Charlottesville, VA, 2012

90% of IT workforce From Lansing, MI, 2012

US TN WilliamsonCounty

EDUCATIONAL ATTAINMENTPopulation 25 years and over Associate's degree or higher 35.7% 29.3% 59.3%

Talent and Public EducationFar outperforms state and US

2006 2007 2008 2009 2010 20112012

Williamson Co 91.0 93.4 93.8 95.3 93.9 91.892.2

Tennessee 80.7 81.8 82.2 82.2 86.1 85.5 87.2

2006-2012 High School Graduation Rate

Public EducationRising standardized test scores

Williamson County Schools Average ACT Scores (2010-2012 Graduating Classes)

Note: 100% of students in Williamson Schools takes the ACT, even if they are not college bound

Public Education#1 priority and #1 differentiator

Source: Newsweek 2012

America’s Best High Schools 2012

Newsweek picks the best high schools in the country based on how hard school staffs work to challenge students with advanced placement college-level courses and tests. Just over 1600 schools—only six percent of all the public schools in the U.S.—made the list.

• Brentwood High School

• Ravenwood High School

• Franklin High School

• Page High School

4 schools in Williamson County were listed on Newsweek's Best High Schools list, more than any other county in Tennessee

TalentPipeline of future employees

Source: 2010 enrollment data

24 colleges and universities with 88,398 students8 community colleges with 32,103 students14 career colleges with 9,095 students

129,596 students currently enrolled in the Nashville region

+

Employer of ChoiceEvidence of strong applicant pool

Received 40,000 applications for 700 jobs in 2005

Received 4,000 applications before they posted a single job in 2010

Since 2000

Employment Growth

Population Growth

Unemployment RateLOW

Corporate relocations, growth of existing industry, & entrepreneurial dynamism

TalentSigns of sustained economic strength

“Jackson looked at a variety of different communities to open a regional headquarters office. We ultimately selected Williamson County because of the strong talent pool due to its proximity to nationally recognized academic institutions, the quality of life the area offers our employees, and most of all the welcoming spirit of the local community. We couldn’t be happier with our decision.”

Mike Wells, President & CEO of Jackson National Life Insurance

Economic DiversityRisk is minimized through balance of sectors

Source: U.S. Bureau of Labor Statistics, 2011

Employment Distribution, US vs. Williamson County

US Williamson Co.

Sector GrowthSignificant growth in management subsector

Source: Nashville Business Journal, June 2012http://www.bizjournals.com/nashville/print-edition/2012/06/08/williamson-countys-growth.html?s=image_gallery

Corporate ImageOver 200 companies with corporate functions

Top 25 Largest Private Sector Employers

COMPANY NAMELOCAL

EMPLOYEES DESCRIPTION OF OPERATION

Community Health Systems Inc. 4500 Operator of non-urban general acute care hospitals

Nissan Americas 1600 Automotive corporate headquarters for North and South America

Williamson Medical Center 1412 County-owned hospital

HCA 1400 Patient accounting service center and physician services

Verizon Wireless 1300 Tennessee state headquarters for wireless carrier

Comdata Corporation 890 Transaction process solutions including payroll services

Ford Motor Credit 800 Customer care center for finance department

United Health Group (formerly AIM HealthCare Services) 750 Claims resolution and healthcare information management

Mars Petcare US 750 Headquarters for private label dry & semi-moist pet food co.

Lee Company 700 Integrated facility solutions; commercial & residential

MedSolutions Inc. 692 Radiology management products

Tractor Supply Company 664 Owns and operates retail farm and ranch stores

Affinion Group 650 Designs and markets customer engagement and loyalty solutions

Healthways 600 Proactive custom health & care plans

Vanderbilt Medical Group 500 Physician services

AT&T 500 Disaster recovery center, call center, and retail stores

DaVita 455 Billing office for company that provides dialysis services

Brookdale Senior Living 450 National senior living and health care provider

LifePoint Hospitals 415 Operates hospitals in non-urban areas

Lasko Metal Products Inc. 360 Manufacturer of fans, humidifiers and heaters

Ozburn-Hessey Logistics 345 Provider of global supply chain management solutions

The Lampo Group (Dave Ramsey) 340 Financial seminars, radio show, television show, and web

Lattimore Black Morgan & Cain 270 Professional services organization

Jackson National Life Insurance Company 260 Offers variable, fixed and fixed index annuities, and institutional products

Apcom, Inc. 250 Divisional headquarters & drain valves, testing elements thermostats

For a complete list of major employers by sector, please visit:http://williamsonprospers.com/why-williamson/look-whos-here/

Low cost of doing business

Local property tax rate ranges from $2.31 to $3.60 per $100 of assessed value

3rd lowest county tax rate in Nashville region Ranks below the average Tennessee county tax rate No state income tax$

CredentialsConsistently ranked near the top

CredentialsBusiness friendly

3 of top 5 are from Williamson County, including #1 and #2

CredentialsConsistently ranked near the top

One of the Best Cities for Startups

1. Boulder, CO2. Boca Raton, FL3. Santa Monica, CA4. Bend, OR5. Irvine, CA

6. Cambridge, MA7. Bellevue, WA8. Franklin, TN9. San Francisco, CA10. Rockville, MD

Ranking by: ZoomProspector.com and Bloomberg Businessweek 2010

CredentialsConsistently ranked near the top

Healthiest County in Tennessee

Source: 2012 County Health Rankings & Roadmapshttp://www.countyhealthrankings.org/app/tennessee/2012/williamson/county/1/overall

Health Outcomes 1Mortality 1Morbidity 1

Heath FactorsHealth Behaviors 1Clinical Care 1Social & Economic Factors 1Physical Environment 7

How do Williamson County residents feel?

2012 data for Williamson Co, TN

Start-up activityHealthy culture of entrepreneurship

24% of the fastest growing private companies in Tennessee from the

2012 Inc. 500║5000 are in Williamson County

The home for business

12 of the 25 largest publicly traded companies in the Nashville region call

Williamson County home, including #1-#5

and 7 of the top 10

Who has grown jobs in Nashville?

Nashville Region County % Employment Growth, 2007-2011

Nashville Region = 4.3%

2011 Where the jobs are

Source: Money.com “Where the jobs are”, 2011

2012 The jobs are still coming here

Source: Money.com “Where the jobs are”, 2012

“Moving the headquarters and the sales and marketing organization [to Williamson County, TN in 2006], I think, was a significant competitive advantage for Nissan. Our results speak volumes as to whether it was the right decision. Our market share has grown significantly, and I attribute a big part of our success and our potential to the fact that we are located here.“

Bill Krueger, Vice Chairman of Nissan Americas

305 Public Square, Suite 214Franklin, TN 37064

Matt Largen, Director615.261.2880

[email protected]/MattLargen