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The Strategic Early Warning Network

The Strategic Early Warning Network. Saving Pennsylvania Jobs, One Company at a Time. Strategic Early Warning Network. Statewide Coverage & Regions. Strategic Early Warning Network. Key Statistics 2012-2013. Big Bucket Statistics 536 jobs saved in Central for FY 12-13

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The Strategic Early Warning Network

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  1. The Strategic Early Warning Network Saving Pennsylvania Jobs, One Company at a Time.

  2. Strategic Early Warning Network Statewide Coverage & Regions

  3. Strategic Early Warning Network Key Statistics 2012-2013 • Big Bucket Statistics • 536 jobs saved in Central for FY 12-13 • 29 companies active, 15 in ”critical condition” • 14 Counties served • 1899 total affected employees in those counties • 7 counties in which multiple companies are served • Good penetration of the territory north and south • Two groups of companies: • Larger (above 50 employees) equaling 14 • (above 50 emp.) averaging 116(prior 128) employees • Smaller (below 50 employees) equaling 15 • (below 50 emp.) averaging 19 employees (prior 22) employees • Client “on-boarding” is steady and expected to increase in February to prior year averages of one per week.

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  7. Strategic Early Warning Network Key Regional Issues Can be categorized into major presenting issues within the current mix of clients • Succession Related issues • Fragmented and Consolidating Industries • Market Positioning & Repositioning • Access to Capital • Costing and Pricing and Cash Modeling • Financial Restructuring • Capitalization of Growth • Equity & Investor Management

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  9. Strategic Early Warning Network Key Regional Impacts • Unemployment Compensation Saved: • 2012/13: 536 jobs x ($355 p/wk x 18 wk)= $3,425,040 • Costs Per Job Saved: • 2012/13: 536 jobs saved x $1119 p/job = $599,784 • Costs to Create Equivalent Jobs (x $25,000 p/job) • 2012/13: 536 jobs saved x $25,000 = $13,400,000 • *Multiplier Effect (x 4):*One manufacturing job supports 2 supplier jobs and 2 consumer jobs. • UC dollars saved - $13,700,160 • Job creation dollars saved - $53,600,000 • Total Cost Avoidance - $67,300,160 State Unemployment Averages

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  13. Strategic Early Warning Network Referrals & Reciprocal Networks Pull-through strategies

  14. ContactInformation Central Pennsylvania SEWN Office (Region 2) Patrick Meese Director Capitol Office SEWN 301 Chestnut St., Suite 103 Harrisburg, PA O) 717.901.6030 C) 717.968.6252 Email: sewncentral@steelvalley.org

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