Greater Memphis Chamber senior vice president of economic development Mark Herbison presents to French officials representing Charles de Gaul Airport in Paris, France.
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MEM - CDG: In Perfect Alignment
1. Bienvenue á Memphis
Presentation Title:
“MEM – CDG: In Perfect Alignment”
Presented by: Mark Herbison
Senior VP, Economic Development
Greater Memphis Chamber
Monday, 29 March 2010
2. Meeting Objectives
1) Launch a collaborative relationship between the
two Aerotropoli
2) Share the MEM experiences & plans with our
friends from CDG
3) Learn more about the CDG development and
organizations involved
4) Foster the development of mutual business
opportunities in both CDG and MEM.
5) Have some FUN Memphis style.
4. MEM - CDG
“In Perfect Alignment”
Presented by
Mark Herbison
Senior V.P., Economic Development
Greater Memphis Chamber
5. Leading Urban Area
• Metro of 1.2 million
• Largest city in Tennessee
• 22nd - largest city in the U.S.
• 2nd - largest city in the Southeast
• Hardwood lumber capital of the world
• Largest spot cotton trading market in the
world
6. World Class Companies
• 3 Fortune 500 world
headquarters
• World HQ for FedEx –
one of Fortune’s “Most
Admired” American
Companies
• 4 Black Enterprise 100
12. America’s Aerotropolis
• World’s busiest cargo airport
for 18 consecutive years
• 3rd largest rail center in the U.S.
• 4th largest inland port
• 3rd-busiest trucking corridor in
the U.S
• Largest share of logistics
workers in the US
13. Memphis International Airport
Passenger Operations
• Delta Airlines Hub
• 36th busiest passenger airport
• 9.9M passengers in 2009
• 11th overall in U.S. for 2010 North
America Airport Satisfaction Study
* As of March 2010
14. Memphis International Airport
Cargo Operations
• World’s busiest cargo
airport for since1992
• Shipped 3.6 million
metric tons in 2009
• 9 all-cargo airlines
15. Memphis International Airport
2009 Local Economic Impact
- Created $28.6 billion in goods and
service
o
o
- 220,000 jobs created and sustained
- 1 in 3 jobs linked to the Airport
* Based on the 2009 Airport Economic Impact Study
16. Memphis International Airport v.
Charles De Gaulle Int’l Airport
Memphis
International Charles De Gaulle
2009 of Passenger Traffic 9,882,153 57,884,954
# of Commercial Airlines 26 158
# of Cargo Airlines 9 16
2008 Cargo Tonnage 3,695,438 2,280,050
Distance to Downtown 10 miles / 16km 16 miles / 25 km
17. The FedEx Effect
• Employs 238,000 workers worldwide
• World HQ and SuperHub in Memphis
• #68 on the Fortune 500
18. Power of Location
Here are some companies that relocated to
Memphis to take advantage of FedEx:
19. Road
• 400+ trucking companies operate in
Memphis
• Service to all 48 contiguous states as well as
Canada and Mexico.
• Access to 4 major U.S. interstates
• Access to 6 U.S. Highways
22. Rail
• 5 Class I Railroads • 8 Intermodal Facilities
Capital
Investment Total Annual Lift
Railroad (2005-2009) Capacity
Burlington Northern
Santa Fe $200,000,000 1,000,000
Norfolk Southern $129,000,000 450,000
CSX Transportation $25,000,000 200,000
Canadian National $130,000,000 200,000
Union Pacific $70,000,000 370,000
Totals $554,000,000 2,220,000
23.
24. River
• 2nd-largest inland port on the Mississippi River
• 4th-largest inland port in the U.S.
• 18 million tons of cargo annually
• Largest still water harbor on the Mississippi River
25. Manufacturing
• There are a total of 1,017 manufacturing
companies in the Memphis MSA
• Area major manufacturers include:
–
–
–
• Financial / Tax Incentives
26. Medical & Bioscience Center
• 2nd-largest orthopedic device manufacturing
center in the U.S.
• Home to St. Jude Children’s Research Hospital
• $450M Biotech Research Park currently under
construction
• 4 Medical Schools
27. # of
International Trade Country # of firms Employees
France 6 3,617
• In 2008, 11M tons U.K. 24 3,165
Japan 17 2,603
of freight in goods Canada 12 2,103
originated or Netherlands 16 734
Germany 15 535
terminated in Mexico 7 240
Memphis Italy 3 168
- Ireland 3 116
China 1 100
Sweden 3 91
South Korea 6 34
Australia 6 69
Totals 119 13,575
Source: TN Department of Economic & Community Development