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A Behind the Scenes Perspective of How Sany America Came to Fayette County, Georgia February 12, 2009 Matt Forshee President/CEO
Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
 
 
 
FCDA Organization Breakdown
Marketing ,[object Object],[object Object]
Marketing ,[object Object],[object Object]
Project Management ,[object Object],[object Object]
Research ,[object Object],[object Object]
Economic Development in Georgia
Site Selection: Project Origins ,[object Object]
Site Selection: Project Origins Sany began a comprehensive nationwide site search , which considered  several Metro Areas.
SANY: The Company ,[object Object],[object Object],[object Object],[object Object],[object Object]
Sany: The Company ,[object Object]
Sany: The Products
Sany: The Products
Sany: The Products
Sany: The Products
Sany: The Products
Sany: The Products
Sany: The Products
Sany: The Products
Sany: The Projects ,[object Object]
Sany: The projects Sany equipment has been involved in the construction of the Three Gorges Dam on the Yangtze River, the largest hydro-electric power station in the world.
Site Selection: Project Origins ,[object Object]
Site Selection: Timeline Summary 2005 2006 Representatives from Sany make initial contact with the Metro Atlanta Chamber of Commerce SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2005 2006 Initial Georgia Team is built SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2005 2006 Initial Sites Submitted for an assembly facility: McDonough (I-75) & Palmetto (I-85) SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2005 2006 Additional Sites Submitted: Waynesboro (I-20),Griffin (I-75) & McDonough(I-75) SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2005 2006 DEcD and GPC meet with Sany at World of Concrete Trade Show in Las Vegas, Nevada. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2005 2006 Additional Sites Submitted: Stockbridge (I-75), Newnan (1-85) and Morrow (I-75). SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2005 2006 Sany changes the parameters dramatically. The project is reduced to a small warehouse for parts, 1-2 acres & 30,000 sf, to be operated as Synnium. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2005 2006 Georgia Team begins looking for new sites that meet parameters for small distribution location. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2005 2006 Project returns to original parameters for Assembly & adds HQ function. Peachtree City site is proposed on paper to Sany. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2005 2006 Local team is added. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Sany: The Site ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Site Selection: Timeline Summary 2005 2006 Sany officials first visit Peachtree City. First incentive proposal is sent to Sany’s Board of Directors. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2006 2007 DEcD and GPC make 2 nd  trip to WOC in Las Vegas to call on Sany’s project team. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Timeline Summary 2006 2007 A revised proposal of incentives from DEcD and Fayette County  is sent to Sany’s Board of Directors. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Incentives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Site Selection: Incentives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Site Selection: Timeline Summary 2006 2007 DEcD and GPC team makes 1 st  trip to China to call on Sany. Visits headquarters in Changsha.  SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: China Visit #1 Company reps had indicated several times that Georgia was at a disadvantage by not having visited the board members in China
Site Selection: The Grand Tour
Site Selection: Timeline Summary 2006 2007 FCDA and Pathway Communities accompany DEcD and GPC on 2 nd  trip to Changsha and Sany’s HQ.  SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Sany: Fayette goes to Changsha
Sany: Fayette goes to Changsha
Site Selection: Timeline Summary 2006 2007 Sany Board of Directors votes 8-1 to select Georgia over competing other states and cities.  SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Site Selection: Announcement Sept 2007: Sany publicly announces intent to locate NA HQ and Assembly in Peachtree City. From Sept 05 to Sept 07, process was a  2-year  effort!
Site Selection: Announcement Initial investment announced was $30MM USD, now revised to roughly $70MM USD. It will employ up to 600 people over 10 years.
After Site Selection: Legal Docs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sany: Proposed Site Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sany: Proposed Site Plan
Sany: Proposed Site Plan
Sany: Proposed Site Plan
Sany: Proposed Site Plan
Sany: Lessons Learned Time was always on Sany’s side (and they used it!) To balance this, we had to formulate unique qualifiers and expirations for land and incentives.
Sany: Lessons Learned Sany’s site selection process was very unique and quite different from most US or European companies. The process could be quite frustrating at times.
Sany: Lessons Learned The Chinese concept of Guanxi has no true comparison in Western Culture. You must understand the implications to succeed in Chinese business, industry & society.
Sany: Lessons Learned There are some major visa issues for permitting Chinese Nationals to work in the US, but the companies are also aware of the tax benefits to rotating employees.
Sany: Lessons Learned To do business in China,  you have to experience China.
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],200 Courthouse Square Fayetteville, GA 30214

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Importing Chinese Industry to Georgia

  • 1. A Behind the Scenes Perspective of How Sany America Came to Fayette County, Georgia February 12, 2009 Matt Forshee President/CEO
  • 2.
  • 3.  
  • 4.  
  • 5.  
  • 6.  
  • 7.  
  • 9.
  • 10.
  • 11.
  • 12.
  • 14.
  • 15. Site Selection: Project Origins Sany began a comprehensive nationwide site search , which considered several Metro Areas.
  • 16.
  • 17.
  • 26.
  • 27. Sany: The projects Sany equipment has been involved in the construction of the Three Gorges Dam on the Yangtze River, the largest hydro-electric power station in the world.
  • 28.
  • 29. Site Selection: Timeline Summary 2005 2006 Representatives from Sany make initial contact with the Metro Atlanta Chamber of Commerce SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 30. Site Selection: Timeline Summary 2005 2006 Initial Georgia Team is built SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 31. Site Selection: Timeline Summary 2005 2006 Initial Sites Submitted for an assembly facility: McDonough (I-75) & Palmetto (I-85) SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 32. Site Selection: Timeline Summary 2005 2006 Additional Sites Submitted: Waynesboro (I-20),Griffin (I-75) & McDonough(I-75) SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 33. Site Selection: Timeline Summary 2005 2006 DEcD and GPC meet with Sany at World of Concrete Trade Show in Las Vegas, Nevada. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 34. Site Selection: Timeline Summary 2005 2006 Additional Sites Submitted: Stockbridge (I-75), Newnan (1-85) and Morrow (I-75). SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 35. Site Selection: Timeline Summary 2005 2006 Sany changes the parameters dramatically. The project is reduced to a small warehouse for parts, 1-2 acres & 30,000 sf, to be operated as Synnium. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 36. Site Selection: Timeline Summary 2005 2006 Georgia Team begins looking for new sites that meet parameters for small distribution location. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 37. Site Selection: Timeline Summary 2005 2006 Project returns to original parameters for Assembly & adds HQ function. Peachtree City site is proposed on paper to Sany. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 38. Site Selection: Timeline Summary 2005 2006 Local team is added. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 39.
  • 40. Site Selection: Timeline Summary 2005 2006 Sany officials first visit Peachtree City. First incentive proposal is sent to Sany’s Board of Directors. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 41. Site Selection: Timeline Summary 2006 2007 DEcD and GPC make 2 nd trip to WOC in Las Vegas to call on Sany’s project team. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 42. Site Selection: Timeline Summary 2006 2007 A revised proposal of incentives from DEcD and Fayette County is sent to Sany’s Board of Directors. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 43.
  • 44.
  • 45. Site Selection: Timeline Summary 2006 2007 DEcD and GPC team makes 1 st trip to China to call on Sany. Visits headquarters in Changsha. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 46. Site Selection: China Visit #1 Company reps had indicated several times that Georgia was at a disadvantage by not having visited the board members in China
  • 47. Site Selection: The Grand Tour
  • 48. Site Selection: Timeline Summary 2006 2007 FCDA and Pathway Communities accompany DEcD and GPC on 2 nd trip to Changsha and Sany’s HQ. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 49. Sany: Fayette goes to Changsha
  • 50. Sany: Fayette goes to Changsha
  • 51. Site Selection: Timeline Summary 2006 2007 Sany Board of Directors votes 8-1 to select Georgia over competing other states and cities. SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
  • 52. Site Selection: Announcement Sept 2007: Sany publicly announces intent to locate NA HQ and Assembly in Peachtree City. From Sept 05 to Sept 07, process was a 2-year effort!
  • 53. Site Selection: Announcement Initial investment announced was $30MM USD, now revised to roughly $70MM USD. It will employ up to 600 people over 10 years.
  • 54.
  • 55.
  • 60. Sany: Lessons Learned Time was always on Sany’s side (and they used it!) To balance this, we had to formulate unique qualifiers and expirations for land and incentives.
  • 61. Sany: Lessons Learned Sany’s site selection process was very unique and quite different from most US or European companies. The process could be quite frustrating at times.
  • 62. Sany: Lessons Learned The Chinese concept of Guanxi has no true comparison in Western Culture. You must understand the implications to succeed in Chinese business, industry & society.
  • 63. Sany: Lessons Learned There are some major visa issues for permitting Chinese Nationals to work in the US, but the companies are also aware of the tax benefits to rotating employees.
  • 64. Sany: Lessons Learned To do business in China, you have to experience China.
  • 65.