2020 By the Numbers

16

Expansions/
Announcements

1218

New Job
Opportunities

75

New Attraction
Projects Worked

$315M

Total Investment

SEDA Top 10 of 2020

2020 was like no other – and while we all had to adapt, our mission and focus remained the same – to create new job opportunities and investment in the Savannah region. SEDA’s 2020 Top 10 include:

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Business Development

2020. Thousands of new job opportunities created. Millions of dollars invested. Countless square feet now occupied. Those who do business here, chose to grow here. Those who explored new opportunities, realized their potential here. Product development in our region for now and the future. These are the cornerstones of successful business development and demonstrate the continued viability of our region.

Savannah Regional Film Commission

The impact of COVID was directly felt worldwide on the entertainment production industry. In 2019, the Savannah region saw a direct spend of $125.7 million and in 2020 the direct spend was $21.4 million.

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World Trade Center Savannah

Over the past nine years, World Trade Center Savannah (WTCSav) has evolved to meet the needs of our partners and Coastal Georgia but our mission still stands true:

  • Help regional businesses do business internationally
  • Help facilitate direct investment opportunities for the region
  • Generate revenue to support these activities

Group of men holding an award smiling

Brodie International President accepts the WTCSav International Business of the Year from Georgia Southern University President Dr. Kyle Marrero. Also pictured is WTCSav President and CEO Trip Tollison and Development Authority of Bulloch County CEO Benjy Thompson.

“We are honored to be a part of this day and event and honored to present the 2020 International Business of the Year award to our dear friends at Brodie International.”

- Dr. Kyle Marrero, President Georgia Southern University

“We are makers, innovators and leaders here and we take great pride in being recognized as a company that advances our region internationally. Thank you for considering us for and honoring us with this award.”

- Ruprecht von Gwinner, President Brodie International

In October, World Trade Center Savannah announced that Brodie International was the recipient of the 2020 World Trade Center Savannah International Business of the Year. The award was given during an outdoor ceremony with Brodie employees and local representatives and presented by Georgia Southern University’s President Kyle Marrero.

Brodie is a world class manufacturer of positive displacement technology metering solutions for liquid transfer applications in the energy industry. Brodie has perfected the positive displacement technology to an extent that these meters are the most accurate meters for custody transfer application on the global market today. Brodie has become a supplier of integrated systems in recent years and sold a large oil measurement system to a Chinese customer for $6 million just last year. The company is in the process of introducing lean manufacturing to its shop floor with the help of Georgia Southern University which will allow Brodie to be a stronger supplier for the oil industry in years to come.

“We really love honoring companies in our region that make global impacts and lead the way in international business,” said World Trade Center Savannah President and CEO Trip Tollison. “Brodie International is an ideal recipient of this award because the staff and leadership here at Brodie continue to work incredibly hard to distinguish themselves as an industry leader in the global market.”

Given annually, the World Trade Center Savannah International Business of the Year Award recognizes companies that excel in international trade and acknowledges the importance of trade to the region’s economy. This year’s award was sponsored by Georgia Southern University.

WTCSav International Business of the Year Award

Brodie International was the 2020 recipient of the WTCSav International Business of the Year.

“We are honored to be a part of this day and event and honored to present the 2020 International Business of the Year award to our dear friends at Brodie International,” said Georgia Southern University President Dr. Kyle Marrero said during the ceremony. “It takes effort from every business and organization to put Bulloch County on the international map, and Brodie is leading the way and setting a tremendous example for other local companies.”

Formed in 1928, Brodie’s Statesboro campus is where employees design, engineer and manufacture world class measurement and control solutions. The 165,000 square foot International Organization for Standardization (ISO)-certified facility contains one of the largest flow calibration centers in North America.

“To be the recipient of World Trade Center Savannah’s 2020 International Business of the Year award is a true honor to everyone here at Brodie,” said Brodie International President Ruprecht von Gwinner. “We are makers, innovators and leaders here and we take great pride in being recognized as a company that advances our region internationally. Thank you for considering us for and honoring us with this award.”

Brodie International was nominated by the Development Authority of Bulloch County staff and leadership.

“It was an easy choice for us to nominate this outstanding local company,” said Development Authority of Bulloch County CEO Benjy Thompson. “We are incredibly proud that they received this recognition and look forward to how they will impact our county in the future.”

This award is presented to encourage and recognize exemplary corporate leadership for international business or trade that advances relations between the U.S. and other nations as well as creates quality jobs in the region.

Two women standing in front of a banner with the text World Trade Center Savannah on it

Foster Beelief's Karen Perez and Sade Shofidiya

“This competition is unique as it unites students around the important mission of creating peace through trade, and it allows us to connect with the leaders of tomorrow and to expand our community of young talent for the World Trade Centers Association”

Robin van Puyenbroeck, WTCA Executive Director of Business Development

World Trade Centers Association Foundation (WTCAF), an affiliated organization with World Trade Centers Association (WTCA), announced in September that two Savannah State University students were named the winner of the 2020 Peace Through Trade Competition. The all-female team’s entry, Foster Beelief, is a student-led honeybee charity that works to promote sustainability through the education of the at-risk honeybee population, increasing STEM interests and environmental stewardship, building stronger industry and community partnerships and increasing citizen involvement in communities.

The Foster Beelief team willl present their project to the entire World Trade Centers Association membership in 2021.

“This competition is unique as it unites students around the important mission of creating peace through trade, and it allows us to connect with the leaders of tomorrow and to expand our community of young talent for the World Trade Centers Association,” said WTCA Executive Director of Business Development Robin van Puyenbroeck when announcing the winner.

After being named a top three finalist among applicants from all around the globe, the Foster Beelief team ultimately won against two other teams in Mumbai, India and Winnipeg, Canada. World Trade Center Savannah (WTCSav) and National Office Systems sponsored the nomination of Foster Beelief.

The Foster Beelief team, otherwise known as “The Hive,” is comprised of two women. Sade Shofidiya, a former WTCSav intern and current graduate student at Savannah State University (SSU), is from Chicago, Ill., and serves as the team’s Chief Executive Officer. Foster Beelief’s Chief Logistics Officer Karen Perez is a Fall 2020 intern for WTCSav from Dallas, Texas, and is currently in her fourth year at SSU.

“We're honored to be first place and we look forward to presenting in front of the World Trade Centers Association General Assembly,” said Shofidiya. “This is our time, to be the change the world needs and open doors of opportunity for marginalized groups to learn and engage in sustainable practices. We are one planet, and like the honeybees, we are one hive. We believe in a world of environmental and social justice and we will continue to strive until there is a universal network of caring people that are changing our world for the better.”

“We are so proud of the Foster Beelief team,” said President of National Office Systems and World Trade Centers Association board member Scott Center. “Their project is vitally important, and it is absolutely remarkable how this endeavor tackles so many issues troubling our world today head on. Health, environment, poverty, immune systems, nutrition and urban food deserts are all addressed through the Foster Beelief initiative. National Office Systems hopes to get a hive in the garden of our new showroom!”

Foster Beelief is a double pronged initiative. On one hand, Foster Beelief’s educational outreach program promotes an appreciation for wildlife, sustainable practices and pro-citizen behavior amongst low-income communities. On the other side, the consumable plants from Foster Beelief’s pollinator gardens will function as a food source for both the honeybee and these communities impacted by food deserts, thus fulfilling the social need for healthier food options in marginalized communities while helping to sustain the honeybees.

“On behalf of the World Trade Center Savannah Board of Directors, I extend my sincerest congratulations to the Foster Beelief team,” said Chairman of the WTCSav Board John Petrino. “What an honor it is to be recognized among nominees from all around the globe. We are incredibly proud of the time and devotion that these students poured into their project, and we are excited to see where their innovation will take them in the future.”

The Peace Through Trade Competition is a student contest for the next generation of entrepreneurial leaders hosted by WTCAF. Teams are asked to present an original project, product or other innovative idea that “exemplifies and promotes social innovation and sustainability through collaboration, fair trade and ethical business practices.” The project also needed to address one of the 17 United Nations Sustainable Development Goals. Foster Beelief addressed seven of these goals.

Accountants/CPA Firms
Attorneys
Consultants
Contract Furnishings/ Interior Design
Retail

The Work We Do Marketing and Events

Letters

Headshot of John Coleman

John Coleman

Chairman, Savannah Economic Development Authority
Bonitz of Georgia, Inc.

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Headshot of Trip Tollison

Hugh "Trip" Tollison

President and CEO, Savannah Economic Development Authority
 

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Headshot of John Petrino

John Petrino

Chairman, World Trade Center Savannah
Georgia Ports Authority
 

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The Financials

Independent Auditor’s Report

To the Board of Directors of
Savannah Economic Development Authority

We have audited the consolidated statements of net position of the Savannah Economic Development Authority (SEDA) and affiliates, as of December 31, 2020 and 2019, and the related consolidated statements of revenues, expenses, and changes in fund net position and of cash flows for the years then ended.

The accompanying condensed financial information of SEDA as of and for the years ended December 31, 2020 and 2019 is not a presentation in conformity with accounting principles generally accepted in the United States of America. Reading the condensed financial statements therefore, is not a substitute for reading the audited financial statements of SEDA.

Management’s Responsibility
Management is responsible for the preparation and fair presentation of the consolidated financial statements.

Auditor’s Responsibility
Our responsibility is to express an opinion on the consolidated financial statements based on our audit.

Opinion
In our opinion, the accompanying condensed financial information is fairly stated, in all material respects, in relation to the portion of the basic financial statements from which it has been derived.

Other Matters
SEDA has not presented the management’s discussion and analysis that the Governmental Auditing Standards Board has determined is necessary to supplement, although not required to be a part of, the basic financial statements.


Holland, Henry & Bromley, LLP
Holland, Bromley, Barnhill & Brett, LLP
Savannah, Georgia
May 19, 2021


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