Missouri's Business Case
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Transcript of Missouri's Business Case
Real Opportunities:Missouri’s Business Case
Land and Logistics
Land and Logistics ❚ 69,702 square miles (180,527 sq km) ❚ 21st largest of the 50 states
Land and Logistics
the population center of the U.s.
❚ Just two days from most major U.s. cities ❚ Within 600 miles of 50% of U.s. households ❚ Within 600 miles of 52% of manufacturing establishments
1,200 miles 600 miles
Kansas cityomaha
MinneapolisMilwaukee
chicagodetroit
clevelandcolumbus
indianapolisst. Louis
charlottenashvilleMemphis atlanta
Wichitaoklahoma city
dallasaustin
Houston
denver
Land and Logistics
the population center of the U.s.
❚ Just two days from most major U.s. cities ❚ Within 966 km of 50% of U.s. households ❚ Within 966 km of 52% of manufacturing establishments
1,931 km 966 km
Kansas cityomaha
MinneapolisMilwaukee
chicagodetroit
clevelandcolumbus
indianapolisst. Louis
charlottenashvilleMemphis atlanta
Wichitaoklahoma city
dallasaustin
Houston
denver
Land and Logistics
20,000 – 50,000
50,000 – 100,000
100,000 – 200,000
200,000 – 2,000,000
2,000,000+
Maryville
st. Joseph
Kansas city
JoplinBranson
springfieldLebanon Fort Leonard
Wood
RollaFarmington
cape girardeau
sikestonPoplar Bluff
Kennett
st. LouisJefferson citysedalia
Marshall
Warrensburg
West Plains
columbiaMexico
MoberlyHannibal
Kirksville
Missouri’s many metropolises
Land and Logistics
a stable and beautiful environment
❚ no drought- or earthquake-related Presidential disaster declarations
❚ Moderate temperatures ❚ adequate rainfall
Land and Logistics
Jan
5”
4”
3”
2”
1”
sepMay annualMar novJulFeb octJunapr decaug
2.40
4.11
2.242.993.32 3.13
3.69 3.33
4.723.914.28
2.843.41
Missouri’s mean precipitation (1981-2010)
❚ Source: NOAA Climate Normals, St. Louis, MO, 1981–2010
Land and Logistics
Jan
80°F
70°F
50°F
30°F
0°FsepMay annualMar novJulFeb octJunapr decaug
31.8
80
36.3
78.6
46.3
70.457.3 58.7
66.8
46.8
75.9
34.7
57.1
Missouri’s mean temperature (1981-2010)
❚ Source: NOAA Climate Normals, St. Louis, MO, 1981–2010
Land and Logistics
1,000 miles of navigable waterways
❚ the two largest river systems in north america ❚ the northernmost ice-free ports in the U.s.
Public port
Land and Logistics
1,609 km of navigable waterways
❚ the two largest river systems in north america ❚ the northernmost ice-free ports in the U.s.
Public port
Land and Logistics
interstate access to many U.s. markets
❚ 18 interstates ❚ 33,677 miles of uncongested highways
69
62
61
59 169
412
159
Land and Logistics
interstate access to many U.s. markets
❚ 18 interstates ❚ 54,198 km of uncongested highways
69
62
61
59 169
412
159
Land and Logistics
short drive to an airport anywhere in the state
❚ 130 airports ❚ nine airports with commercial service
Land and Logistics
international flights and foreign trade zones
❚ two airports with international service ❚ three foreign trade zones
Land and Logistics
CNCSXNSUP
KCSBNSFCP
one of the best states for rail in the U.s.
❚ six class i carriers ❚ Home to two of the largest rail terminals in the nation
❚ access to east and west coasts
CNCSXNSUP
KCSBNSFCP
cncsXns
KcsBnsFcP
UP
Business Climate
BUsiness cLiMate
lowest business energy costs (Small Bus. and Entrepreneurship Council)lowest business costs (CNBC)best transportation system (CNBC)lowest cost of living (CNBC)most pro-business state (Pollina Corporate Real Estate)best corporate tax index (Tax Foundation)best unemployment insurance tax index (Tax Foundation)
❚ Missouri consistently ranks as one of the most business-friendly environments in the U.s. across a number of categories
Missouri ranks in the top ten of the U.s. for...
Business Climate ❚ over 4,000 engineering degrees awarded in 2010, almost half of these in mechanical and electrical engineering
❚ 138 post-secondary degree-granting institutions
Human resources: a trained workforce
nebraska 999,312
iowa 1,659,400
illinois 6,592,838
Missouri 3,052,630
Kansas 1,502,614
Kentucky 2,076,521
tennessee 3,099,811arkansas
1,354,895oklahoma 1,754,040
BUsiness cLiMate
Largest employment sectors
transportation
Professional/technical
Finance/insurance
Public administration
accommodation/Food
education servicesManufacturing
Retail trade
Health care
all other sectors
construction
Business Climate
states with the largest workforces...
❚ Workforce as measured by the Bureau of Labor statistics
❚ Manufacturing accounts for 9.5% of Missouri’s workforce
Business Climate
...and low business and energy costs
❚ third lowest business costs (CNBC) ❚ eighth lowest business energy costs (Small Business & Entrepreneurship Council)
Industries
IndustrIes
Missouri’s industries
❚ advanced manufacturing ❚ energy solutions ❚ Biosciences ❚ Health care sciences and services ❚ transportation and logistics ❚ Financial and professional services ❚ information technology
International
inteRnationaL
top 2011 exports
❚ total exports reached $14,145,445,175 ❚ Missouri’s fastest growing export industries in the last five years are food & kindred products, chemicals, minerals/ores, waste/scrap, and machinery
transportation equipment ......................................... $3,345,697,084chemicals ..................................................................... $2,671,243,078Machinery, except electrical .................................... $1,448,594,287Food and Kindred Products ........................................$1,398,187,155Minerals and ores ..........................................................$748,203,709computer and electronic Products ............................ $670,058,420Waste and scrap ........................................................... $580,830,296electrical equipment, appliances, component ......... $565,083,989Fabricated Metal Products, nesoi .............................. $556,644,490agricultural Products .................................................... $449,648,674
InternatIonal
0
5000
10000
15000
20000
25000 Missouri’s top ten export markets (2007-2011)
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Mex
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Repu
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orea
chin
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Japa
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Belg
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germ
any
Unite
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Braz
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net
herla
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❚ international companies have more than 1,900 establishments in Missouri
InternatIonal ❚ Foreign born population in Missouri: 216,698
Foreign born population in Missouri
europe
asiaafrica
oceania
canada and other northern america
central and south america
Missouri’s Successes
Missouri successes ❚ 10 Fortune 500 companies are headquartered in Missouri
Missouri successes
apex oil
❚ 9 of Forbes’s largest private companies are headquartered in Missouri
Missouri successes ❚ top row: nordic WindPower, alpla, and iBM ❚ Bottom row: Unisys and Jet Midwest
Ribbon cuttings for new Missouri businesses
christopher chung chief executive officerMissouri Partnership 314.725.0949 www.missouripartnership.com
g. subash alias VP Business RecruitmentMissouri Partnership 314.725.0949 www.missouripartnership.com
dennis Pruitt VP international Business RecruitmentMissouri Partnership 314.725.0949 www.missouripartnership.com
clint o’neal VP Business RecruitmentMissouri Partnership 314.725.0949 www.missouripartnership.com