redi fact book 11
TRANSCRIPT
8/3/2019 REDI Fact Book 11
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Regional Economic Development, Inc.Serving Columbia/Boone County Missouri since 1988
2011
Fact Book
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Thank you for your interest in Columbia, Missouri. There are numerous
reasons to locate in this area, many of which are outlined on the following
pages. Additional information, including downloadable demographic data, can
be found online at www.columbiaredi.com.
REDI (Regional Economic Development, Inc.) represents Boone County and thecommunities of Columbia, Ashland, Centralia and Hallsville. All provide an
educated workforce in a central location to Missouri and the rest of the nation.
Each is actively seeking economic development opportunities and has available
sites. In addition, Boone County is home to Missouri’s major research
institution, the University of Missouri, where a high-tech research center,
technology incubator and Discovery Ridge Research Park are available for
companies that benefit from close collaboration with world-class University
researchers.
In 2009, REDI joined forces with the Kansas City Area Development Council(KCADC) in the Kansas City Animal Health Corridor. The corridor is the largest
concentration of animal health resources in the world.
Columbia is Boone
County’s largest
population center
and has received
numerous national
awards and
recognitions. Some
of the enclosed
information pertains
to Columbia
specifically, while
other facts are
reported county-
wide. Whether you
locate to Columbia,
Ashland, Centralia
or Hallsville, their
close proximity to
one another enables
all Boone Countians
to take advantage of
the numerous
amenities available
throughout the
county.
AREA QUICK FACTS
The Docking•Instituteof Public Affairs
determined thatColumbia has aCivilian LaborForce of more than201,000 skilledworkers.
Average cost of•living isconsistently belowthe nationalaverage.
In 2009 the•commercial airservice atColumbia RegionalAirportexperienced itsbest year since2000. Delta AirLines continues toprovide excellent
service throughtheir Memphis hubwith convenientconnections todestinationsworldwide. In2010, all Deltaflights fromColumbia Regionalwill transitionfrom turboprops to50-seat regional
jets.
An estimated•30,891 workers(33%) of theavailable laborpool areunderutilized.
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LOCATION
Major citiessurround
Columbia,
which lies in
the Central
Time Zone.
Boone County is
centrally located
between Kansas
City and St. Louis
via Interstate 70
in Missouri.
Boone County
Boone County Populations
Columbia 102,324
Ashland 2,247Centralia 3,704
Hallsville 970
Source: 2009 U.S. Census Bureau Estimates
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EMPLOYMENT
The Civilian LaborForce for the nine-
county Columbia laborbasin is over 201,000
workers.
With the area’s consistent lower cost oliving, it takes less income to maintaina comfortable lifestyle compared toother areas of the country.
Household Income - Boone Count y
INCOMETOTAL
%HHOLDS
#
- $10,000 9.7% 6,177
$10,000 - $14,999 5.9% 3,758
$15,000 - $24,999 12.7% 8,087
$25,000 - $34,999 11.3% 7,189
$35,000 - $49,999 14.8% 9,387
$50,000 - $74,999 19.0% 12,072
$75,000 - $99,999 11.3% 7,158
$100,000 - $149,999 10.4% 6,639
$150,000 - 199,999 2.5% 1,610
$200,000 + 2.4% 1,545
100% 63,622
Mean HouseholdIncome
$60,096
Median HouseholdIncome
$44,787
Source: Source: 2005-2009 American CommunitySurvey 5-Year Estimates
Largest Employers
University of Missouri (MU)* 8,630
University Hospital & Clinics 4,279
Columbia Public Schools 2,140
Boone Hospital Center 1,647
City of Columbia 1,286
U.S. Department of Veterans Affairs** 1,250
Shelter Insurance Companies 1,171
MBS Textbook Exchange 1,084
State Farm Insurance Companies 1,043Hubbell Power Systems, Inc 680
Joe Machens Dealerships 613
State of Missouri (excludes MU)*** 557
Kraft Foods Columbia 522
Columbia College 490
Boyce and Bynum Pathology Labs 369
Boone County Government 365
ABC Laboratories, Inc 348
US Postal Service 341
Columbia Insurance Group 324Schneider Electric: Square D 300
MidwayUSA 294
Boone County National Bank 275
Watlow, Inc**** 270
U.S. Dept of Agriculture** 258
MFA, Inc 250
VA Mortgage Center 249
Frito-Lay/Quaker 240
CenturyLink 230
Woodhaven 220
3M 210
Source: Individual companies, unless noted* Includes MU, Extension and System employees
** Federal Office of Personnel Management
***Missouri Office of Personnel
****Harris Online Directory
Unemployment Rat es (Average)
Source: Missouri Economic Research and InformationCenter (MERIC)
5.8%5.4%
4.8%5.0%
6.1%
9.3% 9.4%
3.7% 3.5%3.2%
3.5%
4.3%
6.3% 6.3%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
2004 2005 2006 2007 2008 2009 2010
Missouri Boone County
+
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EMPLOYMENTcontinued
Miller’s Professional
Imaging takesadvantage of beingclose to the Universityof Missouri and therest of Columbia’stechnologicalcommunity. Accordingto Miller, his company“has seen greatsuccess in hiring teammembers. It would bedifficult to find a
better city.”
Richard Miller, CEOMiller’s ProfessionalImaging
Miller’s Professional Imaging
Mean Wage Rat es Per Hour
OCCUPATION COLUMBIA ST. LOUIS KANSAS CITY
Bookkeeping, Accountingand Auditing Clerks
$14.57 $16.70 $16.30
Computer Programmers $37.00 $34.02 $35.46
Database Administrators $29.80 $32.11 $34.42
Financial Analysts $22.82 $37.68 $36.55
First-Line Supervisors/Managers ofProduction and Operating Workers
$24.78 $28.50 $26.59
Industrial Machinery Mechanics $20.73 $23.43 $21.99
Laborers and Freight, Stock, andMaterial Movers, Hand $10.42 $13.04 $12.44
Medical and ClinicalLaboratoryTechnologists $25.25 $25.76 $25.94
Office Clerks, General $12.36 $14.59 $14.31
Receptionists and Information Clerks $10.37 $12.17 $12.50
Team Assemblers $14.52 $13.95 $14.52
Truck Drivers, Heavy and Tractor-Trailer $16.90 $20.14 $19.16
Source: US Bureau of Labor Statistics; May 2009 Occupational Employment and Wage Estimates
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POPULATION
Boone County’s population has increased by 30% since 1990.
Expansion Managementmagazine ratedColumbia a five-star
city in its 2007 Qualityof Life Quotient.Measured against 362other MSAs, Columbiafared well intraditional quality oflife indicators as wellas the quality of its:• public schools• adult educationlevels• lower crime rate
A notable segment (25.3%) of Boone
County’s population is between the
ages of 25 and 44.
Source: 2005-2009 American
Community Survey 5-Year Estimates
Population
Age Breakdown
0-4 years........................ 9,7395-9 years........................ 8,58110-14 years..................... 8,85515-19 years..................... 14,13620-24 years..................... 25,89225-34 years..................... 19,36335-44 years..................... 19,02945-54 years..................... 18,90155-59 years..................... 7,787
60-64 years..................... 5,70265-74 years..................... 7,12975-84 years..................... 5,06185+ years........................ 1,661Male.............................. 73,184Female.......................... 78,652Median Age.........................29.2
Source: 2009 U.S. Census Bureau Estimates
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Photo Courtesy of The District
Boone County’s ethnic mix mirrors that of most mid-size Midwestern communities.
Race Dist r ibut ion
NUMBER PERCENTAGEWhite 128,107 84.4%
African American 11,930 7.9%
American Indian/Alaskan Native 601 0.4%
Asian 4,723 3.1%
Native Hawaiian/Pacific Islander 143 0.1%
Hispanic or Latino (of any race) 3,830 2.5%
Two or More Races 4,603 3.0%
Source: 2005-2009 American Community Survey 5-Year Estimates
69,101
84,531
91,814
100,733
102,324
112,379
135,454
143,326
154,365
156,377
0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000
1990
2000
2005
2008
2009
City of Columbia Boone County
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TRANSPORTATIONAccess to major highways, a regional airport and rail service speeds delivery ofgoods and services to and from mid-Missouri. The central location alsominimizes shipping costs.
Kansas City International Airport (two
hours west of Columbia) and LambertSt. Louis International Airport (90minutes east of Columbia) are eachserved by multiple major airlines.
ROADWAYS
Interstate 70-- East/WestU.S. Highway 63-- North/South
BUS SERVICES: Columbia Transit,Greyhound, Megabus, airport shuttleand charter services.
RAILROADS: COLT (Columbia Terminal)
- includes a local transload facility,
Norfolk Southern and Gateway Western
Railway/Kansas City Southern Railway
AIR TRANSPORTATIONColumbia Regional Airport (COU) has
20 weekly Delta Connection flights totheir Memphis hub (MEM) on 50-seatregional jets. COU is located 10minutes south of Columbia off U.S.Highway 63. The airport’s primaryrunway (2-20) is 6,500 ft long. Thecrosswind runway (13-31) is 4,400 ftlong.
General Aviation Services provided byCentral Missouri Aviation include: fuel,line services, hangar space, flightinstruction, charter, aircraftmanagement, aircraft rental and largeaircraft-airline/freight handling.Aircraft maintenance services areprovided by Columbia Avionics.
Boone County is aregional distributionhub, allowing
companies to accessmore than a dozenmajor motor andfreight carriers.
CenturyLink is the 4thlargest local exchangecarrier in the UnitedStates, offering data,voice and videoservices in 33 states.
Columbia’s current ISOrating is Class 2.Boone County is servedby nationallyrecognizedprofessional andvolunteer firedepartments.
UTILITIESElectricity: AmerenUE,
Columbia Water & Light, Boone
Electric Cooperative andCentralia Municipal Water &
Light
Natural Gas: Ameren Missouri
Columbia WaterSource: 15 wells in the McBaine bottoms, 2 Aqua
Storage & Recovery (ASR)Plant Capacity: 32 million gallons per day (MGD)
System Capacity: 28 MGD
Average Daily Consumption: 12.16 MGD
Peak Consumption: 17.07 MGD (8-9-2010)
Boone County Water:Consolidated District 1,
District 4, District 9 and
District 10
Sewer: The City of Columbia owns and operates
the Columbia Regional Wastewater Treatment
Plant and Constructed Treatment Wetlands. The
design treatment capacity is 20.6 MGD with an
average flow in 2010 of 16.0 MGD.
Local TelephoneCenturyLink; 100% Digital and Fiber Optic, Residential and Business Service
• Local exchange, Long distance, Internet access
• Single analog circuits to high capacity private digital networks
Mediacom Phone; Residential and Business Service
Socket Telecom, L.L.C.; Specializes in Business Service only
Broadband: There are multiple broadband providers throughout Boone County.
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EDUCATION / TRAINING
Within a 50-mileradius, there are anabundance of studentsenrolled in post-secondary education,giving Columbia/Boone County a largenumber of available,well-educatedemployees.
On average, over 80%of the ColumbiaPublic Schoolgraduates continuetheir educationbeyond high school.
The educationalopportunities in the
immediate areaabound for recenthigh school graduates,for employers seekinghighly skilled workersand for businessesinterested in havingcontinuing educationopportunities nearbyfor their employees.
The local public school system is strong, routinely producing some of the largest•numbers of National Merit Scholars among Missouri public and private schooldistricts.Columbia Public School students continue to achieve ACT test scores above the•state and national averages. Additionally, the percentage of students taking thecollege entrance exam remains steady.Recently released ACT Profile Report, summarizing the performance of ACT test-•takers in the Class of 2010, indicates that Columbia students' average compositescore is 23.3, compared to 21.6 for Missouri test-takers and 21.0 for test-takersacross the nation.The Columbia Area Career Center has been granted the full five-year period•
of continuing accreditation from the North Central Association Commission onAccreditation and School Improvement.East year, district students take over 1,300 Advanced Placement exams with•more than 87% eligible for credit.
Boone County Publ ic Schools
ENROLLMENTSTUDENT-TEACHER
RATIO*
Columbia Public Schools 17,388 19:1
Southern Boone County R-1 (Ashland) 1,458 19:1
Centralia Public Schools 1,339 21:1
Hallsville Public Schools 1,336 20:1
Harrisburg Public Schools 575 17:1
Sturgeon Public Schools 423 13:1
*Student-"Classroom Teacher" Ratio (in past years, we have used overall student-teacher ratio)Columbia Public Schools is made up of 30 schools meeting the needs of all children, Pre-Kthrough 12th grade.
Source: Missouri Department of Elementary and Secondary Education
There are 19 private schools in Boone County
Post -Secondary Educat ion Opport unit ies Within 50 Mil es of Boone Count y
SCHOOL ENROLLMENT
University of Missouri 32,341
Columbia College 17,008
Columbia Area Career Center* 8,044
Moberly Area Community College 5,442Central Methodist University 4,656
Lincoln University 3,349
William Woods University 2,264
Linn State Technical College 1,171
Westminster College 1,151
Stephens College 1,125
Metro Business College 820
Source: Missouri Department of Higher Education (Fall 2010) - reported as "Total Head Count"
"Columbia Area Career Center 2008-2009 school year
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"With more than 32,000 students and a $400
million scientific research operation, MU
is committed to building a better
America by driving technological
innovation, boosting the economy and
improving our quality of life .”
Brady J. Deaton, MU Chancellor
The University of Missouri (MU) is the area’s largest employer and offers
companies located here an abundance of opportunities for collaboration.
A $1.92 billion enterprise that
accounts for 72 percent of the
research dollars flowing to
Missouri public universities,
generating new knowledge and
jobs to power the economy.
In FY10, filed 67 U.S. patents and
received $9.5 million in licensing
revenue; numerous startup
companies are being developed
based on MU discoveries and
technological innovation.
One of only five universities
nationwide with law, medicine,
veterinary medicine and a nuclear
research reactor on one campus.
MU also has strong agriculture
and engineering programs.
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R E S E A R C H
F A C I L I T
I E S A N D
T H
E M
U
I M
P A C T
DISCOVERY RIDGE
WHERE
SCIENCE
GOES
TO
WORK
DiscoveryRidgeResearchPark is anexclusiveuniversityresearchpark forhigh-tech companies to collaboratewith university researchers andprivate businesses.
MU LIFE SCIENCE
BUSINESS
INCUBATOR AT
MONSANTO
PLACE
BRIGHT IDEAS BECOMING BRILLIANT COMPANIES
Located near the largest
university-based research reactorin the country, the life sciencebusiness incubator provides anenvironment conducive tocompany growth and a place forresearchers to further developtheir research into profitablecompanies.
RESEARCH
REACTOR PROVIDING Q UALITY NUCLEAR PRODUCTS AND SERVICES
The MU Research Reactor (MURR) isthe largest U.S. producer ofradioisotopes used in the diagnosisand treatment of cancer.
MU is a $1.92 billion enterprise that•operates 24/7 and accounts for 72 percentof the research dollars flowing to Missouri’spublic universities.
A source of innovation, creativity and•entrepreneurship, MU boosts the economyby performing research, creating jobs,
improving graduates’ earning potential andcommercializing businesses.
Annually, MU attracts about $200 million in•federal contracts and grants to Missouri.That money is then spent more than twicebefore leaving the state, generating $500million in economic activity – an amountroughly equivalent to 50 companies withrevenues of $10 million each.
The Mizzou Advantage reflects MU’s•
collaborative culture, combining uniquestrengths in food for the future; sustainableenergy; media of the future; one health,one medicine; and disruptive andtransformational technologies.
MU’s nationally prominent scholars and•scientists bring their discoveries into theclassroom, publish more than 1,500 booksand scholarly articles each year, and attractmulti-million-dollar grants. Recent awardsinclude $8.5 million (cardiovascular
diseases), $7.6 million (medicinal propertiesof plants), $7.5 million (electronic healthrecords) and $3 million (training for energy-sector jobs).
To date, companies that have licensed•products invented by MU scientists havereceived about $1 billion in sales revenues.
While U.S. businesses are moving operations•to foreign countries, MU is doing its part to
attract high-tech industries to Missouri.Shasun, an international pharmaceuticalcompany and one of the world’s leadingsuppliers of ibuprofen, has joined MUnanomedicine experts in developing acancer treatment that uses goldnanoparticle technology created at theuniversity. Their new company will continueresearch and development required for thetreatment to receive federal approval foreventual use in humans.
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MU scientists start with basic research,•which often leads to importantdiscoveries. For example, ProfessorGabor Forgacs began his research in2006 with a $5 million grant from theNational Science Foundation. In 2009, aregenerative medicine company,Organovo, licensed the technology and
is producing a 3-D bioprinter to buildhuman organs with a person’s owncells. Forgacs’ work was listed as oneof the “50 Best Inventions of 2010” inTIME magazine.
MU operates one of five U.S. centers•funded by the National Institutes ofHealth to lead interdisciplinaryresearch on botanicals, part of a $25billion dietary supplement industry.
In 2010, clients of MU Extension’s•Business Development Programgenerated $1.19 billion in economicimpact for the Missouri economy,creating or retaining 16,143 jobs andstarting 265 businesses.
MU is a national leader in comparative•medicine; researchers collaborate,sharing discoveries, innovations andtreatments benefiting both animals andhumans.
Professor Fu-Hung Hsieh and his team•have created a soy substitute thatlooks, tastes and chews like chicken.Their work received worldwide mediaattention, including stories in TIMEmagazine and on the DiscoveryChannel. The poultry meat technologyhas been licensed to J Green NaturalFoods Co., and collaborative efforts todevelop more products for the
expanding meat-substitute market areunderway.
Mizzou ranks No. 8 in the nation and•No. 15 in the world for the influence ofits plant and animal sciences researchfrom 1999 to 2009 (Thomson Reuters).
RE SEAR
CH
FA CIL
ITIE S A N
D TH
E M
U I M
PA CT
CHRISTOPHER S.
BOND LIFE SCIENCES
CENTER
TEAMWORK IS KEY TO ADDRESSING MODERN PROBLEMS
The BondLife SciencesCenter is astate-of-the-art facilityhousing 35of MU's toplifescientists
who are working together to improve thequality and safety of food, prevent andtreat disease and protect theenvironment.
INTERNATIONAL
INSTITUTE FOR
NANO AND
MOLECULAR
MEDICINE TRANSFORMING THE TREATMENT OF CANCER
The International Institute for Nano &
Molecular Medicine is home to some ofthe world's best nanoscientists fightingcancer and other diseases.
DALTON
CARDIOVASCULAR
RESEARCH CENTER
CENTER OF EXCELLENCE IN CARDIOVASCULAR RESEARCH
Interdisciplinary research is the
hallmark of the university's DaltonCardiovascular Research Center.Mizzou scientists from such fields asbiochemistry, biological engineering,electrical engineering, medicine,physiology and veterinary medicinecome together and apply theirparticular expertise to health
problems likehypertension,cancer, cysticfibrosis andheart
disease.
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BUSINESS CLIMATE
INCENTIVES
An incentive program, based on Chapter 100 Revenue Bonds, is available within BooneCounty. Contact the REDI office for more information.
FINANCING
Centennial Investors was created to meet the early capital needs of university andprivate sector entrepreneurs. It assists in bringing to market exciting ideas generated inuniversity labs and private businesses. Often referred to as “Angel Investing,” thisprivate capital is an important requirement for creating new products, services andjobs in our community.
FACTS ON TAXES
Boone County's total tax structure provides a corporation with a favorable taxenvironment. REDI can provide tax estimates for proposed projects based on a brief
questionnaire.
Frito-Lay/Quaker
Gates
The Quakermanufacturing facilityhas been certified atthe highest level ofthe OccupationalSafety and HealthAdministration’sVoluntary ProtectionPrograms. Themanagement andemployees at thefacility have beenrecognized for theoutstandingcommitment tocomprehensive safetyand health programs.
The State of Missouri
was ranked the topstate and was one ofonly six states to earnan “A”, according tothe 2008 NationalManufacturing andLogistics Report Cardissued by Ball StateUniversity.
Boone County Commercial Propert y Tax Rat e*
2010 2009 2008 2007 2006
City 0.4100 0.4100 0.4100 0.4100 0.4100
County 0.2802 0.2802 0.2789 0.2789 0.2789
State 0.0300 0.0300 0.0300 0.0300 0.0300
School District 4.8492 4.7717 4.7292 4.7089 4.6706
Boone CountyLibrary District
0.2986 0.2986 0.2986 0.2986 0.2986
Surtax** 0.6100 0.6100 0.6100 0.6100 0.6100Total 6.4780 6.4005 6.3567 6.3364 6.2981
*Tax rates are representative -- actual rates may vary upon location
*Commercial Property is assessed at 32% of fair market value
*Residential Property Tax Rate is assessed at 19% of fair market value
*The tax rate is applied to each $100 of assessed value
*2010 Sales Tax in Columbia is 7.35% except in TDD designated areas which may have atax rate as high as 7.85%.
**County-wide Surtax on Subclass III Property
County includes Group Home and Road and Bridge.
Source: Boone County Collector's Office
Missouri Corporate Income Tax
Rate is 6.25% with a net effective rate of 5.2%•50% of federal income tax payments are deductible•Only Missouri income is taxed•Missouri income allocated on the lower of: 1) sales, or 2) ‘three factor’ formula•based on sales, property and payrollNo worldwide or nationwide unitary tax assessment•
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Property Tax
The inventories of manufacturers, retailers, distributors and wholesalers are exempt•from property taxReal property (land and building) classified as commercial or industrial is assessed at•32% of fair market value
Personal property equipment is assessed at 33 1/3% of fair market value•The personal property tax rate is $5.87 per $100 of assessed valuation•Boone County's total real property tax rate is $6.40 per $100 assessed valuation•(actual rate may vary upon location)
Missouri Franchise Tax1/30 of 1% or $0.33 per $1000 of par value outstanding shares and surplus or total assets
Sales TaxCombined state and local rate is 7.35%. A higher sales tax rate, up to 1%, may applywithin Transportation Development Districts (TDDs). Missouri has responded to the needsof industry by providing eighteen major exemptions from sales/use taxes. Some of those
exemptions include:1) Machinery and equipment used in a manufacturing facility2) Machinery that abates air or water pollution3) Materials and supplies used to install the above4) Electricity consumed in the manufacturing process
Unemployment InsuranceMissouri unemployment benefits provide temporary compensation to those workersmeeting the eligibility requirements of Missouri law. The Missouri Department of Laborand Industrial Relations and each other state's unemployment office administers its ownunemployment insurance program within Federal guidelines. The value of unemploymentbenefits in Missouri differs from that of other states because each state unemploymentoffice applies its own formulas and limits when calculating the level of unemploymentcompensation. The duration of unemployment benefits in Missouri may also differ fromthat of other states.
Workers CompensationCompanies can offer this protection through aprivate insurance carrier or they can become self-insurers. Premium rates vary, depending on therisks associated with special occupations. As inmost states, the premium rates apply to anemployee’s total annual salary. The maximum
weekly benefit for temporary total disability,temporary partial disability, permanent totaldisability and death is currently computed as 105%of the average weekly wage, determined annuallyon July 1. Missouri's workers compensation ratescompare favorably with those in other states.Though benefits for claimants in other states usually increase automatically from year toyear, in Missouri benefits cannot be increased without the review and approval of thestate legislature.
Gross ReceiptsThe City of Columbia, like most Missouri cities, levies a 7.5268% gross receipts tax on
utility services within the City of Columbia.
BUSINESS CLIMATE continued
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Maximum Media
Forbes rankedColumbia the 5th Best
Metro for Businessand Careers(populations of240,000 or less) in its2009 study thatexamined the cost ofdoing business, jobgrowth andeducationalattainment.
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Source: City of Columbia FinanceDepartment, Business License Div
*Reporting period July 1-June 304,627
4,807
4,982
5,008
4,933
4,859
4,400 4,500 4,600 4,700 4,800 4,900 5,000 5,100
2005
2006
2007
2008
2009
2010
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BUSINESS CLIMATE continued
In 2011, Columbia,became the only cityin Missouri with twoState Certified Sites.The new Sutter site,along with theexisiting Ewing site,provide Columbia andBoone County with acompetitiveadvantage inattracting 21stcentury jobs. Bothproperties are“development ready”with road access, afull range of utility-supportinginfrastructureavailable and geo-technical testing andenvironmentalcompliance
inspections alreadycompleted.
Taxable Sales - Boone County
Quarter Total Taxable Sales Retail Sales Percentage of Total
2010 1 $515,911,295.02 $328,447,560.53 64%
2010 2 $534,539,716.71 $353,781,848.87 66%
2010 3 $565,778,945.13 $362,007,575.48 64%2010 4 $581,967,755.84 $400,931,691.16 69%
2010 Total $2,198,197,712.70 $1,445,168,676.04 66%
2009 1 $516,383,372.86 $321,934,244.76 62%
2009 2 $528,254,769.91 $344,618,170.65 65%
2009 3 $544,485,607.87 $344,956,949.46 63%
2009 4 $563,492,213.05 $382,300,472.37 68%
2009 TOTAL $2,152,615,963.69 $1,393,809,837.24 65%
Source: Missouri State Department of Revenue - Taxable Sales (Sales and Use Taxes)
Total Const ruct ion
CITY OF COLUMBIA BOONE COUNTY
Permits Valuation Permits Valuation
2010 1,481 $147,795,782 581 $113,668,124
2009 1,199 $195,765,290 504 $38,759,020
2008 1,234 $234,947,409 544 $47,434,904
Single Famil y Const ruct ion 2010 404 $69,019,852 145 $24,371,981
2009 380 $56,280,005 129 $24,362,054
2008 335 $57,180,230 125 $25,682,604
Source: Boone County Planning & Building Inspection; City Protective Inspection Department(Numbers are exclusive)
Business License Accounts - Cit y of Columbia*
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LOCAL LIFESTYLE
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With realistic homeprices and a lower costof living, Columbia,Missouri is a greatplace to retire. Infact, the City wasranked #8 last year inthe US News and WorldReport’s list of Where
to Buy a RetirementHome for Under $600 aMonth.
Columbia is consistently listed among the top cities in the United States by nationalmagazines and organizations. Its excellent public school system, access to qualityhealth care and central location consistently earn Columbia’s position as one of the topplaces to live and do business.
Columbia is consistently listed among the top cities in the United States by national•magazines and organizations. Its excellent public school system, access to qualityhealth care and central location consistently earn Columbia’s position as one of thetop places to live and do business.
2010, Richard Florida adds Columbia to his Creative Class List citing Columbia as a•great place for college graduates to live, work and enjoy life.
In 2009, Forbes ranked Columbia the 8th Best College Sports Town in America.•
In 2009, the University of Missouri was named a Community-Engaged Campus by the•Carnegie Foundation. Less than 5% of colleges and universities nationwide havebeen awarded this honor. The honor is based on mutually beneficial collaboration
between students, faculty and the community.In 2010, Forbes ranked Columbia 8th in its Best Places for Business and Careers -•Columbia has been listed for the last four years in the top ten.
Forbes ranked Columbia 13th in its 2008 Smartest Cities in America study, based on•education levels of residents in the Columbia metro area.
In 2008, American Institute for Economic Research named Columbia as the eighth•best city for college students with a population under 250,000. Cities are judged on12 different measures including cost of living and job opportunities.
Cost of Living Index - 2010 Averages
96.7%
95.5%
95.5%
116.8%
91.7%
103.1%
121.7%
97.7%
104.4%
90.4%
88.4%
0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0% 14
Ames, IA
Atlanta, GA
Austin, TX
Chicago, IL
Columbia, MO
Denver, CO
Hartford, CT
Kansas City, MO-KS
Richmond, V A
St. Louis, MO
Tulsa, OK
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“Columbia is awonderful communitywith an abundance ofresources and a senseof strong familyvalues. With theproximity to the
university, it's an ideal'economical' source forthe high quality,scientific workforcethat we require at ABCLabs.”
Byron HillPresident and CEOABC Laboratories, Inc.
LOCAL LIFESTYLE continued
Healthcare
HOSPITAL NAME BED COUNT
Boone Hospital Center 394
University Hospital* 274Women's and Children's Hospital* 189
Harry S Truman Veterans Hospital 118
Children’s Hospital* 115
Missouri Psychiatric Center* 57
Howard A Rusk Rehabilitation Center** 60
Ellis Fischel Cancer Center* outpatient facility
Total 1,207
Source: Individual Hospital Web Sites
* Part of University of Missouri Health Care
**Joint venture between HealthSouth and the University of Missouri
Local Media
Print Media 13
Cable Companies 3
Boone County Radio 11
Television Stations 7
Climate - 2010
Avg Temperature 54.8o F
Avg Min Temperature 45.0o F
Avg Max Temperature 64.6o F
Total Precipitation 45.97 in
Total Snowfall (July-June) 20.7 in
Source: NOAA Online Weather Data
Home Sales by Price Range - Boone Count y
2008 2009 2010
Under 50K 48 36 5850K-80K 94 83 73
80K-100K 178 110 115
100K-160K 784 763 644
160K-350K 728 634 620
>350K 87 82 81
Source: Columbia Board of Realtors
Columbia Housing
A lot of house forthe Money!
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BOONE COUNTY COMMUNITIES
Ashland
Centralia
Hallsville
Ashland is located directly west ofColumbia Regional Airport andcentrally located between Columbiaand Jefferson City.
The Ashland School district was givena "Distinction of Performance" ratingby the State of Missouri.
Close to universities and colleges.
Centralia offers more than 90 acresof easily developed land withadjacent state highway access andindustrial zoning available. Sewermains to the site are beingconstructed and a sewage treatmentplant is nearby.
Several large tracts in and near thecity have access to rail service - insome cases two separate rail lines.
An industrial city, having hosted the750 employees of Hubbell/Chance(former A.B.Chance Company) for afull century.
A full service city, providing allutilities.
Just north of Columbia, Hallsville wasthe fastest growing city in BooneCounty in 2005 and 2006 according tothe Boone County Assessor's office.
Industrial lots available.
City has tripled in area during thelast 10 years through voluntaryannexations.
Record number of building permitsfor single family homes and businesslicenses have been issued in the lasttwo years.
23-acre park with eight shovel-ready sites adjacent to ColumbiaRegional Airport. Average site size is 2.6 acres, but re-plattingof multiple sites is an option.
Clean RoomSpace
900 square feetavailable, witha 15’ x 15’ roomrated at Class 10.
Remaining space is under Class 100 400 square feet of adjoining office space and rest rooms Two 5-ton HVAC systems, steam-in plus dehumidification
system and temperature control to +/- 1o Fahrenheit Power includes 3-phase with European transformer Gowning area, Class 10 clean room (light tight), wet processing
area with backflow preventer, water filtration and eyewashstation
Russell Rail Site
48-acreindustrial sitewith rail access,located offHighway 22 andRoute CC.
Electricity - City of Centralia Gas - AmerenUE Sewer and Water - City of Centralia
Site is adjacent to the Norfolk Southern rail line.
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J. Mike Brooks, President Michele Holmes, Executive Assistant
[email protected] [email protected]
Phone: 573.442.8303 www.columbia redi.com Fax: 573.443.8834
If your business requires an educated workforce in a business-friendly environment,Columbia/Boone County, Missouri is the right location for you.
High-tech companies benefit from our highly-educated workforce and collaboration withMU, the state’s premier research institute. Manufacturers like 3M, Kraft Foods and Frito-
Lay find Columbia/Boone County a profitable location for their facilities. Home to theworld headquarters of Shelter Insurance Company and regional headquarters of State FarmInsurance Companies, Columbia/Boone County offers a low cost of living with a superiorquality of life that employees enjoy.
We look forward to hearing from you, and helping make Columbia/Boone County, Missourihome to your business.
Regards,
J. Mike Brooks, President
M. Rogers Courtesy of Columbia CVB
OUR ORGANIZATION
For Your Business
If you value the quality of your business's location and of your workforce,
Columbia and the surrounding communities of Ashland, Centralia and Hallsville
are the ideal location for you. Boone County’s major research university, the
University of Missouri, is working to commercialize its technology while the
area positions itself as a life sciences and high-tech location. With Boone
County's college graduate pool, 11 continuing education facilities within a
50-mile radius and available industrial space, the area offers a lot for
business.
We Can Help
To learn more about the business opportunities in Boone County, contact
REDI. One of our representatives can help you with:• Available site and building information
• Comprehensive area demographic information
• Labor availability studies
• Community tours
• Community orientations and introductions
• Customized state incentive proposals
• Groundbreaking and ribbon-cutting ceremony coordination
Contact Us
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