Missouri: Center of Automotive Manufacturing Excellence

Transcription

1 Missouri: Center of Automotive Manufacturing Excellence FORD TRANSIT FORD F SERIES GMC SAVANA GMC CANYON CHEVROLET COLORADO CHEVROLET EXPRESS

2 2 The Automotive Industry in Missouri Missouri is a center for automotive manufacturing excellence, supported by a cost-competitive, probusiness and innovative environment. In 2017, Missouri automotive manufacturers built more than 756,000 vehicles, and since 2010 more than $2.36 billion has been invested in Missouri s automotive facilities. Every Chevrolet Colorado, GMC Canyon, Chevrolet Express and GMC Savana is born in Missouri. Many of the Ford Transit vans and more than 300,000 Ford F-150s are made here. According to a 2013 study from the Brookings institution, Kansas City is the second-largest U.S. automotive trading hub behind Detroit. FORD TRANSIT (TRK.) 2017 production: 138, % from 2016 CHEVROLET COLORADO 2017 production: 129, % from 2016 CHEVROLET EXPRESS 2017 production: 89, % from 2016 FORD F SERIES 2017 production: 328, % from 2016 GMC CANYON 2017 production: 42, % from 2016 GMC SAVANA 2017 production: 29, % from 2016 Production in Kansas City, Kansas: CHEVROLET MALIBU 2017 production: 222, % from 2016

3 3 Missouri s Automotive Manufacturing Companies St. Joseph Moberly Kansas City Mexico Marshall Warrensburg Sedalia St. Louis Jefferson City Fort Leonard Wood Farmington Lebanon Joplin Springfield Kirksville West Plains Hannibal Poplar Bluff Cape Girardeau Sikeston Kennett 57 IN THEIR WORDS Missouri offers Yanfeng USA an excellent business climate from which to serve our automotive customers, and we are excited to join the state s strong community of automotive companies. David Wang, President of Yanfeng USA

4 4 Missouri Automotive Manufacturing Companies IN THEIR WORDS Riverside is right in the heart of the action it s close to OEMs, it has an experienced workforce, and a business-friendly environment. Expanding to Missouri puts U.S. Farathane in a great position to better serve our customers and expand our presence in the automotive industry. Andy Greenlee, President, U.S. Farathane ARCHITECTURAL AND STRUCTURAL METALS MANUFACTURING FOUNDRIES COATING, ENGRAVING, HEAT TREATING, AND ALLIED ACTIVITIES GLASS AND GLASS PRODUCT MANUFACTURING ELECTRICAL EQUIPMENT MANUFACTURING MOTOR VEHICLE BODY AND TRAILER MANUFACTURING ENGINE, TURBINE, AND POWER TRANSMISSION EQUIPMENT MANUFACTURING MOTOR VEHICLE MANUFACTURING FORGING AND STAMPING

5 5 MOTOR VEHICLE PARTS MANUFACTURING OTHER CHEMICAL PRODUCT AND PREPARATION MANUFACTURING OTHER ELECTRICAL EQUIPMENT AND COMPONENT MANUFACTURING

6 6 OTHER FABRICATED METAL PRODUCT MANUFACTURING PLASTIC PRODUCT MANUFACTURING PAINT, COATING, AND ADHESIVE MANUFACTURING RUBBER PRODUCT MANUFACTURING Recent automotive expansions Americana Tire and Wheel (Marshfield) announced plans in 2014 to invest $1.5 million to open a Missouri assembly plant, creating 20 new jobs. The company manufactures trailer tire and wheel assemblies. Dana Light Axle Products (Columbia) announced plans to expand their Missouri manufacturing plant in 2016, which produces parts for Ford, GM and Nissan. The $39 million expansion is expected to create 135 new jobs. Diode Dynamics (HQ St. Louis) recently announced plans to expand its automotive lighting manufacturing operations, leasing a 15,000-square-foot engineering facility that will enable the company to hire nearly 200 new employees over the next three years. Fargo Assembly of PA, Inc., (Bethany) a supplier of power and signal distribution systems and components, completed a new facility in Missouri in 2015, creating over 100 jobs. GWR Safety Systems (St. Louis) recently established its North American headquarters in Missouri. The company designs and manufactures seat belts for coaches, shuttle buses, school buses, recreational vehicles, agricultural equipment and military vehicles. Faurecia (Wentzville) inaugurated its new automotive seating plant in Wentzville in The facility represents a $13 million investment and employs 180 people. Faurecia produces seats for the Chevrolet Colorado and GMC Canyon truck lines produced at the GM Wentzville plant.

7 7 Ford (Kansas City) produces the best-selling vehicle in North America, the F-150, at its Kansas City Assembly plant. Since 2011, Ford has announced over 4,000 new jobs and $1.1 billion investment at the plant. General Motors (St. Louis) created 750 new jobs in 2015 at their Wentzville plant to help with the production for the all-new Chevrolet Colorado and GMC Canyon midsize pickups and Chevrolet Express and GMC Savana full-size vans. In late 2015 and early 2016, GM invested $82.3 million dollars at Wentzville for new materials and equipment, environmental, and facilities improvements. Since 2011, GM has announced plans to create over 2,400 jobs and $500 million capital investment in their Wentzville plant. Grupo Antolin (Kansas City) opened a new $15.7 million, 150,000 square-foot automotive manufacturing facility in 2014 to supply Ford s Kansas City Assembly Plant, creating an estimated 118 new jobs. The new facility produces headliners for the all-new Ford Transit van. In 2016, the company announced plans to expand into a new 36,000 square foot space in Subtropolis. The company now employs about 300 at various sites around Kansas City. Grupo Gruau (Kansas City) recently established their US headquarters in Kansas City, Missouri. Gruau, founded in France in 1889, is the top company in Europe for LCV conversions. Today, they convert more than 50,000 vehicles a year for companies around the world. Janesville Acoustics (Warrensburg) opened a $13.4 million, 155,000 square-foot automotive manufacturing facility in Warrensburg in 2014 to supply GM s Fairfax Assembly Plant, creating 164 full-time jobs. Leggett & Platt, Inc. (HQ Carthage) has announced two major auto related expansions in Missouri in recent years. Leggett & Platt Commercial Vehicles Products (CVP), signed a lease for a 72,000 sq. ft. facility in Hunt Midwest s Subtropolis in 2015 which will employ about 50. Leggett & Platt CVP installs interior racking shelving systems, wall liner packages, exterior ladder racks and decals, and mobile offices for the Ford Transit. The company s Flex-O-Lators facility in Carthage, which manufactures automotive seating components, expanded in 2013, adding 28,000 square feet and 12 jobs. LMV Automotive Systems (Kansas City) employs approximately 340 people at its Liberty facility where it manufactures welded body assemblies for automakers. In 2012, the company broke ground on a $42 million 213,000-sq. ft. facility to produce parts for the all-new Transit van, assembled at Ford s Kansas City plant. After securing a contract with another major auto manufacturer in 2014, LMV embarked on a $48.7 million addition to its new facility, adding another 256,600 square feet. LMV is a subsidiary of Magna International, the world s second-largest automotive supplier. Magna also has a facility seating in Excelsior Springs. Martinrea Riverside, (Kansas City) opened a new auto manufacturing facility in Riverside in 2015, creating 290 new jobs. This is the first Missouri location for the company, which is a subsidiary of the Canadian Tier One automotive supplier Martinrea International Inc. The facility manufactures corrosion-resistant engine cradles using an e-coating process, supplying the GM plant in Fairfax, Kansas. Orange EV, (HQ Riverside) a startup that makes electricdriven terminal trucks, announced plans to double its staff (to 15) by the end of 2015 and move to a new plant in Riverside that s six times the size of its original headquarters. Spartan Light Metal Products (HQ St. Louis) expanded and retooled its facility in Mexico, Missouri in 2014, creating 88 new jobs and making a capital investment of $17 million. The company also has a facility in Hannibal. U.S. Farathane (Riverside) opened its first Missouri production facility in The $51.5 million project is expected to create 267 jobs over the course of three years. The company produces injection molded plastic parts for the Chevrolet Malibu, the Ford F-150, and the Transit Van. Yanfeng USA Automotive Trim Systems (Riverside) opened a new $45 million manufacturing plant in Riverside in 2014, creating 263 jobs. The Michigan-based subsidiary of Yanfeng Visteon of China is an industry leader in interior component supplies for companies such as General Motors and Chrysler.

8 8 Missouri s Automotive Manufacturing Companies Business Name City Location Employees 3255: Paint, coating, and adhesive manufacturing Elantas PDG Saint Louis 166 Henkel Richmond 393 Pittsburgh Glass Works O Fallon : Other chemical product and preparation manufacturing Chart Distribution Group Saint Louis 44 Sika Corporation Grandview 350 Zoltek Bridgeton : Plastic Product Manufacturing Able Manufacturing & Assembly Joplin 150 Diversified Plastics Nixa 124 Semco Plastic Saint Louis 250 SRG Global Farmington 350 SRG Global Portageville 400 U.S. Farathane Riverside N/A Woodbridge Riverside 153 Americana Tire and Wheel Marshfield 2 Buckhorn Rubber Products Hannibal : Foundries Toyota Bodine Overland 250 Toyota Bodine Troy 500 Hutchens Industries Springfield 414 Spartan Light Metal Products Hannibal 50 Spartan Light Metal Products Mexico 380 Spartan Light Metal Products Saint Louis 313 Stahl Specialty Kingsville 145 Stahl Specialty Warrensburg : Forging and Stamping Carmeco Lebanon 55 DTE (Detroit Tool Metal Products) Lebanon 275 Wainwright Enterprises/Modineer Saint Peters : Architectural and Structural Metals Manufacturing Launer Voss Steel Fabricators Saint Louis 10 Saf Holland USA Warrenton : Spring and Wire Product Manufacturing Adrian Equipment Wentzville 20 Industrial Spring Corporation North Kansas City 18 KC Spring Works Kansas City 6 Lee Spring Saint Charles 20

9 9 Business Name City Location Employees Taylor Cable Products Grandview 55 Wermke Spring Manufacturing Fenton : Machine Shops Computech Manufacturing Washington 46 Parkhurst Manufacturing Sedalia 20 Pohlman Saint Louis 50 Siesco Valley Screw Products Union : Coating, Engraving, Heat Treating, and Allied Activities Gateway Plating Saint Louis 8 Highline Plating Cuba 10 Paulo Products Kansas City 50 Paulo Products Saint Louis 150 Precoat Metals Saint Louis : Other fabricated metal product manufacturing Hutchens Industries Mansfield N/A Hutchens Industries Seymour : Other Industrial Machinery Manufacturing Symtech Corp Lees Summit : Ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing Donaldson Air Cleaners Chillicothe : Engine, turbine, and power transmission equipment manufacturing Ari Racing Engines Grandview 9 CK Power Saint Louis 77 Moore Gear & Manufacturing Hermann 50 Morley Performance Fenton 138 Springfield Remanufacturing Springfield 1, : Other general purpose machinery manufacturing Bachman Machine Saint Louis 121 Genesys Systems Integrator Kansas City 43 NLC Lenco Jackson 77 Orange EV Riverside : Audio and Video Equipment Manufacturing Aamp of America Springfield : Navigational, measuring, electromedical, and control instruments manufacturing G-Tec Nixa 40 Taliaferro Imports, Springfield : Electric Lighting Equipment Manufacturing Able 2 Products Cassville : Electrical equipment manufacturing Autotronics Joplin 24 Cape Starter & Alternator Service Cape Girardeau 6 Eaton Cooper Bussmann Ellisville 600

10 10 Business Name City Location Employees Translectric Jackson : Other Motor Vehicle Parts Manufacturing Leggett & Platt Kansas City 35 Leggett & Platt (Flex-O-Lators) Carthage : Other electrical equipment and component manufacturing EnerSys Energy Products Warrensburg 650 Fargo Assembly of PA Bethany 100 Johnson Controls Saint Joseph 650 Northstar Batteries Springfield 394 Summit Power Lees Summit : Motor Vehicle Manufacturing Engineered Plastic Components Columbia 84 Executive Coach Builders Springfield 120 Ford Motor Assembly Plant Liberty 7,700 GM Wentzville Assembly Plant Wentzville 3,700 Gruau USA Kansas City N/A Limoland/Springfield Coach Group Springfield 35 Magna Seating Excelsior Springs : Motor Vehicle Body and Trailer Manufacturing CBT Corp Independence 8 Emerald Automotive Hazelwood 3 Hewitt-Lucas Body Saint Louis 20 LMV Automotive Systems Liberty 670 Osage Industries Linn 70 Play-Mor Trailers Westphalia 83 Precision Fire Apparatus Camdenton 44 Riecher s Truck Bodies Washington 14 Semo Tank Perryville 39 Semo Tank Springfield : Motor Vehicle Parts Manufacturing 4-Auto Parts Kansas City 55 Ace Manufacturing and Parts Sullivan 89 Adrian Steel Kansas City 45 All Parts Auto Salvage Springfield 13 Atro Engineered Systems Saint Claire 45 B & W Brakes Kansas City 15 C & S Specialties Saint Charles 7 Caldwell Pistons Pleasant Valley 4 Carriage Works Grandview 66 Challenge Manufacturing Kansas City N/A Craftsmen Industries Saint Charles 100 Dana Light Axle Products Columbia 89

11 11 Business Name City Location Employees Delta Gear Fenton 35 Diode Dynamics Earth City 40 Dura Automotive Systems Moberly 155 Electrorep Energy Products Saint Louis 22 Faurecia Automotive Seating Plant Wentzville 180 Federal-Mogul Maryland Heights 110 Federal-Mogul Maryville 209 Flex-N-Gate Kansas City 115 Grupo Antolin Kansas City 300 GWR Safety Systems Saint Louis 50 Haldex Brake Products Grain Valley 250 Haldex Kansas City 275 Henniges Automotive Sealing Systems New Haven 500 Janesville Accoustics - Jason Warrensburg 330 Johnson Controls (Keiper) Eldon 248 Johnson Controls Riverside 650 Lear Corporation Wentzville 150 Lenda Products Fenton 6 Level Ride Mfg Diamond 14 LMC Industries Arnold 250 Martinrea Riverside Riverside 290 Maxion Wheels (Hayes Lemmerz International) Sedalia 300 MCI Cores Saint Louis 60 Modine Manufacturing Jefferson City 270 Modine Manufacturing Joplin 230 Modine Manufacturing Trenton 150 New Port Engineering Washington 6 Nitto Denko Automotive Kansas City 230 Orscheln Products Moberly 330 Ortech Kirksville 14 OTSCON Inc Columbia 200 Parts Warehouse Springfield 18 Peterson Manufacturing Grandview 729 Precision Rebuilders St Clair 50 Rabco Midwest Washington 7 Ridewell Springfield 154 Rom Acquisition Belton 12 St Louis Spring Saint Louis 9 Teckpak/Fitzall Poplar Bluff 25 Tenneco Kansas City 21 TG Missouri Perryville 1,210 Tomco Incorporated Saint Louis 48

12 12 Business Name City Location Employees Trans-A-Matic Poplar Bluff 20 Walker Products Pacific 50 Wening Enterprises New Haven 15 Yanfeng USA Automotive Trim Systems Riverside : Other Transportation Equipment Manufacturing Sportsland Automotive Accessories Rogersville : Other Miscellaneous Manufacturing Superior Gear Box Stockton : Specialized Freight Trucking Jack Cooper Transport Kansas City 100

13 13 Advanced Manufacturing Talent in Missouri IN THEIR WORDS Leggett & Platt began in Missouri and we want to grow here. The state s dedicated workforce, central location, and low taxes make Missouri a very attractive location for business growth. David S. Haffner, CEO, Leggett & Platt If you are looking for hard-working and highly skilled talent look no farther than Missouri. With more than 3 million educated workers, Missouri s talent pool is deep, specialized and experienced in our states key growth areas including advanced manufacturing, agtech, logistics and more. More than 260,000 of our workers are employed in the manufacturing industry. Workforce, all industries Bureau of Labor Statistics, 2015 Neb. 1,012,973 Iowa 1,701,329 Ill. 6,512,386 Missouri talent is driving innovation and building a modern, cutting edge economic environment. We are creative and innovative with a strong pro-business work ethic and strong technology acumen. Home to many certified work ready communities, Missouri employees are hard-working, conscientious, and have a proven ability to adjust to technology and workforce evolution. Our Missouri Works Training program offers technical training for a wide range of eligible industries. Kan. 1,499,009 Okla. 1,842,049 Mo. 3,113,760 Ark. 1,330,099 Employment in manufacturing Bureau of Labor Statistics Current Employment Statistics, 2015 Ky. 1,953,393 Tenn. 3,062,775 Additionally, Missouri s competitive cost of living and vibrant culture enables employers to provide employees with a high quality of life at a lower cost than almost anywhere in the U.S. Neb. 97,300 Iowa 216,000 Ill. 581,400 Kan. 161,400 Okla. 136,800 Mo. 260,900 Ark. 154,900 Tenn. 332,700 Ky. 241,100

14 14 Completed apprenticeships in FY2015 U.S. Department of Labor Neb. 180 Iowa 1,016 Ill. 1,442 Kan. 778 Okla. 321 Mo. 1,761 Ark. 364 Tenn. 419 Ky. 320 IN ADVANCED MANUFACTURING, MISSOURI IS THE: Missouri ranked 6 th in 2015 for number of completed apprenticeships, with more than 8,600 total apprentices enrolled. 6TH-BEST STATE FOR ANNUAL GROWTH & 8TH-BEST STATE FOR OUTPUT GROWTH Brookings, Missouri s top advanced manufacturing sectors by employment Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2015 Aerospace products and parts Plastic product Motor vehicle parts HVAC and commercial refrigeration equipment Architectural and structural metals Other fabricated metal product Semiconductor and other electronic component Other electrical equipment and component Metalworking machinery Electrical equipment 0 5,000 10,000 15,000 20,000 Missouri s fastest growing advanced manufacturing employment sectors from Bureau of Labor Statistics, Quarterly Census of Employment and Wages, : Other chemical product and preparation 3261: Plastics product 3323: Architectural and structural metals 3363: Motor vehicle parts 3333: Commercial and service industry machinery 0 2,500 5,000 7,500 10,000 12,

15 15 Automotive Manufacturing Occupation Information Code Occupation Missouri Employment Median Hourly Wage Missouri Illinois Kansas U.S All Occupations 2,712,240 $16.05 $17.94 $16.20 $ Mechanical Engineers 3,730 $37.12 $40.65 $33.98 $ Engineers, All Other 1,320 $35.49 $41.43 $34.24 $ Mechanical Engineering Technicians 870 $23.12 $25.39 $23.50 $ Engineering Technicians, Except Drafters, All Others 600 $26.37 $28.74 $27.39 $ Production Occupations 194,370 $15.26 $15.62 $16.22 $ First-Line Supervisors of Production and Operating Workers 12,540 $24.53 $27.89 $25.97 $ Electrical and Electronic Equipment Assemblers 4,960 $16.06 $14.20 $14.31 $ Engine and Other Machine Assemblers 810 $17.68 $19.57 $17.55 $ Structural Metal Fabricators and Fitters 2,000 $21.12 $18.03 $17.69 $ Fiberglass Laminators and Fabricators 530 $13.34 $13.34 $13.38 $ Team Assemblers 25,810 $15.24 $14.15 $15.88 $ Assemblers and Fabricators, All Other 5,210 $11.49 $12.60 $14.50 $ Computer-Controlled Machine Tool Operators, Metal and Plastic 3,870 $16.81 $18.14 $16.43 $ Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic 1,750 $14.30 $15.37 $16.55 $ Drilling and Boring Machine Tool Setters, Operators, and Tenders, Metal and Plastic 310 $14.52 $17.25 $16.16 $ Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic 890 $17.87 $18.76 $18.35 $ Machinists 6,610 $19.16 $17.61 $18.57 $ Foundry Mold and Coremakers 240 $15.11 $17.43 $15.80 $ Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic 1,770 $14.32 $17.07 $18.14 $ Welders, Cutters, Solderers, and Brazers 7,660 $17.65 $17.33 $17.20 $ Welding, Soldering, and Brazing Machine Setters, Operators, and Tenders 720 $15.35 $16.79 $16.67 $ Heat Treating Equipment Setters, Operators, and Tenders, Metal and Plastic 280 $14.25 $15.92 $14.51 $ Grinding and Polishing Workers, Hand 360 $13.96 $14.46 $14.34 $ Production Workers, All Other 5,580 $12.66 $13.83 $13.12 $13.54 Bureau of Labor Statistics, Occupational Employment and Wage Estimates, May 2015

16 16 Educational and Training Assets for the Advanced Manufacturing Industry IN THEIR WORDS In Warrensburg we have found a geographic location that will allow us to exceed the expectations of our customers, a capable workforce, and a state and local government that are very welcoming and supportive of our project. David Cataldi, President, Janesville Acoustics Missouri colleges and universities Degrees in precision production, mechanical and electrical engineering, and engineering technology: Crowder College (Neosho): AS DeVry University (Kansas City): AS, BS East Central College (Union): AS ITT Technical Institute (Arnold, Earth City, Kansas City, Springfield): AS, BS Jefferson College (Hillsboro): AS Metropolitan Community College (Kansas City): AS Mineral Area College (Park Hills): AS Missouri Southern State University (Joplin): AS Missouri University of Science and Technology (Rolla): BS, MS, PhD Missouri Western State University (St. Joseph): BS Moberly Area Community College: AS North Central Missouri College (Trenton): AS Ozarks Technical Community College (Springfield): AS Pinnacle Career Institute (Kansas City): AS Ranken Technical College (St. Louis and Wentzville): AS Southeast Missouri State University (Cape Girardeau): BS St. Charles Community College: AS St. Louis Community College: AS Saint Louis University: BS, MS, PhD State Fair Community College (Sedalia): AS State Technical College of Missouri (Linn): AS University of Central Missouri: BS University of Missouri (Columbia): BS, MS, PhD University of Missouri-Kansas City: BS, MS, PhD University of Missouri-St. Louis (joint program with Washington University in St. Louis): BS Vatterott College (Kansas City and St. Louis): AS Washington University in St. Louis: BS, MS, PhD Knowledge centers The Alliance for Collaborative Research in Alternative Fuels Technology (All-Craft) is a partnership led by the University of Missouri at Columbia in collaboration with MRIGlobal and others from across the state. The alliance is focused on low-pressure, high-capacity storage technologies for natural gas and hydrogen used in transportation. The Emerson Center for Engineering Manufacturing is a 31,000-square-foot facility on the St. Louis Community College campus featuring state-of-the-art tooling and equipment. The center includes 14,000 square feet of lab space and classrooms dedicated to manufacturing, materials, quality assurance, civil engineering, electrical/electronic, CAD, and skilled trades. Institute of Materials Science & Engineering at Washington University in St. Louis leverages the full potential of interdisciplinary material science research of more than 30 engineers, physicists, chemists, and earth and planetary scientists. Missouri State University Center for Applied Science and Engineering (CASE) at the Jordan Valley Innovation Center in Springfield develops and supports advanced materials research in carbon-based electronics and devices, materials research and characterization, various MEMS sensors, and systems fabrication.

17 17 MT1 Certification, endorsed by the National Association of Manufacturers and included in its National Skills Certification System, is available through Kansas City area schools including the Metropolitan Community College and Missouri Western State University. The Materials Research Center conducts research in fundamental science and applied engineering, including the development, evaluation, application and understanding of metals, polymers, biomaterials, electronic materials, and composites. Centers at Missouri University of Science and Technology (Missouri S&T) The Intelligent Systems Center performs basic and applied research to address technology needs and technical issues of intelligent systems in manufacturing and energy. The ISC is affiliated with four national research centers at Missouri S&T, including the Center for Intelligence Maintenance systems, which provides a platform for cooperative research between the university and industrial partners in the area of of M/D/P (monitoring/diagnostic/prognostic) tools with industrial applications. Partners include Caterpillar, Chevron, Honeywell, and Boeing. Other resources Missouri Enterprise provides manufacturing, engineering and business optimization services for Missouri companies. IN THEIR WORDS Kansas City represents enormous opportunities for Grupo Antolin. Missouri s friendly corporate climate and close proximity to major automakers put us in a position to better serve our clients and continue to grow. Max Rogers, President, Grupo Antolin North America

18 18 North America s Logistics Center Missouri knows logistics, and can get your product to the global market quickly and efficiently. We are the nation s rail, river and road crossroads, and a booming epicenter of commerce. We can get your goods anywhere in the world via our international airports, extensive river barge infrastructure, or any of the US Class 1 railroads. Missouri is home to the confluence of the two largest rivers in North America, the Missouri and Mississippi, and is home to the most northern ice free port on the Mississippi with unrestricted access to the Gulf of Mexico. Missouri s central and connected location Railroad lines: BNSF Railway Canadian National Railway Canadian Pacific Railway CSX Transportation Kansas City Southern Railway Norfolk Southern Railway Union Pacific Railroad Port 600 mile radius 1,200 mile radius Minneapolis - St. Paul Detroit Chicago Indianapolis Columbus Denver Nashville Charlotte Atlanta Memphis Dallas Austin Houston San Antonio Oklahoma City Missouri s central location allows companies to reach more than 50% of the continental U.S. within one-day s drive, and most of the rest within two. 96% of Missouri s population lives within 15 miles of a 4-lane divided highway. CNBC ranked Missouri s infrastructure 9th best in the U.S. in 2016.

19 19 Missouri s Transportation Network Railroad lines: BNSF CN CP CSX KCS NS UP Ports Airports

20 20 Missouri Reduces Your Risk and Your Costs Missouri provides you with a solid business foundation, financial and otherwise. In Missouri, taxes and business costs don t eat up all of your company s profits. 5 th 5TH BEST CORPORATE INCOME TAX INDEX IN THE U.S. Income tax allocation An important tax advantage for Missouri businesses is the amount of income considered taxable as only income earned in Missouri is taxed. Two allocation options are offered for calculating this income: (1) the three-factor formula, based on sales, property and payroll or (2) the single-factor formula, based only on sales. Missouri is one of only two states to allow companies to annually select the income allocation formula that results in lower corporate income tax liability. In addition, it is important to note that Missouri has not adopted worldwide or nationwide unitary tax assessment in computing multinational corporate income tax liability. Tax exemptions for manufacturers Manufacturers locating in Missouri enjoy numerous tax advantages, including: Sales/use tax exemption on machinery and equipment used to establish a new or expand an existing facility Property tax exemption for inventories State sales tax & local use tax exemption on energy purchases SALES/USE TAX EXEMPTIONS PROPERTY TAX EXEMPTIONS EFFECTIVE CORPORATE INCOME TAX OF 5.2%

21 % 17.3 SALES TAX Certified Sites GAS TAX Missouri s Certified Sites Program also reduces your risk by ensuring there has already been a comprehensive review of items including the availability of utilities, site access, environmental concerns, land use conformance, and potential site development costs. Having a site certified reduces the risk associated with development of particular sites by providing up front and consistent information. Additionally, Missouri s 50+ years of a AAA bond rating is representative of our solid financial acumen and stable financial foundations. Missouri has over 75 rail served sites of 50+ acres or more and 330 industrial facilities with more than 50,000+ square feet (LocationOne as of 11/22/2016). Our services Missouri is also committed to your growth. We are ready to work with you, statewide, to make the journey from the initial site search to the day you open for business see reduced risk, no pain, and efficient progress through first-class support and site selection assistance. Our team is ready to work with you and provide a concierge service as you consider where your next expansion will be. Benefits like our low business and labor costs, reliable and inexpensive energy, aggressive and performancebased incentives and a statewide commitment to attracting companies and investment, make Missouri a place where your company can come to grow and thrive. Whether it s in six weeks, six months, or six years, we are an expert resource to support you when the time is right to look at Missouri. MISSOURI HAS BEEN NAMED A TOP TEN PRO-BUSINESS STATE FOR SIX YEARS IN A ROW Top Ten

22 Steve Johnson, CEO , Steve joined the Missouri Partnership in early 2015, having led regional economic development efforts in both St. Louis and Kansas City over the past 20+ years. Steve directs the Partnership s marketing and business recruitment teams, working in close cooperation with the Missouri Department of Economic Development and the Hawthorn Foundation. Subash Alias, SVP , subash@missouripartnership.com Working primarily out of the St. Louis office, Subash focuses on business recruitment activities including lead generation and project management across multiple industry sectors to bring jobs and investment to Missouri. Clint O Neal, VP of Business Recruitment , clint@missouripartnership.com Based in the Kansas City office, and focusing on multiple industry sectors, Clint generates, cultivates and closes business attraction opportunities to bring jobs and capital investment to Missouri. Deborah Price, VP of Business Recruitment & General Counsel , deborah@missouripartnership.com Focusing mostly in domestic markets as well as South America and Israel, Deborah is generating, cultivating and closing opportunities with companies across multiple industry sectors. As General Counsel, Deborah serves as the Partnership s senior attorney responsible for advising the CEO on legal issues involving organizational operations, contractual and statutory compliance and overall risk management. Dennis Pruitt, CEcD, VP of International Business Recruitment , dennis@missouripartnership.com Dennis, who is based in the St. Louis office, works across multiple industry sectors, primarily targeting companies in Europe, Asia, and Canada to bring new jobs and investment into Missouri. 120 South Central Ave, Suite 1535, St. Louis, Missouri Burlington St, Suite B-4, North Kansas City, Missouri missouripartnership.com Updated January 2018