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STATE POPULATION 2'7 million

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Title: STATE POPULATION 2'7 million


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BY THE NUMBERS
  • STATE POPULATION 2.7 million
  • LARGEST CITIES
  • Wichita 330,000 MSA 581,000
  • Overland Park 162,000 MSA 1.8 million
  • Kansas City, KS 157,000 MSA 1.8 million
  • Topeka 170,000 MSA 170,000
  • QUICK DELIVERY
  • Kansas is within next-day freight delivery of
    nearly 70 percent of the U.S.
  • AFFORDABLE LIVING
  • The 2003 Congressional Quarterlys Cost of Living
    Index ranks Kansas as having the 16th lowest
    index in the nation, over seven percent below the
    national average.
  • DIVERSIFIED ECONOMY
  • Four times as many Kansans work in manufacturing
    as in farming.

3
EDUCATIONAL RESOURCES ABOUND
  • KANSAS IS BETTER THAN THE NATIONAL AVERAGE FOR
  • Percent of adults, 25 years and over, with a
    high school diploma
  • Percent of adults, 25 years and over, with a
    college degree
  • Number of students per instructional
    computer
  • Pupil-teacher ratio
  • STATE UNIVERSITIES INCLUDE...
  • KANSAS ALSO HAS...
  • 19 community colleges, 16 vo-tech schools, one
    municipally funded university, and a variety of
    private, liberal arts colleges.

4
ELECTRICITY, NATURAL GAS, AND TELECOMMUNICATIONS
  • Both electric power and natural gas rates are
    below the national average.
  • Kansas has excess electric generating reserve and
    transmission capacity through the three largest
    investor-owned companies in the state.
  • The 4,800-square-mile Hugoton Gas Field makes the
    state a leading natural gas exporter.
  • Kansas telecommunication providers offer a wide
    array of digital subscriber line services to
    businesses.

5
THE HUB OF ACCESSIBLITY
  • Kansas is in the sixth year of a ten-year 12.6
    billion Comprehensive Transportation Program.
  • Interstate 35 and I-29 are part of the North
    American Free Trade Agreement (NAFTA) corridor.
  • The largest airports are Kansas City
    International and Wichita Mid-Continent, with 14
    national and 12 regional carriers. Nine regional
    airports also offer commercial air service.
  • Four Class I rail carriers have 2,787 miles of
    track in the state, supported by 18 shortline
    railroads.

6
STATE INCENTIVES
  • Income and premium tax credits for new job
    creation and investment, as well as annual
    property taxes paid on machinery and equipment.
  • Sales tax exemptions on the purchase of
    construction labor and materials and facility
    machinery and equipment.
  • Sales tax exemption on personal property that is
    consumed or becomes a component part in the
    manufacturing process.
  • Property tax abatement on real and personal
    property for up to ten years.
  • Manufacturers and merchants inventories are
    exempt from property taxes.
  • Industrial revenue bonds (IRBs) provide up to 100
    percent financing of land, building, and
    equipment.
  • Community Development Block Grant (CDBG) for
    projects in non-metro areas.
  • Forgivable loans for project-related costs
    associated with the establishment or expansion of
    a business facility.

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MOTIVATED WORKFORCE SEEKING NEW CHALLENGES
  • Kansas is a constitutionally guaranteed
    right-to-work law state.
  • Economy.coms labor cost index, which takes wage
    costs and production output into account, ranks
    Kansas' workforce in the top two-thirds of the
    most cost-effective states in the nation.
  • The typical Kansas labor draw area for jobs
    that offer above average wages with benefits
    encompasses 60 miles.

8
CUSTOM-DESIGNED WORKFORCE TRAINING
  • Financial assistance to train new employees or
    retrain existing employees
  • A streamlined application and reimbursement
    process
  • Maximum flexibility and minimal red tape
  • Nearly 40,000 individuals trained over the last
    three years
  • A new initiative called Kansas 1st will provide
    businesses with an expanded array of training
    resources.

9
THE HOME OF
  • KANSAS SPEEDWAY Located in Kansas City, Kansas,
    featuring NASCAR NEXTEL Cup Series, Busch Series,
    and Indy Racing League races.
  • SPRINT CORPORATION World headquarters campus
    located in Overland Park.MAJOR AVIATION
    MANUFACTURING CLUSTER Boeing, Cessna, Raytheon,
    and Bombardier Learjet, along with numerous
    suppliers, employ over 40,000, with the greatest
    concentration in the Wichita metropolitan area.
    ECONOMIC DIVERSITY Companies include
    Amazon.com, Bayer, Black Veatch, Burlington
    Northern Santa Fe, Frito Lay, General Motors,
    Goodyear Tire, Hallmark Cards, IBP, Koch
    Industries, Target, Tonys Pizza, Wal-Mart, and
    Yellow Corporation.
  • WORLD-CLASS AGRICULTURE PRODUCTION Ranked first
    nationally in wheat production and second in beef
    processing.

10
WHAT OTHERS ARE SAYING
  • Morgan Quitnos State Rankings 2004 ranked
    Kansas as the sixth most livable state in the
    union based on 43 factors including median
    household income, crime rate, sunny days, and job
    growth.
  • Forbes Magazine published a study in its May 27,
    2004 issue, which names Kansas as the most
    business-friendly state in the nation. The study
    ranked states on taxes, environmental controls,
    welfare spending, prevailing-wage laws, and other
    factors.
  • Expansion Management magazine ranked the states
    workforce training programs 12th nationally for
    ease of access and overall financial value to
    clients (October 2003 issue).
  • The Road Information Program ranked the state as
    having the fourth best roads in the nation
    (Kansas City Business Journal, November 2003).
  • Economy.com rated Kansas overall cost of doing
    business as the 19th lowest in the nation
    (October 2003).

11
RECENT FACILITY LOCATIONS AND EXPANSIONS
  • AIG Insurance claims processing
  • American Insulated Wire copper wiring
  • CertainTeed Corp. plastic building products
  • Cessna aircraft manufacturing
  • DATACORE Marketing marketing consultants
  • Honeywell electronic instruments
  • Humana health insurance
  • INVISTA corporate headquarters
  • Modine Manufacturing truck radiator
    manufacturing
  • PRA International pharmaceutical product
    testing
  • T-Mobile customer service center

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CONTACT INFORMATION
For more information, please contact the Business
Recruitment Section of the Kansas Department of
Commerce, Business Development Division
at Phone (785) 296-5298E-mail
busdev_at_kansascommerce.com
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