Tag: missouri

Kansas City Launches “Smart City” Initiative

Kansas City now offers more than 50 blocks of free outdoor public Wi-Fi downtown, 125 “smart” streetlights and 25 interactive kiosks to engage citizens.

Silicon Prairie

Droves of high-tech startups are putting down roots in the Great Plains.

USDA Awards Loans To Boost Rural Economic Development In Five States

The U.S. Department of Agriculture's (USDA) has awarded six low-interest loans to local governments and community organizations that will spur rural economic development in Missouri, Florida, Georgia, North Carolina and Texas.

Location Spotlight Of The Week: Joplin Regional Partnership

Joplin Regional Partnership, representing seven counties in SW Missouri, SE Kansas and NE Oklahoma, works to ensure the success of business locations. The region has a quality labor force, available buildings and sites and an efficient transportation network.

Business Report: Missouri – Owens Corning to Open Manufacturing Plant in Joplin

Owens Corning's $90-million project in Joplin, MO, a plant that will produce insulation products, is expected to create more than 100 jobs.

Metro Spotlight: Cuba, Missouri

A Small Town on the Move

Seventy-five minutes from St. Louis' downtown, Cuba, MO is a growing and prosperous community nestled comfortably in the peaceful Ozarks. Businesses locating in the city will find a growing industrial community coupled with the warmth and serenity of a rural lifestyle. Cuba's location on Interstate 44, a major U.S. and Missouri artery, links businesses to St. Louis, Chicago, Memphis, Kansas City, Oklahoma City, and the nation. Cuba also offers easy access to transportation by major interstate trucking, rail, bus and air, as well as a state-of-the-art communication infrastructure with digital switching and fiber optic networking. Considering the size of Cuba (a population of around 3,500), the town's existing industrial park has grown rapidly during the last 20 years. Companies that have moved and expanded in Cuba include Georgia Pacific, Olin, Dana Brake Parts, Inc., and Johnson and Controls, among others. To keep up with this growth, city leaders have opened a new 35-acre industrial park. Located a half mile away from Interstate 44, the Cuba Industrial Park II is adjacent to a 20-bay truck port, with a six-lane bridge to access the Interstate. All utilities are in place. Companies locating in Cuba will find one of Missouri's most successful Enterprise Zones, offering a low cost of living, affordable new housing, and the lowest corporate and income taxes in the state. Missouri's average property tax rate is $6.30/$100 on one-third of the value and the county tax is just $4.21/$100 on one-third of the value. Best of all, Cuba has no personal or real estate property taxes. Any qualified business that locates within the Enterprise Zone also can receive a comprehensive series of tax credits, tax abatements, and job training credits. The workforce of Cuba is ready, willing, and affordable. The unemployment rate in the area has averaged 6-7%, providing an ample supply of available and trainable workers. The city's strong work ethic translates to lower absenteeism, higher productivity, and profits. With a 27% population growth rate over the last census, Cuba's labor situation will remain attractive for many years to come.

Learning in Cuba

Cuba's public school system is fully accredited. Higher education facilities include the University of Missouri-Rolla, East Central College, Linn Technical College and Rolla Technical Institute, plus six state satellite schools within easy driving distance.

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Featured Location Spotlight

Ohio Electric Cooperatives: Location Spotlight Of The Week

To learn more about Ohio Electric Cooperatives generation, transmission and distribution capabilities, and the cooperative difference, visit this microsite.

Featured Location Videos

BF Location Video: Empire State Development – Big Happens Here

New York, home to the fastest-growing tech sector in the U.S., one of the best-educated workforces in America, over $1 billion in incentives and tax breaks, and the lowest middle-class tax rate in over half a century. This is an economy that launched over 50,000 new businesses last year alone.

Latest Blog Posts

Ken’s Foods Growing In Lebanon, IN

The national foods producer is setting up a new $90.5M manufacturing and distribution center in Lebanon, IN, creating 150 new jobs.

$35M Film And Television Production Complex Opens In South Bronx

Silvercup Studio’s third facility in New York – Silvercup North – will generate 400 new jobs in the South Bronx.

GM Announces $90M Northeast Indiana Investment

General Motors will invest more than $90 million to update equipment at its Marion Metal Center plant’s existing 2.7 million-square-foot campus.

Surveys & Research

New Jobs To Drive Migration To Middle America

Strong job growth on the coasts has been drawing people away from Middle America, but experts predict the trend will reverse.

CRE Functions Becoming More Aligned With C-Suite

A recent survey of corporate real estate executives finds an increased focus on the strategic aspects of CRE within companies.

Wisconsin: Where Collaboration Drives Industry Advancement

From water technology and food processing to energy, power and control, companies in Wisconsin that recognize their mutual dependency and have formed partnerships to address common challenges are thriving and creating new economic opportunities.