Content related to ‘missouri’
Droves of high-tech startups are putting down roots in the Great Plains.
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.
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.
Owens Corning’s $90-million project in Joplin, MO, a plant that will produce insulation products, is expected to create more than 100 jobs.
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.