The Missouri Partnership is a public-private economic development partnership and a top economic development organization in the US

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5 reasons Missouri is right for advanced manufacturing

 

Historically strong in automotive manufacturing and aerospace manufacturing, Missouri continues to attract companies in all facets of the industry. Location is key as proven by the presence of GM plants, Ford plants, and the headquarters of the Boeing Company's Defense, Space and Security.

The state of Missouri is situated within a day’s drive of half of all U.S. manufacturers and offers a complete range of shipping options for domestic and international trade. Low business energy costs, low corporate income taxes, and skilled workers mean Missouri businesses can expect exceptional productivity and high quality products.

 

1. A low-cost, pro-business environment helps companies prosper.

  • Missouri has been a top 10 pro-business state for five years in a row (Pollina Corporate Real Estate, 2014).
  • Missouri has some of the lowest electricity and fuel costs in the United States (EIA).
  • Missouri is tax-friendly, with low property and corporate income tax, and no tax on inventories.

2. Missouri's got talent!

  • Missouri's labor force of over 3 million exceeds the entire populations of 20 states (BLS, 2014 and U.S. Census Bureau, 2014).
  • Manufacturing employs 256,200 Missourians, or 9.4 percent of the state's total employment (BLS, 2013).
  • Over 4,000 degrees in engineering related fields are awarded each year in the state (NCES).
  • Missouri ranked 4th in 2014 for number of completed apprenticeships, with over 7,000 total apprentices enrolled, according to the U.S. Dept. of Labor.

3. Missouri puts you close to customers and suppliers.

  • Missouri's central location provides efficient access to both coasts.
  • Missouri is within 600 miles of 50% of U.S. households and 53% of U.S. manufacturing establishments.
  • Missouri is just one day's drive from nine of the fastest-growing metros in the country (U.S. Census Bureau).
  • Missouri is bordered by eight states-- tied with Tennessee for the most of any U.S. state.

4. Missouri's top-ranked transportation network can get your product to market faster, cheaper.

  • Missouri has one of the largest and least congested transportation networks in the United States.
  • Missouri is home to two of the largest U.S. rail terminals, offering access to East and West Coasts.
  • Missouri offers low-cost, year-round shipping to international markets via the Mississippi River.
  • Missouri has two airports supporting international traffic in St. Louis and Kansas City.

5. Missouri has a robust manufacturing sector with the resources to support all kinds of business.

  • Since 2010, Ford, GM and more than 60 auto suppliers have added-- or announced plans to add-- more than 9,000 new jobs and $2 billion capital investment in the Show-Me state.
  • Manufacturing contributes over $36 billion (13%) to Missouri's GSP of over $276 billion (BEA, 2013).
  • Fortune 1000 manufacturers headquartered in Missouri in 2014 included: Emerson, Monsanto, Energizer Holdings, Leggett & Platt, Sigma-Aldrich, Olin, Belden, and SunEdision.

Missouri auto industry manufacturers Include:
Able Manufacturing (HQ Joplin)
Bodine Aluminum (Troy, Overland)
Detroit Tool Metal Products (HQ Lebanon)
Ford (Kansas City)
General Motors (Wentzville)
Harley-Davidson (Kansas City)
Henniges Automotive (New Haven)
Kawasaki (Maryville)
Lear Corporation (Wentzville)
Leggett & Platt (HQ Carthage)
LMV Automotive Systems (Kansas City)
Maxion Wheels (Sedalia)
SRG Global (Farmington and Portageville)
TG Missouri Corp. (HQ Perryville)
Yanfeng USA Automotive Trim Systems (Kansas City)

Missouri aerospace industry manufacturers Include:
Boeing Defense, Space, & Security Division (HQ St. Louis)
GKN Aerospace (St. Louis)
LMI Aerospace (HQ St. Louis)
PAS Technologies (HQ Kansas City)
QinetiQ North America, Inc. (St. Louis and Ft. Leonard Wood)
Sabreliner (Perryville and Ste. Genevieve) 

 

Other Missouri advanced manufacturers Include:
ATK (Independence)
CG Power Systems (Washington)
Emerson (HQ St. Louis)
Honeywell Federal Manufacturing & Technologies (Kansas City)
Schneider Electric (Columbia, O'Fallon, and West Plains)
Noranda Aluminum (New Madrid)
Paul Mueller (HQ Springfield)
Watlow (HQ St. Louis)
 

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120 South Central Avenue, Suite 1535
Saint Louis, MO 63105

12200 NW Ambassador Drive, Suite 205
Kansas City, MO 64163