Missouri Ranks 5th for Aerospace Manufacturing Attractiveness; & 2nd for Taxes
- July 25, 2016
Missouri recently ranked 5th in PricewaterhouseCoopers’ 2016 Aerospace Manufacturing Attractiveness Rankings among the 50 U.S. states. The rankings are based on a weighted average of costs, industry size, and infrastructure, stability and workforce.
Missouri moved up four spots from the number nine ranking, which it had previously held since 2013.
In relation to taxes, Missouri ranked as the second most attractive state for aerospace manufacturing.
Globally, the United States ranked as the most attractive country for aerospace manufacturing attractiveness, followed by Canada and the United Kingdom. This is the third year in a row that the USA was ranked in first place.
The US is the world’s largest aerospace producer and Missouri has a rich history in aerospace, from Charles Lindbergh, to the Mercury space program, to the latest in aerospace innovation. Today, that cutting edge innovation continues with more than 70 companies across Missouri, including Boeing, leading the way in every aspect of military aviation and equipment.
To learn more about Missouri as a business investment destination for the aerospace and defense industry visit our Advanced Manufacturing Network section and/or contact our CEO Steve Johnson to chat.