REDI Fact Book 11

8/3/2019 REDI Fact Book 11

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Regional Economic Development, Inc.Serving Columbia/Boone County Missouri since 1988

2011

Fact Book



Thank you for your interest in Columbia, Missouri. There are numerous

reasons to locate in this area, many of which are outlined on the following

pages. Additional information, including downloadable demographic data, can

be found online at www.columbiaredi.com.

REDI (Regional Economic Development, Inc.) represents Boone County and thecommunities of Columbia, Ashland, Centralia and Hallsville. All provide an

educated workforce in a central location to Missouri and the rest of the nation.

Each is actively seeking economic development opportunities and has available

sites. In addition, Boone County is home to Missouri’s major research

institution, the University of Missouri, where a high-tech research center,

technology incubator and Discovery Ridge Research Park are available for

companies that benefit from close collaboration with world-class University

researchers.

In 2009, REDI joined forces with the Kansas City Area Development Council(KCADC) in the Kansas City Animal Health Corridor. The corridor is the largest

concentration of animal health resources in the world.

Columbia is Boone

County’s largest

population center

and has received

numerous national

awards and

recognitions. Some

of the enclosed

information pertains

to Columbia

specifically, while

other facts are

reported county-

wide. Whether you

locate to Columbia,

Ashland, Centralia

or Hallsville, their

close proximity to

one another enables

all Boone Countians

to take advantage of

the numerous

amenities available

throughout the

county.

AREA QUICK FACTS

The Docking•Instituteof Public Affairs

determined thatColumbia has aCivilian LaborForce of more than201,000 skilledworkers.

Average cost of•living isconsistently belowthe nationalaverage.

In 2009 the•commercial airservice atColumbia RegionalAirportexperienced itsbest year since2000. Delta AirLines continues toprovide excellent

service throughtheir Memphis hubwith convenientconnections todestinationsworldwide. In2010, all Deltaflights fromColumbia Regionalwill transitionfrom turboprops to50-seat regional

jets.

An estimated•30,891 workers(33%) of theavailable laborpool areunderutilized.



1www.columbiaredi.com

LOCATION

Major citiessurround

Columbia,

which lies in

the Central

Time Zone.

Boone County is

centrally located

between Kansas

City and St. Louis

via Interstate 70

in Missouri.

Boone County

Boone County Populations

Columbia 102,324

Ashland 2,247Centralia 3,704

Hallsville 970

Source: 2009 U.S. Census Bureau Estimates



2 www.columbiaredi.com

EMPLOYMENT

The Civilian LaborForce for the nine-

county Columbia laborbasin is over 201,000

workers.

With the area’s consistent lower cost oliving, it takes less income to maintaina comfortable lifestyle compared toother areas of the country.

Household Income - Boone Count y

INCOMETOTAL

%HHOLDS

#

- $10,000 9.7% 6,177

$10,000 - $14,999 5.9% 3,758

$15,000 - $24,999 12.7% 8,087

$25,000 - $34,999 11.3% 7,189

$35,000 - $49,999 14.8% 9,387

$50,000 - $74,999 19.0% 12,072

$75,000 - $99,999 11.3% 7,158

$100,000 - $149,999 10.4% 6,639

$150,000 - 199,999 2.5% 1,610

$200,000 + 2.4% 1,545

100% 63,622

Mean HouseholdIncome

$60,096

Median HouseholdIncome

$44,787

Source: Source: 2005-2009 American CommunitySurvey 5-Year Estimates

Largest Employers

University of Missouri (MU)* 8,630

University Hospital & Clinics 4,279

Columbia Public Schools 2,140

Boone Hospital Center 1,647

City of Columbia 1,286

U.S. Department of Veterans Affairs** 1,250

Shelter Insurance Companies 1,171

MBS Textbook Exchange 1,084

State Farm Insurance Companies 1,043Hubbell Power Systems, Inc 680

Joe Machens Dealerships 613

State of Missouri (excludes MU)*** 557

Kraft Foods Columbia 522

Columbia College 490

Boyce and Bynum Pathology Labs 369

Boone County Government 365

ABC Laboratories, Inc 348

US Postal Service 341

Columbia Insurance Group 324Schneider Electric: Square D 300

MidwayUSA 294

Boone County National Bank 275

Watlow, Inc**** 270

U.S. Dept of Agriculture** 258

MFA, Inc 250

VA Mortgage Center 249

Frito-Lay/Quaker 240

CenturyLink 230

Woodhaven 220

3M 210

Source: Individual companies, unless noted* Includes MU, Extension and System employees

** Federal Office of Personnel Management

***Missouri Office of Personnel

****Harris Online Directory

Unemployment Rat es (Average)

Source: Missouri Economic Research and InformationCenter (MERIC)

5.8%5.4%

4.8%5.0%

6.1%

9.3% 9.4%

3.7% 3.5%3.2%

3.5%

4.3%

6.3% 6.3%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%

2004 2005 2006 2007 2008 2009 2010

Missouri Boone County

+




EMPLOYMENTcontinued

Miller’s Professional

Imaging takesadvantage of beingclose to the Universityof Missouri and therest of Columbia’stechnologicalcommunity. Accordingto Miller, his company“has seen greatsuccess in hiring teammembers. It would bedifficult to find a

better city.”

Richard Miller, CEOMiller’s ProfessionalImaging

Miller’s Professional Imaging

Mean Wage Rat es Per Hour

OCCUPATION COLUMBIA ST. LOUIS KANSAS CITY

Bookkeeping, Accountingand Auditing Clerks

$14.57 $16.70 $16.30

Computer Programmers $37.00 $34.02 $35.46

Database Administrators $29.80 $32.11 $34.42

Financial Analysts $22.82 $37.68 $36.55

First-Line Supervisors/Managers ofProduction and Operating Workers

$24.78 $28.50 $26.59

Industrial Machinery Mechanics $20.73 $23.43 $21.99

Laborers and Freight, Stock, andMaterial Movers, Hand $10.42 $13.04 $12.44

Medical and ClinicalLaboratoryTechnologists $25.25 $25.76 $25.94

Office Clerks, General $12.36 $14.59 $14.31

Receptionists and Information Clerks $10.37 $12.17 $12.50

Team Assemblers $14.52 $13.95 $14.52

Truck Drivers, Heavy and Tractor-Trailer $16.90 $20.14 $19.16

Source: US Bureau of Labor Statistics; May 2009 Occupational Employment and Wage Estimates



POPULATION

Boone County’s population has increased by 30% since 1990.

Expansion Managementmagazine ratedColumbia a five-star

city in its 2007 Qualityof Life Quotient.Measured against 362other MSAs, Columbiafared well intraditional quality oflife indicators as wellas the quality of its:• public schools• adult educationlevels• lower crime rate

A notable segment (25.3%) of Boone

County’s population is between the

ages of 25 and 44.

Source: 2005-2009 American

Community Survey 5-Year Estimates

Population

Age Breakdown

0-4 years........................ 9,7395-9 years........................ 8,58110-14 years..................... 8,85515-19 years..................... 14,13620-24 years..................... 25,89225-34 years..................... 19,36335-44 years..................... 19,02945-54 years..................... 18,90155-59 years..................... 7,787

60-64 years..................... 5,70265-74 years..................... 7,12975-84 years..................... 5,06185+ years........................ 1,661Male.............................. 73,184Female.......................... 78,652Median Age.........................29.2

Source: 2009 U.S. Census Bureau Estimates


Photo Courtesy of The District

Boone County’s ethnic mix mirrors that of most mid-size Midwestern communities.

Race Dist r ibut ion

NUMBER PERCENTAGEWhite 128,107 84.4%

African American 11,930 7.9%

American Indian/Alaskan Native 601 0.4%

Asian 4,723 3.1%

Native Hawaiian/Pacific Islander 143 0.1%

Hispanic or Latino (of any race) 3,830 2.5%

Two or More Races 4,603 3.0%

Source: 2005-2009 American Community Survey 5-Year Estimates

69,101

84,531

91,814

100,733

102,324

112,379

135,454

143,326

154,365

156,377

0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000

1990

2000

2005

2008

2009

City of Columbia Boone County




TRANSPORTATIONAccess to major highways, a regional airport and rail service speeds delivery ofgoods and services to and from mid-Missouri. The central location alsominimizes shipping costs.

Kansas City International Airport (two

hours west of Columbia) and LambertSt. Louis International Airport (90minutes east of Columbia) are eachserved by multiple major airlines.

ROADWAYS

Interstate 70-- East/WestU.S. Highway 63-- North/South

BUS SERVICES: Columbia Transit,Greyhound, Megabus, airport shuttleand charter services.

RAILROADS: COLT (Columbia Terminal)

- includes a local transload facility,

Norfolk Southern and Gateway Western

Railway/Kansas City Southern Railway

AIR TRANSPORTATIONColumbia Regional Airport (COU) has

20 weekly Delta Connection flights totheir Memphis hub (MEM) on 50-seatregional jets. COU is located 10minutes south of Columbia off U.S.Highway 63. The airport’s primaryrunway (2-20) is 6,500 ft long. Thecrosswind runway (13-31) is 4,400 ftlong.

General Aviation Services provided byCentral Missouri Aviation include: fuel,line services, hangar space, flightinstruction, charter, aircraftmanagement, aircraft rental and largeaircraft-airline/freight handling.Aircraft maintenance services areprovided by Columbia Avionics.

Boone County is aregional distributionhub, allowing

companies to accessmore than a dozenmajor motor andfreight carriers.

CenturyLink is the 4thlargest local exchangecarrier in the UnitedStates, offering data,voice and videoservices in 33 states.

Columbia’s current ISOrating is Class 2.Boone County is servedby nationallyrecognizedprofessional andvolunteer firedepartments.

UTILITIESElectricity: AmerenUE,

Columbia Water & Light, Boone

Electric Cooperative andCentralia Municipal Water &

Light

Natural Gas: Ameren Missouri

Columbia WaterSource: 15 wells in the McBaine bottoms, 2 Aqua

Storage & Recovery (ASR)Plant Capacity: 32 million gallons per day (MGD)

System Capacity: 28 MGD

Average Daily Consumption: 12.16 MGD

Peak Consumption: 17.07 MGD (8-9-2010)

Boone County Water:Consolidated District 1,

District 4, District 9 and

District 10

Sewer: The City of Columbia owns and operates

the Columbia Regional Wastewater Treatment

Plant and Constructed Treatment Wetlands. The

design treatment capacity is 20.6 MGD with an

average flow in 2010 of 16.0 MGD.

Local TelephoneCenturyLink; 100% Digital and Fiber Optic, Residential and Business Service

• Local exchange, Long distance, Internet access

• Single analog circuits to high capacity private digital networks

Mediacom Phone; Residential and Business Service

Socket Telecom, L.L.C.; Specializes in Business Service only

Broadband: There are multiple broadband providers throughout Boone County.




EDUCATION / TRAINING

Within a 50-mileradius, there are anabundance of studentsenrolled in post-secondary education,giving Columbia/Boone County a largenumber of available,well-educatedemployees.

On average, over 80%of the ColumbiaPublic Schoolgraduates continuetheir educationbeyond high school.

The educationalopportunities in the

immediate areaabound for recenthigh school graduates,for employers seekinghighly skilled workersand for businessesinterested in havingcontinuing educationopportunities nearbyfor their employees.

The local public school system is strong, routinely producing some of the largest•numbers of National Merit Scholars among Missouri public and private schooldistricts.Columbia Public School students continue to achieve ACT test scores above the•state and national averages. Additionally, the percentage of students taking thecollege entrance exam remains steady.Recently released ACT Profile Report, summarizing the performance of ACT test-•takers in the Class of 2010, indicates that Columbia students' average compositescore is 23.3, compared to 21.6 for Missouri test-takers and 21.0 for test-takersacross the nation.The Columbia Area Career Center has been granted the full five-year period•

of continuing accreditation from the North Central Association Commission onAccreditation and School Improvement.East year, district students take over 1,300 Advanced Placement exams with•more than 87% eligible for credit.

Boone County Publ ic Schools

ENROLLMENTSTUDENT-TEACHER

RATIO*

Columbia Public Schools 17,388 19:1

Southern Boone County R-1 (Ashland) 1,458 19:1

Centralia Public Schools 1,339 21:1

Hallsville Public Schools 1,336 20:1

Harrisburg Public Schools 575 17:1

Sturgeon Public Schools 423 13:1

*Student-"Classroom Teacher" Ratio (in past years, we have used overall student-teacher ratio)Columbia Public Schools is made up of 30 schools meeting the needs of all children, Pre-Kthrough 12th grade.

Source: Missouri Department of Elementary and Secondary Education

There are 19 private schools in Boone County

Post -Secondary Educat ion Opport unit ies Within 50 Mil es of Boone Count y

SCHOOL ENROLLMENT

University of Missouri 32,341

Columbia College 17,008

Columbia Area Career Center* 8,044

Moberly Area Community College 5,442Central Methodist University 4,656

Lincoln University 3,349

William Woods University 2,264

Linn State Technical College 1,171

Westminster College 1,151

Stephens College 1,125

Metro Business College 820

Source: Missouri Department of Higher Education (Fall 2010) - reported as "Total Head Count"

"Columbia Area Career Center 2008-2009 school year



"With more than 32,000 students and a $400

million scientific research operation, MU

is committed to building a better

America by driving technological

innovation, boosting the economy and

improving our quality of life .”

Brady J. Deaton, MU Chancellor

The University of Missouri (MU) is the area’s largest employer and offers

companies located here an abundance of opportunities for collaboration.

A $1.92 billion enterprise that

accounts for 72 percent of the

research dollars flowing to

Missouri public universities,

generating new knowledge and

jobs to power the economy.

In FY10, filed 67 U.S. patents and

received $9.5 million in licensing

revenue; numerous startup

companies are being developed

based on MU discoveries and

technological innovation.

One of only five universities

nationwide with law, medicine,

veterinary medicine and a nuclear

research reactor on one campus.

MU also has strong agriculture

and engineering programs.



R E S E A R C H

F A C I L I T

I E S A N D

T H

E M

U

I M

P A C T

DISCOVERY RIDGE

WHERE

SCIENCE

GOES

TO

WORK

DiscoveryRidgeResearchPark is anexclusiveuniversityresearchpark forhigh-tech companies to collaboratewith university researchers andprivate businesses.

MU LIFE SCIENCE

BUSINESS

INCUBATOR AT

MONSANTO

PLACE

BRIGHT IDEAS BECOMING BRILLIANT COMPANIES

Located near the largest

university-based research reactorin the country, the life sciencebusiness incubator provides anenvironment conducive tocompany growth and a place forresearchers to further developtheir research into profitablecompanies.

RESEARCH

REACTOR PROVIDING Q UALITY NUCLEAR PRODUCTS AND SERVICES

The MU Research Reactor (MURR) isthe largest U.S. producer ofradioisotopes used in the diagnosisand treatment of cancer.

MU is a $1.92 billion enterprise that•operates 24/7 and accounts for 72 percentof the research dollars flowing to Missouri’spublic universities.

A source of innovation, creativity and•entrepreneurship, MU boosts the economyby performing research, creating jobs,

improving graduates’ earning potential andcommercializing businesses.

Annually, MU attracts about $200 million in•federal contracts and grants to Missouri.That money is then spent more than twicebefore leaving the state, generating $500million in economic activity – an amountroughly equivalent to 50 companies withrevenues of $10 million each.

The Mizzou Advantage reflects MU’s•

collaborative culture, combining uniquestrengths in food for the future; sustainableenergy; media of the future; one health,one medicine; and disruptive andtransformational technologies.

MU’s nationally prominent scholars and•scientists bring their discoveries into theclassroom, publish more than 1,500 booksand scholarly articles each year, and attractmulti-million-dollar grants. Recent awardsinclude $8.5 million (cardiovascular

diseases), $7.6 million (medicinal propertiesof plants), $7.5 million (electronic healthrecords) and $3 million (training for energy-sector jobs).

To date, companies that have licensed•products invented by MU scientists havereceived about $1 billion in sales revenues.

While U.S. businesses are moving operations•to foreign countries, MU is doing its part to

attract high-tech industries to Missouri.Shasun, an international pharmaceuticalcompany and one of the world’s leadingsuppliers of ibuprofen, has joined MUnanomedicine experts in developing acancer treatment that uses goldnanoparticle technology created at theuniversity. Their new company will continueresearch and development required for thetreatment to receive federal approval foreventual use in humans.



MU scientists start with basic research,•which often leads to importantdiscoveries. For example, ProfessorGabor Forgacs began his research in2006 with a $5 million grant from theNational Science Foundation. In 2009, aregenerative medicine company,Organovo, licensed the technology and

is producing a 3-D bioprinter to buildhuman organs with a person’s owncells. Forgacs’ work was listed as oneof the “50 Best Inventions of 2010” inTIME magazine.

MU operates one of five U.S. centers•funded by the National Institutes ofHealth to lead interdisciplinaryresearch on botanicals, part of a $25billion dietary supplement industry.

In 2010, clients of MU Extension’s•Business Development Programgenerated $1.19 billion in economicimpact for the Missouri economy,creating or retaining 16,143 jobs andstarting 265 businesses.

MU is a national leader in comparative•medicine; researchers collaborate,sharing discoveries, innovations andtreatments benefiting both animals andhumans.

Professor Fu-Hung Hsieh and his team•have created a soy substitute thatlooks, tastes and chews like chicken.Their work received worldwide mediaattention, including stories in TIMEmagazine and on the DiscoveryChannel. The poultry meat technologyhas been licensed to J Green NaturalFoods Co., and collaborative efforts todevelop more products for the

expanding meat-substitute market areunderway.

Mizzou ranks No. 8 in the nation and•No. 15 in the world for the influence ofits plant and animal sciences researchfrom 1999 to 2009 (Thomson Reuters).

RE SEAR

CH

FA CIL

ITIE S A N

D TH

E M

U I M

PA CT

CHRISTOPHER S.

BOND LIFE SCIENCES

CENTER

TEAMWORK IS KEY TO ADDRESSING MODERN PROBLEMS

The BondLife SciencesCenter is astate-of-the-art facilityhousing 35of MU's toplifescientists

who are working together to improve thequality and safety of food, prevent andtreat disease and protect theenvironment.

INTERNATIONAL

INSTITUTE FOR

NANO AND

MOLECULAR

MEDICINE TRANSFORMING THE TREATMENT OF CANCER

The International Institute for Nano &

Molecular Medicine is home to some ofthe world's best nanoscientists fightingcancer and other diseases.

DALTON

CARDIOVASCULAR

RESEARCH CENTER

CENTER OF EXCELLENCE IN CARDIOVASCULAR RESEARCH

Interdisciplinary research is the

hallmark of the university's DaltonCardiovascular Research Center.Mizzou scientists from such fields asbiochemistry, biological engineering,electrical engineering, medicine,physiology and veterinary medicinecome together and apply theirparticular expertise to health

problems likehypertension,cancer, cysticfibrosis andheart

disease.






BUSINESS CLIMATE

INCENTIVES

An incentive program, based on Chapter 100 Revenue Bonds, is available within BooneCounty. Contact the REDI office for more information.

FINANCING

Centennial Investors was created to meet the early capital needs of university andprivate sector entrepreneurs. It assists in bringing to market exciting ideas generated inuniversity labs and private businesses. Often referred to as “Angel Investing,” thisprivate capital is an important requirement for creating new products, services andjobs in our community.

FACTS ON TAXES

Boone County's total tax structure provides a corporation with a favorable taxenvironment. REDI can provide tax estimates for proposed projects based on a brief

questionnaire.

Frito-Lay/Quaker

Gates

The Quakermanufacturing facilityhas been certified atthe highest level ofthe OccupationalSafety and HealthAdministration’sVoluntary ProtectionPrograms. Themanagement andemployees at thefacility have beenrecognized for theoutstandingcommitment tocomprehensive safetyand health programs.

The State of Missouri

was ranked the topstate and was one ofonly six states to earnan “A”, according tothe 2008 NationalManufacturing andLogistics Report Cardissued by Ball StateUniversity.

Boone County Commercial Propert y Tax Rat e*

2010 2009 2008 2007 2006

City 0.4100 0.4100 0.4100 0.4100 0.4100

County 0.2802 0.2802 0.2789 0.2789 0.2789

State 0.0300 0.0300 0.0300 0.0300 0.0300

School District 4.8492 4.7717 4.7292 4.7089 4.6706

Boone CountyLibrary District

0.2986 0.2986 0.2986 0.2986 0.2986

Surtax** 0.6100 0.6100 0.6100 0.6100 0.6100Total 6.4780 6.4005 6.3567 6.3364 6.2981

*Tax rates are representative -- actual rates may vary upon location

*Commercial Property is assessed at 32% of fair market value

*Residential Property Tax Rate is assessed at 19% of fair market value

*The tax rate is applied to each $100 of assessed value

*2010 Sales Tax in Columbia is 7.35% except in TDD designated areas which may have atax rate as high as 7.85%.

**County-wide Surtax on Subclass III Property

County includes Group Home and Road and Bridge.

Source: Boone County Collector's Office

Missouri Corporate Income Tax

Rate is 6.25% with a net effective rate of 5.2%•50% of federal income tax payments are deductible•Only Missouri income is taxed•Missouri income allocated on the lower of: 1) sales, or 2) ‘three factor’ formula•based on sales, property and payrollNo worldwide or nationwide unitary tax assessment•



Property Tax

The inventories of manufacturers, retailers, distributors and wholesalers are exempt•from property taxReal property (land and building) classified as commercial or industrial is assessed at•32% of fair market value

Personal property equipment is assessed at 33 1/3% of fair market value•The personal property tax rate is $5.87 per $100 of assessed valuation•Boone County's total real property tax rate is $6.40 per $100 assessed valuation•(actual rate may vary upon location)

Missouri Franchise Tax1/30 of 1% or $0.33 per $1000 of par value outstanding shares and surplus or total assets

Sales TaxCombined state and local rate is 7.35%. A higher sales tax rate, up to 1%, may applywithin Transportation Development Districts (TDDs). Missouri has responded to the needsof industry by providing eighteen major exemptions from sales/use taxes. Some of those

exemptions include:1) Machinery and equipment used in a manufacturing facility2) Machinery that abates air or water pollution3) Materials and supplies used to install the above4) Electricity consumed in the manufacturing process

Unemployment InsuranceMissouri unemployment benefits provide temporary compensation to those workersmeeting the eligibility requirements of Missouri law. The Missouri Department of Laborand Industrial Relations and each other state's unemployment office administers its ownunemployment insurance program within Federal guidelines. The value of unemploymentbenefits in Missouri differs from that of other states because each state unemploymentoffice applies its own formulas and limits when calculating the level of unemploymentcompensation. The duration of unemployment benefits in Missouri may also differ fromthat of other states.

Workers CompensationCompanies can offer this protection through aprivate insurance carrier or they can become self-insurers. Premium rates vary, depending on therisks associated with special occupations. As inmost states, the premium rates apply to anemployee’s total annual salary. The maximum

weekly benefit for temporary total disability,temporary partial disability, permanent totaldisability and death is currently computed as 105%of the average weekly wage, determined annuallyon July 1. Missouri's workers compensation ratescompare favorably with those in other states.Though benefits for claimants in other states usually increase automatically from year toyear, in Missouri benefits cannot be increased without the review and approval of thestate legislature.

Gross ReceiptsThe City of Columbia, like most Missouri cities, levies a 7.5268% gross receipts tax on

utility services within the City of Columbia.

BUSINESS CLIMATE continued


Maximum Media

Forbes rankedColumbia the 5th Best

Metro for Businessand Careers(populations of240,000 or less) in its2009 study thatexamined the cost ofdoing business, jobgrowth andeducationalattainment.



Source: City of Columbia FinanceDepartment, Business License Div

*Reporting period July 1-June 304,627

4,807

4,982

5,008

4,933

4,859

4,400 4,500 4,600 4,700 4,800 4,900 5,000 5,100

2005

2006

2007

2008

2009

2010


BUSINESS CLIMATE continued

In 2011, Columbia,became the only cityin Missouri with twoState Certified Sites.The new Sutter site,along with theexisiting Ewing site,provide Columbia andBoone County with acompetitiveadvantage inattracting 21stcentury jobs. Bothproperties are“development ready”with road access, afull range of utility-supportinginfrastructureavailable and geo-technical testing andenvironmentalcompliance

inspections alreadycompleted.

Taxable Sales - Boone County

Quarter Total Taxable Sales Retail Sales Percentage of Total

2010 1 $515,911,295.02 $328,447,560.53 64%

2010 2 $534,539,716.71 $353,781,848.87 66%

2010 3 $565,778,945.13 $362,007,575.48 64%2010 4 $581,967,755.84 $400,931,691.16 69%

2010 Total $2,198,197,712.70 $1,445,168,676.04 66%

2009 1 $516,383,372.86 $321,934,244.76 62%

2009 2 $528,254,769.91 $344,618,170.65 65%

2009 3 $544,485,607.87 $344,956,949.46 63%

2009 4 $563,492,213.05 $382,300,472.37 68%

2009 TOTAL $2,152,615,963.69 $1,393,809,837.24 65%

Source: Missouri State Department of Revenue - Taxable Sales (Sales and Use Taxes)

Total Const ruct ion

CITY OF COLUMBIA BOONE COUNTY

Permits Valuation Permits Valuation

2010 1,481 $147,795,782 581 $113,668,124

2009 1,199 $195,765,290 504 $38,759,020

2008 1,234 $234,947,409 544 $47,434,904

Single Famil y Const ruct ion 2010 404 $69,019,852 145 $24,371,981

2009 380 $56,280,005 129 $24,362,054

2008 335 $57,180,230 125 $25,682,604

Source: Boone County Planning & Building Inspection; City Protective Inspection Department(Numbers are exclusive)

Business License Accounts - Cit y of Columbia*



LOCAL LIFESTYLE


With realistic homeprices and a lower costof living, Columbia,Missouri is a greatplace to retire. Infact, the City wasranked #8 last year inthe US News and WorldReport’s list of Where

to Buy a RetirementHome for Under $600 aMonth.

Columbia is consistently listed among the top cities in the United States by nationalmagazines and organizations. Its excellent public school system, access to qualityhealth care and central location consistently earn Columbia’s position as one of the topplaces to live and do business.

Columbia is consistently listed among the top cities in the United States by national•magazines and organizations. Its excellent public school system, access to qualityhealth care and central location consistently earn Columbia’s position as one of thetop places to live and do business.

2010, Richard Florida adds Columbia to his Creative Class List citing Columbia as a•great place for college graduates to live, work and enjoy life.

In 2009, Forbes ranked Columbia the 8th Best College Sports Town in America.•

In 2009, the University of Missouri was named a Community-Engaged Campus by the•Carnegie Foundation. Less than 5% of colleges and universities nationwide havebeen awarded this honor. The honor is based on mutually beneficial collaboration

between students, faculty and the community.In 2010, Forbes ranked Columbia 8th in its Best Places for Business and Careers -•Columbia has been listed for the last four years in the top ten.

Forbes ranked Columbia 13th in its 2008 Smartest Cities in America study, based on•education levels of residents in the Columbia metro area.

In 2008, American Institute for Economic Research named Columbia as the eighth•best city for college students with a population under 250,000. Cities are judged on12 different measures including cost of living and job opportunities.

Cost of Living Index - 2010 Averages

96.7%

95.5%

95.5%

116.8%

91.7%

103.1%

121.7%

97.7%

104.4%

90.4%

88.4%

0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0% 14

Ames, IA

Atlanta, GA

Austin, TX

Chicago, IL

Columbia, MO

Denver, CO

Hartford, CT

Kansas City, MO-KS

Richmond, V A

St. Louis, MO

Tulsa, OK




“Columbia is awonderful communitywith an abundance ofresources and a senseof strong familyvalues. With theproximity to the

university, it's an ideal'economical' source forthe high quality,scientific workforcethat we require at ABCLabs.”

Byron HillPresident and CEOABC Laboratories, Inc.

LOCAL LIFESTYLE continued

Healthcare

HOSPITAL NAME BED COUNT

Boone Hospital Center 394

University Hospital* 274Women's and Children's Hospital* 189

Harry S Truman Veterans Hospital 118

Children’s Hospital* 115

Missouri Psychiatric Center* 57

Howard A Rusk Rehabilitation Center** 60

Ellis Fischel Cancer Center* outpatient facility

Total 1,207

Source: Individual Hospital Web Sites

* Part of University of Missouri Health Care

**Joint venture between HealthSouth and the University of Missouri

Local Media

Print Media 13

Cable Companies 3

Boone County Radio 11

Television Stations 7

Climate - 2010

Avg Temperature 54.8o F

Avg Min Temperature 45.0o F

Avg Max Temperature 64.6o F

Total Precipitation 45.97 in

Total Snowfall (July-June) 20.7 in

Source: NOAA Online Weather Data

Home Sales by Price Range - Boone Count y

2008 2009 2010

Under 50K 48 36 5850K-80K 94 83 73

80K-100K 178 110 115

100K-160K 784 763 644

160K-350K 728 634 620

>350K 87 82 81

Source: Columbia Board of Realtors

Columbia Housing

A lot of house forthe Money!




BOONE COUNTY COMMUNITIES

Ashland

Centralia

Hallsville

Ashland is located directly west ofColumbia Regional Airport andcentrally located between Columbiaand Jefferson City.

The Ashland School district was givena "Distinction of Performance" ratingby the State of Missouri.

Close to universities and colleges.

Centralia offers more than 90 acresof easily developed land withadjacent state highway access andindustrial zoning available. Sewermains to the site are beingconstructed and a sewage treatmentplant is nearby.

Several large tracts in and near thecity have access to rail service - insome cases two separate rail lines.

An industrial city, having hosted the750 employees of Hubbell/Chance(former A.B.Chance Company) for afull century.

A full service city, providing allutilities.

Just north of Columbia, Hallsville wasthe fastest growing city in BooneCounty in 2005 and 2006 according tothe Boone County Assessor's office.

Industrial lots available.

City has tripled in area during thelast 10 years through voluntaryannexations.

Record number of building permitsfor single family homes and businesslicenses have been issued in the lasttwo years.

23-acre park with eight shovel-ready sites adjacent to ColumbiaRegional Airport. Average site size is 2.6 acres, but re-plattingof multiple sites is an option.

Clean RoomSpace

900 square feetavailable, witha 15’ x 15’ roomrated at Class 10.

Remaining space is under Class 100 400 square feet of adjoining office space and rest rooms Two 5-ton HVAC systems, steam-in plus dehumidification

system and temperature control to +/- 1o Fahrenheit Power includes 3-phase with European transformer Gowning area, Class 10 clean room (light tight), wet processing

area with backflow preventer, water filtration and eyewashstation

Russell Rail Site

48-acreindustrial sitewith rail access,located offHighway 22 andRoute CC.

Electricity - City of Centralia Gas - AmerenUE Sewer and Water - City of Centralia

Site is adjacent to the Norfolk Southern rail line.



J. Mike Brooks, President Michele Holmes, Executive Assistant

[email protected] [email protected]

Phone: 573.442.8303 www.columbia redi.com Fax: 573.443.8834

If your business requires an educated workforce in a business-friendly environment,Columbia/Boone County, Missouri is the right location for you.

High-tech companies benefit from our highly-educated workforce and collaboration withMU, the state’s premier research institute. Manufacturers like 3M, Kraft Foods and Frito-

Lay find Columbia/Boone County a profitable location for their facilities. Home to theworld headquarters of Shelter Insurance Company and regional headquarters of State FarmInsurance Companies, Columbia/Boone County offers a low cost of living with a superiorquality of life that employees enjoy.

We look forward to hearing from you, and helping make Columbia/Boone County, Missourihome to your business.

Regards,

J. Mike Brooks, President

[email protected]

M. Rogers Courtesy of Columbia CVB

OUR ORGANIZATION

For Your Business

If you value the quality of your business's location and of your workforce,

Columbia and the surrounding communities of Ashland, Centralia and Hallsville

are the ideal location for you. Boone County’s major research university, the

University of Missouri, is working to commercialize its technology while the

area positions itself as a life sciences and high-tech location. With Boone

County's college graduate pool, 11 continuing education facilities within a

50-mile radius and available industrial space, the area offers a lot for

business.

We Can Help

To learn more about the business opportunities in Boone County, contact

REDI. One of our representatives can help you with:• Available site and building information

• Comprehensive area demographic information

• Labor availability studies

• Community tours

• Community orientations and introductions

• Customized state incentive proposals

• Groundbreaking and ribbon-cutting ceremony coordination

Contact Us



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Documents

REDI Fact Book 11