When it Comes to Attracting New Business, Missouri Gets the Gold
- August 06, 2024
With a winning combination of strategic location, a supportive business environment, and a highly skilled workforce, Missouri is attracting big business from all industries looking to grow in the midwest. In recent years, Google, Nuuly, American Foods Group, Meta and Swift Prepared Foods, have all chosen Missouri to build new, state-of-the-art facilities. Here are a few ways the state is shining bright on the national stage.
Missouri’s Gold Medal Business Climate
Missouri’s central location and infrastructure make it an attractive hub for manufacturing and logistics. The state’s infrastructure includes advanced telecommunication networks and reliable energy resources, ensuring businesses have the tools they need to operate smoothly. Missouri’s strategic investment in infrastructure has made it a key player in global supply chains and appealing to businesses of all sizes. Adding to Missouri’s rich business climate, the state’s economy is diverse and strong, with the largest sectors in agriculture, manufacturing, biosciences, and financial services, among others. New innovation communities and advanced manufacturing and agriculture roots make for a vibrant economy for businesses to thrive.
Missouri’s Winning Strategy for Business Success
In Missouri, growing your business is a team sport. Businesses looking to open a new location in Missouri will find a supportive, business-friendly environment with policies that encourage growth and investment. The state offers one of the lowest corporate income tax rates in the nation, which stands at just 4%. The Missouri Department of Economic Development offers a range of incentives and support programs to help businesses of all sizes thrive. From tax credits and grants to workforce development programs, Missouri is dedicated to fostering growth and innovation.
If Job Growth Was an Olympic Sport, Missouri Would Take the Gold
Missouri is leading the nation in job growth and employment in 2024. The state’s robust talent pool and comprehensive approach to workforce training and development have been key to pushing past the competition. Programs like Missouri One Start provide customized training to help businesses quickly adapt to changing industry needs. This commitment to developing a skilled workforce is a major draw for companies looking to invest in Missouri.