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Expand or Relocate to Missouri
      

Missouri Business Data

Relocate or Expand to Missouri

MO business climate, manufacturer incentives, and advantages of local communities

Business Data for Missouri


Population
5,987,580

Total Labor Force
3,162,716

Unemployment Rate
4.3%

# Manufacturers
7,130

Manufacturing Jobs
345,817

Right to Work
No

Unemp. Insurance Tax
0–7.8%


Manufacturing stats updated on 6/29/2016. All other data updated on 6/29/2016. IndustryNet is not responsible for errors or omissions.
 
Corporate Income Tax
6.25%

Sales Tax
7%. Exemptions include: Machinery and equipment used to establish a new facility or expand an existing manufacturing facility; replacement machinery and equipment used directly in manufacturing; air pollution abatement equipment; energy including electricity or natural gas used in manufacturing, mining, compounding, processing or producing a product; anodes used in manufacturing or other types of production.

Property Tax
Assessment rate for utility, industrial and all other real property is 32%. The local property rate is a combination of school, city, county and state levies.

Leading Mfg. Industries
(by # of employees)
15% Food and kindred products
14% Transportation equipment
12% Industrial machinery and equipment
10% Fabricated metal products
8% Printing and publishing

Largest Mfg. Employers
(by # of employees)
Boeing Defense, Space & Security (St. Louis) - 15,000
Cerner Corp. (Kansas City) - 10,070
Ford Motor Co., Kansas City Assembly (Kansas City) - 7,000
Monsanto Co. (St. Louis) - 5,000
Anheuser-Busch InBev Worldwide, Inc. (St. Louis) - 4,000
 
Counties with the Most Mfg. Jobs
St. Louis City - 90,713
Jackson - 66,591
St. Louis - 35,527
Greene - 20,681
St. Charles - 18,472

Cities with the Most Mfg. Jobs
St. Louis - 90,713
Kansas City - 53,004
Springfield - 20,101
St. Joseph - 10,980
Joplin - 8,718

Mfg. Related Business Incentives
• Enhanced Enterprise Zone Tax Credit
• BUILD (Business Use Incentives for Large-Scale Development
• Enterprise Zones
• Rebuilding Communities Tax Credit Program
• Missouri Quality Jobs Program
• Chapter 353 Property Tax Abatement
• Action Fund Loans
• Industrial Infrastructure Grants
• Missouri Life Sciences Research Trust Fund
• Chapter 100 Bonds (Property tax abatement and sales tax exemption on construction materials)
• Missouri Community College New Jobs Training Program
• Brownfield Redevelopment Area Tax Credits
• Seed Capital Tax Credit Program
• Missouri Automotive Jobs Act Tax Incentives
• Business Facility Tax Credit Program

Economic development agencies, chambers of commerce, and other organizations & businesses available to assist with your relocation to or from Missouri

Topeka, KS
Striving to recruit new business & help companies expand in Kansas
Machinery Movers & Riggers-Heavy Haulers-Installers-Millwrights
St. Joseph, MO
A one-stop organization that provides confidential services to assist existing companies expand & promote the location of new companies to the area. Located 35 minutes north of the Kansas City International airport, you can join an impressive mix of National & International companies such as Nestle, Boehringer Ingelheim Vetmedica, Johnson Controls, Hillshire & more that have enjoyed success in an individualized community.
Are you an economic development agency, chamber of commerce, or other organization in the business of helping companies relocate or expand? List your organization here and connect with growing businesses!
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