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CEO Guide to Site Selection

Kansas

A NEW STRATEGY FOR GROWTH

Kansas has recently experienced a record-breaking surge in economic development, expanding its profile as a location for emerging technologies, reshoring activity and a pro-business environment. One of the things driving this growth is the Kansas Framework for Growth strategic plan. It identifies five target sectors for recruitment and expansion: advanced manufacturing, aerospace, distribution, logistics and transportation, food and agriculture, and professional and technical services. There has been notable growth in the transportation sector. Panasonic Energy announced in late 2022a $4 billion EV battery manufacturing plant near Kansas City. EMP Shield announced a $1.9 billion semiconductor fabrication facility, while Integra Technologies announced a nearly $2 billion expansion at its Outsourced Semiconductor Assembly and Test (OSAT) company. Foreign direct investment in the state also continues to grow, with more than 580 international employers operating in the state with nearly 70,000 workers.

“As governor, I have been determined to make Kansas a place where businesses want to invest, where there is an abundance of good-paying jobs, and where young people feel they can build their futures.”
Laura Kelly
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Business Tax Climate Index ranking

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

Yes

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2010 and 2020

KEY INCENTIVES

Promoting Employment Across Kansas (PEAK): Offers ability to retain 95% of payroll tax withholding for 7 to 10 years for qualified companies.

Kansas Downtown Redevelopment Tax Rebate: A rebate of property tax collected on properties that have undergone approved improvements.

High Performance Incentive Program (HPIP): Offers a 10% corporate income tax credit on qualified capital investments of at least $50,000 for companies that pay above-average wages.

The KITE Proof of Concept (POC): Designed to fill a need for support where typical funding mechanisms are not available, acting as a bridge between federal funding for basic research and commercial seed funding by angel or venture investors.

EDCs

Kansas Department of Commerce
kansascommerce.gov

Kansas Economy
kansaseconomy.org

Greater Topeka Partnership
topekapartnership.com

Greater Wichita Partnership
greaterwichitapartnership.org

HIGHLIGHTED PROGRAM OR INITIATIVE

Gov. Laura Kelly’s Axing Your Taxes program aims to save Kansas residents more than $500 million over the next three years. The Axe the Food Tax bill aims to eliminate the 6.5% state tax on groceries. The next step proposes a sales tax holiday for back to school supplies. Kelly also proposes the cap for not paying taxes on Social Security income to $100,000.

BIG DEALS

  • Integra Technologies announced in February 2023 a $1.8 billion semiconductor plant and nearly 2,000 jobs in Wichita.
  • EMP Shield, announced in February 2023 a $1.9 billion computer chip manufacturing facility and 1,200 new jobs in Coffey County.
  • Michelin announced in June 2023 it will invest $100 million in its Junction City operations and create 200 new jobs.
  • Walmart announced in June 2023 it will invest $257 million and create 667 new jobs at its first fully owned and operated case-ready beef facility in Olathe.
  • Pure Imagination Studios announced in August 2023 it will build a $41 million studio and create more than 100 jobs in Topeka.
  • Hill’s Pet Nutrition broke ground in October 2023 on a $450 million facility in Tonganoxie. The project will create 100 jobs.

BIG COMPANIES

  • Seaboard (Fortune 1000 Headquarters)
  • Spirit AeroSystems (Fortune 1000 headquarters)
  • Euronet Worldwide (Fortune 1000 headquarters)
  • AMC Entertainment (Fortune 1000 headquarters)
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.