Kansas continues to expand its economy with exciting new announcements in the key sectors of agriculture and manufacturing. Hill’s Pet Nutrition, which cut the ribbon on an innovation center in Topeka in July 2021, announced a $250 million facility to be created by 2025. The state’s Animal Health Corridor is now home to the singlelargest concentration of animal health interests in the world, with 300 companies researching veterinary pharmaceuticals and food for pets and livestock.
Workforce Development Assistance: Offsets training costs on new technology or production activities through the Kansas Industrial Retraining (KIR) and Kan sas Industrial Training (KIT) programs.
Promoting Employment Across Kansas (PEAK): Offers ability to retain 95% of payroll tax withholding for several years for qualified companies.
Machinery & Equipment Expensing Deduction and Property Tax Exemption: Offers an expense deduction for business machinery and equipment and a taxexemption for commercial and industrial machinery and equipment.
High Performance Incentive Program (HPIP): Offers a 10% corporate income tax credit on qualified capital investments for companies that pay above-average wages.
Kansas Department of Commerce
Greater Topeka Partnership
Greater Wichita Partnership
CONNEX Kansas, a new program from Kansas Manufacturing Solutions and the Kansas Department of Commerce, aims to strengthen the state’s manufacturing supply chain. It offers an online manufacturing database and platform for Kansas manufacturers to connect, find local and domestic suppliers, manage the supply chain andexplore production capabilities.
One Fortune 500 company headquartered in state:
Other large companies include: