From the Governor
“We will make sure our schools prepare our children for a changing economy…with modern classrooms with modern technology. We owe that to our children, to their parents and to the future of our state.” —Gov. Laura Kelly
Strong Growth in the Sunflower State
Growth in Kansas’s manufacturing and logistics sectors continues to be driven by strong access to talent and the state’s central location. General Motors announced a $265 million investment here in February to support production of a new SUV, and Spirit Aerosystems continues its $1 billion expansion in Wichita. Overstock announced in August it will construct a 500,000-square-foot distribution center in Kansas City.
Workforce Development Assistance: Offsets training costs on new technology or production activities through the Kansas Industrial Retraining (KIR) and Kansas 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 tax exemption 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 Economic Development Alliance: kansaseda.com/pages/default.aspx
Greater Wichita Partnership: greaterwichitapartnership.org
Go Topeka: gotopeka.com
Kansas Department of Commerce: kansascommerce.gov
Highlighted Program or Initiative
In July 2018, former governor Jeff Coyler announced in July 2018 Land in Kansas, an economic development initiative that takes a comprehensive, multi-agency approach to economic growth. Key components include a new state marketing plan, a top-down review of development programs and a pilot program that enables communities to target specific areas for growth.
- General Motors announced in February 2018 a $265 million investment in its Fairfax Assembly & Stamping Plant in Kansas City to support production of the new Cadillac Crossover SUV.
- Andersons and ICM created a joint venture in May 2018 for a $175 million investment in an ethanol plant in southeast Kansas.
- Palmer Manufacturing and Tank announced in August 2018 a $16 million manufacturing facility in Garden City and plans to hire 201 workers within three years.
- Overstock announced in August 2018 it will construct a 517,000-square-foot distribution center in Kansas City and create more than 100 new jobs in the next two years.
- VNA proposed in September 2018 a $100 million biofuel plant in Sumner County that would create 225 jobs.
Lansing Trade Group
Seaboard (Fortune 500 headquarters)
“The Fairfax team earned this investment because of their commitment to built-in quality and their focus on the customer.” —Gerald Johnson, Vice President of North American Manufacturing, GM
“Selecting Kansas City as the home of Overstock’s newest fulfillment center allows us to offer over 99% of our U.S. customers two-day shipping options, improving shopping experiences by getting orders into the customer’s hands as soon as possible.” —Carroll Morale, Vice President of Supply Chain, Overstock.com