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Columbia Redi Fact Book 2007


Columbia, Missouri

2 0 0 7

Thank you for your interest in Columbia, Missouri. There are numerous

reasons to locate in this area, many of which we will outline on the

following pages. Additional information, including downloadable demographic

data, can be found online at www.columbiaredi.com.

REDI (Regional Economic Development, Inc.) represents Boone County and the

communities of Columbia, Ashland, Centralia and Hallsville. All provide a

central location to Missouri and the rest of the nation. Each is actively seeking

economic development opportunities and has available industrial sites. In

addition, Boone County is home to a major research university, the University

of Missouri-Columbia, where a technology incubator and research park are

currently under construction.

Columbia is Boone County’s largest population center and has received

numerous national awards and recognitions. Some of the enclosed information

pertains to

Columbia

specifically, while

other facts are

reported countywide.

Whether you

locate to Columbia,

Ashland, Centralia

or Hallsville, their

close proximity to

one another enables

all Boone Countians

to take advantage

of the numerous

amenities available

throughout the

county.

AREA QUICK FACTS

• The Docking Institute

of Public Affairs

determined that

Columbia has a

Civilian Labor Force

of more than 202,000

skilled workers.

• Average cost of living

is consistently below

the national average.

• “Columbia has more

exemplary public

schools per capita

than any city in the

nation” according to

the U.S. Department

of Education.

• Boone County is

centrally located

between Kansas City

and St. Louis via

Interstate 70.

• Columbia ranked in

the top 11% (112th) in

economic strength

against 1,035 other

U.S.metropolitan and

micropolitan

statistical areas in a

2005 Policom

Corporation Study.

The ranking was

based on Columbia's

rapid, consistent

growth in both size

and quality for an

extended period of

time.

• An estimated 33,093

workers (31%) of the

available labor pool

are underemployed.

www.columbiaredi.com 1

LOCATION

Major cities

surround

Columbia,

which lies in

the Central

Time Zone.

Boone County is

centrally located

in Missouri.

Boone County Populations:

Columbia 91,814

Ashland 2,175

Centralia 3,657

Hallsville 955

Source: 2005 American FactFinder

(US Census Bureau)

Boone County

2 www.columbiaredi.com

EMPLOYMENT

Household Income - Boone County

Unemployment Rates

Largest Employers

Missouri

Boone County

With the area’s consistent lower cost of living, it takes less income to maintain

a comfortable lifestyle compared to other areas of the country.

The Civilian Labor Force

for the nine-county

Columbia labor basin is

over 202,000 workers.

6.0%

5.0%

4.0%

3.0%

2.0%

1.0%

0.0%

2001 2002 2003 2004 2005 2006*

* December 2006 (not an annual average)

Source: Missouri Economic Research and

Information Center (MERIC)

University of Missouri-Columbia (MU)***. 7,905

University Hospital & Clinics.............. 4,054

Columbia Public Schools................... 2,150

Boone Hospital Center...................... 1,769

City of Columbia............................. 1,220

State Farm Insurance Companies......... 1,151

Shelter Insurance Companies.............. 1,040

MBS Textbook Exchange.................... 947

Hubbell Power Systems, Inc............... 910

US Department of Veterans Affairs*...... 910

State of Missouri (excludes MU)**........ 769

Columbia Foods, Inc........................ 620

3M.............................................. 520

US Postal Service*........................... 490

Boone County Government................ 362

Square D...................................... 342

Watlow, Inc................................... 320

Boone County National Bank.............. 300

ABC Laboratories, Inc....................... 290

Columbia College............................ 285

Columbia Insurance Group................. 275

Mid-Missouri Mental Health Center....... 275

Dana Corporation............................ 274

Tribune Publishing Company............... 274

OTSCON....................................... 251

MFA, Inc....................................... 243

Collins & Aikman............................ 241

US Dept of Agriculture*.................... 241

LSS at Lenoir Woods........................ 240

First National Bank......................... 237

Full-time benefitted employees

Does NOT include retail

Source: Individual companies, unless noted

* Federal Office of Personnel Management

** Missouri Office of Personnel

*** Includes: University of Missouri-Columbia,

Extension and System employees

INCOME TOTAL % NUMBER OF HOUSEHOLDS

- $10,000 12.0% 7,389

$10,000 - $14,999 6.0% 3,690

$15,000 - $24,999 13.0% 7,916

$25,000 - $34,999 15.0% 9,027

$35,000 - $49,999 13.5% 8,191

$50,000 - $74,999 18.0% 10,903

$75,000 - $99,999 9.5% 5,752

$100,000 - $149,999 9.0% 5,696

$150,000 - 199,999 2.0% 975

$250,000 + 2.0% 1,462

100% 61,001

Mean Household Income $54,182

Median Household Income $39,453

Source: 2005 American FactFinder

(US Census Bureau)

www.columbiaredi.com 3

EMPLOYMENTcontinued

Mean Wage Rates Per Hour

Bookkeeping, Accounting

and Auditing Clerks $13.66 $14.71 $14.39

Computer Programmers $23.75 $31.20 $30.94

Database Administrators $25.50 $29.58 $29.96

Extruding and Drawing Machine Setters,

Operators, and Tenders, Metal and Plastic $12.37* $14.97 $13.46

Financial Analysts $39.81 $29.77 $32.46

First-Line Supervisors/Managers of

Production and Operating Workers $21.92 $25.29 $24.89

Industrial Machinery Mechanics $18.05 $20.74 $20.39

Laborers and Freight, Stock, and

Material Movers, Hand $10.21 $11.62 $11.60

Medical and Clinical Laboratory

Technologists $23.12 $22.36 $28.40

Office Clerks, General $9.78 $12.09 $11.76

Receptionists and Information Clerks $10.10 $10.65 $11.55

Team Assemblers $11.32 $15.40 $14.36

Truck Drivers, Heavy and Tractor-Trailer $14.59 $18.04 $18.71

Information reported by MSA, unless otherwise noted

*Reported as Central Region

Source: Missouri Economic Research and Information Center (MERIC) May 2005 Occupational

Employment and Wage Estimates

OCCUPATION COLUMBIA ST. LOUIS KANSAS CITY

Miller’s Professional

Imaging takes

advantage of being

close to the University

of Missouri and the rest

of Columbia’s

technological

community. According

to Miller, his company

“has seen great success

in hiring team

members. It would be

difficult to find a

better city.”

Richard Miller, CEO

Miller’s Professional

Imaging

Miller’s Professional Imaging

POPULATION

Many people call Boone County home, and that number continues to increase.

The City of Columbia

estimates the 2007

population of Columbia

at 96,093 and Boone

County at 148,196.

Expansion Management

magazine rated

Columbia a five-star

city in its 2006 Quality

of Life Quotient.

Measured against 362

other MSAs, Columbia

fared well in traditional

quality of life indicators

as well as the quality of

its:

• public schools

• adult education levels

• standards of living

• spousal employment

opportunities

• traffic and commute

times

• lower crime rate

• affordable housing

• continuing education

opportunities

A notable segment (31%) of Boone

County’s population is between the

ages of 25 and 44.

Source: 2005 American FactFinder

(US Census Bureau)

Boone County’s ethnic mix mirrors that of most mid-size Midwestern communities.

Boone County Population

Age Breakdown

Race Distribution

2005

2004

2000

1990

0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000

143,326

91,814

141,216

89,803

135,454

84,531

112,379

69,101

Boone

County

Columbia

0-4 years........................ 8,666

5-14 years....................... 16,509

15-19 years..................... 8,447

20-24 years..................... 17,408

25-44 years..................... 41,723

45-54 years..................... 18,139

55-64 years..................... 11,480

65-74 years..................... 6,746

75-84 years..................... 3,616

85+ years........................ 1,657

Male.............................. 65,508

Female.......................... 68,883

Median Age..................... 32.2

Source: 2005 American FactFinder (US Census Bureau)

NUMBER PERCENTAGE

White 113,259 83.75%

African American 11,125 8.23%

American Indian/Alaskan Native 365 0.27%

Asian 4,498 3.33%

Native Hawaiian/Pacific Islander 81 0.06%

Hispanic or Latino 2,959 2.19%

Two or More Races 2,945 2.18%

Source: 2005 American FactFinder (US Census Bureau)

4 www.columbiaredi.com

Photo Courtesy of The District

www.columbiaredi.com 5

TRANSPORTATION

UTILITIES

Passenger Airlines

US Airways Express-- 4 flights/day

ROADWAYS

Interstate 70-- East/West

U.S. Highway 63-- North/South

BUS SERVICES

CAT (Columbia Area Transit--

intracity), Greyhound, airport shuttle

and charter services.

RAILROADS

COLT (Columbia Terminal), Norfolk

Southern, and Gateway Western

Railway/Kansas City Southern Railway

Boone County is a

regional distribution

hub, allowing

companies to access

more than a dozen

major motor and

freight carriers.

Access to major highways, a regional airport and rail service speeds delivery of

goods and services to and from mid-Missouri. The central location also

minimizes shipping costs.

AIR TRANSPORTATION

Columbia Regional Airport, served by

US Airways Express, is located 10

minutes south of Columbia.

Kansas City International Airport

(two hours west of Columbia) and

Lambert St. Louis International

Airport (90 minutes east of

Columbia) are each served by

multiple major airlines.

Columbia Regional Airport

Primary Concrete Runway-- 6,500 ft.

Crosswind Runway-- 4,400 ft.

Electricity

AmerenUE

Columbia Water & Light

Boone Electric Cooperative

Centralia Municipal Water & Light

Natural Gas

AmerenUE

Columbia Water

Source: 15 wells in the McBaine bottoms

Plant Capacity: 32 million gallons per day (MGD)

System Capacity: 26 MGD

Average Daily Consumption: 13.71 MGD

Peak Consumption: 22.56 MGD

Boone County Water

Consolidated District 1, District 4, District 9 and District 10

Sewer

The City of Columbia owns and operates the Columbia Regional Wastewater

Treatment Plant and Constructed Treatment Wetlands. The design treatment

capacity is 20.6 MGD with an average flow in 2006 of 12.9 MGD.

Local Telephone

CenturyTel; 100% Digital and Fiber Optic, Residential and Business Service

provides customers:

• Local exchange

• Long distance

• Internet access

• IXC services (800, WATS, Private line & Digital services)

• Single analog circuits to high capacity private digital networks

Socket Telecom, L.L.C.; Specializes in Business Service only

CenturyTel is the eighth

largest local exchange

carrier in the United

States.

Boone County is served

by nationally recognized

professional and

volunteer fire

departments.

Columbia’s current ISO

rating is Class 3.

6 www.columbiaredi.com

EDUCATION / TRAINING

Boone County Public Schools

Post-Secondary Education Opportunities Within 50 Miles of Boone County

The local public school system is strong, routinely producing some of the

largest numbers of National Merit Scholars among Missouri public and private

school districts.

• Each year, college scholarship offers to graduating seniors exceed $12

million.

• Of the 90% entering post-secondary education after high school, more than

70% attend a college or university.

• As a group, Columbia Public School District students place between the 90th

and 95th percentile on the ACT when compared to students across the

nation.

The Columbia Public School District has four high schools, three junior highs, three middle

schools and twenty elementary schools

Source: Missouri Department of Elementary and Secondary Education

There are 17 non-public schools in Boone County

ENROLLMENT STUDENT-TEACHER RATIO

Columbia Public Schools 16,736 13:1

Southern Boone County R-1 (Ashland) 1,374 14:1

Centralia Public Schools 1,350 14:1

Hallsville Public Schools 1,217 14:1

Harrisburg Public Schools 612 14:1

Sturgeon Public Schools 459 12:1

SCHOOL ENROLLMENT

University of Missouri-Columbia 28,184

Columbia College 12,281

Columbia Area Career Center* 7,505

Moberly Area Community College 3,709

Lincoln University 3,224

Central Methodist University 3,161

William Woods University 2,308

Stephens College 964

Westminster College 953

Linn State Technical College 877

Metro Business College 609

Boonslick Technical Education Center N/A

Davis H. Hart Mexico Area Vocational & Technical School N/A

Nichols Career Center N/A

Up to 90% of the

Columbia Public School

graduates continue

their education beyond

high school.

The educational

opportunities in the

immediate area abound

for recent high school

graduates, for

employers seeking

highly skilled workers

and for businesses

interested in having

continuing education

opportunities nearby

for their employees.

Within a 50-mile radius,

there are an abundance

of students enrolled in

post-secondary

education, giving

Columbia a large

number of available,

well-educated

employees.

Source: Missouri Department of Higher Education (Fall 2006) - reported as “Total Head Count”

*Columbia Area Career Center 2005-2006 school year

N/A=Not Available

"MU is committed to putting the

resources of one of the nation's

premier public research universities -

with more than 28,000 students

and a $220 million research

operation - to work for

economic development,

locally and statewide."

Brady J. Deaton, MU Chancellor

UNIVERSITY OF MISSOURICOLUMBIA

The University of Missouri-Columbia (MU) is the area’s

largest employer and offers companies located here an

abundance of opportunities for collaboration.

One of only six public universities in the country with medicine, veterinary

medicine, law, agriculture and engineering all on one campus

Home to the nation’s largest University-based reactor, which is the largest U.S.

producer of radioisotopes for the diagnosis and treatment of cancer

In 2006, filed 39 patent applications for new inventions; eight new start-up

companies are being developed based on MU technology

DISCOVERY

RIDGE

WHERE SCIENCE

GOES TO WORK

MU has developed 114

acres in the initial

phase of their research

park, Discovery Ridge.

The park, located along

US Highway 63 in

southeast Columbia,

provides a place for

high-tech companies to

collaborate with

University researchers

and other private

businesses. Discovery

Ridge and its occupants

will likely focus on the

life sciences, but the

park will serve as a site

for discoveries from all

of MU to do business.

�� MU’s research has a $440 million annual impact on Missouri and supports

more than 9,000 jobs.

�� In the last decade, MU’s $1.8 billion in research has created nearly $3 billion

in economic impact.

�� MU’s reactor is the only University-based reactor in the world to have

brought three pharmaceuticals to market. It supplies two of them - the active

ingredients for 1,000 weekly patient doses of Quadramet (to alleviate pain

associated with bone cancer) and TheraSphere (to treat inoperable liver cancer).

�� MU is the only university in the world to bring a radiopharmaceutical (to

treat cancer) from conception to clinical trials to product.

�� Since 2001, MU has seen 80 new faculty or student business startups, with a

dozen based on commercialization of MU technology.

�� In fiscal year 2005, MU had $179.6 million in externally funded research and

an estimated $230 million in research and development expenditures.

�� In 2006, MIZZOU Business Development Extension helped 3,290 clients. This

resulted in increased sales valued at more than $535 million; creation of

1,115 new jobs; business start-ups valued at more than $19 million; and

acquisition of local, state or federal government contracts totaling more

than $125 million.

�� MU ranks 1st among AAU (Association of American Universities) institutions in

growth of federal funding over the past decade.

�� More than 1,000 faculty life scientists at MU are working to improve human

and animal health, food and the environment.

Research

8 www.columbiaredi.com

www.columbiaredi.com 9

�� MU leads Missouri and is 13th in the country in National Science Foundation

funding for life sciences research.

�� MU’s Research Animal Diagnostic Laboratory is the second largest lab animal

diagnostic and pathology lab in the world.

�� Research at MU prepares students to succeed in a knowledge-based economy,

solves problems and improves lives, leads to innovations and new companies,

attracts new money to the state and helps make Missouri and the U.S. more

competitive.

�� MU is a national leader in comparative medicine; researchers collaborate,

sharing discoveries, innovations and treatments benefitting both animals and

humans.

�� The National Science Foundation has recognized MU nationally as a top-ten

university for successfully integrating research into undergraduate

education.

�� An MU surgery professor invented Zegerid, a new way to deliver drugs to

treat ulcers now licensed by Santarus.

�� MU researchers were the first to develop transgenic pigs whose organs can

potentially be transplanted into humans.

at the University of Missouri-Columbia

capabilities

MU LIFE

SCIENCE

BUSINESS

INCUBATOR AT

MONSANTO

PLACE

BRIGHT IDEAS BECOMING

BRILLIANT COMPANIES

Under construction on

the MU campus near the

Research Reactor, the

life science business

incubator will provide an

environment conducive

to company growth and

a place for researchers

to further develop their

research into profitable

companies.

10 www.columbiaredi.com

MU FACTS AND FIGURES

2006 Graduates (in selected science-related fields)

College of Agriculture, Food and Natural Resources............................. 346

(excludes Hotel and Restaurant Management)

College of Engineering................................................................. 483

School of Medicine..................................................................... 123

College of Veterinary Medicine....................................................... 69

College of Arts and Sciences

Biological Sciences............................................................ 221

Chemistry....................................................................... 47

Environmental Geology and Geological Sciences........................ 11

Mathematics.................................................................... 46

Microbiology.................................................................... 7

Physics........................................................................... 25

A total of 6,449 degrees were granted by MU in 2005-06

Degree Programs

MU offers more than 260 degree programs, including 87 bachelor’s, 93 master’s

and 64 doctoral.

Campus Construction

From 2002-2006, nearly $550,000,000 in construction projects took place on

the MU campus.

MU and the Community

�� Approximately $255 million per year is spent by MU students in off-campus

expenditures.

�� Attendance at MU athletic events was 1,119,360, generating more than $18

million in revenue and $1.3 million in sales tax.

�� In 2006, the University’s business development extension initiatives served

3,300 clients, helped create $466 million in increased sales and added or

retained 5,657 jobs.

�� Patrons from 30 states purchased 55,000 University Concert Series tickets -

generating $5 million in sales, $780,000 in guest lodging and meals, with

$70,000 in sales tax.

Alumni

�� According to a November 2005 New York Times article, MU ranks 7th in the

nation in the number of graduates who are chief executive officers of

companies listed in Standard and Poor’s 500 Index.

�� MU alumni lead 260 corporations in the Kansas City and St. Louis areas.

�� Two U.S. governors and 34 members of Missouri’s legislature are MU alumni.

�� Worldwide, there are 239,780 MU alumni.

Students

�� The 2006 freshman class boasts an ACT average of 25.3, compared with the

national average of 20.9 and the state average of 21.5. Nearly one-third

come from the top 10 percent of their high school classes.

�� In fall 2006, MU welcomed students from every county in Missouri, every

state in the nation and 101 countries.

�� MU attracts more valedictorians, Curators Scholars and twice as many of the

state’s Bright Flight Scholars than any other college or university in Missouri.

www.columbiaredi.com 11

BUSINESS CLIMATE

INCENTIVES

An incentive program, based on Chapter 100 Revenue Bonds, is available within

Boone County. Contact the REDI office for more information.

FACTS ON TAXES

Columbia’s total tax structure provides a corporation with a favorable tax

environment. REDI can provide tax estimates for proposed projects based on a

brief questionnaire.

Missouri Corporate Income Tax

• Rate is 6.25% with a net effective rate of 5.2%

• 50% of federal income tax payments are deductible

• Only Missouri income is taxed

• Missouri income allocated on the lower of: 1) sales, or 2) ‘three factor’

formula based on sales, property and payroll

• No worldwide or nationwide unitary tax assessment

Property Tax

• The inventories of manufacturers, retailers, distributors and wholesalers are

exempt from property tax

• Columbia's 2006 total real property tax rate is $6.5265 per $100 assessed

valuation

• Real property (land and building) classified as commercial or industrial is

assessed at 32% of fair market value

• Personal property equipment is assessed at 33 1/3% of fair market value

• The personal property tax rate is $5.9772 per $100 of assessed valuation

Commercial Property Tax Rate*

2003 2004 2005 2006

City 1.0441 1.0441 0.9820 0.9370

County 0.2994 0.2995 0.2789 0.2789

School District 4.9444 4.9444 4.6863 4.6706

State 0.0300 0.0300 0.0300 0.0300

Surtax** 0.6100 0.6100 0.6100 0.6100

TOTAL 6.9279 6.9280 6.5872 6.5265

*Tax rates are representative -- actual rates may vary upon location

*Commercial Property is assessed at 32% of fair market value

*Residential Property Tax Rate is assessed at 19% of fair market value

*The tax rate is applied to each $100 of assessed value

*2006 Sales Tax in Columbia is 7.55%

**Applies to Real Estate only

Source: Boone County Assessor’s Office

City includes Regional Library.

Frito-Lay/Quaker

Gates

Money magazine ranked

Columbia in the

Top 100 Best Places to

Live in their 2006

study that looked at

factors including

housing, student test

scores, air quality,

commute time and

health of residents.

Missouri Franchise Tax

1/30 of 1% or $0.33 per $1000 of par value outstanding shares or total assets

Sales Tax

Combined state and local rate is 7.55%; State exemptions include:

1) Machinery and equipment used in a manufacturing facility

2) Machinery that abates air or water pollution

3) Materials and supplies used to install the above; and,

4) Electricity consumed in the manufacturing process

Unemployment Insurance

The taxable wage limitations for 2006 and 2007 are based on the first $11,000

of each employee’s annual salary. In 2008 the taxable wage limitation rises to

$12,000 and to $12,500 in 2009. After 2009 the taxable wage base could be

increased by $1000 or decreased by $500 for any year depending on the

balance in the Unemployment Compensation Fund. In no event shall the

taxable wage base increase beyond $13,000 or decrease to less than $7,000.

For more information, contact the Missouri Division of Employment Security at

(573) 751-3215.

Workers Compensation

Companies can offer this protection through a private insurance carrier or they

can become self-insurers. Premium rates vary, depending on the risks

associated with special occupations. As in most states, the premium rates

apply to an employee’s total annual salary. The maximum weekly benefit for

temporary total disability, temporary partial disability, permanent total

disability and death is currently computed as 105% of the average weekly

wage, determined annually on July 1. Missouri's workers compensation rates

compare favorably with those in other states. Though benefits for claimants in

other states usually increase automatically from year to year, in Missouri

benefits cannot be increased without the review and approval of the state

legislature.

Gross Receipts

The City of Columbia, like

most Missouri cities, levies a

7.526% gross receipts tax on

utility services within the

City of Columbia.

BUSINESS CLIMATEcontinued

For seven consecutive

years, Columbia has

been listed on Forbes

"Best Small Metro for

Business and Careers".

Factors include cost of

living, job growth and

educational attainment.

12 www.columbiaredi.com

Maximum Media

www.columbiaredi.com 13

Business License Accounts - Boone County*

2006

2005

2004

2003

2002

2001

4,200 4,300 4,400 4,500 4,600 4,700 4,800 4,900

4,521

4,627

Total Retail Sales - Boone County

Total Construction

2004

2003

2002

2001

$2,253,968

$2,407,522

$2,101,753

$2,016,926

$1,750,000

$1,850,000

$1,950,000

$2,050,000

$2,150,000

$2,250,000

$2,350,000

$2,450,000

Source: City of

Columbia Finance

Department,

Business License

Division

*Reporting period

July 1-June 30

Source:

Sales & Marketing

Management

Magazine, 2002-2005

(numbers reported

in thousands)

Source: Boone County Planning & Building Inspection; City Protective Inspection Department

(Numbers are exclusive)

CITY OF COLUMBIA

Permits Valuation

4,555 $305,211,007

2,348 $337,046,801

2,349 $315,767,521

BOONE COUNTY

Permits Valuation

1,115 $85,065,555

1,104 $ 91,383,358

1,255 $ 80,177,478

2006

2005

2004

Single Family Construction

CITY OF COLUMBIA

Permits Valuation

675 $117,618,486

1,239 $178,554,176

1,126 $157,124,951

BOONE COUNTY

Permits Valuation

242 $43,121,319

343 $ 55,511,556

378 $ 56,945,180

2006

2005

2004

4,439

4,439

4,492

BUSINESS CLIMATEcontinued

4,807

LOCAL LIFESTYLE

Columbia is consistently listed among the top cities in the United States by

national magazines and organizations. Its excellent public school system,

access to quality health care and central location consistently earn Columbia’s

position as one of the top places to live and do business.

Money magazine ranked Columbia in the Top 100 Best Places to Live in their

2006 study that looked at factors including housing, student test scores, air

quality, commute time and health of residents.

• Kiplinger.com ranked Columbia 24th in its 2006 study 50 Smart Places to

Live. Columbia ranked well due to its affordable housing, access to quality

health care and strong economy.

• The 2006 Mayor's Challenge (as featured in Expansion Management) ranked

Columbia a five-star Best Metro for Future Business Locations. Factors

included Columbia's college-educated workforce, public education, quality of

life, logistics infrastructure, healthcare cost and availability and

taxes/government spending.

Men's Journal listed Columbia the 42nd best place to live in the nation in

its 2005 study. The ranking was based on "ample jobs, lots of health care,

cheap housing and proximity to hiking and biking in the foggy-bottom valleys

of the Ozarks.” In the same study, Columbia ranked the 4th least stressful

metro area in which to live.

14 www.columbiaredi.com

Cost of Living Index - 4th Quarter 2006

San Bernardino, CA*

Hartford, CT*

Chicago, IL

Richmond, VA

Denver, CO

St. Louis, MO

Austin, TX

Indianapolis, IN

Ames, IA

Kansas City, MO/KS

Atlanta, GA

Tulsa, OK

Columbia, MO

50% 60% 70% 80% 90% 100% 110% 120% 130% 140%

120.5%

115.8%

109.8%

108.3%

103.4%

98.0%

97.8%

97.6%

96.7%

95.6%

95.6%

91.8%

92.0%

Source: ACCRA Cost of Living Survey

* 3rd quarter data (4th quarter not available)

www.columbiaredi.com 15

Home Sales by Price Range - Boone County

Healthcare

Climate Local Media

+350K

160K-350K

100K-160K

80K-100K

50K-80K

-50K

0 200 400 600 800 1,000 1,200 1,400

2006

2005

2004

102

123

131

280

209

68

217

362

292

254

1,192

Source:

Columbia

Board of

Realtors

HOSPITAL NAME BED COUNT

Boone Hospital Center 375

University Hospital* 274

Columbia Regional Hospital* 219

MO Rehabilitation Center* 124

Harry S Truman Veterans Hospital 118

Children’s Hospital* 115

Mid-Missouri Mental Health Center 69

Howard A Rusk Rehabilitation Center** 60

Ellis Fischel Cancer Center* N/A

Total 1,354

Mean Annual Temperature...... 54.3oF

Mean Warmest Month-July...... 77.6oF

Mean Coolest Month-January... 28.4oF

Mean Annual

Precipitation........ 40.32 in./year

Mean Annual Snowfall... 23.0 in./year

Source: High Plains Regional Climate Center

(data for period 11-1-1969 thru 12-31-2005)

Print Media............................ 10

Cable Companies..................... 3

Radio Stations (within 50 miles)... 40

Television Stations.................... 4

Source: Individual Hospital Web Sites N/A=Not Available

* Part of University of Missouri Health Care

**Joint venture between HealthSouth and the University of Missouri

“Columbia is a

wonderful community

with an abundance of

resources and a sense of

strong family values.

With the proximity to

the university, it's an

ideal 'economical'

source for the high

quality, scientific

workforce that we

require at ABC Labs.”

Byron Hill, Ph.D.,

President and CEO

ABC Laboratories, Inc.

1,238

858

979

933

117

1,165

80

LOCAL LIFESTYLEcontinued

16 www.columbiaredi.com

BOONE COUNTY COMMUNITIES

Ashland

Centralia

Hallsville

Centrally located on the only

interchange between Columbia and

Jefferson City.

School system has been named a

School of Distinction for five years in

a row.

Steady residential growth rate

averaging 5.5% per year.

Close to universities and colleges.

Near the Katy Trial, State Parks and

National Forests.

More than 90 acres of easily

developed land with adjacent state

highway access and industrial zoning

available. Sewer mains to the site

are being constructed and a sewage

treatment plant is nearby.

Several large tracts in and near the

city have access to rail service - in

some cases two separate rail lines.

An industrial city, having hosted the

900 employees of Hubbell/Chance

(former A.B. Chance Company) for a

full century.

A full service city, providing all

utilities.

The fastest growing city in Boone

County in 2005 and 2006 according to

the Boone County Assessor's office.

New industrial park is nearly full with

several new and expanded businesses.

City has tripled in area during the

last 10 years through voluntary

annexations.

Record number of building permits

for single family homes and business

licenses have been issued in the last

two years.

Richardson

Commercial

Park

53 acres off US

Highway 63 and

12 miles from

Interstate 70.

�� Electricity - Boone Electric Cooperative

�� Gas - AmerenUE

�� Sewer and Water - City of Ashland

Site is zoned General Commercial and owner will subdivide

Clean Room

Space

900 square foot

available, with

a 15’ x 15’ room

rated at Class 10.

�� Remaining space is under Class 100

�� 400 square feet of adjoining office space and rest rooms

�� Two 5-ton HVAC systems, steam-in plus dehumidification

system, temperature control to +/- 5%

�� Power includes 3-phase with European transformer

�� Gowning area, Class 10 clean room (light tight), wet processing

area with backflow preventer, water filtration, eyewash station

Garland Rail Site

48-acre

industrial site

with rail access,

located off

Highway 22 and

Route CC.

�� Electricity - City of Centralia

�� Gas - AmerenUE

�� Sewer and Water - City of Centralia

Site is adjacent to the Norfolk Southern rail line

David Meyer, Marketing Director

DHMeyer@GoColumbiaMO.com

Michele Holmes, Executive Assistant

MAHolmes@GoColumbiaMO.com

Phone: 573-442-8303

Fax: 573-443-3986

www.columbiaredi.com

M. Rogers Courtesy of Columbia CVB

OUR ORGANIZATION

For Your Business

If you value the quality of your business's location and of your workforce,

Columbia and the surrounding communities of Ashland, Centralia and Hallsville

are the ideal location for you. Boone County’s major research university, the

University of Missouri-Columbia, is working to commercialize its technology

while the area positions itself as a life sciences and high-tech location. With

Boone County's college graduate pool, 14 continuing education facilities within

a 50-mile radius, approximately 1 million square feet of underground storage

and available industrial space, the area offers a lot for business.

We Can Help

To learn more about the business opportunities in Boone County, contact

REDI. One of our representatives can help you with:

• Available site and building information

• Comprehensive area demographic information

• Labor availability studies

• Community tours

• Community orientations and introductions

• Customized state incentive proposals

• Groundbreaking and ribbon-cutting ceremony coordination

Contact Us

300 South Providence Road

Columbia, Missouri 65203

573.442.8303 �� www.columbiaredi.com

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