2011 Fact Book

Regional Economic Development, Inc.

Serving Columbia/Boone County Missouri since 1988

AREA QUICK FACTS The Docking Institute of Public Affairs determined that Columbia has a Civilian Labor Force of more than 201,000 skilled workers. Average cost of living is consistently below the national average. In 2009 the commercial air service at Columbia Regional Airport experienced its best year since 2000. Delta Air Lines continues to provide excellent service through their Memphis hub with convenient connections to destinations worldwide. In 2010, all Delta flights from Columbia Regional will transition from turboprops to 50-seat regional jets. An estimated 30,891 workers (33%) of the available labor pool are underutilized.

hank you for your interest in Columbia, Missouri. There are numerous reasons to locate in this area, many of which are outlined 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 an educated workforce in a central location to Missouri and the rest of the nation. Each is actively seeking economic development opportunities and has available sites. In addition, Boone County is home to Missouris major research institution, the University of Missouri, where a high-tech research center, technology incubator and Discovery Ridge Research Park are available for companies that benefit from close collaboration with world-class University researchers. In 2009, REDI joined forces with the Kansas City Area Development Council (KCADC) in the Kansas City Animal Health Corridor. The corridor is the largest concentration of animal health resources in the world. Columbia is Boone Countys 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.

LOCATION

Major cities surround Columbia, which lies in the Central Time Zone.

Boone County is centrally located between Kansas City and St. Louis via Interstate 70 in Missouri.

Boone County Populations Columbia Ashland Centralia Hallsville 102,324 2,247 3,704 970

Source: 2009 U.S. Census Bureau Estimates

Boone County
www.columbiaredi.com

EMPLOYMENT
Household Income - Boone County
INCOME - $10,000 $10,000 - $14,999 $15,000 - $24,999 $25,000 - $34,999 $35,000 - $49,999 $50,000 - $74,999 $75,000 - $99,999
The Civilian Labor Force for the ninecounty Columbia labor basin is over 201,000 workers.

TOTAL % 9.7% 5.9% 12.7% 11.3% 14.8% 19.0% 11.3% 10.4% 2.5% 2.4% 100%

HHOLDS # 6,177 3,758 8,087 7,189 9,387 12,072 7,158 6,639 1,610 1,545 63,622

With the areas consistent lower cost of living, it takes less income to maintain a comfortable lifestyle compared to other areas of the country.

Largest Employers
University of Missouri (MU)* University Hospital & Clinics Columbia Public Schools Boone Hospital Center City of Columbia U.S. Department of Veterans Affairs** Shelter Insurance Companies MBS Textbook Exchange State Farm Insurance Companies Hubbell Power Systems, Inc Joe Machens Dealerships State of Missouri (excludes MU)*** Kraft Foods Columbia Columbia College Boyce and Bynum Pathology Labs Boone County Government ABC Laboratories, Inc US Postal Service Columbia Insurance Group Schneider Electric: Square D MidwayUSA Boone County National Bank Watlow, Inc**** 8,630 4,279 2,140 1,647 1,286 1,250 1,171 1,084 1,043 680 613 557 522 490 369 365 348 341 324 300 294 275 270 258 250 249 240 230 220 210

$100,000 - $149,999 $150,000 - 199,999 $200,000 +

Mean Household Income Median Household Income

$60,096 $44,787

Source: Source: 2005-2009 American Community Survey 5-Year Estimates

Unemployment Rates (Average)

10.0% 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% 2004 2005 2006 2007 2008 2009 2010 3.7% 3.5% 3.2% 5.8% 6.1% 5.4% 4.8% 5.0% 6.3% 6.3% 9.3% 9.4%

U.S. Dept of Agriculture** MFA, Inc VA Mortgage Center Frito-Lay/Quaker CenturyLink Woodhaven 3M

4.3%

3.5%

Source: Individual companies, unless noted * Includes MU, Extension and System employees ** Federal Office of Personnel Management ***Missouri Office of Personnel ****Harris Online Directory

Missouri

Boone County

Source: Missouri Economic Research and Information Center (MERIC) 2 www.columbiaredi.com

EMPLOYMENTcontinued
Mean Wage Rates Per Hour
OCCUPATION Bookkeeping, Accounting and Auditing Clerks Computer Programmers Database Administrators Financial Analysts First-Line Supervisors/Managers of Production and Operating Workers Industrial Machinery Mechanics Laborers and Freight, Stock, and Material Movers, Hand Medical and Clinical LaboratoryTechnologists Office Clerks, General Receptionists and Information Clerks Team Assemblers Truck Drivers, Heavy and TractorTrailer COLUMBIA $14.57 $37.00 $29.80 $22.82 $24.78 $20.73 $10.42 $25.25 $12.36 $10.37 $14.52 $16.90 ST. LOUIS $16.70 $34.02 $32.11 $37.68 $28.50 $23.43 $13.04 $25.76 $14.59 $12.17 $13.95 $20.14 KANSAS CITY $16.30 $35.46 $34.42 $36.55 $26.59 $21.99 $12.44 $25.94 $14.31 $12.50 $14.52 $19.16
Millers Professional Imaging takes advantage of being close to the University of Missouri and the rest of Columbias 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 Millers Professional Imaging

Source: US Bureau of Labor Statistics; May 2009 Occupational Employment and Wage Estimates

Millers Professional Imaging

www.columbiaredi.com

POPULATION
Boone Countys population has increased by 30% since 1990.
Expansion Management magazine rated Columbia a five-star city in its 2007 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 lower crime rate

Population
2009 156,377 102,324 154,365 100,733 143,326 91,814 135,454 84,531 112,379 69,101 0 20,000 40,000 60,000 80,000 100,000 120,000 City of Columbia Boone County

2008

2005

2000

1990

140,000

160,000

180,000

Source: 2009 U.S. Census Bureau Estimates

A notable segment (25.3%) of Boone Countys population is between the ages of 25 and 44. Source: 2005-2009 American Community Survey 5-Year Estimates

Age Breakdown
0-4 years........................ 9,739 5-9 years........................ 8,581 10-14 years..................... 8,855 15-19 years..................... 14,136 20-24 years..................... 25,892 25-34 years..................... 19,363 35-44 years..................... 19,029 45-54 years..................... 18,901 55-59 years..................... 7,787 60-64 years..................... 5,702 65-74 years..................... 7,129 75-84 years..................... 5,061 85+ years........................ 1,661 Male.............................. 73,184 Female.......................... 78,652 Median Age.........................29.2

Boone Countys ethnic mix mirrors that of most mid-size Midwestern communities.
Photo Courtesy of The District

Race Distribution
NUMBER White African American American Indian/Alaskan Native Asian Native Hawaiian/Pacific Islander Hispanic or Latino (of any race) Two or More Races 128,107 11,930 601 4,723 143 3,830 4,603 PERCENTAGE 84.4% 7.9% 0.4% 3.1% 0.1% 2.5% 3.0%

Source: 2005-2009 American Community Survey 5-Year Estimates 4 www.columbiaredi.com

TRANSPORTATION
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 (COU) has 20 weekly Delta Connection flights to their Memphis hub (MEM) on 50-seat regional jets. COU is located 10 minutes south of Columbia off U.S. Highway 63. The airports primary runway (2-20) is 6,500 ft long. The crosswind runway (13-31) is 4,400 ft long.
General Aviation Services provided by Central Missouri Aviation include: fuel, line services, hangar space, flight instruction, charter, aircraft management, aircraft rental and large aircraft-airline/freight handling. Aircraft maintenance services are provided by Columbia Avionics. 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. ROADWAYS Interstate 70-- East/West U.S. Highway 63-- North/South BUS SERVICES: Columbia Transit, Greyhound, Megabus, airport shuttle and charter services. RAILROADS: COLT (Columbia Terminal) - includes a local transload facility, 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.

UTILITIES
Electricity: AmerenUE, Columbia Water & Light, Boone Electric Cooperative and Centralia Municipal Water & Light Natural Gas: Ameren Missouri Boone County Water: Consolidated District 1, District 4, District 9 and District 10 Columbia Water Source: 15 wells in the McBaine bottoms, 2 Aqua Storage & Recovery (ASR) Plant Capacity: 32 million gallons per day (MGD) System Capacity: 28 MGD Average Daily Consumption: 12.16 MGD Peak Consumption: 17.07 MGD (8-9-2010) 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 2010 of 16.0 MGD.

Columbias current ISO rating is Class 2. Boone County is served by nationally recognized professional and volunteer fire departments.

Local Telephone CenturyLink; 100% Digital and Fiber Optic, Residential and Business Service Local exchange, Long distance, Internet access Single analog circuits to high capacity private digital networks Mediacom Phone; Residential and Business Service Socket Telecom, L.L.C.; Specializes in Business Service only Broadband: There are multiple broadband providers throughout Boone County.

CenturyLink is the 4th largest local exchange carrier in the United States, offering data, voice and video services in 33 states.

www.columbiaredi.com

EDUCATION / TRAINING
Boone County Public Schools
ENROLLMENT Columbia Public Schools Southern Boone County R-1 (Ashland) Centralia Public Schools Hallsville Public Schools Harrisburg Public Schools Sturgeon Public Schools 17,388 1,458 1,339 1,336 575 423 STUDENT-TEACHER RATIO* 19:1 19:1 21:1 20:1 17:1 13:1

On average, over 80% 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.

*Student-"Classroom Teacher" Ratio (in past years, we have used overall student-teacher ratio) Columbia Public Schools is made up of 30 schools meeting the needs of all children, Pre-K through 12th grade. Source: Missouri Department of Elementary and Secondary Education There are 19 private schools in 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. Columbia Public School students continue to achieve ACT test scores above the state and national averages. Additionally, the percentage of students taking the college entrance exam remains steady. Recently released ACT Profile Report, summarizing the performance of ACT testtakers in the Class of 2010, indicates that Columbia students' average composite score is 23.3, compared to 21.6 for Missouri test-takers and 21.0 for test-takers across the nation. The Columbia Area Career Center has been granted the full five-year period of continuing accreditation from the North Central Association Commission on Accreditation and School Improvement. East year, district students take over 1,300 Advanced Placement exams with more than 87% eligible for credit.

Post-Secondary Education Opportunities Within 50 Miles of Boone County

SCHOOL University of Missouri Columbia College Columbia Area Career Center* Moberly Area Community College Central Methodist University Lincoln University William Woods University Linn State Technical College Westminster College Stephens College Metro Business College
"Columbia Area Career Center 2008-2009 school year

Within a 50-mile radius, there are an abundance of students enrolled in postsecondary education, giving Columbia/ Boone County a large number of available, well-educated employees.
6 www.columbiaredi.com

ENROLLMENT 32,341 17,008 8,044 5,442 4,656 3,349 2,264 1,171 1,151 1,125 820

Source: Missouri Department of Higher Education (Fall 2010) - reported as "Total Head Count"

"With more than 32,000 students and a $400 million scientific

research operation, MU is committed to building a better America by driving technological innovation, boosting the economy and improving our quality of life.
Brady J. Deaton, MU Chancellor

The University of Missouri (MU) is the areas largest employer and offers companies located here an abundance of opportunities for collaboration.
One of only five universities nationwide with law, medicine, veterinary medicine and a nuclear research reactor on one campus. MU also has strong agriculture and engineering programs. In FY10, filed 67 U.S. patents and received $9.5 million in licensing revenue; numerous startup companies are being developed based on MU discoveries and technological innovation. A $1.92 billion enterprise that accounts for 72 percent of the research dollars flowing to Missouri public universities, generating new knowledge and jobs to power the economy.

I M PA C T

MU is a $1.92 billion enterprise that operates 24/7 and accounts for 72 percent of the research dollars flowing to Missouris public universities. A source of innovation, creativity and entrepreneurship, MU boosts the economy by performing research, creating jobs, improving graduates earning potential and commercializing businesses. Annually, MU attracts about $200 million in federal contracts and grants to Missouri. That money is then spent more than twice before leaving the state, generating $500 million in economic activity an amount roughly equivalent to 50 companies with revenues of $10 million each. The Mizzou Advantage reflects MUs collaborative culture, combining unique strengths in food for the future; sustainable energy; media of the future; one health, one medicine; and disruptive and transformational technologies. MUs nationally prominent scholars and scientists bring their discoveries into the classroom, publish more than 1,500 books and scholarly articles each year, and attract multi-million-dollar grants. Recent awards include $8.5 million (cardiovascular diseases), $7.6 million (medicinal properties of plants), $7.5 million (electronic health records) and $3 million (training for energysector jobs). To date, companies that have licensed products invented by MU scientists have received about $1 billion in sales revenues. While U.S. businesses are moving operations to foreign countries, MU is doing its part to attract high-tech industries to Missouri. Shasun, an international pharmaceutical company and one of the worlds leading suppliers of ibuprofen, has joined MU nanomedicine experts in developing a cancer treatment that uses gold nanoparticle technology created at the university. Their new company will continue research and development required for the treatment to receive federal approval for eventual use in humans.

THE

MU LIFE SCIENCE BUSINESS INCUBA TOR A T MONSANTO PLACE

B RIGHT I DEAS B ECOMING B RILLIANT C OMPANIES Located near the largest university-based research reactor in the country, the life science business incubator provides an environment conducive to company growth and a place for researchers to further develop their research into profitable companies.

MU

AND

FACILITIES

RESEARCH REACTOR
P ROVIDING Q UALITY N UCLEAR P RODUCTS AND S ERVICES The MU Research Reactor (MURR) is the largest U.S. producer of radioisotopes used in the diagnosis and treatment of cancer.

DISCOVERY RIDGE

RESEARCH

W HERE S CIENCE G OES

TO

W ORK

Discovery Ridge Research Park is an exclusive university research park for high-tech companies to collaborate with university researchers and private businesses.

RESEARCH

MU scientists start with basic research, which often leads to important discoveries. For example, Professor Gabor Forgacs began his research in 2006 with a $5 million grant from the National Science Foundation. In 2009, a regenerative medicine company, Organovo, licensed the technology and is producing a 3-D bioprinter to build human organs with a persons own cells. Forgacs work was listed as one of the 50 Best Inventions of 2010 in TIME magazine. MU operates one of five U.S. centers funded by the National Institutes of Health to lead interdisciplinary research on botanicals, part of a $25 billion dietary supplement industry. In 2010, clients of MU Extensions Business Development Program generated $1.19 billion in economic impact for the Missouri economy, creating or retaining 16,143 jobs and starting 265 businesses. MU is a national leader in comparative medicine; researchers collaborate, sharing discoveries, innovations and treatments benefiting both animals and humans. Professor Fu-Hung Hsieh and his team have created a soy substitute that looks, tastes and chews like chicken. Their work received worldwide media attention, including stories in TIME magazine and on the Discovery Channel. The poultry meat technology has been licensed to J Green Natural Foods Co., and collaborative efforts to develop more products for the expanding meat-substitute market are underway. Mizzou ranks No. 8 in the nation and No. 15 in the world for the influence of its plant and animal sciences research from 1999 to 2009 (Thomson Reuters).

DALTON CARDIOVASCULAR RESEARCH CENTER

C ENTER OF E XCELLENCE IN C ARDIOVASCULAR R ESEARCH Interdisciplinary research is the hallmark of the university's Dalton Cardiovascular Research Center. Mizzou scientists from such fields as biochemistry, biological engineering, electrical engineering, medicine, physiology and veterinary medicine come together and apply their particular expertise to health problems like hypertension, cancer, cystic fibrosis and heart disease.

FACILITIES

INTERNA TIONAL INSTITUTE FOR NANO AND MOLECULAR MEDICINE

T RANSFORMING
THE TREATMENT OF CANCER

AND

The International Institute for Nano & Molecular Medicine is home to some of the world's best nanoscientists fighting cancer and other diseases.

THE MU

CHRISTOPHER S. BOND LIFE SCIENCES CENTER

T EAMWORK P ROBLEMS
IS

K EY

TO

A DDRESSING M ODERN

The Bond Life Sciences Center is a state-of-theart facility housing 35 of MU's top life scientists who are working together to improve the quality and safety of food, prevent and treat disease and protect the environment.

I M PA C T

MU FACTS AND FIGURES

MU offers 311 degree programs, including 93 bachelors, 97 masters and 72 doctoral. (of Mo. public universities, MU grants 25% of bachelors; 26% of masters; 39% of first-professional; and 63% of doctoral degrees) 2009-2010 Number of Degrees Conferred within selected science-related elds College of Agriculture, Food and Natural Resources (includes Animal Science, Biochemistry, Food Science, Forestry, Plant Sciences, Soil & Atmospheric Sciences)....................................................................................... 288 College of Engineering....................................................................... 505 School of Medicine............................................................................ 115 College of Veterinary Medicine............................................................. 72 College of Arts and Sciences Biological Sciences......................................................................... Chemistry.................................................................................... Geological Sciences........................................................................ Mathematics................................................................................ Microbiology................................................................................. For nine consecutive years, MU has welcomed recordbreaking numbers of students. Current enrollment is 32,415 the largest and most ethnically and geographically diverse in Mizzou history. Physics....................................................................................... A total of 7,305 degrees were granted by MU in 2009-2010 Campus Size MU has 345 buildings on its 1,250-acre main campus and 19,425 acres statewide. The Mizzou Botanic Garden covers the campus with 42,000 plants and trees. Faculty from 10 academic programs use the garden as an outdoor laboratory. Missouri's Flagship University Many states fund separate research and land-grant universities, but Missouri combines those roles at its flagship institution. MU is both a land-grant university with a statewide mission of service to citizens and Missouris largest public research university. Based on quality of teaching, research and scholarship, MU is one of only 35 public U.S. universities invited to membership in the prestigious Association of American Universities. MU is designated Research University/Very High and Community-Engaged by the Carnegie Foundation for the Advancement of Teaching. Alumni Many illustrious alumni, including eight Missouri governors and numerous Pulitzer Prize winners, have graduated from MU. Worldwide, there are 258,248 MU alumni. A member of the Big 12 Conference, MUs Division I-A athletic program has more than 500 studentathletes in 20 sports, many ranked in the top 25 nationally. Students The 2010 freshman class boasts an ACT average of 25.6, compared with the national average of 21.1 and the state average of 21.6. Twenty-five percent come from the top 10 percent of their high school classes. MU students come from every Missouri county, every state and more than 115 countries. MU attracts more valedictorians, Curators Scholars and almost twice as many of the states Bright Flight Scholars than any other college or university in Missouri. 260 40 13 44 3 24

BUSINESS CLIMATE
INCENTIVES An incentive program, based on Chapter 100 Revenue Bonds, is available within Boone County. Contact the REDI office for more information. FINANCING Centennial Investors was created to meet the early capital needs of university and private sector entrepreneurs. It assists in bringing to market exciting ideas generated in university labs and private businesses. Often referred to as Angel Investing, this private capital is an important requirement for creating new products, services and jobs in our community. FACTS ON TAXES Boone County'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.

Frito-Lay/Quaker

Boone County Commercial Property Tax Rate*

City County State School District Boone County Library District Surtax** Total 2010 0.4100 0.2802 0.0300 4.8492 0.2986 0.6100 6.4780 2009 0.4100 0.2802 0.0300 4.7717 0.2986 0.6100 6.4005 2008 0.4100 0.2789 0.0300 4.7292 0.2986 0.6100 6.3567 2007 0.4100 0.2789 0.0300 4.7089 0.2986 0.6100 6.3364 2006 0.4100 0.2789 0.0300 4.6706 0.2986 0.6100 6.2981

The Quaker manufacturing facility has been certified at the highest level of the Occupational Safety and Health Administrations Voluntary Protection Programs. The management and employees at the facility have been recognized for the outstanding commitment to comprehensive safety and health programs.

*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 *2010 Sales Tax in Columbia is 7.35% except in TDD designated areas which may have a tax rate as high as 7.85%. **County-wide Surtax on Subclass III Property County includes Group Home and Road and Bridge. Source: Boone County Collector's Office

Gates

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

The State of Missouri was ranked the top state and was one of only six states to earn an A, according to the 2008 National Manufacturing and Logistics Report Card issued by Ball State University.

www.columbiaredi.com 11

BUSINESS CLIMATE continued

Property Tax The inventories of manufacturers, retailers, distributors and wholesalers are exempt from property tax 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 $5.87 per $100 of assessed valuation Boone County's total real property tax rate is $6.40 per $100 assessed valuation (actual rate may vary upon location)

Missouri Franchise Tax 1/30 of 1% or $0.33 per $1000 of par value outstanding shares and surplus or total assets Sales Tax Combined state and local rate is 7.35%. A higher sales tax rate, up to 1%, may apply within Transportation Development Districts (TDDs). Missouri has responded to the needs of industry by providing eighteen major exemptions from sales/use taxes. Some of those 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 4) Electricity consumed in the manufacturing process Unemployment Insurance Missouri unemployment benefits provide temporary compensation to those workers meeting the eligibility requirements of Missouri law. The Missouri Department of Labor and Industrial Relations and each other state's unemployment office administers its own unemployment insurance program within Federal guidelines. The value of unemployment benefits in Missouri differs from that of other states because each state unemployment office applies its own formulas and limits when calculating the level of unemployment compensation. The duration of unemployment benefits in Missouri may also differ from that of other states. Workers Compensation Companies can offer this protection through a private insurance carrier or they can become selfinsurers. Premium rates vary, depending on the risks associated with special occupations. As in most states, the premium rates apply to an employees 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 7.5268% gross receipts tax on utility services within the City of Columbia.

Maximum Media

Forbes ranked Columbia the 5th Best Metro for Business and Careers (populations of 240,000 or less) in its 2009 study that examined the cost of doing business, job growth and educational attainment.

12 www.columbiaredi.com

BUSINESS CLIMATE continued

Taxable Sales - Boone County
Quarter 2010 2010 2010 2010 2010 Total 2009 2009 2009 2009 2009 TOTAL 1 2 3 4 1 2 3 4 Total Taxable Sales $515,911,295.02 $534,539,716.71 $565,778,945.13 $581,967,755.84 $2,198,197,712.70 $516,383,372.86 $528,254,769.91 $544,485,607.87 $563,492,213.05 $2,152,615,963.69 Retail Sales $328,447,560.53 $353,781,848.87 $362,007,575.48 $400,931,691.16 $1,445,168,676.04 $321,934,244.76 $344,618,170.65 $344,956,949.46 $382,300,472.37 $1,393,809,837.24 Percentage of Total 64% 66% 64% 69% 66% 62% 65% 63% 68% 65%

Source: Missouri State Department of Revenue - Taxable Sales (Sales and Use Taxes)

Business License Accounts - City of Columbia*

2010 2009 2008 2007 2006 2005 4,400 4,500 4,627 4,600 4,700 4,800 4,807 4,859 4,933 5,008 4,982

Source: City of Columbia Finance Department, Business License Div *Reporting period July 1-June 30
4,900 5,000 5,100

In 2011, Columbia, became the only city in Missouri with two State Certified Sites. The new Sutter site, along with the exisiting Ewing site, provide Columbia and Boone County with a competitive advantage in attracting 21st century jobs. Both properties are development ready with road access, a full range of utilitysupporting infrastructure available and geotechnical testing and environmental compliance inspections already completed.

Total Construction
CITY OF COLUMBIA
Permits 2010 2009 2008 2010 2009 2008 1,481 1,199 1,234 404 380 335 Valuation $147,795,782 $195,765,290 $234,947,409 $69,019,852 $56,280,005 $57,180,230

BOONE COUNTY
Permits 581 504 544 145 129 125 Valuation $113,668,124 $38,759,020 $47,434,904 $24,371,981 $24,362,054 $25,682,604

Single Family Construction

Source: Boone County Planning & Building Inspection; City Protective Inspection Department (Numbers are exclusive)

www.columbiaredi.com 13

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 Columbias position as one of the top places to live and do business. 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 Columbias position as one of the top places to live and do business. 2010, Richard Florida adds Columbia to his Creative Class List citing Columbia as a great place for college graduates to live, work and enjoy life. In 2009, Forbes ranked Columbia the 8th Best College Sports Town in America. In 2009, the University of Missouri was named a Community-Engaged Campus by the Carnegie Foundation. Less than 5% of colleges and universities nationwide have been awarded this honor. The honor is based on mutually beneficial collaboration between students, faculty and the community. In 2010, Forbes ranked Columbia 8th in its Best Places for Business and Careers Columbia has been listed for the last four years in the top ten. Forbes ranked Columbia 13th in its 2008 Smartest Cities in America study, based on education levels of residents in the Columbia metro area. In 2008, American Institute for Economic Research named Columbia as the eighth best city for college students with a population under 250,000. Cities are judged on 12 different measures including cost of living and job opportunities.

With realistic home prices and a lower cost of living, Columbia, Missouri is a great place to retire. In fact, the City was ranked #8 last year in the US News and World Reports list of Where to Buy a Retirement Home for Under $600 a Month.

Cost of Living Index - 2010 Averages

Tulsa, OK St. Louis, MO Richmond, VA Kansas City, MO-KS Hartford, CT Denver, CO Columbia, MO Chicago, IL Austin, TX Atlanta, GA Ames, IA 0.0% 20.0% 40.0% 60.0% 80.0% 95.5% 95.5% 96.7% 100.0% 120.0% 140.0% 91.7% 116.8% 103.1% 88.4% 90.4% 104.4% 97.7% 121.7%

14 www.columbiaredi.com

LOCAL LIFESTYLE continued

Healthcare
HOSPITAL NAME Boone Hospital Center University Hospital* Women's and Children's Hospital* Harry S Truman Veterans Hospital Childrens Hospital* Missouri Psychiatric Center* Howard A Rusk Rehabilitation Center** Ellis Fischel Cancer Center* Total
Source: Individual Hospital Web Sites * Part of University of Missouri Health Care **Joint venture between HealthSouth and the University of Missouri

BED COUNT 394 274 189 118 115 57 60 outpatient facility 1,207

Climate - 2010
Avg Temperature Avg Min Temperature Avg Max Temperature Total Precipitation Total Snowfall (July-June)

54.8o F 45.0o F 64.6o F 45.97 in 20.7 in

Columbia Housing A lot of house for the Money!

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 President and CEO ABC Laboratories, Inc.

Source: NOAA Online Weather Data

Local Media
Print Media Cable Companies Boone County Radio Television Stations 13 3 11 7

Home Sales by Price Range - Boone County

Under 50K 2008 48 2009 36 2010 58 73 115 644 620 81

50K-80K 94 83 80K-100K 178 110 100K-160K 784 763 160K-350K 728 634 >350K 87 82 Source: Columbia Board of Realtors

www.columbiaredi.com 15

BOONE COUNTY COMMUNITIES

Ashland
Ashland is located directly west of Columbia Regional Airport and centrally located between Columbia and Jefferson City. The Ashland School district was given a "Distinction of Performance" rating by the State of Missouri. Close to universities and colleges.

23-acre park with eight shovel-ready sites adjacent to Columbia Regional Airport. Average site size is 2.6 acres, but re-platting of multiple sites is an option.

Centralia offers 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 750 employees of Hubbell/Chance (former A.B.Chance Company) for a full century. A full service city, providing all utilities.

Centralia
Russell 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.

Hallsville
Just north of Columbia, Hallsville was the fastest growing city in Boone County in 2005 and 2006 according to the Boone County Assessor's office. Industrial lots available. 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.

Clean Room Space 900 square feet 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 and temperature control to +/- 1o Fahrenheit Power includes 3-phase with European transformer Gowning area, Class 10 clean room (light tight), wet processing area with backflow preventer, water filtration and eyewash station

16 www.columbiaredi.com

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 Countys major research university, the University of Missouri, 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, 11 continuing education facilities within a 50-mile radius and available industrial space, the area offers a lot for business.

M. Rogers Courtesy of Columbia CVB

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
J. Mike Brooks, President jmbrooks@GoColumbiaMO.com Phone: 573.442.8303 Michele Holmes, Executive Assistant maholmes@GoColumbiaMO.com Fax: 573.443.8834

www.columbia redi.com

If your business requires an educated workforce in a business-friendly environment, Columbia/Boone County, Missouri is the right location for you. High-tech companies benefit from our highly-educated workforce and collaboration with MU, the states premier research institute. Manufacturers like 3M, Kraft Foods and FritoLay find Columbia/Boone County a profitable location for their facilities. Home to the world headquarters of Shelter Insurance Company and regional headquarters of State Farm Insurance Companies, Columbia/Boone County offers a low cost of living with a superior quality of life that employees enjoy. We look forward to hearing from you, and helping make Columbia/Boone County, Missouri home to your business. Regards, J. Mike Brooks, President jmbrooks@GoColumbiaMo.com

Regional Economic Development, Inc. Serving Columbia/Boone County Missouri since 1988

302 Campusview Drive Suite 208 Columbia, Missouri 65201

573.442.8303 www.columbiaredi.com