Owensboro’s Advantage
   for Back Office
    Headquarters




      www.owensboro.com
Growing Center for Back Office Headquarters

     Owensboro is home to a large professional service/ back office
      wo...
Owensboro Advantage in
      Back Office Headquarters
   OWB offers two flights daily to Nashville and
    Atlanta as wel...
Owensboro Advantage: Business Cost Comparison
 Kentucky has the lowest overall cost of doing business when compared to oth...
Owensboro Advantage: Perfectly Sized
     for High Quality, Low Cost
                    Owensboro has a unique quality
 ...
Owensboro Advantage: Cost of Labor
Average          Owensboro    US      Ohio   Indiana   Illinois   Tennessee   Virginia
...
Sites and Buildings
   I-64/ I-65 Corridor- Highland Pointe
    Business Center includes 70,000 square
    feet of Class ...
For More Information…



     Nicholas Brake, Ph.D.
         President/CEO
    nbrake@owensboro.com
         270-926-4339
...
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Owensboro’s Advantage For Back Office Headquarters

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OWensboro KY offers advantages for site location in back office headquarters

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Owensboro’s Advantage For Back Office Headquarters

  1. 1. Owensboro’s Advantage for Back Office Headquarters www.owensboro.com
  2. 2. Growing Center for Back Office Headquarters  Owensboro is home to a large professional service/ back office workforce, including US Bank which employs over 1,600 and six corporate headquarters which employ a large professional/ financial industry workforce  Owensboro has four colleges and universities enrolling over 8,000 undergraduates  Owensboro has a highly skilled and available workforce drawing from the Owensboro, KY and Evansville, IN MSAs with a combined population of nearly half a million
  3. 3. Owensboro Advantage in Back Office Headquarters  OWB offers two flights daily to Nashville and Atlanta as well as weekly flights to Orlando and Las Vegas  Owensboro is unique in that it has a municipally owned and operated fiber optic ring, as well as wireless, network. Connection speeds with T-1 fiber are up to 10 Mbps or point-to-point access with speeds up to 100 Mbps  The region is located within 600 miles of 41% of personal income, 53% of manufacturing employment, and 41% of retail sales in the country.  Low costs and abundant labor and energy
  4. 4. Owensboro Advantage: Business Cost Comparison Kentucky has the lowest overall cost of doing business when compared to other states KY vs. Overall Business Unit Labor Cost Energy Cost State and Local Competitor Cost Taxes states Cost Rank Cost Rank Cost Rank Tax Rank Index Index Index Index US 100 100 100 100 KY 92 13 97 24 67 3 91 12 CA 112 48 101 38 144 45 111 45 GA 95 21 97 24 91 26 91 12 IL 101 35 102 42 88 23 96 25 IN 89 5 91 11 77 12 91 12 MI 103 40 105 46 95 32 102 35 MO 93 16 96 21 72 5 86 7 OH 100 32 99 31 91 26 113 46 TN 89 5 89 8 84 18 79 3
  5. 5. Owensboro Advantage: Perfectly Sized for High Quality, Low Cost  Owensboro has a unique quality of life for a region its size.  Housing costs are 87 percent cheaper than the national average  Cultural and arts amenities rival many larger cities. Broadway Shows are built locally on the stage of the River Park Center.  Owensboro is a walkable and bicycle-friendly city with beautiful parks, including a 15 mile Greenbelt Park encircling the city  A $120 million downtown development is underway adding urban housing downtown
  6. 6. Owensboro Advantage: Cost of Labor Average Owensboro US Ohio Indiana Illinois Tennessee Virginia Weekly Region Wage All Industries $583 $818 $742 $703 $878 $722 $784 Information $714 $1,269 $988 $859 $1,177 $953 $1,449 Finance $635 $1,325 $977 $888 $1,448 $1,029 $1,168 Prof. / Bus. $494 $999 $885 $716 $1,083 $762 $1,221 Education and $592 $752 $692 $693 $764 $778 $743 Health Care Other $434 $518 $456 $461 $549 $498 $626
  7. 7. Sites and Buildings  I-64/ I-65 Corridor- Highland Pointe Business Center includes 70,000 square feet of Class A office space. Ample land is available along the corridor for a build-to- suit business park along this north-south connector between I-64 and I-65.  Mid America Airpark- is a shovel-ready fully served business park adjacent to the Owensboro-Daviess County Regional Airport with 189 acres, including an 82 acre site on the east side of the airport property.  Existing Buildings- low cost lease options are available for several buildings in the 100,000 square foot range.
  8. 8. For More Information… Nicholas Brake, Ph.D. President/CEO nbrake@owensboro.com 270-926-4339 edc.owensboro.com

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