Owensboro’s Owensboro’s Advantage for Back Advantage for Back Office HeadquartersOffice Headquarters

www.owensboro.com

Growing Center for Back Office Growing Center for Back Office HeadquartersHeadquarters

Owensboro is home to a large professional service/ back office workforce, Owensboro is home to a large professional service/ back office workforce, including US Bank which employs over 1,600 and six corporate including US Bank which employs over 1,600 and six corporate headquarters which employ a large professional/ financial industry headquarters which employ a large professional/ financial industry workforceworkforce

Owensboro has four colleges and universities enrolling over 8,000 Owensboro has four colleges and universities enrolling over 8,000 undergraduatesundergraduates

Owensboro has a highly skilled and available workforce drawing from the Owensboro has a highly skilled and available workforce drawing from the Owensboro, KY and Evansville, IN MSAs with a combined population of Owensboro, KY and Evansville, IN MSAs with a combined population of nearly half a millionnearly half a million

Owensboro Advantage in Owensboro Advantage in Back Office HeadquartersBack Office Headquarters

OWB offers two flights daily to Nashville OWB offers two flights daily to Nashville and Atlanta as well as weekly flights to and Atlanta as well as weekly flights to Orlando and Las VegasOrlando and Las Vegas

Owensboro is unique in that it has a Owensboro is unique in that it has a municipally owned and operated fiber municipally owned and operated fiber optic ring, as well as wireless, network. optic ring, as well as wireless, network. Connection speeds with T-1 fiber are up Connection speeds with T-1 fiber are up to 10 Mbps or point-to-point access with to 10 Mbps or point-to-point access with speeds up to 100 Mbpsspeeds up to 100 Mbps

The region is located within 600 miles of The region is located within 600 miles of 41% of personal income, 53% of 41% of personal income, 53% of manufacturing employment, and 41% of manufacturing employment, and 41% of retail sales in the country.retail sales in the country.

Low costs and abundant labor and Low costs and abundant labor and energyenergy

Owensboro Advantage: Business Cost ComparisonOwensboro Advantage: Business Cost ComparisonKentucky has the lowest overall cost of doing business when compared to other Kentucky has the lowest overall cost of doing business when compared to other statesstates

KY vs. Competitor states

Overall Business Cost

Unit Labor Cost Energy Cost State and Local Taxes

Cost Index

Rank Cost Index

Rank Cost Index

Rank Tax Index

Rank

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

Owensboro Advantage: Perfectly Owensboro Advantage: Perfectly Sized for High Quality, Low Cost Sized for High Quality, Low Cost

Owensboro has a unique quality Owensboro has a unique quality of life for a region its size.of life for a region its size.

Housing costs are 87 percent Housing costs are 87 percent cheaper than the national cheaper than the national averageaverage

Cultural and arts amenities rival Cultural and arts amenities rival many larger cities. Broadway many larger cities. Broadway Shows are built locally on the Shows are built locally on the stage of the River Park Center. stage of the River Park Center.

Owensboro is a walkable and Owensboro is a walkable and bicycle-friendly city with bicycle-friendly city with beautiful parks, including a 15 beautiful parks, including a 15 mile Greenbelt Park encircling mile Greenbelt Park encircling the citythe city

A $120 million downtown A $120 million downtown development is underway development is underway adding urban housing downtownadding urban housing downtown

Owensboro Advantage: Cost of LaborOwensboro Advantage: Cost of Labor

Average Weekly Wage

Owensboro Region

US Ohio Indiana

Illinois Tennessee

Virginia

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 Health Care

$592 $752 $692 $693 $764 $778 $743

Other $434 $518 $456 $461 $549 $498 $626

Sites and BuildingsSites and Buildings I-64/ I-65 Corridor- I-64/ I-65 Corridor- Highland Pointe Highland Pointe

Business Center includes 70,000 square Business Center includes 70,000 square feet of Class A office space. Ample land feet of Class A office space. Ample land is available along the corridor for a is available along the corridor for a build-to-suit business park along this build-to-suit business park along this north-south connector between I-64 and north-south connector between I-64 and I-65.I-65.

Mid America Airpark- Mid America Airpark- is a shovel-is a shovel-ready fully served business park ready fully served business park adjacent to the Owensboro-Daviess adjacent to the Owensboro-Daviess County Regional Airport with 189 acres, County Regional Airport with 189 acres, including an 82 acre site on the east including an 82 acre site on the east side of the airport property. side of the airport property.

Existing Buildings- Existing Buildings- low cost lease low cost lease options are available for several options are available for several buildings in the 100,000 square foot buildings in the 100,000 square foot range. range.

For More Information…For More Information…

Nicholas Brake, Ph.D.Nicholas Brake, Ph.D.

President/CEOPresident/CEOnbrake@owensboro.com

270-926-4339270-926-4339

edc.owensboro.comedc.owensboro.com