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Economic developer: few state leads, last vacant industrial building to be filled; Kawasaki visit praised Boonville
Summary
The Economic Developer told the council the city has received few qualifying leads from Missouri Partnership since May, said energy availability and foreign direct investment patterns are factors, and reported that a last vacant industrial building will soon be occupied with a statewide announcement expected Dec. 9; he also described a small Kawasaki delegation visit.
The Economic Developer (Economic developer) told the council the city has received few qualifying leads from Missouri Partnership since May and said the two main constraints are energy availability for modern manufacturing and that much new U.S. plant activity comes through foreign direct investment.
"We haven't received hardly any leads from the state of Missouri really since May," the Economic Developer said, adding that availability of generated energy and rising manufacturing energy demands are major limiting factors for prospects. He said staff are pursuing local leads and working to secure more developable industrial land.
The Economic Developer said the city's last vacant industrial building will soon be occupied and a statewide announcement is planned for Dec. 9. He also described a small visit from Kawasaki and the U.S. consulate and said he spoke with the president of Kawasaki Motors, who "said they're thrilled with being in Boonville." The developer noted a 100-acre certified site in Windsor Place that is relatively flat but has water and wastewater infrastructure challenges that would need to be addressed for some uses.
The developer invited questions and said the Bi-County Development Corporation (BCDC) website has been updated with information for prospective investors.
