Kansas is the No. 5 Pro-Business State in United States, according to the 12th annual study by Pollina Corporate Real Estate, Inc., and the American Economic Development Institute (AEDI).
“We are very excited that Kansas’ business success has been reflected by this ranking,” said Acting Commerce Secretary Antonio Soave. “This study recognizes the hard work done by the economic development community in Kansas and the Kansas Department of Commerce. Our success has been based on the robust economic development toolkit that was given to us by the Legislature. This has allowed us to remain competitive with other states and compete internationally. This study, and our high ranking, proves that Kansas is a great place to live, work and do business.”
The study is considered to be the most comprehensive, unbiased and unvarnished study done by the economic development industry. It evaluates and ranks all 50 states based on 32 factors. These factors are controlled by state government, and they include taxes, human resources, education, right-to-work legislation, energy costs, infrastructure spending, regulatory environment, workers compensation laws, economic incentive programs, and state development efforts.
“Kansas has remained a solid Pollina Corporate Top 10 leader for the past eight years,” Brent A. Pollina, President of Pollina Corporate Real Estate, Inc., and author of the study said.
For the fifth year in a row, Kansas has had an overall grade of “A” from this study. Its areas of major accomplishment are right-to-work legislation, unemployment insurance, business inventory tax, regulators environment and transportation infrastructure.
“One of the reasons for Kansas’ success is that they have taken a well-rounded approach to being pro-business,” Pollina said. “This well-rounded approach to economic development, as well as the state’s continuing effort to diversify its economy, has been responsible for its success. While remaining dedicated to its agricultural heritage, the state has built a diverse industry base that includes bioscience, animal health, energy technology, aviation, advanced manufacturing, and agriculture.”