A nationally-recognized real estate company has named Kansas to its “Top 10 Pro-Business States” list. Pollina Corporate released its 2011 list today, ranking Kansas sixth.
“Our administration is committed to making Kansas the top place in the country to do business,” said Gov. Sam Brownback. “This recognition shows our great state can compete and win. Kansas has scored a number of economic successes recently, but we still have a lot of work to do.”
The company bases its rankings on 32 factors controlled by state governments, including taxes, energy costs, workers’ compensation laws, economic incentive programs and infrastructure spending.
Other states rounding out the top ten: 1. Virginia; 2. Utah; 3. North Dakota; 4. Wyoming; 5. Nebraska; 6. Kansas; 7. South Dakota; 8. Missouri; 9. South Carolina; and 10. Indiana.
“This recognition shows that Kansas can compete globally to win new business and grow the businesses that already call us home,” said Commerce Secretary Pat George. “We will continue to build off our success and make Kansas an even better place to work and live.”
The administration worked with the Kansas Legislature to give the state the tools it needs to be competitive, George added. The state introduced a new expensing deduction that can be used by companies to purchase business equipment and machinery. In addition, a Job Creation Fund was started that will provide money over time to help secure new companies to Kansas and compete globally. The Promoting Employment Across Kansas (PEAK) has been expanded to include business retention projects, which is an important component to keeping employers in the state growing.
The ranking by Pollina Corporate is the latest in a string of recent positive business rankings for the state.
In April, Kansas received Area Development magazine’s Silver Shovel Award, which recognizes state economic development agencies that drive significant job creation through innovative policies, infrastructure improvements, and processes and promotions that attract new employers, as well as investments in expanded facilities. This was the fifth time in six years Kansas has received this distinction.
In May, Kansas was named the sixth most competitive state in the nation by Site Selection magazine, a leading publication for site location consultants, for capital investment and new facility development. The state ranked 10th for this award last year, and it is the third consecutive year Kansas made the top 10.