OWensboro KY offers advantages for site location in back office headquarters

1. Owensboro’s Advantage
for Back Office
Headquarters
www.owensboro.com

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. 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. 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. 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. 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. 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. For More Information…
Nicholas Brake, Ph.D.
President/CEO
nbrake@owensboro.com
270-926-4339
edc.owensboro.com