owensboro’s advantage for distrbution and logistics
DESCRIPTION
Owensboro, KY USA offers distribution and logistics companies a competitive advantage and cost effectiveness.TRANSCRIPT
Owensboro’s Advantage for
Distribution and Logistics
www.owensboro.com
Location, Location, Location Owensboro is located at the center of the Eastern
US consumer market and is within one day ground delivery of 75% of major markets
Access to I-64 in north, I-65 to south, I-69 to west, I-64/ I-65 Connector, Audubon and Natcher Parkways, US 60, US 431, US 231
CSX Main Line; 8,000 foot runway at OWB, Riverport with FTZ and Custom Port of Entry
Owensboro Advantage in Distribution
Low transportation costs, located 75 miles from the median center of US population
Efficient freight distribution network located between UPS-Worldport- Louisville and FedEx Memphis Hub
More than 2,000 people work in over 100 logistics and related companies such as Unifirst, Wax Works, Packages Plus, Sazerac
Unique degree programs in automation offered at the Advanced Technology Center at Owensboro Community and Technical College
A one-day drive to major markets makes Owensboro an excellent location for just-in-time deliveries.
Owensboro Advantage: Business Cost ComparisonKentucky has the lowest overall cost of doing business when compared to other agricultural product states
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 = Location + Cost
Owensboro has an ample workforce drawn from a two-state area 250,000 strong
Location of existing warehousing industries, expertise and infrastructure
Region is located at the mid-point of the I-69 route connecting Canada and Mexico
Energy costs in the Owensboro region are among the lowest in the nation, with industrial electric rates at an average of $0.05 per kilowatt hour
Owensboro Advantage: Cost of Labor
Average Weekly Wage
Owensboro Region
US Ohio Indiana
Illinois Tennessee
Virginia
All Industries $583 $818 $742 $703 $878 $722 $784
Nat. Resources, Mining, Agric.
$1,085 $825 $750 $709 $759 $699 $717
Construction $729 $856 $811 $810 $1,063 $775 $812
Manufacturing
$742 $989 $962 $961 $1,011 $861 $874
Trade, Transp. Utilities
$587 $702 $650 $615 $767 $684 $663
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
For More Information…
Nicholas Brake, Ph.D.President/CEO
edc.owensboro.com