Mega mystery company coming to Kansas?

[wufan]

Interestingly, McPherson has more manufacturing plants than the population can sustain. There are 7000 manufacturing jobs and only 13000 residents. Hundreds of Wichitans work at Pfizer alone.

[RoyalShock]

Interestingly, McPherson has more manufacturing plants than the population can sustain. There are 7000 manufacturing jobs and only 13000 residents. Hundreds of Wichitans work at Pfizer alone.

Just from my greater Buhler-Inman metro circle, I know at least six who work at Pfizer.

[C0|dB|00ded]

Few people consider the multiplier effect when a company moves a bunch of solid jobs into town. The following brief details indirect (supplier and induced) jobs that stem from direct jobs. They state that private sector, durable manufacturing companies create 744 jobs for every 100 they bring to a community. That means 4,000 "real" jobs added to Wichita, actually becomes 29,760.

https://www.epi.org/publication/updated-employment-multipliers-for-the-u-s-economy/

An understanding of employment multipliers—the degree of backward and forward linkages that exists between industries—may often be useful to policymakers and analysts. As an example, the three largest U.S. automobile firms (General Motors, Ford, and Chrysler) directly employ substantially less than 200,000 workers in the United States. Yet it was widely (and correctly) considered imperative among policymakers to not let these firms fail and become casualties of the financial crisis of late 2008. This belief from policymakers was driven by the fully rational fear that the substantial backward and forward linkages from auto assembly jobs would be large enough to cause mammoth ripple effects throughout the economy. Without understanding the scope of these effects, this decision would be harder to understand.

This would be huge for Wichita...

[Veritas]

I'm sure the location is up around KC. Either way, it is an intriguing opportunity assuming everything is legit. Kansas could use a huge investment like that and apparently they'd be offering a number of very solid jobs.

The one aspect that could make the Wichita area more attractive would be the long history of manufacturing around here. The growth potential something like this could offer to an area is impressive and the development that would most likely pop up near such a facility could be beneficial.

With that said, I have my doubts Kansas is chosen. Though I don't know what state we're competing with for this either. But this could be a huge win for Kansas if it works out.

As one politician in the NE stated, “Southeast” Kansas does not have the labor force to provide the jobs.

Wichita labor flexes with aircraft manufacturing which leads me to believe Textron and Spirit have a handshake deal with Wichita officials in NOT recruiting new industry to the Wichita area.

Wichita makes sense as a good site especially with the Innovation Campus providing support (such as Deloitte)

https://www2.deloitte.com/us/en/pages/energy-and-resources/solutions/smart-factory-experience-wichita.html

[SubGod22]

As someone else mentioned, El Dorado could still be an option and would benefit the same workers in the Wichita metro as well, and they wouldn't have any need for aviation handshake deals to keep work away. I'm sure there could be other areas in the metro that could still benefit the region without being in Wichita. Wherever something like this would end up would be a huge benefit to wherever it is. I'm not sure if Colds multiplier effect is accurate, but the general premise behind it is sound. Even if those 4k only lead to 10k it's a win.

With that said, I fully expect it to be a KC area win should Kansas be the destination, but I really hope that isn't the case. A facility like this is going to attract people with good pay. People will travel for work. People will move for work. And as others have pointed out, the work that WSU is doing along these lines would be a great asset for locating to this region.

[C0|dB|00ded]

As someone else mentioned, El Dorado could still be an option and would benefit the same workers in the Wichita metro as well, and they wouldn't have any need for aviation handshake deals to keep work away. I'm sure there could be other areas in the metro that could still benefit the region without being in Wichita. Wherever something like this would end up would be a huge benefit to wherever it is. I'm not sure if Colds multiplier effect is accurate, but the general premise behind it is sound. Even if those 4k only lead to 10k it's a win.

With that said, I fully expect it to be a KC area win should Kansas be the destination, but I really hope that isn't the case. A facility like this is going to attract people with good pay. People will travel for work. People will move for work. And as others have pointed out, the work that WSU is doing along these lines would be a great asset for locating to this region.

The numbers are correct... it's science.

Notes: See methods appendix for derivation. The industry-specific multipliers from Appendix Table A1 are weighted and summed across industries within major industry groups to get the multipliers in this table. For the per-100-jobs multipliers, the weight used is hours of work (weights are included in the Bureau of Labor Statistics Employment Requirements Matrices data).

Source: EPI analysis of data from the Bureau of Labor Statistics (BLS) Employment Requirements Matrices, the BLS Current Employment Statistics program, and the Bureau of Economic Analysis GDP-by-industry accounts

Notes: See methods appendix for derivation. The industry-specific multipliers from Appendix Table A2 are weighted and summed across industries within major industry groups to get the multipliers in this table. For the per-$1-million multipliers, the weight used is an output weight (weights are included in the Bureau of Labor Statistics Employment Requirements Matrices data).

Source: EPI analysis of data from the Bureau of Labor Statistics (BLS) Employment Requirements Matrices, the BLS Current Employment Statistics program, and the Bureau of Economic Analysis GDP-by-industry accounts

"Durable manufacturing" organizations are one of the most potent job multipliers out there. We built this little country called China with them.

Had Boeing decided to close down the Wichita plant instead of selling, well... Wichita would be done. This is why Wichita needs to be working day and night on diversifying the economy. We are too reliant on Spirit and Cessna. Either company leaves and we're done. We'd look like little Detroit.

On that same note, Spirit MUST diversify away from the 737. The second Boeing decides to mothball that model (it's only been in production for 54 years)... Spirit is done.

Wichita is actually in a much more precarious position than anybody wants to admit. There's a reason this city hasn't been growing for decades compared to its peers. We have the smell of death on us.

[RoyalShock]

It cost Ohio $2B in incentives to get Intel's chip plant.

https://www.newsnationnow.com/business/tech/tech-headlines/ohio-lured-intels-chip-plant-with-2b-incentive-package/?utm_source=t.co&utm_medium=referral&utm_campaign=socialflow

[C0|dB|00ded]

Maybe we could lure a chipmaker to Wichita on Spangles free Mudslide coupons...

Boeing used to get massive incentives from Sedgwick County. I'm sure Cessna does also. This company bringing 4,000 employees won't be paying much - if any - local taxes, and they shouldn't.



They would be one of the top 5 largest private employers in Wichita. It would be a game-changer for this town. A shot of steroids to our population growth trend. But of course it will never happen.

[Veritas]

I’m hoping it’s the Wichita area. Maybe that is why it’s a secret… to get NE Ks support prior to the location being announced.
I really think Deloitte and the innovation campus could be the game changer in this decision.

[SubGod22]

Found what I couldn't find earlier, but the date stamp isn't anything new.

Link

At least 1B in tax incentives, and could be up to 1.5B. Also included in the bill is a decrease in the corporate tax rate state wide, which is a good thing.

I also want to say that since Masterson knows the details on the business that it would be coming to this area, but that's just wishful thinking.

But it also has overwhelming bipartisan support which is encouraging. I haven't seen any updates on the process but you would hope that it is done quickly.

[Veritas]

https://www.bizjournals.com/wichita/news/2022/02/01/kansas-mega-project-electric-vehicle-aerospace.html?utm_source=st&utm_medium=en&utm_campaign=EC&utm_content=wi&ana=e_wi_EC&j=26563249&senddate=2022-02-01

looks like Tulsa and JoCo might be the the two finalists.

Wichita leadership needs to get aggressive on these opportunities. Contrasted to Tulsa, Omaha, and even Des Moines, Wichita is losing ground in population and diversity in jobs.

[Veritas]

Could things be looking up for Wichita?

https://www.bizjournals.com/wichita/news/2022/02/06/wichita-megaproject-location-manufacturing-site.html?utm_source=st&utm_medium=en&utm_campaign=EC&utm_content=wi&ana=e_wi_EC&j=26619214&senddate=2022-02-07

[ShockerPrez]

What seems to be consuming large amounts of real estate up here in Joco is gigantic warehouse operations. I couldn't tell you how big an Amazon fulfillment center is, but it's huge.

3m square feet would almost have to be in an undeveloped area where there is access to infrastructure capable of shipping whatever is made.

Unless it's going to be something like a data server farm or something, which brings it's own infrastructure requirements. But still needs to have room to build freely.

[ShockerPrez]

I dont remember if its been mentioned, but an Amazon fulfillnent center to expand their same day/next day service would make sense and be determinant on geographic location. Wichita does have sorta being close to the middle of nowhere in it's favor.

Edit, never mind, forgot it's manufacturing, so not Amazon, unless the are just gonna start making their own ****.

[Ted Lasso's Neighbor]

I dont remember if its been mentioned, but an Amazon fulfillnent center to expand their same day/next day service would make sense and be determinant on geographic location. Wichita does have sorta being close to the middle of nowhere in it's favor.

Edit, never mind, forgot it's manufacturing, so not Amazon, unless the are just gonna start making their own ****.

FYI - there is an Amazon fulfillment center that opened last fall in Park City on North Broadway. It's a million square feet and this video at KWCH give you a look inside of what something like that looks like - https://www.kwch.com/2021/12/10/new-...ead-christmas/