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KC region sees significant industrial growth in 2020

The total payroll attracted to the KC region for 2020 was $123 million and 3,269 new jobs were created by these twelve companies. Ecommerce and food and beverage operations also grew, the bulk of those results expected to show in early 2021.

The last year presented many challenges, most centered around COVID-19. However the Kansas City region also had its bright spots.

Similar to the rest of the country, the industrial real estate and supply chain sectors in Kansas City saw significant growth, 2020 proving to be a record year for industrial development and the attraction of freight-based companies across the KC region. 

On the industrial development front, close to 16 million square feet of new industrial development (build-to-suit and spec) was either completed or started construction in 2020. The total payroll attracted to the KC region for 2020 was $123 million and 3,269 new jobs were created by these twelve companies. Capital investment for 2020 totaled $889.9 million.

Companies including Dots Pretzels, Tuthill, Chewy, World Pantry, Urban, UPS, Phoenix Package Logistics, Project Frosty, BoxyCharm, Pretzels, Inc., Kenco Logistics and Melaleuca chose the KC region in 2020. Other notable companies that selected the KC region include Pepsico and Amazon, which announced an additional 1 million square foot facility.

Growth in eCommerce as well as food and beverage operations continued through 2020, and we will see the results of new attraction success early in 2021. These two industry sectors will be priorities in 2021 with increased focus on sub-sector targeting.