Macon County Economic Development

Major Employers

Name of Company	Product/Service	Total Employees

Onshore Technology Services	IT Software Development	35
ConAgra	Frozen Foods	440
Assembly USA	Small Parts & Assembly	5
Economy Products	Small Parts, Machinery	50
Chariton Valley	Telecommunications	40
Ethanol	Ethanol Production	40
Rock Hill Mechanical	Fabrication	23
Macon Diversified Industry	Pallet Manufacturing, Assembly, Recycling	40
Granuband	Rubber Recycling	35
Ardent Outdoors	Light Manufacturer	30
Co2 Transport	Trucking	10
Services
Loch Haven Nursing Home	Health Care	210
Macon Health Care	Health Care	80
Samaritan Hospital	Health Care	197
Tiffany In-Home Services	Health Care/Home Services	35
State Highway Patrol	Police/Security	103
Veolia ES Landfill	Trash Removal	85
Macon Public Schools	Education	206
Macon Electric Cooperative	Utilities	46
Macon Municipal Utilities	Utilities	47
Retail/Businesses
Wal-Mart	Retail	115
Sydenstricker Truck & Tractor	Farm Implement Sales and Service	35
Bentz GM Country	New & Used, Parts Dept.	34
Jepson's Lumber	Lumber Sales	24
Prenger Foods	Grocery Retail	25
C & R Market	Grocery Retail	50
Macon Chronicle Herald	Newspaper	30
Sutton Motors	New & Used, Parts Dept.	25
Administrative Offices
City of Macon	City Offices	40
Citizens Bank and Trust	Banking Services	11
Bank Midwest	Banking Services	6
Macon-Atlanta State Bank	Banking Services	37
Bank of Macon	Banking Services	10
US Bank	Banking Services	35
Shafer, Kline, & Warren	Engineering/Consulting	20
C & R Market Offices	Administrative Offices	20
Distribution Centers
Coca-Cola	Beverage Sales & Service	20
Real Estate
Bickhaus Realty	Real Estate
Century 21	Real Estate
Macon Realty	Real Estate
Stephens Realty	Real Estate
Assist-2-Sell	Real Estate
United Country Realty	Real Estate
Tiger Country Realty	Real Estate
Wild Life
Heartland Wildlife Ranch	Wild Life	16
Government Offices
State Highway Department	Roads/Repairs	153

Incentives

Services	One-stop-shop for local businesses
	State and local permitting assistance
	Executive relocation services
	Staff member is assigned as company's personal community ambassador.
	Comprehensive spousal relocation assistance
Financing	Tax exempt Industrial Revenue Bond financing available for qualifying projects
	Reduced rate financing
	Low interest loans for qualifying products
Tax Credits	Jobs/investment corporate income tax credit ($75 per job and $75 per $100,000 investment) each year for 10 years.
	50% federal income tax deduction on Missouri corporate income tax.
	Seed capital fund income or franchise tax credits
	Industrial Development Fund income tax credits
Tax Exemptions	Property tax exempted on business and industrial inventories
	Sales/use Tax exempted on manufacturing machinery/equipment
	Sales/Use Tax exempted on air and water pollution control equipment
	Sales/Use Tax exempted on materials and supplies used to install exempted equipment
Enterprise Zone	Property Tax Abatement
	Sales Tax Credits
	Investment Tax Credits
	Employee Tax Credits
	State Funded Training

Taxes

Taxation of real and personal property	Missouri law sets the assessment ratio for personal property at one-third (33 1/3%) of true value. Real property assessment is 32% of true value. All are then taxed at the rate of $6.12 per hundred dollars of valuation.
Taxation of telecommunications services	There is an 8% gross receipt tax on local calls
Taxation of 800 number calls	None
General sales and use tax	The local sales tax is 7.60%. There is no use tax.
Average worker's compensation costs	The cost is 40 cents per $100 of payroll.
Unemployment insurance costs	Missouri's system begins all new employers with a rate of 2.7% on the first $8,000 of payroll per employee. As the company develops a track record, the rate may be lowered to as low as 0% depending on the number of claims.

Taxes - City/County

Basic Property Tax Per $100 Assessed Value in the Macon District	State: .03 City: .8516 County: .9654 School: 3.30 Special Road: .4922 Total: 5.6392
Sales Tax	City: 1.5 County: 1.875 State: 4.225* Total: 7.60 *3.0% not charged on food