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Monday, December 23, 2024

Governor signs bill supporting $2.5 billion investment in Kansas City

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Michael L. Parson, 57th Governor of Missouri | Missouri Gov. Michael Parson

Michael L. Parson, 57th Governor of Missouri | Missouri Gov. Michael Parson

Governor Parson Signs SB 1388, Supporting Billions in Business Investment

Kansas City — Today, Governor Mike Parson signed Senate Bill (SB) 1388 during a ceremony at the KC NExT construction site near the Kansas City National Security Campus (KCNSC) managed by Honeywell Federal Manufacturing & Technologies (FM&T). Governor Parson was joined by Honeywell FM&T representatives as well as state and local elected leaders, including bill sponsors Representative Chris Brown, Representative Anthony Ealy, and former Senator Greg Razer.

"Missouri is on the move. Our economy continues to grow and businesses are finding success all across our state, including right here in Kansas City," Governor Parson said. "We're proud to sign this legislation today to help pave the way for nearly $2.5 billion in investment and thousands of high-paying jobs in the coming years at the KC NExT campus. This legislation is a testament to the success our state can achieve when government removes roadblocks and works alongside our business and industry partners."

SB 1388 authorizes a state and local sales tax exemption for all sales and purchases of tangible personal property, building materials, equipment, fixtures, manufactured goods, machinery, and parts for the expansion of the National Nuclear Security Administration campus in Kansas City MO.

About KCNSC:

The Kansas City National Security Campus (KCNSC) is a National Nuclear Security Administration (NNSA) facility managed and operated by Honeywell Federal Manufacturing & Technologies. The facility develops and manufactures non-nuclear components to assure the safety, security, and effectiveness of the Nation’s nuclear stockpile. It also conducts additional activities in support of the NNSA’s nuclear deterrence and non-proliferation missions.

KCNSC manufactures 80 percent of non-nuclear components that go into the United States’ nuclear stockpile. In FY22 alone, the Kansas City site processed over 7.2 million parts. NNSA and Honeywell FM&T currently employ approximately 7,000 full-time employees who work from the 1.75 million square foot Kansas City National Security Campus.

About KC NExT:

NNSA’s operations at KCNSC have expanded significantly so much so that current workload demands exceed the site's nominal capacity and may continue to increase over the next two decades based on NNSA's current program requirements and projections.

To continue to meet its growing national security mission, NNSA has identified a critical need to obtain more office and manufacturing space for an expanding workforce and long-term operational needs. The plan being pursued – called the Kansas City Nonnuclear Expansion Transformation or “KC NExT” – will add 2.5 million square feet of new buildings for NNSA’s specialized engineering and secure high-tech manufacturing to be built over the next 10-15 years.

The KC NExT campus will provide the infrastructure necessary to support thousands of high-paying jobs at Honeywell FM&T and with other NNSA contractors.

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