A new survey released earlier this week said that more than half of the worldwide sales of animal health, diagnostics and pet food products are generated from companies located along what is marketed as the Kansas City Animal Health Corridor.
The survey, conducted by Axxiom Consulting, said that companies located along the corridor that spans from Columbia, MO, to Manhattan, KS, represented 56% of global sales, a total of about $88.2 billion. More than 300 animal health companies are located along the corridor, giving the Midwest stretch of landscape the largest concentration of like companies in the world.
Scott Bormann, vice president of U.S. operations for Merck Animal Health ($MRK) and chair of the Corridor Advisory Board, said in a statement that the survey "is a powerful endorsement of nearly a decade of cooperation, teamwork and strategic focus."
Since the launch of the KC Animal Health Corridor efforts by the Kansas City Area Development Council in 2006, the organization said 31 animal health companies have set up shop in the region, pledging to create 1,368 new jobs. Those jobs generated $78.6 million in new payroll. Overall, the organization said, the companies have made a total capital investment of $872.5 million and occupy over 1 million square feet of new space.
- see the release