Kansas, Missouri battle over companies

[KCMax]

AMC is now owned by Wanda group from China.....says HQ will stay in KC area and day to day operations won't change.

Sad.

I wonder how KS Tea Partiers feel about having their tax dollars subsidizing a Chinese company.

[brewcrew1000]

I'd be willing to bet that AMC Corporate leaves the KC area within 5 years for LA

[kboish]

agree

[zonk]

http://www.usatoday.com/money/media/sto ... 4/1?csp=hf

http://www.bizjournals.com/kansascity/n ... lasts.html

[KCPowercat]

I'd be willing to bet that AMC Corporate leaves the KC area within 5 years for LA

There is no way I'd build them that HQ if I was Kansas that's for sure.....but anybody want to bet against them going full steam ahead?

[Highlander]

I'd be willing to bet that AMC Corporate leaves the KC area within 5 years for LA

There is no way I'd build them that HQ if I was Kansas that's for sure.....but anybody want to bet against them going full steam ahead?

Aren't they already committed? Shades of TransAmerica all over this deal.

[KCPowercat]

How could Kansas be committed? Wouldn't they have built protection into any contracts around changes in ownership? Fools.

@AMCTheatres: @downtownkc Our plans to move the AMC Theatre Support Center to Leawood, Kan., have not changed. We’ll remain in the KC Metro area. -Jordan

[FangKC]

Yeah, just like Sprint/Nextel. Management said the headquarters would be in Virginia, but it eventually came back to Overland Park. I am not confident that AMC will remain in the KC Metro for long. Maybe a few years while the integration gets done.

[Highlander]

It was interesting that AMC was owned by a group of equity firms prior to the sale (including Bain Capital). There seems to be a pattern with great KC companies that lose local ownership; eventually they become shadows of their former selves and end up all but leaving the area. AMC is following that mold (e.g., Marion Labs and many others).

[FangKC]

Wall Street Journal article on the purchase of AMC

http://online.wsj.com/article/SB1000142 ... Collection

[chaglang]

There seems to be a pattern with great KC companies that lose local ownership; eventually they become shadows of their former selves and end up all but leaving the area.

Ladies and Gentleman, your Kansas City Royals!

[knucklehead]

According to this article the TEVA incentives "approached $53 million".

It is behind the paywall at the Business Journal, but it is on page three so you can use the free preview of this week's addition to read part of it.

http://www.bizjournals.com/kansascity/p ... me-to.html

$53 million to move 400 employees six or seven miles is nuts.

[KC-wildcat]

KCMO going after Freightquote and its 1000 employees currently located in JoCo.

http://www.kansascity.com/2012/05/23/36 ... -with.html

[chrizow]

KCMO going after Freightquote and its 1000 employees currently located in JoCo.

http://www.kansascity.com/2012/05/23/36 ... -with.html

i could maybe get behind this if they were wooing them to come downtown, but the company has already ruled that out. sounds like it would be out in the 435/holmes area, aka college blvd east. this crap needs to stop.

[KC-wildcat]

i could maybe get behind this if they were wooing them to come downtown, but the company has already ruled that out. sounds like it would be out in the 435/holmes area, aka college blvd east. this crap needs to stop.

I agree 100%.

[kboish]

I've also heard rumors of the EDC getting close to landing a major tech firm DT....nothing to do with the border war, but just thought i'd stir the rumor pot.

[KCPowercat]

KCMO going after Freightquote and its 1000 employees currently located in JoCo.

http://www.kansascity.com/2012/05/23/36 ... -with.html

KCMO needs to stay far away from this.

[grovester]

They should put out a release declining to pursue them and laying out exactly why it makes no economic sense.

[aknowledgeableperson]

Don't hold your breath.

[Zorobabel]

I've also heard rumors of the EDC getting close to landing a major tech firm DT....nothing to do with the border war, but just thought i'd stir the rumor pot.

This is what KCMO needs to be focusing its energies on: growing the local tech industry and bringing those companies downtown.

Freightquote at I-435 and State Line Road? Yeah, that's exactly the kind of stuff KS is doing.