- Project
- Midwest
- Regional
- Industry Analytics and Strategy
The Challenge
Perry, Scott, and New Madrid counties in southeast Missouri stand at a critical juncture and are transitioning to a more regionally focused economic development strategy. These counties are situated in a rural portion of the state where agriculture and manufacturing are legacy industries that continue to significantly contribute to the economy.
As market viability shifts and grows increasingly competitive, a new regional organization, Southeast Missouri Regional Economic Development, Inc. (SEMO REDI), received funding from the US Economic Development Administration to identify target industries and develop site plans for priority sites to be more competitive for business growth and attraction.
The Solution
SEMO REDI commissioned Camoin Associates to undertake a comprehensive evaluation of current industrial trends in southeast Missouri, uncovering the strengths and synergies within existing industrial clusters and spotlighting promising industries and markets ripe for development.
This analysis equipped the region with the necessary insights to effectively cater to the evolving needs of these industries and emerging subsectors, ensuring a targeted and strategic approach towards regional economic development.
Our work also included an in-depth market analysis to quantify the industrial real estate market demand to gauge the region’s readiness to site potential projects.
The Impact
Camoin Associates presented to the boards of each jurisdiction in March 2025. The data compiled for the target industries and real estate market analysis have already been valuable tools for each community and have been referenced frequently in business attraction and retention efforts.
The region continues to see progress in developing its industrial parks. In February 2025, SEMO REDI announced that an Amazon delivery station was set to open in Scott City, creating 70 jobs at the SEMO Industrial Park.
Services Provided:
- Target industry analysis
- Industrial real estate market analysis
- Site development plans (developed by Arcadis)
- Business leader engagement
- Regional competitiveness analysis
- Strategy development
What Our Client Said
“This industrial market analysis highlights key site selection opportunities in the region. The insights gained from this process will allow us to more effectively promote southeast Missouri as a region with strong access to technical talent, superior transportation and utility infrastructure, and significant market growth potential.”
CRYSTAL JONES | Executive Director | Perry County Economic Development Authority
“SEMO REDI will utilize our Industrial Site Feasibility Study to help guide targeted recruitment efforts and as a foundation upon which we can continue building stronger regional economic development partnerships throughout Southeast Missouri.”
SHAD BURNER | Chief Executive Officer | SEMO REDI
Learn more about our industry analytics and strategy services