Business News

The Coalition for Plant and Life Sciences if evolving into BioSTL, a new organization to promote the growth of bioscience business in the St. Louis area, and has received an initial $30 million funding commitment.

Washington University, BJC HealthCare and the St. Louis Life Sciences Project have each committed $2 million per year for each of five years to the BioSTL, what organizers call “the next step” in a 10-year-old collective effort to increase economic activity in the medical and plant biosciences in St. Louis.

[St. Louis Business Journal]

Missouri Food Processing Company Paradise Locker doubles its footprint, adds jobs

The Missouri Department of Economic Development today announced that Paradise Locker, a Missouri-grown, sustainable meat processing company based in Trimble, is doubling its size and increasing its workforce to about 30 ... Read More

Cardinal Health expanding Moberly operations, adding 50 new positions

The Missouri Department of Economic Development today announced that Cardinal Health will expand its Moberly manufacturing facility, creating 50 new jobs for the area over the next six years. “Cardinal Health’s ... Read More

LockerDome adding 300 jobs in move to larger downtown HQ

LockerDome, the St. Louis-based startup led by CEO Gabe Lozano, plans to add hundreds of jobs as it moves across Washington Avenue to a larger space owned by the McGowan brothers. ... Read More

Logistics provider enters KC with lease at Three Trails Industrial Park

Commonwealth Inc., a Cincinnati-based third-party logistics firm, has signed a lease for its first Kansas City location — a 101,567-square-foot space at NorthPoint Development’s new Three Trails Industrial Park. Whitney Kerr ... Read More

Long-time Missouri co. to embark on its largest expansion

The hunting, outdoor and sporting goods distributor Green Supply is creating 31 new jobs and growing its warehouse distribution center in Vandalia. The company is already hiring for six of these ... Read More

St. Louis Among Top 10 Markets with the Most Manufacturing Graduates

St. Louis ranked 5th for number of graduates according to Site Selection Group. Site Selection Group, a global site selection and economic incentive firm specializing in labor analytics, used recent data ... Read More

Kansas City and St. Louis Among the top 20 Metro Areas for Warehouse Construction

Site Selection Group researched the top metro areas that are trying to keep pace with the demand for facilities. Kansas City ranked 11th with 3.72 million square feet of warehouse real ... Read More

Cleveland chemicals company to move HQ to St. Louis

Cleveland-based chemicals firm Vectra, formerly known as OM Group, announced Monday it would be moving its headquarters to St. Louis. Vectra is a specialty chemicals company that includes three businesses — ... Read More

New Springfield call center promises 200 jobs

The center is scheduled to open December 1. The Springfield Area Chamber of Commerce announced FLS Connect, a political communication and fundraising company based in Minnesota, has leased the former Strategic ... Read More

Missouri Moves Up in Corporate Income Tax Index Ranking

Missouri’s corporate income tax rate of 6.25 percent, was bested only by South Dakota and Wyoming, which tied at No. 1 for having no corporate tax rates. Because Missouri allows 50% ... Read More