Business News

WireCo World Group lassoed an international manufacturer of synthetic ropes in a purchase valued at $177 million, the Kansas City Business Journal reports. Kansas City-based WireCo completed its purchase of Lankhorst Ropes on Thursday. Lankhorst makes synthetic ropes used in the marine, fishing and offshore-drilling markets and employs more than 1,300 people in facilities in the Netherlands, Portugal and Brazil. The deal give WireCo about 4,400 employees worldwide, including about 135 at its headquarters. Read More…

Growing investment firm enters the St. Louis market

Rapidly expanding Mariner Wealth Advisors has opened an office in St. Louis led by three former Moneta Group partners. The firm, based in Kansas City, has recruited Patrick Howley, Betsy Dow and Matt Fisher, who jointly manage $460 ... Read More

Two Missouri companies nationally recognized for having incredible employee perks

Two Missouri companies rank among the top 14 globally for employee perks according to Salary.com, which tracks pay and benefits. Kansas City-based Hallmark is ranked at No. 9, and St. Louis-based ... Read More

Two Missouri cities rank high for recreation

St. Louis and Kansas City both ranked highly on WalletHub’s 2015 list of the best and worst cities for recreation. St. Louis ranked at No. 8 overall, earning the No. 4 ... Read More

Missouri company named one of the 50 smartest by MIT

  SunEdison, the renewable energy developer based in Maryland Heights, was tabbed one of the smartest companies in 2015, coming in at the No. 6 spot, via MIT Technology Review’s annual ranking. To make the list, MIT stated that “a company ... Read More

Monsanto gives Wash U STEM initiative $2.2 million

The Monsanto Fund has given Washington University’s Institute for School Partnership a $2.2 million grant to help better teach students in STEM fields — science, technology, engineering and mathematics. Washington University will use that money ... Read More

Cities Where Millennials Can Afford to Pay Rent

Dear young people who are deep in the struggle of life as adults: would you like to pay a little less to sleep in your bed at night? If your answer ... Read More

Global building material manufacturer to open a facility in Joplin, Gov. Nixon announces

JOPLIN, Mo. – Gov. Jay Nixon today joined local leaders and company executives from Ohio-based Owens Corning to announce the company’s plan to open a manufacturing facility in Joplin. The nearly ... Read More

Kraft plans $114 million Columbia expansion

Kraft Foods is seeking a 75 percent property tax break for 10 years on a planned $114 million investment in equipment and infrastructure at its Columbia plant. The Columbia Board of ... Read More

NORDYNE plant will not close, will be used as warehouse

Poplar Bluff, MO  – Nortek Global HVAC (formerly NORDYNE) announced on July 2 the company is shifting its central warehouse operation back to their Poplar Bluff location. While original plans were ... Read More

Connecticut’s pain is Liberty’s gain: 400 Hallmark jobs

Hallmark Cards Inc. is consolidating the operations of its Connecticut distribution center, which will create about 400 full-time jobs in Liberty. The current Enfield, Conn., facility opened in 1980 and employs ... Read More