Business News

Area Development magazine has ranked 365 Metropolitan Statistical Areas (MSAs) to determine the “Leading Locations for 2012.

The results show that even amid the recessionary gloom, there were blooms of prosperity, and there are some places that have gotten back on their feet faster than others. The analysis of Leading Locations for economic and job growth is informed by two dozen different economic and workforce indicators from the Bureau of Labor Statistics, the Bureau of Economic Analysis, and the U.S. Census American Community Survey. It ranks the 365 MSAs in a variety of ways, including an overall ranking that crunches 23 indicators, plus separate rankings of “Prime Workforce Growth,” “Economic Strength,” and “Recession-Busting” factors. In overall rankings, Columbia ranked No. 10 (2nd in Top 20 Midwest Cities and 3rd in Top 50 Mid-Size Cities), Jefferson City No. 39 and St. Joseph No. 56 in this year’s list.

[Area Development]

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

Missouri’s gross domestic product rises

Missouri’s Gross Domestic Product (GDP) totaled over $284 billion in 2014 according to advanced data estimates from the U.S. Bureau of Economic Analysis. Missouri GDP increased by 2.8% in current dollars ... Read More

Kansas City and St. Louis named best places to live

Kansas City was recently named the best place to live in the U.S. according to LookyLocal. St. Louis also made the list, ranking at No. 10. “A big plus about Kansas ... Read More

Four Missouri companies named best places for millennials to work

Fortune Magazine just released its first “100 Best Workplaces for Millennials” list and four Missouri-based companies made the cut. According to Fortune, the four companies where Missouri millennials should start submitting ... Read More