Business News

The Boyd Co., based in Princeton, N.J., has ranked Kansas City No. 20 in a study of the annual operating costs for a data security center in the nation’s 45 largest regional financial centers.

Running a data center in Kansas City costs $12.2 million a year, putting it between the most expensive surveyed market — New York at $23.7 million a year — and the least expensive market — Sioux Falls, S.D., at $10.4 million annually, according to the study.

[Kansas City Business Journal]

2014 was record-setting year for job creation and capital investment in Missouri

2014 was a record-setting year for job creation and capital investment in Missouri, with over 155 total projects announcing over 28,500 new jobs. The majority of the new jobs (over 16,000) were announced ... Read More

Missouri’s automotive industry continues to expand

The Missouri automotive industry is growing at a rapid pace. Since 2010, Ford, General Motors and more than 60 automotive suppliers have added—or announced plans to add—more than 9,900 new jobs ... Read More

Missouri Economic Development Accolades 2014

Record year for jobs and capital investment: FY2014 was a record-setting year for new job creation and capital investment from growing companies partnering with the state to expand. Largest-ever expansion in ... Read More

Growth in Missouri’s Aviation and Aerospace Industry Led by Boeing and ATS

Missouri has seen a tremendous growth in the aviation and aerospace industry with over 2,500 new jobs announced within the last year and a half alone, including Boeing’s plans to create ... Read More

Missouri’s professional services industry growing rapidly

Within the past year, Missouri companies have added—or announced plans to add—nearly 19,000 new jobs and over $4.3 billion in capital investment in the state’s professional services industry. In each of ... Read More

Ford will add 900 jobs at Kansas City Assembly Plant

Ford Motor Co. will add 900 new jobs at its Kansas City Assembly Plant in Claycomo to meet strong demand for the newly launched 2015 Ford F-150 pickup. The hiring in ... Read More

Gov. Nixon helps celebrate opening of new Joplin manufacturer Cook Portable Warehouses

Gov. Jay Nixon visited Joplin today to highlight the recent monthly jobs report showing that Missouri added more jobs in 2014 than any year since 1997, and to celebrate the grand ... Read More

Gov. Nixon visits Springfield to announce new jobs by local manufacturer

Following his 2015 State of the State address, Gov. Jay Nixon visited Springfield today to highlight the recent monthly jobs report showing that Missouri added more jobs in 2014 than any ... Read More

Uncle Ray’s to open production facility in Montgomery City

Uncle Ray’s, LLC, a leading producer of potato chips and snacks, has selected Montgomery City as the home for a new production facility. The company is planning to invest over $13 ... Read More

Patterson Mold and Tool expands in St. Charles, creating 19 new jobs

The Missouri Department of Economic Development (DED) today announced that Patterson Mold and Tool is expanding its St. Charles facility. The expansion project includes a $4.4 million capital investment and is ... Read More