All three top global credit-rating agencies, Fitch Ratings, Moody’s, and Standard & Poor’s, have recently reaffirmed Missouri’s AAA credit rating. The ratings, which apply to general obligation bonds issued by the state, help keep borrowing rates low for school districts, local governments, and public bodies that borrow money to undertake major projects. Lower interest rates save taxpayers millions of dollars a year. The flexibility provided by Missouri’s fully funded budget reserves contributed to the top rating.
Missouri has maintained a AAA bond rating from all 3 agencies since 1989- or 24 years.
Missouri University of Science and Technology has received a $750,000 grant from NASA to administer and help develop new approaches and computational models for predicting turbulence in aircraft flow fields. Missouri ... Read More
With the arrival of 5.7 million pounds of stamping press components delivered by barge and heavy lift truck to its Wentzville assembly plant, General Motors announced Thursday that it was on ... Read More
Ascent, a St. Louis-based developer and operator of data centers, plans to build a new $85 million data center in St. Louis. The data center will be built near the Plymouth ... Read More
Mercury Communications and Construction, a wireless infrastructure services provider, is expanding its presence in Fenton and will invest more than $500,000 in new office space and software to help fuel growth. ... Read More
A Washington University-based research center seeking better ways to collect and use solar energy has received $14.4 million in federal funding. The Photosynthetic Antenna Research Center (PARC), which is led by ... Read More
Economic Development Sedalia-Pettis County joined officials from Stribling, Inc., to celebrate the announcement of an expansion for the company in Sedalia. Stribling Packaging, LLC, Inc., of Rogers, Ark., is planning a ... Read More
St. Louis and Kansas City both ranked high on WalletHub’s 2014 list of the 100 Best and Worst Cities for Staycations in the United States. St. Louis ranked at No. 13 ... Read More
KWS will invest $13.7 million to locate in BRDG Park, creating 75 new jobs A leading global plant science company has selected St. Louis to be the home of its new ... Read More
More than 300 elementary school, middle school and high school teachers from throughout the United States are spending part of their summer at Missouri University of Science and Technology and two ... Read More
News that Cortex officials plan to invest$5 million to renovate the Center for Emerging Technologies and re-brand it as the CIC@CET (Cambridge Innovation Center at the Center for Emerging Technologies) means ... Read More