MU starts tapping into wind power
- September 21, 2012
Wind is being added to the list of renewable energy sources at MU. Installation of a 100-foot-tall wind turbine is set to begin Wednesday at the old Beef Barn off Stadium ... Read More
Business News
Missouri’s two largest metros have been ranked as some of the least expensive U.S. cities with a population over two million to do business in, according to the latest KPMG Competitive Alternatives report. St. Louis ranked at No. 9 with an index of 96.6 and Kansas City ranked at No. 11 with an index of 96.8.
KPMG’s 2014 report marks the first time they have included coverage of all 31 U.S. metros with a population of two million or more. The business costs are expressed as an index, with a U.S. baseline of 100.0, which is an average of the nation’s four largest metros: Chicago, Dallas-Fort Worth, Los Angeles and New York City. An index below 100 indicates lower costs than the U.S. baseline.
KPMG is a global network of professional firms providing audit, advisory and tax services.
See the full report
BASF to buy Becker Underwood for $1 billion
- September 21, 2012
BASF, the world’s largest chemical company, is buying Iowa seed treatment company Becker Underwood from Norwest Equity Partners for $1.02 billion. German-based BASF is making the purchase to boost its farming ... Read More
General Motors Co. will build an all-new GMC Canyon pickup in Wentzville
- September 21, 2012
The midsize Canyon joins production plans at Wentzville, where GM is investing $380 million to build that pickup and an all-new Colorado. GMC officials would not say when the Canyon will ... Read More
Data storage startup Evtron also headed to DEMO
- September 17, 2012
Neither Andrew Mayhall nor his data storage startup Evtron have a lot of name recognition. But that may soon change, as the 19 year old gets ready to introduce his company ... Read More
High-tech startup moves to St. Louis from Costa Rica
- September 14, 2012
The startup simMachines is relocating its headquarters to St. Louis from Costa Rica after receiving funding from Arch Grants, the global business plan competition providing $50,000 grants to startups and taking ... Read More
Columbia Gains Recognition for its Focus on Entrepreneurship
- September 05, 2012
If you’re looking for a place to start a business, Columbia wants to be at the top of your list. A focus on entrepreneurship has been taking hold here. To keep ... Read More
Ameren makes Site Selection’s top utilities list
- September 05, 2012
Site Selection magazine has selected St. Louis-based Ameren Corp. as one of its 10 Top Utilities in Economic Development in its September issue. The selection was based on analysis of corporate ... Read More
California data center design-build firm opens office in St. Louis
- August 31, 2012
Data Specialties Inc., an Orange County, Calif.-based data center design-build firm, has opened an office in St. Louis. The company has two offices in California and one in Phoenix, Ariz., and ... Read More
Missouri Technology Corporation makes investments in St. Louis startups
- August 31, 2012
The Missouri Technology Corporation (MTC) today announced investments in two St. Louis-based start-up companies through its TechLaunch program. MTC made a $45,000 investment in an optical diagnostics start-up, MediBeacon LLC, and ... Read More
Missouri Recognized in Business Facilities 2012 Rankings Report
- August 31, 2012
Missouri was recognized for strength in auto manufacturing, business start-ups, and biodiesel. St. Louis was recognized as a top manufacturing city and a city with some of the lowest business costs. ... Read More