Community Impact says it all. The 10th Annual CiCi Community Impact category celebrates and highlights projects around the country that were announced in 2014 and are making a much-needed investment in their communities, bringing jobs and promises of revitalization with them. This category celebrates not only the companies that are making the investment, but the tireless work of the local and state development officials that have helped attract these companies.
Founded in 1886, GAF is the largest roofing manufacturer in North America. Now, it’s hanging its shingle in Missouri in the Moberly Area Industrial Park by building a new, 320,000 square- foot state-of-the-art manufacturing plant. GAF Roofing will invest more than $150 million to develop a 147-acre site for a new shingle laminator facility, an expansion that is expected to create 125 new jobs with a higher wage than the current county average. The plant will serve GAF’s Midwest markets and further enable the company to better serve all of its markets and customers.
Nationwide Mutual Insurance Co said it will acquire Harleysville Group for about $760 million to expand its reach in commercial insurance lines of business and add capacity on the U.S. East ... Read More
Alliant Techsystems Inc.has received a contract worth at least $58.7 million to provide the U.S. Army with ammunition. The contract was awarded to Alliant Techsystems’ Integrated Weapons Systems Division in Mesa, ... Read More
Missouri’s 13 community and technical colleges have received a $20 million federal grant to train as many as 4,600 people for careers in health care. Gov. Jay Nixon announced the MoHealthWINS ... Read More
AT&T Inc. announced this morning that it will spend more than $20 million on infrastructure upgrades at two facilities in Bridgeton. The company also said it has nearly completed the hiring of 64 additional technicians in the Bridgeton area to support the growth of its U-verse services. AT&T is upgrading a work center at 3746 Pennridge Drive that will house U-verse technicians and management teams. The company also is renovating a data center building at 12976 Hollenberg Drive that the company said it is purchasing after having leased it for 20 years. ... Read More
The Coalition for Plant and Life Sciences if evolving into BioSTL, a new organization to promote the growth of bioscience business in the St. Louis area, and has received an initial ... Read More
General Motors Corp. announced plans to invest $380 million in its assembly plant in Wentzville, Mo., according to the St. Louis Business Journal. The deal, which will add a second shift at the St. Louis-area plant, is part of a tentative four-year contract with the United Auto Workers. The automaker also agreed to add or keep 6,400 jobs in the United States and invest $2.5 billion in its factories, including the reopening of a plant in Spring Hill, Tenn. ... Read More
We have some untapped, unrealized potential here. If there’s anyplace that’s going to take the lead in the global marketplace, it’s going to be St. Louis. St. Louis is visionary, open-minded. ... Read More
Ten Missouri colleges and universities were ranked among the best overall in the United States in US News and World Report’s latest rankings of the Best Colleges. Washington University, ranked 14th, ... Read More
According to Fortune Magazine, two Missouri companies are among the 100 fastest growing: O’Reilly Automotive and Insituform Technologies. O’Reilly, headquartered in Springfield, ranked 51st, while Insituform, based in Chesterfield, ranked 62nd. ... Read More
Broadcom Corp., the maker of wireless computer chips, has agreed to buy NetLogic Microsystems Inc. for $50 a share or about $3.7 billion, Reuters reports. The price is a 57 percent premium over NetLogic's Friday close of $31.91 a share. ... Read More