Business News

Missouri looks to profit from Illinois tax hikes

Missouri business leaders said Wednesday they are looking for ways to attract business away from neighboring Illinois, which is poised to raise the state’s income tax by 67 percent and corporate ... Read More

Ford plans to fill 7,000 U.S. jobs

Ford Motor Co., providing fresh evidence of the U.S. auto industry’s recovery, will announce today it is adding more than 7,000 jobs in the United States over the next two years. ... Read More

Missouri’s business advantages highlighted in Leaders Magazine

Leaders Magazine interviewed Stephen Maritz, CEO of Maritz Holdings, and Christopher Chung, CEO of the Missouri Partnership on doing business in Missouri. ... Read More

Exergonix picks Lee’s Summit for $90M headquarters, 275 jobs

Exergonix Inc. has picked Lee’s Summit for a planned $90 million headquarters and manufacturing facility, CEO Don Nissanka announced Wednesday. The clean technology company, which makes large battery storage systems, will ... Read More

Pfizer Animal Health will buy Synbiotics Corp.

Kansas City animal health company Synbiotics Corp. said Wednesday that it will sell to Pfizer Animal Health. The deal is expected to close later this week. In a release, the companies ... Read More

ABB Enters U.S. Market for Electric Vehicle Infrastructure

Invests $10 million for stake in ECOtality to supply technology for charging stations ... Read More

Express Scripts’ $70M expansion gets $10M in incentives

Express Scripts Inc. on Friday provided more details of its planned $70 million expansion at its headquarters in north St. Louis County with the addition of a 227,000-square-foot office building at ... Read More

Honeywell FM&T receives prestigious Malcolm Baldrige award

Honeywell Federal Manufacturing & Technologies has won the U.S. Department of Commerce’s Malcolm Baldrige National Quality Award — a prestigious honor given to five companies this year, with Honeywell the only ... Read More

Downtown St. Louis development tops $525M

With the financing closing for the $21 million rehab of the Leather Trades Lofts, current downtown development totals more than half a billion dollars going into the new year. Dominium Development ... Read More

DED incentives help Danish manufacturing company to create 50 new jobs in Moberly

The Missouri Department of Economic Development (DED) announced today that Vest-Fiber, a supplier of fiberglass products and services primarily to the wind turbine industry headquartered in Denmark, has chosen Moberly to ... Read More