Business News

The United States Department of Energy offered a $1.37 billion loan guarantee on Monday to a California company planning to build a large-scale solar power plant in the Southern California desert.

The loan guarantee for BrightSource Energy of Oakland, Calif., is the largest the department has given for a solar power project. BrightSource’s planned project, the Ivanpah Solar Electric Generating System, is the first utility-scale solar power plant to undergo licensing in California in nearly two decades.

St. Louis Children’s Hospital first in U.S. to implant artificial lung

St. Louis Children’s Hospital recently became the first hospital in the country to implant an artificial lung. A team of Washington University doctors working at the hospital and led by cardio-thoracic ... Read More

DED designates Fulton location as certified site

Missouri Department of Economic Development (DED) Director David Kerr visited  Fulton today to officially designate a local site as the state’s fifth Certified Site. Chosen by DED’s Certified Site team, the ... Read More

Leinco gets $1.5M incentives to stay here

Leinco Technologies Inc. has landed more than $1.5 million in incentives from Missouri and St. Louis County to expand into part of the former Chrysler supplier complex in Fenton instead ofmoving ... Read More

Stretches of the Missouri, Mississippi become part of Marine Highway

Two new interstate corridors have been named in Missouri, but don’t try driving on the M-70 and M-55 unless you want to get wet. More ... Read More

3M in Columbia to hire 120 employees

The Missouri Development Finance Board today approved an incentives package that will allow Columbia’s 3M plant to move forward with plans to add approximately 120 employees over the next three years. ... Read More

Four Missouri companies included in Fortune’s 100 Fastest-Growing Companies list

Four Missouri companies- Olin, Stifel Financial, Ralcorp Holdings, and Panera Bread are among the 100 Fastest Growing Companies according to Fortune. Olin (40th) was the top ranked Missouri company, followed by ... Read More

Downtown is becoming a tech hub

Once the heavy-duty electrical connections are completed, XIOLINK’s new headquarters will open as the latest example of information technology businesses that are expanding downtown. Relatively cheap electricity and the infrastructure needed ... Read More

LaBarge lands $5M Black Hawk deal

LaBarge Inc. said Thursday it won a $5 million contract from Sikorsky Aircraft Corp. to produce wiring harnesses for the HH-60M Medevac helicopter, which is part of the Black Hawk helicopter ... Read More

US 36 is four-lane all the way

Its official, this morning the final section of US Hwy 36 between Clarence and Shelbina opened to traffic, making the corridor a four-lane facility across the entire state of Missouri. The ... Read More

Missouri homebuyer closing costs among nation’s lowest

Homebuyers in Missouri pay some of the lowest closing costs in the United States, according to a study by Bankrate Inc. Missouri was 44th among 49 states, two California areas and ... Read More