Business News

According to NewGeography’s 2010 BestCities rankings, Missouri is home to many of the top cities for job growth in the country.

St. Joseph ranked 5th overall and among small cities. Columbia ranked 32nd overall and 23rd among small cities. Cape Girardeau ranked 57th overall and 40th among small cities. Jefferson City ranked 83rd overall and 61st among small cities.

Although not included in the top 100 overall, Joplin ranked 78th among small cities, and Springfield ranked 24th among medium sized cities.

Kansas City ranked 21st best large city for job growth out of 66 cities. St. Louis ranked 27th.

“Large” areas include those with a current nonfarm employment base of at least 450,000 jobs. “Midsize” areas range from 150,000 to 450,000 jobs. “Small” areas have as many as 150,000 jobs.

The index is calculated from a normalized, weighted summary of: 1) recent growth trend: the current and prior year’s employment growth rates, with the current year emphasized (two points); 2) mid-term growth: the average annual 2004-2009 growth rate (two points); 3) long-term trend and momentum: the sum of the 2004-2009 and 1999-2003 employment growth rates multiplied by the ratio of the 1999-2003 growth rate over the 2004-2009 growth rate (two points); and 4) current year growth (one point).

[NewGeography]

Alpla to open new manufacturing facility in St. Peters, Mo.

Alpla Inc., a privately held $3 billion manufacturer of plastic packaging solutions, has purchased an 83,485 square-foot industrial property at 9 Cermak Blvd. in St. Peters, Mo. Austrian-based Alpla is a ... Read More

$670M Mississippi River bridge breaks ground

U.S. Department of Transportation Secretary Ray LaHood visited St. Louis on Monday for the groundbreaking of the $670 million Mississippi River bridge project. The four-lane, cable-stayed bridge will connect St. Clair ... Read More

St. Louis County to open new life science incubator

St. Louis County sold $7 million in bonds Tuesday to build a new incubator in Creve Coeur and renovate existing ones. The new incubator, which will be adjacent from the Bio-Research ... Read More

Jet Midwest to touch down in Kansas City

Missouri Department of Economic Development (DED) Director David Kerr visited Kansas City International Airport (KCI) today and awarded nearly $7 million in state economic incentives to Jet Midwest Airlines, assisting the ... Read More

DED designates Kearney location as certified site

The Missouri Department of Economic Development (DED) announced today that a Kearney location has been designated as the state’s third Certified Site. Chosen by DED’s Certified Site team, the site will ... Read More

Gallagher North America moves headquarters to Kansas City

Gallagher North America Inc. has moved its U.S. headquarters from Sanford, Fla., to North Kansas City. The company, formerly Gallagher Security Management Systems, said in a release late Monday that the ... Read More

Sanofi expands diabetes efforts

French drug giant Sanofi-Aventis Thursday said it will further expand its diabetes business with an exclusive worldwide licensing deal with CureDM Group Holdings LLC for the U.S.-based biotech’s experimental treatment Pancreate. ... Read More

Baxter gets FDA’s green light for surgical sealant

Baxter International Inc. and Nycomed said Tuesday the Food and Drug Administration approved the surgical sealant TachoSil, which is used to control blood loss. TachoSil is manufactured and patented by Nycomed, ... Read More

Renault, Nissan, Daimler join to manufacture electric cars

A new partnership aimed at saving billions of dollars and accelerating sales of pollution-light electric cars was created by Renault, Nissan and Daimler, the companies announced on April 7. The companies ... Read More

Washington University brain center gets $3.8M

Washington University School of Medicine in St. Louis said Tuesday it landed a five-year, $3.8 million federal grant for a center that helps researchers collect and use data on the brain ... Read More