Economic Development News
Monday, May 07 2018
Company Doubles Local Presence in Cortex
St. Louis, MO — Square, one of the nation’s fastest growing technology companies, is set to expand its office in the Cortex Innovation Community, adding approximately 300 new jobs.
“Square is proud to be from St. Louis and thrilled to expand our presence here, where we’ve exceeded our growth expectations thanks to the wealth of local talent,” Square Co-Founder & Director said Jim McKelvey said. “St. Louis is home to tens of thousands of Square sellers. We’re thankful for the support of our city and state partners in furthering their growth, and excited for what’s ahead.”
“We are thrilled that Square is rapidly expanding here in St. Louis,” St. Louis Mayor Lyda Krewson said. “Square is another company that is helping grow our tech sector, and I want to personally thank founder Jim McKelvey for doubling down on his hometown. With their second biggest office located right here, we look forward to Square continuing to grow with our diverse and talented workforce, affordable housing, and centrally-located space in Cortex, one of the nation’s leading innovation communities.”
Monday, February 19 2018
New 250,000-square-foot automotive manufacturing plant will bring 300 new jobs to the region
Blue Springs, MO — The Kansas City Area Development Council announced that Faurecia, a leading automotive technology company, will build a new $60 million, 250,000-square-foot interiors production facility in Blue Springs, Missouri, part of the Kansas City area. The company, a global leader in developing automotive seating, interior systems and clean mobility, will create 300 new jobs.
"Kansas City offers a strong competitive advantage to growing manufacturing operations, particularly in the automotive industry," said Tim Cowden, president and CEO, Kansas City Area Development Council. "We are very proud to welcome Faurecia to our robust automotive cluster and look forward to the company's success in our region.
Monday, February 05 2018
Springfield, MO -- Bluebird Underground, an underground data center management company, announced it is expanding in the Springfield Underground in Springfield, Missouri. The company will expand its footprint in the underground to more than 80,000 sq. ft. allowing them add a third two-megawatt generator, 14,000 more gallons of fuel storage and a second uninterruptible power supply system.
Springfield Underground also recently expanded with the opening of Building 19. The new 205,000-square-foot dry building brings the Underground’s total leasable space up to 2.5M sq. ft. and provides much needed speculative space for our region to market to prospects.
Tuesday, August 08 2017
Warrensburg, MO — Dollar Tree broke ground on their new 1.2 million sq. ft. distribution facility in Warrensburg, Missouri. The new facility was announced earlier this year, and represents more than $110 million in capital investment.
“Dollar Tree’s decision to grow its business in Missouri is great news for people in Warrensburg,” said Missouri Governor Eric Greitens, when the expansion was announced. “This new distribution center means hundreds of new quality jobs for families. We’re fighting to grow jobs every day, and we’re grateful to Dollar Tree for recognizing that Missouri is open for business and our people are ready to work.”
Gov. Nixon Announces CVS Pharmacy's Selection of Kansas City for its New Distribution Center and 360 New Jobs
Friday, December 16 2016
America’s leading retail pharmacy plans to open 762,000 sq. ft. center in 2018
Kansas City, MO -- Governor Jay Nixon today announced that major retailor CVS Pharmacy will build a new 762,000 sq. ft. distribution center in Kansas City, Mo, at the Skyport Industrial Park. The company’s expansion is expected to create more than 360 new jobs in the region.
“Missouri recently reached record employment, with more folks back at work in our state than ever before,” Gov. Nixon said. “Today’s announcement by CVS Pharmacy to create 360 new jobs in Kansas City will continue this momentum, and is great news for area families. Once again, Missouri has shown the nation that we are open for business with a strong and growing economy.”
Wednesday, August 31 2016
Jefferson City, MO -- Governor Nixon this evening announced another win for Missouri’s growing automotive industry. Dana Light Axle Products plans to expand its manufacturing plant in Columbia, where it currently produces parts for major OEMs including Ford, GM and Nissan. The company’s $39 million expansion is expected to create 135 new jobs over the next few years, as well as retain its current workforce of 90 team members.
“I appreciate Dana Light Axle Products’ significant expansion in Columbia, and its contribution to Missouri’s revitalized auto industry,” Gov. Nixon said. “The historic investments made by Ford and GM in Missouri continue to pave the way for auto suppliers to grow and succeed, creating jobs for hard working Missourians throughout the state.”
76 Entertainment CID Property Owners Vote to Fund Highway 76 Revitalization with 1% Sales Tax Inside the District
Wednesday, May 25 2016
Success Marks Second of Three Steps in the $80 Million Finance Plan
Branson, MO -- The City of Branson and 76 Entertainment CID stakeholders are pleased to announce a 94% victory approving a 1% sales tax that paves the way for the planned revitalization of Highway 76. The Taney County Clerk’s Office reported today that it has certified mail-in ballots from property owners in Phase 1A of the 76 Entertainment CID who voted to approve the sales tax. The retail sales tax is expected to produce approximately $400,000 annually and will help to support this very important initiative in Branson’s future, ultimately improving the visitor experience along Branson’s famous Highway 76.
Friday, April 15 2016
Howell County earns Certified Work Ready Community designation as retrofitting begins for new Greater Ozarks Center for Advanced Technology building
West Plains, MO -- The Missouri Department of Economic Development (DED) announced Howell County has achieved designation as a Certified Work Ready Community (CWRC). The ceremony was held at the location that will become Missouri State University-West Plains’ new Greater Ozarks Center for Advanced Technology (GOCAT).
Thursday, April 07 2016
Edgerton, KS -- Amazon.com, Inc. announced plans to open a state-of-the-art fulfillment center in Edgerton, Kansas. This facility will create approximately 1,000 full-time hourly positions, plus many managerial and support roles to support customer fulfillment. In Kansas, Amazon currently operates facilities in Lenexa.
“We’re excited to bring 1,000 great full-time jobs with benefits to the Kansas City region and proud to further invest in the state with this new fulfillment center,” said Akash Chauhan, Amazon’s vice president of North American operations. “We are grateful for the enthusiasm of our many state and local partners who have supported Amazon in bringing a new fulfillment center to Kansas. This has been a true team effort.”
Monday, April 04 2016
Grandview, MO -- Sika Global Automotive announces completion and opening of a 40,000 square foot expansion project at its Grandview, Missouri manufacturing facility. Additional space will allow more efficient supply base and logistic operations as well as enable the further addition of new technologies that will add to the supply base at the facility.
The expansion includes sustainability additions including motion controlled lighting and stable, climate controlled environments for material handling. A wire-guided pick and place system and associated equipment has been added for more efficient material management, and to take advantage of the smaller space requirements required introducing maximum density space utilization.
Thursday, February 04 2016
Copenhagen, Denmark-based Hartmann US will embark on $30 million-expansion and create 50 new jobs
Rolla, MO -- Weeks after meeting with company officials, Gov. Jay Nixon announced that Danish company Brodrene Hartmann A/S will open a $30 million-manufacturing facility in Rolla, creating 50 new jobs in the area. Brodrene Hartmann is the world’s leading manufacturer of molded-fiber egg packaging and one of the world’s largest manufacturers of machinery for producing molded-fiber packaging.
“Global companies know Missouri is a perfect place to reach key markets and grow their business,” Gov. Nixon said. “Missouri’s manufacturing industry contributes billions to our economy while providing good paying jobs for Missouri families. I’m proud to welcome this global leader to Missouri.”
Friday, September 25 2015
West Plains has been listed as among the top 20 places to start a business in Missouri by NerdWallet.com, a website that offers information on personal financial services.
West Plains was selected 19th out of 117 communities in Missouri as an ideal place to start a business, with most of the top selections located in the suburbs of the state’s biggest cities. NerdWallet based its findings on a city’s business climate and economic health using data from the U.S. Census Bureau. Only communities with a population of over 5,000 were evaluated, and communities with less than 500 businesses also were excluded.
Friday, April 24 2015
West Plains, MO -- West Plains may soon be the home for an Ad-vanced Manufacturing Training Center that could serve as one of the premier training facil-ities in the state.
Plans are underway for the creation of a Center that would provide training on traditional edu-cation and key technology skills that are in demand by manufacturers. The project is a joint effort between the South Central Career Center, Missouri State University-West Plains, and the City of West Plains, and we are cur-rently looking at the 16,000-square-foot City Scales Building near downtown to house the Center.