St. Louis Press Pass

by Gary Broome | Jun 12, 2015
New St. Louis dental clinic looks to close gaps in coverage
(St. Louis Post-Dispatch, 6/10/15)
The city of St. Louis hasn’t had a general dental school in nearly 25 years, and it shows. Too few dentists and lack of access have contributed to a measurable decline in dental health for many of the region’s residents. Organizers of a $23 million dental clinic near Lafayette Square, which opens Monday, hope to reverse that trend. >> CLICK FOR MORE
Kander portrays himself as business-friendly as he takes aim at Obama, Brownback
(KBIA, 6/12/15)
Missouri Secretary of State Jason Kander, a Democrat running for the U.S. Senate, has adopted one of the GOP’s favorite words – “overreach” – as he attacks President Barack Obama’s habit of using executive orders and rule changes to implement his policies. Kander’s prime pitch Thursday to the St. Louis Chamber was that the White House was too dependent, in his view, on using executive orders and rule changes to circumvent the Republicans who control Congress.>> CLICK FOR MORE
Democrat Kander chides Democrat Obama on business regulations
(St. Louis Post-Dispatch, 6/11/15)
In a move that should surprise no one familiar with Missouri politics these days, Secretary of State Jason Kander, a Democratic candidate for the U.S. Senate next year, used a business luncheon today to distance himself from President Barack Obama. Speaking to a gathering of the St. Louis Regional Chamber, Kander cited the Obama Administration's “aggressive use of rulemaking authority” as a key problem for Missouri businesses. >> CLICK FOR MORE
World Wide Technology acquires Asynchrony
(The St. Louis American, 6/8/15)
St. Louis-based World Wide Technology has acquired local software company Asynchrony. WWT is a systems integrator that has 3,500 employees and had nearly $7 billion in revenue last year. Asynchrony, which is based in downtown St. Louis, has about 250 employees and will do about $40 million in revenue this year.  >> CLICK FOR MORE
Foundation endows millions to STL institutions
(KSDK, 6/10/15)
The Jack C. Taylor family endowed millions to cultural, educational and historic organizations Wednesday. Forest Park Forever and the Opera Theatre of St. Louis were two of the beneficiaries of the generous gifts totaling $92.5 million.  >> CLICK FOR MORE
St. Louis Attracts Third Israeli Agtech Company in Seven Months  
(Techli St. Louis, 6/9/15)
BioSTL, the St. Louis organization advancing regional prosperity by cultivating the bioscience and innovation ecosystem, announced that Israeli agtech company Forrest Innovations has selected St. Louis as the location of its U.S. headquarters. The company’s decision represents the third success in seven months for BioSTL’s initiative targeting Israeli companies for recruitment.>> CLICK FOR MORE
Stifel to buy Barclays' U.S. wealth management ops
(Market Watch, 6/8/15)
Stifel Financial Corp. agreed to acquire Barclays PLC's U.S. wealth and investment management unit, adding to a string of recent acquisitions. Financial terms of the deal weren't provided in Monday's news release.  >> CLICK FOR MORE
SSM looks to St. Louis University Hospital to boost brand power
(St. Louis Post-Dispatch, 6/7/15)
SSM Health, the region’s second-largest hospital operator, is poised to transform itself when it takes over St. Louis University Hospital later this year. Though modest in size, the 365-bed facility is an academic medical center, with the capability to treat complex diseases that SSM currently can’t handle at its network of community hospitals. >> CLICK FOR MORE
Monsanto says it won't leave St. Louis, even if its legal headquarters does
(St. Louis Post-Dispatch, 6/9/15)
Monsanto may be looking to move its legal headquarters to another country, but the company insisted Tuesday its St. Louis operations are staying right where they are. Any move, the company says, is little more than a technicality born out of its efforts to acquire Swiss rival Syngenta.>> CLICK FOR MORE

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Glassdoor: Monsanto CEO Hugh Grant Named a Highest-Rated CEO
(KMOX, 6/10/15)
Monsanto Chairman and CEO Hugh Grant has been recognized as a 2015 Glassdoor Highest Rated CEO, according to a news release. Glassdoor, a jobs and careers online community, released its annual report highlighting the Highest Rated CEOs, recognizing top leaders in countries throughout North America and parts of Europe.  >> CLICK FOR MORE
Development occurring throughout Southwestern Illinois
(Illinois Business Journal, 6/15)
While major projects like the Stan Musial Veterans Memorial Bridge have been completed, new developments are going on throughout Southwestern Illinois. Here is a review of just some of the projects recently finished, currently underway or set to begin later this year.  >> CLICK FOR MORE
MCT finishes latest segment of 128-mile bike trail system
(Illinois Business Journal, 6/15)
The Madison County Transit District cut the ribbon last month on its newest bike trail project, the reconstruction of the 12.23-mile MCT Ronald J. Foster Heritage Trail in Glen Carbon. Originally developed and owned by the Village of Glen Carbon, ownership was transferred to MCT in June 2012. In addition to grading, paving, signing and striping the trail, MCT also made critical repairs to 12 bridges and three tunnels.  >> CLICK FOR MORE
Collinsville sees light at end of roads  
(Illinois Business Journal, 6/15)
The city is nearing the end of the road on two projects that at times have seemed more like obstacle courses. In coming months, work will be done on both the Summit Avenue Bridge project and the Illinois Route 159 reconstruction, and that will be cause for celebration, city officials say.>> CLICK FOR MORE
Construction underway on Visionary Wealth office building
(Illinois Business Journal, 6/15)
Visionary Wealth Advisors, a wealth management firm founded in Edwardsville just over a year ago, recently broke ground on a 65,000-square-foot office building at 1405 Green Mount Road in O'Fallon, Ill. The building will have five floors, and most of the fifth floor will become Visionary Wealth Advisor's O'Fallon office. >> CLICK FOR MORE
Eastport surge continues with planned new buildings
(Illinois Business Journal, 6/15)
Spec buildings that disappeared from the Southwestern Illinois horizon in recent years are making a comeback, with several large projects in Collinsville among them. Ben Cahill, vice president of brokerage services for The Maune Co., says his St. Louis-based company will break ground in June on a $4.3 million, 53,000-square-foot, “semispec” building that could house as many as 10 tenants, at 1607 Eastport Drive in the Eastport Plaza area. Semispec means some tenants are already assured, while others will be sought. >> CLICK FOR MORE
Startup Voodoo: Top 3 Finalists ‘Most Promising’ Announced
(Techli, 6/9/15)
On June 18, 2015 at Hotel Lumiere in downtown St. Louis, Startup Voodoo will hold its 2nd annual Innovation Conference.
Part of the conference is the ‘Most Promising‘ competition, wherein startups from around the Midwest apply to win a prize package valued at $10,000.
>> CLICK FOR MORE
St. Louis County begins its summer food program, plans to feed 1,000 kids a day at peak
(The St. Louis American, 6/5/15)
The St. Louis County Department of Human Services has launched the yearly Summer Food Program. Because of an increased capacity, the program will be able to serve breakfast and lunch to twice as many students as last year. The program runs from June 1st and will last until school is back in session in August. The Summer Food program provides meals to students through qualified partner agencies like churches, day camps and community centers.>> CLICK FOR MORE
Lighthouse for the Blind buys Illinois adhesive business
(St. Louis Business Journal, 6/8/15)
The Lighthouse for the Blind-Saint Louis, a not-for-profit manufacturing and packaging services organization, has acquired the assets of Val-A Chicago Inc., maker of the Tear Mender brand of adhesives and sealants. Officials with Lighthouse for the Blind-Saint Louis, also known as LHB Industries Inc., said the deal closed Friday; terms were not disclosed. Elmhurst, Illinois-based Val-A Chicago Inc., founded in 1932 by Val Cismoski, was owned by members of the Cismoski family. Its all-natural adhesive and sealants are used for repairing clothing, synthetic fabrics, footwear, upholstery, vinyl and other items. The Tear Mender line is sold through Ace Hardware, Wal-Mart, Amazon.com and other retailers.>> CLICK FOR MORE
New trade board, bridge part of county’s strategic plan
(Illinois Business Journal, 6/15)
Madison County’s economic development head has been busy making the rounds, lining up support from mayors, businessmen, educators and others for an ambitious plan for regional growth. The particulars are contained in a 19-page document presented to county officials back in March, and they address issues from barge trade to tourism. Some of the strategy involves necessary, out-of-the-box thinking, Frank Miles said. >> CLICK FOR MORE
Six Madison County communities recommended for infrastructure grants
(Illinois Business Journal, 6/15)
The Madison County Grants Committee has unanimously approved sending to the Madison County Board a resolution calling for $600,000 worth of Community Development Block Grants for infrastructure projects in six municipalities. The County Board will take up the resolution at its June 17 meeting and is likely to follow the recommendation.  >> CLICK FOR MORE
AFL-CIO Funds Two Housing Developments
(Construction Forum St. Louis, 6/10/15)
The AFL-CIO Housing Investment Trust (HIT) announced June 9 that it is providing $46 million in financing for two multifamily developments in the greater St. Louis area. Cardinal Ritter Senior Services’ St. John Neumann Apartments in Jennings, Missouri, and The Heights at Manhasset Apartments in Richmond Heights, Missouri, will provide 381 units of multifamily housing. >> CLICK FOR MORE
Forum Announces Events, Awards
(Construction Forum St. Louis, 6/9/15)
Construction Forum STL has announced its next two quarterly speaker/networking events and unveiled a new awards program. The awards program was officially presented Monday to the Forum’s board of advisors. >> CLICK FOR MORE
East St. Louis Schools to receive $1.7 million to fund 200 AmeriCorps members
(The St. Louis American, 6/10/15)
East St. Louis will be one of 10 communities nationwide to become part of the new Operation AmeriCorps initiative, according to an announcement today by the Corporation for National and Community Service, the federal agency that administers AmeriCorps.  >> CLICK FOR MORE
St. Louis City Kindergarteners to Receive $50 Savings Accounts
(KMOX, 6/10/15)
St. Louis Treasurer Tishaura Jones announced that this fall every kindergartener in a St. Louis city public or charter school with receives a $50 saving account. She was on stage Tuesday with former president Bill Clinton during the fifth annual Clinton Global Initiative in Denver, Col. A joint commitment was made to open 1.4 million college savings accounts for children, meant to be used for future college tuition.  >> CLICK FOR MORE
Jacoby partnering with food purveyors during Summer Music Series
(Illlinois Business Journal, 6/15)
The Jacoby Arts Center is launching a Summer Music Series to showcase the diversity and range of regional talent starting on Friday, June 12. The doors will open at 7:30 pm, with the performance set to begin at 8 p.m. "A terrific new feature of Jacoby Arts Center's Cabaret will be partnerships with local chefs, bakers and food purveyors with their delicious specialties," said Denny Scarborough, Jacoby's president. "The series will make Jacoby an exciting place to gather with friends and listen to live music on Friday nights."  >> CLICK FOR MORE
National Housing Market Highest in 9 Years
(KMOX, 6/4/15)
This year’s strong numbers for home sales in the St. Louis area has continued through the spring.
Coldwell Banker Gundaker President Jim Dohr says more contracts were signed on homes in the local market in May than anytime in the last two years.  
>> CLICK FOR MORE
SunEdison's TerraForm plans $150 million debt offering
(St. Louis Business Journal, 6/8/15)
TerraForm Power Inc., SunEdison Inc.’s yieldco that helps SunEdison develop projects, said Monday that an indirect subsidiary plans to offer up to $150 million in senior debt to repay borrowings under its revolving credit facility. The subsidiary, TerraForm Power Operating LLC, plans to offer the 5.875 percent senior notes due 2023 in a private transaction. The notes will be issued under the same indenture as $800 million of the notes issued Jan. 28, officials said.  >> CLICK FOR MORE
Foundation distributes grants for Ferguson-related programs
(St. Louis Business Journal, 6/9/15)
Greater Saint Louis Community Foundation has given 11 organizations nearly $40,000 total in the first round of grants in its Come Together Ferguson initiative. An anonymous donor stipulated that the funds be awarded by an advisory committee composed of educators, residents, members of the clergy and business owners who have direct ties to Ferguson. Missouri State Highway Patrol Capt. Ron Johnson, a north St. Louis County resident, is one of eight advisory committee members.>> CLICK FOR MORE
InspireSTL celebrates graduation
(The St. Louis American, 6/10/15)
The Jaques Clinton, a recent Cardinal Ritter College Prep graduate, spoke to The St. Louis American from the hospital waiting room on June 9, while his aunt underwent breast cancer surgery. >> CLICK FOR MORE
St. Louis attraction named one of America’s ‘Coolest Urban Spaces’  
(St. Louis Business Journal, 6/10/15)
Thrillist, the food and drink website famous for its lists and rankings, just released a list of ‘The Coolest Urban Spaces in America,’ and a St. Louis attraction made the list. Citygarden, located in downtown St. Louis and spanning between Eighth and 10th streets to the east and west, and Chestnut and Market streets from north to south, is featured on the unranked list. >> CLICK FOR MORE
1,000-foot slide coming to St. Louis, food banks to benefit  
(Illinois Business Journal, 6/15)
Winter is finally over and on July 11 and 12 Slide the City is bringing a 1,000-foot slide to downtown St. Louis.
"We spend so much time walking, running, or driving around our cities," said co-founder TR Gourley. "But how many times have you been able to say you slid down your city streets?" 
>> CLICK FOR MORE
In the bag: 'Power of Purse' raises $12,000 for charity
(Illinois Business Journal, 6/15)
Nearly 200 women demonstrated their generosity at United Way’s Southwest Illinois Division inaugural Power of the Purse event by raising $12,083 to help local people. The event featuring a silent and live purse auction took place on Thursday, June 4, at Lewis and Clark Community College's N.O. Nelson Campus in Edwardsville.>> CLICK FOR MORE
Jazz Edge Big Band honors local legends at Touhill
(The St. Louis American, 6/10/15)
The Jazz Edge Big Band will once again offer a glimpse into the rich history of St. Louis horn masters next weekend.
In the same spirit of their tribute to St. Louis trumpeters that featured future icons Keyon Harrold and Russell Gunn, The Jazz Edge will pay homage to the St. Louis saxophone legends like Oliver Nelson, Jimmy Forrest and David Sanborn and others. 
>> CLICK FOR MORE