St. Louis Press Pass

by St. Louis Regional Chamber | Feb 12, 2016
St. Louis housing market had a strong 2015
(St. Louis Post-Dispatch, 2/12/16)
The St. Louis-area residential market included some minuses in 2015, but even they were pluses in what was a good year for homebuilders and sellers. >> CLICK FOR MORE
Midwest M&A hits a record, with multibillion-dollar deals
(St. Louis Business Journal, 2/8/16)
Mergers and acquisitions involving companies in Midwest states reached a record $374.3 billion in 2015, 62 percent higher than in 2014, Mergermarket reported. >> CLICK FOR MORE
Bull Moose acquires Iowa trailer company ahead of move to St. Louis
(St. Louis Business Journal, 2/10/16)
The company bought Iowa-based XL Specialized Trailers, a manufacturer of customized heavy-haul trailers that will become a wholly-owned subsidiary of Bull Moose. >> CLICK FOR MORE
Could St. Louis Be The Fashion Capital Of The Midwest?
(Not Just A Label, 2/11/16)
Is sleepy St. Louis waking up to revive its historic legacy in the US fashion industry and rival both NY and LA? >> CLICK FOR MORE
Centene Profit Continues to Grow With Membership
(Wall Street Journal, 2/9/16)
Centene Corp., a Medicaid-focused health insurer, reported its profit rose 5.7% in the final quarter of the year as a key measure of the company’s medical costs fell and the company boosted its number of managed care members, but it also lowered its guidance for the year. >> CLICK FOR MORE
With $18 billion in insurance policies, Northwestern Mutual agency expands
(St. Louis Business Journal, 2/12/16)
The Gross Financial Group, a part of Northwestern Mutual, has opened a fifth office and its second in Chesterfield, led by Doug Berry, a managing director. >> CLICK FOR MORE
Bursting: Moneta Group adds space, grows to $16.8 billion
(St. Louis Business Journal, 2/5/16)
​Moneta Group is moving part of its business and 55 of its 280 employees to 11,040 square feet at 1 N. Brentwood because it is bursting at the seams in its 47,700 square feet at nearby 100 S. Brentwood. >> CLICK FOR MORE
KPMG makes another tech investment in St. Louis
(St. Louis Business Journal, 2/8/16)
In September, KPMG Capital, the firm’s global investment fund, helped cybersecurity startup Norse Corp. raise $11.4 million. A month later, the firm announced it would be adding 175 new information technology jobs at its downtown St. Louis office>> CLICK FOR MORE
Maritz and Capital Innovators announce partnership
(St. Louis Public Radio, 2/8/16)
A long-time, St. Louis-based corporation and a local startup accelerator are teaming up. Maritz and Capital Innovators announced Monday that they will co-lease space in the innovation district Cortex as part of a four-year partnership. >> CLICK FOR MORE
Arch Angels, Cultivation help Galera Therapeutics raise $42 million
(St. Louis Business Journal, 2/5/16)
Galera Therapeutics, a cancer drug startup born out of research inDennis Riley’s lab at Monsanto Co., has raised $42 million from a group of investors led by San Francisco-based Novo Ventures. >> CLICK FOR MORE
6 startups get deals with Capital Innovators
(St. Louis Business Journal, 2/8/16)
St. Louis-based tech accelerator Capital Innovators announced six $50,000 investments for its portfolio Monday evening at the Cambridge Innovation Center in the Cortex innovation district. Among them are three St. Louis companies, one from Glen Carbon, Illinois, and two from the East Coast. >> CLICK FOR MORE
5 women-led startups brought into Prosper accelerator
(St. Louis Business Journal, 2/9/16)
Prosper Women Entrepreneurs has chosen five women-led startup companies as new participants in its accelerator program. >> CLICK FOR MORE
2 Canadian sports startups to move to St. Louis
(St. Louis Business Journal, 2/10/16)
​Two sports-related startups from Canada have plans to move some of their operations to St. Louis as they participate in Stadia Ventures’ Stadia Next program. >> CLICK FOR MORE
Recursive Labs is awarded co-browsing patent
(St. Louis Business Journal, 2/10/16)
The U.S. Patent and Trademark Office on Wednesday issued a patent to Recursive Labs, the St. Louis startup led by former senior Disney executive Bud Albers. >> CLICK FOR MORE
Barnes-Jewish Hospital opens new wing to test new care models
(St. Louis Post-Dispatch, 2/7/16)
A new 21-bed unit, focused on treating neurological patients, is serving as a way to test different methods of providing care and preparing patients for their return home. >> CLICK FOR MORE
Pharmaceutical company with Chesterfield presence makes $20 million acquisition
(St. Louis Business Journal, 2/9/16)
Flamel Technologies, a pharmaceutical drug discovery company based in France with its executive office in St. Louis, has agreed to acquire Charlotte-based specialty pharmaceutical company FSC Holdings LLC for $20.25 million. >> CLICK FOR MORE
Novel nanoparticle made of common mineral may help keep tumor growth at bay
(Science Daily, 2/2/16)
​Engineers at Washington University in St. Louis found a way to keep a cancerous tumor from growing by using nanoparticles of the main ingredient in common antacid tablets. >> CLICK FOR MORE
St. Louis agency studying the feasibility of health clinics at MetroLink stations
(St. Louis Post-Dispatch, 2/5/2016)
U.S. transit agencies are always on the lookout for new amenities or services that will help make passengers' daily commutes more convenient and comfortable — from free WiFi to bicycle-repair kiosks to coffee carts and food vendors. But in St. Louis, the parent company of Metro Transit is thinking along different lines: health care services. >> CLICK FOR MORE
SIUE International Trade Center helps Dupo industry go global
(Illinois Business Journal, 2/10/16)
For three decades, Progressive Recovery, Inc. in Dupo has been designing and manufacturing equipment to help customers recycle and process hazardous waste, but when it decided to pursue a global strategy, it turned to the International Trade Center at Southern Illinois University Edwardsville for assistance. >> CLICK FOR MORE
With new branches on board, Sunset Transportation revs up revenue
(St. Louis Business Journal, 2/5/16)
​Sunset Transportation executives have their sights set on the big target of $100 million in annual revenue. It may not happen next year, but the South County third-party logistics and freight payment service provider for domestic and international clients is driving in the right direction. >> CLICK FOR MORE
IDOT, Amtrak reach agreement on train service
(Illinois Business Journal, 2/8/16)
The Illinois Department of Transportation and Amtrak announced today that they have reached an agreement to keep in place existing service levels on state-supported routes at a savings to taxpayers and without having to raise fares on the downstate Illinois routes. >> CLICK FOR MORE
Construction starts on Kiener Plaza downtown
(St. Louis Post-Dispatch, 2/8/16)
Construction starts Monday on the $19 million revamp of Kiener Plaza, the city park just west of the Old Courthouse downtown. >> CLICK FOR MORE
Ameren to restart efficiency program
(St. Louis Post-Dispatch, 2/10/16)
Two months after the popular programs ended, Ameren Missouri will again offer rebates to help customers upgrade power-hungry appliances and building systems. >> CLICK FOR MORE
Washington University and United Way join forces on gun violence prevention
(The Source, 2/5/16)
Washington University in St. Louis and the United Way of Greater St. Louis have formed a joint partnership that aims to provide support and resources to local initiatives that are uniting in their efforts to combat gun violence in the region. >> CLICK FOR MORE
National arts funder gives good marks to St. Louis projects including Grand Center
(St. Louis Public Radio, 2/8/16)
St. Louis is on the right track, according to the head of the nation’s largest grant-making organization for the arts. Jane Chu, chairman of the National Endowment for the Arts, visited St. Louis Monday as part of a tour of NEA grant recipients. Her stops included the Grand Center Arts District, which has received two “Our Town” awards totaling $125,000 to help with plans to make the area more walkable and attractive. >> CLICK FOR MORE