St. Louis Press Pass

by St. Louis Regional Chamber | Jul 08, 2016
Massive projects tied to Amazon, General Motors drive $300 million in development
(St. Louis Business Journal, 7/1/16)
When Amazon moves into two new industrial warehouse facilities in Edwardsville later this fall, it will do so with a motorcade of about 65 semi-trucks — each full of racking and robotics needed for the retail behemoth to open its distribution facilities that total 1.5 million square feet. >> CLICK FOR MORE
World Trade Center Announces Export Plan & $125,000 In Additional Accelerate St. Louis Grants
(EQ, 6/28/16)
Today, World Trade Center St. Louis is releasing a regional export plan that assesses the current export climate of St. Louis, sets goals for increasing exports and lays out a detailed implementation plan that local business, civic and government leaders will follow to promote St. Louis’ growth. >> CLICK FOR MORE
Regions Bank and Regional Chamber bring free help for small urban businesses
(The St. Louis American, 7/7/16)
Regions Bank and The St. Louis Regional Chamber have partnered to bring the Inner City Capital Connections program to St. Louis. >> CLICK FOR MORE
St. Louis unemployment is lowest since 2001
(St. Louis Post-Dispatch, 6/30/16)
The rate, which is seasonally adjusted by the Federal Reserve Bank of St. Louis, had been at 4.9 percent in April. St. Louis' jobless rate has now been below the national unemployment rate, which was 4.7 percent in May, for a full year. >> CLICK FOR MORE
Pent-up demand and low mortgage rates lift St. Louis housing market
(St. Louis Post-Dispatch, 7/4/16)
Summer is here, and the St. Louis housing market is bopping along at a brisk pace. >> CLICK FOR MORE
MOHELA to hire 365
(St. Louis Business Journal, 7/5/16)
The Missouri Higher Education Loan Authority (MOHELA) said Tuesday it will add 365 jobs in St. Louis and Columbia, Missouri, by November. >> CLICK FOR MORE
$23 million scoreboard maker moving 50 jobs to Hazelwood
(St. Louis Business Journal, 7/8/16)
Scoreboard maker Trans-Lux Corp. is relocating its Iowa manufacturing operations to the St. Louis area, bringing with it about 50 jobs. >> CLICK FOR MORE
New USA Mortgage Office in O’Fallon eyeing $100 million in loan volume by end of 2017
(Illinois Business Journal, 7/2016)
The largest private mortgage bank and mortgage lender in metro St. Louis, DAS Acquisition Company, LLC, has opened a new six-person USA Mortgage office at 791 Wall St. in O’Fallon, Ill. >> CLICK FOR MORE
Frustrated in acquiring, Midwest BankCentre starts its own insurance agency
(St. Louis Business Journal, 6/30/16)
After trying for two years to buy an insurance agency, Midwest BankCentre is starting its own. >> CLICK FOR MORE
LaunchCode expanding to Seattle, Portland
(KSDK, 6/28/16)
A St. Louis-based nonprofit that helps people with non-traditional backgrounds land tech jobs is expanding to the Pacific Northwest. The expansion is made possible by a pair of grants from the U.S. Department of Labor totaling $7.8 million. >> CLICK FOR MORE
Capital Innovators among best accelerators for attracting venture capital
(St. Louis Business Journal, 7/7/16)
Just two Silicon Valley startup accelerators — Alchemist Accelerator and Y Combinator — are better options than St. Louis-based Capital Innovators for aspiring startups hoping to raise venture capital. >> CLICK FOR MORE
Boeing establishes new facility to continue autonomous drone technology
(The Daily Caller, 7/6/16)
Boeing is now testing interconnected drones that take the human out of the loop and work together on a network. The aerospace company opened the Collaborative Autonomous Systems Laboratory, or CASL, last week and already have a colloquial name for it: “The Castle.” >> CLICK FOR MORE
GlobalHack Partners With St. Patrick Center For $1 Million Hackathon
(EQ, 6/28/16)
GlobalHack VI announced today that it’s partnering with St. Patrick Center for the $1 Million Hackathon set for the weekend of October 21-23. Participants will compete to produce technology solutions to prevent and end homelessness. >> CLICK FOR MORE
Downtown officials plan startup-themed ‘Innovation Plaza’
(St. Louis Business Journal. 7/1/16)
As part of an effort to emphasize the city of St. Louis’ burgeoning startup community, local officials have started planning an Innovation Plaza in the heart of the city’s Central Business District. >> CLICK FOR MORE
SciTech Now | Episode 217 | IDEA Labs featuring UroStat
(The Nine Network, 6/28/16)
Medical, engineering and business students, from undergrads to post docs, are teaming up to create products that address health care and medical needs. IDEA Labs was started by Washington University and is spreading to other cities. >> CLICK FOR MORE
BJC partners with HealthSouth on rehab hospital
(St. Louis Business Journal, 7/5/16)
BJC HealthCare and HealthSouth Corp., an Alabama-based owner and operator of inpatient rehabilitation hospitals, said Tuesday they have filed a Certificate of Need application with Missouri regulators to build a 35-bed hospital inside BJC's Barnes-Jewish St. Peters Hospital. >> CLICK FOR MORE
$5.1 million aimed at preventing superbugs, infections in health-care settings
(The Source, 6/27/16)
Buoyed by a $5.1 million grant, researchers at Washington University School of Medicine in St. Louis will study novel strategies to reduce infections acquired in health-care settings and to limit the spread of dangerous antibiotic-resistant bacteria. >> CLICK FOR MORE
Research roundup: Here’s how local scientists are helping the fight against Zika
(St. Louis Public Radio, 7/4/16)
From bioengineered mosquitoes to a $5,000 seed grant, researchers in Missouri and southern Illinois are joining an international effort to stop the Zika virus. >> CLICK FOR MORE
Kaiima Bio-Agritech Expands St. Louis, Missouri, Facility
(Area Development News, 6/27/16)
A plant genetics and technology company, Kaiima Bio-Agritech Ltd. opened its new, expanded facilities in St. Louis, Missouri. The facility is located in the Helix Center Biotech Incubator in St. Louis County, which is owned and operated by the St. Louis Economic Development Partnership. >> CLICK FOR MORE
Sigma-Aldrich looks to add 100 jobs in city after $10 million renovation
(St. Louis Business Journal, 6/28/16)
Merck KGaA-owned Sigma-Aldrich is seeking to redevelop part of the life science company’s city of St. Louis headquarters. >> CLICK FOR MORE
(St. Louis Economic Development Partnership, 6/28/16)
Gov. Jay Nixon today helped officials from global manufacturer SKF cut the ribbon on its newly completed, state-of-the-art manufacturing facility for industrial lubrication systems in NorthPark, in St. Louis County. The company’s $34.2 million investment is expected to create more than 70 new jobs for the area and retain more than 300 workers. >> CLICK FOR MORE
Graybar Announces Acquisition of Cape Electrical Supply
(Visual Strategy Magazine, 6/30/16)
Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, today announced that it has entered into an agreement to acquire Cape Electrical Supply. The transaction is scheduled to close on July 1, 2016. >> CLICK FOR MORE
A growing region, right here in Southwestern Illinois
(Advantage news, 6/21/16)
A recent article published in the Inbound Logistics trade publication, titled “Meet me in St. Louis,” highlighted many multi-modal assets in the St. Louis metropolitan region, including both Missouri and Illinois. >> CLICK FOR MORE
Adams signs new 3-year contract as city schools superintendent
(St. Louis Public Radio, 7/5/16)
St. Louis School Superintendent Kelvin Adams has signed a contract to stay on the job for another three years. >> CLICK FOR MORE
Lumière Place to launch $12 million hotel renovation
(St. Louis Business Journal, 7/7/16)
A $12 million renovation is planned for HoteLumière at Lumière Place Casino & Hotels downtown. >> CLICK FOR MORE
Entertainment 'destination' planned for old St. Louis Armory
(St. Louis Post-Dispatch, 7/1/16)
A developer plans to overhaul the vacant 1930s Armory in Midtown St. Louis as an entertainment venue that would complement a nearby renovation project. >> CLICK FOR MORE
Wexford’s Cortex development could speed up after acquisition
(St. Louis Business Journal, 7/6/16)
Wexford Science & Technology’s next development in the Cortex innovation district — a $140 million multi-building, mixed-use project that is expected to be anchored by Microsoft — could speed up following Wexford’s deal to be acquired by Ventas Inc. >> CLICK FOR MORE
McBride moving forward with $68 million Maryland Heights development
(St. Louis Business Journal, 6/24/16)
McBride & Son Homes, the region’s largest homebuilder, is moving forward with a 35-acre development in Maryland Heights. >> CLICK FOR MORE
St. Louis Mulls Multiple Light-Rail Extensions
(Next City, 6/28/16)
The International Railway Journal reports that St. Louis County Executive Steve Stenger will commission three feasibility studies of possible extensions for MetroLink, the light-rail system serving St. Louis and its suburbs in Missouri and Illinois. >> CLICK FOR MORE
Plans Underway For New I-270 Bridge Over Mississippi River
(CBS St. Louis, 6/30/16)
Plans to replace the I-270 Chain of Rocks bridge over the Mississippi River are in the very early stages. >> CLICK FOR MORE
Jack Taylor, Founder of Enterprise Rent-A-Car, Dies at 94
(The New York Times, 7/3/16)
Jack C. Taylor was a young salesman at a St. Louis Cadillac dealership in 1957 when he became intrigued by the relatively new practice of automobile leasing. “You’ve been looking for someone to start the leasing business,” he told his boss. “I’d like to do it.” >> CLICK FOR MORE
CEOs Sometimes Use Small Changes as Wedge for Broad Transformation
(The Wall Street Journal, 7/5/16)
Suzanne Sitherwood had ambitious plans for Laclede Group Inc. after she took command of the public-utility holding company in 2012. Yet her overhaul of the slow-growing business began with the small matter of interior decorating. >> CLICK FOR MORE
O’Fallon Chooses New Economic Development Director
(70 West Sentinel, 7/5/16)
Mayor Bill Hennessy and O’Fallon City Administrator Bonnie Therrien announced the hiring of Patrick McKeehan as the City’s new Economic Development Director. >> CLICK FOR MORE
Man who worked to keep NGA in St. Louis wins Levee Stone Award for contributions to downtown
(St. Louis Post-Dispatch, 6/27/16)
Otis Williams, a key player in the successful effort to keep the NGA in St. Louis, is the winner of this year's John Poelker Levee Stone Award. >> CLICK FOR MORE
In Search of the Felon-Friendly Workplace
(The New York Times, 6/25/16)
Rick Plowman’s business, installing suspended ceilings in offices, schools and hotels, could use new blood. But hiring is tough, he tells the man sitting in his office. The 20-somethings he sees haven’t had the work ethic, haven’t had the hustle. >> CLICK FOR MORE
Outside or inside, St. Louis is true family destination
(The Tennessean, 6/25/16)
From outdoor exploration to indoor enrichment, sports teams to sidewalk cafes, St. Louis offers a host of activities the entire family can enjoy, all fewer than five hours away from Nashville. Located along the Mississippi River, the city comprises 79 distinct neighborhoods spread across nearly 66 square miles. >> CLICK FOR MORE
Baseball serves as gateway to St. Louis for refugee
(St. Louis Post-Dispatch, 7/3/16)
The Cardinals unite St. Louis, but for many who came here from other countries, baseball helped them learn America and feel American. Each Sunday this July, columnist Benjamin Hochman will capture the story of a new St. Louisan, who now bleeds Cardinals red. >> CLICK FOR MORE