St. Louis Press Pass

by St. Louis Regional Chamber | Apr 15, 2016
St. Louis among Fed districts reporting 'sizeable' wage increase for key jobs
(St. Louis Post-Dispatch, 4/13/16)
The U.S. economy continued to expand from late February to early April and low unemployment appears to be spurring an uptick in wage growth, the Federal Reserve said on Wednesday. >> CLICK FOR MORE
The State of Small Business: Missouri
(Business Daily News, 4/13/16)
Business owners in Missouri cited the low cost of living, ample networking opportunities and a business-friendly environment as pluses of doing business in the state. Even some of the challenges, such as a low unemployment rate that is making it more difficult for entrepreneurs to hire, are indicative of a healthy economy. >> CLICK FOR MORE
Southwest Airlines expands at Lambert Airport
(St. Louis Business Journal, 4/11/16)
Lambert-St. Louis International Airport’s biggest airline carrier is expanding its presence in order to gear up for more flights. >> CLICK FOR MORE
Venture investments are down, but not in St. Louis
(St. Louis Post-Dispatch, 4/15/16)
Venture capital funds invested $54.4 million in Missouri companies between January and March, the highest first-quarter total since 2010. >> CLICK FOR MORE
Arch Grants joins push for increased MTC funding
(St. Louis Business Journal, 4/12/16)
Arch Grants, the St. Louis-based organization that has invested more than invested $4.2 million of non-equity grants into nearly 80 startups, has joined a coalition of St. Louis-area officials pushing for the state lawmakers to nearly double the amount of funding for the Missouri Technology Corp. (MTC). >> CLICK FOR MORE
SixThirty And St. Louis Recognized As Pioneering FinTech Community
(EQ, 4/6/16)
SixThirty and St. Louis were recently recognized by Village Capital and VilCap Communities as a pioneering start-up community for our competitive advantage and work in FinTech. >> CLICK FOR MORE
Google, Apple and this St. Louis startup are tops in indoor mapping industry
(St. Louis Business Journal, 4/13/16)
Google. Apple. And St. Louis-based startup Aisle411. Those are the three most innovative companies in indoor location, analytics and advertising in the retail industry, according ABI Research’s Location Technologies Service. >> CLICK FOR MORE
St. Louis University Hospital set to begin first major construction project in decades
(St. Louis Post-Dispatch, 4/11/16)
This week St. Louis University Hospital will break ground on a new center to treat complex cancers, and it will be the first major construction project to take place on the hospital's campus since 1985. >> CLICK FOR MORE
 
OSF HealthCare invests in St. Louis medical device startup
(St. Louis Business Journal, 4/13/16)
OSF HealthCare, a Catholic health care organization based out of Peoria, Illinois, has launched a new $75 million venture capital arm called OSF Ventures. >> CLICK FOR MORE
Danforth Plant Science Center’s $45 million expansion opens 
(St. Louis Business Journal, 4/15/16)
For Dr. Bill Danforth, the recent $45 million expansion named after him at the Donald Danforth Plant Science Center helps make St. Louis the global hub of life science research. >> CLICK FOR MORE
Lee Biosolutions makes first deal
(St. Louis Business Journal, 4/8/16)
Lee Biosolutions has made its first acquisition, buying the product line and intellectual property of Indianapolis-based Creative Laboratory Products Inc. >> CLICK FOR MORE
Westar Said to Get Bid Interest From Ameren, Canadian Funds
(Bloomberg, 4/8/16)
Westar Energy Inc., the biggest electric utility in Kansas, has drawn takeover interest from rival Ameren Corp. as well as an investor consortium that includes Borealis Infrastructure Management Inc. and the Canada Pension Plan Investment Board, according to people familiar with the matter. >> CLICK FOR MORE
Ameren training new generation of smart workers
(Illinois Business Journal, 4/12/16)
The smart grid is the next generation of technology keeping the lights on in Illinois homes and businesses, and many of the next generation of crewmen to service it are coming out of training facilities in Belleville. >> CLICK FOR MORE
Capitol Land adding 120 acres in Glen Carbon
(St. Louis Business Journal, 4/8/16)
The developer behind Edwardsville Crossing, one of the largest retail projects in Edwardsville, now has another 120 acres under contract in neighboring Glen Carbon. >> CLICK FOR MORE
Prairie Farms' move begins to take shape
(The Edwardsville Intelligencer, 4/2/16)
The city of Edwardsville has started taking the necessary steps to facilitate the move of Prairie Farms Dairy to town. >> CLICK FOR MORE
KWAME/HR Green Joint Venture Team Begins Airfield Improvement Project at Lambert-St. Louis International Airport
(St. Louis CNR, 4/11/16)
A joint venture team of Kwame Building Group, Inc. and HR Green (KWAME/HR Green) has begun work on a $7 million taxiway reconstruction project at Lambert-St. Louis International Airport. >> CLICK FOR MORE
New designs filed for $4 million Chapman Plaza at Shaw Park
(St. Louis Business Journal, 4/11/16)
Chapman Plaza architect SWT Design has released new renderings of the project that is slated to be built at the north entrance to Shaw Park in Clayton. >> CLICK FOR MORE
Hicor Group to invest $1 million in new Grand Center HQ
(St. Louis Business Journal, 4/12/16)
Officials with The Hicor Group, a subsidiary of St. Louis-based Chameleon Integrated Services, said they plan to invest more than $1 million to redevelop a 7,000-square-foot building in Grand Center that will serve as the company’s new headquarters. >> CLICK FOR MORE
More businesses join push to defeat ‘religious freedom’ bill
(St. Louis Business Journal, 4/12/16)
Missouri Competes, a group organized in part by the St. Louis Regional Chamber, on Tuesday unveiled a variety of businesses and organizations that oppose the state’s so-called “religious freedom” resolution. >> CLICK FOR MORE
SJR 39 will hurt Missourians and Missouri companies
(St. Louis Post-Dispatch, 4/12/16)
As business leaders proud to operate in the Show-Me State, we know the importance of promoting a diverse, inclusive and equitable workplace. In the global competition for talent, the success of our companies is heavily based on our ability to attract and retain the best and most diverse group of highly skilled workers, regardless of religion, race, gender or sexual orientation. >> CLICK FOR MORE
CIC Announces Kim Plank As General Manager
(EQ, 4/11/16)
CIC St. Louis announced today that Kim Plank will become its new St. Louis general manager replacing Dougan Sherwood, founder and managing director of CIC St. Louis. >> CLICK FOR MORE
Centene to host grand opening for Ferguson Service Center
(St. Louis Public Radio, 4/14/16)
Less than one month after the shooting death of Michael Brown and the protests that immediately followed, Centene Corporation made a commitment to Ferguson. >> CLICK FOR MORE
City, County pledge nearly $2M to Concordance Academy
(St. Louis American, 4/11/16)
Eighty-three percent of Missouri prisoners released to the community struggle with substance abuse; 72 percent will not find a full-time job; and 48 percent without a GED return to prison within two years. >> CLICK FOR MORE