• St. Louis Press Pass

    Apr 01, 2016
    St. Louis among most cost-competitive cities for business, report says
    (St. Louis Post-Dispatch, 3/30/16)
    St. Louis is among the top 10 most cost-friendly cities to do business in the country, according to a study by audit, tax and advisory firm KPMG. >> CLICK FOR MORE
     
    St. Louis is ranked 9th in the study and has the lowest electricity cost and effective corporate income tax rate.
    US Spy Agency Selects St. Louis Location Over Illinois
    (The New York Times, 3/31/16)
    A U.S. spy agency seeking a new $1.6 billion home for its western regional headquarters expects to remain in St. Louis rather than move to the city's Illinois suburbs. >> CLICK FOR MORE
    NGA: north St. Louis 'preferred' site for new facility
    (St. Louis Public Radio, 3/31/16)
    The city of St. Louis chalked up a big win, likely beating out St. Clair County for a federal spy agency. >> CLICK FOR MORE
    Federal spending in Missouri equivalent of more than a fifth of economy
    (St. Louis Post-Dispatch, 3/28/16)
    Federal spending in Missouri in 2014 was the equivalent of 22.8 percent of the state’s economy, tying it with Rhode Island for 18th nationally among the states. >> CLICK FOR MORE
    After 8 years, St. Louis can celebrate a jobs recovery. Sort of.
    (St. Louis Post-Dispatch, 3/28/16)
    Send up the fireworks. Ring the bells. At long last, the St. Louis metro area has recovered from the Great Recession of 2007-2009. >> CLICK FOR MORE
    Non-profit luring small businesses to St. Louis to boost economy
    (KTVI, 3/28/16)
    Young entrepreneurs are settling in St. Louis at a rapid rate, starting or expanding their respective businesses. They’re attracted to the Gateway City because of its growing reputation for being the gateway to resources that can help small companies. >> CLICK FOR MORE
    T-REX hopes to raise $8 million for expansion efforts
    (St. Louis Business Journal, 3/30/16)
    The Downtown T-REX incubator, home to more than 100 startup companies and considered one of the main hubs for innovation in St. Louis, is looking to raise $8 million over the next 18 months to help build out office space on its second, third and fourth floors. >> CLICK FOR MORE
    Swansea firm aims to be at center of the gig economy
    (St. Louis Post-Dispatch, 3/20/16)
    On the outside, the low-rise brick building in Swansea looks like its suburban neighbors that house banks, lawyers and accountants. Step inside, though, and you’re clearly in startup land. Life-size “Simpsons” characters decorate one corridor. Beer taps and a massage room might be common in Silicon Valley, but not in a Metro East office park. >> CLICK FOR MORE
    Pacidose Inventor Places Third in National InnovateHER Competition
    (Riverbender, 3/25/16)
    Dr. Agnes Scoville, winner of last year’s Southern Illinois University Edwardsville Metro East Start-Up Challenge, captured third place in the U.S. Small Business Administration’s InnovateHER Business Challenge. >> CLICK FOR MORE
    Local company sterilizing mosquitoes to fight Zika virus
    (St. Louis Post-Dispatch, 3/15/16)
    The battle against the Zika virus, which can cause birth defects and paralysis, has been taken to the source. >> CLICK FOR MORE
    Centene acquires another property ahead of new Clayton tower
    (St. Louis Business Journal, 3/31/16)
    Centene Corp. is continuing its buying spree in Clayton ahead of plans for a new tower there. >> CLICK FOR MORE
    Boeing’s St. Louis Composite Center of Excellence Facility gets topped out
    (REJournal, 4/1/16)
    MC Industrial, Inc. has topped out one of its major projects of the year, the St. Louis Composite Center of Excellence–the expansion of Boeing‘s new composite facility. >> CLICK FOR MORE
    Prairie Farms wants to move headquarters to Edwardsville business park
    (Illinois Business Journal. 3/20/16)
    Prairie Farms Dairy plans to move its headquarters from Carlinville to a new $9 million building in Edwardsville, contingent on receiving enterprise zone incentives, city officials say. >> CLICK FOR MORE
    Auto lighting manufacturer adding 200 jobs in Earth City
    (St. Louis Business Journal, 3/31/16)
    Diode Dynamics, an Earth City-based manufacturer of automotive lighting, plans to expand its physical footprint by leasing a 15,000-square-foot engineering facility that will enable the company to hire nearly 200 new employees over the next three years. >> CLICK FOR MORE
    Animal products manufacturer adding 144 jobs in Bridgeton
    (St. Louis Business Journal, 3/29/16)
    Virbac, a manufacturer and distributor of animal health products, plans to invest $37.9 million to expand its Bridgeton facility and create 144 jobs, Gov. Jay Nixon’s office said Tuesday. >> CLICK FOR MORE
    The best graduate school programs in the St. Louis area
    (St. Louis Business Journal, 3/30/16)
    U.S. News & World Report has released its annual report of the best graduate schools in the nation, with several St. Louis-area schools and programs ranked. >> CLICK FOR MORE
    SIUE School of Pharmacy adds Master’s in Pharmaceutical Sciences
    (Illinois Business Journal, 3/23/16)
    The Southern Illinois University Edwardsville School of Pharmacy is introducing a master’s program in pharmaceutical sciences to begin fall 2016. It will be the only school in Illinois and metro St. Louis area to offer the degree. >> CLICK FOR MORE
    Cortex, Lawrence Group Team Up for $232M Midtown Project
    (nextSTL, 3/4/16)
    The Lawrence Group and Cortex are teaming up to greatly increase development plans for the long vacant Federal Mogul site in Midtown St. Louis. We reported in January that Lawrence Group had purchased the site previously planned as a strip retail development. >> CLICK FOR MORE
    St. Charles seeks $56 million upgrade of Highway 94 southwest of Interstate 70
    (St. Louis Post-Dispatch, 3/30/16)
    A $56 million upgrade of Highway 94 between Interstate 70 and the Page Avenue extension (Highway 364) is the next major future road project envisioned by St. Charles city officials. >> CLICK FOR MORE
    Powers to move to city and build office
    (St. Louis Post-Dispatch, 3/30/16)
    Down with the old and up with the new. A demolition permit filed Thursday means the end for the two-story office building where Oakland and Clayton avenues meet at the southwest corner of Forest Park. >> CLICK FOR MORE
    The Tweet Elite: 25 mayors who have mastered Twitter
    (St. Louis Business Journal, 3/29/16)
    Mayor Francis Slay is among the "Tweet Elite," ranking at No. 7 among the "25 Mayors who have Mastered Twitter" in a list by marketing firm Development Counsellors International. >> CLICK FOR MORE
    STL remains in Trip Advisor's list of best U.S. stops
    (St. Louis Post-Dispatch, 3/25/16)
    St. Louis still is running strong in Trip Advisor's "Top 25 U.S. Destinations." >> CLICK FOR MORE
  • St. Louis Press Pass

    Mar 25, 2016
    Federal Reserve sees pay raises ahead for the St. Louis region
    (St. Louis Post-Dispatch, 3/24/16)
    Chances for a “modest” pay raise are good around around here, according to the latest pulse-read on the regional economy from the Federal Reserve Bank of St. Louis. >> CLICK FOR MORE
    Laclede Group renaming gas utility company Spire
    (St. Louis Post-Dispatch, 3/24/16)
    The Laclede Group, a staid natural gas utility that has served the St. Louis region for more than 150 years, isn't the company it used to be>> CLICK FOR MORE
    Bunge plans headquarters move to Chesterfield
    (St. Louis Post-Dispatch, 3/23/16)
    Bunge North America plans to add jobs and move its headquarters from a Maryland Heights office park to a high-visibility site next to Highway 40 (Interstate 64) in Chesterfield. >> CLICK FOR MORE
     
    St. Louis Housing Market Remains Hot
    (CBS St. Louis, 3/23/16)
    A few months ago, KMOX reported that the chief economist at Realtor.com predicted St. Louis would be the nation’s second hottest housing market in 2016. According to the CEO of the St. Louis Association of Realtors, that prediction is on its way to becoming true. >> CLICK FOR MORE
    St. Charles County retail sales top $5.6 billion
    (St. Louis Business Journal, 3/23/16)
    Annual retail sales in St. Charles County hit a record high in 2015, topping $5.6 billion. >> CLICK FOR MORE
    World Wide Technology wins share of $5 billion Army contract
    (St. Louis Business Journal, 3/23/16)
    World Wide Technology, St. Louis’ second-largest privately held company with $7.4 billion in annual revenue, has been named a prime contractor for the U.S. Army’s ITES-3H contract (Information Technology Enterprise Solutions-3 Hardware), a five-year, $5 billion project. >> CLICK FOR MORE
    Midwest BankCentre to Buy Bremen Bank in Missouri
    (American Banker, 3/15/16)
    Midwest BankCentre in Lemay, Mo., has agreed to buy Bremen Bank & Trust in Hazelwood, Mo. The $1.6 billion-asset Midwest did not disclose the price of the all-cash deal, which is expected to close midsummer. >> CLICK FOR MORE
    MedAware gets $2.2 million with even more on the way
    (St. Louis Business Journal, 3/25/16)
    MedAware Solutions, a company founded by officials at Coolfire Solutions and California-based Cedars-Sinai Health System, has raised more than $2.2 million from a group of investors that includes the BioGenerator, the Saint Louis University Billiken Angels Network, Coolfire, the Missouri Technology Corp. and others. >> CLICK FOR MORE
    10 St. Louis startups pitching at InvestMidwest
    (St. Louis Business Journal, 3/22/16)
    As many as 45 startup companies are set to pitch at this year’s InvestMidwest Venture Capital Forum, which brings together hundreds of venture capital and angel investors each year.  >> CLICK FOR MORE
    Centene completes Health Net deal after protracted review
    (Modern Healthcare, 3/24/16)
    It took almost two months longer than expected, but Medicaid insurer Centene Corp. finally closed on its Health Net deal after winning approval from skeptical California regulators. The value of the deal, including debt, has been revised to $6 billion. >> CLICK FOR MORE
    After canceling IPO, EndoStim raises $11 million from investors
    (St. Louis Business Journal, 3/25/16)
    EndoStim, the St. Louis-based medical device maker that earlier this year canceled plans to go public, has raised more than $11 million from a group of undisclosed investors, according to documents filed with the Securities and Exchange Commission. >> CLICK FOR MORE
    Adarza to enter the market following $5 million raise
    (St. Louis Business Journal, 3/25/16)
    Life Science startup Adarza BioSystems announced a $5 million funding round earlier this week that should help the company commercialize its technology, which can identify proteins and genetic markers in medical samples such as blood. >> CLICK FOR MORE
    SSM opens new $10 million outpatient center in Wentzville
    (St. Louis Business Journal, 3/24/16)
    A new $10.4 million outpatient health facility is now open in Wentzville, SSM Health announced Thursday.  >> CLICK FOR MORE
    Chesterfield company makes list of great places to work in health care
    (St. Louis Business Journal, 3/22/16)
    One local company made the cut for the 2016 edition of “150 Great Places to Work in Healthcare” from Becker’s Healthcare. >> CLICK FOR MORE
    Monsanto Said to Seek Crop Chemicals Deals With BASF, Bayer
    (Bloomberg Business, 3/10/16)
    Monsanto approached its preferred partner BASF about buying its crop-science business as well as forging partnerships, said the people, who asked not to be identified because deliberations are private. No agreement was reached with the Ludwigshafen, Germany-based firm, one of the people said.  >> CLICK FOR MORE
    Harbour Group adds two firms to growing portfolio
    (St. Louis Business Journal, 3/25/16)
    Harbour Group, a Clayton-based portfolio company, made two acquisitions this week as it bought Pennsylvania pharmaceutical packaging firm PennTech Machinery Corp. and Camus Hydronics Ltd., a Mississauga, Ontario designer and manufacturer of condensing hydronic boilers and water heaters. >> CLICK FOR MORE
    Wash. U School of Medicine launching Institute for Informatics
    (The Source, 3/21/16)
    To support the growing need to manage and harness big data, Washington University School of Medicine in St. Louis is launching an Institute for Informatics and has named its first director. >> CLICK FOR MORE
    McKee plans gas station, food market north of downtown
    (St. Louis Business Journal, 3/23/16)
    NorthSide Regeneration on Wednesday revealed plans for a gas station and food market near Tucker Boulevard and 13th Street north of downtown St. Louis. >> CLICK FOR MORE
    Fairview Heights to build recreation center, future of U.S. Ice complex still in limbo
    (Belleville News-Democrat, 3/21/16)
    The city of Fairview Heights plans to build a new $12 million recreation center that will open in time for the town’s 50th anniversary in 2019. >> CLICK FOR MORE
    St. Louis Community College initiative addresses challenges African-American men face in college
    (St. Louis Public Radio, 3/22/16)
    A large body of study has amassed over the past 20 years looking critically at enrollment, retention and persistence rates of African-American men in higher education. The statistics are startling. Enrollment numbers are dwindling, with African-American male college enrollment around 34 percent, compared with 39 percent of African-American women. >> CLICK FOR MORE
    Madison County Community Development partners with Ameren Illinois to support residents
    (Metro East Sun, 3/14/16)
    Madison County Community Development is partnering with Ameren Illinois to provide $55,000 in grant funding to county residents' energy bills. >> CLICK FOR MORE
    Baseball's Most Valuable Teams
    (Forbes, 3/23/16)
    In baseball, the pecking order of team values has more to do with what goes on outside the ballpark than the number of fans that come through the turnstiles, buy beer or rent a party suite at the game. >> CLICK FOR MORE