• St. Louis Press Pass

    May 13, 2016
    Spire to launch offering of 1.9 million shares
    (St. Louis Business Journal, 5/12/16)
    Spire Inc., the company formerly known as The Laclede Group, announced Wednesday it plans to offer 1.85 million shares of its common stock to help fund recent acquisitions. >> CLICK FOR MORE
    Conventions spur economic development
    (St. Louis Post-Dispatch, 5/6/16)
    As stakeholders and supporters of the St. Louis hospitality industry, we are writing to answer the question posed in the story that appeared in the Post-Dispatch on May 1: Are conventions worth it? Our answer is a resounding and unequivocal “Yes.” >> CLICK FOR MORE
     
    Local business owners and organization say that conventions, like the First Robotics Competition at the Edward Jones Dome (pictured), make St. Louis a competitive national contender.
    RiverVest among nation’s top-performing venture funds: Report
    (St. Louis Business Journal, 5/10/16)
    RiverVest Venture Partners’ RiverVest Venture Fund II was listed among the best performing sub-$250 million funds in the nation when ranked by money returned to investors. >> CLICK FOR MORE
    Through Apprenticeships, LaunchCode Holds the Keys to Filling STEM Jobs
    (U.S. News, 5/10/16)
    When President Barack Obama announced $100 million in Labor Department grants to train tech workers last March, he named St. Louis nonprofit LaunchCode as a model. >> CLICK FOR MORE
    Videoconferencing startup Geniecast plans for major growth in St. Louis
    (St. Louis Post-Dispatch, 5/10/16)
    Geniecast, a startup in two-way business videoconferencing events, is on a growth curve at the historic 555 Washington Avenue building in downtown St. Louis. >> CLICK FOR MORE
    Blockchain Startup Fluent Raises $1.65 Mln In Series Seed Funding
    (EconoTimes, 5/11/16)
    Fluent has announced that it has raised $1.65 million in a series seed funding round led by ff Venture Capital and joined by Digital Currency Group, Crosscut Ventures, Draper Associates, Fenbushi Capital, Lindbergh Tech Fund, and the St. Louis Arch Angels. >> CLICK FOR MORE
    Memorial, BJC file application to build medical office building in Shiloh
    (Belleville News-Democrat, 5/9/16)
    Less than a month after Memorial Hospital East opened, the next phase of growth at the hospital is already in the works. >> CLICK FOR MORE
     
    Memorial Hospital East in Shiloh opened to patients on April 12. If approved, construction of the proposed office building would begin later this year with completion slated for 2017.
    Missouri will soon be able to review, evaluate health insurance premiums
    (St. Louis Post-Dispatch, 5/11/16)
    Missouri may soon have the authority to review the prices of some health insurance plans before they’re sold to consumers in the state. >> CLICK FOR MORE
    Yield Lab startup set to close $2 million seed round
    (St. Louis Business Journal, 5/11/16)
    Till Mobile, an agtech startup brought to St. Louis by The Yield Lab accelerator earlier this year, expects to close on a $2 million seed round next month. >> CLICK FOR MORE
    LMI Aerospace Expands Machining Complex In Washington, Missouri
    (Area Development News, 5/11/16)
    A leader provider of aerostructures, systems and components to the commercial, business and regional and military aerospace markets, LMI Aerospace plans to expand its machining operation in the city of Washington, Missouri. The company is expected to create 60 new jobs over the next three years. >> CLICK FOR MORE
    East Alton airport honored by IDOT
    (Belleville News-Democrat, 5/10/16)
    The St. Louis Regional Airport in East Alton has been named the Reliever Airport of the Year by the Illinois Department of Transportation, the agency said Tuesday. >> CLICK FOR MORE
    Why do — or don't — college students stay in St. Louis after graduating?
    (St. Louis Public Radio, 5/9/16)
    Every year, thousands of students graduate from colleges and universities in the St. Louis region. So why are so many looking to take their talent elsewhere? >> CLICK FOR MORE
     
    As commencement season approaches, university students look at the pros and cons of living or leaving St. Louis.
    McKendree University announces $40 million capital campaign
    (Belleville News-Democrat, 5/9/16)
    McKendree University announced Monday a $40 million capital campaign to support the renovation of Voigt Science Hall and Holman Library. >> CLICK FOR MORE
    UMSL recognized for cybersecurity program
    (St. Louis Post-Dispatch, 5/6/16)
    The U.S. Department of Homeland Security and the National Security Agency have designated the University of Missouri-St. Louis a Center of Academic Excellence in Cyber Defense Education. >> CLICK FOR MORE
    Emerson grants $1M to STL Community College Foundation to fund STEM programs for North County high schoolers
    (The St. Louis American, 5/9/16)
    The St. Louis Community College Foundation has received $1 million from Emerson to establish the Emerson STEM (Science Technology Engineering Math) Academy at the college’s Florissant Valley campus. >> CLICK FOR MORE
    Imagine a Better St. Louis: Civic Progress pledges to help revitalize north St. Louis County
    (KMOV, 5/10/16)
    Civic Progress St. Louis is an organization looking to invest in the people searching for change in the north St. Louis area. The organization donated over $600,000 to other organizations trying to revitalize north St. Louis County Monday. These are just the first of many donations Civic Progress pledges to make. >> CLICK FOR MORE
    Gills plan to buy Chemical Building
    (St. Louis Business Journal, 5/10/16)
    Amrit and Amy Gill, of local development company Restoration St. Louis, say they have the Chemical Building under contract. >> CLICK FOR MORE
    1.2M SF Railway Exchange Under Contract, Mixed-Use Redevelopment Planned
    (nextSTL, 5/11/16)
    According to multiple nextSTL sources, Hudson Holdings, a property development and real estate management group in Delay Beach, FL, has the vacant 1.2M sf Railway Exchange building in downtown St. Louis under contract. The historic building occupies an entire city block bordered by 6th, 7th, Locust, and Olive Streets.. >> CLICK FOR MORE
    MoDOT's proposed spending plan includes big projects on Interstate 270
    (St. Louis Post-Dispatch, 5/11/16)
    A proposed Missouri Department of Transportation spending plan spanning the next five years calls for $3.97 billion in construction work, the bulk of which will be used for maintenance. >> CLICK FOR MORE
    New Police Chief Seeks to Overturn Ferguson’s Legacy of Turmoil
    (The New York Times, 5/8/16)
    The longtime spokesman of the Miami Police Department, Maj. Delrish Moss, retired last week to become chief of the troubled Police Department in Ferguson, Mo. Mr. Moss, 51, will take over on Monday, not quite two years after a Ferguson officer killed an unarmed teenager, an episode that set off protests nationwide. In a recent interview, Mr. Moss spoke about the challenges he will face in Ferguson, police-community relations and how a run-in with the police as a teenager led him to get a badge of his own. >> CLICK FOR MORE
     
    Maj. Delrish Moss says past mistreatment by police officers inspired him to become a better service provider for the Ferguson community.
    St. Louis adds National Blues Museum to the list of things to see in the Gateway City
    (New York Daily News, 5/9/16)
    St. Louis has got the blues — and now a home for it. The National Blues Museum recently opened in the Gateway to the West — a $14-million downtown destination that supporters hope will connect new generations to the American-made sound at the root of so many forms of music. >> CLICK FOR MORE
    Millions to Ensure a Regional Museum Can Attract Top-Notch Leadership 
    (Inside Philanthropy, 5/9/16)
    It's a good time to be a museum situated between the two coasts. >> CLICK FOR MORE
    Creating the world's new chess capital
    (BBC News Magazine, 5/12/16)
    Chess is a global game, enjoyed by millions around the world. For much of the 20th Century the nucleus of chess was the former Soviet Union and Eastern Europe. But now a new chess capital of the world is emerging - the American Midwest city of St Louis. >> CLICK FOR MORE
  • St. Louis Press Pass

    May 06, 2016
    The Hartford: St. Louis Small Businesses Seek Significant Growth
    (Insurance Journal, 5/3/16)
    The Hartford says a recent survey shows that St. Louis small business owners are looking for significant growth this year. >> CLICK FOR MORE
    2016’s Best Large Cities to Start a Business
    (WalletHub, 5/1/16)
    According to WalletHub, St. Louis is ranked 5th of 150 Best Large Cities to Start a Business, with a total score of 51.81. St. Louis received a 55 in the business environment rank, an 11 in the access to resources rank and a 7 in the costs rank. >> CLICK FOR MORE
    Rental car giant Enterprise buys Maryland Heights buildings for IT operations
    (St. Louis Post-Dispatch, 4/29/16)
    Enterprise Holdings has acquired two office buildings in Maryland Heights for its information technology staff. >> CLICK FOR MORE
     
    "In an effort to ease space constraints, Enterprise Holdings purchased buildings on a Maryland Heights business campus that can house many of the company’s IT employees and accommodate future growth," said Enterprise's chief information officer and senior vice president Craig Kennedy. 
    With a big client, Twain raises millions, branches out
    (St. Louis Business Journal, 4/29/16)
    Think of Twain Financial Partners as an offshoot of the U.S. Bancorp Community Development Corp. St. Louis-based USBCDC, one of the largest tax credit investors in the nation, receives credits for its cash investments that its parent company, U.S. Bancorp, can use to offset its own income or sell to others who need offsets, called syndication. >> CLICK FOR MORE
    IT consulting firm moves HQ to Maplewood
    (St. Louis Business Journal, 5/4/16)
    Faith Group, one of St. Louis’ largest information technology consulting firms with $10 million in local revenue, has moved its headquarters from Olivette to Maplewood. >> CLICK FOR MORE
    Startups behind small business growth in St. Louis: Study
    (St. Louis Business Journal, 5/3/16)
    Small business owners in St. Louis expect to grow at a faster clip than others across the country, according to a study recently released by The Hartford. >> CLICK FOR MORE
    Capital Innovators Demo Day 2016 Happening May 17 At The Pageant
    (EQ, 4/27/16)
    Whether you’re an investor, a founder or a startup voyeur, the annual Capital Innovators Demo Day is the place to be on May 17, happening at The Pageant from 1-5 pm. >> CLICK FOR MORE
    Varsity Tutors moves to new Clayton headquarters
    (St. Louis Business Journal, 4/29/16)
    Hanley Corporate Tower, the downtown Clayton office building that recently got a $6.5 million facelift from owner KBS Realty Advisors of California, is getting another new tenant. >> CLICK FOR MORE
    American Medical Association to collaborate with IDEA Labs
    (The Source, 5/3/16)
    IDEA Labs, a student-run bioengineering and design incubator started at Washington University in St. Louis, will expand its national reach through a partnership with the American Medical Association (AMA). The collaboration is aimed at supporting cutting-edge medical technology development from the next generation of young entrepreneurs. >> CLICK FOR MORE
    THE DOCTOR IS IN: SSM Health Breast Care more comprehensive than ever with new additions
    (St. Charles County Suburban Journals, 5/4/16)
    When you think of breast health, you may automatically think of cancer. But breast health isn’t necessarily about managing and recovering from disease — it’s about prevention, as well. Maintaining good breast health is important for women of all ages and no one understands that better than the women at SSM Health Breast Care. >> CLICK FOR MORE
    Local hospital brings medical care home through telemedicine program
    (KMOV, 5/3/16)
    Christian Hospital is offering patients basic medical care at their home through their telemedicine program. >> CLICK FOR MORE
    Flamel Technologies gets FDA approval for blood pressure drug
    (St. Louis Business Journal, 5/3/16)
    Flamel Technologies, a pharmaceutical drug discovery company based in France with its executive office in St. Louis, has received U.S. Food and Drug Administration approval for its Akovaz drug. >> CLICK FOR MORE
    Freight group says St. Louis region has undersold role as a logistics hub
    (St. Louis Post-Dispatch, 5/1/16)
    The St. Louis region is the farthest point north on the Mississippi River before a barge encounters locks and dams, and is home to two international cargo airports. Four interstates slice through the area, as do six Class 1 railroads. >> CLICK FOR MORE
     
    The St. Louis Regional Freightway's purpose is to coordinate planning and projects for the region’s freight and shipping infrastructure, as well as to expand the local industrial business market on both sides of the Mississippi.
    Boeing CEO confident Hazelwood fighter lines' production will extend into 2020s
    (St. Louis Business Journal, 5/3/16)
    Boeing CEO Dennis Muilenburg said Monday that new potential orders, from both the U.S. and overseas, will help keep its defense lines in Hazelwood running into the 2020s. >> CLICK FOR MORE
    University president puts Harris-Stowe in context
    (The St. Louis American, 5/6/16)
    In the past two years, Harris-Stowe State University has undergone a significant transformation in its identity and approach to meeting the higher education needs of St. Louis. Out of this transformation, a “new Harris-Stowe State University" has risen. Harris-Stowe’s historic mission has been to meet students at their current level of academic readiness and to provide opportunity and nurturing to guide them to success. >> CLICK FOR MORE
    HUD approves $15 million loan guarantee for St. Clair County economic development
    (Illinois Business Journal, 5/2016)
    The U.S. Department of Housing and Urban Development today announced the approval of a $15 million loan guarantee to help St. Clair County establish a loan fund to help finance economic and community development projects within the county. >> CLICK FOR MORE
    Mixed-use project slated for development near Busch Stadium
    (St. Louis Post-Dispatch, 5/3/16)
    A redevelopment plan to construct a mixed-use building one block west of Busch Stadium has been submitted to St. Louis’ Board of Aldermen. >> CLICK FOR MORE
    Following House Action, Business and Civic Groups Urge Senate to Pass Earned Income Tax Credit
    (KMOE, 5/4/16)
    With a week and a half left in the Missouri legislative session, business and civic groups are calling on the Missouri Senate to quickly enact a state Earned Income Tax Credit (EITC). Hundreds of thousands of Missourians would benefit from the credit, which incentivizes work and increases economic mobility. >> CLICK FOR MORE
    It’s official: Wentworth is CEO of Express Scripts
    (St. Louis Business Journal, 5/4/16)
    George Paz has officially retired from his role as CEO of Express Scripts Holding Co., the St. Louis region’s largest public company, passing the reins on to Tim Wentworth. >> CLICK FOR MORE
    Dean Mahendra Gupta named executive of the year by the Asian American Chamber of Commerce of St. Louis
    (The American Bazaar, 5/2/16)
    Mahendra Gupta, dean of the Olin Business School at Washington University, has been named executive of the year by the Asian American Chamber of Commerce of St. Louis. Gupta will be honored at the chamber’s annual dinner, on May 18 at the Mandarin House Banquet Hall in University City. >> CLICK FOR MORE
    Missouri shows how to work through a contentious issue
    (St. Louis Post-Dispatch, 5/3/16)
    For several weeks now, one of the most discussed topics in the Missouri Capitol has been Senate Joint Resolution 39. Fortunately, the House committee considering this legislation has determined that this flawed bill will not advance. This is good news and also shows why Missouri is a great place to live and work. >> CLICK FOR MORE
    Growing Hispanic community in STL prompts hires by commerce group
    (St. Louis Post-Dispatch, 4/28/16)
    A recent list showing St. Louis to be one of the best cities in the Midwest for Hispanic businesses came as no surprise to one local agency. >> CLICK FOR MORE
    Noguchi Ceiling From 1940s Is Uncovered at U-Haul in St. Louis
    (The New York Times, 5/3/16)
    An undulating lobby ceiling that Isamu Noguchi sculpted in the 1940s has emerged at a U-Haul branch in St. Louis, two decades after it was hidden by partitions and dropped ceiling panels. Noguchi designed the feature, known as a lunar landscape, for the building’s original owner, the American Stove Company. Its amoeba-shape channels, originally meant to conceal light bulbs, were recently unveiled. >> CLICK FOR MORE
     
    The undulating lobby ceiling was unveiled recently at a local U-Haul.
    A Bud and beyond: St. Louis' craft beer scene expands its realm
    (The Chicago Tribune, 5/5/16)
    If Budweiser is America's king of beers, then in St. Louis, it's been the king, the queen, the godfather, the grand wizard and the tollbooth collector. >> CLICK FOR MORE