• St. Louis Press Pass

    Feb 19, 2016
    AAIPharma Services Corp. / Cambridge Major Laboratories Moves To Larger Quarters In St. Louis, Missouri
    (Area Development News, 2/18/16)
    AIPharma Services Corp. / Cambridge Major Laboratories, Inc., will invest $10.7 million to move its headquarters in St. Louis, Missouri. The company will relocate to the city’s Cortex Innovation Community. The company plans to add 30 employees in the next five years to bring its full-time head count to about 110 associates. >> CLICK FOR MORE
    Danforth Plant Science Center expansion to open in April
    (St. Louis Post-Dispatch, 2/17/16)
    An additional 100 plant scientists will have a new home when the expansion wing of the Donald Danforth Plant Science Center opens April 15. >> CLICK FOR MORE
    World Wide Technology continues fast growth as revenue rises 9%
    (St. Louis Business Journal, 2/17/16)
    Maryland Heights-based World Wide Technology continued hiring at a rapid pace in 2015, adding nearly 1,000 jobs to help support its revenue growth, which jumped 8.8 percent from 2014 to $7.4 billion. >> CLICK FOR MORE
    KPMG leads $10 million investment in Label Insight
    (St. Louis Post-Dispatch, 2/17/16)
    Label Insight, which has assembled a database of nutrition information from food labels, has raised $10 million in capital from KPMG and other investors. >> CLICK FOR MORE
    Sam Altman: “We Want To Hire More St. Louis Startups.”
    (EQ, 2/12/16)
    Y Combinator, one of the most prestigious startup incubator in the world, wants to invest in more St. Louis startups. That’s according to the Silicon Valley incubator’s president, Sam Altman, who participated in several Q&A sessions Thursday at the Washington University School of Engineering and Applied Science. >> CLICK FOR MORE
    Innovation Heaven: The Cortex Innovation Community
    (Ladue News, 2/18/16)
    Reshma Chamberlin feels a renewed sense of efficiency and enthusiasm at work these days, and the chief executive officer of B/C Designers, a business consulting firm, credits much of it to location. Since she moved her company to the Cortex Innovation Community, a 200-acre innovation district in Midtown, Chamberlin is thriving on the creative vibes and individuals around her and the convenience of having all of it available to her within a passionate community. >> CLICK FOR MORE
     
    Cancer research in Argentina leads to startup in St. Louis
    (St. Louis Post-Dispatch, 2/18/16)
    With funding from BioGenerator, a new cancer-treatment company based on research in Argentina is setting up shop in St. Louis. >> CLICK FOR MORE
    Growing Fast: Gainsight’s Expansion
    (EQ, 2/12/16)
    ​Customer success is a popular term these days. Companies are focusing heavily on not only acquiring customers, but maintaining their happiness and expanding the relationship. Gainsight is being hailed as the industry leader in that space, and has rapidly grown from early mover to one of St. Louis’ biggest startups. And we mean rapidly. >> CLICK FOR MORE
    Hatchbuck helping small businesses grow revenue without growing the team
    (St. Louis Business Journal, 2/16/16)
    It’s a difficult cycle to breakthrough: small businesses want to grow, but can’t grow until they hire more sales associates but can’t hire until they grow sales. A St. Louis startup says it has developed a way to help small business owners stay top of mind with current and potential customers without growing the team. >> CLICK FOR MORE 
    Pixel Press signs retail agreement with national chain
    (St. Louis Business Journal, 2/16/16)
    Pixel Press, the St. Louis-based startup that developed create-your-own video game technology, has signed its first retail partnership with Marbles: The Brain Store, a retailer focused on games and puzzles with nearly 40 locations nationwide. >> CLICK FOR MORE
    Maker Series with Jason Hall
    (Black&White Gingham, 2/18/16)
    Some people are just meant to help steer a city in the right direction...Right now, that leader is Jason Hall. While he may not be trading furs or hitting home runs, he is helping attract a new thread of businesses to St. Louis, businesses that will allow for our city to grow in size, economy, and reputation. >> CLICK FOR MORE
    Express Scripts' profit, retention rate climb
    (St. Louis Business Journal, 2/17/16)
    Express Scripts Holding Co.’s earnings climbed 33 percent in the fourth quarter to reach $773.5 million, as the company reported its strongest year ever for business retention. >> CLICK FOR MORE
    Mercy signs virtual medicine deal with UNC
    (St. Louis Business Journal, 2/19/16)
    Mercy is taking the next step in its multi-million dollar push into virtual medicine, inking a deal to provide virtual care for the University of North Carolina Health Care system. >> CLICK FOR MORE
    Monsanto discloses stake in Israeli biotech company
    (St. Louis Business Journal, 2/16/16)
    Monsanto Co., the Creve Coeur-based agribusiness giant, has disclosed a significant stake in an Israeli biotech company that it’s partnered with for more than a decade. >> CLICK FOR MORE
    Washington U's Schaal takes helm of national science group
    (St. Louis Business Journal, 2/16/16)
    Barbara Schaal, dean of Washington University's faculty of arts and sciences, takes her post this month as president of the American Association for the Advancement of Science, the world's largest general scientific society. >> CLICK FOR MORE
    TriStar Properties launches two more spec buildings at Gateway Commerce Center
    (Illinois Business Journal, 2/17/16)
    ​TriStar Properties has begun development of two more speculative distribution centers initially totaling 1.13 million square feet on the eastern side of Gateway Commerce Center in Edwardsville. >> CLICK FOR MORE
    Hotel planned for International Shoe building downtown
    (St. Louis Business Journal, 2/17/16)
    A Milwaukee developer plans to turn the International Shoe Co. building in downtown St. Louis into a boutique hotel. >> CLICK FOR MORE
      
    The 10-story, 140,000 square-foot building at 1501 Washington Ave. is now slated for conversion into a 140-room boutique hotel.
    Shake Shack to anchor $31 million Central West End development
    (St. Louis Business Journal, 2/12/16)
    Shake Shack, one of the hottest restaurant concepts over the past few years and the creation of native St. Louisan Danny Meyer, will be the anchor tenant of the Koman Group’s $31 million Central West End mixed-use development on Euclid Avenue. >> CLICK FOR MORE
    Reception welcomes Gen. Darren W. McDew to new role at Scott Air Force Base
    (Riverbender.com, 2/12/16)
    Gen. Darren W. McDew and his wife, Evelyn, were the guests of honor at a February 10th reception celebrating his recent appointment as Commander of the U.S. Transportation Command (USTRANSCOM) at Scott Air Force Base. The Leadership Council Southwestern Illinois, Civic Progress, Regional Business Council, St. Louis Regional Chamber and the Belle Scott Committee partnered to host the event.  >> CLICK FOR MORE
    Edward Jones commits $4.7 million to support mission of Alzheimer's Association
    (News Medical, 2/16/16)
    ​The Alzheimer's Association today announced an historic partnership with St. Louis-based financial services firm Edward Jones. Edward Jones has committed $4.7 million over two years to support the mission of the Alzheimer's Association. >> CLICK FOR MORE
    Peacock, other local execs form group to bring MLS to St. Louis
    (St. Louis Business Journal, 2/19/16)
    A group of local business and sports leaders, including St. Louis Cardinals President Bill DeWitt III and St. Louis Blues CEO Chris Zimmerman, has formed to help bring a Major League Soccer team to St. Louis. >> CLICK FOR MORE
    Convention Center study recommends almost twice the space
    (St. Louis Post-Dispatch, 2/18/16)
    The city's convention center complex should expand to more than 900,000 square feet of "function space," almost double its current size, according to a report given on Thursday to the St. Louis Convention & Visitors Commission board. >> CLICK FOR MORE
    Area chefs and restaurants named James Beard Award semifinalists
    (St. Louis Post-Dispatch, 2/17/16)
    The regional semifinalists for the prestigious James Beard Foundation Awards have been announced, and one new face joins four other previous nominees. >> CLICK FOR MORE
    More than 50 musicians from 15 countries collaborate on album in St. Louis
    (St. Louis Public Radio, 2/17/16)
    Last year local musician Louis Wall decided to record and produce an album pairing St. Louis-born with immigrant musicians. At the time, he didn’t know it would expand to include roughly 50 people from 15 countries across five continents. Wall says the key to making an album with that many contributors is keeping it accessible to everyone. >> CLICK FOR MORE
  • St. Louis Press Pass

    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