Missouri Department of Economic Development http://kbia.org en Governor Nixon announces comprehensive statewide energy plan http://kbia.org/post/governor-nixon-announces-comprehensive-statewide-energy-plan <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>Gov. Jay Nixon announced the launch of a statewide comprehensive energy plan at the Advancing Renewables conference at the University of Missouri on Tuesday, April 8.</p><p>The Missouri Department of Economic Development’s Division of Energy will lead the initiative to develop the energy plan.</p><p>The governor said public meetings will be held across the state to seek input from energy stakeholders, including renewable energy companies, researchers and environmental advocates.</p> Tue, 08 Apr 2014 22:12:13 +0000 Charmaine Ng 50986 at http://kbia.org Governor Nixon announces comprehensive statewide energy plan Roofing company to build plant in Moberly, Mo. http://kbia.org/post/roofing-company-build-plant-moberly-mo <p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;">A leading shingle manufacturing company says it will build a new production facility in the central Missouri town of Moberly.</p><p> Wed, 19 Mar 2014 13:18:14 +0000 Associated Press 49860 at http://kbia.org Roofing company to build plant in Moberly, Mo. Columbia bio tech start-up to expand, could create 50 jobs in 5 years http://kbia.org/post/columbia-bio-tech-start-expand-could-create-50-jobs-5-years <p><span style="line-height: 1.5;">The expansion of a bio technology start-up company in Columbia is expected to create 50 new jobs within five years. </span>Nanova<span style="line-height: 1.5;"> </span>Biomaterials<span style="line-height: 1.5;">, Inc.’s expansion includes $1.5 million in capital investment.</span></p><p>The research and development company uses nanotechnology to manufacture orthopedic and dental products, such as dental fillings and bone screws. Its parent company was founded in 2007 by a group of four researchers, two of whom are from the University of Missouri.</p> Wed, 27 Nov 2013 23:23:32 +0000 Harum Helmy 44473 at http://kbia.org Report shows declines in Mo. unemployment rate http://kbia.org/post/report-shows-declines-mo-unemployment-rate <p>Newly released figures show Missouri's unemployment rate declined in September and October and now stands at 6.5 percent.</p><p>The state Department of Economic Development released employment figures Tuesday. The two months were combined in the same report because of the partial federal government shutdown in October.</p><p>Payrolls in September declined by 5,500 jobs, including a drop of 3,700 jobs in the leisure and hospitality sector. Trade, transportation and utilities increased by 3,300 jobs.</p> Tue, 19 Nov 2013 21:09:10 +0000 Person: Associated Press 44043 at http://kbia.org Report shows declines in Mo. unemployment rate Mo. transition team helps RR Donnelley’s newly unemployed http://kbia.org/post/mo-transition-team-helps-rr-donnelley-s-newly-unemployed <p>Jefferson City based company RR Donnelley laid off close to 500 employees Tuesday after <a href="http://kbia.org/post/rr-donnelley-jefferson-city-close-470-jobs-gone">announcing the layoff in August.</a></p><p> Thu, 03 Oct 2013 13:48:13 +0000 Abigail Keel 41518 at http://kbia.org Mo. transition team helps RR Donnelley’s newly unemployed Mo. Gov. Nixon names new legislative director http://kbia.org/post/mo-gov-nixon-names-new-legislative-director <p>Missouri Gov. Jay Nixon has selected a new top legislative aide, tapping an official from the state&#39;s economic development agency.</p><p>The governor&#39;s office said Tuesday that Jason Zamkus will be Nixon&#39;s new legislative director. He replaces Daniel Hall who held the position since Nixon took office in 2009 and last week was appointed by the governor to the Missouri Public Service Commission.</p><p>Zamkus had been the deputy director of the state Department of Economic Development. He also was the agency&#39;s liaison to the state Legislature.</p> Tue, 01 Oct 2013 20:30:43 +0000 Person: Associated Press 41410 at http://kbia.org Mo. Gov. Nixon names new legislative director State hires former Jefferson City administrator http://kbia.org/post/state-hires-former-jefferson-city-administrator <p>The Missouri Department of Economic Development has hired a former Jefferson City administrator who lost his city job as officials debated how to proceed with a new conference center.</p><p>The Jefferson City News Tribune reported Tuesday that Nathan Nickolaus started work as the state agency&#39;s general counsel. The department&#39;s current general counsel is leaving for private practice. Nickolaus says he is excited about the job. He previously was Jefferson City&#39;s attorney.</p> Tue, 01 Oct 2013 20:25:08 +0000 Associated Press 41409 at http://kbia.org State hires former Jefferson City administrator Mo. authorizes $7M of tax credits before deadline http://kbia.org/post/mo-authorizes-7m-tax-credits-deadline <p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;">Missouri authorized more than $7 million of additional tax credits shortly before the expiration of a program aimed at redeveloping large impoverished or blighted areas.</p><p> Mon, 02 Sep 2013 13:01:45 +0000 Associated Press 39816 at http://kbia.org Mo. authorizes $7M of tax credits before deadline Audit Of Mo. Technology Corporation Cites Lack Of Documentation For Admin. Costs http://kbia.org/post/audit-mo-technology-corporation-cites-lack-documentation-admin-costs <span style="line-height: 1.5;">A state-run nonprofit corporation needs to improve its transparency, according to an audit released Thursday.</span><p><span style="line-height: 1.5;">The <a href="http://www.missouritechnology.com/">Missouri Technology Corporation</a> received an overall good rating, but the audit finds that </span>MTC<span style="line-height: 1.5;"> has not maintained detailed timesheets or other documents to support the funding it receives for administrative costs, and that those allocations don't always appear to be reasonable.&#160; The audit also finds that financial docum Thu, 25 Jul 2013 22:46:13 +0000 Marshall Griffin 37743 at http://kbia.org Audit Of Mo. Technology Corporation Cites Lack Of Documentation For Admin. Costs Missouri's unemployment rate increases despite job growth in June http://kbia.org/post/missouris-unemployment-rate-increases-despite-job-growth-june <p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;">Missouri's unemployment rate increased slightly even though businesses added thousands of jobs in June.</p><p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;"> Tue, 16 Jul 2013 22:24:57 +0000 Associated Press 37186 at http://kbia.org Missouri unemployment rate hits 49-month low, but there's a catch http://kbia.org/post/missouri-unemployment-rate-hits-49-month-low-theres-s-catch Missouri’s unemployment rate is now at its lowest point in four years.<p>November’s jobless rate is at 6.7 percent, down from 6.9 percent in October.&#160; At the same time, though, the state lost 6,800 non-farm jobs last month.&#160; John Fougere is with the <a href="http://ded.mo.gov/home.aspx">Missouri Department of Economic </a>Development.<p>“There’ll be blips from time to time, but we never focus on any one month of data when it comes to the number of jobs gained or lost, but instead the overall trend," Fougere said.&#160; "Right now the overall trend of Missouri’s economy appears to be positive.” Tue, 18 Dec 2012 23:19:44 +0000 Marshall Griffin 26125 at http://kbia.org Missouri unemployment rate hits 49-month low, but there's a catch Judge denies Mamktek CEO lower bond http://kbia.org/post/judge-denies-mamktek-ceo-lower-bond <p>A Randolph County judge has refused to lower the $500,000 cash bond for the former CEO of a failed factory project in Moberly who is facing felony fraud charges. Fri, 14 Dec 2012 14:13:42 +0000 Associated Press 25931 at http://kbia.org Judge denies Mamktek CEO lower bond Former Hostess employees get help in job search http://kbia.org/post/former-hostess-employees-get-help-job-search <p></p><p>The State Rapid Response Team is assisting former Hostess employees in Mid-Missouri get back to work.</p> Thu, 29 Nov 2012 17:46:07 +0000 Emily Potthast 25208 at http://kbia.org Former Hostess employees get help in job search Missouri unemployment rate remains below national average http://kbia.org/post/missouri-unemployment-rate-remains-below-national-average <p>Missouri’s unemployment rate held steady at 6.9 percent in October, according to new data from the Missouri Department of Economic Development. That’s one full point below the national average of 7.9 percent.</p><p> Tue, 13 Nov 2012 21:17:48 +0000 Kristofor Husted 24463 at http://kbia.org Missouri unemployment rate remains below national average 43 new jobs coming to Holts Summit within the next few years http://kbia.org/post/43-new-jobs-coming-holts-summit-within-next-few-years <p>Pro Food Systems Inc. is planning to add 43 jobs within the next five years at its operation in Holts Summit.&nbsp; The new headquarters will have three components: a breading and blending facility, a logistics service center and print companies.&nbsp; The company said it will invest $6 million dollars into the new headquarters.</p><p>Missouri Department of Economic Development Spokesperson John Fougere said the Department used tax credits and other incentives to encourage Pro Food Systems into expansion.</p> Thu, 18 Oct 2012 13:18:47 +0000 Devon Fasbinder 23020 at http://kbia.org 43 new jobs coming to Holts Summit within the next few years Mo. job incentive program comes up short http://kbia.org/post/mo-job-incentive-program-comes-short <p>A new audit says Missouri officials have overstated the economic impact of the state&#39;s main job incentive programs.</p><p>The report released Monday by Auditor Tom Schweich focuses on the Quality Jobs program, which provides tax breaks to businesses that add jobs with decent wages and health insurance.</p><p>Schweich says the projected jobs and investment reported by the Department of Economic Development has significantly overstated the amount of jobs actually created and the amount of money actually invested by businesses to improve facilities and equipment.</p> Mon, 02 Jul 2012 21:39:43 +0000 Associated Press 16919 at http://kbia.org Mo. job incentive program comes up short Columbia business incubator awarded tax credits http://kbia.org/post/columbia-business-incubator-awarded-tax-credits <p>The Missouri Department of Economic Development awarded state tax credits to five small business incubators on Monday. The Life Science Business Incubation Center in Columbia was awarded a $100,000 in tax credits. Wed, 27 Jun 2012 21:46:47 +0000 Anli Xiao 16620 at http://kbia.org Missouri payroll jobs fall by 7,300 in May http://kbia.org/post/missouri-payroll-jobs-fall-7300-may <p>Missouri officials say the state lost about 7,300 non-farm payroll jobs in May, even as the state&#39;s unemployment rate was unchanged at 7.3 percent. Tue, 12 Jun 2012 22:59:01 +0000 Associated Press 15768 at http://kbia.org Missouri payroll jobs fall by 7,300 in May Youth mentoring group Big Brothers Big Sisters of Central Missouri to benefit from state tax credits http://kbia.org/post/youth-mentoring-group-big-brothers-big-sisters-central-missouri-benefit-state-tax-credits <p>The Missouri Department of Economic Development announced earlier this week that Big Brothers Big Sisters of Central Missouri has been approved for state tax credits.&nbsp;Big Brothers Big Sisters of Central Missouri received $102,782 in state tax credits under the Department of Economic Development&rsquo;s Youth Opportunities Program.</p><p> Thu, 07 Jun 2012 14:22:37 +0000 Hannah Schmidt 15493 at http://kbia.org Missouri's economy lagged nation's in 2011 http://kbia.org/post/missouris-economy-lagged-nations-2011 <p>Missouri&rsquo;s Gross Domestic Product growth was stagnant in 2011. That&rsquo;s according to a new report released Tuesday by the federal Bureau of Economic Analysis, or BEA. Wed, 06 Jun 2012 22:39:26 +0000 Jacob McCleland 15459 at http://kbia.org Missouri's economy lagged nation's in 2011