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401k2013 via Flickr

The Missouri Office of Administration released the October general revenue report Tuesday.

The 2015 fiscal year began on July 1 and state revenue collections increased 4.3 percent compared to last year from $2.48 billion to $2.59 billion.  State Budget Director Linda Luebbering said the revenue collections need to be up 11 percent to fully fund the budget appropriated by the legislature.

Hey Paul Studios via Flickr

A monthly economic survey index for nine Midwestern and Plains has dropped again.

cindyt7070 / Flickr

The University of Missouri and KBIA announced today the purchase of 90.5FM KWWC from Stephens College. Pending approval from the Federal Communications Commission (FCC), MU will pay Stephens College $50,000 for the station in addition to providing the college with $50,000 in underwriting over a five-year period.

Phil Joens/Missouri Business Alert

  

A battle is taking place in downtown Columbia—a culinary one, that is. Competition has heated up between two different fast-casual burrito chains located next to one another on Ninth Street—Chipotle Mexican Grill and Moe’s Southwest Grill. Missouri Business Alert’s Phil Joens reports on the competition between the two and what it means for their businesses. 

The Columbia Public Works Parking Utility department is installing 50 new parking meter heads that accept electronic payments.

KBIA

The President of the Columbia Chamber of Commerce says recent growth in Columbia is the reason many major chain restaurants have begun opening their first locations in the city recently.

Last week, the National Association of Black Journalists issued a press release citing concern with the atmosphere and working conditions for African-Americans at the cable network. CNN responded by saying it was reconsidering its sponsorship of NABJ events. Missouri School of Journalism professors Earnest Perry, Jim Flink and Amy Simons discuss the issue.

Hog waste in Callaway County is a violation of permit

Oct 23, 2014
Ameren

10,000 gallons of hog waste from a Callaway County hog farm flowed Monday into a waterway that is a part of Millers Creek.

The waste came from the hog feeding facility, Pork Master Inc., and flowed into the Mark Twain National Forest.

Pork Master Inc. is under a discharge permit issued by the Missouri Department of Natural Resources (DNR), why the spill is a violation of the permit, Spokeswoman Gena Terlizzi says.

Via the PlanetReuse website

Don’t waste what can be used to sustain—that’s the idea behind PlanetReuse, a Kansas City-based company that helps contractors exchange reclaimed construction materials that would otherwise be headed to the landfill. Missouri Business Alert’s Yizhu Wang sat down with founder and CEO Nathan Benjamin at Columbia’s Sustainapalooza to talk about the firm and what it means to be the self-described “go-to solution for reuse.”

Annie Rice and Ross Terrell / KBIA

There are many opinions on whether Columbia is overbuilt or not. KBIA’s Lauren Langille spoke with the city and professionals in the housing and real estate industry to see what’s going on with supply and demand.

Both the Kansas City Royals and St. Louis Cardinals made it into baseball’s post-season this year. And while fans are happy, businesses that sell licensed team shirts, hats and even socks are happier. KBIA’s Annie Rice reports on how postseason runs – and a few bandwagon fans – can be a home run for local businesses.

Ameren brings new jobs with maintenance work

Oct 14, 2014
Ameren logo
ForwardSTL

Ameren Missouri’s Callaway energy center is working with locals on a large scale maintenance operation. This is Ameren’s 20th planned refueling and maintenance, but this time a nuclear reactor vessel head is being replaced for the first time.

Walmart helps Missouri food banks fight hunger

Oct 10, 2014
Money
401K / Flickr

The Food Bank for Central and Northeast Missouri won a $60,000 grant through an online voting challenge.

Christa Corrigan/Missouri Business Alert

 

  Columbia's Parkade Center opened in 1965. It was built on a prime location off of Interstate 70 — a new freeway reshaping the American approach to commerce. Parkrade Center was once the premier shopping destination in mid-Missouri. However that changes after the Columbia Mall opened in 1985. After struggling to keep businesses and shoppers for years, the center has shifted its business model in the past decade, and its business appears to be improved and stabilized. Missouri Business Alert's Christa Corrigan reports on the comeback of the once lifeless shopping center.

Jefferson City Police looking for new officers

Oct 7, 2014
Scott Davidson / Flickr

Jefferson City's Police Department is seeking to fill positions that have been open for almost a year. Several officers retired in 2013 and the department is still looking for deputies to replace them.

The city police board wants to hire 7 new police officers, and 61 people have applied for the jobs. The department is now down to the last 10 who best fit the requirements.

New bio-tech business opens to public in Columbia

Oct 3, 2014
Timothy Maylander / KBIA

Columbia officially welcomed a new bio-technology business to the city with a ribbon cutting at its new facility this week. BioPharma Services Inc. has been up and running in the city for a couple of months but had its grand opening for its new 11,000 square foot laboratory and clinical facility on Wednesday. BioPharma is a medical research company that conducts clinical trials and drug testing. Its Columbia office specializes in bio-equivalence studies, which usually means ensuring generic drugs are absorbed into the body at the same rate as their name-brand counterparts.

Ameren introduces plan for cleaner energy

Oct 2, 2014
File Photo / Ameren Missouri

Ameren Missouri introduced its 20-year plan for cleaner energy that could achieve a 30 percent reduction in carbon dioxide emissions by 2035.

The potential reduction in carbon dioxide emissions would put Ameren Missouri in compliance with the Environmental Protection Agency's Clean Power Plan, which calls for a 30 percent reduction by the year 2030. The EPA announced the Clean Power Plan earlier this year and Ameren Missouri has been prepared to achieve the standards.

Startup weekend in Columbia starts on Friday, kicking off a fifty-four-hour boot camp at the Museao Building in south Columbia. People will work in teams to pitch and develop their business ideas with the help of mentors during the boot camp. At the end of the weekend, they'll present their business plans to a panel of judges, who will them select the winners. Missouri Business Alert’s Elizabeth Tharakan explores how Columbia’s Startup Weekend has recently become a springboard for health care IT companies.

Mr. Shiv / Flickr

COLUMBIA, Mo. (AP) — Boone County officials and some vendors say they are concerned the closing of the Central Missouri Events Center could hurt the region's economy.

The center, formerly known as the Boone County Fairground, will hold only a few events before closing shortly after Thanksgiving. The decision came after county voters in August soundly defeated a proposed eight-cent sales tax to support the center, other county parks and economic development.

Rochester, N.Y., was once the imaging capital of the world, home to Kodak, Xerox and the eye care company, Bausch + Lomb.

Led by these companies, the manufacturing sector once employed 60 percent of Rochester's workforce. Now, that's less than 10 percent. And so, like many cities in this country, Rochester is trying to build something new from its manufacturing heritage.

If you want to understand the story of Rochester, says historian Carolyn Vacca, you need to come to High Falls, where from a bridge visitors see a waterfall and a panoramic view of downtown.

Columbia flights to Chicago canceled

Sep 26, 2014
www.flymidmo.com

All Columbia flights to Chicago's O'Hare and Midway International Airports were canceled Friday after a disgruntled employee intentionally set an FAA tower in a Chicago suburb on fire.

Sh4rp_i via Flickr

The Columbia Better Business Bureau and the Missouri Attorney General are hosting a "Shred Day" next Saturday, October 4th, to help educate residents about the importance of identity protection and fraud prevention.

Mid-Missouri Regional director of the BBB Mike Harrison says that in 2013, more Americans were victims of identity theft than were subject to any other type of fraud.

Department of Economic Development

Jim Spencer, CEO of Newsy, received the Governor’s Entrepreneur of the Year Award earlier this month. Missouri Business Alert’s Maggie Angst caught up with Spencer, to find out where Newsy is heading.

Newsy is a company that collects the day’s news stories from multiple news sources and produces videos that add analysis and context to the story. The videos are then delivered through the Internet to tablets, smartphones, computers, and even TV. Newsy was found in 2008, and this January, it was acquired by E.W. Scripps Company for $35 million.

Hellen Tian

  President of Regional Economic Development Inc. (REDI), Mike Brooks, will retire at the end of September. Since assuming the role in 2009, Brooks has helped REDI focus its efforts on attracting new business, expanding existing business, as well as building an entrepreneurial-friendly environment.

This week we sat down with Brooks, to talk about the importance of entrepreneurship to the local economy, and the challenges mid-Missouri faces in economic development. 

Opus Group

  At a hearing this morning at the Boone County Courthouse, plaintiffs working to stop the Opus student housing development filed a motion to change the judge in their case against the city.

Last Friday, Boone County Circuit Judge Kevin Crane granted and that same day lifted a new restraining order blocking the city and the Minneapolis-based Opus group from moving forward with construction.

Ameren Missouri to raise prices

Sep 12, 2014
Ameren logo
ForwardSTL

Electric customers of Ameren Missouri will see a small increase on their bills starting later this month.

Jefferson City business leaders prepare for future

Sep 12, 2014
401k2013 via Flickr

Jefferson City has seen some improvements from its chamber of commerce since it underwent structural changes in September 2013.

The chamber wanted to narrow its focus on four areas: talent, growth, place and membership.

The chamber’s president and CEO Randy Allen said the chamber has been able to develop the workforce in the city.

“We’ve been working pretty hard on a couple particular areas and that is trying to retain some young people and then getting the new people to the companies connected to the community,” Allen said.

Daniel Horacio Agostini via Flickr

 Hailing a cab may become a thing of the past in Columbia, but local taxi companies and city rules might get in the way.

Uber, a ride sharing service that connects riders and drivers through a smartphone app is looking to expand in Columbia. Missouri Business Alert’s Siddarth Vidnala went to see what people on both sides of the issue have to say.

A monthly economic survey index for nine Midwestern and Plains states rose slightly in August, suggesting growth is ahead.

Manufacturing companies in Kansas and Missouri say there are plenty of high-paying jobs available for people qualified to run sophisticated factory equipment, but there doesn't seem to be enough local talent to fill them.

Paul Sableman / Flickr

Centene Corp. plans to build a claims processing center in Ferguson, in the wake of the Michael Brown shooting.

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