Business

Business
10:44 am
Fri November 2, 2012

Boonville project gets high marks

Robert Stinnett Creative Commons/Flickr

Hear Wendy Mader's newscast wrap about the project, here:

A redevelopment project of a former military school in Boonville is receiving a national award for excellence. The steering committee for “Kemper Military School Redevelopment Project” is receiving the award from the University Economic Development Association for repurposing 46-acres of land where Kemper Military School stands.

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Business Beat
6:01 pm
Wed October 31, 2012

For small business owners, election highlights key issues

Daniel Finke moved his company Finspeed into this 12,000 square foot building in Moberly thanks to a tax abatement from the city.
Credit Kristofor Husted / KBIA

By most accounts, Missouri is a pink state.

Not red. Not blue. Pink.

But, when thousands of small business owners in Missouri were asked which candidate was more supportive of small business, 35 percent chose President Barack Obama, 24 percent picked Gov. Mitt Romney, and 41 percent said they were unsure. (That’s from a recent George Washington University and Thumbtack poll.)

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Business Beat
5:37 pm
Wed October 31, 2012

Campaigns focus on small business but not farm bill

Small business owner Daniel Finke of Moberly says fair trade is the most important issue to him this election when it comes to his company.
Credit Kristofor Husted / KBIA

Countdown to Election Day is upon us.

And while business development continues to surge as a hot topic this campaign season, the expired farm bill seems to have disappeared off candidates' radars completely. Harvest Public Media’s Amy Mayer has this report on just how much candidates are talking farm policy...in farm country.

By most accounts, Missouri is a pink state.

Not red. Not blue. Pink.

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2:22 pm
Wed October 31, 2012

Columbia startup secures $1.2 million in venture capital

Lead in text: 
Columbia software startup Zapier won the first ever Columbia Startup Weekend and rode that success all the way to Silicon Valley. When I last spoke to the trio, they had finished a mentorship program at the Y Combinator in California and were confident about the future. When I last spoke with Zapier in late September, I asked founder Wade Foster if he was talking with investors. He would say only "our biggest thing is just getting back to work and growing the product and user base." Now Zapier is hiring their first employee and pouring resources into the next iteration of their web-based services.
As Zapier wrapped up its three-month stint in seed accelerator Y Combinator earlier this year, the founders of the Columbia, Mo.-born startup fielded ample advice on how to handle funding. "We heard, 'Get fundraising done as fast as possible. Don't worry about it. You want to finish it, and ...
Business
8:49 am
Wed October 31, 2012

Cape Girardeau casino opens two months early

stopnlook FLICKR

Missouri’s newest casino, the Isle of Capri Casino, opened Tuesday morning in Cape Girardeau two months ahead of schedule.

Isle of Capri president and CEO Virginia McDowell lauded  her company’s efforts to build the casino so quickly and hire local workers.

“We had 9,000 applications for jobs, and we picked the 700 best people you are going to meet when you go through those doors," McDowell said. "And I am proud to say 80 percent of those people live within 50 miles of Cape Girardeau."

The project cost $135 million.

Business
2:55 pm
Tue October 30, 2012

Keeping Sandy's Economic Impact In Perspective

A truck drives through a flooded street caused by Hurricane Sandy in New York City's Financial District on Tuesday.
Andrew Burton Getty Images

Originally published on Wed October 31, 2012 9:32 am

When Superstorm Sandy slammed into the East Coast on Monday, the fragile U.S. economy was just sitting there, stuck in a sluggish-growth mode.

Now, as the massive cleanup begins, business owners, workers and investors are wondering what impact the megastorm ultimately will have on their wallets. Did Sandy weigh down economic activity enough to drown the recovery? Or will the rebuilding efforts boost growth over the longer term?

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Business
4:48 pm
Fri October 26, 2012

Early homecoming football game may impact downtown Columbia businesses

Karen Mitchell KBIA Sports Extra

MU's morning homecoming football game this weekend may have a negative economic impact on downtown Columbia businesses.

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Business
3:35 pm
Fri October 26, 2012

MoDOT to complete bridge campaign ahead of schedule

File photo MoDot

The largest bridge rebuilding program in Missouri’s history will soon be finished more than a year ahead of schedule.

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Business
8:17 am
Thu October 25, 2012

MU, Missouri S&T partner to research small modular nuclear reactors

The University of Missouri and Missouri S&T entered a partnership with Westinghouse Electric Company to determine safety guidelines for small modular nuclear reactors.

This research supports a proposal from Westinghouse and Ameren Missouri that seeks $452 million in Department of Energy grants to build a small nuclear reactor near Fulton. The reactor could bring 400 jobs to mid-Missouri and would power 45,000 homes. Missouri has the potential to become a hub of small reactor manufacturing and distribution.

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Business
5:20 pm
Wed October 24, 2012

Low interest in Mamtek leftovers at Mo. auction

Keith Burtis Flickr

An auction of assets left from a failed artificial sweetener factory in Moberly is drawing curious onlookers but few big buyers.

The auction of Mamtek U.S. property drew more than 20 prospective bidders Wednesday morning to a Moberly hotel ballroom, joined by online participants.

Buyers sought deals on individual pieces of equipment owned by Mamtek, but no one submitted a bid for the company's real estate or its intellectual property.

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Business
5:05 pm
Wed October 24, 2012

Child hunger program faces big challenges, setbacks

File Photo KBIA

Missouri isn’t a place normally associated with child hunger.  Still over 56,000 kids qualify for the Buddy Pack Program.  The program sends a backpack of nutritious food home students from low-income families every weekend.

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Business Beat
4:23 pm
Wed October 24, 2012

Fighting for food

This lucky lot of produce beat its weed nemeses back at the farm.
File Photo KBIA

When it comes to the business of food, there’s a rivalry around every corner. You’ve got fights for prime farmland, wars over water use, even buying food at the grocery store has its competition with household bills encroaching on family budgets for the shopping list.

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Business
7:59 am
Wed October 24, 2012

Mamtek leftovers go on sale at Moberly auction

File Photo Flickr

The northern Missouri artificial sweetener plant project that turned sour when its financing collapsed last year is holding an out-of-business sale.

Mamtek U.S. received $39 million of industrial development bonds from the city of Moberly and could have earned up to $17 million of state tax incentives to build the factory. Construction ceased on the partially complete factory after Mamtek missed a bond payment in August 2011. Former CEO Bruce Cole faces fraud and stealing charges and remains in the Randolph County Jail awaiting trial.

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Business
8:46 am
Tue October 23, 2012

TransCanada restarts Keystone pipeline

L.C.Nøttaasen FLICKR

TransCanada has restarted the Keystone oil pipeline that carries about 590,000 barrels of crude oil each day from Canada to facilities in the Midwest.

Oil began flowing again Monday afternoon. Company spokesman Shawn Howard says the system will be operated at a slightly reduced pressure for about 24 hours. Contractual delivery levels will resume in November.

TransCanada had shut down the pipeline Wednesday after tests showed possible safety issues.

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Business
5:09 pm
Mon October 22, 2012

Columbia Regional Airport passenger traffic, 2000-2012 [infographic]

Simon_sees Flickr

Since 2000, airlines have come and gone at Columbia Regional Airport (COU), changing in the number of passengers passing through the airport. This graph shows the total number of passengers who arrived or departed on commercial aircraft at COU since 2000.

Click on a letter to see which airlines came or went at that particular time.  All numbers and events took place during the month listed, although the graph will denote that time as the first of the month.  Use the scrollbar at the bottom to change the view of the graph.

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