Missouri Department of Economic Development

Politics
5:12 pm
Tue April 8, 2014

Governor Nixon announces comprehensive statewide energy plan

Credit File Photo / KBIA

  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.

The Missouri Department of Economic Development’s Division of Energy will lead the initiative to develop the energy plan.

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.

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Business
8:18 am
Wed March 19, 2014

Roofing company to build plant in Moberly, Mo.

Storefronts in Moberly, Mo.
Credit KBIA

A leading shingle manufacturing company says it will build a new production facility in the central Missouri town of Moberly.

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Business
5:23 pm
Wed November 27, 2013

Columbia bio tech start-up to expand, could create 50 jobs in 5 years

The expansion of a bio technology start-up company in Columbia is expected to create 50 new jobs within five years. Nanova Biomaterials, Inc.’s expansion includes $1.5 million in capital investment.

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.

Business
3:09 pm
Tue November 19, 2013

Report shows declines in Mo. unemployment rate

Credit ForwardSTL

Newly released figures show Missouri's unemployment rate declined in September and October and now stands at 6.5 percent.

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.

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.

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Business
8:48 am
Thu October 3, 2013

Mo. transition team helps RR Donnelley’s newly unemployed

Jefferson City
Credit localozarkian / flickr

Jefferson City based company RR Donnelley laid off close to 500 employees Tuesday after announcing the layoff in August.

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Politics
3:30 pm
Tue October 1, 2013

Mo. Gov. Nixon names new legislative director

Credit Photo courtesy of the Office of Gov. Jay Nixon

Missouri Gov. Jay Nixon has selected a new top legislative aide, tapping an official from the state's economic development agency.

The governor's office said Tuesday that Jason Zamkus will be Nixon'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.

Zamkus had been the deputy director of the state Department of Economic Development. He also was the agency's liaison to the state Legislature.

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Politics
3:25 pm
Tue October 1, 2013

State hires former Jefferson City administrator

Credit Missouri Department of Tourism / Missouri Department of Tourism

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.

The Jefferson City News Tribune reported Tuesday that Nathan Nickolaus started work as the state agency's general counsel. The department's current general counsel is leaving for private practice. Nickolaus says he is excited about the job. He previously was Jefferson City's attorney.

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Politics
8:01 am
Mon September 2, 2013

Mo. authorizes $7M of tax credits before deadline

Republicans in the Missouri Senate want to make sure the governor doesn't create a health care exchange without their consent.
Jacob Fenston KBIA

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.

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Politics
5:46 pm
Thu July 25, 2013

Audit Of Mo. Technology Corporation Cites Lack Of Documentation For Admin. Costs

Marshall Griffin/St. Louis Public Radio

Originally published on Mon July 29, 2013 6:44 am

A state-run nonprofit corporation needs to improve its transparency, according to an audit released Thursday.

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Business
5:24 pm
Tue July 16, 2013

Missouri's unemployment rate increases despite job growth in June

Missouri's unemployment rate increased slightly even though businesses added thousands of jobs in June.

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Politics
5:19 pm
Tue December 18, 2012

Missouri unemployment rate hits 49-month low, but there's a catch

via Flickr/KellyB.

Originally published on Wed December 19, 2012 6:11 am

Missouri’s unemployment rate is now at its lowest point in four years.

November’s jobless rate is at 6.7 percent, down from 6.9 percent in October.  At the same time, though, the state lost 6,800 non-farm jobs last month.  John Fougere is with the Missouri Department of Economic Development.

“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.  "Right now the overall trend of Missouri’s economy appears to be positive.”

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Business
8:13 am
Fri December 14, 2012

Judge denies Mamktek CEO lower bond

Flickr steakpinball

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.

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Business
11:46 am
Thu November 29, 2012

Former Hostess employees get help in job search

Hostess Twinkie
Jenn Durfey FLICKR

The State Rapid Response Team is assisting former Hostess employees in Mid-Missouri get back to work.

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Business
3:17 pm
Tue November 13, 2012

Missouri unemployment rate remains below national average

401K Flickr

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.

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Business
8:18 am
Thu October 18, 2012

43 new jobs coming to Holts Summit within the next few years

Bigstock image

Pro Food Systems Inc. is planning to add 43 jobs within the next five years at its operation in Holts Summit.  The new headquarters will have three components: a breading and blending facility, a logistics service center and print companies.  The company said it will invest $6 million dollars into the new headquarters.

Missouri Department of Economic Development Spokesperson John Fougere said the Department used tax credits and other incentives to encourage Pro Food Systems into expansion.

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Politics
4:39 pm
Mon July 2, 2012

Mo. job incentive program comes up short

Tom Schweich
State of Missouri

A new audit says Missouri officials have overstated the economic impact of the state's main job incentive programs.

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.

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.

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Business
4:46 pm
Wed June 27, 2012

Columbia business incubator awarded tax credits

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.

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Business
5:59 pm
Tue June 12, 2012

Missouri payroll jobs fall by 7,300 in May

Missouri officials say the state lost about 7,300 non-farm payroll jobs in May, even as the state's unemployment rate was unchanged at 7.3 percent.

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Education
9:22 am
Thu June 7, 2012

Youth mentoring group Big Brothers Big Sisters of Central Missouri to benefit from state tax credits

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. Big Brothers Big Sisters of Central Missouri received $102,782 in state tax credits under the Department of Economic Development’s Youth Opportunities Program.

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Business
5:39 pm
Wed June 6, 2012

Missouri's economy lagged nation's in 2011

Missouri’s Gross Domestic Product growth was stagnant in 2011. That’s according to a new report released Tuesday by the federal Bureau of Economic Analysis, or BEA.

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