Missouri Department of Economic Development Press Releases - EIN Presswire

Published on August 26, 2022 - 19:12 GMT

DED awards more than $17 million through the Community Development Block Grant Program to 40 communities for improvement projects

The Department of Economic Development (DED) announced today it will award more than $17 million to 40 communities through its Community Development Block Grant Program to assist with various improvement projects. “Strong infrastructure is fundamental to …

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Published on August 12, 2022 - 03:17 GMT

Value of Missouri Technology Corporation’s capital investments displayed through significant CoverCress, Inc., and PayIt ...

Two Missouri companies receiving significant early-stage investments from the IDEA Fund Co-Investment Program, CoverCress, Inc. (CCI), and PayIt, recently closed transactions that included buying out their investors. Sixty-five percent of St. Louis-based …

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Published on August 9, 2022 - 01:27 GMT

RANAR Screen Printing Equipment to relocate to Union

RANAR Screen Printing Equipment, Inc., a manufacturer of high-performance screen printing equipment, announced today it will relocate to Union. The project will add 8 new jobs to a 23,000-square-foot facility used for warehousing, manufacturing, and …

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Published on July 27, 2022 - 21:50 GMT

Mars Petcare to expand Kansas City manufacturing facility, investing $82 million and creating 95 new jobs

Leading pet food and products manufacturer Mars Petcare announced today it will invest more than $82 million to enhance its manufacturing facility in Kansas City, creating 95 new jobs. The expansion will increase the location’s production to meet rising …

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Published on July 25, 2022 - 22:26 GMT

EnviCor Enterprises to expand to Sikeston, investing $1.4 million and creating 25 jobs

EnviCor Enterprises, LLC, a privately-held manufacturer of rotationally molded plastic parts, announced today it will expand to Sikeston, investing $1.4 million and creating 25 new jobs. EnviCor’s new production facility in Sikeston will enhance its …

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Published on July 23, 2022 - 02:41 GMT

Department awards more than $8 million to nonprofits through the Neighborhood Assistance Program

The Department of Economic Development announced today that it will award more than $8 million in 50% and 70% tax credits through the Neighborhood Assistance Program (NAP) to 39 organizations for community development projects statewide. “We’re proud to …

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Published on June 29, 2022 - 22:17 GMT

Peerless Products to expand in Nevada, investing $3.5 million and creating 111 jobs

Windows and doors manufacturer Peerless Products, Inc., recently announced it will expand in Nevada, investing $3.5 million and creating 111 new jobs. Peerless’ expansion will increase the company’s production capacity at its existing Nevada facility used …

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Published on June 8, 2022 - 19:08 GMT

TC Transcontinental Packaging to expand in Clinton, creating 50 new jobs

TC Transcontinental Packaging, Inc., a leader in commercial printing and packaging, announced today that it will expand in Clinton, creating 50 new jobs. The expansion is TC Transcontinental Packaging’s second in two years and will further expand its food …

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Published on June 6, 2022 - 23:18 GMT

DED awards $344,015 in contribution tax credits to four small business incubators through the Small Business Incubator Tax Credit ...

The Missouri Department of Economic Development (DED) announced today that it will award four small business incubators a total of $344,015 in contribution tax credits through the Small Business Incubator Tax Credit program. The contribution credits will …

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Published on June 1, 2022 - 19:41 GMT

DED awards more than $41 million through Community Development Block Grant program to 41 communities for COVID-19 projects

The Department of Economic Development (DED) announced today it will award $41.2 million through its Community Development Block Grant COVID-19 (CDBG-CV) program to 41 Missouri communities to help them prevent, prepare for, and respond to the lasting …

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Published on May 24, 2022 - 22:07 GMT

Hitachi Energy to expand in Jefferson City, investing approximately $10 million and adding 75 new jobs

Hitachi Energy, a global technology leader serving the utility, industry and infrastructure sectors, announced today it will expand in Jefferson City, investing approximately $10 million and adding 75 new jobs. Hitachi Energy’s expansion will allow for …

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Published on May 24, 2022 - 15:33 GMT

Hillyard to expand in St. Joseph, investing more than $50 million and retaining more than 200 jobs

Hillyard, Inc. announced today it will expand in St. Joseph, investing more than $50 million and retaining more than 200 high-paying jobs in the area. The expansion of the leading manufacturer and distributor of cleaning and hygiene solutions will …

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Published on May 18, 2022 - 00:27 GMT

Missouri Community Service Commission to recognize volunteers at 20th annual Show Me Service Awards

The Missouri Community Service Commission (MCSC) announced today it will hold its annual Show Me Service Awards on Thursday, May 19, 2022, at 1 p.m. at the Missouri State Capitol in Jefferson City. The ceremony will mark the 20th year of the awards and …

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Published on May 17, 2022 - 19:21 GMT

Caruthersville selected for new Cargill soybean processing facility, bringing new market opportunities for Missouri farmers

Cargill, a global leader in food production and agricultural services, announced today that it will build a new soybean processing facility near Caruthersville in Pemiscot County. When complete, the new facility will be one of Cargill’s largest soy …

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Published on May 6, 2022 - 17:22 GMT

Doyle Equipment Manufacturing and Riverview Manufacturing expand in Palmyra, investing an estimated $1 million and creating 30 new ...

Doyle Equipment Manufacturing and Riverview Manufacturing, worldwide leaders in manufacturing dry fertilizer handling equipment, announced today they are expanding in Palmyra. This joint expansion brings an estimated $1 million investment, and 30 jobs, to …

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Published on May 3, 2022 - 21:59 GMT

Governor Parson, Lt. Governor Kehoe join DED during National Small Business Week to highlight importance of small businesses

The Department of Economic Development (DED) joins Governor Mike Parson and Lieutenant Governor Mike Kehoe this week to recognize National Small Business Week, May 2 through May 5, 2022, by highlighting the importance of Missouri’s small businesses. This …

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Published on May 3, 2022 - 21:59 GMT

Arlee Home Fashions expands in West Plains, opening second manufacturing facility and adding up to 80 new jobs

Arlee Home Fashions, a manufacturer of decorative home fashion and pet products, announced today that it will expand in West Plains, investing up to $300,000 and creating up to 80 new jobs. For 30 years, Arlee has maintained a presence in West Plains and …

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Published on May 2, 2022 - 21:42 GMT

DED awards $6 million in tax credits to 37 organizations through the Youth Opportunities Program

The Department of Economic Development (DED) announced today that it will award $6 million in 50% tax credits to 37 organizations throughout Missouri through the Youth Opportunities Program (YOP) during its 2022 cycle. “Missouri nonprofits and other …

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Published on April 27, 2022 - 01:26 GMT

Nestlé Professional USA expands in Trenton, investing $7.5 million and creating more than 30 jobs

Nestlé Professional USA announced today it is investing $7.5 million to expand its facility in Trenton, with plans to add more than 30 jobs. The expansion of the factory will enable the company to meet growing demand for products for the out-of-home market …

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Published on April 21, 2022 - 00:04 GMT

Department names Brandon Jenson as new Program Manager for Community Development Block Grant (CDBG) program

The Department of Economic Development (DED) announced today that Brandon Jenson will serve as Program Manager for the Community Development Block Grant (CDBG) program, effective April 19, 2022. “Brandon has already been a tremendous asset to DED through …

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