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Department of Economic Development
Jay Nixon, Governor
Mike Downing, CEcD Director
Department of Economic Development awards $327,163 in Youth Opportunity Tax Credits
The Missouri Department of Economic Development (DED) approved two Missouri not-for-profit organizations for a total of $327,163 in tax credits under the Youth Opportunities Program (YOP).
June 25, 2015
World Wide Technology continues to expand in St. Louis, anticipating an additional 340 new jobs over 2015-2016
St. Louis, MO — The Missouri Department of Economic Development (DED) today announced that World Wide Technology (WWT) will expand its presence in St. Louis through the acquisition of mobile app and software company, Asynchrony Labs. The company has integrated 250 personnel to operate WWT Asynchrony Labs and will create an additional 100 new high-paying jobs over the next two years to further supp
June 23, 2015
Financial Services Company to open office in Kansas City and create 18 professional jobs
Kansas City, Mo—The Missouri Department of Economic Development (DED) today announced that Ameritas Investment Corp., an affiliate of Ameritas Life Insurance Corp. (Ameritas), has opened a public finance office in Kansas City and will create 18 new jobs within two years.
June 18, 2015
Springfield manufacturer expands facility and plans to create 65 new jobs
Springfield, Mo—The Missouri Department of Economic Development (DED) announced Digital Monitoring Products’ (DMP) plans to expand its Springfield operations, creating 65 new jobs in the area. The company’s expansion is associated with a $7 million capital investment at its facility in Springfield’s Partnership Industrial Center.
June 17, 2015
Department of Economic Development announces Small Business Incubator Tax Credits to eight incubators
JEFFERSON CITY – The Missouri Department of Economic Development (DED) today announced that eight Missouri small business incubators have been approved for a total of $500,000 in state tax credits under the Small Business Incubator Tax Credit program (Incubator). The applicants have committed $1 million in local investment.
June 17, 2015
DED releases May 2015 Jobs Report
Jefferson City, Mo. – According to seasonally adjusted data released today by the Missouri Department of Economic Development, Missouri’s nonfarm payroll employment grew by 6,600 jobs in May, while the state’s unemployment rate edged up one-tenth of a point to 5.8 percent.
June 16, 2015
St. Louis Attracts Third Israeli Agtech Company in Seven Months
ST. LOUIS – June 5, 2015 – BioSTL, the St. Louis organization advancing regional prosperity by cultivating the bioscience and innovation ecosystem, announced that Israeli agtech company Forrest Innovations has selected St. Louis as the location of its U.S. headquarters. The company’s decision represents the third success in seven months for BioSTL’s initiative targeting Israeli companies for recru
June 05, 2015
8760 Service Group expands in Sedalia, creating 40 plus new jobs
SEDALIA, Mo.—The Missouri Department of Economic Development (DED) today announced that 8760 Service Group, a local manufacturer, will increase its workforce and relocate to a larger facility in Sedalia, making this their corporate headquarters. The company’s expansion project includes a $4 million capital investment and is expected to create in excess of 40 positions within the next year.
June 05, 2015
Henderson Products expands to Fulton, creating up to 30 new jobs
The Missouri Department of Economic Development (DED) announced that Henderson Products will open a new facility in Fulton’s industrial park.
June 01, 2015
Department of Economic Development awards $500,000 in CDBG funding to Big Lake
The Missouri Department of Economic Development (DED) approved $500,000 in Community Development Block Grant (CDBG) funds to assist the Village of Big Lake repair damage from recent flooding.
June 01, 2015
Sunshine Law Policy
Governor Jay Nixon