Press Releases
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.
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 CCI was acquired by Bayer, while Kansas City’s PayIt received a $90 million growth investment from Macquarie
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 research and development.
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 demand for dog and cat treats.