Press Releases
State awards more than $3.7 million in ARPA funding to help revitalize northern Missouri communities
The Department of Economic Development (DED) announced today that it has awarded a total of more than $3.7 million through the second round of the Community Revitalization Grant Program for six projects in northern Missouri. The program, funded through the American Rescue Plan Act (ARPA), is focused on investing in communities of all sizes to support local priorities, encourage economic recovery
Capital Railroad Contracting, a Missouri-based railroad construction company, announced today that it will expand in Park Hills, investing $2 million and creating 45 new jobs in the state. The company’s expansion includes the construction of a new facility for its eastern region operations.
The Department of Economic Development (DED) announced today that it will award more than $6 million in 50% and 70% tax credits through the Neighborhood Assistance Program (NAP) to 30 organizations for community development projects statewide.
The Department of Economic Development (DED) is proud to have partnered with 11 companies throughout Fiscal Year 2023 to assist them with expansion and job creation that is helping Missourians prosper in the St. Louis region. In total, the companies are investing approximately $91 million and creating up to 704 jobs.