Press Releases
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.
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 capabilities to serve a broader geographic footprint and deliver custom-molded products for a wider range of customers.