Press Releases
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 help recipient incubators leverage $688,030 for capital and other non-operating expenditures to support business creation statewide.
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 effects of COVID-19. Funded project types include broadband development, infrastructure improvements, public facility construction, and more.
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 increased operations at the facility owned by the company, which has had a presence in the state’s capital for 50 years.
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 redevelop an existing downtown location.