Press Releases
Phoenix Manufacturing, an industrial manufacturing and fabrication company, announced today that it will expand in Glasgow, investing more than $1.1 million and creating 14 new jobs. The company’s expansion includes the addition of new equipment to enhance its quality initiatives and increase hiring.
The Department of Economic Development (DED) announced today that Tyler Trusk will serve as its new Deputy Director for the Division of Business Opportunities, which facilitates regional economic growth by addressing economic development challenges with a combination of subject matter expertise, program administration, and innovative problem-solving.
Sentio BioSciences, a vertically integrated pharmaceutical manufacturer for new and generic drugs, announced today that it will expand in Maryland Heights, investing more than $10.6 million and creating 58 new jobs. The company’s expansion will increase its capacity for the domestic manufacturing of generic medicines, including key starting materials, Active Pharmaceutical Ingredients (API), and
The Department of Economic Development (DED) announced today that it will award more than $5.9 million in 50% tax credits to 37 organizations throughout Missouri through the Youth Opportunities Program’s (YOP) 2025 cycle.