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The Freightway

St. Louis-based aerospace manufacturer acquires Connecticut firm

2 years 10 months ago

This article originally ran in the St. Louis Business Journal on October 24, 2022.  Essex Industries, a St. Louis-based aerospace and defense manufacturer, is expanding through an acquisition that will add to its footprint on the East Coast. Essex said Monday it is purchasing Seymour, Connecticut-based manufacturer Precision Aerospace Inc. (PAI) Financial terms of the deal, scheduled to close Monday, were […]

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Matt Fernandes

Food service packaging and janitorial supplier opens new logistics hub in Hazelwood

2 years 10 months ago

This article originally ran in the St. Louis Business Journal on October 24, 2022.  Imperial Dade, a distributor of food service packaging and janitorial supplies, has opened a new logistics hub in Hazelwood, where it plans to consolidate its St. Louis-area operations. This facility is at 1555 Tradeport Drive, Suite 100, in the Hazelwood TradePort industrial park, which is owned by […]

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Matt Fernandes

New Crystal City plant caps series of big job wins for Missouri

2 years 10 months ago

This article originally ran on STLTODAY.com on October 20, 2022.  Gov. Mike Parson capped a noteworthy week in new job announcements in the state Thursday as he and other economic development officials unveiled a large-scale industrial project in Crystal City. Financed in part through more than $22 million in taxpayer-backed incentives from the state and Jefferson County, the project first reported […]

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Matt Fernandes

Tesla to Open Massive Warehouse in Metro East

2 years 10 months ago

This article originally ran in the St. Louis Post-Dispatch on October 17, 2022.  Electric car manufacturer Tesla has plans to open a massive warehouse south of Interstate 270 in the Metro East. The company signed a lease for nearly 667,000 square feet of space at Gateway TradePort, a planned industrial park in Pontoon Beach, according to a market report from […]

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Jerry Vallely

$39 Million In Marine Highway Grants Awarded

2 years 11 months ago

This article originally ran in The Waterways Journal on October 7, 2022.  The U.S. Department of Transportation’s Maritime Administration announced October 6 that it has awarded nearly $39 million in grants to 12 marine highway projects across the nation under the America’s Marine Highway Program (AMHP)—including some important inland waterway projects. Many of the projects build up infrastructure for container-on-barge operations. […]

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Matt Fernandes

St. Louis startup developing self-driving railcar expands to new HQ

2 years 11 months ago

This article originally ran in the St. Louis Business Journal on October 4, 2022.  A St. Louis startup developing an autonomous, zero-emissions railcar has expanded into a new headquarters locally, a move that comes as it prepares to deliver its first units to customers next year. The startup, Intramotev Inc., has moved into a new headquarters at 4350 Semple Ave. in […]

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Matt Fernandes

East Central College to Host Manufacturing Day Oct. 6

2 years 11 months ago

This article originally ran on EastCentral.edu on September 22, 2022.  East Central College is inviting local manufacturers and community members to its Business and Industry Center (BIC) to showcase the college’s career-ready programs and state-of-the-art equipment. Manufacturing Day is slated for Thursday, Oct. 6, from 4-6 p.m., and members of the community, and manufacturing employers and employees alike, are invited to […]

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Matt Fernandes

A new mode of shipping aims to ease supply-chain pains and breathe new life into our rivers

2 years 11 months ago

This article originally ran in St. Louis Magazine on September 26, 2022.  Take a riverboat cruise with Caitlin Murphy and she’ll geek out—and not about the typical touristy sites along the river. While you’re pointing out the Arch like a townie, the 35-year-old CEO of Global Gateway Logistics is eyeing the grain augers and the barges that are loaded with corn, […]

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Matt Fernandes

St. Louis area trucking firms gain drivers in 2021, bucking national trends

2 years 11 months ago

This article originally ran in the St. Louis Business Journal on September 26, 2022.  It’s no secret the trucking industry is struggling. In 2021, the American Trucking Associations (ATA) reported that the trucking industry was short more than 80,000 drivers, a historic high. But St. Louis companies that responded to a Business Journal survey seem to have it figured out, reporting […]

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Matt Fernandes

Belleville to see expansion of tool and die plant

2 years 11 months ago

This article originally ran in the Belleville News-Democrat on September 22, 2022.  Belleville City Council has entered into development agreements that will lead to big changes on two city blocks. One involves a $4.5 million expansion of the Chelar Tool & Die manufacturing plant. The other involves demolition of a home and former bakery building to increase parking space for BelleVegas […]

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Matt Fernandes

4 companies ink deals as demand grows for St. Louis-area warehouses

2 years 11 months ago

This article originally ran in the St. Louis Post-Dispatch on September 16, 2022.  Four companies have signed deals for warehouses not yet built in Hazelwood, underscoring the rising demand for — but short supply of — St. Louis-area industrial space. The warehouses, which are expected to be complete later this month, are at Aviator Business Park, an industrial complex built on […]

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Matt Fernandes

St. Louis-led partnership wins $80M federal grant to develop ‘climate-smart’ agriculture production

2 years 11 months ago

This article originally ran in the St. Louis Business Journal on September 16, 2022.  A partnership group led by Crestwood-based renewable energy producer Roeslein Alternative Energy won an $80 million federal grant to fund development of so-called “climate-smart” agriculture production. RAE and 13 public and private entities received the funding from the U.S. Department of Agriculture’s Partnerships for Climate-Smart Commodities program, […]

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Matt Fernandes

Department of Labor awards $5.8 million grant to Madison County and the region to be a part of the Apprenticeship Building America program

3 years ago

This article originally ran on RiverBender.com on September 13, 2022.  The U.S. Department of Labor awarded Madison County and the St. Louis region workforce innovation areas a four-year,$5.8 million grant to be a part of the Apprenticeship Building America program. “We are thrilled with this announcement from the Department of Labor to be able to launch the Gateway Registered Apprenticeship Programs […]

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Matt Fernandes

Grand Reopening Celebration Marks Completion of New Merchants Bridge

3 years ago

Delivery of region’s highest priority infrastructure project will double volume of freight that can move through middle America The 133-year-old Merchants Bridge celebrated its official grand reopening September 15, following the completion of a landmark $222 million project to replace the vital artery that links Missouri and Illinois near downtown St. Louis. Dating back to the 1890s, the Merchants Bridge […]

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Lindsey

Record Construction Fuels Industrial Market Activity in St. Louis Region

3 years ago

This article originally ran on RebusinessOnline.com on September 8, 2022.  Modern bulk distribution buildings under construction in the St. Louis region hit a historic high earlier this year, approaching 8 million square feet. The record level of construction illustrates the industrial real estate market in the southwestern Illinois and eastern Missouri region continues to expand to meet ever-increasing demand as world […]

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Matt Fernandes

Wisconsin beef producer begins work on $800M St. Louis-area facility

3 years ago

This article originally ran in the St. Louis Business Journal on September 13, 2022.  American Foods Group, a Green Bay, Wisconsin-based beef processor, has begun work on a new facility near Wright City in Warren County. The company, which announced plans for the facility in November last year, is investing $800 million in the new 775,000-square-foot beef processing plant, officials said […]

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Matt Fernandes

St. Peters business park welcomes newest distributor, projects $600 million in total investment by 2024

3 years ago

This article originally ran on KMOV.com on September 12, 2022.  ST. PETERS, Mo. (KMOV) – Nearly $600 million in investment and subsequent tax revenue is coming to St. Peters, as the Premiere 370 business park expands to include new distributors. The 850-acre business park can be seen from Highway 370 in St. Charles County, and while it may not get much […]

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Matt Fernandes

$112M warehouse development approved in St. Louis County

3 years ago

This article originally ran in the St. Louis Business Journal on September 6, 2022.  A warehouse developer is planning another industrial park in St. Louis County, this time with three new buildings on 90.95 acres. Kansas City-based NorthPoint Development received zoning approval Thursday from the Maryland Heights City Council for River Valley Commerce Center, a development of three large warehouses […]

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Jared Haynes

St. Louis region wins $25M federal grant for advanced manufacturing projects

3 years ago

This article originally ran in the St. Louis Business Journal on September 2, 2022.  The St. Louis region has won a $25 million federal grant for several advanced manufacturing industry projects, including construction of a center in north St. Louis that backers say will become the hub of a “regional tech triangle.” “One voice with one plan led to a big win […]

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Jared Haynes

GM investing $1.5B in new trucks built at Wentzville plant

3 years ago

This article originally ran on Fox2Now.com on August 18, 2022.  General Motors is investing $1.5 billion to build its next-generation midsize pickup truck at the Wentzville Assembly plant. On Thursday, the company offered a look at its new Chevy Colorado and GMC Canyon trucks. GM currently employs more than 4,000 people at its Wentzville plant. It’s bringing the next generation of […]

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Matt Fernandes