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The Freightway

NorthPoint Development proposes $236M industrial park in Wildwoodā€™s section of Chesterfield Valley

2 years 10 months ago

This article originally ran in the St. Louis Business Journal on January 7, 2022 NorthPoint Development hopes to build a $236 million industrial park on 235 acres in the Chesterfield Valley, within the city limits of Wildwood. In a presentation given Thursday night to the Wildwood Planning and Development Committee,Ā Wakeel Rahman, vice president of acquisitions for Kansas City-based NorthPoint, said […]

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Lindsey

Free Supply Chain Training in the Metro East

2 years 10 months ago

Is your company involved in Supply Chain and Logistics? Do your front-line employees need training for advancement? Madison County Employment and Training and St. Clair Intergovernmental Grants have received a federal grant to train local employees at no cost in a 9 county region starting in January 2022. The training will be conducted by SIU Edwardsville, Lewis & Clark Community […]

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Lindsey

St. Louisā€™ industrial market is going strong. But this investor says itā€™s gotten more competitive.

2 years 10 months ago

This article originally ran in the St. Louis Business Journal on December 28, 2021 St. Louis is undervalued as an industrial real estate market, a segment that’s trending up and with favorable capitalization rates. That’s whatĀ Alfredo Gutierrez, president and founder of Houston-based industrial investor SparrowHawk Real Estate Strategies, has been saying for years. Gutierrez recently spoke with the Business Journal […]

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Jared Haynes

Infrastructure bill will enhance regionā€™s freight network

2 years 10 months ago

Bi-State Development EVP of Multi Modal Enterprises Mary Lamie’s commentary originally ran in the Edwardsville IntelligencerĀ on December 21, 2001 The new federal infrastructure bill recently signed into law paves the way for historic investment in our nationā€™s core infrastructure priorities ā€“ including roads and bridges, rail, transit, ports, airports, as well as the electric grid, water systems and broadband. The […]

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Jared Haynes

APH Seeking Bids For Container Vessels

2 years 10 months ago

This story originally ran in the Waterways Journal on December 22, 2001 Sal Litrico, CEO of American Patriot Container Transport LLC (APCT), made a long-awaited announcement December 17 at a press event in Herculaneum, Mo. Litrico, whose company is developing the patented new vessels that will carry containerized cargo along the Mississippi, Illinois and Missouri rivers, revealed that APCT has […]

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Jared Haynes

300 New Jobs Moving to Hazelwood Facility

2 years 11 months ago

This story originally ran on KTVI Fox2Now on December 16, 2001 A St. Louis-based company is relocating its Canadian-based fruit and nut manufacturing facility to Hazelwood. 8th Avenue Food & Provision will be bringing more than 300 new jobs to the St. Louis area. 8th Avenue Food & Provisions, Inc. made the announcement Thursday that the 250,000-square-foot Hazelwood plant will […]

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Jerry Vallely

St. Louis Advanced Manufacturing Proposal Named Finalist in $1 Billion Federal ā€œBuild Back Better Regional Challengeā€

2 years 11 months ago

ā€œRegional Tech Triangleā€ plan secures $500,000 planning grant; in running for up to $100 million A proposal by a broad, bi-state regional coalition, including Greater St. Louis, Inc., to develop a new ā€œRegional Tech Triangleā€ has been named a finalist in the U.S. Economic Development Administrationā€™s ā€œBuild Back Better Regional Challenge,ā€ part of the federal governmentā€™s plan to boost economic […]

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Lindsey

Farmers Offer $1 Million To Help Move Lock And Dam 25 Project Forward

2 years 11 months ago

This article originally ran in the Waterways Journal on December 3, 2021. A group of farmer-funded and farmer-led organizationsā€”including the United Soybean Board, the Soy Transportation Coalition, the Illinois Soybean Association, the Iowa Soybean Association, the Iowa Corn Promotion Board, the Minnesota Soybean Research and Promotion Council and the Missouri Soybean Merchandising Councilā€”have partnered and offered $1 million to help […]

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Jared Haynes

Amazon to open new facility in Metro East, helping owner fill vacant warehouse

2 years 11 months ago

This article originally ran in the St. Louis Business Journal on December 10, 2021. Amazon will open a new facility in the Metro East, one of two tenants that signed leases to fill 500,000 square feet in a warehouse within 45 days, in the latest sign ofĀ St. Louis’ red-hot industrial market. The Seattle-based e-commerce giant confirmed to theĀ Business JournalĀ that it […]

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Jared Haynes

Israeli company opens $18M facility in St. Louis to produce plant-based meat substitutes

2 years 11 months ago

This article originally ran in the St. Louis Business Journal on December 2, 2021. An Israeli publicly traded company with its North American headquarters in St. Louis opened an $18 million production facility Thursday focused on producing ā€œalternative protein,ā€ or plant-based substitutes that look and taste like meat. Israel Chemicals Ltd., more commonly known as ICL (NYSE: ICL), is a […]

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Jared Haynes

Solution to Americaā€™s supply chain woes could lie with the Mississippi River

3 years ago

This article and video originally ran by FOX 2 on November 15, 2021. FOX 2 has learned a solution to the supply chain shortage may lie, in part, on the Mississippi River. Thereā€™s a new plan to send shipping containers from the Panama Canal, through the Gulf of Mexico, and into a port in Jefferson County about 30 miles south […]

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Jared Haynes

Get an exclusive look at cargo shipping at St. Louis Airport

3 years ago

This article and video originally ran FOX 2 on November 15, 2021. Itā€™s the story of a sleeping giant starting to wake up again. Air cargo business is soaring at St. Louis-Lambert International Airport, fueled by shoppersā€™ demands for more packages, more quickly, and a realization by shipping companies that St. Louis is a good place to get it done. […]

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Jared Haynes

T1 and counting: Boeing project bolsters future of MidAmerica

3 years ago

This article originally ran in the October 2021 edition of the Illinois Business Journal. A Mascoutah field is quickly giving way to ground-level clearance for one of the U.S. Navyā€™s newest ventures. All eyes will be on in the skies in three years when The Boeing Company completes a $200 million investment to build a state-of-the-art facility to produce the […]

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Jared Haynes

Merchants Bridge passes key construction milestone

3 years ago

Photo Credit: Walsh Construction and Trey Cambern Photography This article originally ran in the October 2021 edition of the Illinois Business Journal. Viewed from above, the reconstruction of the Merchants Bridge is an awesome spectacle of steel and concrete construction. Seen from the Mississippi River, itā€™s a riveting reminder of just how significant the rail project is to American commerce. […]

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Jared Haynes

Railroad jobs target of regional campaign

3 years ago

This article originally ran in the October 2021 edition of the Illinois Business Journal. Union Pacific Railroad and a Metro East economic development group are pursuing efforts to fill railroad jobs open now and in coming years. Leadership Council of Southwestern Illinois has been awarded a grant to send that message to students from the middle school on up in […]

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Jared Haynes

A River Runs Through It: Is an inland waterway our future?

3 years ago

This article originally ran in the Supply Chain Management Review on November 11, 2021. It does take a leap of imagination (and a leap of faith) and will require investments from some large global shippers as early adopters. However, there is already some support for the idea, as some large importers have begun to use multiple container ports around North […]

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Jared Haynes

Boston REIT buys two Metro East warehouses for $75 million

3 years ago

This article originally ran in the St. Louis Business Journal on November 11, 2021. A Boston industrial real estate investment firm has purchased two more industrial warehouses in the St. Louis region for $75.1 million. Plymouth Industrial REIT (NYSE: PLYM) bought 1.1 million square feet of industrial space in the Gateway Commerce Center in the Metro East in October, said […]

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Jared Haynes

ā€˜The market has been on fireā€™: Competition for St. Louis industrial property heats up

3 years ago

This article originally ran in the St. Louis Post-Dispatch on November 11, 2021. In October, Alfredo Gutierrez closed on a dealĀ that he had never seen in his 30 years in commercial real estate. The founder of SparrowHawk, a Houston-based investor of industrial properties, worked out a bargain where a tenant agreed to move out of his company’sĀ Sauget warehouse months early […]

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Jared Haynes

Metal coating company expands Granite City manufacturing site due to higher steel demand

3 years ago

This article originally ran in theĀ St. Louis Business Journal on November 2, 2021. The largest independent metal coil coater in North America, based in St. Louis with 13 factories nationwide, is expanding its Granite City manufacturing site by 53,000 square feet to meet the higher demand for steel. Town and Country-based Precoat Metals, which coats and paints a range of […]

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Jared Haynes

From cars to candy, the worldā€™s supply chains are snarled

3 years ago

This article originally ran in theĀ St. Louis Post-Dispatch on November 4, 2021. Snarled global supply chains are putting stress on companies large and small. Automakers have curtailed production because they canā€™t get electronic components. Industrial giant Emerson said Wednesday that logistics and labor constraints reduced its fourth-quarter revenue by $175 million. Shortages began in 2020 as a COVID-19 story: As […]

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Jared Haynes