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Family Business Profile: New ownership eyes growth as Atlas Iron Works hits century mark

2 years ago
Kenton Klein’s decision to become a fourth-generation owner of St. Louis steel fabrication company Atlas Iron Works wasn’t part of a succession plan. As his father, Dick Klein, ran Atlas as the third-generation owner, Kenton Klein forged his own entrepreneurial path, launching and operating IT company Healthy PC. But in recent years, as Dick Klein approached retirement, Kenton Klein says his “heartstrings started pulling” as he considered the future of the century-old firm. Today, Klein…
Nathan Rubbelke

St. Louis, O'Fallon consider 3% sales tax on recreational marijuana

2 years ago
The cities of St. Louis and O’Fallon, Missouri, are considering a 3% sales tax on recreational marijuana, that’s in addition to the state's 6%. St. Louis Ward 12 Alderman Bill Stephens said the money from the sales tax would go into the general fund. "I think we're all aware of the declining population of the city. That means a shrinking tax base. So I think in a lot of ways, this 3% tax could absolutely be a much-needed lifeline for the city's operations,” Stephens said. If the Board of…
Laura Barczewski, KSDK