Department of Economic Development | St. Louis Public Radio

Department of Economic Development

Melody Walker|St. Louis Public Radio

Missouri Gov. Mike Parson outlined two priorities to drive the state’s economy during an appearance in St. Louis on Wednesday: workforce development and infrastructure.

The governor spoke at the Donald Danforth Plant Science Center following an all-day summit convened to focus on the two issues. Parson urged the gathering of business and education officials from around the state to work together to prepare tomorrow’s workforce and to vote in November.

This article first appeared in the St. Louis Beacon, Nov. 16, 2011 - Gov. Jay Nixon says he plans to move swiftly to find a replacement for Missouri Economic Development Director David Kerr, who will be leaving his post as of Dec. 31.

Kerr has headed the department since November 2009. According to Kerr's statement, he wants to spend more time with his family "after well over 35 years in the public and private sectors."

Krewson: St. Louis putting together proposal to bring Amazon here

Sep 7, 2017
Amazon shipping center in Edwardsville
File photo | Jo Mannies | St. Louis Public Radio

St. Louis Mayor Lyda Krewson says the region is planning to make a “competitive bid” to bring Amazon’s second headquarters here.

The company said Thursday that it will spend more than $5 billion to build another headquarters in North America to house as many as 50,000 employees. It plans to stay in its sprawling Seattle headquarters and the new space will be "a full equal" of its current home, said founder and CEO Jeff Bezos.

Marshall Griffin/St. Louis Public Radio

A state-run nonprofit corporation needs to improve its transparency, according to an audit released Thursday.

KellyB. | Flickr

Missouri's unemployment rate dropped to its lowest point in nearly four years - good news for incumbent Jay Nixon with the election three weeks away.

The state Department of Economic Development announced this morning that the rate is 6.9 percent - down three-tenths of a point from August, and nearly three points below its recession-era peak in August of 2009.

The state says companies added 2,500 jobs in September, bringing the total number of new jobs this year to 24,700.

Nixon applauded the numbers in a statement:

(Marshall Griffin/St. Louis Public Radio)

A state audit released today says that the Missouri Department of Economic Development (DED) could have done a better job of screening applicants for tax credits for the failed Mamtek project in Moberly.

Two years ago the small northeast Missouri town issued $39 million in bonds to get the company to build an artificial sweetener plant.  Mamtek later missed a bond payment and construction halted, and Moberly’s bond rating was downgraded as a result.  State Auditor Tom Schweich (R) said the due diligence procedures used by the DED were woefully inadequate.

Hall resigns as Mo. Dept. of Economic Development as confirmation deadline expires

Feb 2, 2012
(via Gov. Nixon's office / video screen capture)

Updated 1:49 p.m. with additional information from the Associated Press on other failed appointments.

Missouri Gov. Jay Nixon announced this morning that Jason Hall, Nixon's nominee to be the new director of the Missouri Department of Economic Development, has resigned.

This article first appeared in the St. Louis Beacon, Feb. 2, 2012 - Gov. Jay Nixon's embattled choice to lead the Department of Economic Development is stepping aside amid the Missouri Senate's decision not to vote on his nomination.

Mo. senators scuttle nominee for economic director

Feb 1, 2012
(via Gov. Nixon's office / video screen capture)

Senate Republicans have scuttled Gov. Jay Nixon's nominee to direct the Missouri Department of Economic Development.

The Senate Gubernatorial Appointments Committee refused to vote Wednesday on confirming Jason Hall to head the department. Senate President Pro Tem Rob Mayer says he has no intention of bringing Hall up for a committee vote before the deadline to confirm him expires.

This article first appeared in the St. Louis Beacon, Feb. 1, 2012 - With the clock ticking, the Missouri Senate does not seem ready to act on Gov. Jay Nixon's choice to head up the state's Department of Economic Development.

The Democratic governor tapped attorney Jason Hall a few weeks ago to be his third economic development director, replacing David Kerr.

This article first appeared in the St. Louis Beacon, Dec. 31, 2011 - As he heads into his re-election bid, Gov. Jay Nixon has tapped a known quantity -- Jason Hall, executive director of the Missouri Technology Corporation -- to serve as the new director of the Missouri Department of Economic Development. Hall will handle economic development issues during the coming legislative session, the last before the November 2012 election.

(UPI/Bill Greenblatt)

Missouri  Gov. Jay Nixon has picked the head of the state-funded Missouri Technology Corp. to be the state's third economic development director in less than four year.

(Marshall Griffin/St. Louis Public Radio)

Two days of hearings are underway at the Missouri Capitol to explore why an artificial sweetener facility in Moberly never opened and why the small town’s bond rating took a hit.

The House Interim Committee on Government Oversight and Accountability is focusing on conflicting documents over the trustworthiness of the company Mamtek. Corey Mehaffy heads the Moberly Area Economic Development Corporation. He testified that the state Department of Economic Development never shared emails with the city revealing that a DED official could not verify whether Mamtek had a functioning plant in China.

Kerr stepping down as Mo. Economic Development Dir.

Nov 15, 2011
(Mo. Dept. of Economic Development)

The director of Missouri's Department of Economic Development is stepping down at the end of the year.

In a news release Tuesday from Gov. Jay Nixon, department director David Kerr cited a desire to spend more time with his family after working for 35 years in the public and private sectors. Nixon said he would move quickly to select a new director.

Kerr took office in November 2009.

Mo. jobless rate falls slightly to 8.7 percent

Oct 14, 2011
(via Flickr/KellyB.)

A new report says Missouri's jobless rate edged lower last month despite a net loss of jobs.

The state Department of Economic Development said Friday that seasonally adjusted unemployment fell by one-tenth of a point in September to 8.7 percent.

The agency also says Missouri had a net loss of 4,000 nonfarm jobs in September. The biggest losses were in retail trade, financial activities, professional and business services and government.

Jobs were added in other sectors, including health care and social assistance, which grew by 3,300 jobs.

This article first appeared in the St. Louis Beacon, Oct. 12, 2011 - Next week could be the last chance for Missouri lawmakers to pass an economic development bill in the special session of the Missouri General Assembly.

(via Flickr/KellyB.)

The unemployment rate in Missouri ticked down slightly last month, according to new data from the Missouri Department of Economic Development.

Missouri's rate last month was 8.8 percent, down from 8.9 percent in May 2011, and a sharp decrease from June 2010, when 9.2 percent of the state's citizen's were out of work.

The national rate for June stood at 9.2 percent.