2013 - The Year in Business Expansions

Fifty-four companies last year announced business expansion plans using financial incentives through the Missouri Department of Economic Development.

The capital investment and job creation plans include big-ticket moves such as Monsanto’s $400 million investment in its Chesterfield Village Research Center outside St. Louis and the addition of 900 jobs by Ford in Kansas City and 400 jobs by Boeing in St. Louis.

Closer to home, nine announcements sprung from companies in southwest Missouri, roughly 17 percent of the statewide tally. The DED notes some companies that received incentives in exchange for meeting capital and job expansion criteria did not publicly announce their plans, and the list does not include companies expanding independently of DED incentives.

The local plans announced by the Missouri DED in 2013, alphabetically by company, location, jobs and investment:

•  Air Medical Group Holdings, West Plains, 20, $1.4 million

• CD Aviation Services, Joplin, none, $400,000

•  Covington Retail Partners, Republic, 32, $1.73 million

•  Express Scripts, Joplin, 100, $960,000

•  Leggett & Platt, Carthage, 12, $5.1 million

•  Marine Electrical Products, Lebanon, 15, $749,000

• Salon Service Group, Springfield, 10, $4.18 million

• Stainless Technology, Springfield, 88, N/A

• Watson Metal Masters, Republic, 77, $4.8 million

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