Springfield, MO

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Open for Business: Potts Law Firm

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Potts Law Firm
Houston-based Potts Law Firm opened a Springfield office Jan. 1 at 3432 Culpepper Court, Ste. A. Partner Eric Jensen was appointed as managing partner of the local office, the firm’s seventh. Others span from Albuquerque, New Mexico, to Orlando, Florida. Jensen has 23 years of experience, including 14 years at O’Reilly & Preston LLC, where he left as partner in 2014. At Potts Law, Jensen practices personal injury, product liability and insurance law, as well as consumer class action cases. “That’s one of the main reasons I joined the firm, the manpower to take on those types of cases,” he said. Jensen previously worked out of the Kansas City, Kansas, office and travels back there and to the Texas headquarters a couple times a month. Jensen signed a one-year lease with landlord John Pratt for an undisclosed flat fee. He and an assistant occupy about 1,200 square feet and share meeting areas with the staff at Pratt and Grisham LLC. Potts Law, founded by Derek Potts, employs 50 firmwide, Jensen said.
Hours: 8:30 a.m.-5 p.m. Monday through Friday
Phone: (417) 238-0889

Southern Bank
Poplar Bluff-based Southern Missouri Bancorp Inc. (Nasdaq: SMBC) completed a $15.1 million acquisition Feb. 23 of Marshfield-based Southern Missouri Bancshares Inc. Through the deal, one Southern Missouri Bank of Marshfield branch at 1292 Banning St. and a separate ATM converted to the Southern Bank brand. With the addition of the Marshfield institution’s nearly $92 million in assets and $74 million in deposits, SMBC now holds $1.8 billion in assets and $1.5 billion in deposits across roughly 40 Southern Bank branches in Missouri, Arkansas and Illinois. The 12 branches in the southwest Missouri region are led by Executive Vice President Justin Cox. Each share of Southern Missouri Bancshares held immediately prior to closing was exchanged for $98.05, plus 9.25 shares of SMBC common stock, according to a news release. Lowther Johnson Attorneys at Law LLC served as legal adviser to Southern Missouri Bancshares, the release said.
Hours: 8 a.m.-5 p.m. Monday through Friday and 8 a.m.-noon Saturday (lobby); 7 a.m.-6 p.m. Monday through Friday; and 7 a.m.-noon Saturday (drive thru)
Phone: (417) 859-1292

Copy Products Inc.
Copy Products Inc. co-founders Vernon and Toni Starks on Jan. 1 transferred ownership of the company to their daughter and son-in-law, Heidi and Eric Crane. Heidi has been active in the office equipment business since she was a teenager, and she’s currently chief financial officer, while Erik has worked as president since 1995. Terms of the transaction were not disclosed. The Starks credit the Cranes with expanding CPI’s commercial services to include digital signage, managed network and print services, and document management software. The Starks founded the company in 1963 as a traditional print shop in Iola, Kansas. The 55-employee company now operates offices in Springfield, Joplin and Mountain Home, Arkansas, as well as Iola, Pittsburg and Wichita, Kansas. Major brands sold include Toshiba, Hewlett-Packard and Konica Minolta. The Cranes plan to transition the name of the company to CPI Technologies.
Hours: 8 a.m.-5 p.m. Monday through Friday
Phone: (417) 889-5665


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