YOUR BUSINESS AUTHORITY
Springfield, MO
The Trump administration plans to take a 10% stake in USA Rare Earth, sources familiar with the matter told Reuters.
The stake is reportedly part of a $1.6 billion debt-and-equity investment package.
The sources said USA Rare Earth would use the financing package to help develop a domestic mine and magnet facility.
Read more from Reuters.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Eric Schmitt introduces Modern Skies Act
Caterpillar to acquire John Fabick Tractor Co.
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach