Economic News Articles

Building supply company expands 30,000 sq.ft., adding $3 million in capital investment

May 23, 2012

Arrowhead Building Supply, Inc., a distributor and wholesaler of exterior building supplies and materials, has announced today the expansion of a new 30,000 sq.ft. facility.In addition to the new facility, the Springfield community will benefit from the company’s anticipated $3 million in...

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Springfield, Missouri Unemployment Rate Drops Below 7%

Jan 05, 2012

The Bureau of Labor Statistics released November 2011 unemployment rate estimates, confirming the economic success the Springfield, Missouri metro area has seen in the last year.  Springfield metro area’s November unemployment rate dropped to 6.7%, down from 7.3% in October, and 8.5%...

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Springfield, Missouri ranked third among American cities for job growth

Dec 22, 2011

Researchers at 24/7 Wall St. recently named the top five American cities that have gained the most jobs from November 2010 – October 2011 using data obtained from the Bureau of Labor Statistics.  Springfield ranked 3rd with a job growth rate of nearly 5 percent, representing more than...

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Greene County (Springfield), Missouri, named in top five nationwide for economic strength

Dec 09, 2011

The core of the Springfield, Missouri region, Greene County, has been named fifth in the Top 10 Mid-Sized Counties in the nation in a newly created “Fourth Economy Community (FEC) Index”. Fourth Economy Consulting launched the new index highlighting communities ideally positioned...

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Now Available in Springfield, MO: 900,000+ Industrial Building

Nov 04, 2011

A 900,000+ sq. ft. industrial building is now available in Springfield, MO. Formally a Solo Cup manufacturing facility, the building is currently being vacated after after the announcement of its closing in 2009. This space totals 945,160 sq. ft. and is divisible to 729,160 sq. ft. for...

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Paul Mueller Company announces plans to expand, add 289 jobs over three years

Oct 19, 2011

Paul Mueller Company announced plans to increase the workforce at its manufacturing facility in Springfield. The company plans to add 289 new employees over the next three years to their existing workforce. On average, wages for the jobs will be above the county average of $34,676 and will...

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Manufacturing company UnderCover, Inc. announces new 70,000 sq. ft. expansion

Sep 09, 2011

UnderCover, Inc., manufacturer of UnderCover Truck Bed Covers, announced today the expansion of a new 70,000 sq.ft. paint facility. In addition to the new facility the company plans to add 30 new jobs to their existing workforce of 60 employees. UnderCover Inc, located in Rogersville, Missouri...

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Health Care Software Company Announces Plans to Expand in Springfield Region

Jul 12, 2011

HealthMEDX located in Ozark, Missouri, announced plans today to expand, adding 65 high-paying jobs to its existing workforce of over 140 employees. In addition to the new technology jobs, HealthMEDX will be adding $1 million in capital investment to the local community. HealthMEDX was founded...

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PROFormance Powertrain Products announces expansion in Springfield; 131 new jobs

Jun 28, 2011

PROFormance Powertrain Products, a subsidiary of LKQ Corporation, announced plans to expand its engine remanufacturing production facility in Springfield. Once completed, the facility will add 131 new jobs to PROFormance’s existing workforce of 100 employees. The company expects wages for...

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American Products announces plans to expand, add 95 jobs to the area

Jun 14, 2011

American Products, located in Strafford, Missouri has announced plans to expand and add 95 new jobs to their existing workforce of 154 employees. The new jobs will consist of welders, machine operators and support staff for their growing manufacturing needs. During this same period, the company...

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Springfield Business Development Corporation

202 S. John Q. Hammons Parkway
Springfield, Missouri 65806

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