Economic Development

New high-tech jobs come to downtown Springfield The first floor of the Heer’s Building will soon be buzzing with people and activity for the first time since 1993, thanks to the commitment of a medical software company, the combined efforts of Springfield’s Partnership for Economic Development, and a $15 million redevelopment project. IntrinsiQ Specialty Solutions, part of…

Springfield named leader in manufacturing revival Springfield ranked as the sixth best mid-sized city in the nation for manufacturing job growth according to a new study released by NewGeography.com. The study used five measures of growth to rank Metropolitan Statistical Areas over the past 10 years. To generate the rankings of the best places for manufacturing jobs,…

Company chooses Springfield for new facility Community Wholesale Tire, Inc., one of the Midwest’s largest tire distributors, began operations at a new 64,000 sq. ft. facility in Springfield on July 13. As part of the expansion, the company, headquartered in Hazelwood, Missouri, will create 20 new jobs and invest $4.3 million. Community Wholesale Tire serves…

Fed study shows Springfield businesses are generally optimistic Businesses in the Springfield area are generally optimistic according to results from a recent Federal Reserve Bank of St. Louis survey. On June 29, regional economist Charles Gascon discussed themes from the survey of more than 100 area businesses, as well as highlights from the Fed’s economic analysis of the region.…

SBDC helps land new American Airlines service The airport is not just about getting to a sunny beach or a luxurious resort—we like those things too—but for the Chamber and the Springfield Business Development Corporation, our airport is about connecting commerce, economic development opportunities and ultimately, job creation. Each day decision-makers come into the Springfield region…

Series: Making room for economic growth Economic development is an ongoing, competitive process.  We are always competing with other regions across the country and around the globe both to attract businesses as well as keep the employers we already have.  To stay in the running, we have to ask ourselves, “do we have the best…

Manufacturer announces $7M expansion, 65 new jobs Digital Monitoring Products announced during its 40th anniversary celebration today that the company plans to create 65 new jobs and invest approximately $7 million at its facility in Springfield’s Partnership Industrial Center. A family-owned company, DMP was established in 1975 and manufactures advanced electronics security and monitoring products that include…

Springfield named top city to start a business Springfield is the 3rd best city in the nation to start a business and the top city when it comes to accessing resources for startups, says a study published by personal finance site WalletHub. The study ranked the 150 largest U.S. cities across two key dimensions, “Access to…

Series: Talent wars and our strategies to win As our economic development team works with companies every day, we hear over and over again concerns about labor.  Some common questions include, “Can we find the right skill sets here?  How can we find the right people to hire?  Can we be a profitable business in…

New Series: Keeping up with the new economy There’s no doubt the economic recovery is upon us and our economic development program is seeing its full effect—local employers are expanding, project leads are increasing, and prospects are visiting with us about defined projects, not just vague inquiries. But are we ready for the growth that’s…