Missouri’s economy had an amazing year in 2019. Missouri saw 50+ major expansions, creating more than 2,300 new jobs, and totaling more than $929 million investment across the state. Companies that expanded in 2019 include Nestle PurinaSwipeSumVital Farms and many more.

“From economic and workforce development to rebuilding our state’s infrastructure, 2019 has been an exciting year for Missouri,” said Missouri Governor Mike Parson. “We’ve had some big wins worth celebrating and have shown what major progress we can make by working together for the people of Missouri. We are proud of all that we’ve accomplished in 2019 and look forward to another successful year in 2020.”

Missouri also saw huge investment from automotive manufacturers in 2019, including a $62 million investment from Toyota, and a $1 billion investment from General Motors. Additionally, Missouri was also selected as the new home for the USDA’s Economic Research Service (ERS) and National Institute of Food and Agriculture Policy (NIFA) agencies. The move located the agencies closer to constituencies and brought more than 500 jobs to the Kansas City region.

Additionally, Boeing secured a $16 billion contract to build the T-7A Red Hawk in St. LouisBayer announced it will bring 500 new jobs to Creve Coeur; and agriculture giant Bunge announced the relocation of its global headquarters from New York to the St. Louis metropolitan area.

With 2019, and the decade, in the rear-view, Missouri’s economy looks primed for success and growth in 2020. The coming year will see Missouri continuing to lead the world in agtech innovation, while also cultivating our world-class talent in aerospace and automotive manufacturingfinancial serviceslogisticsenergy solutions and more. And with Missouri’s corporate income tax rate will drop to 4 percent to start 2020 there has never been a better time to grow your business in the Show-Me state.

We are extremely appreciative of this program!

We are extremely appreciative of this program!  DED and our LEA have done a great job simplifying the processes and have been extremely flexible with us.

– Jeff Heisler – Quaker Window Products Company
We gainfully trained a variety of employees on various topics

This grant provided opportunities to improve our company in ways that wouldn’t have been possible without it. Working with OTC Center for Workforce Development, we gainfully trained a variety of employees on various topics directly related to improving financial performance, quality, safety and employee relations.

– Travis Weathermon – SRC Automotive, Inc.
The State's Training Program has been very beneficial

The State’s Training Program has been very beneficial for Henkel in providing opportunities for increased skill development and the integration of new equipment.

– Carol Croft – Henkel US Operations, Inc.
Engineered Lubricants

We have been greatly served by our LEA. We have been exposed to training opportunities that have benefited our employees inside and outside of work.

– Erin Weber
We were able to increase our service offering

Because of this training program, we were able to increase our service offering adding an additional $4M in revenue so far in 2019 for Dynamics 365 Business Central, and Dynamics 365 Finance and Operations. We have been able to relocate multiple new employees to Missouri and we are now looking to add another office in Kansas City, Missouri.

– John Tocco – Turnkey Tech
Starting USA Corporation

The training opportunities we are able to provide our employees because of this program are critical to the success of our employees and ultimately to that of our company.

– Tina Gargas
Skip to content