Economy

Economy

Courtesy of: Heather Holdman/CarGO

After expanding their services in Cape Girardeau to Poplar Bluff, transportation network company CarGO has announced their future move into Farmington.

With the company averaging about 10,000 rides and food deliveries in Cape Girardeau in a month, the move comes as part of a process by CarGO to spread into other markets.

Shad Burner, director of business development for CarGO, says they looked at the demographics of Farmington, and saw that there was a natural mixed market for the company.

Visit Cape

Farmers markets have become the heart and soul of our community, a place where people easily interact, and it's common ground, alive with social and economic activity.  In addition to the great food you can purchase, there is often live music for you to enjoy. 

Lindsey Grojean/KRCU

Last week, popular personal finance website, WalletHub published findings of the best and worst small cities to start a business in the U.S., in which Cape Girardeau was listed as 36th on the overall “best” list. This ranking comes a few weeks after Cape was listed by business news website, Business Insider as the “most boring” city in Missouri that they said, “you can probably skip.”

Angry emoji.

An aluminum smelter will be reopening in Marston, Missouri.

On Friday, plans were announced by Magnitude 7 Metals (M7M) to create nearly 450 jobs at the former St. Jude Industrial Park site, which closed in 2016 due to bankruptcy. According to a press release, starting this year, M7M will be working to bring two production lines back into service over a two-year period to compete in the global aluminum market.

Lindsey Grojean/KRCU

The city of Cape Girardeau will be joining the Prospect League, a summer collegiate wood bat league, as a new team next year.

Pages