Economy

Economy

Once A Retail Icon, Sears In Cape Girardeau Will Close Its Doors In October

By • Aug 13, 2019

The Sears store location in Cape Girardeau will soon close along with a list of others across the country.

That’s according to Cape Chamber of Commerce president and CEO, John Mehner, who says this particular round of closings for the Sears Corporation is aimed at their big box - or “large format” - stores.

For years, the location on Siemers Drive has experienced a notably small crowd of customers.

Cape Girardeau Airport To Benefit From Increase In Funding, Thanks To New Government Classification

By • Aug 9, 2019
Lindsey Grojean/KRCU

Cape Girardeau Regional Airport has received $600,000 in a new grant that will allow them to undertake a handful of new projects. 

Airport Manager Bruce Loy says formerly, the airport had not qualified for a grant of this size due to a fewer number of passengers. They had received other, smaller grants from the Federal Aviation Administration (FAA), each amounting to around $150,000.

Department of Insurance Expects Costs From May Tornadoes To Nearly Double For Missouri Providers

By • Jul 10, 2019

In May, a wave of severe weather hit the Midwest, including deadly tornadoes which touched down in Carl Junction, Golden City, and Jefferson City. The resulting damage to residential and commercial properties is expected to bring a large loss for insurance providers in Missouri, according to the Department of Insurance. 

Governor Parson Takes First Step In Ending Missouri-Kansas Border War With New Bill

By • Jun 13, 2019
Courtesy of: Office of Governor Michael L. Parson

You may not have known this, but Missouri has been at war.

Actually, it’s more of an ongoing feud between us and our neighbor, Kansas. But that might be changing with a recent action taken by Governor Mike Parson to come to a truce on the economic conflict.

Yesterday, Parson signed Senate Bill 182, which restricts the award of incentives to companies moving from Kansas to certain Missouri counties.

Sikeston Industrial Park Recognized By The Missouri Department Of Economic Development

By • Jun 12, 2019

The Sikeston South Industrial Park has been declared a new Missouri Certified Site, ready for businesses to break ground as one of 30 other sites within the state.

“The Certified Sites program shows that Missouri is committed to supporting new investment and helping businesses grow,” Missouri Department of Economic Development Director Rob Dixon says. “Prepared communities win jobs, and this certification shows that Sikeston is a prepared community.”

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