Missouri’s economy had another great year in 2018. Missouri saw 75+ major expansions, creating more than 8,400 new jobs across the state. Companies that expanded in Missouri in 2018 included industry leaders such as Amazon, Nestle and Save-A-Lot, as well as companies such as Magnitude 7 Metals and Square, and many more.
And it wasn’t just expansions. 2018 saw the $66 billion merger of global agtech giants, Bayer AG and Monsanto, who announced their new global Seeds & Traits and North American commercial headquarters in St. Louis. 2018 also saw Missouri cement is position as a global leader in the aerospace and defense industries with billions of dollars in contracts being awarded to companies with a presence in the Show-Me state.
With 2018 in the rear-view and new expansions taking place in St. Louis, Kansas City and beyond, Missouri’s economy looks primed for success in 2018. 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 manufacturing, financial services, logistics, energy solutions and more.
For more information on why Missouri could be a prime location to launch or grow your business, contact Steve Johnson, CEO of Missouri Partnership, at 314.725.2688 or via our contact form, with any questions you might have, and learn how Missouri Partnership can help with your business expansion and investment needs.