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The new building adds 64,500 square feet of research and production space, including a certified clean room.
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Invest STL’s Rooted initiative gives Black and low-income residents in the West End and Visitation Park neighborhoods $20,000 to invest in their homes and community.
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The expansion in St. Charles County will likely generate 500 construction and 130 manufacturing jobs.
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Supporters of the legislation say it would help companies with the potential for high growth to more easily access early funding and help keep their innovations rooted in Missouri.
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The investment includes more space to store shelf-stable and perishable food as well as a new teaching kitchen and other programming for members of the regional community.
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The Missouri State Employees Retirement Fund reversed its previous decision to reject a divestment proposal from Treasurer Vivek Malek. One of the four legislators on the board accused Malek of playing politics with state investments to boost his 2024 election chances.
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The transportation sector accounts for about 28% of the greenhouse gas emissions in the United States. Barge shipping could help reduce that output, but there’s not a full picture of how carbon efficient that transportation mode really is.
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It’s a newer consideration for environmentalists, who previously thought that river systems were relatively benign and don’t contribute many greenhouse gas emissions.
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BJC’s investment, along with others, brings the WEPOWER Capital’s total to $1.5 million and will go to high-growth, St. Louis-area Black- and Latino-owned businesses.
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The vision for a greenway along St. Louis’ central corridor has been around for decades, but the idea of connecting it with communities in north St. Louis is more recent.