sc4mayor
sc4mayor

PostJan 08, 2020#1101

Wolfpaw wrote:
Jan 08, 2020
sc4mayor wrote:I'm also not really aware of any companies dropping 2,000 or so jobs at a time into Pittsburgh, at least not regularly.  Granted I don't much follow what goes on in Pittsburgh, but big relocations generally make the news.

^^ While I would definitely give St. Louis the nod in most ways over its peers, they are growing...St. Louis isn't.  Columbus may not be that exciting, but it's a big college town that's grown at least 10% every decade since 1990.  Companies know they can fill jobs there, the labor pool keeps replenishing.  That's the most important thing to them.
St Louis has 1 very good university and one decent university yeah they aren’t Ohio State but still we’re fortunate to have them. How much of that growth in a Columbus has come at the hands of Cleveland and Cincinnati I believe when you’re a capitol/state HQ you tend to give yourself the upper hand such has Nashville vs Memphis etc. I’m not saying companies should plop 2-3000 jobs here but heck we’re barely ever getting 400. I like said we’re better off growing locally/organically. St.Louis will grow again it’s a matter of when.
St. Louis has much more than that, and Washington University is significantly higher up the chain than Ohio State.

It doesn't really matter where Columbus' or any other city's growth is coming from...the point is they're growing.  No one is arguing St. Louis has stellar institutions, much better than most of our peers in many respects, but without any growth companies aren't going to take the chance.  They're more interested in the ability to fill positions than they are about amenities.

I'm not sure what you mean by growing "locally/organically".  If the St. Louis region is going to increase its population it's going to have to draw from outside.  Short of a massive baby boom of some kind, how do you grow your population locally?

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PostJan 08, 2020#1102

sc4mayor wrote:I'm not sure what you mean by growing "locally/organically".  If the St. Louis region is going to increase its population it's going to have to draw from outside.  Short of a massive baby boom of some kind, how do you grow your population locally?
I think the organic growth comment was in relation to jobs. Basically saying that encouraging and supporting local companies and the local business climate in general should be prioritized over going after large 1,000+ corporate HQ relocations from other cities.

Also, Wash. U. is a better school than OSU, hands down. Although there are two things OSU brings to the table that St. Louis schools don’t: it’s size, OSU has 60,000+ students in Columbus - 2x SLU and Wash. U. combined, and elite DI mens football and basketball, which generates a lot of tourism and marketing for the city (although the Billikens are pretty good this year and filling seats).

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PostJan 08, 2020#1103

Also of note a majority of wash u students are from out-of-state or international. It is incredible difficult to convince international and costal students to stay in the Midwest, let alone St. Louis.

sc4mayor
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PostJan 08, 2020#1104

^^ With jobs I 100% agree, and I’d say STL has had some remarkable success doing just that. But if a large HQ or branch office is on the table, I’d still like the region to take a shot at it.

Can’t get a hit if you don’t swing the bat.

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PostJan 08, 2020#1105

addxb2 wrote:
Jan 08, 2020
Also of note a majority of wash u students are from out-of-state or international. It is incredible difficult to convince international and costal students to stay in the Midwest, let alone St. Louis.
I would think the quick and easy way to get students to stay would be to offer them jobs. Now, offering international students jobs requires commitment, investment, and a good immigration attorney on call, so it's a heavier lift. But if the number of coastal students in the right disciplines is sufficient you could build a pipeline. I believe BJC, for instance, does just that. (And probably Mercy and other local hospitals besides.) And I recall several local institutions did some recruiting at SLU Business, per my wife. So there are ways. But those ways require companies willing to offer jobs locally. Kind of a catch 22: can't grow the region without jobs. Can't land the jobs without growing the region.

The article was underwhelming. Kind of a fluff piece about a local recruiting firm, really. Which is about par for the Business Journal. Nothing wrong with that, per se, but not really hard-hitting investigative journalism. No big predictions.

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PostJan 08, 2020#1106

sc4mayor wrote:
Jul 02, 2019
Not sure if this belongs here as Creve Coeur Camera isn't really a big corporate player in St. Louis, but a sad day nonetheless.  They will be closing their last store in St. Louis, largely due to online competition from the likes of Amazon.

Over here in KC we had Crick which was also basically killed by similar competition.  I bought my first Rebel T3 and eventually my T5i at Crick.  Losing them was a gut punch.  Losing Creve Coeur is like a kick in the balls, at least for a photographer like me.  Lots of good people there.  Sounds like classes and photo trips will continue though.

https://www.stltoday.com/business/local ... cb443.html
King is dead... Long live the King. 

STL Biz Journal: Creve Coeur Camera reopens under new name. Hello, St. Louis School of Photography. 

sc4mayor
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PostJan 08, 2020#1107

^ Nice!

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PostJan 09, 2020#1108

Can't believe people on this forum are still on the nonsense about Pittsburgh. 

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PostJan 09, 2020#1109

gone corporate wrote:
Jan 08, 2020
King is dead... Long live the King. 

STL Biz Journal: Creve Coeur Camera reopens under new name. Hello, St. Louis School of Photography. 
Is that the same fellow that has been running the rent-a-studio over on Hodiamont? He seems ambitious, I'll give him that. Maybe he can make a go of it. I think he's more focused on classes, excursions, and the sorts of hands on opportunities Amazon can't yet scoop up.

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PostJan 10, 2020#1110

Lindell Bank (with $530 million in assets and 12 branches across the Metro) is buying Rockwood Bank (with $250 million in assets and 4 branches in Eureka, Wildwood, Valley Park and Parkdale).


sc4mayor
sc4mayor

PostJan 22, 2020#1111

Centene passes final hurdles in WellCare acquisition, expects deal to close Thursday
https://www.stltoday.com/business/local ... the-latest

Looks like this one is about all wrapped up.  Hopefully it leads to some added jobs and eventually some movement on Centene's future expansion phases.

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PostJan 29, 2020#1112

STL Biz Journal: Major food producer investing $27M in St. Louis-area plant, bringing 100 new jobs (note: paywall)
Tyson Foods Inc. is investing $27 million to upgrade its Landshire Inc. plant in Caseyville, Illinois, in a move that will create 100 new jobs, the company confirmed to the Business Journal.

The Springdale, Arkansas-based food conglomerate (NYSE: TSN) will add three new lines that will annually produce approximately 16 million pounds of product. Tyson said it expects the new lines to be operational by March, a spokesman told the Business Journal.
This follows Tyson's acquiring Landshire from AdvancePierre Foods in 2017. Around 200 work there already. No public sector economic incentives were sought. 

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PostJan 29, 2020#1113

On a sour note, JW Aluminum is closing it’s STL plant. JW Aluminum will close its plant in the city of St. Louis' Carondelet neighborhood, as 190 workers are laid off. The closure is effective May 30. The company blamed the move on Chinese imports of foil, saying when JW acquired the facility, in 2004, they represented less than 1% of the market.

https://www.bizjournals.com/stlouis/new ... rkers.html

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PostJan 29, 2020#1114

DogtownBnR wrote:
Jan 29, 2020
On a sour note, JW Aluminum is closing it’s STL plant. JW Aluminum will close its plant in the city of St. Louis' Carondelet neighborhood, as 190 workers are laid off. The closure is effective May 30. The company blamed the move on Chinese imports of foil, saying when JW acquired the facility, in 2004, they represented less than 1% of the market.

https://www.bizjournals.com/stlouis/new ... rkers.html
China infamously overproduced Aluminum. Its almost killed Alcoa

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PostJan 30, 2020#1115

The tariffs are clearly doing wonders *largest eye roll imaginable*

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PostJan 30, 2020#1116

^That's going to hurt. :(

sc4mayor
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PostFeb 04, 2020#1117

Nothing major but a slight expansion for the area:

Pizza crust maker to add new production facility, 100 jobs in St. Charles
https://www.stltoday.com/business/local ... 1ff66.html

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PostFeb 04, 2020#1118

Still good news 100 jobs better than goose eggs 👍


Sent from my iPhone using Tapatalk

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PostMar 04, 2020#1119

STL Biz Journal's reporting that Core & Main is acquiring San Jose-based R&B Company, which is the 10th acquisition by Core & Main since they went independent in August 2017. The industrial water services company has been on an absolute tear as they make themselves a huge industry player. They're one of the most likely private companies in STL to potentially make a public offering in the near future. 

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PostMar 04, 2020#1120

Biz Journal is reporting FedEx is closing it's local facility costing
125 jobs. I would guess since they are doing a massive
expansion in Indy, the jobs could be heading there.
Maybe I'm wrong, but that facility is massive and close to STL.
This is disappointing nonetheless.

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PostMar 04, 2020#1121

^Perhaps also fallout from the rise of Amazon Prime Air and their new delivery networks, which were implemented to directly reduce AMZN's reliance on FDX. It's not like FDX could ever leave a metro area the size of STL, but reducing scale because of decreased demand seems reasonable here. I'd think these issues correlate. 

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PostMar 04, 2020#1122

gone corporate wrote:
Mar 04, 2020
^Perhaps also fallout from the rise of Amazon Prime Air and their new delivery networks, which were implemented to directly reduce AMZN's reliance on FDX. It's not like FDX could ever leave a metro area the size of STL, but reducing scale because of decreased demand seems reasonable here. I'd think these issues correlate. 
Iirc, They have also built large new facilities around KC and at the airport there which could be drawing demand away just like Indy could be.

sc4mayor
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PostMar 04, 2020#1123

DogtownBnR wrote:
Mar 04, 2020
Biz Journal is reporting FedEx is closing it's local facility costing
125 jobs. I would guess since they are doing a massive
expansion in Indy, the jobs could be heading there.
Maybe I'm wrong, but that facility is massive and close to STL.
This is disappointing nonetheless.
I don't think Indy has much of anything to do with it.  Remember this is a SmartPost facility, it's actually quite small.  It only handles small lightweight packages.  FedEx has newer and much larger Ground facilities in Sauget and two more in Mid/North County near 170.  As Amazon continues to take over the home delivery industry, FedEx is going to have less of a need for multiple sites in the same city.  Especially of the SmartPost variety.  Never mind their extensive financial issues.  FedEx took a big hit when they lost that Amazon business last year and then they overextended themselves when they offered weekend delivery to keep up with Amazon.  Those factors are playing a much larger role here then an expansion in another city.  Most of these people will likely end up in the other facilities in the region.

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PostMar 05, 2020#1124

^Was about to say that. When I first saw it my question was "which." As FedEx has three ground, one freight, and one express facility in the area. All of which are only very marginally related to one another. The Earth City facility isn't a small one. I actually toured it with my wife when she was taking a logistics class. (Their sorting robots are pretty cool.) But they'll still very much have a presence in the area. It's just one ground sorting facility of several. And the Express station at the airport and the FedEx Freight facility in New Town are both more or less entirely separate both from ground and from each other, almost to the point of being separate companies. (Largely separate operations, at any rate.)

sc4mayor
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PostMar 05, 2020#1125

^ Well said. I also didn’t realize this but FedEx just opened a huge new facility in St. Charles in 2019 that employs nearly 300 part and full time workers. Apparently lots of these jobs are heading there. Definitely has nothing to do with FedEx’s plans in other cities.

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