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PostNov 08, 2023#1676

addxb2 wrote:
Nov 08, 2023
I guarantee Bob already has ideas on how to activate the area around it further, including closer to MetroLink.
I think this is a very good and important observation, the office may be solidly in the county, but it's a short (if currently somewhat uncomfortable appearing) walk from a Metrolink stop. Adding/maintaining jobs convenient to the train system can lead to knock on effects further along the line, especially if Clayco does end up developing the area further. It may not be a splashy signature move, but it's still definitely a good thing for the region.

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PostNov 08, 2023#1677

HA! It’ll be a cold day in hell.

Regardless, it’s just another pontificating county businessman who, when given a chance to make a difference, chose the status quo. Typical. Small minded. Lethargic.

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PostNov 08, 2023#1678

Just curious. How much of that campus is still used by Express-Scripts? I know they have a lot of remote workers, but do they still utilize space in that complex? If they do use space there, will they remain when Clayco moves into that space? Has anyone heard what Clayco plans to do with the office building it is currently using off of 170 near Page Ave?

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PostNov 09, 2023#1679

Enterprise Holdings has removed all of their signage from their Clayton campus.


They are rebranding to Enterprise Mobility.


https://www.businesstravelnewseurope.co ... hursday%20(26%20October

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PostNov 09, 2023#1680

Not a particularly exciting or controversial change.  I don't love it but not sure i have any better ideas other than i don't understand the need for 3 different rental car service brands so i would lean toward something like Enterprise National and merge all 3 brands (Enterprise/National/Alamo) into 1.

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PostNov 09, 2023#1681

DogtownBnR wrote:
Nov 08, 2023
Just curious. How much of that campus is still used by Express-Scripts? I know they have a lot of remote workers, but do they still utilize space in that complex? If they do use space there, will they remain when Clayco moves into that space? Has anyone heard what Clayco plans to do with the office building it is currently using off of 170 near Page Ave?
The warehouse/fulfillment Center across the street from this building is the only still in use by ES.

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PostNov 09, 2023#1682

^ Thanks! Do they still have a large workforce in STL? I assume that may be hard to gauge since they are all remote. It would be a shame if we didn't have a large WF here, considering pre-sale, we had a large HQ here. 

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PostNov 09, 2023#1683

The Business Journal is on sign watch now:

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

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PostNov 28, 2023#1684

HVAC firm expands with new $12M office development, plans to add 300 jobs
A St. Louis-based heating and air conditioning firm is moving and expanding its offices as part of a $12 million development anticipated to add 300 new jobs with help from state incentives.
HVAC firm Hoffmann Brothers has finished construction and moved into its new $6 million, 20,000-square-foot office at 2043 Woodland Parkway in Maryland Heights, after a Hoffmann Real Estate affiliate purchased the entire multi-tenant building last year for $5.73 million. Hoffmann is also leasing additional space to other tenants in the 63,000-square-foot building, said President Chris Hoffmann.

The company has about 425 employees, with 50 based in its office in Nashville, Tennessee, that opened in 2020, and 375 workers in St. Louis, Hoffmann said. The company’s new expansion will house “shared services” for its operations in both St. Louis and Nashville, according to a news release from the Missouri Department of Economic Development. The newly constructed addition will house Hoffmann Brothers’ marketing, finance, accounting, customer experience, information technology and inside sales teams for both cities, according to the release.

The company refers to the shared operational division as “HB Solutions,” Hoffmann said. It will also include support for the company’s recently acquired firm, Ferguson Roofing.
https://www.bizjournals.com/stlouis/news/2023/11/27/hoffmann-brothers-hvac-company-office-job-missouri.html

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PostNov 29, 2023#1685

The media is doing its best to avoid the real punchline here. Which is St. Louis’s largest healthcare provider has essentially acquired Kansas City’s sixth largest employer. Can only imagine if the roles were reversed, SLBJ would have a three part story on the failures of local leaders. People on Twitter would be calling for someone’s head.

It's official: BJC, Saint Luke's finalize plans to combine https://www.bizjournals.com/stlouis/new ... ml?ana=maz

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PostNov 29, 2023#1686

Good. Maybe this will make Saint Luke’s better. Living over here in KC, I had to dump them because they were so bad. Staff was rude and if I called for an appointment, no one would ever get back to me or they’d say to use the online portal. Would do that… no response.

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PostNov 29, 2023#1687

addxb2 wrote:The media is doing its best to avoid the real punchline here. Which is St. Louis’s largest healthcare provider has essentially acquired Kansas City’s sixth largest employer. Can only imagine if the roles were reversed, SLBJ would have a three part story on the failures of local leaders. People on Twitter would be calling for someone’s head.

It's official: BJC, Saint Luke's finalize plans to combine https://www.bizjournals.com/stlouis/new ... ml?ana=maz
How would the “real punchline” of this article be “St Louis’s largest healthcare provider has essentially acquired Kansas City’s sixth largest employer?”

In BJC’s own words it’s a merger, not an acquisition. There’s no confirmed impact to jobs/investment in STL or KC so I don’t understand how this affects the competition between the two cities. Most everyday readers care more about how the merger affects jobs and the healthcare they receive, not STL vs KC.

I don’t hold up the BJ as the gold standard of journalism, but come on…


Sent from my iPhone using Tapatalk

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PostNov 29, 2023#1688

Forgive me, I’m not trying to make this a KC v STL. I’m referencing previous reporting when the merger was originally announced. Can’t find the article right now, but the assessment I walked away with is that synergies will eventually be found but cuts won’t come from the elite research hospital which is already providing the purchasing collaborative.

Dual headquarters, for now.

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PostNov 29, 2023#1689

addxb2 wrote:
Nov 29, 2023
The media is doing its best to avoid the real punchline here. Which is St. Louis’s largest healthcare provider has essentially acquired Kansas City’s sixth largest employer. Can only imagine if the roles were reversed, SLBJ would have a three part story on the failures of local leaders. People on Twitter would be calling for someone’s head.

It's official: BJC, Saint Luke's finalize plans to combine https://www.bizjournals.com/stlouis/new ... ml?ana=maz
St. Louis Business Journal is literally the worst.  I don't understand the anti-St. Louis bias and lack of research, but it guess it gets more clicks than a objective or St. Louis positive slant to their work.

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PostNov 29, 2023#1690

Fine. When the Business Journal demonstrates anti St Louis bias, let’s call it out. This article ain’t it.

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PostNov 30, 2023#1691

They always call it a “merger”. We’ll see how much of the nerve center is left in KC in 2030.

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PostNov 30, 2023#1692

addxb2 wrote:
Nov 29, 2023
Forgive me, I’m not trying to make this a KC v STL. I’m referencing previous reporting when the merger was originally announced. Can’t find the article right now, but the assessment I walked away with is that synergies will eventually be found but cuts won’t come from the elite research hospital which is already providing the purchasing collaborative.

Dual headquarters, for now.
And the top end leadership of the joint operation is from the BJC/STL end which I think provides an indicative outlook.

I'd imagine the next five years or so will be transitional but in time I expect the main HQ will be out of St. Louis.

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PostNov 30, 2023#1693

robertn42 wrote:
Nov 29, 2023
addxb2 wrote:
Nov 29, 2023
The media is doing its best to avoid the real punchline here. Which is St. Louis’s largest healthcare provider has essentially acquired Kansas City’s sixth largest employer. Can only imagine if the roles were reversed, SLBJ would have a three part story on the failures of local leaders. People on Twitter would be calling for someone’s head.

It's official: BJC, Saint Luke's finalize plans to combine https://www.bizjournals.com/stlouis/new ... ml?ana=maz
St. Louis Business Journal is literally the worst.  I don't understand the anti-St. Louis bias and lack of research, but it guess it gets more clicks than a objective or St. Louis positive slant to their work.
the clicks thing is so true here.

I think it's part of our DNA as St. Louisans to expect bad news to hit us.  So, the STLBJ chooses to write stories that drive link clicks.  And stories about downtown sinking and an HQ leaving drive link clicks.

So, blame St. Louisans really.  More than ascendent places like Nashville, Charlotte, etc....here, we like reading bad news about STL. LOL

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PostNov 30, 2023#1694

you know, its like politics, religion, cults, sports fandom, etc.  People just naturally gravitate toward things that validate their already established beliefs.  If it was a positive headline many St. Louisans would probably dismiss it as propaganda.  Negative headlines validate what these people already think.

Its also why many here find it distasteful, because it runs counter to the narrative we want to believe.  Its fine to have the reaction but one has to process information from both sides and with at least a willingness to shift your current beliefs based on new information in order to come to a sober and balanced conclusion on any particular topic.

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PostDec 01, 2023#1695

Out of curiosity, Does this acquisition move any jobs to STL or make it more likely that local job growth will happen?


Sent from my iPhone using Tapatalk

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PostDec 01, 2023#1696

^ i assume eventually HQ functions from KC will be here. 

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PostDec 01, 2023#1697

STLEnginerd wrote:
Nov 09, 2023
Not a particularly exciting or controversial change.  I don't love it but not sure i have any better ideas other than i don't understand the need for 3 different rental car service brands so i would lean toward something like Enterprise National and merge all 3 brands (Enterprise/National/Alamo) into 1.
EHI is the largest rental car company and based on the limited financials they release (they are a private company but release limited financials to access credit markets) their margins are higher than their publicly traded counterparts HertzGlobal Holdings and AvisBudget Group.

Vehicle units often move interchangeably between brands-they may go out on a National contract one day and then go out on Alamo another, especially airports with consolidated rental car centers. The reason for the multiple brands is they appeal to different market segments. National is the premium, predominately on-airport; Enterprise is known for off-airport insurance replacement and local offices; Alamo caters to the leisure segment. No different than ABG with Avis being the more ‘premium’ and Budget being more leisure focused. Hertz has Dollar and Thrifty as well which are of course more leisure focused but again the corporate owned physical vehicles move around their national system as well.  Some of the franchised locations for ABG and Hertz have title to their specific motor vehicle assets which makes one-way rentals impossible/very expensive as the vehicle needs to repositioned Practically speaking the brand names are only used for distribution purposes, but some locations are physically separate and in the case of Hertz/ABG some are franchised while others are corporate. 

Bottom line is the multiple brands are more about broadening their reach through different segments and distribution channels than operating separately. There may be some minimal G&A savings and other synergies but it’s pretty clear the industry sees the different brands as important ‘hooks’ that attract different customers. For customers the ‘experience’ generally isn’t differentiated except that one should expect the older, higher mileage vehicles going out on Alamo/Budget/Dollar/Thrifty contracts while the newer and more premium vehicles along with choice of car being available at Avis/National/Hertz.

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PostDec 01, 2023#1698

Well clearly branding is not my expertise so what do I know.  For me having the additional branding seems a little confusing.  Its not a big deal.

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PostDec 02, 2023#1699

STLEnginerd wrote:
Dec 01, 2023
Well clearly branding is not my expertise so what do I know.  For me having the additional branding seems a little confusing.  It’s not a big deal.
It’s not only you - if you notice the key tag for the vehicle you get doesn’t have the name of the rental agency but a generic roadside assistance and identifier numbers. At airport consolidated RCC locations people will regularly act confused that they are being directed to an Avis marked space despite having a rental with Budget and vice versa. 

Again, having multiple brands brings in revenue for the companies. They can do more sponsorships, exclusive deals, etc. Like how Dollar is the sponsor of Dave Ramsey or how the NFL stadium in STL ~7-10 years ago was to be the National Rent a Car center. Same idea. 

Sorta like much of the G&A behind General Motors is shared between Chevrolet, Cadillac, Buick, and GMC. Yes there are many standalone Chevy or standalone Cadillac franchises, but a lot of the synergies come from common parts, engineering, etc. 

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PostJan 08, 2024#1700

I know this has been rumored for sometime, but Energizer confirmed they are halving their office space and moving to the Apex Oil building at 8235 Forsyth.

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