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If it feels like today’s newsletter has a little extra sizzle, that’s probably just Beyond Meat. The maker of plant-based meat alternatives, which was founded with the help of University of Missouri researchers, is expected to debut on public markets today. Elsewhere, the Missouri Senate is looking to rein in counties’ ability to regulate livestock businesses, and Boone County is mulling how it might regulate a potential wind farm. Get up to speed on these stories and the day’s other top Missouri business news below.
From our newsroom
Columbia Habitat for Humanity finds new home, room to grow resale business
A beloved Columbia roller rink closed its doors after 80 years in business, but the building will get new life this summer as the home of Habitat for Humanity and ReStore.
Author addresses intersection of food security, climate change
In her book “Hot, Hungry Planet,” journalist Lisa Palmer explored how climate change and hunger are intertwined across the globe. She came to Columbia recently for an event focused on issues of food insecurity and food waste.
Missouri Senate gives initial approval to bill relaxing livestock regulations
The bill would bar county commissioners and health boards from placing new restrictions on confined animal feeding operations. (Columbia Missourian)
$400 million steel mill in Sedalia set to open in November
Nucor, one of the largest steel manufacturers in the U.S., has already hired about 120 steelworkers for the site, each earning an average salary of $65,000. (Missourinet)
St. Louis accounting firm merges with Las Vegas company
RubinBrown LLP, one of the largest private companies in St. Louis, will merge with Bradshaw Smith & Co., creating the second-largest accounting firm in Las Vegas. (St. Louis Business Journal)
QTS acquires two data centers in Netherlands for $44 million
The Overland Park, Kansas-based real estate investment trust plans to invest another $15 million to recommission the facilities. (Kansas City Business Journal)
St. Louis airport officials approve bond measure
The plan would refinance $93 million in bonds at a lower interest rate, potentially saving St. Louis Lambert Airport over $20 million. (St. Louis Public Radio)
Missouri could lose money from sale of state park
The state would have to pay over $7,000 in appraisal fees and a 10% auction fee, and give up millions of dollars in proceeds to the Department of Natural Resources and federal agencies, according to a nonpartisan analysis. (St. Louis Post-Dispatch)
Boone County considers wind farm regulations
The Boone County Planning & Zoning Commission has not yet made a decision on a 30,000-acre wind farm planned near Harrisburg. (Columbia Missourian)
Say that again
“Instead of allowing it to be a family decision, by not having access to quality child care in their area, the decision is made for them. So, it may not be what’s in the best interest of the families. That may not be what they want, but that’s what they’re forced to do because of the situation they’re in.”
Craig Stevenson, director of policy for Kids Win Missouri, says Missourians have difficulty finding adequate, affordable child care, the Columbia Missourian reports. More than half of the state lives in “child care deserts,” where the supply of child care providers doesn’t meet the demand.
That is where St. Louis ranks out of 180 U.S. cities on Wallet Hub’s “Best Cities for Hispanic Entrepreneurs” list. St. Louis was the top Missouri city, with Springfield ranking 60th and Kansas City following at No. 84. Wallet Hub notes that the Hispanic population is creating businesses at 15 times the national rate.
🍃Imagine a better way to feed the planet with plant-based ingredients. It is our pleasure to welcome @BeyondMeat and The Future of Protein® vision to Nasdaq on IPO Day. #GoBeyond pic.twitter.com/u5qDSTwpm0
— Nasdaq (@Nasdaq) May 2, 2019
Beyond Meat, which makes plant-based chicken and beef substitutes, including the Beyond Burger, is expected to begin trading Thursday under the ticker symbol BYND. The company was founded based on research by two University of Missouri professors, and Beyond Meat maintains operations in Columbia.
Hello, my name is
A leader of cloud-based startups who helped Webmail.us grow to $10 million in annual revenue is joining Kansas City-based Super Dispatch as its new COO. The operations startup has nearly doubled in size the past year, Startland News reports. Hubbard will oversee finances, work on growing the company’s initiatives and look to improve customer relations and human resources.