Here are today’s top business headlines from across Missouri:
For the first time, Boeing will begin producing commercial plane parts at its operations in St. Louis County. The company announced that starting in 2017 it will manufacture the parts for the 777x at its composites facility, a move that will create about 700 jobs.
Gasoline prices in Missouri dropped below $3 a gallon on Monday, and the fuel was selling for as low as $2.77 a gallon this morning, according to AAA Missouri and MissouriGasPrices.com. St. Louis had the lowest average price at $2.97, and Kansas City was right behind at $2.98.
Aegion Corp., an industrial piping and infrastructure company based in Chesterfield, named Charles “Chuck” Gordon CEO and announced it will realign its businesses into three platforms with unique leadership teams.
Last winter propane prices spiked from less than $2 per gallon in December to more than $5 per gallon in January, and the dynamics that caused the increase are still in place, the executive director of the Missouri Propane Association, Steve Ahrens, says.
Nearly 1,000 maintenance and food workers, patient care assistants and others are covered by recently approved three-year contracts at Research Medical Center and Menorah Medical Center in Kansas City. The new agreements, which expire in May 2017, are the second three-year contracts agreed to by the Service Employees International Union Missouri & Kansas and the hospitals.
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