Missouri Minute: Improved tariff exclusion process in Missouri; Missouri electric workers to assist in Hurricane Florence recovery efforts

Here are today’s top headlines from across Missouri:

Tweak to tariff exclusion process gives Missouri businesses new hope

Companies seeking relief from the Trump administration’s steel tariffs got a measure of welcome news this week courtesy of the U.S. Department of Commerce. The department announced an updated tariff exclusion process that will enable companies seeking exclusions to appeal objections from companies looking to block them. The change could affect Missouri companies like Eureka-based RotoMetrics and Mid Continent Nail of Poplar Bluff. Read more

Missouri electric workers to assist recovery efforts after Hurricane Florence

Crews from 33 electric cooperatives in Missouri are traveling to South Carolina to help restore power in the wake of Hurricane Florence. A total of 162 line workers from across the state were expected to begin traveling toward South Carolina on Friday. Read more

Court ruling to allow St. Louis tax hike to fund property improvements

A St. Louis Circuit Court judge on Thursday overturned the defeat of a property tax hike designed to help the city secure bonds to fund the rehabilitation of properties in its land bank. Backers of the tax say it will make it easier to sell properties to developers, thus boosting property values and creating a larger tax base for the city. It’s also viewed as a boon to Mayor Lyda Krewson’s push to address vacant properties in the city. Read more

Developers plan $63 million luxury hotel by KC’s Kauffman Center

Developers want to bring a $63 million hotel they say would be the most luxurious in Kansas City to a plot of land across from the Kauffman Center for Performing Arts. Kansas City developer Whitney Kerr Sr., of Cushman & Wakefield, and Colorado hotel developer Eric Holtze, of EJ Holtze Corp., are planning a 13-story, 145-room hotel they’re calling “Hotel Bravo!” Read more

St. Louis developer expands footprint with two new offices

CRG, a St. Louis-based real estate developer, has expanded with the debut of new offices in Southern California and suburban Philadelphia. That brings CRG’s total number of locations across the U.S. to six. Read more

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