Missouri Minute: Toyota to invest in Troy plant; 30 Build-A-Bear stores to close

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Whether you’re munching on a leftover Pi Day slice or gearing up to celebrate St. Patrick’s Day, there’s still plenty of business to tend to this Friday. We’re here to help, getting you caught up on the latest in Jefferson City, a couple of big payouts in Troy, and what the new Children’s Mercy CEO has to say about protecting patient information.

Stay alert

Toyota to invest $750 million in U.S. plants, including Troy
The automaker will devote $62 million to its Bodine Aluminum facility in Troy as part of the investment, which is supposed to create 600 overall jobs. (Associated Press)

Build-A-Bear will close up to 30 stores
The St. Louis-based company reported a 7.5 percent dip in revenue and a net loss of nearly $18 million in 2018. (St. Louis Business Journal)

Missouri revenue director expected to resign
The Department of Revenue reportedly planned to advise taxpayers to increase their paycheck withholdings to avoid a surprise tax bill in 2019. (Columbia Daily Tribune)

St. Louis Cardinals, Major League Baseball back Missouri sports betting bill
At a hearing for House Bill 119, MLB Deputy General Counsel Bryan Seely said the bill would “protect baseball and its fans.” (St. Louis Business Journal)

Missouri legislators seek to expunge certain past marijuana charges
The bill’s sponsor, Rep. Ron Hicks, R-Dardenne Prairie, said the state should move toward decriminalizing marijuana use. (St. Louis Post-Dispatch)

Troy convenience store sold $1.9 million Lotto ticket
Missouri Lottery officials said somebody purchased a ticket that matched all six numbers in Wednesday’s drawing. (Associated Press)

Show me

Today’s graphic revisits the subject of affordable food. Between 2015 and 2017, an average of 12.8 percent of Missouri households per year experienced food insecurity, meaning their access to adequate food was limited by lack of money and other resources. That was higher than the national average of 12.3 percent, according to a 2018 report from the USDA.

Say that again

“It’s one of the biggest risks for any health care organization in the United States, or the world for that matter.”
Paul Kempinski, the new CEO of Children’s Mercy Kansas City, said the hospital is taking steps to better protect patient medical information following several security breaches, The Kansas City Star reports.

Go figure

That’s the number of students who will be part of the University of Missouri’s inaugural e-sports team come August, the Columbia Missourian reports. The players toured campus Wednesday and signed their commitment to play on the team, which is the first in the Southeastern Conference.

Hello, my name is

The New York-based cloud infrastructure firm is opening a Kansas City office after closing a $25 million Series B funding round last fall, Startland News reports. The firm said Kansas City has a good technical base, which is one of the reasons it chose the city as its fifth branch since the 2014 founding. Leaders from Silicon Valley and other locations will be brought to Kansas City to speak with the community, the firm said.

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