Business and economy news and issues in the Ozarks.

Scott Harvey / KSMU

A $350,000 grant will help provide a Springfield organization with resources for the region’s startup community.

Scott Harvey / KSMU

It’s that time of the year again, when the heat is simmering, the lights are glowing, and the Ferris wheels are spinning. Late summer and early fall is the season for festivals in the Ozarks, but why exactly do county and local festivals take place in the dog days of summer?

According to Ozark Empire Fair official Vicky Hayward, it has to do with school breaks and the timing of the Missouri State Fair.

Scott Harvey / KSMU

Springfield-based Bass Pro Shops says it has reduced staff at its corporate headquarters and at a woodworking shop in Nixa.

The total layoffs are “fewer than 60,” according to vice president of human resources Paul Shore.

Shore told KSMU Friday that the cuts are intended to keep the company healthy and lean, adding that “whether it’s one person or 20 people… we do not take those decisions lightly.”

The affected employees were offered a severance package and continuation of benefits.

Scott Harvey / KSMU

A Springfield company which manufactures advanced electronics security and monitoring products says it’s expanding, a move that will create 65 new jobs.

The $7 million investment by Digital Monitoring Products was announced today as part of the company’s 40th anniversary celebration.

Scott Harvey / KSMU

Employers from a variety of industries will participate in a job fair next month to help the more than 200 Mammoth, Inc. employees who will soon lose their jobs.

The plant, which makes heat, cooling and ventilation systems, announced last week it was moving its operation in east Springfield to other plants throughout the U.S.