Business/Economy

Business and economy news and issues in the Ozarks.

3M
Scott Harvey / KSMU

The Missouri Department of Economic Development on Wednesday announced that Springfield manufacturer 3M will embark on a $40 million expansion. The company expects this to create at least 90 full-time positions over the next several years.

3M is a Minnesota based company that employs over 330 people in the Springfield area, and has over 89,000 employees company-wide.

David Pennington
City of Springfield

Following a national search, Springfield has promoted from within in naming David Pennington the city’s new fire chief.

Pennington, currently assistant fire chief, will assume the new role on May 28. He replaces David Hall, who took an emergency preparedness role with Missouri State University earlier this year.

Springfield-Greene County Park Board

Preliminary damage estimates are in for Greene County from the recent floods.  The Springfield-Greene County Office of Emergency Management or OEM says a preliminary estimate for public infrastructure flood damage, which includes impact to roads and bridges, debris removal, protective measures (such as road barricades) and damage to parks and government buildings is $168,500.

City of Springfield

Six finalists have been chosen for the Springfield City Council General Seat D position.  They are Scott Bailes, manager of market development with the Springfield Cardinals; Diana Day, chief business officer with People Centric Consulting Group LLC; Kent Hyde, senior partner with the law firm of Hyde, Love & Overby, LLP; Richard Ollis with the insurance company, Ollis/Akers/Arney; Jane Sellars, a retired Springfield teacher; and Isabelle Jimenez Walker, owner/broker of Eagle Management & Realty 1 LLC.

Google Maps

An architecture firm has presented its recommendations for revitalizing Springfield’s Kearney Street to the city council.

PGAV Planners shared ideas during Tuesday’s council lunch.  

It says Kearney Street has the potential to capture additional retail sales from the available $95 million in unmet household demand in the trade area around the corridor. That’s the nearly 3-mile stretch of Kearney between Kansas Expressway and Glenstone Avenue.

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