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Business and Government

Seaboard pays $28.3 million for California ethanol plant

Merriam, Kan.-based Seaboard Corp. has bought a California ethanol production plant from Alto Ingredients Inc. in Sacramento.  The definitive agreement to acquire the plant is said to have cost $28.3 million. Seaboard is a multinational agribusiness, fuel and transportation company.… more

KC Council sets stage for $8.2 billion in Golden Plains Tech Park incentives

City Council members on Thursday unanimously approved a Chapter 100 industrial development plan and bond request that could see $8.2 billion in incentives granted over 37 years to developers of Golden Plains Technology Park, should it achieve its projected scale. Diode Ventures… more

Coping with COVID: FDA authorization pending for use of Pfizer COVID-19 vaccine on ages 12 to 15

The Food and Drug Administration (FDA) is expected to approve the emergency use of the Pfizer COVID-19 vaccine for ages 12-15, possibly by the end of the week. This would mean all high schoolers and even most middle schoolers would… more

SafetyCulture given $1.6B valuation with new funding

SafetyCulture’s new $73 million funding round and $1.6 billion valuation only mean more growth for its North American headquarters in Kansas City. The Australian tech company developed safety and quality management software that can be accessed from a mobile device.… more

$1.7B sale of Waddell & Reed finalizes

Macquarie Asset Management officially closed on its $1.7 billion acquisition of Overland Park-based Waddell & Reed Financial Inc. on Friday afternoon. The transaction brings $76 billion in assets to Macquarie Asset Management, making it a top 20 actively managed, long-term… more

Missouri House oversight committee downvotes COVID-19 liability bill

Back-and-forth debates on a bill designed to protect businesses and healthcare sector workers from COVID-19 liability lawsuits have resulted in a recent unfortunate outcome in the Missouri House for the bill’s supporters. Senate Bill 51 was voted down 7-3 in… more

Coping with COVID: Jackson, Johnson County mask orders to move from required to recommended

A change in CDC guidance regarding COVID-19 is resulting in changes to metro health orders. Local governments such as those presiding over Jackson County in Missouri and Johnson County in Kansas are announcing changes that will take effect as soon… more

Missouri Senate votes ‘no’ to funding Medicaid expansion

On Wednesday night, the Missouri Senate on Wednesday voted against funding a voter-approved expansion of Medicaid. Missouri voters passed to expand the program back in 2020. Some Republicans, including the Senate's budget leader, held that with Medicaid expansion the state… more

Merger approved for Kansas City-based Northern Genesis, vehicle manufacturer Lion Electric Co.

Northern Genesis Acquisition Corp. announced that its stockholders have approved a merger with The Lion Electric Co. Montreal-based Lion Electric, a maker of electric buses and vehicles, has been working since November 2020 on a merger with Northern Genesis. Northern Genesis… more

$600M requested for Johnson County Gateway road project

The city of Lenexa bypassed the Kansas Department of Transportation and instead requested about $600 million from the federal government to pay for the third phase of the Johnson County Gateway roads project. Funding has been requested to pay for… more