Local News

Academy Bank Closes KCB Deal

The parent institution of Academy Bank has closed on its acquisition of KCB Bank from Kearney-based Bancshares of Missouri. KCB had just under $243.2 million in assets as of the end of June.  Academy, owned by Dickinson Financial Corp., adds… more

Team Drive-Away Has a New Private-Equity Owner

Olathe-base Team Drive-Away, a commercial vehicle logistics provider specializing in Class 8 truck drive-away delivery, was sold by one private-equity firm to another. The Washington, D.C.-based Carlyle Group acquired the company, which is number 97 in the Ingram's Corporate Report… more

Country Club Bank Snaps Up Olathe’s Bank of the Prairie

The Kansas City-area local bank mergers keep coming. Country Club Bank parent CCB Financial is purchasing Olathe-based Bank of the Prairie, in a deal expected to close during next year's second quarter. It's the latest in a string of deals… more

Mayor Lucas Chooses TIF Commission Nominees

Mayor Quinton Lucas has chosen six members and six alternates for the city's TIF (tax-increment finance) Commission who will decide which development projects do and don't get tax breaks over the next four years, if the nominees are approved by… more

GM Strike Agreement Reached in Wake of Economic Setbacks

General Motors and the United Auto Workers have come to a tentative labor agreement that could end plant strikes around the country, including the General Motors Fairfax Assembly plant, in Kansas City, Kan., where workers have been picketing since mid… more

Mark Brandmeyer Close to Owning T-Bones

A day after the Kansas City T-Bones baseball team's ownership said it close to selling the franchise, a potential buyer has stepped in to make the purchase, pending government approval. A venture by Mark Brandmeyer, a partner at Built Interior… more

Hallmark Discontinues Home & Gifts Business

Hallmark is ending its Home & Gifts business line, and its activities are now being absorbed by the Hallmark Retail and Hallmark Greetings divisions in a transition expected to last through the end of the year. The 60 employees that… more

KC Area Leads Kansas Job Growth

Kansas counties in the Kansas City metropolitan area led the rest of the state in job growth over the past year, according to the recently released Kansas Department of Labor (KDOL) 2019 Kansas Economic Report. Total employment in the area,… more

AI Is Already Prevalent Across KC-Area Businesses

Artificial intelligence is usually spoken about as future tech component of business, but for many area companies, it's already here. Speakers at the KC Tech Council's recent Tech on Tap event at the Boulevard Brewery, gave examples of how they… more

BKD Names Dwiggins New Kansas City Managing Partner

A new managing partner is stepping in at BKD CPAs & Advisors to lead the Kansas City office: Rachel Dwiggins will succeed Abe Cole, who has been at that post since 2014. Cole will become regional managing partner of the… more