Local

Topeka Airport Seeks a Return of Passenger Flights

A consulting group specializing in air service development has determined that conditions in Topeka might be ripe for a return of passenger flights to Topeka Regional Airport, which hasn’t seen passenger flights since 2014. According to the study by Sixel… more

KCRise Fund Has $10 Million in Commitments

The KCRise Fund—an initiative of the KC Rising effort to fully realize the Kansas City region’s economic potential—announced today that it has closed on an initial $10 million in commitments from area investors.  KCRise was established, “as a solution to… more

Fed Votes to Hold the Course on Interest Rates

While saying “the case for an increase in the federal funds rate has strengthened,” the Federal Reserve announced today that it will not make a rate change at this time. The Federal Open Market Committee, which is charged with setting… more

UMB Bank to Acquire $76 Million in HSAs

UMB Bank has agreed to acquire approximately 40,000 Health Savings Accounts (HSA) from the Bancorp, Inc., as part of Bancorp’s ongoing moves to exit the HSA business. Deposits and investment assets related to the accounts are reported at $76 million.… more

Missouri’s Private Employers Up More Than 8,700

The Missouri Department of Economic Development says the state added 8, 742 private sector employers between 2014 and 2015. Over that same period, 18,342 new businesses were formed in the state “Our low taxes, competitive business incentives, top-notch talent, access… more

Company with Overland Park Presence Being Sold

Penton, a New York-based information services company with offices in Overland Park is to be acquired by the business intelligence company Informa. Penton is being sold by MidOcean Partners and Wasserstein & Co. for $1.56 billion.   more

Children’s Mercy and Olathe Medical Team Up

Children’s Mercy Hospital and Olathe Medical Center say they will work together on providing enhanced pediatric services for Southwest Johnson County and surrounding areas. The solution is expected to take the form of a new facility at Olathe Medical Park.… more

“Westward, Ho!” for Expansion in Lee’s Summit

According to the Lee’s Summit Economic Development Council, the west side of town could be the site of new development projects totaling some $500 million. The proposed development projects in Lee Summit’s View High corridor include more than 300 acres… more

Lansing Trade Group Releases Tender Offer Update

Lansing Trade Group, LLC, the Overland Park-based commodity merchandising company focused on commodities including grains, feed ingredients and energy products has announced preliminary results of a tender offer that began in August. The company reports that 79.2 percent of the… more

Kansas City to Get a New Indoor Football Team

A new indoor football team for Kansas City was announced today by the team’s owners. We intend to bring a fan friendly, affordable indoor-football franchise "that is part of the community and a competitor on the field the City can be proud of,”… more