Kansas

Engineering Firm Faith Technologies Setting Up Olathe Operations

Faith Technologies, a Wisconsin-based electrical engineering and design firm, recently purchased a 450,000-square-foot warehouse in Olathe and eventually plans to add about 780 jobs toward its operations. The warehouse, at 21800 West 167th St., was purchased by Faith from a… more

White Flags Flying in Border War

[caption id="attachment_22474" align="alignleft" width="443"] Mayor Lucas[/caption] The use of tax incentives to lure companies across the state line in the Kansas City metro area is a practice that seems to be on the cusp of ending. New Kansas City Mayor… more

Insurance/Benefits Broker Truss Sold to Hub International

Chicago-based Hub International Limited announced this morning that it had acquired Truss, one of the Kansas City region's largest private insurance brokerages.  Terms of the transaction were not disclosed. [caption id="attachment_22482" align="alignleft" width="140"] Paul Cohen[/caption] Truss, formerly known as Cretcher… more

Sprint Loss Shrinks in First Quarter

Overland Park-based Sprint reported a first-quarter loss in the midst of its merger with T-Mobile, but its results were better than the prior financial period. The wireless carrier's first-quarter net loss came in at $111 million, down from what was… more

Waddell & Reed Laying Off 150 In Midst of HQ Relocation Plans

Overland Park-based Waddell & Reed is laying off about 150 people in its transactional-processing operations and will outsource those positions, the investment-management company's officials said during its second-quarter earnings call.  The layoffs and move toward outsourcing are expected to be… more

Metro’s Largest Private Company Just Got Bigger

Dairy Farmers of America, the largest private company in the Kansas City metropolitan area, has added another organization to its portfolio. A majority of the 360-farm board of St. Albans Cooperative Creamery, in Vermont, voted to merge with DFA.  The… more

From Neurosurgeon to NASA: Enduralock Founder Flies High

A small Lenexa-based engineering-solutions firm is quickly grabbing the attention of some very big players. Enduralock, which makes industrial fasteners, was recently named a winner of NASA's iTech Cycle I forum, which recognizes innovative companies that provide solutions for both… more

DOJ Gives Nod to Sprint, T-Mobile Merger

It's almost a done deal as far as the federal government is concerned. The U.S. Department of Justice granted approval of the merger between Overland Park-based Sprint Corp. and T-Mobile US, of Bellevue, Wash., which the companies say will create… more

Aratana’s Fast Growth Leads to $245 Million Sale

Aranta Therapeutics, a Leawood-based pet-pharmaceutical company, is being acquired by Elanco Health Animal Health, based in Indiana, for about $254 million, in a deal recently approved by the former's shareholders. After the acquisition, Artana, which was ranked first in Ingram's… more

Would Stopping ‘Border War’ Help Landlords?

The end of the 'border war' in the the Kansas City metro area that gives tax incentives to businesses to cross the state line could soon come to a close if Kansas government adopts a proposal to stop the practice.… more