Kansas

Tax cuts hurt Moody’s rating of Kansas bonds

Moody's Investors Service says Kansas’ financial outlook is negative as a result of revenue shortfalls caused by the 2012 tax cuts championed by Gov. Sam Brownback. The rating service this week assigned a Aa3 rating to $49 million worth of… more

Kansas taps HPE, Cerner for new Medicaid system

Hewlett Packard Enterprise last week announced that the Kansas Department of Health and Environment had selected HPE to upgrade the state’s Medicaid Management Information System. As part of the $215 million contract, HPE will establish the Kansas Modular Medicaid System… more

Terracon continues growing with acquisitions

Olathe, Kan.-based Terracon, a leading provider of environmental, facilities, geotechnical and materials services, this week announced the acquisition of two companies on opposite ends of the country. Terracon said it had acquired Mayes Testing Engineers of Lynnwood, Wash., retaining all… more

Cerner 2Q Results Show Continued Growth

Kansas City, Mo.-based health-care information services giant Cerner on Tuesday announced results for the second quarter that ended July 2. Bookings in the quarter were $1.4 billion, an increase of 9 percent compared to $1.29 billion in the second quarter… more

Spec Industrial Building Set for Intermodal Hub Area

The Minneapolis-based Opus Group has announced plans for a 205,000-square-foot speculative industrial facility in Olathe. Reflecting the strength of the market, this new development will continue to expand Opus’ development presence in the Kansas City area. “We’re thrilled to be… more

Fitness Products Bulk Up Garmin Earnings

Garmin Ltd. (Nasdaq: GRMN – News) on Wednesday announced results for the second quarter ended June 25, 2016, with growth in fitness and outdoor-sports products more than making up for continuing decline in its original auto-direction business. The company is… more

AWG to Acquire Another Regional Grocery Coop

Kansas City, Kan.-based Associated Wholesale Grocers and Norfolk, Neb.-based Affiliated Foods Midwest Cooperative announced that they have reached an agreement to combine the two cooperatives’ distribution businesses.   “This exciting endeavor is exactly what we need to allow our retailers to… more

University of Kansas Hospital to Break Ground on New Facility in Overland Park

     The University of Kansas Hospital will break ground on a new $100 million facility in Overland Park on Wednesday afternoon, one that will add operating rooms and inpatient rooms, imaging operations and patient amenities.      The expansion of the… more

Two Huge Spec Buildings Going Up at Logistics Park KC

NorthPoint Development has announced the start of construction of Inland Ports XXXII, a 765,927 square-foot building and XXXIII, a 927,155 square-foot building, both constructed on a speculative basis at Logistics Park Kansas City. LPKC is a 1,700-acre master-planned distribution and… more

BNIM Staying Downtown; Leases Space in Crown Center

BNIM will Move Headquarters to Crown Center    BNIM announced this morning that it would keep its headquarters in Downtowh Kansas City by leasing nearly 20,000 square feet in the Crown Center office complex, anticipating a move into that space… more