From the editor: People of vision
This year we decided to do something a little different with our annual Progress publication. Instead of highlighting the projects going on in Cape Girardeau -- and there are many of them -- we decided to spotlight some of the people who are shaping our communities...
Progress 2013: From the editor
Dear reader, Within this year's Progress edition, you'll see undeniable evidence of the tremendous work and growth being seen in our region. Whether private investments or public projects, you won't be able to turn a page without seeing it. Shovels turning dirt...
SoutheastHEALTH, which operates Southeast Hospital, expanded its footprint in 2012, and also officially named its new leader. May 4 -- Trustees picked Wayne Smith to be president and CEO at SoutheastHEALTH, a position he had held on an interim basis since the summer before...
Chaffee sewer project
CHAFFEE, Mo. -- Chaffee, Mo., voters went to the polls April 5, 2011 to decide several municipal questions. They increased the city sales tax rate by a quarter-cent, lending their support for the tax for fire department operations, but not for stormwater and park improvements. City officials said the tax could have brought in $90,000, allowing them to tackle some of Chaffee's drainage issues...
Ramsey Creek Bridge
It was a development residents of Scott City had been waiting on for years. In December of 2012, it finally happened. A new outer road over Ramsey Creek was completed and will ease a traffic bottleneck in the city. The project began in October of 2010, when a groundbreaking ceremony was held in front of William Nobbe & Co., marking the start of construction to Route AB. ...
Cape Girardeau School District
In 2010, Cape Girardeau voters approved a $40 million bond issue for improvements to the public school district. Those improvements included a new Franklin Elementary School, a new library at Central Junior High, an addition to Central High with 22 classrooms and a new performing arts center at Central High. Many of those projects came to fruition in 2012...
Southeast Missouri State University improvements
The year 2012 was a big one for improvements made on the campus of Southeast Missouri State University. The student population required the expansion resident halls. Work continued on Academic Hall, including replacing the copper of the dome and upgrading its interior. And plans have moved forward on an expansion of the River Campus...
Broadway streetscape project
The $4.4 million Broadway corridor project was one of the more visible improvements in Cape Girardeau in 2012. It was paid for with voter-approved Transportation Trust Fund money and will be reimimbursed with revenue from the Isle Casino Cape Girardeau. It redesigned Broadway from Water Street to Pacific Street, providing a pedestrian promenade on the north side of the street, new sidewalks, curbing and gutters, storm sewer and pedestrian lighting...
Isle of Capri casino
It was the biggest story of 2012 in terms of development in Cape Girardeau. The Isle of Capri Casino opened on Halloween eve of 2012, the culmination of years and years of behind-the-scenes plans, financial risks, legislative delays, a public vote, bureaucratic scrutiny, tax revenue arrangements and building construction. ...
Progress 2013: Cape Girardeau construction
Number of construction units and total costs, last five years in Cape Girardeau
Year Units Cost in $
2008 331 $42,274,885
2009 329 $61,443,936
2010 307 $22,661,506
2011 330 $65,710,926
2012 289 $51,944,570
Source: City of Cape Girardeau
Progress 2013: Average unemployment rates
Average Unemployment rates over the last five years Source: U.S. Bureau of Labor Statistics...
CVS and Plaza Tire
A major retail announcement was made just after the New Year, when Plaza Tire Service announced it was moving to a new facility, and that CVS, a national pharmacy chain, was moving to the Plaza Tire location at William Street and Kingshighway. Jan. 3, 2013 -- Plans were announced for Plaza Tire Service to move to a new facility at Good Hope Street and South Kingshighway, across from Hobby Lobby, and for CVS Pharmacy to build a store at Plaza Tire's current location at William and South Kingshighway. ...
The landscape near the Kingshighway and Lexington Street in Cape Girardeau has taken on a new look with the construction of a new development. The building, set to open on March 4, is 31,000 square feet, and will house Banterra Bank along with several other tenants. It will be called the Banterra Centre. Developer Scott Rhodes with The Rhodes Group, said about 30 construction employees have been working on the building over the last 15 months...
Nordenia USA opened a new consumer packaging production facility in the Spring of 2012, the first tentant at a long-standing and long-empty industrial park owned by the city of Jackson. The $22 million-plus project added 50 jobs. In October, Nordenia was purchased by Mondi, a company based in Germany...
Saint Francis Medical Center
Saint Francis Medical Center made a major financial commitment in 2012, announcing plans for a huge expansion that will provide single-bed rooms for the hospital as well as give a major face-lift to its entrance. It will be one of the largest capital investments in Cape Girardeau's history...
Menard's a major retailer opened shop in 2013, after completing construction of its store at Siemers Drive and Bloomfield Road. The $8 million project -- which included a 162,340-square-foot retail store, garden center and lumber warehouse -- was Cape Girardeau's first large retail development since 2006, when both Sears Grand and Kohls opened off Siemers Drive. It was Cape Girardeau's first large retail development since 2006, when both Sears Grand and Kohl's opened off Siemers Drive...
Progress 2013: Jackson sales tax revenue
Jackson Sales tax revenue, last five years Sales Tax 2012 2011 2010 2009 2008 $2,111,831 $2,052,623 $2,042,934 $1,998,624 $2,112,218 Transportation sales tax 2012 2011 2010 2009 2008 $997,667 $963,685 $957,708 $931,111 $988,437 Total 2012 2011 2010 2009 2008...
Progress 2013: Jackson Chamber membership
Jackson Chamber of Commerce membership, last five years
2009 -- 300
2010 -- 350
2011 -- 400
2012 -- 450
2013 -- 500
Source: Jackson Chamber of Commerce
Progress 2013: Perry County Sales Tax Revenue
Perry County sales tax revenue, by category, last five years 1/2 cent General Revenue Fund Sales Tax 2009 $1,127,534.49 2010 $1,148,893.20 2011 $1,155,872.40 2012 $1,161,109.48 3/8 cent Road & Bridge Sales Tax 2009 $844,976.98 2010 $861,381.04 2011 $866,375.87...
Progress 2013: Jackson business licenses
Number of business licenses issued in Jackson, last three years
2010 2011 2012
1193 1274 1319
Source: City of Jackson
Progress 2013: Scott City sales tax revenue
Scott City sales tax revenue, last five years*
* Fiscal year beginning in July, through the following June
Source: Scott City government
Progress 2013: Jackson construction
Total declared construction costs in Jackson, last five years
2012 2011 2010 2009 2008
$26,124,470.05 $ 24,902,592.67 $11,959,478.80 $18,836,379.00 $12,858,753.11
Source: city of Jackson
Progress 2013: Cape Girardeau Sales Tax
Cape Girardeau sales tax revenue, last five years
2008 2009 2010 2011 2012
$4,259,309.54 $4,249,663.99 $4,375,737.35 $4,590,877.56 $4,775,086.67
Source: City of Cape Girardeau
Progress 2013: Cape Girardeau County sales tax revenue
2010 2011 2012 2013
$6,238,401.42 $6,492,658.27 $6,630,258.43 $6,505,809.94
Progress 2013:Cape County Home sales
Number of home sales, Cape Girardeau County, last five years
Cape Jackson County
2008 427 286 763
2009 436 308 785
2010 391 273 715
2011 392 290 729
2012 396 341 798
Source: Multiple Listing Services
Progress 2013: Cape Girardeau new business licenses
Number of new business licenses issued in Cape Girardeau, last five years
Source: City of Cape Girardeau
Progress 2013: Cape Girardeau Chamber membership
Cape Girardeau Chamber of Commerce membership, last five years
Source: Cape Girardeau Chamber of Commerce
Progress 2013: Perryville Chamber membership
Perryville Chamber of Commerce membership by year, last five years
Source: Perryville Chamber of Commerce
Progress 2013: Total motor vehicle sales for Cape Girardeau County
Motor vehicle sales for Cape Girardeau County for the last five years Source: Missouri Department of Revenue...
Progress: 2013 Scott County Sales Tax Revenue
Scott County total sales tax revenue for the last five years
2008 2009 2010 2011 2012
$1,655,929 $1,628,874 $1,682,751 $1,745,782 $1,784,530
Source: Scott County government
Southeast Missourian business headlines
Missouri lawmakers pass $1.7B incentive plan for Boeing
JEFFERSON CITY, Mo. -- Missouri lawmakers gave final approval Friday to a plan offering up to $1.7 billion in incentives over more than two decades if Boeing agrees to assemble a highly sought-after passenger plane in the St. Louis area. The incentives will be a key part of Missouri's bid for the Boeing 777X jetliner in a competition featuring more than a dozen states from coast to coast -- many of which, like Missouri, already have a sizable Boeing workforce...
Group files petition for a taxing district downtown
In an effort more than three years in the making, representatives of a proposed Downtown Cape Girardeau Community Improvement District on Thursday morning filed a petition with the city clerk requesting the city council form a Community Improvement District in the areas of Broadway, Water, Main and Spanish and portions of adjoining streets...
EU fines global banks $2.3B for market rigging
AMSTERDAM -- The European Commission has fined a group of major global banks a total of $2.3 billion for colluding to profit from the manipulation of key interest rates. The banks that received fines, which include JPMorgan, Citigroup and Deutsche Bank, are accused of manipulating for years European and Japanese benchmark interest rates that affect hundreds of billions of dollars in contracts globally, from mortgages to credit card bills...
Missouri Boeing incentives could total $1.7B
JEFFERSON CITY, Mo. -- Missouri senators hoping to land production of a new Boeing airplane were set to begin debate today on a package of incentives valued at up to $1.7 billion over two decades. The proposed incentives -- which are dependent on the creation of thousands of new jobs -- cleared their first test Tuesday evening by flying through a Senate committee that heard testimony from a large contingent of St. Louis area officials backing the plan...
Mo. starts session on Boeing incentives
JEFFERSON CITY, Mo. -- Missouri lawmakers were seeking additional information as they started work Monday on an incentives package aimed at winning production of Boeing's new 777X commercial airplane. A special legislative session called by Gov. ...
Jackson aldermen choose narrow-network insurance plan for city employees
The Jackson Board of Aldermen on Monday unanimously passed an ordinance authorizing a contractual agreement with United Healthcare to provide health insurance for the close to 130 city of Jackson employees. Jim Roach, Jackson city administrator, said Monday the board chose to switch health insurance providers from Anthem Blue Cross/Blue Shield to United Healthcare of Maryland Heights, Mo., and in turn, switch to a narrower network...
Amazon: Drones could deliver packages in less than 30 min.
NEW YORK -- Amazon is working on a way to get packages to customers in 30 minutes or less -- via self-guided drone. Consider it the modern version of a pizza delivery boy, minus the awkward teenager. Amazon.com Inc. says it's working on the so-called Prime Air unmanned aircraft project but it will take years to advance the technology and for the Federal Aviation Administration to create the necessary rules and regulations...
Record crowds hit the stores over Black Friday weekend
NEW YORK -- Did stores shoot themselves in the foot? Target, Macy's and other retailers offered holiday discounts in early November and opened stores on Thanksgiving Day. It was an effort to attract shoppers before Black Friday, the day after Thanksgiving that traditionally kicks off the holiday shopping season...
Business Notebook 12/2/13
email@example.com 388-3632 Pertinent addresses: 57 S. Plaza Way, Cape Girardeau, MO 465 S. Mount Auburn Road, Suite 103, Cape Girardeau, MO 125 S. Broadview, Suite 11, Cape Girardeau, MO 1527 S. Perryville Blvd., Perryville, MO...
People on the Move 12/2/13
Gardner named to board of law examiners Michael Gardner of Cape Girardeau has been appointed by the Missouri Supreme Court to the state board of law examiners. The board is responsible for administering the bar exam and evaluating applicants' character and fitness for admission to the practice of law. Gardner practices with Osburn, Hine, Yates and Murphy LLC in Cape Girardeau...
Mexican drug cartels deal in ore
MEXICO CITY -- Mexican drug cartels looking to diversify their businesses long ago moved into oil theft, pirated goods, extortion and kidnapping, consuming an ever larger swath of the country's economy. Federal officials confirmed the cartels have even entered the country's lucrative mining industry, exporting iron ore to Chinese mills...
Union Co. to develop future entrepreneurs
Union County is the next in line to offer a program that will develop the talents of future entrepreneurs. What makes the program different is that it involves high-school students taking the course outside the school building and in the business community for two course credits...
Bob Drury, part owner of Drury Hotels, CEO of Drury Southwest, dies
Robert "Bob" A. Drury, seen as a pioneer in the hotel, land development and contracting industries, died Thursday at his home in San Antonio. He was 81. Drury was CEO of Drury Southwest, which includes hotels, a bowling alley, real estate development and outdoor advertising, according to the firm's website and Walter Ford of Ford & Sons Funeral Home, which is handling arrangements...
Black Friday hasn't yet lost its allure
West Park Mall in Cape Girardeau was crowded with people of all ages, their hands full of colorful shopping bags stuffed with merchandise, as they made their way in and out of stores for the annual -- if unofficial -- day-after-Thanksgiving shopping holiday...
Nixon calls special session for Boeing incentives
JEFFERSON CITY, Mo. -- Gov. Jay Nixon wants state lawmakers back at the Capitol this week in hopes of persuading the Boeing Co. to land its new 777X jet plant in Missouri. Nixon on Friday called a special legislative session to begin Monday to approve an economic incentives package of up to $150 million annually he said must be completed quickly before Boeing decides where to the build the new commercial airplane...
Downtown has giveaways for Small Business Saturday
Between the shopping frenzy associated with Black Friday and Cyber Monday falls Small Business Saturday, an initiative started by American Express in 2010 that encourages people to shop locally the Saturday after Thanksgiving. Retail tax revenue earned from buying local products and services helps fund city services and keeps more money in the community...
Shoppers get early jump on Black Friday
Many area stores that opened their doors Thanksgiving evening for early Black Friday discounts on merchandise were greeted by lines of customers despite the holiday. The Friday after Thanksgiving is known to kick off the holiday shopping season as crowds of shoppers wake up early -- or stay up late -- to score deep discounts on merchandise. Some stores this year offered Black Friday discounts on Thanksgiving Day...
U.S. home permits rise at 5-year high on apartments
WASHINGTON -- U.S. developers received approval in October to build apartments at the fastest pace in five years, a trend that could boost economic growth in the final three months of the year. Permits to build houses and apartments were approved at a seasonally adjusted annual rate of 1.034 million, the Commerce Department said Tuesday. That's 6.2 percent higher than the September rate of 974,000 and the fastest since June 2008, just before the peak of the financial crisis...
Dow, S&P 500 nudge higher; Nasdaq ends above 4,000
NEW YORK -- Upbeat news from the housing industry and luxury retailer Tiffany & Co. nudged the stock market higher Tuesday. Investors also got another market milestone when the Nasdaq composite closed above the 4,000-point mark for the first time in 13 years...
Black Friday brings big business to local retailers
Area stores are turning on holiday music, decorating for Christmas and preparing for the holiday shopping season -- particularly Black Friday. The Friday after Thanksgiving is known as the kick off of holiday shopping as crowds of shoppers wake up early, or stay up late, to score deep discounts on merchandise...
Analysis: Missouri tax policy dates to Depression
JEFFERSON CITY, Mo. -- The U.S. was in the throes of the Great Depression when Missouri legislators decided to impose a 4 percent tax on personal income over $9,000 as a means of funding state government. That decision has stood for decades, even as it has become increasingly outdated...
Mo. businesses paying more for jobless benefits
JEFFERSON CITY, Mo. -- Missouri businesses will pay higher unemployment taxes next year in order to pay down a state debt to the federal government. Missouri began borrowing from the federal government in 2008 to pay jobless benefits after an economic downturn drained the state's unemployment benefits trust fund. That debt has remained outstanding for several years...
Business Notebook: Saint Francis, school board officials meet about health plan
Emily Sikes, account services coordinator of Saint Francis Medical Center's marketing department, on Friday said Cape Girardeau Public School District superintendent Dr. James Welker and assistant superintendent of support services Neil Glass met with president and CEO of Saint Francis Steven Bjelich as well as Saint Francis vice president of finance Tony Balsano regarding the hospital's announcement of a program that will reimburse school district employees up to $500 per family if they choose to include the hospital in their 2014 insurance network.. ...
People on the move 11/25/13
The Missouri Hospital Association board of trustees has appointed Saint Francis Healthcare System president and chief executive officer Steven Bjelich as state alternate delegate to the American Hospital Association Region 6 Policy Board. ...
Judge denies new trial against Monsanto
OXFORD, Miss. -- A federal judge has denied a motion for a new trial from a north Mississippi company sued by Monsanto Co. for saving seeds from one harvest and planting them the following season. U.S. District Judge Michael Mills ruled this week that Mitchell and Eddie Scruggs owe Monsanto Co. $6.3 million in damages as a jury found in 2010. Prejudgment interest dating back to 2000 has increased the amount to $8.9 million...