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Edward Jones, which ranked No. 10 on FORTUNE magazine's "100 Best Companies to Work For 2016," is headquartered in St. Louis. © SLFP.com archived file
Edward Jones Receives Another Honor: Best Workplace in Financial Services and Insurance
ST. LOUIS, MO, (PRNewswire), July 24, 2016 - Adding to a series of recognitions, Edward Jones has been named one of the country's Best Workplaces in Financial Services and Insurance by Fortune magazine and consulting firm Great Place to Work©.
Edward Jones ranked No. 6 on 30 Best Workplaces in Financial Services and Insurance. It was also the top-ranked national brokerage among all 30 companies, as it is on all recent workplace honors.
"We are proud of this associate feedback that says we have created one of the best places to work within our industry," says Managing Partner Jim Weddle. "As a partnership, our entire business is built around offering career-long support for our financial advisors and branch teams as we serve individual investors together."
On issues of fairness, professional advancement, camaraderie and other traits essential to a rewarding career, Edward Jones exceeded benchmarks for comparably-sized organizations striving to create a great workplace.
"The Best Workplaces in Financial Services and Insurance prove that money isn't everything," said Michael Bush, CEO of Great Place to Work. "While employees give them high marks for compensation, these businesses also offer a level playing field for advancement and consistent opportunities for professional growth. In turn, team members at the Best Workplaces report high levels of commitment and cooperation that give these organizations a competitive advantage."
The Best Workplaces in Financial Services and Insurance is one of a series of rankings by Fortune and Great Place to Work based upon employee surveys. They recently named Edward Jones the No. 20 Best Workplace for Gen Xers, the No. 2 Best Workplace to Retire From, the No. 23 Best Workplace for Flexibility and, in 2015, the No. 31 Best Workplace for Women and the No. 10 Best Workplace for Millenials. In every case, Edward Jones was the top-ranked national brokerage.
In addition, for the 17th year, Edward Jones was named one of FORTUNE magazine's "100 Best Companies to Work For 2016." The firm took the No. 10 overall spot on the exclusive ranking.
Plan to Transform Former Chrysler Site into Logistics Park Closer with County Approval for TIF Funding
ST. LOUIS, MO, (SLFP.com), July 21, 2016 - KP Development, a St. Louis-based developer, said that the St. Louis County Tax Increment Financing Commission has recommended approval of $34.6 million in TIF funding for the redevelopment of the former Chrysler Assembly Plant site in Fenton, MO.
The TIF Commission's recommendation, which came during a public hearing held Monday night at Fenton City Hall, brings KP Development one step closer to ramping up its work to breathe new life into the former 295-acre Chrysler site through the creation of a $222 million, 2.1 million-square foot business park. The TIF Commission's recommendation will now be forwarded to the St. Louis County Council for consideration and final approval in August.
The redevelopment site, which is known as Fenton Logistics Park, is expected to feature nearly 1.2 million square feet of manufacturing, logistics and warehouse space; 480,000 square feet of office/warehouse and flex space; 182,500 square feet of retail, restaurant and hotel space, and 105 acres of land owned by the BNSF Railway for anticipated additional railroad services. The overall development has the potential to result in 2,500 - 3,000 permanent jobs, pumping an estimated $135 million in wages to the region. The actual redevelopment of the site is also expected to create 500-750 construction jobs over the next several years.
"We are thrilled with the St. Louis County Tax Increment Financing Commission's decision to recommend this necessary funding and pave the way for the rejuvenation of a dilapidated, vacant and obsolete industrial site that represents an important phase in the history of St. Louis' economy," said Scott Haley, Managing Director of KP Development.
"This action is essential to making the Fenton Logistics park project a reality. We look forward to accelerating our work to redevelop this site, and ultimately creating thousands of sustained jobs and renewal of an area which once employed so many," stated Haley.
Due to the extent of the site work needed, KP Development also is seeking an additional $17 million in state supplemental tax increment financing assistance. The final decision on the state TIF is expected in fall 2016.
Boeing Opens Collaborative Autonomous Systems Laboratory in Missouri
ST. LOUIS, MO, (SLFP.com), July 5, 2016 - Boeing has opened a new research laboratory to test hardware and software that will make a new generation of autonomous air, sea and land vehicles work together more effectively as a team or unit.
The lab will serve as the company's leading location for collaborative autonomous technology development with academic institutions and research partners, including government agencies and other companies.
Boeing leaders were joined by St. Charles Mayor Sally Faith, St. Charles County Executive Steve Ehlmann and employees for a ribbon-cutting and demonstrations of the lab capabilities.
"Collaborative technology is at the forefront of innovation for taking advanced vehicles that already carry out dull, dirty or dangerous work, such as assisting in search and rescue, firefighting and military missions, and making them even more effective," said Nancy Pendleton, leader of the Boeing Research & Technology Missouri research center, said during the ribbon-cutting ceremony. "This lab provides us an outstanding environment to experiment and innovate with a variety of autonomous vehicles and the systems and sensors that drive them, from small unmanned aerial vehicles to unmanned undersea vehicles."
The 8,100-square-foot (753 square-meters) Collaborative Autonomous Systems Laboratory is dedicated to the development, maturation and validation of autonomous and multi-vehicle collaboration technologies.
The cornerstone of the lab is an 80,000-cubic-foot motion capture system that allows the facility to simultaneously operate multiple unmanned air vehicles (UAVs) and unmanned ground vehicles. The indoor flying test range contains a high-resolution blended projection system for the development and testing of vision-based technologies, such as image processing algorithms or detection of moving objects in scenery. The projection system can work in concert with the motion capture system and high-fidelity simulations to support live-virtual testing in realistic simulated scenarios. The facility also includes an enclosed, vented area that enables an around-the-clock reliable test environment and access to Global Positioning System and other signals used for ground testing and static engine runs of small UAVs.
"Autonomy is revolutionizing our world and this lab will be an important part of our mission to deliver solutions across air, land and sea for global customers," said Kory Mathews, vice president of Autonomous Systems, a division of Boeing Military Aircraft also headquartered in St. Louis.
The CASL is part of the Boeing Research & Technology-Missouri (BR&T-Missouri) research center. Other BR&T-Missouri research labs and capabilities include the Non-Destructive Test Lab, the Human Systems Integration Center and a Polymer Synthesis Lab. More than 700 engineers, technicians and staff at BR&T-Missouri develop a variety of technologies that involve systems, digital aviation and support, rate-independent production and next-generation materials.
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