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Fortune Magazine Includes Express Scripts and Monsanto in World's Most Admired Companies|
ST. LOUIS, MO, (SLFP.com), February 19, 2017 - Express Scripts has been recognized by Fortune Magazine as one of the World's Most Admired Companies within the Health Care: Pharmacy and Other Services category.
"Express Scripts is honored to be named one of the World's Most Admired Companies," said Tim Wentworth, CEO and President, Express Scripts. "This recognition is driven by the commitment and passion of our 26,000 employees to make medicine more affordable and accessible for the 85 million people we serve."
In partnership with the Hay Group, Fortune's World's Most Admired Companies list is based on surveys from 680 companies across 28 countries. To establish the rankings, company executives, board directors and outside analysts were asked to rate companies on nine criteria, including innovation, social responsibility and quality of products and services.
Headquartered in St. Louis, Express Scripts provides integrated pharmacy benefit management services, including network-pharmacy claims processing, home delivery pharmacy care, specialty pharmacy care, specialty benefit management, benefit-design consultation, drug utilization review, formulary management, and medical and drug data analysis services. Express Scripts also distributes a full range of biopharmaceutical products and provides extensive cost-management and patient-care services.
Monsanto Company attained the rank of No. 2 within the company's industry sector, as one of the World's Most Admired Companies in the Forturne Magazine list.
"This ranking not only celebrates Monsanto's pledge to operating with transparency and reporting progress, but also underscores our global commitment to develop innovations and digital tools to help farmers address global issues such as climate change and food security."
"It's an honor to receive this recognition for the fourth year in a row," said Hugh Grant, Monsanto Chairman and CEO. "This ranking not only celebrates Monsanto's pledge to operating with transparency and reporting progress, but also underscores our global commitment to develop innovations and digital tools to help farmers address global issues such as climate change and food security."
Monsanto's continued efforts to provide a supportive, inclusive global workplace has led other third-party organizations to recognize the company as an employer of choice. In recent months, the Human Rights Campaign (HRC) named Monsanto as one of the Best Places to Work for LGBT Equality; Science Magazine recognized Monsanto as one of the world’s top science employers; and DiversityInc named Monsanto to its Top 50 Companies for Diversity List.
Israeli Tech Company Picks St. Louis for US Headquarters
ST. LOUIS, MO, (SLFP.com), January 29, 2017 - GlobalSTL, a BioSTL initiative to attract companies that create high-growth economic activity for St. Louis, has recruited Israeli tech company Atomation to St. Louis where the company will work on a special pilot project for Ameren. Atomation is the fifth Israeli company recruited by GlobalSTL to locate its U.S. headquarters in St. Louis.
In a release, Donn Rubin, president & CEO of BioSTL said, "We are delighted to welcome Atomation to St. Louis. By leveraging St. Louis' strengths, we are able to recruit companies like Atomation that enrich our community with cutting-edge technology and talent, boosting St. Louis' standing as a global center of innovation."
GlobalSTL worked closely with Ameren to recruit Atomation to St. Louis. Atomation will develop a pilot program for Ameren that connects utility poles to the internet by installing small, low-cost sensor packs on dozens of Ameren's utility poles. The packs will help Ameren remotely monitor the integrity and health of the poles, which will allow the company to pinpoint issues in real time and respond more quickly and efficiently to any problems or customer concerns. The program is being conducted at Ameren Illinois' Technology Applications Center (TAC) in Champaign, Illinois, a testing facility dedicated to innovation and smart-grid improvement.
"Developing innovative technologies to deliver safe, reliable and affordable energy to our customers is a top priority for Ameren and is consistent with our mission to power the quality of life," said Warner Baxter, chairman and CEO of Ameren Corporation and board chair of the St. Louis Regional Chamber. "We are proud to support regional economic development, we value our partnership with GlobalSTL, and we look forward to working closely with Atomation on this important pilot program."
Atomation CEO Guy Weitzman will come to St. Louis to establish the company's U.S. headquarters near its growing customer base. Also, he has recruited local talent to further scale the company's presence, creating approximately 20 new jobs.
"Compared to other U.S. regions, St. Louis has a hunger for innovation and an authentic will to implement new, practical technologies and processes," said Weitzman. "Thanks to GlobalSTL's relationships and their business development expertise, we've been connected to St. Louis clients in the agriculture, industrial automation and energy sectors with crucial technology needs - and where there are real needs, there is business potential."
GM Plans to Invest Additional $1 Billion in U.S. Plants
GM Headquarters in Detroit, as seen through "The Gateway to Freedom" sculpture, located on the Detroit Riverfront. The sculpture, by Ed Dwight, is a tribute to Detroit's Underground Railroad, which served as the gateway to freedom for thousands of African American people escaping enslavement until Emancipation in 1863.
ST. LOUIS, MO, (SLFP.com), January 17, 2017 - General Motors, headquartered in Detroit, has announced that it will invest an additional $1 billion in U.S. manufacturing operations. These investments follow $2.9 billion announced in 2016 and more than $21 billion GM has invested in its U.S. operations since 2009.
The new investments cover multiple new vehicle, advanced technology and component projects. A combination of 1,500 new and retained jobs are tied to the new investments. Details of individual projects will be announced throughout the year.
The company also announced it will begin work on insourcing axle production for its next generation full-size pickup trucks, including work previously done in Mexico, to operations in Michigan, creating 450 U.S. jobs.
"As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners," said GM Chairman and CEO Mary Barra in a release. "The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value."
GM's announcement is part of the company's increased focus on overall efficiency over the last four years. With a strategy to streamline and simplify its operations and grow its business, GM has created 25,000 jobs in the U.S. - approximately 19,000 engineering, IT and professional jobs and 6,000 hourly manufacturing jobs - and added nearly $3 billion in annual wages and benefits to the U.S. economy over that period. At the same time, GM reduced more than 15,000 positions outside the U.S., bringing most of those jobs to America. During that period, the company moved from 90 percent of its IT work being outsourced to an insourced U.S.-based model.
The General Motors Truck Group Wentzville facility, built in 1983, employs approximately 3500 employees that work over three shifts. In addition, Wentzville has a contiguous stamping facility on site that produces the majority of the body parts that are used in the production of the Chevy Express and GMC Savana full size vans and the Chevrolet Colorado and GMC Canyon mid-size trucks. The Wentzville Assembly Center is the global production site for the Full Size Van. To date, over 2.5 million Full Size Vans have been produced at Wentzville Assembly.
"We will continue our commitment to driving a more efficient business," said Barra, "as shown by our insourcing of more than 6,000 IT jobs that were formerly outside the U.S., streamlining our engineering operations from seven to three, with the core engineering center being in Warren, Michigan, and building on our momentum at GM Financial and in advanced technologies. These moves, and others, are expected to result in more than 5,000 new jobs in the U.S. over the next few years."
GM has also been facilitating its supplier base to do the same. The company has been executing a strategy to create supplier parks adjacent to its U.S. manufacturing sites (already accomplished at GM's Fairfax Assembly Plant in Kansas, Spring Hill Assembly Plant in Tennessee, Fort Wayne Assembly Plant in Indiana, and Lordstown Assembly Plant in Ohio), and will continue to expand this effort. Supplier parks locating near assembly plants result in significant savings from reduced transportation costs, higher quality communications and continuous improvement activities as suppliers are located closer to the final assembly location.
In addition, GM is confirming that another supplier has committed to make components for GM's next-generation full size pick-up trucks in Michigan, moving 100 supplier jobs from Mexico to the U.S.
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