MilliporeSigma boosts St. Louis with $76M investment and 170 jobs added, SLAM Ranked Among Nation's Best Art Museums, and More
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MilliporeSigma Invests $76M, Adds 170 Jobs to Expand Manufacturing Capabilities in St. Louis
A $76 million investment from MilliporeSigma — the U.S. and Canada Life Science business of Merck KGaA, Darmstadt, Germany — will add 170 jobs and expand the company’s manufacturing capabilities and capacity at its Bioconjugation Center of Excellence in St. Louis City, just blocks from NGA's current campus south of Downtown. The investment not only triples production capacity for MilliporeSigma’s cutting edge antibody-drug conjugate manufacturing, it doubles down on St. Louis as a place that has the ecosystem and support to bring innovation to life.
“We are shaping tomorrow’s cancer care, today,” said Benjamin Hein, Head of Life Science Services for MilliporeSigma. “With this investment, we are not just enhancing our capabilities; we are investing in our clients’ success by accelerating innovation and development to ultimately deliver novel therapies to patients more quickly.”
Karsanbhai: Investment in St. Louis is Necessary — and Worth It
In its decision last year to remain in St. Louis, Emerson — a Fortune 500 company and an executive-level member of the GSL Chair’s Council — set an example for companies large and small to commit themselves to the metro. This week, CEO Lal Karsanbhai doubled down on St. Louis’ value — and the need for leaders to continue their investment and involvement in the community.
"These companies move where management wants to live and where there are tax advantages," Karsanbhai said. "I wanted to live here. I wanted to raise my kids here, and the data supported my decision."
New Internship Program Aims to Retain International STEM Students
A new internship program from the St. Louis Mosaic Project will connect companies to international STEM students — an effort to retain more of the thousands who study here. The program builds on momentum seen in recent U.S. Census Bureau numbers, with the St. Louis metro recording the country’s highest percentage increase in foreign-born population last year. A number of companies and organizations have already signed on, including GSL; the Mosaic Project hopes to have around 20 in total.
Washington Post: Saint Louis Art Museum Ranks Among the Country’s Best
Here in the St. Louis metro, we’ve long known that the Saint Louis Art Museum, a GSL Investor Council member, is a gem hidden in plain sight, but The Washington Post just acknowledged its prowess, naming our beloved SLAM as one of the top art museums in the nation. The Post’s art critics rank the Saint Louis Art Museum as #12, referencing its geography in the “huge, gorgeous” Forest Park and calling its art collection “broad and deep.”
Local Exhibition Makes National News: The Pulitzer Arts Foundation was mentioned in the New York Times this week for its role in elevating the work of sculptor Scott Burton in one of the largest exhibitions since his death in 1989. Read about it.
Stifel Fund to Support Small Businesses in Aerospace, Defense
A new private equity fund from Stifel Financial Corp. — an executive-level member of the GSL Chair’s Council — will provide capital to small and mid-sized American manufacturers in the aerospace and defense industries, with a specific focus on increasing additive and advanced manufacturing capabilities in the domestic supply chain. A Small Business Investment Company license from the Small Business Administration will help supplement capital and expand reach.
Lambert Airport Earns Environmental Approval from FAA
St. Louis Lambert International Airport, a GSL Chair's Council member, is one step closer to transformation. The Federal Aviation Administration has determined that Lambert’s plans will have no significant environmental impact, finalizing the federal body’s approval for a new, single terminal renovation. The project is vital to attracting new businesses and residents to our metro and driving inclusive growth.
New Bike Trail Makes Connections in Madison County
A new $3 million trail and bicycle-pedestrian bridge in Madison County, Illinois, is helping to connect the St. Louis metro. Opened by Madison County Transit this week, the new “Yellowhammer Connector” bridges the campus of Southern Illinois University — a GSL Investor Council member — with the county’s 138-mile trail network.
Berges Family Foundation Convenes Partners, Marking a Decade of Giving
This week, the Berges Family Foundation held its inaugural Community Partners Convening at Delmar Divine, welcoming 115 community leaders from 63 grantee organizations. The day-long event was designed to build relationships, discuss pressing issues in the St. Louis region, and consider new approaches to community building. Orvin Kimbrough, CEO of Midwest BankCentre, and Rhonda Broussard, CEO of Beloved Community in New Orleans, were featured speakers.
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