Key Points
- STL 2030 Jobs Plan identifies advanced manufacturing as an industry sector critical to growth.
- National report projects advanced manufacturing megaprojects will grow from $50 billion in 2019 to over $350 billion by end of this decade.
- Megaproject = $1 billion in new capital investment and 500 jobs.
- Missouri is not keeping pace with surrounding states on attracting manufacturing megaprojects.
- Greater St. Louis, Inc. researched and developed the Advanced Manufacturing Recruitment Act to help land more megaprojects in Missouri; testified today before Mo. House Economic Development Cmte.
- AMRA introduced in the Mo. House by Rep. Brad Christ & Sen. Mary Elizabeth Coleman in Mo. Senate.