Local Business Headlines
- St. Louis Freightway, Port of New Orleans sign pact aimed at fostering economic growth
- J.C. Penney says it will close up to 140 stores
- Alton resident presented Living Legends Award
- Economic development course series starts March 1
- World’s Largest Garage Sale makes return April 23
- CNB Bank & Trust announces new financial advisor
- SIUE implements reverse transfer credit program with LCCC
- Divine Immanence LLC, Maryville beauty supply business, opens
High-speed rail is slow on funds
Project snags in Metro East
Consulting engineers are trying to figure out how to bring the Chicago to St. Louis high-speed rail line across the Mississippi River to its destination in downtown St. Louis. However, once planning is completed, there is no money for any construction on the project south of Granite City.
“Right now I don’t believe there is any additional funding available for high-speed rail,” said Scott Speegle, the passenger rail marketing manager for the Illinois Department of Transportation. “But, two years or three years from now — sometime down the road — we’re hopeful. The reason these studies are necessary though at this time is they put us in a position so we’re ready to jump on money if and when it becomes available. Other states that haven’t done the studies will be behind us. If we didn’t do the studies and three years down the road there’s a pot of money that opens up for high-speed rail, we wouldn’t be able to get it.”
Port district eyes faster freight movement with new South Harbor
America’s Central Port will substantially increase its role as a national hub for freight movement when its South Harbor project is completed, officials say.
Construction of the harbor terminals began in mid-October and will conclude next summer, wrapping up investment of more than $45 million at the Mississippi River facility in Madison.
The 1,200-acre mixed-use business and industrial park is owned and operated by the Tri-City Regional Port District. The South Harbor terminals are the second phase of a multi-phase project that began almost four years ago.
U.S. News & World Report, Best Lawyers Rank
Simmons Hanly Conroy among 2015 ‘Best Law Firms’
Firm makes the prestigious list for second consecutive year
ALTON – Simmons Hanly Conroy LLC, a nationwide complex litigation firm headquartered in Alton, has been highly ranked for the second consecutive year in the "Best Law Firms" list by U.S. News & World Report and Best Lawyers.
In 2014 and 2015, the firm received metropolitan St. Louis Tier 1 and Tier 2 rankings in the practice areas of personal injury litigation – plaintiffs and product liability litigation – plaintiffs, respectively.