Business

Business
1:22 pm
Thu September 13, 2012

Kansas Star Casino Exceeding Revenue Expectations

The Kansas Star Casino near Mulvane continues to easily exceed revenue projections.

The Kansas Lottery said Wednesday that entering September, the casino generated $129.5 million since it opened in mid-December last year. It has been averaging more than $15 million a month. The lottery owns and operates the casino's games.

If that pace continues, the casino will bring in more than $180 million this year. In 2010, consultants predicted the casino would generate $159.1 million in 2012.

Read more
Small Business
8:33 am
Thu September 13, 2012

State Officials Speak To Small Business Owners On Empowerment Tour

Kansas Secretary Pat George (standing,) Labor Secretary Karin Brownlee and Revenue Secretary Nick Jordan discuss tax reform with small business owners at the Wichita Metro Chamber of Commerce.
Carla Eckels

State officials stopped in Wichita Wednesday as part of their Kansas Small Business Empowerment Tour.

The officials focused on tax reform and economic development across the state.

Kansas Commerce Secretary Pat George, Revenue Secretary Nick Jordan and Labor Secretary Karin Brownlee met with Wichita business owners and other residents to discuss tax reform changes for 2013.

Secretary George says small businesses make up more than 90 percent of the jobs in the state and nationwide. 

Read more
Wichita City Council
1:01 pm
Wed September 12, 2012

Wichita City Council Approves Incentives For NetApp Expansion

The sign in front of NetApp headquarters in Silicon Valley, California.
Ferran Rodenas Flickr

On a 6-1 vote, Wichita City Council members approved an economic incentive grant for NetApp Tuesday, an information technology company that plans to expand in Wichita.

An estimated 418 new customer service employees are expected to double NetApp’s workforce over the next 5 years. The company also plans to invest $86 million in new equipment.

Wichita’s Economic Development Director Allen Bell told the council NetApp had opportunities to expand in other states such as North Carolina, but chose Wichita to grow their customer support center.

Read more
Aviation
1:12 pm
Mon August 27, 2012

Court: Age Discrimination Unproven In Boeing Sale

A federal appeals court panel has sided with The Boeing Company and Spirit AeroSystems in an age discrimination lawsuit.

The lawsuit was filed by 90 former Boeing workers after the 2005 sale of its commercial airplane operations in Kansas and Oklahoma.

The 10th U.S. Circuit Court of Appeals ruled today that while employees showed discrimination occurred during the sale, the workers cannot prove a pattern existed.

Read more
Employment
1:04 pm
Thu August 23, 2012

400 New Jobs Coming To Wichita

A data management company plans to add more than 400 jobs in Wichita over the next five years.

The Kansas department of Commerce and the Greater Wichita Economic Development Coalition announced Thursday that NetApp, a provider of storage and data management solutions, will significantly expand its Wichita facility.

The plan to add more than 400 jobs over the next five years will nearly double its workforce in Wichita, when added to their existing 450 employees.

Read more
Business
7:19 am
Thu August 9, 2012

US Negotiator To Discuss Trade With KS Producers

The nation’s chief agricultural negotiator plans to meet with Kansas producers to talk about trade issues.

Isi Siddiqui is a presidential appointee in the Office of the U.S. Trade Representative. He planned several stops in Kansas today to discuss efforts to bring down trade barriers and increase U.S. farm exports.

In Johnson County, Siddiqui is to tour Bayer Animal Health Company and Kansas State University’s research lab. He also plans to tour the Cargill Innovation Center in Wichita and host a roundtable meeting with the Wichita Agribusiness Council.

Aviation
7:11 am
Tue August 7, 2012

Airbus Holds Summit, Vows To Double Investments

European airplane maker Airbus Monday announced plans to double investments in the US at the first Air Capital Supplier Summit in Wichita.

Senator Jerry Moran and Airbus Americas Chairman Allan McArtor hosted the event.

Moran says the partnership between Airbus and Kansas suppliers is aimed at growing the aviation industry in the state through more contracts with the France-based aircraft maker.

Airbus has an engineering center here in Wichita with more than 350 employees, making the Wichita facility the company’s largest engineering center outside of Europe.

Read more
Downtown Development
5:55 am
Thu July 26, 2012

Ground Broken On ‘Block 1’ Downtown

A digital representation of the completed 'Block 1'.
Press courtesy photo

A ground breaking event was held Wednesday to build new headquarters for the Kansas Leadership Center and Kansas Health Foundation Conference center in downtown Wichita. 

The 3-story building will feature a 200-seat town hall meeting space, offices and classrooms and an unfinished 3rd floor for future expansion. 

KLC’s Ed O’Malley says the building is designed as a flexible, functional space that contributes to developing more engaged leaders in healthier communities. 

Read more
Hawker Bankruptcy
2:29 pm
Tue July 24, 2012

Justice Department Opposes Hawker Bonus Plan

The Justice Department’s bankruptcy watchdog agency opposes a move by Hawker Beechcraft to pay eight senior executives more than $5.3 million in bonuses.

In a court filing yesterday, U.S. Trustee Tracy Hope Davis argued that Hawker Beechcraft hasn’t shown that its proposed bonus plan isn’t a disguised retention plan. Bonus plans are allowed, but must do more than simply reward managers for staying during a bankruptcy reorganization. Hawker Beechcraft calls it an incentive award and says its plans are consistent with its commitment to strongly emerge from bankruptcy.

Read more
Aviation
3:17 pm
Tue July 17, 2012

Frontier Airlines To Leave Wichita

Frontier Airlines has announced plans to end its flights between Wichita and Denver. Frontier's two daily flights from Wichita TO Denver will end on November 16.

Spokesperson Lindsey Carpenter says the flights have been performing below average. Carpenter says the airline will contact travelers who have booked flights after November 15, and offer them a flight on another airline or a refund.

Pages