A Kansas City, Missouri, technology company that serves the financial and healthcare sectors will create some 415 new jobs in the region, reported the The Kansas City Business Journal.
The new positions at DST Systems Inc. are the result of a $1.97 million Missouri Works grant from the Missouri Department of Economic Development. Both Gov. Eric Greitens and Kansas City Mayor Sly James applauded the consulting firm on the planned expansion.
The jobs will be created within the ALPS Alternative Investment Services and Argus Health Systems Inc. branches of the company.
"We are excited to announce plans to hire in Missouri as it fits well into our overall growth objective," said president of ALPS Alternative Investment Services, Jeremy May, in a press release. "[Given] the combination of DST's presence in Kansas City and Missouri's stable economic base, we feel this expansion will be best for our clients."
A report released in early May, however, revealed that while the technology industry in Kansas City is in fact expanding, the region lacks a large enough pool of qualified candidates, reported The Kansas City Star.
The report was released by the KC Tech Council, a group that works to promote the growing tech sector in the city. The council called on government support to promote STEM education and other initiatives that would help to increase qualified workers in science, technology, engineering and math.