Springfield Business News: John Deere, SRC, and More
Springfield — May 2, 2024 — The latest Springfield business news includes several announcements: John Deere Reman’s planned expansion, key appointments at OMB Bank, and SRC Holdings’ milestone anniversary. what, where, and when are all summarized to bring the business industry up to pace. This news is essential for business leaders seeking facts on local developments.
Springfield Business News: Expansions, Promotions, and Community Updates
John Deere Reman Expands Operations in Strafford
John Deere Reman Core Center in Strafford is set to expand with a $13.5 million project, adding 120,000 square feet to its facility. A groundbreaking ceremony is scheduled for 10 a.m. Monday,May 5,at 601 S. Highway 125.
John Deere Reman specializes in remanufacturing engines, transmissions, axles, hydraulics, engine components, and electronics.This process delivers like-new performance while reducing costs and environmental impact. The company currently employs over 500 individuals across five locations in the area.
Q & Company will manage the expansion project, with design contributions from Buxton Kubik Dodd Design Collective, Miller Engineering, and Olsson.
OMB Bank Welcomes McMonigle and Bradford to the Team
OMB Bank has announced two key additions to its staff. Courtney McMonigle joins as the new BSA/AML officer in the compliance team, and Katie Bradford has been appointed as a mortgage loan officer in Springfield.
Courtney McMonigle: BSA/AML Officer
McMonigle brings a wealth of experience, starting her banking career in 2003.Her roles have included positions at Bank of America, Regions Bank, UMB Bank, and Hawthorn Bank. She is a Certified Anti-Money Laundering Specialist with certifications in fraud prevention and BSA/AML compliance from the American Bankers Association.
Katie Bradford: Mortgage Loan Officer
Bradford, fluent in both English and Spanish, began her mortgage career in 2000. Her extensive background includes roles at H&R Block Mortgage,Quicken Loans,Grate Southern Bank,Simmons Bank,Origin bank,Hometown lenders,Supreme Lending,and Stockmens Bank. Notably, she assisted Origin Bank in opening its Springfield branch in 2017 and has as been originating mortgage loans.
Care to Learn appoints Rachael Walsh as VP of Development
Care to Learn has announced Rachael Walsh as its new vice president of development, effective Wednesday, May 28.
SRC Holdings Celebrates 100th Employee Ownership Anniversary
SRC Holdings Corp. is commemorating its 100th anniversary of employee ownership with a series of events. These include the distribution of commemorative apparel and other items, culminating in a June festivity. The celebration will feature food, a Springfield Cardinals baseball game, festivities, and fireworks at Hammons Field, with approximately 500 current and former employees and their families in attendance.
Enterprise Self Storage Expands services
Enterprise Self Storage, a subsidiary of SRC Holdings Corp., is expanding its facilities and offering promotional discounts on new units.
The company, which opened a year ago, is adding 63 non-climate-controlled units to its campus on South Enterprise Avenue. The expansion includes both 10×5’ and 10×10’ units.
Customers renting a new 10×10’ unit during May can do so for $60 per month, a $30 savings on the standard $90 rate. This offer is valid while supplies last and cannot be combined with other promotions. For more information or to rent a unit, visit EnterpriseSelf-Storage.com or call (417) 430-5636.
Better Business Bureau Offers Scholarship Opportunities
The Better Business Bureau (BBB) Springfield is accepting applications for its Student of Ethics award, offering a $2,500 scholarship. The award recognizes high school juniors graduating in spring 2026 who demonstrate ethics through leadership, community service, personal integrity, and academic achievement.
The winner will receive the scholarship to an accredited college or trade school and be recognized at BBB’s Oct. 29 Torch Awards for Ethics banquet.
Applicants must submit a high school transcript, a letter of reference, and a 300-word essay by May 30, 2025. Apply online at BBB.org/stlsoe or contact BBB Executive Coordinator LaToya Montgomery at (314) 584-6737 for details.
Russell Acquires O’Reilly Build
Russell, a construction and development firm based in Davenport, Iowa, has acquired Springfield-based O’Reilly Build, establishing its fourth national office. This follows Russell’s expansions into St. Louis in 2020 and Kansas City in 2022.
The combined team is collaborating on a housing project in Springfield, with a groundbreaking planned this spring. The companies previously partnered on The Boulevard at St. Peters senior living community in the St. Louis area.
We are thrilled to continue the O’Reilly Build legacy with their team, clients, and trade partners.
Caitlin Russell, Russell president
Russell added that O’Reilly team members joining Russell fits with their continued growth strategy to hire great talent and build relationships alongside them.
104.7 The Cave Renews chiefs Radio Network Partnership
Radio station 104.7 The Cave has renewed its partnership with the Chiefs Radio Network through the 2030 NFL season, ensuring continued coverage for fans.
We couldn’t be more excited to continue flying the flag for the Kingdom. As a lifelong member of the Kingdom, we’re honored to keep bringing that excitement directly to the fans across the Ozarks every single day.
Mike The Intern at 104.7 The Cave
Listeners can expect ongoing daily coverage, including player interviews, expert analysis, and full game-day broadcasts.
Arvest Promotes Howery in Springfield
Arvest Bank has promoted Jared Howery to the position of branch sales manager at its Sunshine branch in Springfield.
Howery, with over eight years at Arvest, previously served as a relationship banker. In his new role, he will oversee branch activities and collaborate with associates to deliver customer service and financial solutions.
Jared has been an incredibly valuable member of our team during his time at Arvest.His industry experience and insight will remain essential as he steps into his new role, and we look forward to seeing him thrive as branch sales manager.
Mindy Thompson,branch administrator,VP for Arvest Bank – Springfield Region