Ameren Boosts Economic Growth in Missouri and Illinois
A recent study reveals that Ameren Corporation’s operations in Missouri and Illinois are driving over $20.7 billion in annual economic output. The research, conducted by HR&A Advisors and commissioned by Ameren, highlights the substantial impact of the company’s direct spending on the local economy.
Key Economic Contributions of Ameren
The study examined expenses related to payroll, capital equipment, and supplier services. Additionally, it evaluated the ripple effect of these investments on surrounding businesses and consumers.
Employment and Payroll
- Jobs Supported: 55,200 jobs resulting from Ameren’s economic activity.
- New Jobs Created: 3,728 new jobs in 2025 due to technical assistance to businesses.
Investment and Spending
- In-State Spending: $2.2 billion was spent on local suppliers in Missouri and Illinois.
- Economic Development Projects: 73 projects led to $3.56 billion in capital investments.
Tax Contributions
Ameren contributed approximately $920 million to state and local governments, showcasing its role in funding public services and infrastructure.
Community Support
Philanthropic contributions from Ameren reached $10.6 million, addressing critical community needs in its service areas.
Major Business Investments in 2025
Ameren’s support has enabled various businesses to thrive in the region. Key examples of business investments include:
- Amazon: Created 70 new jobs with a $15 million investment in a 61,000-square-foot delivery station in Scott City, Missouri.
- WEG Transformers USA: Expanded operations in Washington, Missouri, investing $77 million and creating 50 new jobs.
- IKO: Invested over $120 million in a new facility in Bismarck, Missouri, generating more than 50 new jobs.
In Ameren Illinois, several businesses also expanded their operations:
- Western Smokehouse Partners: Invested $50 million in Galesburg, Illinois, creating 180 jobs.
- Prysmian Group: Expanded in Du Quoin, Illinois, with an investment of $63.8 million and 80 new jobs.
- Wieland Metals: Invested $500 million in East Alton, Illinois, resulting in 700 new full-time positions.
Conclusion
Ameren Corporation is not only a crucial energy provider but also a significant economic driver in Missouri and Illinois. The company’s ongoing investments in infrastructure and community initiatives continue to yield substantial benefits for the local economy and its residents.
