Ameren Boosts Economic Growth in Missouri and Illinois
Recent research indicates that Ameren Corporation’s operations in Missouri and Illinois have an impressive impact on the economy, generating over $20.7 billion annually. This study, conducted by HR&A Advisors and sponsored by Ameren, examined direct expenditures by the utility giant across various sectors.
Economic Impact Overview
The study details how Ameren’s spending supports local economies, particularly through:
- Job Creation: 55,200 jobs are sustained by Ameren’s economic endeavors.
- Vendor Engagement: $2.2 billion was spent on in-state suppliers in both states.
- Tax Contributions: $920 million went towards state and local governments.
- Philanthropic Support: $10.6 million was donated to fulfill critical community needs.
Infrastructure Investments and Job Growth
Martin J. Lyons Jr., the CEO of Ameren Corporation, highlighted the significance of their energy infrastructure investments. These initiatives not only enhance grid reliability but also stimulate economic growth in the communities served by Ameren.
The company has also made strategic efforts to manage costs, helping to minimize rising energy expenses. This focus on affordability has empowered both residential and business consumers to contribute further to local economic conditions.
Job Creation in 2025
Ameren’s support for new and expanding businesses resulted in the creation of 3,728 new jobs in 2025. A total of 73 economic development projects injected $3.56 billion in capital investments within the two-state service area. Some notable projects include:
- Amazon: Completed a 61,000-square-foot delivery station in Scott City, Missouri, investing $15 million and generating 70 jobs.
- WEG Transformers USA: Expanded in Washington, Missouri, investing $77 million and adding 50 jobs.
- IKO: Invested over $120 million in a new facility in Bismarck, Missouri, creating over 50 new jobs.
Developments in Illinois
In Ameren’s Illinois territory, businesses created over 1,455 jobs and invested $2 billion in 2025. Key expansions include:
- Western Smokehouse Partners: Expanded in Galesburg, Illinois, investing $50 million and adding 180 jobs.
- Prysmian Group: Invested $63.8 million in Du Quoin, Illinois, creating 80 jobs.
- Wieland Metals: Committed $500 million in East Alton, Illinois, resulting in 700 full-time jobs.
Ameren’s Recognition
Ameren Corporation has been acknowledged in Business Facilities magazine as one of the Top Utilities for Economic Development in 2026. This accolade underscores their role in fostering economic growth across Missouri and Illinois.
About Ameren Corporation
Based in St. Louis, Ameren Corporation serves 2.5 million electric customers and over 900,000 natural gas clients across a 64,000-square-mile region. Its subsidiaries provide vital utilities that enhance the quality of life in the bi-state area.
Ameren’s ongoing efforts to invest in infrastructure, community support, and job creation significantly contribute to the economic vitality of Missouri and Illinois, demonstrating their commitment to sustainable growth.
