Springfield Business Journal

MARCH 27-APRIL 2, 2023 8 · SBJ.NET NEWS Commercial service returns to Branson Airport by SBJ Staff · sbj@sbj.net Commercial service is coming back to Branson Airport. Minneapolis-based Sun Country Airlines announced service at Branson Airport starting in August, according to a news release. “The Branson Airport is very excited for Sun Country to bring its low fares to the Branson and greater Ozarks region,” said Stan Field, Branson Airport executive director, in the release. “Making it easier for visitors to travel to our region with convenient and affordable flights is something Branson Airport has been committed to since opening in 2009.” Sun Country will offer nonstop flights to and from Minneapolis-St. Paul International Airport. The announcement comes after Frontier Airlines chose not to continue providing commercial service to Branson Airport this year, leaving private flights as the only travel option at the airport, according to reporting by Branson Tri-Lakes News. • Paul Mueller’s annual profits drop by nearly half by SBJ Staff · sbj@sbj.net While fourth-quarter earnings improved, it wasn’t enough to reverse a down year for Paul Mueller Co. (OTC: MUEL). Mueller Co. on March 17 reported 2022 net income of $3.6 million, down 48% from $7 million in 2021, according to a news release. Diluted share earnings dropped to $3.32 from $6.44 per share year over year. In the company’s annual report, Mueller Co. President and CEO David Moore said, “Our performance was significantly affected by increasing input costs due to higher prices for materials and parts, higher compensation to our co-workers and increased time spent managing shortages of required parts and materials.” Revenue during the year grew 3.6% to $191.5 million from $184.6 million in 2021. During the fourth quarter, profits were up 99% to $3.9 million, while revenue increased by nearly 26% to $59 million, according to the release. The Springfield-based stainless steel manufacturer’s work backlog at year’s end was $132.8 million, up from $78.4 million as of Dec. 31, 2021. • SGF coffee shop closing by SBJ Staff · sbj@sbj.net Bloom’s Coffee Bar & Bakery is shuttering after around a year in business. Officials with the shop, 1109 E. Battlefield Road, announced the planned March 27 closure in a Facebook post on March 20. “This last year has been one of many joys and accomplishments for our team. It has also been a year of an unfortunate and unforeseen accident to one of our owners that ultimately led to the difficult decision of closing down,” the post reads. Nikita Skorykh, who launched the concept with his wife, Elona, was injured in a May 2022 car wreck shortly after Bloom’s Coffee Bar & Bakery opened for business, according to a blog post on the Assemblies of God’s website. According to the post, Skorykh attends AG Theological Seminary. Bloom’s, located in a building in front of Andy B’s near the Battlefield and National Avenue intersection, serves up a variety of coffee drinks, smoothies and shakes, as well as food such as tiramisu and sausage rolls, according to its website. • $3.6M Paul Mueller’s 2022 net income In Flight Earnings Report

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