Monthly Archives: March 2010

Perrigo to buy formula maker for $808M

Perrigo Co., the largest U.S. maker of store-brand over-the-counter drugs, said Tuesday it is buying infant formula maker PBM Holdings Inc. for $808 million in cash. PBM, based in Gordonsville, VA., ... Read More

Peabody to buy $15M stake in Calera

Peabody Energy said it plans to buy a $15 million equity interest in Calera Corp., which has proprietary technology that converts carbon dioxide into green building materials. Los Gatos, Calif.-based Calera, ... Read More

Nucor forms joint venture with Mitsui

Steelmaker Nucor Corp. has entered into an agreement with Japan-based steel products manufacturer Mitsui & Co. Ltd. to form a new company called NuMit LLC, Nucor said March 2. Under the ... Read More

MU program aims for jobs in green energy

The University of Missouri has been tapped to help establish academic programs across the state to train workers for the emerging green energy industry. MU received $4 million of a $6 ... Read More

Mitsubishi to rev up electric car output

Mitsubishi Motors Corp. said Tuesday it aims to more than triple annual production of its electric car — the i-MiEV — over the next three years, anticipating robust global demand for ... Read More

Missouri students make significant gains in reading test scores

Missouri is one of nine states in which eighth-grade students made significant gains in reading scores between 2007 and 2009, state education officials announced. According to results of the National Assessment ... Read More

Midwest Research Institute wins Department of Defense research contract

Midwest Research Institute has received a U.S. Department of Defense contract to provide support services for national defense research against chemical and biological warfare and terrorism. The Kansas City-based organization said ... Read More

Merck, Sanofi merge animal medicine units

Two of the world’s biggest pharmaceutical companies said Tuesday they are uniting their animal health businesses in a deal to become the top dog in the veterinary industry. Merck & Co. ... Read More

MEMC’s SunEdison unit to build Italian solar plant, Europe’s biggest

The Italian government issued final approval to MEMC’s SunEdison division to develop and build a 72-megawatt photovoltaic solar power plant near Rovigo, in northeastern Italy. The plant is expected to be ... Read More

Madison Dearborn to pay $915M for Atlanta container maker

Private-equity investor Madison Dearborn Partners LLC has agreed to purchase Bway Holding Co., an Atlanta-based supplier of metal and plastic containers, for $915 million in cash and debt and plans to ... Read More