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Industry Insight provides news relating to Missouri's targeted industries and economic development, updated daily.

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Published: 9/1/2010 | Category: Manufacturing
Beating most analysts' expectations, manufacturing in the U.S. grew for the 13th month in a row.   Read More...
Published: 8/30/2010 | Category: Manufacturing

3M said Monday that it had agreed to buy Cogent, a maker of biometric recognition systems, for $10.50 per share in a deal worth $943 million.   Read More...

Published: 8/20/2010 | Category: Energy, Life Sciences, Manufacturing

The Missouri Development Finance Board today approved an incentives package that will allow Columbia’s 3M plant to move forward with plans to add approximately 120 employees over the next three years. The company employs 208 people today.
    Read More...

Published: 8/17/2010 | Category: Manufacturing

 Pactiv Corp., which makes packaging products including Hefty trash bags, said Tuesday it has agreed to be acquired in a deal worth about $6 billion.   Read More...

Published: 8/17/2010 | Category: Energy, Manufacturing

New production line was added to address the growing demand for specialty films for use in PV modules.   Read More...

Published: 8/10/2010 | Category: Energy, Manufacturing

Siemens said on August 10 that it has won two orders in the United States and Canada to supply wind turbines that experts said were worth around 800 million euros (US$1.1 billion.)   Read More...

Published: 8/3/2010 | Category: Manufacturing

Caterpillar said its rail-services unit completed the acquisition of locomotive maker Electro-Motive Diesel for $820 million plus a post-closing adjustment estimated at $108 million, The Associated Press reported.   Read More...

Published: 7/27/2010 | Category: Manufacturing

 Chemical maker DuPont Co.'s profit nearly tripled, while revenue increased more than expected on better volume and higher selling prices.   Read More...

Published: 7/23/2010 | Category: Manufacturing

Caterpillar Inc. reported a stronger-than-expected quarterly profit and raised its full-year outlook, citing sales growth in emerging markets, especially from customers in mining and energy.   Read More...

Published: 7/14/2010 | Category: Information Technology, Manufacturing

Tyco Electronics said on Tuesday that it has agreed to buy ADC Telecommunications, a broadband equipment maker, for about $1.25 billion in cash, the latest in a spate of deals over the past two days.   Read More...

Published: 7/9/2010 | Category: Economic Development, Manufacturing

Moberly Area Economic Development Corporation today announced that the multinational company Mamtek International and its affiliate Mamtek U.S., producers of a healthy sugar substitute called sucralose, plan to base U.S. manufacturing operations in Moberly.   Read More...

Published: 7/8/2010 | Category: Manufacturing

Canadian soft drink maker Cott Corp. is buying private-label juice maker Cliffstar Corp. for $500 million in cash, to expand its portfolio of beverages.   Read More...

Published: 7/6/2010 | Category: Energy, Manufacturing

Chloride Group, the British power supply company, said Friday that it has accepted an improved takeover bid from the American  competitor, Emerson Electric,  that values it at £997 million ($1.5 billion).   Read More...

Published: 6/21/2010 | Category: Manufacturing

Caterpillar Inc. said Friday that its machine sales worldwide jumped 11 percent in May compared with a year ago as a rebound in North American and Asian business markets helped offset declines in European sales.   Read More...

Published: 6/21/2010 | Category: Manufacturing

BASF, the world’s largest chemicals maker, has sealed a deal to buy Cognis, a German maker of additives, for at least 3.3 billion euros ($4.1 billion), The Wall Street Journal reported, citing people familiar with the matter.   Read More...

Published: 6/16/2010 | Category: Manufacturing

Metal and plastic packaging supplier Ball Corp. said Tuesday that it has agreed to sell its U.S.-based plastic packaging business to Australian packaging company Amcor Ltd. for $280 million.   Read More...

Published: 6/14/2010 | Category: Automotive, Manufacturing

Caterpillar Inc. and Navistar International Corp. are finalising a 4 billion yuan ($586 million) truck and engine manufacturing tie-up with China's Jianghuai Auto, a source with direct knowledge of the deal said on Friday, as they move to secure a foothold in the world's largest auto market.   Read More...

Published: 6/8/2010 | Category: Manufacturing

ABB, the Swiss engineering group, is buying British-based Chloride Group for an agreed £860 million ($1.25 billion), as it seeks to improve its automation offering.   Read More...

Published: 6/3/2010 | Category: Manufacturing

Brazilian steelmaker Gerdau offered to pay up to $1.7 billion to take full ownership of its North American unit, looking to reduce borrowing costs and increase efficiency.   Read More...

Published: 6/1/2010 | Category: Manufacturing, Transportation/Logistics

Caterpillar Inc. agreed to buy a U.S. maker of railroad locomotives on Tuesday for $820 million in cash, expanding its rail business from service into new engine manufacturing.   Read More...

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