Monthly Archives: March 2010

Essar to buy Trinity Coal

India’s Essar Group Ltd. will acquire U.S. coal producer Trinity Coal for $600 million, giving the global steelmaker direct access to a key raw material that’s seen a recovery in demand. ... Read More

EADS backs algae as future biofuel

Airbus parent company EADS is backing algae as the best source of sustainable jet fuel, arguing that other feedstocks will not allow the airline industry to meet its carbon-footprint reduction goals. ... Read More

DuPont to build $55M seed production facility in Mo.

DuPont, a rival of Monsanto Co., plans to build a $55 million soybean seed production facility in Missouri’s bootheel. Pioneer Hi-Bred, a DuPont subsidiary led by President Paul Schickler, recently acquired ... Read More

Daimler, BYD form electric car partnership

Daimler AG says it has signed a memorandum of understanding with China’s BYD Co. to develop jointly electric vehicles for the fast-growing Chinese market. Daimler said Monday the two companies envision ... Read More

Compass Plus opens North American HQ in St. Louis

Compass Plus, an international provider of electronic funds transfer (EFT) and payments technology to financial institutions, announced it has opened its first North American office in St. Louis, and has appointed ... Read More

Cisco unveils system for super-fast internet

Cisco Systems on March 9 unveiled super-fast Internet hardware that promises to boost U.S. competitiveness and bolster economic recovery by moving mountains of data at astounding speeds. The leader in networking ... Read More

Chrysler announces new Fiat 500 electric vehicle

The Chrysler Group announced on March 22 its plans to engineer and produce a pure electric vehicle using the Fiat 500 platform, which was shown earlier this year at the 2010 ... Read More

Caterpillar may bring some Japanese production back to U.S.

Caterpillar Inc. said March 11 it is considering the construction of a new hydraulic excavator plant in the United States that could result in the transfer of some production from Japan. ... Read More

Boeing wins $69M Air Force contract

A St. Louis-based unit of Boeing won a contract worth about $69.7 million by the U.S. Air Force for the initial engineering, manufacturing and development of QF-16 Full Scale Aerial Targets, ... Read More

Boeing develops Phantom Eye surveillance aircraft

Boeing is working to broaden the offerings of its Unmanned Airborne Systems division through development of a surveillance aircraft — powered by a hydrogen-fueled Ford compact truck engine — that will ... Read More