Monthly Archives: April 2010

Labopharm sets U.S. joint venture with Italy’s Grupo Angelini

Labopharm Inc. and Gruppo Angelini today announced they have entered into an agreement to establish a joint venture in the United States for the commercialization of OLEPTRO(TM), a novel once-daily formulation ... Read More

KV Pharmaceutical lays off 289 workers

KV Pharmaceutical Co. said Wednesday is has laid off 289 employees, or approximately 42 percent of its work force. The move is part of the Bridgeton, Mo.-based company’s ongoing effort to ... Read More

Jet Midwest to touch down in Kansas City

Missouri Department of Economic Development (DED) Director David Kerr visited Kansas City International Airport (KCI) today and awarded nearly $7 million in state economic incentives to Jet Midwest Airlines, assisting the ... Read More

Hewlett-Packard to buy Palm for $1.4 billion

Hewlett-Packard Co. has agreed to acquire Palm for $1.4 billion in cash, uniting a pair of companies that have failed to make much recent headway in the smart phone business. H-P ... Read More

Handmark will develop mobile apps for Freedom Communications properties

Handmark Inc. is helping Freedom Communications Inc. develop mobile device applications for its group of newspapers and television stations. The Kansas City-based software company said in a release Tuesday that it ... Read More

Gallagher North America moves headquarters to Kansas City

Gallagher North America Inc. has moved its U.S. headquarters from Sanford, Fla., to North Kansas City. The company, formerly Gallagher Security Management Systems, said in a release late Monday that the ... Read More

Fori expects $100M with boost from aerospace, defense

Fori Automation Inc. could see revenue hit the $100 million mark this year as efforts to diversify into the aerospace and defense industries continue to gain traction. The Shelby Township-based designer ... Read More

Ford posts profit, raises outlook

Ford Motor Co. on Tuesday reported a $2.1 billion first-quarter profit, said it will deliver a “solid profit” for the year and boosted its second-quarter North America production by another 30,000 ... Read More

Federal-Mogul seeks emerging-technology companies

Federal-Mogul Corp. is looking to acquire companies developing emerging technologies for electric vehicles, its CEO said. CEO José Maria Alapont told Crain’s that Southfield-based Federal-Mogul is in talks to acquire at ... Read More

First Solar to acquire NextLight for $245M

Solar-panel manufacturer First Solar announced Wednesday it has signed a definitive agreement to purchase solar-project developer NextLight Renewable Power for approximately $285 million. Subject to acquisition closing adjustments, the deal is ... Read More