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Monthly Archives: April 2010

CareFusion buying Medegen for $225M

Medical technology company CareFusion Corp. said Monday it will buy Medegen for $225 million in cash. Medegen makes needleless access valves and other products that deliver intravenous medication to patients. CareFusion ... Read More

Boeing, Stirling ink solar panels deal

A St. Louis-based unit of Boeing and Stirling Energy Systems (SES) inked a deal calling for the Scottsdale, Ariz.-based solar power developer to integrate the aerospace company’s high-concentration photovoltaic cells into ... Read More

Baxter gets FDA’s green light for surgical sealant

Baxter International Inc. and Nycomed said Tuesday the Food and Drug Administration approved the surgical sealant TachoSil, which is used to control blood loss. TachoSil is manufactured and patented by Nycomed, ... Read More

BASF 1Q profit hits $1.4B, nearly triples

German chemical company BASF SE said Thursday that the economic recovery and a push by customers to restock their own inventories helped it nearly triple its first-quarter net profit. The company, ... Read More

Alpla to open new manufacturing facility in St. Peters, Mo.

Alpla Inc., a privately held $3 billion manufacturer of plastic packaging solutions, has purchased an 83,485 square-foot industrial property at 9 Cermak Blvd. in St. Peters, Mo. Austrian-based Alpla is a ... Read More

3M quarterly profit climbs 80%; lifts outlook

Dow component and economic bellwether 3M Co. said Tuesday its first-quarter profit rose 80% on surging demand for electronics for autos and health-care products, boosting its full-year outlook. Results of the ... Read More

$670M Mississippi River bridge breaks ground

U.S. Department of Transportation Secretary Ray LaHood visited St. Louis on Monday for the groundbreaking of the $670 million Mississippi River bridge project. The four-lane, cable-stayed bridge will connect St. Clair ... Read More