Monthly Archives: May 2010

Novus makes 2 acquisitions

Novus International Inc. said Tuesday it acquired several food and feed pigment and ingredient companies in Spain and Mexico for an undisclosed amount. The purchases increase the company’s size and reach ... Read More

Northern Trust plans to expand, mulls acquisitions

Financial services company Northern Trust Corp. is actively planning to expand and is considering acquisitions, executives said on Wednesday. The executives, speaking at the company’s investor day in New York, said ... Read More

MU gets millions for health study

The University of Missouri has been awarded an $8.47 million grant to study cardiovascular health, one of the largest awards for medical research in MU’s history. The five-year, renewable grant will ... Read More

Missouri tops Kansas in tech job rankings

Missouri bested Kansas in terms of tech jobs, according to a new Cyberstates report, which ranked the states as the 19th and 27th cyberstates, respectively. The report found that Missouri’s high-tech ... Read More

Missouri metros’ economies among the strongest

Four Missouri metros ranked in the top 50% of 366 metros due to the strength of their economies. Kansas City ranked 17th, followed by St. Louis at 101st, Springfield at 162nd, ... Read More

Merck to seek new drug approvals

Merck & Co. plans to file five new drug applications this year but said it has ended development of its first stab at a follow-on biologic drug, illustrating the risks of ... Read More

MEMC Electronic Materials buying Solaicx

MEMC Electronic Materials Inc., based in O’Fallon, Mo., announced today it has reached agreement to acquire privately held Solaicx for at least $66 million. Solaicx, which is headquartered in Santa Clara, ... Read More

Magna plans electric-car battery plants in U.S., EU

Magna International Inc., Canada’s biggest auto-parts maker, plans to invest as much as $600 million (U.S.) on new plants for making lithium-ion batteries for electric vehicles. “We currently are scouting out ... Read More

Landec acquires Lifecore Biomedical for $40M plus debt

Landec Corp. said Monday it acquired Lifecore Biomedical Inc. from Warburg Pincus Private Equity IX LP for $40 million in cash and assumed debt of $4 million, along with future possible ... Read More

Jack Henry strikes its largest deal

In June, the banking software supplier expects to close on a $300 million purchase of Elizabethtown, Ky.-based electronic bill provider iPay Technologies LLC. The acquisition should broaden Jack Henry’s customer base ... Read More