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Monthly Archives: July 2010

Tyco Electronics to buy ADC for $1.25 billion

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 ... Read More

Tech Aerospace to add 100 jobs in Washington, Mo

Tech Aerospace Group Inc., a Kansas City airplane parts maker, plans to build a new $17.5 million 75,000-square-foot plant and add 100 jobs in Washington, Mo. The company, which had also ... Read More

Stoddard County biodiesel plant considering technology to turn waste into fuel

A new process for converting waste into synthetic diesel fuel is being given serious consideration by Global Fuels LLC of Dexter, which currently produces biodiesel from chicken fat. The new process ... Read More

Sanofi-Aventis said to plan $20 billion U.S. deal

In a deal that would no doubt bring a smile to the faces of some investment bankers, Sanofi-Aventis is reportedly preparing for an American acquisition that could be worth $20 billion. ... Read More

Obama visit to Kansas City will discuss stimulus, job creation

President Obama will use his visit to Smith Electric Vehicles U.S. Corp. in Kansas City on Thursday to highlight how the federal government is using stimulus grants to encourage more private ... Read More

Nixon signs the Missouri Manufacturing Jobs Act, Ford Incentives in Kansas City

Gov. Jay Nixon on Thursday afternoon signed the Missouri Manufacturing Jobs Act in the Kansas City area, which has a Ford Motor Co. assembly plant that could be a key beneficiary ... Read More

Monsanto, BASF add wheat, $1B to crop venture

BASF and Monsanto Co. said Wednesday that they are expanding their joint efforts to develop higher-yielding and stress-tolerant crops to include wheat and may add more than $1 billion to those ... Read More

Missouri’s tax climate gets an ‘A’ grade in the 2010 Manufacturing and Logistics Report Card

The 2010 Manufacturing and Logistics Report Card, prepared by Ball State University’s Center for Business and Economic Research, noted certain states – those with low tax rates, diversity of industry and ... Read More

Missouri is the only state in the Midwest with a AAA credit rating

Moody’s Investors Service and Standard & Poor’s have both reaffirmed Missouri’s AAA credit rating, making Missouri once again the only state in the Midwest to earn a triple-A rating from all ... Read More

Mediomics gets $460,000 for research

St. Louis biotechnology company Mediomics said Tuesday it received an additional $460,000 in federal funding thanks to the renewal of a second-year grant from the National Institute of General Medical Sciences. ... Read More