Monthly Archives: July 2010

DED designates KC location as certified site

The Missouri Department of Economic Development (DED) announced today that a Kansas City location has been designated as the state’s fourth Certified Site. Chosen by DED’s Certified Site team, the site ... Read More

Covidien completes $250M Somanetics buy

Covidien plc said Wednesday it completed its $250 million acquisition of Somanetics Corp. The deal was announced a little more than a month ago. Somanetics, which develops, manufactures and sells noninvasive ... Read More

Caterpillar profit jumps 91%, beating expectations

Caterpillar Inc. reported a stronger-than-expected quarterly profit and raised its full-year outlook, citing sales growth in emerging markets, especially from customers in mining and energy. The world’s largest maker of construction ... Read More

Canada’s Cott Corp to buy juice maker Cliffstar

Canadian soft drink maker Cott Corp. is buying private-label juice maker Cliffstar Corp. for $500 million in cash, to expand its portfolio of beverages. Cliffstar is the largest private-label maker of ... Read More

Britain’s Chloride seals deal with Emerson

Chloride Group, the British power supply company, said Friday that it has accepted an improved takeover bid from the American competitor, Emerson Electric, that values it at £997 million ($1.5 billion). ... Read More

Boeing unveils unmanned Phantom Eye demonstrator

The Boeing Company today unveiled the hydrogen-powered Phantom Eye unmanned airborne system, a demonstrator that will stay aloft at 65,000 feet for up to four days. “Phantom Eye is the first ... Read More

Boeing to buy internet security firm Narus

Boeing said Wednesday that it agreed to acquire privately held network security firm Narus for an undisclosed amount. Narus, which employs about 150 people worldwide, is based in Sunnyvale, Calif. It ... Read More

Boeing gets fed nod to buy defense firm Argon

Boeing Co. has won U.S. antitrust approval to buy defense manufacturer Argon ST Inc., the Federal Trade Commission said on Tuesday. Boeing said in early June that it would buy Argon ... Read More

Barnes-Jewish 1 of 14 hospitals on U.S. News Honor Roll

Barnes-Jewish Hospital and its physician partners at Washington University School of Medicine are one of 14 hospitals and medical institutions nationwide included on U.S. News & World Report’s list of “America’s ... Read More

$4.6M grant to finance incubator, Danforth greenhouse

The U.S. Department of Commerce awarded St. Louis County Economic Council and Donald Danforth Plant Science Center a $4.6 million grant to expand plant and life sciences in St. Louis County. ... Read More