Yearly Archives: 2010

Linen King plans to hire 30 in next six months

For the second time in as many weeks, local economic development officials have announced the successful completion of a project that will bring a new employer to town. This time, it’s ... Read More

Light-emitting diode shortage likely this year

According to electronic market research firm iSuppli, LEDs are facing a global supply shortage in 2010, and the year may end with a sharp under-supply of the in-demand devices unless production ... Read More

Landshire to move headquarters to downtown St. Louis

Landshire Inc., which makes and distributes packaged sandwiches for gas stations, plans to move its headquarters and 50 jobs from Belleville, Ill., to downtown St. Louis. The company, which has called ... 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

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

LaBarge wins $1M missile warning system contract

LaBarge Inc. has landed contracts valued at $1 million from London-based BAE Systems to make circuit card assemblies for missile warning systems. LaBarge Inc. has landed contracts valued at $1 million ... 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

LaBarge inks Parker Aerospace deal

LaBarge Inc. has won a contract from Parker Aerospace’s electronic systems division to provide printed circuit card assemblies for a variety of aircraft programs. LaBarge estimates the value of the award ... Read More

Kraft Foods, Cadbury agree to $19.5 billion deal

After months of fierce resistance, Cadbury’s about-face to accept a sweetened 11.5 billion pound ($19.5 billion) takeover from Kraft Foods Inc. – forming the world’s biggest candy company – has alarmed ... Read More

Kraft expansion to bring jobs to Missouri

The Springfield Area Chamber of Commerce says Kraft Foods Inc. plans to invest $9 million in two new manufacturing lines in the Springfield area. The company says the investment will bring ... Read More