Yearly Archives: 2011

St. Charles County biz incubator grows

The business incubator operated in St. Peters, Mo., by the Economic Development Center of St. Charles County has added 10 startups as tenants, the St. Louis Business Journal reports. “Given the ... Read More

Solvay to Buy Rhodia for $4.8 Billion

The Belgian chemical company Solvay has agreed to buy the French specialty chemicals maker Rhodia, gaining a greater exposure to high-growth emerging markets. ... Read More

Pfizer selling Capsugel to KKR for $2.38 billion

Pfizer Inc said it struck a deal to sell its Capsugel unit, the world’s largest maker of hard capsules, to private equity firm KKR & Co for nearly $2.38 billion. Pfizer, ... Read More

World Wide Technology

We have some untapped, unrealized potential here. If there’s anyplace that’s going to take the lead in the global marketplace, it’s going to be St. Louis. St. Louis is visionary, open-minded. ... Read More

Texas Instruments to Buy National Semiconductor for $6.5 Billion

The two analog chip makers are to merge in a $25-a-share all-cash deal. ... Read More

Endo to Acquire American Medical for $2.9 Billion

The deal is the third for Endo Pharmaceuticals in 12 months, and will add to the drug maker's treatments for urology and pain. ... Read More

Silgan to Acquire Graham Packaging

Silgan Holdings agreed to acquire Graham Packaging for $1.25 billion in cash and stock in a deal designed to expand its food- and beverage-container operations. ... Read More

UAW deal with GM adds, keeps jobs

General Motors Corp. announced plans to invest $380 million in its assembly plant in Wentzville, Mo., according to the St. Louis Business Journal. The deal, which will add a second shift at the St. Louis-area plant, is part of a tentative four-year contract with the United Auto Workers. The automaker also agreed to add or keep 6,400 jobs in the United States and invest $2.5 billion in its factories, including the reopening of a plant in Spring Hill, Tenn. ... Read More

Wash U. gets grant for breast cancer research

Washington University in St. Louis is getting a $6.5 million grant for research on a vaccine to reduce recurrence in breast cancer survivors. The grant from Susan G. Komen for the ... Read More

Young, educated population on the rise in the urban cores of St. Louis and Kansas City

Talented young adults are increasingly choosing to settle in the close-in neighborhoods of the nation’s metropolitan areas. Since 2000, the number of college-educated 25 to 34 year-olds has increased twice as ... Read More