Business News

MRIGlobal gets $3.8M contract to study cancer drugs

The National Cancer Institute has awarded MRIGlobal a five-year, $3.8 million contract to analyze potential drugs in the fight against cancer. Kansas City-based MRIGlobal announced the award Friday, saying this is ... Read More

Two MoDOT Projects Cited as Best in Mid-America

The Missouri Department of Transportation has won top honors in the Mid America Regional “America’s Transportation Awards” competition for two projects that were completed ahead of schedule and under budget. Chief ... Read More

Washington U., partners launch Solar Energy Research Institute

Washington University in St. Louis and a consortium of universities, laboratories and industry partners are in the process of launching the Solar Energy Research Institute in India and the United States ... Read More

Missouri Metros Rank in Area Development’s Top 100 Leading Locations for 2012

Area Development magazine has ranked 365 Metropolitan Statistical Areas (MSAs) to determine the “Leading Locations for 2012. The results show that even amid the recessionary gloom, there were blooms of prosperity, ... Read More

WireCo ties down purchase of large rope manufacturer

WireCo World Group lassoed an international manufacturer of synthetic ropes in a purchase valued at $177 million, the Kansas City Business Journal reports. Kansas City-based WireCo completed its purchase of Lankhorst ... Read More

Study predicts dramatic decline in lithium ion battery costs

The price of automotive lithium ion batteries is expected to fall dramatically by the end of the decade and even further by 2025, according to a McKinsey Research study released today. ... Read More

Missouri Cities Rank in Forbes “Best Small Places for Business and Careers”

Forbes’ 14th annual ranking of the “Best Small Places for Business and Careers” looks at 12 metrics relating to job growth (past and projected), costs (business and living), income growth over ... Read More

Ford’s Kansas City Assembly Plant is top-producing U.S. factory, report says

Ford Motor Co.’s Kansas City Assembly Plant in Claycomo ranks as the top-producing U.S. factory, according to a report in Automobile Magazine. And the General Motors Co. Fairfax Assembly Plant in ... Read More

3M expands a photovoltaic film plant to power up its solar sales

3M Co. has completed the expansion of a solar-film manufacturing plant in Missouri, a move aimed at growing its presence in the highly competitive solar panel segment. The Maplewood-based conglomerate said ... Read More

Missouri wins Area Development Silver Shovel Award

Missouri was recently awarded the Silver Shovel award for states with 5+ to 9 million population by Area Development magazine. Missouri previously received a Silver Shovel award in 2007. The state ... Read More