Business News

Great Plains Energy forms transmission infrastructure company

Great Plains Energy Inc. and American Electric Power have formed a company that will build and invest in transmission infrastructure, the companies announced Wednesday. The new company will be called Transource EnergySM LLC. Kansas City-based Great Plains owns 13.5 percent; AEP owns the rest. Great Plains said the partnership would put it in a good position to compete in the emerging competitive transmission market. ... Read More

15 area companies to present at InvestMidwest today

Fifteen area companies are among 43 total companies that will present to venture capitalists, corporate and private investors and investment bankers today at the 13th Annual InvestMidwest Venture Capital Forum in ... Read More

Sigma-Aldrich acquires Research Organics

Sigma-Aldrich Corp. acquired Cleveland-based Research Organics Inc. to expand the company’s buffer production capacity and increase its portfolio of pharmaceutical grade raw materials for the biopharmaceutical and diagnostic markets, the St. Louis Business Journal reports. Financial terms of the deal were not disclosed. ... Read More

Washington University spent $696 million on R&D in fiscal 2010

Washington University in St. Louis spent $696 million on research and development in all fields in fiscal year 2010, putting the university at No. 19 in research and development spending on ... Read More

Express Scripts, Medco complete $29 billion merger

Express Scripts closed on its $29.1 billion acquisition of Medco Health Solutions today, the company announced shortly after 7 a.m. The deal creates the largest pharmacy benefits manager in the U.S., with about $100 billion in annual revenue. First announced in July 2011, the acquisition was approved by shareholders in December but was held up by antitrust concerns. ... Read More

Gov. Nixon and KCP&L cut ribbon on renewable energy project in St. Joseph

Gov. Jay Nixon, St. Joseph city officials and officials with KCP&L today celebrated a ribbon-cutting ceremony marking the completion of a renewable energy project at the City of St. Joseph landfill. ... Read More

Three Missouri Projects Win CiCi Awards from Trade & Industry Development

Trade & Industry Development has announced its 7th Annual CiCi (Corporate Investment & Community Impact) Awards. The 30 recipients of the 2012 CiCi Awards helped create 26,605 new jobs, retain 7,902 ... Read More

Hallmark Cards shutters plant, moves work to Kansas City

Hallmark Cards Inc. plans to close a subsidiary in Indiana and move work on the greeting card brand to Kansas City, The Kansas City Star reports. Hallmark acquired Sunrise Greetings in ... Read More

Zoltek forms partnership to develop lightweight auto parts

Zoltek Cos. is working with Magna Exteriors and Interiors, an operating unit of Magna International Inc., to develop low-cost carbon fiber sheet molding compounds for the automotive industry. Magna, based in ... Read More

Big Boost to the Solar Panel Industry Promised by Thin Wafer Technology

Twin Creeks Technologies and Silicon Genesis’ thin wafering systems promise to return solar to its place in the alternative energy race. more ... Read More