Business News

3M Continues Deal Spree, Buying Arizant

3M said Thursday that it had agreed to buy Arizant, which provides ways to warm patients to prevent hypothermia, for $810 million in cash. More ... Read More

U.S. Manufacturing posts unexpected growth

Beating most analysts’ expectations, manufacturing in the U.S. grew for the 13th month in a row. The Institute of Supply Management said its manufacturing index rose to 56.3 points, from 55.5 ... Read More

Midwest Research Institute gets $1.6M to study potential biological weapon

Midwest Research Institute won a $1.6 million federal contract to study a virus that could be used as a biological weapon. Mor. ... Read More

Exelon to buy Deere’s wind energy business

Electric utility Exelon Corp. said it will buy Deere & Co.’s wind power business for about $860 million, expanding its portfolio of carbon-free electricity generation. Chicago-based Exelon, the largest U.S. nuclear ... Read More

Mercy opens new data center

Sisters of Mercy Health System will officially launch its new $60 million data center in Washington, Mo., on Monday. More ... Read More

3M to Buy Cogent Systems in $943 Million Deal

3M said Monday that it had agreed to buy Cogent, a maker of biometric recognition systems, for $10.50 per share in a deal worth $943 million. More ... Read More

Mississippi piques interest of hydroelectric developers

For decades, the Mississippi River has been a key passageway for barges and other vessels that move millions of tons of coal and petroleum to help power the nation’s economy. These ... Read More

St. Louis Children’s Hospital first in U.S. to implant artificial lung

St. Louis Children’s Hospital recently became the first hospital in the country to implant an artificial lung. A team of Washington University doctors working at the hospital and led by cardio-thoracic ... Read More

DED designates Fulton location as certified site

Missouri Department of Economic Development (DED) Director David Kerr visited  Fulton today to officially designate a local site as the state’s fifth Certified Site. Chosen by DED’s Certified Site team, the ... Read More

Leinco gets $1.5M incentives to stay here

Leinco Technologies Inc. has landed more than $1.5 million in incentives from Missouri and St. Louis County to expand into part of the former Chrysler supplier complex in Fenton instead ofmoving ... Read More