Business News

Tech Aerospace to add 100 jobs in Washington, Mo

Tech Aerospace Group Inc., a Kansas City airplane parts maker, plans to build a new $17.5 million 75,000-square-foot plant and add 100 jobs in Washington, Mo. The company, which had also ... Read More

Missouri is the only state in the Midwest with a AAA credit rating

Moody’s Investors Service and Standard & Poor’s have both reaffirmed Missouri’s AAA credit rating, making Missouri once again the only state in the Midwest to earn a triple-A rating from all ... Read More

Mamtek to establish large and expandable U.S. presence in Moberly

Moberly Area Economic Development Corporation today announced that the multinational company Mamtek International and its affiliate Mamtek U.S., producers of a healthy sugar substitute called sucralose, plan to base U.S. manufacturing ... Read More

Boeing to buy internet security firm Narus

Boeing said Wednesday that it agreed to acquire privately held network security firm Narus for an undisclosed amount. Narus, which employs about 150 people worldwide, is based in Sunnyvale, Calif. It ... Read More

Monsanto, BASF add wheat, $1B to crop venture

BASF and Monsanto Co. said Wednesday that they are expanding their joint efforts to develop higher-yielding and stress-tolerant crops to include wheat and may add more than $1 billion to those ... Read More

Obama visit to Kansas City will discuss stimulus, job creation

President Obama will use his visit to Smith Electric Vehicles U.S. Corp. in Kansas City on Thursday to highlight how the federal government is using stimulus grants to encourage more private ... Read More

Canada’s Cott Corp to buy juice maker Cliffstar

Canadian soft drink maker Cott Corp. is buying private-label juice maker Cliffstar Corp. for $500 million in cash, to expand its portfolio of beverages. Cliffstar is the largest private-label maker of ... Read More

DED designates KC location as certified site

The Missouri Department of Economic Development (DED) announced today that a Kansas City location has been designated as the state’s fourth Certified Site. Chosen by DED’s Certified Site team, the site ... Read More

Missouri’s tax climate gets an ‘A’ grade in the 2010 Manufacturing and Logistics Report Card

The 2010 Manufacturing and Logistics Report Card, prepared by Ball State University’s Center for Business and Economic Research, noted certain states – those with low tax rates, diversity of industry and ... Read More

Sanofi-Aventis said to plan $20 billion U.S. deal

In a deal that would no doubt bring a smile to the faces of some investment bankers, Sanofi-Aventis is reportedly preparing for an American acquisition that could be worth $20 billion. ... Read More