Business News

Landec acquires Lifecore Biomedical for $40M plus debt

Landec Corp. said Monday it acquired Lifecore Biomedical Inc. from Warburg Pincus Private Equity IX LP for $40 million in cash and assumed debt of $4 million, along with future possible ... Read More

Tech’s 29 most powerful colleges

The University of Missouri comes in at No. 23 on The Daily Beast’s list of Tech’s 29 Most Powerful Colleges. The school is hailed for its Missouri Research Park in St. ... Read More

Despite the economy UM system research blossoms

Ground broke last month on the site of a new research park at the Missouri University of Science and Technology. The innovation park is being constructed atop what was once the ... Read More

Missouri tops Kansas in tech job rankings

Missouri bested Kansas in terms of tech jobs, according to a new Cyberstates report, which ranked the states as the 19th and 27th cyberstates, respectively. The report found that Missouri’s high-tech ... Read More

Alliant Tech Systems announces $372 million order from the U.S. Army

Alliant Tech Systems announced Monday that it received $372 million in orders from the U.S. Army Contracting Command in Rock Island, Ill., to be produced at the Lake City Army Ammunition ... Read More

Bombardier gets $937M order from Jazz Air

Jazz Air LP plans to replace some of its aging fleet of passenger aircraft and spend up to US$937 million to purchase as many as 30 new turboprops from Bombardier, the ... Read More

Ford’s Kansas City-made vehicles drive April sales gains

Sales of vehicles produced at Ford Motor Co.’s Kansas City Assembly Plant in Claycomo were a key reason Ford’s sales increased by more than 20 percent for the fifth straight month. ... Read More

FDA approves vaccine to fight prostate cancer

The Food and Drug Administration on Thursday approved the first treatment that uses a so-called cancer vaccine, a drug that trains the body’s own immune system to fight the disease. The ... Read More

Landshire to move headquarters to downtown St. Louis

Landshire Inc., which makes and distributes packaged sandwiches for gas stations, plans to move its headquarters and 50 jobs from Belleville, Ill., to downtown St. Louis. The company, which has called ... Read More

Direct-drive turbines to propel offshore wind

With projected growth in offshore wind farms, turbine makers are adopting direct-drive generators, a technology which could help address concerns over cost and reliability of offshore wind. Siemens Energy last week ... Read More