Business News

Work on Missouri Innovation Park nears a breakthrough

Construction on the Missouri Innovation Park in Blue Springs could begin in the fall, The Independence Examiner reports. Blue Springs Mayor Carson Ross said Thursday that he hoped work would begin on building the project this fall, with the park opening in early 2014. The Missouri Innovation Park is a venture with the University of Missouri that is meant to attract health, energy and nanotechnology companies. ... Read More

Commerce Bank leads for consumer satisfaction in Midwest, J.D. Power says

For the fourth time in five years, Commerce Bank topped the J.D. Power and Associates U.S. Retail Banking Satisfaction Study in the Midwest Region. With a score of 801 on a ... Read More

Nestlé will buy Pfizer infant nutrition business for $11.85B

Nestlé has agreed to buy Pfizer Inc.'s infant nutrition business for $11.85 billion in an effort to tap emerging markets and clinch its spot as the world's top provider of baby formula, The Wall Street Journal reports. The Swiss company estimates 2012 sales for its purchase at $2.4 billion, mostly from emerging markets. Nestlé expects the deal, which needs regulatory approval, to add to earnings per share in the first full year, the report says. ... Read More

Missouri Botanical Garden to help create online world plant catalog

The Missouri Botanical Garden, the Royal Botanic Gardens, Kew, the Royal Botanic Garden Edinburgh and the New York Botanical Garden, today announced plans to develop the World Flora, the first modern, ... Read More

Training Program Certifies Electric Vehicle Installers

The IBEW/NECA Electrical Industry Training Center in St. Louis is the first in Missouri to offer an Electric Vehicle Infrastructure Training Program (EVITP). The Electrical Connection, a partnership of the International ... Read More

Ameren Missouri Continues to Plan for Missouri’s Energy Future

Ameren Missouri Forms an Alliance with Westinghouse Electric to Apply for Department of Energy Small Modular Nuclear Reactor Investment Funds Ameren Missouri, a utility company of Ameren Corporation, announced it has ... Read More

Missouri inks trade agreement with Brazilian state

Missouri Gov. Jay Nixon says his administration has signed a trade agreement with the state of Sao Paulo, Brazil. Nixon told reporters in a conference call from Brazil on Monday that ... Read More

Corning to Boost Life-Sciences Business

Corning plans to pay roughly $730 million in cash to acquire the bulk of Becton Dickinson's lab-products business, snapping up a portfolio it said would significantly increase its presence in the life-sciences market. ... Read More

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