Business News

Missouri gets $21M to build online health insurance exchange

Missouri has received almost $21 million from the federal government to help build an online exchange through which the uninsured could buy health coverage. On Friday, the U.S. Department of Health ... Read More

Top of the List: Kansas City-area manufacturers

In this week’s edition, the Kansas City Business Journal ranks the top manufacturers in the Kansas City area. This year’s list saw a lot of changes, including eight companies that didn’t appear on last year’s list. Among the top five companies on the list, there were 15,745 employees, up 675 from last year. Here’s No. 5: Honeywell Federal Manufacturing & Technologies 2011 Rank: 5 2010 Rank: 5 Honeywell Federal Manufacturing & Technologies reported 2,500 local employees ... Read More

$12M development to be built next year in U. City

Construction is expected to begin early next year on a $12 million commercial development on University City's western edge, the St. Louis Post-Dispatch reports. The project will include a Walgreens and a 30,000-square-foot, three-story office building near Interstate 170 and Delmar Boulevard. An additional $20 million would be included if a nearby related development comes to fruition. ... Read More

Boeing, Siemens to Collaborate on Smart Grid Technologies

Companies aim to lower operational costs and improve energy efficiency for U.S. military installations. ... Read More

Nixon focuses on fiscal discipline to keep AAA ratings

As the global markets are still digesting the downgrade of the U.S.’s credit rating, Missouri Gov. Jay Nixon said that it is important to hold the line on taxes and focus ... Read More

Missouri opens 500th bridge under construction program

The Missouri Department of Transportation has opened the 500th bridge completed under a program to fix or replace 802 of the state’s worst bridges. The U.S. 61 bridge over Apple Creek ... Read More

Ralcorp to Buy a Sara Lee Unit for $545 Million

The acquisition of the refrigerated dough business comes amid big changes by the two food companies. ... Read More

Sixty-six Missouri companies among the fastest growing according to Inc.

Sixty-six Missouri companies were included in the Inc. 5000 fastest growing companies list this year. Eight Missouri companies were included in the top 500 companies. The company in Missouri that experienced ... Read More

U.S. Doling Out $336 Million to Help States Buy New Trains

California, Illinois, Iowa, Michigan and Missouri to receive funds to buy locomotives, with strict ‘Buy America’ requirements. In 2009, some 30 foreign and domestic rail manufacturers promised to employ American workers ... Read More

MEMC to buy Fotowatio’s U.S. subsidiary for up to $238.5 million

MEMC Electronic Materials Inc.bizWatch said Wednesday it plans to buy the privately held U.S. subsidiary of solar power plant developer Fotowatio Renewable Ventures (FRV) in a deal totaling up to $238.5 ... Read More