Business News

Solvay to Buy Rhodia for $4.8 Billion

The Belgian chemical company Solvay has agreed to buy the French specialty chemicals maker Rhodia, gaining a greater exposure to high-growth emerging markets. ... Read More

Pfizer selling Capsugel to KKR for $2.38 billion

Pfizer Inc said it struck a deal to sell its Capsugel unit, the world’s largest maker of hard capsules, to private equity firm KKR & Co for nearly $2.38 billion. Pfizer, ... Read More

Google win could spur data center efforts in Missouri

The announcement that Google Inc. will bring its ultra high-speed Internet service to Kansas City, Kan., helps rather than harms Missouri efforts to bring data center projects to the Show-Me state. ... Read More

St. Charles County biz incubator grows

The business incubator operated in St. Peters, Mo., by the Economic Development Center of St. Charles County has added 10 startups as tenants, the St. Louis Business Journal reports. “Given the ... Read More

MO-Ill. high-speed rail project moves along

Illinois Gov. Pat Quinn announced a $685 million agreement Tuesday to begin construction on the next phase of high-speed rail between Chicago and St. Louis, the St. Louis Business Journal reports. Construction will begin April 5 of a new rail track using concrete ties between Dwight and Lincoln, as well as between Alton and the Mississippi River, along with the installation of a modernized signal system between Dwight and Alton. ... Read More

New missouri fund to target high-tech startups

The St. Louis region has been struggling for years to grow more high-tech companies. On Tuesday, it got a truckload of fertilizer. During a visit to the Center for Emerging Technologies, ... Read More

ABB investment sharpens solar focus

ABB, the leading power and automation technology group, has agreed to buy a 35 percent stake in Novatec Solar (formerly Novatec Biosol), an innovative Concentrated Solar Power (CSP) technology company based ... Read More

Missouri ranks 6th for Long Haul Freight activity

INRIX has the nation’s largest data warehouse of sampled vehicle speeds, including the most extensive data related specifically to freight activity. In this Annual Scorecard, the subset of GPS vehicle probe ... Read More

Columbia gets second industrial ‘certified site’

Missouri Department of Economic Development Director David Kerr announced yesterday that the state designated a 107-acre tract of land in northeast Columbia as a “certified site,” which bills land as ready ... Read More

Emerson provides technology for data centers in India

Emerson Network Power announced it will deliver data center infrastrcture management solutions and cooling and power technologies to leading IT solutions and services provider Datacraft for six Internet data centers in ... Read More