Plane maker and defense contractor European Aeronautics, Defence and Space Co. (EADS) plans to buy satellite communications company Vizada from Apax Partners LLP for about $960 million, Bloomberg reports.
France-based Vizada will boost the offerings of Astrium, the space unit of Paris- and Munich-based EADS, which has been looking to reduce its dependence on its Airbus aircraft unit.
The Federal Aviation Administration (FAA) just announced the first rules for the commercial use of small unmanned aircraft systems, commonly referred to as drones. With these new rules in place, companies ... Read More
Karen Vangyia, managing partner of KPMG, talks about the talent in the St. Louis, Missouri region, and the growth taking place for KPMG in Missouri. <!–cke_bookmark_59S–><!–cke_bookmark_59E–> Missouri talent is top-tier and ... Read More
On June 20, 2016, President Barack Obama gave the keynote speech at the 2016 SelectUSA Investment Summit in Washington DC. At the 2015 “summit, an agricultural tech company from Surat [India] ... Read More
Kraft Heinz recently announced a new $250 million expansion project for its Kirksville, Missouri, plant calling it a “win” for both the company and the city of Kirksville. The expanded Kraft ... Read More
When a company looks at expanding into a new area one of the first things they look at is the availability of highly skilled talent. Companies want employees who are hard ... Read More
Missouri-based tech startup Varsity Tutors opened their new 20,000 square foot facility in Clayton, Missouri, on June 16, with a ribbon cutting ceremony. Varsity Tutors, is an online learning platform that ... Read More
Missouri-based apparel and home décor company, Soft Surroundings, recently announced plans to expand in the state with a new 300,000 square-foot distribution center near its existing facility in Mexico, Mo. The ... Read More
Missouri’s AgTech industry is leading the way with innovative technology and research that is transforming agriculture. And the St. Louis Science Center is ready to open its $7 million GROW exhibit ... Read More
Last year, Popular Mechanics deemed St. Louis to be one of the 14 best startup cities in America; in January, Business Insider said it had the “fastest-growing startup scene” in the country. ... Read More
On June 7, CertainTeed Roofing opened its new $100 million facility in Jonesburg, Missouri. The 60,000 square-foot manufacturing plant and adjacent 150,000 square-foot warehouse will serve as the production and distribution ... Read More