Business News

3M to Acquire Ceradyne

3M agreed to acquire advanced ceramics maker Ceradyne in a deal that values the company at $847 million, a move that will complement 3M’s businesses in transportation, energy markets and defense. ... Read More

Two startups Join the Helix Center Biotech Incubator as First Tenants

AeroValve, DealieDo join Helix Center Biotech Incubator Two startups are joining the Helix Center Biotech Incubator, St. Louis County’s newest $7.5 million early-stage business incubator that opened in June. AeroValve, an ... Read More

Rolla professors make advances in nanomaterials

Two researchers at the Missouri University of Science and Technology in Rolla, Mo., have published a study that could lead to advances in developing optical computers, sensors and lasers. The study, ... Read More

Mallinckrodt to buy CNS Therapeutics for $100 million

Hazelwood-based Mallinckrodt, the pharmaceuticals business of Covidien, announced a definitive agreement to acquire CNS Therapeutics Inc. for $100 million. St. Paul, Minn.-based CNS Therapeutics Inc. is a privately held specialty pharmaceutical ... Read More

Number of new jobs created in Missouri third best in nation in August

Missouri created more jobs during the month of August than all but two other states and had the best job creation performance of all Midwestern states, while the state’s percentage increase ... Read More

MU starts tapping into wind power

Wind is being added to the list of renewable energy sources at MU. Installation of a 100-foot-tall wind turbine is set to begin Wednesday at the old Beef Barn off Stadium ... Read More

BASF to buy Becker Underwood for $1 billion

BASF, the world’s largest chemical company, is buying Iowa seed treatment company Becker Underwood from Norwest Equity Partners for $1.02 billion. German-based BASF is making the purchase to boost its farming ... Read More

General Motors Co. will build an all-new GMC Canyon pickup in Wentzville

The midsize Canyon joins production plans at Wentzville, where GM is investing $380 million to build that pickup and an all-new Colorado. GMC officials would not say when the Canyon will ... Read More

Data storage startup Evtron also headed to DEMO

Neither Andrew Mayhall nor his data storage startup Evtron have a lot of name recognition. But that may soon change, as the 19 year old gets ready to introduce his company ... Read More

High-tech startup moves to St. Louis from Costa Rica

The startup simMachines is relocating its headquarters to St. Louis from Costa Rica after receiving funding from Arch Grants, the global business plan competition providing $50,000 grants to startups and taking ... Read More