BASF and Monsanto Co. said Wednesday that they are expanding their joint efforts to develop higher-yielding and stress-tolerant crops to include wheat and may add more than $1 billion to those efforts.
The collaboration, established in 2007, originally included corn, soy, cotton and canola crops. Before the additional investments announced Wednesday, the two companies had already budgeted a joint contribution of $1.5 billion over the life of the collaboration.
Sabreliner Corp. said Monday it won a contract with the U.S. Air Force Academy to provide engineering and research support for aging aircraft structures. The contract has a not-to-exceed value of ... Read More
Grifols SA of Spain plans to buy Talecris Biotherapeutics Holdings Corp., a U.S. maker of plasma medicines part-owned by Cerberus Capital Management LP, for more than $3 billion, according to people ... Read More
Teledyne Technologies Inc., an engineering and electronic products maker, said Monday it has bought Optimum Optical Systems Inc. for an undisclosed sum. Optimum Optical, based in Camarillo, Calif., makes products used ... Read More
Sterling Heights-based General Dynamics Land Systems announced it has been awarded a $92 million contract to supply mounted weapon stations to the U.S. Army Tacom Life Cycle Management Command in Warren. ... Read More
Most of the assets of AAER Inc., a Quebec-based company that once aspired to establish itself as a wind turbine manufacturer but ended up in bankruptcy court, are being sold to ... Read More
For the second time in as many weeks, local economic development officials have announced the successful completion of a project that will bring a new employer to town. This time, it’s ... Read More
Brazilian steelmaker Gerdau offered to pay up to $1.7 billion to take full ownership of its North American unit, looking to reduce borrowing costs and increase efficiency. Gerdau on Wednesday bid ... Read More
New-vehicle sales in the United States rose more than expected in May, as every major automaker except Toyota Motor reported increases of at least 17.5 percent on Wednesday. Graphic How the ... Read More
Express Scripts opened its new $60 million pharmacy automation center Thursday in north St. Louis County. The company added 300 new jobs at the 12-acre Technology and Innovation Center, which dispenses ... Read More
In a move to expand its defense electronics subsystems portfolio Curtiss-Wright Corp. has acquired Hybricon Corp. for $19 million in cash. Hybricon is a supplier of electronic packaging for the aerospace, ... Read More