Business News

The Kansas City Council on Thursday approved the Kansas City, Kan., aircraft company’s plan to move into Kansas City International Airport’s overhaul base on March 1.

The long-term leases for Jet Midwest to occupy two buildings at the massive maintenance facility were approved following a Thursday morning presentation by the company and the city Aviation Department to the council’s Transportation and Infrastructure Committee.

[Kansas City Star]

Red Wing Shoe gets $261K grant to expand, add 42 jobs

Red Wing Shoe Co. has received a $261,270 grant to expand its Potosi plant and add 42 new full-time jobs within two years. The Industrial Infrastructure grant, made through the Community ... Read More

Vedanta to buy Anglo American zinc assets

Vedanta Resources PLC said Monday it has acquired the zinc assets of Anglo American PLC, creating the world’s largest zinc and lead producer. The deal, valued at $1.34 billion, follows Anglo’s ... Read More

Oshkosh gets $410M military truck deal

The defense arm of Oshkosh Corp. has received a Pentagon order for more than 2,600 military trucks, in a deal worth more than $410 million. Oshkosh Defense said Monday the vehicles ... Read More

Dow plans seed trait to combat Roundup-resistant weeds

Dow Chemical Co. plans to add a gene to its corn, cotton and soybean seeds that will allow farmers to use a second herbicide to control weeds not killed by Monsanto ... Read More

MU gets millions for health study

The University of Missouri has been awarded an $8.47 million grant to study cardiovascular health, one of the largest awards for medical research in MU’s history. The five-year, renewable grant will ... Read More

Endo to buy HealthTronics for $223M

Drug developer Endo Pharmaceuticals Holdings Inc. is buying HealthTronics for $223 million in a move to expand its urology and diagnostic products, the companies said Wednesday. Endo, based in Chadds Ford, ... Read More

Landec acquires Lifecore Biomedical for $40M plus debt

Landec Corp. said Monday it acquired Lifecore Biomedical Inc. from Warburg Pincus Private Equity IX LP for $40 million in cash and assumed debt of $4 million, along with future possible ... Read More

Tech’s 29 most powerful colleges

The University of Missouri comes in at No. 23 on The Daily Beast’s list of Tech’s 29 Most Powerful Colleges. The school is hailed for its Missouri Research Park in St. ... Read More

Despite the economy UM system research blossoms

Ground broke last month on the site of a new research park at the Missouri University of Science and Technology. The innovation park is being constructed atop what was once the ... Read More

Missouri tops Kansas in tech job rankings

Missouri bested Kansas in terms of tech jobs, according to a new Cyberstates report, which ranked the states as the 19th and 27th cyberstates, respectively. The report found that Missouri’s high-tech ... Read More