BAE wins weapons contracts
- March 26, 2010
Just days after losing a large contract to supply armored vehicles for the British army, BAE Systems PLC on Friday announced two weapons deals that in the long term could be ... Read More
Business News
Emerson Network Power is partnering with Panduit to incorporate its products into Panduit’s Unified Physical Infrastructure (UPI) system, the two companies said today.
The UPI system integrates equipment and technology from Panduit and its partners to provide improved efficiency. The partnership focuses on incorporating Emerson Network Power’s cooling, uninterruptible power supply (UPS) monitoring and management technologies into Panduit UPI approach.
Missouri students make significant gains in reading test scores
- March 25, 2010
Missouri is one of nine states in which eighth-grade students made significant gains in reading scores between 2007 and 2009, state education officials announced. According to results of the National Assessment ... Read More
Perrigo to buy formula maker for $808M
- March 23, 2010
Perrigo Co., the largest U.S. maker of store-brand over-the-counter drugs, said Tuesday it is buying infant formula maker PBM Holdings Inc. for $808 million in cash. PBM, based in Gordonsville, VA., ... Read More
Mitsubishi to rev up electric car output
- March 23, 2010
Mitsubishi Motors Corp. said Tuesday it aims to more than triple annual production of its electric car — the i-MiEV — over the next three years, anticipating robust global demand for ... Read More
Triumph to buy Vought Aircraft in $984M deal
- March 23, 2010
Triumph Group Inc. agreed to acquire Vought Aircraft Industries Inc. from Carlyle Group for $984 million, a deal which will give the private-equity giant nearly one-third of Triumph. The Wayne, Pa., ... Read More
Intersil to buy Techwell for $418 million
- March 23, 2010
Intersil Corp. agreed to acquire Techwell Inc. for about $418 million, as the semiconductor company looks to boost its industrial business, which will become its largest market. The company will pay ... Read More
Chrysler announces new Fiat 500 electric vehicle
- March 22, 2010
The Chrysler Group announced on March 22 its plans to engineer and produce a pure electric vehicle using the Fiat 500 platform, which was shown earlier this year at the 2010 ... Read More
Peabody to buy $15M stake in Calera
- March 22, 2010
Peabody Energy said it plans to buy a $15 million equity interest in Calera Corp., which has proprietary technology that converts carbon dioxide into green building materials. Los Gatos, Calif.-based Calera, ... Read More
Midwest Research Institute wins Department of Defense research contract
- March 22, 2010
Midwest Research Institute has received a U.S. Department of Defense contract to provide support services for national defense research against chemical and biological warfare and terrorism. The Kansas City-based organization said ... Read More
EADS backs algae as future biofuel
- March 19, 2010
Airbus parent company EADS is backing algae as the best source of sustainable jet fuel, arguing that other feedstocks will not allow the airline industry to meet its carbon-footprint reduction goals. ... Read More