Business News

Explore the latest Missouri business news and stay informed on recent project announcements, economic development updates, business expansions, and success stories.

From key industry updates to economic trends, we provide comprehensive coverage of Missouri business developments.

Whether you’re tracking growth opportunities, following market shifts, or seeking insight into the state of Missouri’s business climate, our aggregated news feed is here to keep you ahead of the curve.

Merck, Sanofi merge animal medicine units

Two of the world’s biggest pharmaceutical companies said Tuesday they are uniting their animal health businesses in a deal to become the top dog in the veterinary industry. Merck & Co. ... Read More

3M to buy Canadian aerospace products company

Manufacturing conglomerate 3M Co. said Monday it has agreed to acquire MTI PolyFab Inc., a Canadian manufacturer of noise and vibration reduction technology for airplanes. MTI said the acquisition price is ... Read More

St. Louis area firm opts for insourcing

Reversing a trend that has resulted in the loss of thousands of local jobs, a St. Louis-area apparel manufacturer has opted against out-sourcing and folded the bulk of information technology operations ... Read More

Boeing develops Phantom Eye surveillance aircraft

Boeing is working to broaden the offerings of its Unmanned Airborne Systems division through development of a surveillance aircraft — powered by a hydrogen-fueled Ford compact truck engine — that will ... Read More

Essar to buy Trinity Coal

India’s Essar Group Ltd. will acquire U.S. coal producer Trinity Coal for $600 million, giving the global steelmaker direct access to a key raw material that’s seen a recovery in demand. ... Read More

AIG sells Alico unit to MetLife for $15.5 billion

American International Group will sell a second overseas life and health insurance unit for $15.5 billion to MetLife Inc. in an ongoing bid to repay billions in government aid. It was ... Read More

FPL experiments with solar thermal at gas-fired power plant

In former swamplands teeming with otters and wild hogs, one of the nation’s biggest utilities is running an experiment in the future of renewable power. Harvesting the SunAcross 500 acres north ... Read More

US wind potential higher than previously estimated

New wind potential estimates for the lower 48 states based on windNavigator, AWS Truewind’s high-resolution wind resource dataset have been released. The estimates were produced in collaboration with the National Renewable ... Read More

DuPont to build $55M seed production facility in Mo.

DuPont, a rival of Monsanto Co., plans to build a $55 million soybean seed production facility in Missouri’s bootheel. Pioneer Hi-Bred, a DuPont subsidiary led by President Paul Schickler, recently acquired ... Read More

Light-emitting diode shortage likely this year

According to electronic market research firm iSuppli, LEDs are facing a global supply shortage in 2010, and the year may end with a sharp under-supply of the in-demand devices unless production ... Read More