Essar to buy Trinity Coal
- March 08, 2010
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
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.
AIG sells Alico unit to MetLife for $15.5 billion
- March 08, 2010
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
- March 05, 2010
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
- March 04, 2010
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.
- March 04, 2010
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
- March 03, 2010
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
Nucor forms joint venture with Mitsui
- March 03, 2010
Steelmaker Nucor Corp. has entered into an agreement with Japan-based steel products manufacturer Mitsui & Co. Ltd. to form a new company called NuMit LLC, Nucor said March 2. Under the ... Read More
Washington University cancer researchers get grant
- March 03, 2010
Two Washington University researchers, Emily Cheng and Ellen Langer, recently won a combined $870,000 in research grants from the American Cancer Society. They join 15 other current grant recipients in the ... Read More
Germany’s Merck buying Millipore for $7.2 B
- March 01, 2010
German pharmaceutical company Merck KGaA will buy U.S. biotech equipment maker Millipore Corp. in a deal valued at $7.2 billion including debt, according to media reports Sunday. Speculation about an acquisition ... Read More
Ford invests $155 million in fuel-efficient engines
- March 01, 2010
Ford Motor Co. announced on Feb. 26 that it is investing $155 million and adding 60 jobs at its Cleveland operations to build a new fuel-efficient V-6 engine for the 2011 ... Read More