Medtronic said Monday that it will pay up to $500 million for Invatec, a company that makes medical devices to treat cardiovascular disease, The Associated Press reports. The medical technology company ... Read More
Medical device company Medtronic Inc. said Thursday it has agreed to buy heart device maker ATS Medical Inc. for $315.2 million in cash, expanding its products for cardiac surgery. Medtronic’s offer ... Read More
St. Louis biotechnology company Mediomics said Tuesday it received an additional $460,000 in federal funding thanks to the renewal of a second-year grant from the National Institute of General Medical Sciences. ... Read More
Moberly Area Economic Development Corporation today announced that the multinational company Mamtek International and its affiliate Mamtek U.S., producers of a healthy sugar substitute called sucralose, plan to base U.S. manufacturing ... Read More
Magna International Inc., Canada’s biggest auto-parts maker, plans to invest as much as $600 million (U.S.) on new plants for making lithium-ion batteries for electric vehicles. “We currently are scouting out ... Read More
Private-equity investor Madison Dearborn Partners LLC has agreed to purchase Bway Holding Co., an Atlanta-based supplier of metal and plastic containers, for $915 million in cash and debt and plans to ... Read More
LMI Aerospace Inc. said Monday it won a long-term agreement with Mitsubishi Aircraft Corp. to design and build the tailcone section of the new Mitsubishi Regional Jet (MRJ) set to go ... Read More
A smart-grid project in Ohio will test whether the electricity business will follow the history of computing, with storage moving from center to the edge of the network. Start-up International Battery ... 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
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