In a significant boost to Kansas’ aerospace and manufacturing sector, Governor Laura Kelly announced that Honeywell will invest $84 million to expand its aerospace manufacturing facility in Olathe, promising the creation of 156 new jobs. This strategic investment is poised to generate nearly $47 million in total gross domestic product (GDP) and contribute $18.3 million […]
Inszone Insurance Services, a rapidly expanding national provider of a wide range of insurance solutions, including commercial, personal, and benefits insurance, has officially marked its entry into the Kansas market through the acquisition of American Heritage Agency, Inc. This move signifies Inszone’s continued growth and its commitment to extending its physical presence to better meet […]
Allied Resource Partners, an esteemed entity in the energy sector, recently announced a significant expansion of its oil and gas portfolio. The company has acquired 23 continuous sections of oil leases in Gove County, Kansas, marking a major leap in its mission to discover and develop new energy resources in the region. Allied Resource Partners […]
North America’s top pure-play distributor of scientific products, Thomas Scientific, has sealed the acquisition of Arrowhead Forensics, a leading forensics product provider based in Lenexa, Kansas, as of October 5, 2023. This strategic acquisition bolsters Thomas Scientific’s competence in catering to a diverse clientele including law enforcement agencies, government bodies, and numerous organizations emphasizing on […]
CrossFirst Bankshares, a Kansas-based bank holding company, has agreed to acquire Canyon Bancorporation, a bank holding company in Arizona, in a stock and cash deal worth $15.1 million. Canyon Bancorporation is the parent company of Canyon Community Bank, while the Nasdaq-listed CrossFirst Bankshares is the parent company of CrossFirst Bank (CFB Bank). Shareholders of Canyon […]
Panasonic Energy, a Panasonic Group company, has broken ground on a new lithium-ion battery manufacturing facility in De Soto, Kansas, US with an investment of around $4 billion, to add critical capacity to the domestic electric vehicle (EV) battery supply chain. The new facility will produce “2170” cylindrical Li-ion batteries and will have around 30GWh […]
Marel has agreed to acquire Wenger Manufacturing, an American supplier of pet food, plant-based proteins, and aqua feed, for $540 million. According to the Iceland-based food processing company, the acquisition of the Sabetha, Kansas-based Wenger Manufacturing marks a platform investment into new, complementary, and attractive growth markets. The US firm’s operations will become the fourth […]
MedVision, a US-based provider of value-based healthcare business applications for delegated risk entities, has acquired Complete Health Systems (CHS), an IT and health plan technology solutions provider that serves health plan benefit administrators. The financial terms of the deal were not disclosed. Based in Wichita, Kansas, Complete Health Systems is said to have clients across […]
MDI NetworX, a Baltimore-based provider of business management services for healthcare payers, has acquired American Healthcare Alliance (AHA) for an undisclosed price. Based in Overland Park, Kansas, American Healthcare Alliance is an alliance of preferred provider organizations (PPOs). The alliance, through its PPO networks, caters to payers, employers, brokers, and networks across the US. MDI […]
Global insurance brokerage Hub International has acquired the assets of Dissinger Reed, a Kansas-based special risk agency, for an undisclosed price. Based in Overland Park, Dissinger Reed particularly focuses on the unique insurance requirements of collegiate athletic departments and state high school associations. Presently, the special risk agency offers tailored insurance solutions to 200 plus […]