The week's business headlines

Glaston to acquire Albat + Wirsam
Officials from glass processing machine manufacturer Glaston Corp. of Finland announced May 31 the company made a $28 million deal to buy Germany’s Albat + Wirsam Software AG Group, according to a same-day Glaston release. The deal is expected to close July 2 … read more

More bid speculation pushes shares up for Alcan 
Stock prices increased 1.5 percent for Montreal-based aluminum producer Alcan May 29 in response to speculation of bids from aluminum companies Norsk Hydro of Norway or Rio Tinto of London, according to a May 29 article from Seeking Alpha … read more

Construction spending edges up in April
Despite expectations of slow construction in April, construction spending increased 0.1 percent, according to a May 31 Bloomberg article … read more

Solutia shade business sees huge growth
Sales doubled last year at Halcyon Shades, a segment of St. Louis-based Solutia’s CPFilms business … read more