Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

BUSINESS BRIEFS [Derived Headline]

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

BUSINESS BRIEFS [Derived Headline]

Article excerpt

RTI-Alcoa merger approved by metals firm's shareholders

Shareholders of RTI International Metals approved plans to merge the Moon-based titanium producer with specialty metals producer Alcoa. RTI shareholders will receive 2.83 Alcoa shares for each of their RTI shares. The merger is expected to be completed today.July 23

Perrigo to buy German supplement maker

Perrigo Co., which is being pursued by local generic drugmaker Mylan, said it agreed to buy Naturwohl Pharma, which has the leading German dietary supplement brand, Yokebe. Terms of the acquisition, which is expected to close in the third quarter, weren't disclosed. The Yokebe brand, which is marketed in the meal replacement category, is expected to generate about $30 million in sales for all of 2015, Perrigo said.

Veterans institute project gets $300K from Heinz Endowments

Heinz Endowments will provide a grant of $300,000 to the Institute for Veterans and Military Families in Syracuse, N.Y., to create PA Serves, a program that will connect veterans and families to social and health care services. The program, to be administered by Pittsburgh Mercy Health System, will support veterans in Allegheny, Butler and Westmoreland counties and is scheduled to launch Oct. 1.

International medical center closer to reality for UPMC

UPMC has completed the first phase in its plans to establish an international medical center in the Hunan province of China. Nearly a year after announcing its collaboration with Xiangya Hospital, Central South University, four floors on an existing 14-story tower have been renovated, including 36 beds and two floors of outpatient clinics. More than 20 UPMC staff members have also provided training in customer service, infection control and post-hospital care. When completed, Xiangya International Medical Center will be expanded to 200 beds within the 3,500-bed hospital.

North American sales spur MSA Safety profit gains

MSA Safety said second-quarter profits rose 8 percent, citing strong sales of its new respirator in the North American market. …

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