Articles by Sam Schaust

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How Minnesota’s Success Is Dependent On Immigrants

New research suggests the state leans heavily on immigrants when it comes to growth of the workforce, overall population, and the economy.

February 27, 2017

Tennant Co. Makes Largest-Ever Acquisition, Buying IPC Group For $350M

Both companies operate within the same industry but have little overlap, Tennant said. Together, their annual revenue exceeds $1 billion.

February 24, 2017

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HCMC Eliminates 131 Jobs

The hospital is looking to trim its budget after a loss of more than $20 million last year.

February 23, 2017

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Hormel Lowers Outlook In Face Of Turkey Business Headwinds

Company shares fell as much as 7.5 percent.

February 23, 2017

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HealthPartners Teams With GoodRx On Prescription Cost-Saving Web Tool

The Bloomington-based health care provider said the tool would be a first-of-its-kind offering from the large health plan market.

February 22, 2017

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Medtronic Beats Analyst Expectations Despite 25 Percent Drop In Q3 Profits

The medtech company reported mid-single digit sales growth in all four of its business groups.

February 22, 2017

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With Kraft Heinz-Unilever Merger Quashed, Could General Mills Be Acquired?

The food industry has been in a consolidation phase over the past several years and some experts believe General Mills may be up for grabs.

February 21, 2017

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Minnesota Loses 300 Farms In 2016

Data compiled by the USDA found fewer farms in Minnesota last year, but the size of the average farm grew by one acre.

February 21, 2017

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Kickstarting Innovation: How Padron Watch Co. Is Bringing New Ideas To Old-Fashioned Industry

To date, the Minneapolis-based watchmaking company has raised well over $330,000 from thousands of backers through Kickstarter.

February 17, 2017

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Gander Mountain Addresses Bankruptcy Rumors

The retailer said it is taking a “best-practices approach to review [its] strategic options specific to positioning the company for long-term success.”

February 16, 2017

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Prime Therapeutics To Build New Eagan HQ

The pharmacy benefits manager opted to remain in Eagan and have a new facility constructed over moving its operations to a new city in the state.

February 16, 2017

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These MN Medical Companies Paid The Most Money To Doctors, Hospitals

The Mayo Clinic was the state’s top earning health institution, taking in nearly $10.8 million from medical device makers and others in the field.

February 15, 2017

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The Tile Shop’s Annual Revenue Jumps 10 Percent In 2016

Nevertheless, value of the retailer’s stock dropped 10 percent after its quarterly profits did match up to analyst expectations.

February 14, 2017

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Delta Offers Deal For 32 Percent Stake In Mexico’s Largest Carrier

The offer is said to be worth $590 million. If approved, Delta would have the option to ultimately own 49 percent of Aeroméxico.

February 13, 2017

Deluxe To Buy RDM Corp. For $70M

The Shoreview-based check printing and marketing company plans to buy all RDM common stock at a 14 percent premium.

February 13, 2017

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