Manufacturing

M&A

MTS Systems Buys North Carolina Co. For $15M

Eden Prairie-based MTS Systems said its purchase of Roehrig Engineering is expected to close this summer.

June 19, 2014

Printing Firm Will Shutter 280-Worker Plant In St. Cloud

Quad/Graphics’ plant closure comes after other firms, including Creative Memories and Verso Paper, laid off area employees in recent years.

June 18, 2014

Medtronic's Fridley headquarters

Amid Medtronic’s Move, MN Remains A Med-Tech Leader

Despite a legal headquarters relocation, Medtronic is retaining its workforce in Minnesota, which remains a national leader based on med-tech jobs and concentration of medical device manufacturers.

June 17, 2014

Medtronic's headquarters

Medtronic Plans $43B Acquisition, Will Relocate HQ

The company said that, while it plans to relocate its headquarters from Fridley to Ireland, it will retain its “operational headquarters” in the Twin Cities.

June 16, 2014

Minnesota exports top $5B, up 2 percent in Q1

Minnesota exports were up 2 percent in the first quarter of 2014 compared to the same quarter a year ago, according to the Minnesota Department of Employment and Economic Development.That’s...

June 13, 2014

Medtronic Seeks Dismissal Of Shareholder Lawsuits

A two-person committee appointed by the med-tech giant concluded that allegations against Medtronic’s leaders are “without merit”; it’s now seeking dismissal of shareholder lawsuits.

June 10, 2014

Nicholas Gangestad

3M Promotes Executive As CFO Leaves For Another Co.

Longtime 3M employee Nicholas Gangestad is replacing David Meline, who had served as the company’s chief financial officer since 2011.

June 09, 2014

Wayzata Private Equity Firm Sells Manufacturing Co.

Wayzata Investment Partners has completed the sale of Grede Holdings to New York-based private equity firm American Securities.

June 03, 2014

Builder Of Iron Ore Plant Denies Rumor That It’s For Sale

Essar Steel Minnesota, which recently landed $450 million in financing to support its planned Iron Range facility, denied media reports that it is for sale.

June 03, 2014

Coal Burning Plant

Fed Plan Orders MN To Cut Carbon Emissions 41 Percent

To reach that goal the Environmental Protection Agency is setting customized targets for each state.

June 02, 2014

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