Manufacturing

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Tools and Sparks

Manufacturers Optimistic But Face Skilled-Worker Shortage

Although local manufacturing executives are more confident in their firms’ future than they have been during the last six years, they are also concerned about health care costs, government policies, and a worker shortage.

May 08, 2014

Andersen Plans $18M Expansion, 100 New Jobs

The company said planned improvements to its existing Bayport facility will bring jobs that pay an average of $19 an hour, plus benefits.

April 30, 2014

3M headquarters

3M’s Profit Climbs 7%, Just Shy Of Expectations

While the diversified manufacturer fell just short of analysts’ expectations for sales and earnings, it saw revenue gains in most areas, led by growth in its health care products.

April 24, 2014

$105M Biotech Facility Lands $21M In Financing

Segetis, Inc., will pay for about 70 percent of its new Iron Range plant and will receive $21.2 million in support from the Iron Range Resources & Rehabilitation Board.

April 22, 2014

Med-Tech Firm Receives FDA Warning Over Minnetonka Plant

The FDA sent a warning letter to American Medical Systems, identifying issues related to “process validation, risk analysis, and corrective and preventive action procedures.”

April 22, 2014

MN Glass Company’s Profits Up 80 Percent

Apogee Enterprises’ full-year revenue totaled $771.4 million and the company hopes to reach $1 billion by 2016.

April 14, 2014

Help wanted in North Dakota: State to launch worker recruitment campaign

North Dakota is in the midst of an economic boom, and it needs thousands of workers to fill job openings in a wide variety of businesses. State officials recently announced a new campaign aimed at...

April 13, 2014

Stubborn Lake Superior ice has steel mills starved for iron ore

Ice that’s clogging Lake Superior has created a shipping bottleneck that’s rippling into Great Lakes steel mills. The Associated Press reports Coast Guard icebreakers from the U.S. and...

April 07, 2014

Techne Invests $10M In Startup And Eyes Acquisition

After making a $10 million equity investment in CyVek, Inc., Techne Corporation said it plans to acquire the entire company if it meets certain performance benchmarks.

April 07, 2014

State Grants $740K To Startup That's Adding Jobs In Hastings

HexFuel plans to have 150 employees at a new Hastings plant and might double that headcount within several years.

April 03, 2014

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