Economic Development

Carl N. Platou Emergency Center Rendering

Fairview Southdale Raising Funds for $39M Expansion

The Edina hospital hopes to raise $15 million by the end of 2014 to help fund the $39 million expansion of its emergency center.

Jobs

MN Cuts Jobs for 2nd Straight Mo., But Jobless Rate Dips

A state official called April a “pretty bad month” but said that the slight decline in the unemployment rate signals a longer-term, more positive trend.

Minneapolis redevelopment rendering

Mpls., Ryan Pitch $400M Project Near Vikings Stadium

The proposal calls for the development of two 20-story office towers, a skyway-connected parking ramp, apartments, and a green space for “rail-gating”—but it is contingent upon several factors.

New Restaurants Boost Granite City’s Sales

Granite City Food & Brewery’s revenue increased by 22 percent and its loss narrowed in its most recent quarter.

Arcata Rendering

Golden Valley Welcomes 6-Story Luxury Apt. Complex

A building with 165 luxury apartment units is being built near The Shops at West End in Golden Valley.

ATK to Acquire Savage Sports for $315M in Cash

ATK will buy firearm designer and manufacturer Savage Sports, whose parent company, Caliber, is a portfolio business of Minneapolis-based Norwest Equity Partners.

30 Plans to Improve St. Paul Vie for $1M Prize

Thirty ideas for improving St. Paul—ranging from the construction of a “floating museum” to mobile food shelves—are competing for a $1 million prize.

Manufacturing

MN Cos. Set New Export Record in 2012: $20.6B

The value of Minnesota’s exports rose $246 million in 2012, an increase of 1.2 percent and enough to set another annual record; the state’s top export category was machinery.

Holiday Buys 7 SuperAmerica Stores in Rochester

Holiday Stationstores purchased seven of its rival’s convenience stores in Rochester and plans additional growth.

Handshake

Dell Purchases Twin Cities Tech Co. Enstratius

Enstratius is Texas-based Dell’s second Minnesota acquisition in recent years.

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