Economic Development

$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

Brooklyn Park Rebrands

The city has commissioned an ad campaign to convince people that it isn’t all crime and apartments.

April 22, 2014

Twin Cities In Pilot Program To Draw Foreign Investment

The Minneapolis-St. Paul region is among a half-dozen U.S. metros tapped for the Global Cities Initiative.

April 22, 2014

Economic Spring

Survey Finds MN Businesses Are Ramping Up Production

They're also briskly investing in their infrastructure and talent.

April 21, 2014

Measuring The Benefits Of St. Paul's Crashed Ice

With claims of more than 100,000 spectators and a $15 million economic impact, where did all the money flow?

April 21, 2014

Michael Foods

Post Buys Minnetonka’s Michael Foods For $2.45B

In the largest transaction in either company’s histories, Post, known for its huge cereal business, is acquiring Michael Foods, a large Minnesota-based maker of packaged food products.

April 17, 2014

Jobs

MN Adds 2,600 Jobs; Unemployment Rate Unchanged

Professional and business services, as well as the construction industry, contributed largely to March’s gains; the leisure and hospitality sector, along with retail, struggled during the month.

April 17, 2014

Rita's

Rita’s Italian Ice Franchise Is Coming To MN

In May, Minnesota will become the 24th state to house a Rita’s Italian Ice when two local franchisees open a new store.

April 17, 2014

An aerial map

HCMC Announces $191M Clinic Expansion Downtown

The Hennepin County Medical Center plans to build a 322,000-square-foot medical center across the street from its current emergency department in downtown Minneapolis.

April 14, 2014

Handshake

U.S. Bank To Acquire Biz From Ally Bank

U.S. Bank has entered an agreement to purchase Ally Bank’s document custodian business.

April 14, 2014

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