Economic Development

Billion-Dollar Davisco Sold To Canadian Dairy Co-Op

The Davis family, owners of a diverse business portfolio, has divested its largest business unit: Davisco Foods International.

July 23, 2014

Shovel and Hat

St. Paul Mayor Outlines Next Steps For Ford Site

About a year before the former Ford site is expected to be marketed to prospective developers, St. Paul is making plans to refresh the site.

July 22, 2014

After All-Star Frenzy, An Update On The Vikings Stadium

The Minnesota Sports Facilities Authority's "State of the Stadium" report provides an update on progress while piggybacking on the attention Minneapolis received during the MLB All Star Game.

July 22, 2014

3M HQ

3M Buys Out Investor In Japanese Subsidiary For $885M

3M said it expects the deal to increase its earnings by $0.08 per share during the year following September 1.

July 16, 2014

Sizing Up Two Key St. Paul Redevelopment Sites

A new report outlines a framework for an "urban village" at Snelling and University Avenues; meanwhile, the city of St. Paul is seeking proposals for the “Seven Corners Gateway.”

July 15, 2014

General Mills leaders and Chinese officials

General Mills Adds $15M “Innovation Center” In China

The food giant recently opened a new research and development center in Shanghai and aims to grow its presence in the ice cream and yogurt markets throughout China.

July 15, 2014

St. Jude Medical headquarters

St. Jude Medical Buys Med-Tech Firm NeuroTherm For $200M

The acquisition of NeuroTherm will expand the Minnesota company’s chronic pain relief business.

July 14, 2014

New Biz Filings Up Slightly In MN This Year

New business filings for the first half of the year totaled 31,502, about 500 more than during the same period last year.

July 09, 2014

Pohlads Drop “Twin Cities” From Name Of Auto Co.

Twin Cities Automotive has been rebranded as Carousel Motor Group, as it looks to expand into new areas.

July 01, 2014

Mankato Telecom Firm Enventis Sold For $350M

Enventis was bought by a fellow telecommunications firm, based in Illinois, and the deal’s direct effect on Minnesota employees hasn’t been disclosed.

June 30, 2014

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