Economic Development

Medtronic headquarters

Report: Possible Deal May Lead Medtronic To Move Legal HQ

Although Bloomberg reported that the potential deal is still in its early stages, if the acquisition occurs, it could result in Medtronic relocating its legal headquarters to London.

June 05, 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

Graves 601 Hotel

Graves Hotel In Downtown Minneapolis Is Sold

Graves 601 will officially change hands this summer when Graves Hospitality sells the 21-floor hotel for an undisclosed sum.

May 29, 2014

Biz Filings Rise In Twin Cities, Fall In Some Other MN Regions

A new report that examined economic conditions in six Minnesota regions found that 10,406 new business filings during the first quarter helped improve the Twin Cities' economic outlook.

May 27, 2014

Value Of MN Exports Dips To $20.7B In 2013

Exports of manufactured goods climbed to a new high, but exports overall ticked down following modest increases in recent years.

May 22, 2014

Carlson Sells $2.7B TGI Fridays Chain

The global hospitality company sold the iconic restaurant brand in order to focus more energy and resources on its hotel and travel businesses.

May 20, 2014

Grand openings: Big welcomes for smaller-sized retail faves Lunds and Cabela's

To the delight of their fans, Lunds and Cabela’s, two retailers that already have a strong Minnesota presence, each opened new outlets on Thursday. The Pioneer Press reports that hundreds of...

May 15, 2014

Green Line light-rail

Has The Green Line Fueled $2.5B In Developments?

A new Met Council report tallies $2.5 billion in investments near the light-rail line, but the number is far from an exact science.

May 15, 2014

MN Loses 4,200 Jobs In A "Very Disappointing" April

Only three sectors added jobs on a seasonally adjusted basis in April, with manufacturing being the only real bright spot in Minnesota’s private sector.

May 15, 2014

Boston Sci Buys 350-Worker Twin Cities Co. For $415M

The majority of Minnesota-based Bayer Interventional’s 350 employees work in Coon Rapids but Boston Scientific said it’s still determining whether it will keep all the existing workers.

May 15, 2014

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