Economic Development

DFLers reach deal on construction bill, but need GOP votes

Minnesota DFL legislators have agreed on a more than $1 billion package of building and construction projects statewide, a key piece of legislation that lawmakers want to act on before the session...

May 14, 2014

100s

MN Mobile Banking Co. Aims To Raise $20M

Founded by local businessman Jeff Mack, Cachet Financial Solutions significantly narrowed its net loss in its most recent quarter and increased revenue, and is now planning a stock offering.

May 08, 2014

A rendering of the new headquarters

Kraus-Anderson Plans New Mpls. HQ With 250 Workers

The Minneapolis-based construction company is planning to build a new 80,000-square-foot headquarters near its current downtown headquarters this fall.

May 06, 2014

Crews on scene of construction site collapse in Minneapolis

Police are on the scene of  a retail establishment in South Minneapolis where a construction addition on the top floor has collapsed. KSTP reports that the incident happened at the Karmel Square...

May 06, 2014

M&A

St. Paul Co. Buys Fellow MN Asset Management Firm

Advantus Capital Management is adding about $300 million in assets to the $29 billion it already manages.

May 05, 2014

U considers $8 million renovation plan for Mariucci Arena

The University of Minnesota is considering an $8 million renovation to Mariucci Arena. Those changes would include making the ice surface smaller. The Gophers are one of the few college hockey...

May 01, 2014

Dayton focuses on Minnesota jobs, education in state of state address

Gov. Mark Dayton proclaimed the state of Minnesota as “better” during his annual State of the State address to the Legislature Wednesday evening. “When I ran for governor four...

April 30, 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

Major MN Employer ATK Splits Into 2 Companies

The massive aerospace, defense, and sporting goods company—which has four facilities in Minnesota—announced that it’s dividing itself into two separate companies.

April 29, 2014

Reverse Outsourcing: State Aid Lures India Company To Dilworth

Axis Clinicals' plant will employ 100 workers at a former Wal-Mart site in Dilworth.

April 28, 2014

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