News

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.

May 16, 2013

MN Mall Co-Owner Buys Out Partner in $1.46B, 30-Mall Deal

Retail property management firm DDR, which co-owns Riverdale Village in Coon Rapids and 43 other U.S. shopping centers, said Wednesday it will buy out its joint venture partner in a $1.46 billion deal through which it will acquire 30 of the 44 centers.

May 16, 2013

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.

May 16, 2013

Zipcar Car-Sharing Program Expands Throughout Mpls.

The company—which has offered car sharing on the University of Minnesota campus since 2005—has placed 40 vehicles throughout the city, and its rates range from $8.75 per hour to $72 for a 24-hour period.

May 16, 2013

Bill Would Give Add’l Jobless Benefits to Locked-Out Workers

The Minnesota House already approved and the Senate is poised to vote Thursday on the bill, which would provide as much as half a year in additional unemployment benefits to idled workers during labor disputes.

May 16, 2013

MN, Prudential Reach $14M Settlement Over Unpaid Policies

Minnesota Commerce Commissioner Mike Rothman announced Wednesday the $14 million settlement with Prudential that pertains to unclaimed death benefits.

May 16, 2013

Fewer Women in Manufacturing Despite 530K New Jobs

Senator Amy Klobuchar discussed how to get more women into the skilled manufacturing work force at a hearing that included a Minnesota CEO who’s had difficulty hiring people.

May 16, 2013

Chef Christiansen Departs Union to Start New Restaurant

Downtown Minneapolis restaurant Union is losing its top chef, who plans to open his own restaurant at the corner of 27th Street and Lyndale Avenue.

May 16, 2013

Bellisio Foods to Buy Frozen Foods Co. in $80M Deal

Bellisio Foods has agreed to acquire frozen food products manufacturer Overhill Farms, Inc., which provides branded and private-label frozen food products for businesses in the foodservice, retail, and airline industries.

May 15, 2013

Polaris’ RZR SW tactical vehicle

Polaris Among Those Named in a $382.5M Military Contract

Under the terms of the contract, military customers may purchase vehicles from Polaris’ defense division.

May 15, 2013

MN Auto Restorer Allegedly Defrauded Customers of $1M

A former employee of Memory Lane Classics, a car restoration company in Chisholm, was charged Tuesday with wire fraud and transaction money laundering.

May 15, 2013

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.

May 14, 2013

Vikings stadium design

Vikes Unveil Stadium Design; U of M Design Dean Weighs In

Thomas R. Fisher, dean of the University of Minnesota College of Design and co-chair of the stadium’s Design Implementation Committee, said the design was inspired by various landforms in the area and “the things that it evokes . . . will be understood and appreciated 10 to 20 to 30 years from now.” But not everyone agrees.

May 14, 2013

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.

May 14, 2013

Polaris Lowers Price of ’14 Indian Motorcycle Model

Polaris attributed the decreased price to better manufacturing resources and supply-chain capabilities compared with Indian’s former owner.

May 14, 2013

Ecolab's new Antimicrobial Fruit and Vegetable Treatment

Ecolab’s Produce-Wash System Reduces Foodborne Illness

The company said its Antimicrobial Fruit and Vegetable Treatment product can kill 99.9 percent of salmonella, listeria, and E. coli found in produce wash water.

May 14, 2013

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.

May 14, 2013

Petters Wants Sentence Thrown Out, Says Atty. Withheld Info

Tom Petters reportedly claims that his former attorney, Jon Hopeman, never told him about a pretrial offer from prosecutors to cap his punishment at 30 years in exchange for a guilty plea.

May 13, 2013

ABRA Auto Body Buys 23 Repair Shops, CEO Eyes More Growth

May 13, 2013

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.

May 13, 2013

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