News

Ag. Machinery Co. to Expand MN Facility, Create 75 Jobs

AGCO, which makes and distributes agricultural machinery, plans to invest $42 million over the next three years to expand its plant in Jackson.

May 08, 2013

Manufacturing

MN Cos. Set New Export Record in 2012: $20.6B

The value of Minnesota’s exports rose $246 million in 2012, an increase of 1.2 percent and enough to set another annual record; the state’s top export category was machinery.

May 08, 2013

Minnetonka Lab Will Lay Off 79 Workers

ViroMed Laboratories will begin reducing its staff on July 1.

May 08, 2013

Target Partners with Facebook to Launch New Website

Retail giant Target has launched a new website called “Cartwheel,” which allows bargain hunters to interact and shop via Facebook.

May 08, 2013

Holiday Buys 7 SuperAmerica Stores in Rochester

Holiday Stationstores purchased seven of its rival’s convenience stores in Rochester and plans additional growth.

May 07, 2013

U of M to Vote on Agreement to Strengthen Tie with Fairview

The agreement, which the University of Minnesota’s board of regents will vote on Friday, aims to enhance the relationship between Fairview Health Services, the U of M, and University of Minnesota Physicians, while also improving patient care, education, and research.

May 07, 2013

Locals with Investable Funds 3rd-Most Optimistic in U.S.

Fifty-seven percent of area residents believe that the local and national economy will improve in the next two years.

May 07, 2013

Zimmern is “Best Host,” No James Beard Win for MN Chefs

Neither of the two local chefs who made it to the finalist stage in the 2013 James Beard Foundation awards program won an award, but four members of the local food industry, including Andrew Zimmern, received media and specialty honors.

May 07, 2013

Regis headquarters

Regis Swings to a 3rd-Quarter Profit But Misses Expectations

The salon company reported a more modest decline in same-store sales, but its revenue and adjusted earnings fell short of analysts’ predictions.

May 07, 2013

19 MN Cos. in Fortune 500; 10 Move Up in Rank

UnitedHealth Group retained its spot as Minnesota’s highest-ranking company on the just-released list, and it moved up five spots from last year, ranking 17th overall.

May 07, 2013

Handshake

Dell Purchases Twin Cities Tech Co. Enstratius

Enstratius is Texas-based Dell’s second Minnesota acquisition in recent years.

May 07, 2013

Twin Cities Co. Launches New Tech for Digital-Ad Delivery

Totally Interactive Weather says that its new TriggerEx technology platform will allow advertisers to deliver more relevant campaigns.

May 07, 2013

MSP Airport Ranks 3rd for On-Time Departures

The local airport was among 29 U.S. airports that the U.S. Department of Transportation ranked by their percentage of on-time departures in 2012.

May 06, 2013

Twin Cities Insurance Co. Acquired by CBIZ

CBIZ is expanding its Minnesota footprint with the acquisition of Associated Insurance Agents and its 32 employees.

May 06, 2013

Paper Mill Eliminating 300 MN Jobs

Boise’s job cuts are the latest in a series of blows to Minnesota’s wood products industry.


May 02, 2013

Owatonna-based Truth Hardware to be Sold for $200M

London-based building product supplier Tyman PLC has agreed to purchase Truth Hardware, saying it is a good strategic fit with its Amesbury, Massachusetts-based subsidiary Amesbury Group, which manufactures window and door hardware and weather seals.

May 02, 2013

Strib, PiPress Post Circulation Gains, See Online Growth

Both local newspapers rank within the top 20 nationwide for weekday digital subscriptions and have posted double-digit year-over-year increases in both weekday and Sunday digital subscriptions.

May 02, 2013

MN Med-Tech Co. Subpoenaed in Insider Trading Probe

Amid an insider-trading probe, federal prosecutors reportedly subpoenaed Cardiovascular Systems; there have been no allegations of wrongdoing.

May 02, 2013

Medtronic Cutting 230 Jobs from Its Spinal Business


The cuts affect about 4 percent of employees in Medtronic’s spinal business; none of the layoffs impact the company’s Minnesota work force.

May 02, 2013

Xcel Energy's Minneapolis headquarters

Cold Winter Helps Boost Xcel’s Profits by 29%

A long, cold winter, as well as rate increases in several states, helped boost Xcel's first-quarter financial results.

May 02, 2013

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