The deal, announced simultaneously with better-than-expected Quarter 2 estimates, involves $100 million in cash, plus shares and land.
The new location will house the bag and backpack manufacturer's marketing staff.
If Polaris follows Harley-Davidson’s lead and moves production abroad to offset costs of retaliatory tariffs the EU has imposed on U.S. goods, will other Minnesota-based companies do the same?
Four local manufacturers share the challenges and opportunities facing their companies.
More and more Range residents have been crediting Trump for any boost the mining industry has recently received.
The window and door manufacturer will expand its production facility at its headquarters to meet increased demand for its Fibrex material-based product line.
During the training, the employees gain skills before transitioning into actual jobs when someone retires or quits, or if new positions are created.
Wozniak discussed some of the process toward separating nVent from Pentair, as well as the immediate market potential she sees for the company now that it is an independent business.
Some industry analysts believe the decreased forecast is a ploy to set incoming 3M CEO Michael Roman up for a positive first year.
The new facility will house its fast-growing CNC machining operations.
A lot depends on how other nations react to the new taxes.
After more than six years as CEO of the company behind Post-It Notes and Scotch Tape, Thulin will move on to a new position on 3M's board.
The imaging company reported nearly $5 million in sales in its fourth quarter, but capped the year with an overall loss of nearly a quarter-million dollars.
Fourth quarter sales jumped 9 percent year-over-year, the Maplewood-based maker of Scotch tape and Post-It Notes said, while its earnings significantly dropped.
Companies are using internships, apprenticeships and targeted strategies to identify and develop the talent pool they need.
The 3M division, which had annual global sales of about $400 million, includes a 500-member staff.
Emmer’s bill is so narrowly tailored to Minnesota interests that it almost requires a Minnesota sponsor in the upper chamber. But Franken has already come out against it, leaving all eyes on Amy Klobuchar.
While both Proto Labs and Rapid had similar focuses in terms of quick-turn, low-volume manufacturing, they had different, but complementary capabilities.
The state said it would support the manufacturing company’s $17.6 million project with a $354,000 grant.
The unit made up roughly 2 percent of Ecolab’s overall business.
The spinoffs, which will create two new, independent organizations outside of Honeywell, are expected to be complete by the end of 2018.
After six years of building and investing in their company, four entrepreneurs are ready to make a splash.
The Commerce Department concluded that no new pipeline capacity is needed to ensure “future adequacy, reliability and efficiency of energy supply.”
Olson takes over from retiring chairman and former CEO Michael Hoffman.
The two companies combined would have nearly $3 billion in annual revenue, making it one of the largest specialty adhesives makers on the globe.
Paul Marvin took the helm of the long-time family window and doors business in late August.
Many CEOs tendered their resignation from the advisory group following a weekend of violence and protests in Charlottesville, Virginia.
Amy Hood has been with the technology giant since 2002 and its chief financial officer since July 2013.
The commission said Muslim workers that were fired had their civil rights violated.
The plant was expected to cost $27 million.