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.