A roundup of business news around the state, curated by TCB editors.
The company is looking to fill about 200 positions for the new 147,000 square-foot co-working and sports facility at the Edina mall—its largest site to date.
Greater Minnesota's community newspapers are in trouble. Can anything save them?
As unemployment fell to 3.3 percent last month, the state added 1,100 jobs, according to seasonally adjusted figures from the state’s jobs agency.
CEO and president Mike Brown is resigning, and current COO Laurence Mascera will replace him on an interim basis.
The St. Paul-based holding company continues to grow its scope of investments.
Overall participation in apprenticeships grew by 27 percent between 2014 and 2017. About 96 percent of those are in construction.
Hopeful fans shelled out as much as $3,000 to lock in seats for potential post-season play. More will be sold next week.
The busy retail season has begun, with Minneapolis-based Target and UPS announcing their seasonal hiring plans. Target’s seasonal staff will be larger than 2018, following two strong 2019 quarters.
Under Excel’s “Lighthouse Program,” the Minneapolis health care nonprofit will work with Florida-based Excel Medical on improving clinical workflow-focused software platforms.
Ellison and several other attorneys general are seeking to kill the Trump administration’s “final conscience rule,” which makes it easier for healthcare providers to refuse patients based on religious beliefs.
On Wednesday, the company will break ground on a 50-acre facility in Mason City, Iowa.
The amount marks a 4 percent drop from the same period last year.
Gnomi tries to appeal to readers on both sides of the aisle by assigning a bias grade to news articles on a scale of 1 to 5.
His appointment is part of a leadership restructuring aimed at accommodating the health insurance startup’s growth.
Vensana Capital attracted more investors than expected for its inaugural venture capital fund aimed at medtech companies.
The university is partnering with Quill Security Technology to implement software that provides real-time data on security risks.
Based on 300 responses to a survey conducted by state tourism agency Explore Minnesota, a majority of lodging businesses saw revenue gains this summer.
In a letter to the Department of Justice, Klobuchar asks for an investigation following news reports of the two companies failing to comply with conditions of their 2010 merger.
The “Drive Up” service reaches the milestone just two years after it debuted.
To keep pace with inflation, large employers’ minimum wage rate will increase to $10 an hour, while small employers’ rate will move to $8.15.
Less than two years after Cargill’s initial investment in the alternative protein company, Cargill’s latest contribution will help operationalize a Dawson facility, adding 90 area jobs and doubling Puris’ pea protein production capabilities.
The fourth Hy-Vee store of its kind, the Lakeville location will be the first in Minnesota. It’s designed to cater toward consumer convenience needs, offering a quicker grocery experience.
After CFO Don Mulligan retires, Kofi Bruce will replace him.
A look at the business of the Giant Slide, a State Fair icon celebrating its 50th anniversary this year.
Ultra Machining Co. is working with the city of Monticello to add a new facility next to its existing operations. The project is expected to add up to 125 new jobs.
Through the U’s Venture Center, research ideas turn into full-fledged startups. In the university’s most recent fiscal year, 19 companies were launched.
The Minneapolis medical device maker has received federal premarket approval for what it claims is the world’s first heart failure neuromodulation device.
The brand—Target’s largest in-house brand yet—will include more than 2,000 food items by the end of 2020, with the first products rolling out September 15. Some existing food brands will be phased out.
Shareholder advocacy organization As You Sow has withdrawn a resolution it filed in April, which called for General Mills to disclose evidence of efforts to reduce pesticide use.
The deal for Georgia-based Chemstar marks Ecolab’s third acquisition in about eight months.
The figure marks the third consecutive decline in the number of Minnesota companies to appear on the list.
A Milwaukee-born data scientist, Dettman says he’s happy to represent a “new wave of leaders.”
To accommodate growth and better attract talent, the company will consolidate Twin Cities staff into a single, significantly larger space in the Baker Center in downtown Minneapolis.
The Minnesota Hemp Association, a nonprofit representing various hemp industry stakeholders in the state, has tapped former state representative Joe Radinovich as its executive director.
Mollgaard, who recently founded nonprofit Red Wing Ignite, will serve as executive director for Launch Minnesota, a program created by lawmakers and DEED officials.
Digital agency Foundry and agriculture company Conservis have announced plans to launch Affect the Cause, a two-day competition aimed at developing solutions for food and agriculture problems.
St. Louis Park-based RentTrack has rebranded to LevelCredit and hired a new president to expand business beyond rent reporting, to help more Americans build better credit.
With the introduction of a pilot program running August 1 through November 30, Lime enters its first market in southern Minnesota, and gives Rochester its first e-scooter offering.
The Minneapolis-based company has acquired Florida-based endpoint protection solutions provider Digita Security.
On its 65th anniversary, the Minnesota power sports vehicle maker has rolled out a new tagline, logo, corporate name, and focus to welcome a more diverse customer base.
The acquisition is expected to boost the digital capabilities and global reach of both companies.
The Republican politician, who lost his House seat to Dean Phillips in the 2018 election, replaces a retiring member of the board of directors of the St. Paul-based medtech company.
The Wayzata-based ag giant aims to reduce its beef supply chain’s greenhouse gas emissions by 30 percent before 2030.
The fast-growing Minneapolis-based startup, which has raised $440 million in four years, will expand into 13 new markets across seven states and expand product offerings in existing markets.
The ordinance was first proposed in June, following the Minnesota Legislature’s passage of a law that made wage theft a crime.
Oppidan Investment Co. has partnered with Minneapolis-based virtual reality company Visual to bring VR experiences to residents of three of its elder care facilities.
Two years after merging with a German competitor to form the world’s largest healthcare sterilization product supply company, Key Surgical has acquired German wholesaler Insitumed GmbH.
The organization, which focuses on community economic development, was one of 44 selected grant recipients.
The companies are among 22 semifinalists selected in the second year of the Metropolitan Economic Development Association’s minority entrepreneurism competition—the largest of its kind in the country.
If accurate, the uptick would mark the first time since February 2018 that the state has gained jobs for four consecutive months.
The deal—announced in March and now finalized—will enable Edina-based Geronimo to grow its community-driven solar and wind energy projects portfolio.
Brooks Bollinger spent six years in the NFL—two with the Vikings—before moving to coaching and later to the financial industry. He most recently worked at NorthRock Partners.
The chosen firms will participate in the second food and agriculture-focused accelerator program run by Techstars, Cargill, and Ecolab.
Yang, who has 20 years of experience in human rights and equality-focused work, will help the university develop and implement a strategy for a more inclusive culture.
The facility marks the company’s fifth location nationwide.
The event is aimed at connecting black business leaders with each other and the community at large.
Brit’s Pub, the Black Hart of Saint Paul, and La Doña Cervecería, were among local bars that drew massive crowds for the FIFA U.S. World Cup games.
The transaction is aimed at building Agiliti’s presence in the clinical engineering space.
The collaboration was cancelled after the closure of the company’s LA office.
The sale of Savage Arms will allow Vista to pay off debt and focus on ammunition and hunting accessories.
The company will rebrand the 727,170-square-foot building as Two22.
With the transaction, medical imaging manufacturer Digirad Corp. will convert ATRM stock shares into Digirad shares.
The retailer’s new brand, More Than Magic, features more than 500 items including sleepwear, sports attire, casual clothing, backpacks and other school supplies, jewelry, and more for 8- to 12-year-old girls.
This year’s list of winners includes business leaders from six Minnesota companies.
Thanks to the gift from philanthropists Penny and Bill George, Mayo Clinic will establish a conceptual health center that takes a more holistic, individualized approach to women’s healthcare. Dr. Stephanie Faubion will head the center.
The new healthcare record-keeping company will be named Datica, and Sansoro’s CEO will lead it out of Minneapolis.
In its fifth and largest funding round yet, the company has raised $13.8 million from 48 investors.
The breach may have exposed personal and health information of staff and residents at some elderly care facilities, though an investigation could not determine specifics.
This year’s candidate pool was the most diverse yet; 43 percent of applicants were female and 36 percent were people of color. The semi-finals phase wraps in August, and winners will be declared in October.
The platform, which allows consumers to divide retail purchases into interest-free installments, is now available outside the U.S. for the first time.
To help consumers reduce their carbon emissions by 20 percent by 2030, Best Buy plans to provide more smart thermostats, LED lighting, and other Energy Star goods and services.
The Metropolitan Economic Development Association, which has supported minority entrepreneurship in the Twin Cities for decades, also was recognized for a record amount of capital procurement.
The retailer’s latest offerings include high-tech rowing machines, bikes, recovery systems, and more.
Following his retirement from the NBA, the future hall-of-famer will help the financial management firm better serve athletes and creatives.
The largest individual donation in HealthPartners history, the gift will go toward enhancing care for individuals with eating disorders.
On the heels of its minimum wage hike, the Minneapolis retail giant has announced new offerings of expanded backup care for elderly and children, paid family leave, and increased adoption and surrogacy reimbursement.
Entrust has closed on its acquisition of nCipher Security, the general purpose hardware security business of industry giant Thales.
Epstein brings more than 30 years of leadership experience in the medtech industry.
The acquisition builds Minneapolis-based Bio-Techne’s cell and gene therapy product portfolio, and marks its 15th acquisition in five years.
Whether it’s uncertain revenue streams or fast-changing workforce dynamics, CFOs face a host of challenges today. At TCB’s CFO talk, four financial leaders share how they’re addressing these and many other issues.
The city’s minimum wage will grow to $11 and $12.25 for small and large businesses, respectively. The change marks the third increase in a year and a half.
Minneapolis LGBTQ activism nonprofit Mossier is hosting the first ever annual Proud to Work MN conference on Friday. The event will teach Fortune 500 HR reps how to create more open workplaces, and why companies should care.
The largest market growth was seen in Europe.
The Minneapolis-based investment company is selling part of its Advisory Research Inc. (ARI) division to Tortoise Capital and the rest to ARI executive Matthew Swaim. It will use the funds to focus on its banking platforms.
California venture capital firm True Ventures led the round. The capital will go toward building out various aspects of Minneapolis-based Upsie’s operations.
Harteau, who resigned from the force after a fatal police shooting in 2017, will guide Vitals Aware’s national rollout of its first responder-focused app. Additionally, she and TriTech Software Systems’ founder Chris Maloney will join the company’s board of directors.
Lorrie Janatopoulos will head CareerForce, a team that helps job seekers find employment.
Medtronic rebuffs a claim that the FDA allowed the company to hide reports of issues with its Sprint Fidelis defibrillator—recalled in 2007.
Mike Lindell, CEO of the Chaska-based bedding product manufacturing company, says the layoffs are needed to restructure facility operations for his new venture.
Sports Minneapolis, the organization designated by city tourism entity Meet Minneapolis to focus on bringing national sports events to the Twin Cities was named Sports Commission of the Year on Wednesday.
AtYourGate and Grab make dining on the fly more convenient.
Fast-growing DailyPay cited the local culture of innovation as a key reason for choosing Minneapolis for its second office.
Although the team is off to a strong start this season, home game attendance is at a record low, likely due to lousy weather and a losing past. Twins president Dave St. Peter hopes ticket discounts will bring fans back to the ballpark.
“With a refreshed logo and revitalized website, Bremer Bank is signaling a step to the forefront of this emerging generation of banking,” says company president Jeanne Crain.
StatusNow offers a way to share whereabouts with loved ones and put down the phone.
Invicta Watch Group’s investment helps save Evine from the threat of stock exchange de-listing. Simultaneously, Invicta CEO Eyal Lalo will join the board and former Evine COO and CFO Tim Peterman will return as CEO.
The estimated $4.3 billion deal, considered 3M’s largest ever, will improve 3M’s presence in the medical device space—the only area that saw sales growth in Q1.
Kopp will step down as chairman and shutter Kopp Investment Advisors as he shifts his focus to philanthropy work through the Kopp Family Foundation.
Minneapolis College of Art and Design’s Board of Trustees lauded Sethi for his global perspective and commitment to diversity.
The strategy freshens the company’s image, brings Integrity Windows and Doors under the Marvin brand, and prepares the family business for future growth.
Just one year after completing a $36 million office building in North Minneapolis, the largest minority-owned construction company ran into irrevocable financial woes.
The job vacancy rate also increased, to 4.9 openings for every 100 jobs. Health care and social assistance had the most vacancies of any industry.
The SBA names Maud Borup owner Christine Lantinen Minnesota Small Business Person of the Year. Lantinen and other Minnesota award winners will be honored in early May.
Succeeding Brian Murray, who was promoted to CEO of the construction firm last year, Kro will oversee the financial health, risk management and other related elements of the approximately $2 billion company.
The deal, which is with the Texas-located Roaring Fork LLC project, is the second in the Golden Valley food giant’s history and its largest yet, and pushes the company toward its 2025 greenhouse gas emissions goal.
Minneapolis-based social impact accelerator Finnovation Lab is blown away by the strong demand for its programs. Applications are now being accepted for the lab’s second fellowship program.
For the second time, Target Field achieves the highest level of LEED (Leadership in Energy and Environmental Design) recognition.
The new product line includes wipes, soaps, detergents, and more, that are all made of ingredients strictly from plants, renewable materials, or recycled paper.
Scooter operators Jump, Lyft, Spin, and Lime are participating in a pilot program aimed at considering long-term plans for scooters in the city, with factors including safety and socioeconomic equity.
The exclusive partnership between the SportRadar, which has offices in Minneapolis, and New York-based Sport Grid will improve statistics insights for fans, as well as bookmakers’ advertising efforts.
The expansion of the company’s Armament Systems unit headquarters is expected to generate 60 new jobs, and will receive $1.3 million in financial support from DEED.
Construction led all industries, adding 2,800 positions, while manufacturing shed 1,100, the most job losses of any sector.
Breathe99 is developing a high-tech breathing mask that offers protection—and looks cool.
The handheld device from Tyto Care makes it possible to get a medical exam from home, which fits Best Buy’s growing focus on health tech.
The sale comes just five years after the Austin-based branded food company purchased CytoSport, known for its Muscle Milk protein powder products, for $450 million.
Two days after the bodies of the couple were found in their home, the Medical Examiner determined both died from multiple gunshot wounds—Irwin by suicide, Alexandra by homicide.
As the country's biggest museums abandon weekly closings, the Twin Cities stands pat.
The Eagan pharmacy benefit company has selected Kenneth H. Paulus to succeed Jim DuCharme, who retired in March.
Walmart will be the first major retailer to use the T7AMR autonomous cleaning robot made by the Golden Valley-based cleaning manufacturer.
Minneapolis bespoke suitmakers fit the World's Strongest Man and Game of Thrones star "Thor" Bjornsson.
The payment platform company has raised $5.6 toward the goal and reportedly plans to list on the Australian Securities Exchange later this year.
The Backers event this week will connect entrepreneurs with investment firms. And meet the next group of startups entering the accelerator program.
Rosenberg is leaving after 16 years in the role in part because he doesn’t want to “overstay” his welcome. Plans for the process to find his replacement will be shared next week.
As the team’s new affiliated NBA 2K League gaming team launches its season, the T-Wolves close out theirs with a final Prince-themed “City Edition” home game.
The increase to $13 an hour will happen in June, with the goal of reaching $15 an hour by the end of 2020.
Upgrades include 575 new parking hubs, 50 new stations, a fleet of 500 pedal-assist e-bikes, and a reduced-fare membership program. The upgrades hit Minneapolis in a season where the bikes won’t return at all to St. Paul.
Ascentis, which specializes in cloud-based human capital management solutions, has acquired Wisconsin time and attendance solutions company Integrated Time Systems. Terms of the deal were not disclosed.
Less than a week after Target rolled out new goals for tackling climate change, the organization Customers Who Care has amassed more than 100,000 signatures on its petition urging the retailer to address its plastic waste output.
The Minneapolis-based apparel company has launched a new line of swimsuits made 100 percent from post-consumer recycled water bottles.
The company, a subsidiary of Japanese company Daikin Industries, will lease new office space in Plymouth, adding to the 132 new jobs expected to be generated by a planned $40.3 million Faribault facility project.
The brand, which sells clothing for a wide range of body types, will hit the mall as an 1,800-square-foot pop-up shop later this spring.
Improving on greenhouse gas emission reduction goals established in 2017, Target plans to change store lightbulbs to LED and add rooftop solar panels to 500 stores by 2020, among other efforts.
General Mills and Mall of America are among the local businesses getting in on the action of the NCAA Men’s Basketball Championships that’s expected to bring 94,000 visitors to Minnesota.
The price for Maurices was not revealed, but buyer OpCapita cited the brand’s enterprise value to be $300 million.
The month’s job losses mark the first over-the-year total employment decline since 2010.
Following a reverse takeover transaction that generated $50 million, Vireo Health has become a publicly traded company, with the ticker symbol VREO.
The St. Louis Park-based nonprofit has launched a Production Services initiative to connect members in its artist network to businesses in need of low-cost, high-quality video productions.
The St. Paul-based water, hygiene and energy technologies provider is having Thomas Handley lead its upstream energy spinoff until his retirement later in 2019.
RJM will take over ownership of the Soap Factory building in Southeast Minneapolis and allow the arts organization to remain there for two years rent-free.
Covidien will pay millions to the Federal, California and Florida state governments for allegedly providing services to physicians who bought its ClosureFast catheter.
Shoppers will start seeing the label in early spring, as Target strives towards transparency in chemical usage.
New locations in Minneapolis and St. Paul are part of Chase’s plan to open 90 branches across nine new markets in 2019.
After obtaining FDA approval in November, the five-year-old company is bringing to market its Pops! One system, which boasts a virtual care approach that’s less invasive than other offerings.
Less than two years after Target purchased the Alabama-based subscription-model same-day online delivery platform Shipt for $550 million, Caruso succeeds its founder and CEO Bill Smith.
Fans could enter Target Field for as little as $3.72 per person each game for 79 home games this year under the cheapest Twins Pass plan.
Occupying a space on the first floor of the under-construction, mixed-use development known as The Nordic, the space will help local chefs test their restaurant concepts.
The state also flipped its jobs report from December 2018 from 500 jobs gained to 800 jobs lost, which increased Minnesota’s unemployment rate to 2.9 percent that month.
The study, conducted by National Nurses United and the Minnesota Nurses Association, also found that hospital prices and their net revenues have increased threefold over 20 years.
Financial terms of the deal were not disclosed, but both companies expect to benefit from combining their product portfolios and networks of suppliers and customers.
Mike Buchner, Fallon CEO since 2011, has transitioned to be the company’s board chairman.
National brands are replacing some locals at MOA retail incubator Fourpost.
With a focus on convenience and efficiency, Minnesota entrepreneurs Michele Henry and Alexandra Nanne plan to franchise their new walk-in spa, which opens this weekend at Galleria in Edina.
The app's success is predicated on its adoptability by the buildings in which the skyway system serves.
Among the recipients of the awards are Cantel Medical Group and Up North Plastics, which is planning a more than $100 million project that is expected to create 200 jobs.
The 60,000-square-foot space will open this July in The Nordic, an under-construction building in the North Loop.
The collaboration takes baseball gambling to the next level starting this season by providing real-time statistics and audio-visual feeds to global media markets and betting organizations.
The new invite-only program will partner the retailer with third-party vendors in an attempt to create “thoughtfully selected” assortments of its more popular shopping categories.
The Medical Alley Tech Association lauds the move, noting that the Angel Investment Tax Credit generated at least $108 million in investment in the state’s health tech industry over a five-year period.
Approximately 312 disabled Electrolux employees are expected to lose their jobs when the appliance manufacturer’s factory closes at the end of the year.
The phone company’s new 5G network and hot spot offering features data speeds of 200-300 megabits per second. Tech companies are especially expected to benefit, as 5G rolls out in Minneapolis, Chicago, and other select cities in 2019.
The charges were brought against Jerome Robert Hennessey after an investigation found he’d committed mail fraud and tax evasion while working at the Ashby Farmers Co-Operative Elevator Company.
An annual report by the Minneapolis Downtown Council revealed that amid a population hike, top employers in the city relatively consistent, though some glaring changes from 2017 did occur.
Dr. Noseworthy joins the board of the Minnetonka-based health service and insurance provider just two months after ending his nearly decade-long tenure as Mayo Clinic CEO.
A survey conducted by nonprofit organization The Solar Foundation found Minnesota’s solar job total has increased from 1,995 in 2015 to 4,602 in 2018, making it 15th in the nation for solar workforce size.
As he replaces Tammy Lee, who’s taking a “leave of absence,” Platt will be the company’s third CEO in two years. Platt’s prior experience includes leading Wisconsin manufacturing company Multistack LLC.
By connecting researchers to experienced entrepreneurs, the program aims to help commercialize discoveries. Eight entities are already participating in the Launchpad.
The capital will go partly toward a U.S. clinical trial for Nuvaira’s Lung Denervation System, a new market-alternative treatment of cardiovascular obstructive pulmonary disease.
The deal is aimed at helping Ecolab customers better understand its work in hygiene, food safety, and related products and practices.
In teaming up with Atlanta Braves and Detroit Pistons owners to pursue a deal with Disney, Pohlad could expand his family’s media stake beyond the radio.
The activities-driven app is designed to create the “perfect dating experience.”
The new art studio bus delivers art therapy straight to clients.
Under his six-year tenure, Pryor oversaw the completion of a massive new clinic in Minneapolis, as well as an ongoing controversy over an emergency services practice.
Financial terms of the deal were not disclosed, but all ZuluDesk staff and customers will be absorbed by Jamf.
The St. Paul-based water and energy giant is spinning off the business – which deals with oil field chemicals production and well drilling and chemistry – in response to its growth and changing management needs.
New York-based Arkadium’s InHabit technology will use data collected by Sportradar, which runs its U.S. operational HQ out of Minneapolis, to spice up online sports articles.
Rhode Island-based UNFI alleges that during the transaction process, the advisors on its $2.9 billion deal for Eden Prairie-based Supervalu last July schemed UNFI out of more than $140 million.
Last year’s MN Cup winner HabitAware emerged as the overall winner of the competition, taking home $400,000 in financing.
Participating brands set to receive assistance with pitch and product through the annual program include skincare companies from Australia, a New York-based haircare company, and more.
New Publisher Kyra Ostendorf explains why she’s optimistic about the future of children’s print books.
The event, “Minnesota Tech – State of the State,” will feature a discussion on Minnesota’s tech achievements, highlighting another Minnesota strength beyond the state’s winter culture recreational offerings.
Edina-based Neat Little Nest enjoys an uptick in interest, thanks to Marie Kondo’s new Netflix show.
The build-out and recent addition of 40 workers will allow the company to continue growing, said MDI president Peter McDermott.
Financial terms of the deal were not disclosed, but production will shift, in part to a Polaris facility in Indiana, among other resulting shakeups. The move follows Polaris’ acquisition of Boat Holdings LLC.
The shutdown has cost University researchers $10 million in unreimbursed expenses, caused facilities to be shuttered, and is getting in the way of some students’ financial aid.
Among other findings, a study by New York-based digital research firm Yext revealed that search views for certain hospitality and related businesses increased when Minneapolis hosted the Super Bowl last year.
In addition to debuting the MyCareLink Heart app this week, Medtronic also enrolled its first patient for a new study examining an alternative, safer solution to oral opioids for back pain treatment.
Two Eagan men who own and operate Shogun Burnsville allegedly used sales suppression software to cheat the State of Minnesota out of sales tax revenue over a three-year period.
Delta CEO Ed Bastian discussed the impacts of the shutdown on Delta, citing long lines in airports due to dwindled staff, and a delay in launching its new plane.
The retailer’s November and December sales grew as the average shopper spent more than a year ago during each trip. Target’s digital sales also saw a 29 percent boost.
In a $1.8 million project, the company is relocating to a 68,000 square-foot space in St. Paul’s Midway Innovation Center. The move will add 135 jobs to the city’s labor market.
A look at why a recently launched petition to “give the Northwest Angle back to Canada” to “correct a critical survey error” will never be successful, and why Angle business owners would never want it to be.
Zierdt has led Greater Mankato Growth since 2007, and headed its preceding organization, too. Credited with growing both GMG and Mankato itself, he’s stepping down to focus on health and personal interests.
With the eight new routes from MSP Airport, Sun Country will grow its Minnesota workforce by 10 percent.
The Minneapolis-based water treatment company is acquiring Florida-based Pelican Water Systems for $120 million and Illinois-based Aquion for $160 million. The moves will particularly boost Pentair’s presence in the residential water market.
Following deals for Eden Prairie-based marketing solutions provider LiftPoint Consulting, and Tampa-based transformation consultancy BlueLine, ThreeBridge acquired another consulting firm, 3sage Consulting.
Less than three months after he and fellow landlord Spiros Zorbalas agreed to an $18.5 million settlement on a class-action lawsuit, Frenz has been charged with falsifying evidence in a tenants’ remedies court case.
The Medford company has sold its 132,398-square-foot greenhouse to Equilibrium Capital Sustainable Investment, but will then lease back the space, and double its size. The transaction will not impact current employees.
No reason for the abrupt resignation has been publicized. Martin-Vachon will receive a separation payment of about $250,000, according to an SEC filing.
Which signature Minnesota catchphrase moves the most merchandise?
As it turns out, Prior Lake Bachelorette Becca Kufrin is good for business.
The show will be co-hosted by Minnesota native Becca Kufrin and Jodi Mayers of Jodi Mayers & Style Partners. Kufrin’s favorite pieces from Ridgedale retailers will be featured, and she will also participate in a meet-and-greet opportunity.
From a California-based startup that offers on-demand lawn care comes a new on-demand snow removal app. No contracts, no shoveling.
End-of-year deadlines fuel productivity. But once out of the office, 60 percent of local workers don’t check in.
O’Brien-Stanley Partners purchased $1.2 million of the Soap Factory’s debt to RJM Construction, boosting the nonprofit’s hopes of reclaiming the building through fundraising within six months.
The latest DEED report states Minnesota’s jobless rate held firm even as employers shed 800 jobs in November.
The Minnesota-based manufacturing giant will retain M*Modal’s 750 technology-focused employees. By adding the technologies of healthcare products and service provider M*Modal to its inventory, 3M expands its health information systems business.
More than 30 years after founding the company with his brother, and a decade after becoming its sole leader, Klapmeier will transition into a senior advisory role.
Terms of the deal were not disclosed, but the facility’s roughly 200 employees will maintain their positions.
In response to staff feedback, Best Buy teamed up with Care.com to offer 10 days of child care to all employees for only a $10 daily co-pay. Other new employee benefits include paid caregiver leave, mental health resources and paid leave for part-time staff.
Thousands of Mall of America shoppers are paying to park close to an entrance and in some cases booking their spot six months in advance.
For visitors of almost all ages, the Texas-based company iFly offers a realistic skydiving experience with 150 mile-per-hour wind tunnels, plus skydiving instruction, flight-themed STEM education programs, and more.
Kowalski’s added Local Crate to its Dinner Pre-Paired meal kit lineup in 11 stores, and California-based chef and home enthusiast community Food52 will see Food52-inspired Local Crate dishes hit stores in the Midwest and California.
The $1 million project, set to be completed by next spring, is transforming an existing exhibit space into a section that will feature close encounters with crocodiles, piranhas, cockroaches, snakes, and more.
RJM Construction is forcing a sheriff’s sale on the arts center’s Minneapolis headquarters after incurring extraneous expenses from a top-to-bottom renovation it was hired to complete.
When Feldman moves on the Washington D.C. gallery in March 2019 to replace retiring director Earl Powell, she’ll end a highly successful 10 years with Mia, as well as become the first woman to head the National Gallery.
The 23,000 square-foot facility will be interactive and feature exhibits of marine animals, birds and reptiles from around the world. The project is expected to create 75 jobs.
Powered by hologram software from California-based company VNTANA, the “industry-first” Ellie the Elf is a 3D-animated chatbot stationed at the mall’s Holiday Cottage on North, where it offers gift recommendations, directions, and more.
Tickets to the volleyball tournament are nearly sold out. A nearby volleyball coaches convention is also expected to draw more than 2,800 people into Minneapolis.
The medical device giant isn’t admitting wrongdoing in any of the cases but will pay $13 million in relation to its own STRATIS Registry, and the remaining amount for issues involving products and activities of two subsidiaries: Covidien and ev3.
The price and specifics of the deal were not disclosed, but by teaming up with Holchem, a supplier of hygiene and cleaning products, Ecolab is looking to better serve European markets.
TCB's 2018 Person of the Year on being clear, being authentic, and shareholder buy-in.
The Stillwater-based startup, Vascudyne Inc., will move to commercialize two cardiovascular-related products that utilize its novel technology: living replacement tissue made of skin cells.
The partnership, which involves the renaming of the program to Metro Target Retail Accelerator, aims to enhance the accelerator program’s reach.
The FDA says it’s safe to eat most romaine lettuce again—but will you? Skyway salad spots say the impact of the recall will be tough to overcome.
Award winners for the annual awards held by the Minnesota High Tech Association included long-established companies like 3M, startups like HabitAware, a nonprofit, and more.
The startup focuses on personalizing chronic disease treatment, and will use the investment money to commercialize a new blood-based test for obesity types in 2019.
Fonda’s line will include activewear, athleisure clothing, fitness equipment and more, and will be the debut brand of Minnesota-based Evine’s new product development division out of Los Angeles.
The project will improve roads, stations and service all along the I-35 corridor from Minneapolis to Burnsville.
The 12,000-square-foot “Skate the Star” rink will be built around the entrance’s star sculpture. Rink use will be free, while a skate rental fee will benefit the Boys & Girls Clubs of the Twin Cities.
Periscope ranks as the second-largest ad firm in Minnesota by both revenue and employee count.
Zest Books, headquartered in San Francisco, specializes in young adult nonfiction, and the deal – for which a value was not disclosed – bolsters Lerner’s reach in the market, starting with 10 new titles in 2019.
The six businesses are expected to collectively add 381 job opportunities and invest more than $48 million into Minnesota’s economy.
Fairview’s new Behavioral Health & Well-Being program, the first of its kind at least in the Twin Cities area, boasts more direct access for employees in need to professionals, all while cutting costs long-term.
After seven years under Connecticut-based private equity firm Brynwood Partners, the St. Paul candy business known for the Salted Nut Roll expects to benefit from Minneapolis-based Spell Capital’s familiarity with the region and company.
The move boosts Granicus technology solutions. SouthTech staff will not be impacted by the acquisition, remaining in place under Granicus, but no other details – including purchase price – were disclosed.
The financing came entirely from Bastion Capital and will go toward growing the Minneapolis-based company’s retail payments business.
The limited-run flavor was launched recently as part of a campaign to lend publicity and financial support to four justice-based organizations, including Minnesota’s Honor the Earth, which is battling the Enbridge pipeline.
Employers created 3,400 jobs in October, contributing to the 2.8 unemployment rate that was reached in September for the first time since mid-1999.
In the deal with South Korea-based food and bioengineering business CJ CheilJedang, the Bloomington-based, family-founded Schwan’s will retain 20 % ownership, full ownership of its home service division, and headquarters and leadership team.
Senneca Holdings, which specializes in commercial doors for places like airport hangars and fire stations, plans to lease a 117,000-sqare-foot plant once used by Imperial Plastics.
For the first time in eight years, Explore Minneapolis has compiled a list top tourist draws in Minnesota. The list reflects attendance levels in 2017.
One of the three Twin Cities competitors for electric vehicle consumers – alongside Bird and Nice Ride – Lime has pulled its China-made Okai line. It’s not the first safety issue that’s been raised regarding the California-based company.
Ceruti will assume the Walker post following more than 20 years in the business and 17 years as executive director and chief curator with nonprofit art institution SculptureCenter in Long Island City, New York.
The project, involving a new basketball court, new studios and an enhanced LifeCafe, is the largest portion of $30 million total spent in 2018 on improvements to several different company facilities.
The founder of Backstage Capital, one of very few venture firms focused on minority-owned startups, will discuss gaining equality in venture capitalism.
With the sale by Newell Brands, Jostens, known for its class rings, yearbooks and championship sports rings, gets its third new owner in three years.
A former city facilities supervisor, Ronnie Eugene Taggart, plead guilty in May to receiving about $58,532 in bribes and kickbacks in exchange for city contracts. The sentence also includes two years of probation.
The chapter, launching on Thursday, will be the 44th chapter of the nonprofit to open worldwide.
Current plant employees will be offered positions with Xcel following the transaction.
Replacing retiring, long-time leader Lee Schram, McCarthy joins the small business and financial institutions growth service provider from First Data, an Atlanta-based financial services business.
MatrixCare staff and locations are expected to be unaffected by the deal.
The Twin Cities-area health system is teaming up with an Atlanta pharmacy service company to better help patients manage medication regimens and financing.
Anytime Fitness, Askov Finlayson, Clockwork, Nice Ride, Target are among the companies in the Twin Cities that have enacted policies including full closures, adjusted hours, and more, to ensure employees get to the polls.
The retail giant will equip employees with devices enabling customers to check out with any employee anywhere in the store. Black Friday hours and deals were also announced.
The collaboration involves connecting Minneapolis-based Xcel Energy with consumers through Google Assistant. The Xcel features of the voice-action technology will evolve over time.
How a game about 19th-century Afghanistan raised nearly a quarter million dollars.
The family business consultant pours a career’s worth of advice into a new book.
Formerly Honeywell’s Homes and ADI Global Distribution business, Golden Valley-based Resideo will focus on security solutions and is looking to move its headquarters to Texas.
Twitter erupted with calls for boycotts against Land O’Lakes over a June donation to King’s campaign, as King is oft criticized as being a white nationalist, and otherwise divisive voice.
Reuters reports that the IT solutions and services company is considering selling given significant interest from private equity firms. Its stock has improved based on the possibility.
Mayor Jacob Frey and City Council member Steve Fletcher praised an Xcel and Public Utilities Commission decision to pull funding for the Crown Hydro project, as it’s no longer favored by the city or public.
MPR will continue to hold events at the 1,000-seat Fitzgerald Theatre despite the sale.
The tech enables farm staff to herd cattle from a greater distance, improving both animal and employee welfare.
About two years since his exit from U.S. Bank’s CEO seat, Davis will continue a career of leadership and mission-based work as he replaces long-time Make-A-Wish leader David Williams.
The state’s improving jobless rate has reached an 18-year low, and is approaching an all-time low, even as the economy shed 1,400 jobs last month.
More than 13,000 engineers are expected to attend the three-day professional event at the Minneapolis Convention Center, which kicks off Thursday.
Combining RetiSpec’s machine learning program with the U of M’s imaging system is expected to accelerate time-to-market for a groundbreaking Alzheimer’s detection tool.
The deal, struck quietly last quarter, comes on the heels of another pharmacy purchase by UnitedHealth Group, as the company looks to continue its growth in the pharmacy sector.
Marco’s earlier 2018 purchases include another Illinois IT services provider, and a Michigan copy and print business.
The story of the founding, structure, early accomplishments and direction of a venture capital startup company comprised of University of Minnesota students.
Participants in what was the Twin Cities’ biggest startup week ever weigh in on the success, opportunities, and growing pains.
The Minneapolis-based grocer adds a new marketplace and increased on-demand capabilities through the partnership, for service in all of its 27 Twin Cities-area locations.
The merger is intended to provide home buyers and sellers with an improved, efficient search and transaction experience. The companies’ organizational structure and staff will remain in place.
The capital will go toward accelerating Total Expert’s advancements in its banking- and lending-focused marketing software, and expand into new financial sectors.
The investment fund, referred to as “Fund II,” will be managed by the Minneapolis-based investment bank and asset management firm’s merchant banking unit.
The ordinance must still be approved by the City Council, but establishes a plan for phasing in wage increases from 2020 through 2027, with deadlines dependent on company sizes.
As the Minnesota retailer opens its first Vermont location, it is celebrating its 50-state milestone with an online series highlighting Target’s history and current activities across the country.
Perforce has purchased California software solutions company Perfecto Mobile, adding new capabilities for its DevOps business clients.
The move to Hopkins’ Excelsior Crossings campus is intended to encourage more creativity and collaboration, with integrated private, common and lab spaces designed partly by Studio BV.
Minneapolis-based marketing firm Carmichael Lynch didn’t have to look far for a new executive, naming its director of financial planning and analysis John Green as its new CFO.
The 50,000-plus ticket holders expected to attend the team’s last home game of the season, and last ever at TCF Bank Stadium ahead of the move to Allianz Field, will topple a record set by the Minnesota Kicks in 1976.
The Minnesota-based startup accelerator company has teamed up with Bremer Bank to create Backers, an event that will directly connect startups with seed and series A investors.
Minnesota-based dental supply company Patterson Cos and two other industry leaders, Benco and Henry Schein, have decided to settle a class-action lawsuit alleging an anti-trust law violation.
The long-rumored deal gives Minnetonka-based UnitedHealth Group a boost in the mental health care space.
Mayors Jacob Frey and Melvin Carter participated in writing a letter asking 3D printer makers, including Minnesota-based Protolabs and Stratasys, to build products that can’t be used to print homemade guns.
In the latest annual event honoring Minnesota companies for technology and science contributions, 3M, Ecolab, Sentera were among the 48 companies named finalists.
The restaurant's sale augurs long-term change near the U.
Tech Dump, an organization committed to environmental solutions and improving job opportunities for maligned individuals, is set to purchase a new building in St. Paul amid continued growth.
St. Paul-based Augeo will invest money from the sale – to Lightyear Capital LLC – into other components of the business. In turn, the divested business arm will become a separate company, Augeo FI.
High attendance at this year’s spring show inspired the continuation of the long-held Twin Cities tradition.
The two-hour documentary looks at the history of Mayo Clinic, how it handles the challenges of healthcare today, and what the industry as a whole can learn from Mayo Clinic’s operations.
Eleven Minnesota craft breweries won 12 awards at the 2018 Great American Beer Festival—by far the highest number of collective wins for Minnesota companies since 2000.
With a pitch theme of “Your Home Court Awaits,” the Minneapolis Bid Committee beat out seven other cities to host the tournament – which will return to Minneapolis for the first time in more than two decades.
How a Minnesota State Fair staple is utilizing the public to update its facilities after a kitchen breakdown.
The first-of-its-kind program—a result of a multi-entity collaboration—aims to solve issues around equal distribution of the rentable bikes throughout Minneapolis.
Minnetonka will be the 12th city in Minnesota to join the Tobacco 21 effort aimed at preventing youth nicotine addiction.
The deal involves Shop ‘n Save pharmacies and fuel centers. Divestment comes shortly after announcement that Eden Prairie-based Supervalu will be acquired by United Natural Foods Inc.
The new capital will allow Minnetonka-based Evolve to commercialize its proprietary additive manufacturing technology.
A glimpse inside Target’s National Meeting in Minneapolis, where the tennis superstar and her husband, Reddit co-founder Alexis Ohanian, spoke to 3,000.
Key takeaways and quotes from a three-part business event held Wednesday, which featured discussions on Allianz Field and Midway projects, hotel projects, and mixed-use developments.
To fulfill expected, rising demand, Target will hire 20 percent more staff for the holiday rush period than in 2017, boost hours of existing employees as desired, and offer all employees primetime wages and perks.
The family business specializing in wood-burning sauna stoves with the only EPA 2020-certified furnaces will lease half of a building owned and constructed by the City of Tower.
Citing age and a desire to have more fun and family time, Larson retires from his role leading the food and beverage component of the fair after another record-setting year.
3M and General Mills also earned spots on the global Top 100 list, as did several companies with offices in Minnesota.
The capital, contributed primarily by investors from the Midwest and East Coast, will help accelerate commercialization of Sentera’s drones, analytics platform, and other products.
Months after the Medina-based company known for its ATV and other sport vehicles acquired Boat Holdings, Polaris makes another growth move with a deal for WSI, a key parts supplier.
As it continues to expand business beyond gyms, the Chanhassen-based fitness company is debuting a flexible, no-pressure soccer program for kids at the Viking’s former practice facility in Eden Prairie.
Coming off his role as CFO of Medtronic’s global operations and business services, Bill Courtney brings 30 years of finance leadership experience to the Eden Prairie-based hearing aid company.
Daikin Applied Americas, which manufactures commercial heating, ventilation and air condition systems, is expanding its Faribault site; DEED is contributing $2.35 million to the project.
A survey conducted by Explore Minnesota revealed a positive boost in summer tourism in the state compared to the same time in 2017, as well as a positive outlook for the upcoming fall season.
Shawn Robert Dooling was found guilty of five fraud charges, after it was revealed he used his company Renewable Energy SD to steal money from customers for personal extravagances.
One family business is responsible for virtually every cold refreshment consumed at the fair.
The two-year program, approved by state officials in April, will verify expected carbon footprint cuts and cost savings of at-home charging equipment, installation and energy usage for vehicle owners.
The hearing aid maker’s new Livio AI product, the “world’s first multi-use hearing aid,” features improved sound elements and 3D motion sensors for health tracking.
Using the Nasdaq ceremony as a platform, the growing Minneapolis-based mattress company announced on Monday an effort to improve the sleep of one million youth by 2025.
The State Fair space owned by small business incubator Midtown Global Market features two businesses for six days each – giving the vendors a taste of fair business, and fair-goers a taste of the vendors.
Production at the plant, along with improvements to existing facilities, will focus on meeting rising demand for pectin, a citrus fruit-based texturizer used in jams, beverages.
The California-based customer care company’s workforce expansion will double its presence in Minnesota, with hiring taking place through the end of the year.
Capital from Urotronic's biggest funding round yet will help advance its work on a drug-coated medical balloon meant to provide a safer treatment for urethra blockages.
The capital will allow the St. Paul-based company, known for creating hornless cattle, to add staff, secure patents, and boost production and development.
The road to becoming one of four new vendors at the 2018 Great Minnesota Get-Together isn’t easy, even if you’re Norway’s “Waffle Queen.”
The Center and Connective Link will be added to the Austin campus as part of a regional goal of improved offerings and system-wide inpatient services transition.
Foodsby, a company that coordinates deliveries to employees of 100-or-more-person office buildings, is well on its way to hitting the $13.75 million goal set in its Series B round.
A total of 85 Minnesota companies landed on the 2018 edition of the Inc. 5000 list.
Minnesota added 11,200 jobs in July and reached a 3 percent unemployment rate.
Best Buy’s acquisition of GreatCall, which sells products helping connect elder consumers with health and emergency response services, supports Best Buy’s need-focused growth plan.
Once Citcon’s system is implemented in parts of the mall, shoppers from China will be able to pay with Alipay and WeChat Pay—two digital payment solutions that are popular overseas.
Sansoro will use the new capital – contributed by existing investors and lead investor of the round LRVHealth – to grow efforts to improve data integration for electronic health records.
Digital marketing agency Nina Hale launches employee benefit for fur babies.
The multi-brand distribution center will be built by Minneapolis-based Ryan Companies, employ up to 100 people, and focus on Polaris’ aftermarket, parts, garments and accessories sector.
Nothing has been confirmed yet, but a report from Axios indicates the Minnesota-based insurance giant will buy Washington-based pharmacy company Genoa Health.
The St. Paul broadcaster’s digital marketing agency has acquired TriggerEX ad delivery technology from Dahl’s company TiWi Digital, improving Hubbard’s advertising platform capabilities.
The Minneapolis-based startup will use the National Institute of Mental Health grant toward further development of its wearable device that treats impulsive behaviors.
The young New York-based mattress company shook up the industry with its online-order-shipped-to-your-door business model but it will enter a new era with brick-and-mortar growth.
A look at a Minneapolis-based production company that’s flown under the radar while creating TV specials for high-profile clients such as UnitedHealth Group, ABC, the CW, and Amazon.
A Capella spokesperson told TCB last fall that layoffs were expected as a result of the merger between Capella Education and Strayer Education. Under new name Strategic Education, the headquarters is shifting to Virginia.
As one state department will fund efforts to help people with disabilities overcome work and life challenges, two other departments will fund public water infrastructure, and food and agriculture projects.
The agreement boosts the “validity” of the company’s product, which eliminates sweat from headwear, and marks big growth as NoSweat anticipates dipping into new market ventures.
The deal boosts the capabilities of Land O’Lakes Sustain, a Land O’Lakes division that utilizes partnerships with farmers and other businesses to promote precision conservation in farming.
University of St. Thomas business school graduate students examined barriers for people with disabilities face in gaining employment.
The retailer is launching an achievement gap awareness campaign featuring Minneapolis students.
Beneficiaries of the Minnesota Department of Agriculture program include schools and the Sioux community.
The deal, announced simultaneously with better-than-expected Quarter 2 estimates, involves $100 million in cash, plus shares and land.
The Maplewood-based company opted to avoid further legal action.
The two companies aim to create holistic financial retirement plans for clients.
The agreement aims to enhance growth, efficiency and productivity of both brands. A potential side effect: the sale of Supervalu retail assets including Cub Foods.
The university will shift all operations to St. Paul in a $10 million consolidation and renovation project.
Despite a glut, local organizers say the more the merrier.
The Eden Prairie-based company specializing in brain issue detection is in the midst of a hefty fundraising campaign. The first investment was obtained early this month, with more than $9 million more to go toward its target.
The real estate company is making available 45 million shares, the funds from which it hopes will pay off debts and cover the costs of a past acquisition.
Built as an update to Le Sueur-based Cambria’s fair space, the kitchen will feature appearances from renowned chef Andrew Zimmern and HGTV host Scott McGillivray.
The participants in the business incubator, which has at least $1 million in funding support, span several industries and demonstrate the program’s focus on leadership diversity.
Records show the state has gained 2.9 million jobs.
The Austin-based Cinema opens its first Midwest location.
La Doña Cerveceria, located in the Harrison neighborhood of Minneapolis, will include a taproom, art gallery and patio soccer field for a 3 vs. 3 league.
Thanks to a collaboration with Minneapolis officials and the Northside Economic Opportunity Network, eighth grader Jaequan Faulkner’s hot dog business became a legitimate, permitted operation Monday.
Citing his readiness to move on from the high demands of the top leadership role, Kaler will have completed an eight-year presidency tenure, but will remain involved with the University.
After taking on six new clients, including Blue Cross Blue Shield Association and Comcast Spotlight, the firm has hired seven full-time staff members and three interns.
The former basketball star—and ex-husband of Kim Kardashian—is moving into a new career with Crisp and Green, the Wayzata-based healthy fast casual eatery.
Brainerd, Willmar and Warroad are among the cities set to benefit from the grants, which come from a federally-funded program to help small communities rebuild.
Two years after participating in the business growth program, Minneapolis-based quality control and monitoring software company Inspectorio attracts top companies in fundraising round.
The golf-themed activity venue is now hiring for all positions. Front-of-house candidates are invited to participate in unique task and game-based “auditions,” starting early August.
With New York-based Motivate taking the reins of the Minneapolis bike share nonprofit, the bike fleet is set to expand, boost affordability, accessibility and convenience.
Gene Munster of Loup Ventures recently reiterated his belief that Amazon will acquire Target soon, citing shared desired demographics and market presence needs.
Stockholm Pie and General Store is opening a new location across the river. Called Pie Plate Café and Coffee, the new store will hit Red Wing’s Pottery Place within two months.
Convicted fraudster Denny Hecker ultimately served seven years of a 10-year max sentence – first at corrections institutes, and most recently at a Minneapolis half-way house.
The Bloomington-based fast food chain parodied childhood songs in a recent ad campaign, but it was quickly hit with backlash for the ad’s guilt-tripping tone toward parents.
The Minnesota company raked in more than 6 times its intended goal on an Indiegogo campaign for its two latest products. This is the third consecutive fundraising campaign from the company that far surpassed its target.
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?
Rob Zeaske will leave the organization next year to move to Boston for his wife’s job. The CEO spoke to TCB about his departure and what it means for the Twin Cities non-profit.
Premium Iowa Pork has proposed turning the former chicken plant in Luverne into a pork processing plant. The permit request is being reviewed by city officials.
Craig Samitt will officially join the nonprofit health insurance provider at the end of July.
The agreement involves 19 album titles from Prince’s work between 1995 and 2010, other material released after ‘95, and a 2021 rights extension for works from 1978-96; but no new material.
The move from California to Minnesota comes as the chronic lower back pain device maker has wrapped a $58 million fundraising round.
State data shows the more than 6,000 employees laid off in the first five months of the year surpassed those affected in the same period of 2015, 2016, 2017, and all of 2014.
A status check on the region’s long-delayed projects.
Minnesota joins New York as just the second location for the Jackpocket app.
The plant-based food producer’s latest funding is gained just months after obtaining a $25 million investment in another campaign, and a separate Cargill partnership.
The deal continues a string of transactions by Bio-Techne over the last five years and marks its foray into the diagnostics area of cancer medicine.
Industry representatives comment on what happens in terms of vacation plans and employee time off requests when a travel-heavy holiday like Independence Day falls on a Wednesday.
Amid the chaos of early summer break, Bloomington-based frozen pizza brand and the Dawson’s Creek and Vice Principals actress are providing $25 for groceries on Instacart.com to 5,000 parents nationwide.
The five businesses across Minnesota will use a total of $706,000 in state funding to help grow their companies, with a collective commitment to consequently add 131 total jobs.
The move doubles down on General Mills’ strategy of offering alternatives to standard Greek yogurt, as a way to boost yogurt sales.
The Virginia-based health care communications company is on its way to a 45 percent workforce expansion in the Twin Cities.
The event, set to be held at TPC Twin Cities golf club in Blaine, will elevate the state’s golf tournament bonafides and benefit charities through the 3M Open Fund sponsorship
The more than 10,000 jobs added throughout the state in May brought the unemployment rate to a milestone mark of 3.1 percent.
The acquisition of Prime Office Innovations in Macomb, Michigan continues Marco’s mission to expand its presence throughout “the Upper Midwest and beyond.”
The route will be the first nonstop service from the Twin Cities to the region of Southeast Asia.
An independent city audit reviewed reports from the tourism agency from 2015 through 2017 and found it used pre-event estimates and duplicated data, inaccurately boosting figures by millions.
At 47, Derek Stendahl will compete on the national stage for the first time.
A look at what’s shaped and now defines an iconic Minneapolis record store, in honor of its 50th anniversary celebrations.
On the heels of a U.S. Olympic curling victory, Richfield resident Lisa DeMore Rudolph has launched the Twin Cities’ newest club.
The move is the second step toward the city’s “Pathway to $15” plan to bring the bar to $15 citywide by 2024.
The summit will be titled MANOVA, a combination of Medical Alley’s initials and “nova” from the word innovation.
This year’s statewide entrepreneurial competition is breaking records of previous editions, including with participation numbers, prize money and diversity.
General Mills and Ecolab earned spots on the 8th iteration of Forbes’ annual list.
The economic impact report issued by the Minnesota Super Bowl Host Committee reveals several positive aspects of the game festivities’ impact on Minneapolis and St. Paul.
No reason has been given for Levin’s decision to step down, but the 3D printing company has appointed an interim leader and taken steps to find a permanent replacement.
The St. Paul business center will host a nine-week program to help small business owners move ideas and actions forward.
The window and door manufacturer will expand its production facility at its headquarters to meet increased demand for its Fibrex material-based product line.
Hardware store owners don’t like a delayed spring, despite the ice-melt sales.
A survey conducted by Explore Minnesota reveals a positive outlook for the tourism industry as the key travel season begins.
A report showed sales of various types of boats and related products and services grew significantly last year, with Minnesota sales ranking near the top among the nation.
Total Tech Support offers unlimited Geek Squad assistance for an annual fee.
The Minneapolis-based health plan shopping assistant has now raised more than $47 million to date.
A year after filing for Chapter 11 bankruptcy, the company has closed a quarter of its stores and is taking a renewed focus toward online sales to grow.
The unemployment rate was stagnant, remaining at 3.2 percent for the third consecutive month.
The local team, which boasts major talent, will turn professional as it officially joins the league’s four existing teams for the upcoming season.
The under-construction future home of the Minnesota United soccer team will host two matches in next year’s tournament between national teams of the Caribbean and North and Central America.
The ambitious proposal aims to increase affordable housing options, but coming up with the dollars will be a challenge.
On the heels of Nicollet Mall’s restoration, the 45-year-old plaza outside Orchestra Hall is next in line for a much-needed renovation.
The project is set to begin this month and will feature an emergency room expansion and new operating rooms.
The Minneapolis-based design firm specializing in home furnishings takes home the honor with portfolio of chairs, media center, and more.
The Shoreview-based small business growth engine will expand its network and offerings with the Boston-based branding, marketing and logo services provider.
The firm Town Hall Ventures was co-founded by Slavitt, David Whelan and Trevor Price, and follows Slavitt’s recent launch of a separate nonprofit that promotes healthcare policies and initiatives.
The annual event led by Explore Minnesota is expected to draw more than 500,000 fishing enthusiasts.
The company still denies allegations of lending practices designed to avoid minority-heavy communities, yet must make structural changes anyway, per terms of agreement.
The new ads highlight the company’s blue-shirt employees and commitment to customer service, and the logo change is based on today’s digital-heavy market.
The deal between the two Minnesota-based drink entities will boost each of their presence in the growing mobile, pre-mixed beverage market.
The Meet Minneapolis-issued report found the numbers of visitors increased for the second straight year, as spending also hit a record high.
The Chamber has united stakeholders in an organized effort to solve the state’s growing labor market problem.
The updates to the Brainerd Lakes resort are part of Cote Family Destinations’ $30 million brand-wide expansion project.
The owners of Osaka Sushi Hibachi Steak House admitted to using sales suppression software, avoid jail time through plea deal.
The company, which grows greens indoors using a special method, plans to significantly increase production by next year.
Rockport Analytics, which provided traffic and spending amounts for Super Bowl LII in Minneapolis, assembled a financial impact report for the next major sporting event coming to U.S. Bank Stadium.
The industry-leading company from Bloomington kicked off its new partnership with a hair-themed campaign tied to the Stanley Cup Finals.
The more than $560,000 in grants will aid expansion projects for businesses in four different cities throughout the state and create 49 jobs.
The acquisitions are part of a buyout deal with Andeavor, parent company of SuperAmerica and the refinery.
The money will go toward advancing the company’s efforts to treat acute decompensated heart failure.
Survey finds most job seekers would prefer to work at small to medium-sized businesses, and certain markets have less competition for such positions.
Fifteen of the 31 finalist businesses within the seven-state regional division are based in Minnesota.
Ronnie Taggart allegedly took bribes and kickbacks in exchange for project contracts while serving as city building overseer.
In its 10th anniversary year, the company looks to accommodate growth with expanded physical space for increased production.
The RV-focused retailer plans to open SuperCenters in Minnesota and in nearby Eau Claire, Wisconsin.
CMX Cinemas will debut May 4 at the mall with a new concept of a self-serve food and beverage market and cocktail-capable bar.
Arby’s hat and the Broiler’s flames fell this winter.
The suit suggests Prince’s family feels the pharmacy company and hospital could have prevented singer’s fatal overdose
Your top networking opportunities for the month of May.
The Consumer Financial Protection Bureau takes action against Wells Fargo for illegal mortgage and auto lending practices.
Developer of PetChatz, a pet-to-human connection device, moves to address a healthcare issue with new product Ōmcare.
Ticket sales show promise for match attendance in impending new Allianz Stadium.
Top sectors for job gains include trade, transportation and utilities, as well as manufacturing.
“Instead of larger department stores, we’re looking to engage companies to entertain smaller sized stores with a more boutique feel,” said Minneapolis Downtown Council spokesman Mark Remme.
Best Buy, which has long viewed Amazon as one of its chief competitors, is teaming up with the e-commerce giant to sell its new Alexa-connected Fire TV Edition televisions.
Turnout was less than half of last year’s Saturday opening, although the next day was about par with last year’s Sunday, which was Easter.
Ninety-five employees of J.J. Taylor Distribution Co. rejected a plan that asked one person to make solo deliveries of 175-pound kegs.
The Minnesota Public Utilities Commission will allow a rollout of a program testing a new, more efficient solution for at-home charging.
Dayton dished out strong criticism to the two-term governor and returning candidate for the 2018 governor’s race.
Changes include remodels and adding convenience-based pickup options for online orders.
With new technology capable of performing their duties, transcriptionists face uncertain professional futures.
Investment aims to help meet increased demand for cooked egg products.
Resignations come after reveal of his donation to an organization behind anti-Muslim videos.
Swyft Filings’ report on year-over-year growth of 18 major industries across the U.S. revealed positive trends for the state.
In addition to hosting the 2017 and 2018 summer competitions, the city will play host through 2020.
The lawsuit was filed days after the company was hit with a $27.3 million punishment from government.
Openings, closures and relocations are all a part of the big-box electronics company’s efforts to endure and continue growth in today’s retail landscape.
The university’s Clinical and Translational Science Institute, which helps support research in various behind-the-scenes ways, awarded funds from the National Institutes of Health.
Peace Coffee CEO to purchase company from current non-profit owner, plans to maintain mission-based culture
The funds will aid in commercialization of wearable technology geared toward improving balance and preventing falls.
The study will be the first to approach the issue beyond direct economic effects.
The car sharing company, with the help of Xcel Energy, are working together on a more environment- and convenient-friendly fleet and model.
Health care and social assistance, retail trade industries hold most openings
Employee cuts come about two months after the restaurant chain’s sale to Arby’s Restaurant Group was finalized.
Tom Lindquist, formerly with Molina Healthcare and UnitedHealthcare, has stepped into the role.
The accelerator was made possible through a partnership between the University of Minnesota, Gener8tor, Boston Scientific and Mayo Clinic.
Leisure and hospitality, manufacturing, education and health services among top sectors for added jobs.
Your top networking opportunities for the month of April.
The Minneapolis-based big-box retailer holds an advantage over its peers due to its close proximity to closing Toys ‘R’ Us stores.
Local distiller Drake’s thinks the time is right for organic, non-GMO spirits.
The expansion is devoted to creating 100 new workspaces.
Four of the locations set to close are in Minnesota.
Allison O’Toole will move on to United States of Care as MNsure’s COO will replace her as acting CEO.
Less than two years after merging with St. Paul-based GovDelivery, leading government software solutions provider Granicus is expanding with a new acquisition.
The fast food chain said the relocation would improve efficiencies and allow it to upgrade technology and create a new test kitchen.
A look at what local leaders think of the groundbreaking film, and the area’s own contributions to industry evolution.
The deal marked General Mills re-entry into the pet food industry.
Through jobs, research and other avenues, the school system is a significant player in the state’s financial status.
Honeymoon experience gifts will appear alongside traditional Target gift items in registries and will be searchable in-store.
Industry veteran Margaret Murphy's new Minneapolis company has purchased gift-card fundraising giant Great Lakes Scrip Center for an undisclosed sum.
The Federal Trade Commission filed a complaint against dental supply industry leaders for conspiracy against dental product buying groups.
A report from the Minneapolis Downtown Council, which analyzed 2017 figures, found increases in population and housing development in the city compared to a year ago.
After acquiring the quick delivery startup Shipt last December for $550 million, Target is implementing the company's model in its hometown as it prepares to go national with the new service.
After closing in December, the college officially signaled its end as it aims to pay off debts through liquidation.
In total, the running back will have to repay the Edina-based bank about $639,000 to cover a $2.4 million loan he agreed to in 2016.
The former key player behind the Affordable Care Act has launched a collaborative nonprofit to continue the mission of providing health care to all American citizens.
While Best Buy may part ways with its CD business, the electronics retailer in the meantime will continue to sell vinyl records.
The leading online retailer of personalized photo-based products saw a strategic opportunity to acquire a leading school photography company.
Michael Lindell, of the well-known brand My Pillow, sued an industry peer for the second time citing name and advertising technique poaching.
The four-day event kicks off in January each year, highlighting the who’s who and latest and greatest in the tech world.