Summit Brewing, which last year celebrated a quarter century of beer making, is reportedly adding a new summer ale and India pale ale, and it plans to break ground on a $6 million brewery expansion in late 2013 or early 2014.
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George Buckley-who will remain chairman of Maplewood-based 3M through the end of May-will become chairman of Arle Capital Partners Limited on June 1.
Shares of Maple Plain-based Proto Labs closed Friday at $29 per share-an 81 percent jump from its Thursday evening IPO price of $16 per share-and are still trading up; the news comes at a time when many Minnesota companies are reportedly doing well in the stock market.
St. Paul-based Asset Recovery Corporation has been sold to Englewood, Colorado-based Arrow Electronics for an undisclosed sum.
In light of a big winter storm that's brewing in the Upper Midwest, customers who have flights scheduled for Tuesday or Wednesday are permitted to make a one-time change to their travel schedule without incurring a fee.
A long list of leaders from the local culinary community have been named semifinalists for the annual James Beard Awards-including seven Twin Cities chefs in the "best chef in the Midwest" category.
The manufacturing giant, in partnership with a large natural gas producer, intends to develop less-expensive, higher-performance, lighter, and higher-capacity fuel tanks-which it hopes will jump-start the market for natural gas-fueled vehicles.
A Great Clips survey asked people how they would use 15 minutes of extra time, and the responses seem to highlight sex and sleep more than serve to market a salon chain.
The grant comes at a time when an important deadline is looming; by January 1, 2013, each state must demonstrate that its own health insurance exchange will work.
Christopher Puto, who has served as dean of the University of St. Thomas' Opus College of Business since 2002, will step down on June 30.
G&K expects its CEO, who is taking a temporary medical leave, to "recover fully within four to six weeks" and "completely resume his normal duties upon his return."
The southwest Twin Cities suburb will have three companies-Imagine! Print Solutions, SanMar Corporation, and Trystar-constructing facilities in the near future, which will bring in hundreds of jobs.
Supervalu is investing in the growth of its Save-A-Lot chain as it aims to double the number of its stores; the grocery operator is adding 22 stores in February and March.
The Federal Reserve Bank of Minneapolis said that banking conditions in Minnesota have improved in the past year and will continue to gain strength in 2012, but the state's banks still have a long way to go to get back to the profitability they saw before the financial crisis.
The system under which the Hiawatha light-rail line and future rapid-transit lines will operate will be known as "Metro" when the Central Corridor line begins service in 2014. 
The Mosaic Company has reached a settlement agreement with environmental groups that filed a lawsuit over the company's plans to extend its Florida phosphate mine; Mosaic can expand its operations provided that it donates a 4,171-acre stretch of land to be used as a state park and preserves 130 acres of land that it previously planned to mine.