The acquisition of the assets of ProStor Systems aligns with Imation's recent shift to focus on data storage technology.
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Dennis Pap, former owner of Parthenon Risk Partners, was sentenced to 41 months in prison for stealing about $1.8 million and depositing it into his own bank account for personal use.
Lunds said that it expects to open its new 20,000-square-foot grocery store and adjacent liquor store in downtown Minneapolis next summer.
The company will soon begin a search for a new CEO as federal investigators probe disclosure issues related to government contract forms.
Surly Brewing Company has hired Minneapolis-based real estate advisory firm Tegra Group-which was involved in several iconic local projects, including the Walker Art Center and Target Field-to help move forward with its $20 million "destination brewery."
Several weeks after an outbreak of salmonella-related illnesses, Cargill has gathered a panel of three experts to review its enhanced food safety programs.
Richard Sand, a lawyer and former White Bear Township official, was sentenced to two-and-a-half years in prison for his role in a $2 million loan fraud scheme.
Voting is now open online and at the Minnesota State Fair for the Pentair-sponsored Minnesota Idea Open, which will award $15,000 to help implement an idea for addressing the state's water issues.
The new application lets users create digital Post-it notes for themselves or others to view at a specific location or time.
Ben Fowke, who most recently served as president and chief operating officer, replaces Richard Kelly as chairman and CEO.
According to the federal government, the joint venture that oversaw construction of the Hiawatha light-rail line claimed to have hired disadvantaged businesses to help with the project even though it didn't.
The fair's 350,000 square feet of space are reportedly valued at around $200 million, for insurance purposes. The annual budget for the fair this year is reportedly $38.5 million, and gross revenue is expected to match that amount, according to a recent report.
H&R Block, which had acquired RSM McGladrey from McGladrey & Pullen, will sell the firm back for approximately $610 million, reuniting the two firms after a 12-year split.
A new city ordinance, which follows a recent change to state law, allows breweries to sell pints of beer on site; it has prompted some speculation that Surly Brewing Company might look to build its $20 million "destination brewery" within Minneapolis city limits.
The announcement comes after a turbulent year for the company, including a June announcement that Johnson & Johnson-which accounted for roughly 17 percent of SurModics' fiscal 2010 sales-would exit the drug-coated stent market by the end of this year.
Sixteen new food items and a wide range of major musical acts will be featured at this year's State Fair-and a new smartphone app makes it easier for fairgoers to find them.