Minneapolis-based Brother Justus Whiskey Co. has just wrapped up a new $4.4 million round of financing to help build its business. The financing closed on August 11. The company started
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The Coleman Co. is shuttering its facility in Sauk Rapids at the end of the year, a move that will put approximately 175 employees out of work. The pending closure
Homebuilding has been going great guns of late. But for the month of August, Housing First Minnesota reported a 4 percent decline in single-family homebuilding permits compared to last year,
The Minneapolis Club is older than old school. Its ivy-covered building in downtown Minneapolis dates to 1908. Longtime member Joe Puishys loves it just the way it is. But the
EY is celebrating the 35th anniversary of its Entrepreneur Of The Year program, which recognizes CEOs and regional business leaders for their outstanding entrepreneurial accomplishments and major contributions to their
A generally improving economy is not immune from individual companies making mass layoffs. Chanhassen-based IWCO Direct has announced plans to close its facility in Little Falls, cutting 330 jobs. Employees
The Best Buy sales juggernaut keeps rolling. On Tuesday morning the company reported better-than-expected second quarter results: domestic comparable sales were up 20.8 percent pushing the company’s overall quarterly revenue
It’s rare to see a press conference held to announce the refinancing of commercial real estate property, which is normally just routine business. But the Dayton’s Project is no ordinary
On Thursday, the Minnesota Timberwolves and Lynx announced a partnership with “global blockchain provider” Socios.com. A blockchain is a database used to track cryptocurrency transactions. What exactly does this have
U.S. manufacturing is rebounding in the economy that took a nosedive early last year when the pandemic surfaced. Statistics from the U.S. Department of Commerce show that orders for U.S.-made
The state of Minnesota saw solid job growth during July. On Thursday morning, the Minnesota Department of Employment and Economic Development (DEED) reported that the state added 14,500 new jobs
Minneapolis-based Branch is flush with cash. The company, which offers businesses a platform to accelerate payments to employees or flexible workers, just secured $48 million in its Series B round
Minneapolis-based Ryan Companies US Inc. has secured approval from the city of Woodbury for a large new industrial project close to Interstate 94. City documents outline the project as a
Minneapolis-based U.S. Bank has signed a purchase agreement to acquire Bento Technologies, a fintech startup that provides payment and expense management services to small businesses. Bento, which is known as
Jean Taylor has been serving as chair of the board for Star Tribune Media, the largest media organization in the state. But she’s stepped down from that role for a
New York-based 601W Companies has often been seen as a savior of sorts for downtown Minneapolis since it bought the former Dayton’s/Marshall Field’s/Macy’s department store in downtown Minneapolis in 2017.
Minnesota’s Angel Tax Credit program has been very popular with investors and entrepreneurs since it launched in 2010. Early in this year’s legislative session, backers of the program put out
Brooklyn Park-based CVRx Inc. released its first financial report since going public in early July. The company reported revenue of $3.1 million for the second quarter, a 150 percent increase