Author’s archive

Menards Pays $5M for Land by Richfield Store

Menard, Inc.-which operates the Menards chain of home-improvement stores-paid $5 million for land next to its store in Richfield, according to documents filed with the Hennepin County assessor's office. A

MN Home Sales Up Despite National Plunge

Minnesota home sales showed improvement during the first two months of the year, posting a 5.7 percent increase over the same period in 2010, according to the Minnesota Association of

ReelzChannel Viewers Up Before Kennedys Series Airs

  Controversial miniseries The Kennedys doesn't air for another 12 days, but ReelzChannel has already experienced a substantial boost in viewers since buying the U.S. broadcasting rights. ReelzChannel-based in Albuquerque,

U of M Science Park Banking on Federal Funds

The University of Minnesota is one of the nation's last major research institutions to build a science park, according to Minnesota Science Park consultant Peter Bianco-but the project may soon

Boston Scientific Veteran Named BridgePoint CEO

Minneapolis-based BridgePoint Medical announced Friday that is has named Denis Harrington, a veteran in the medical device industry, its new president and CEO. BridgePoint said that its cofounder and previous

FCC Approves Qwest-CenturyLink Merger

The Federal Communications Commission (FCC) on Friday approved the merger of CenturyLink, Inc., and Qwest Communications, Inc. CenturyLink announced in April 2010 plans to acquire Qwest in a stock swap

Two MN Start-ups Get Combined $25M in Financing

Two local start-up companies, Minneapolis-based 8thBridge, Inc., and St. Paul-based Cima NanoTech, each separately announced that they recently received financing. 8thBridge-which creates social commerce channels by integrating social networking, advertising,

Mfg. Mgmt. Software Co. Intercim Bought for $36.5M

Eagan-based Intercim, LLC-which provides manufacturing operations management software to companies around the globe-was acquired by a French company that paid $36.5 million. Buyer Dassault Systmes, which has been a minority

Minneapolis Receives Top Credit Ratings

The City of Minneapolis, amid a struggling economy and diminishing state aid, has been awarded top credit ratings from three rating services. Standard and Poor's rating service awarded the city