Burrill & Company, a San Francisco-based venture capital firm, is close to securing $1 billion for the Elk Run bio-business park that is planned for Pine Island-a project that has
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Dale Kurschner has been named Twin Cities Business' new editor and will replace longtime editor Jay Novak. Novak, whose last day is September 15, is also publisher of Twin Cities
TreeHouse Foods, Inc., announced Monday that it has agreed to purchase Brooklyn Park-based S.T. Specialty Foods for $180 million in cash. TreeHouse Foods, a Westchester, Illinois-based food manufacturer, said that
Former employees of Petters Group Worldwide are being asked to return their year-end bonuses from previous years in order to help repay investors who lost money in Tom Petters' $3.65
A real estate investment trust (REIT) that last month said it might back out of an agreement to buy The Grand Hotel Minneapolis now plans to purchase the property at
Jack Link's Beef Jerky announced Wednesday that it has reached an agreement to acquire a manufacturing facility in Mankato from JBS S.A., a Brazilian multinational food company. Terms of the
Tom Petters accomplice Robert White was sentenced Wednesday to five years in prison for his role in Petters' $3.65 billion Ponzi scheme, according to court documents. In July, White-a consultant
The Minnesota Twins and the Minneapolis Downtown Council said Monday that they will auction five "Twins Around Town" statues that have appeared throughout downtown Minneapolis during the summer. Fans can
Richfield-based Best Buy Company, Inc., on Tuesday posted better-than-expected second-quarter net earnings as sales of mobile phones, appliances, and mobile computers increased. Net earnings for the quarter that ended August
Steve Meads, president of Bremer Bank's 29 Twin Cities locations, announced Friday that he plans to leave the company in mid-September to pursue his goal of helping to lead and
The sales prices and the number of sales for Twin Cities-area homes dropped in August, according to data recently released by the St. Paul Area Association of Realtors (SPAAR) and
Larry Reynolds, one of Tom Petters' co-conspirators and a businessman from Las Vegas, was sentenced Tuesday to 10 years and 10 months in prison for his involvement in Petters' $3.65
Shoppers Food & Pharmacy, a Supervalu subsidiary, announced Monday that it will pay a $2.5 million fine as part of a deferred prosecution agreement to avoid indictment and prosecution in
Duluth nurses voted last week to ratify a contract settlement reached between union officials and hospital systems-canceling a one-day strike that had been scheduled for Tuesday. A labor contract between
French dairy company Sodima, which owns the Yoplait yogurt brand, wants to terminate an agreement that it has with General Mills, Inc., in 2012, General Mills said in a Friday
North Memorial Medical Center in Robbinsdale intends to eliminate about 200 positions during the next few months, hospital spokesman Robert Prevost confirmed Monday. Prevost said that the hospital informed employees
A U.S. district court judge on Friday approved Sun Country Airlines' reorganization plan, thereby giving the company the go-ahead to emerge from bankruptcy. The plan, in addition to being approved
Louisville, Colorado-based Lenox MacLaren Surgical Corporation is accusing Medtronic, Inc., of illegally forcing it out of the market by leveraging its role as distributor of Lenox MacLaren's bone-milling product. Lenox