The Davis family, owners of a diverse business portfolio, has divested its largest business unit: Davisco Foods International.
Business + Economy
The Minnesota Sports Facilities Authority's "State of the Stadium" report provides an update on progress while piggybacking on the attention Minneapolis received during the MLB All Star Game.
About a year before the former Ford site is expected to be marketed to prospective developers, St. Paul is making plans to refresh the site.
3M said it expects the deal to increase its earnings by $0.08 per share during the year following September 1.
The food giant recently opened a new research and development center in Shanghai and aims to grow its presence in the ice cream and yogurt markets throughout China.
A new report outlines a framework for an "urban village" at Snelling and University Avenues; meanwhile, the city of St. Paul is seeking proposals for the “Seven Corners Gateway.”
The acquisition of NeuroTherm will expand the Minnesota company’s chronic pain relief business.
New business filings for the first half of the year totaled 31,502, about 500 more than during the same period last year.
Twin Cities Automotive has been rebranded as Carousel Motor Group, as it looks to expand into new areas.
Enventis was bought by a fellow telecommunications firm, based in Illinois, and the deal’s direct effect on Minnesota employees hasn’t been disclosed.
The Brooklyn Park-based contractor said the deal will boost its presence in the electrical control systems market.
Minnetonka-based Wireless Ronin Technologies, Inc., said it would merge with Creative Realities and sell about 59 percent of its shares to the owner of the fellow marketing technology firm.
The Goddard School franchise has a goal of opening 30 new schools every year for the next five years, and it hopes the Twin Cities will be one of its main growth regions.
Capital Safety, which makes body harnesses, hoists, and other equipment to protect workers from falls, said it will add 100 new jobs after receiving some government support.
One goal is attracting people to Rochester who don’t have a reason to be at Mayo Clinic.
Despite recent rosy proclamations, the state’s employment picture remains murky.
Eden Prairie-based MTS Systems said its purchase of Roehrig Engineering is expected to close this summer.
Minnesota’s labor force rebounded in May, driven in part by the construction and manufacturing sectors, although the state’s annual job-growth rate continues to lag the national average.