The Brewers Association said that, in 2012, the craft beer industry had a $741.85 million “economic impact” in Minnesota. And data from a local group corroborates that craft beer is a growing economic force.
Business + Economy
Despite significant losses in local government jobs, Minnesota’s private sector employers added 2,400 jobs in November.
The company officially signed on to the deal, and its new downtown Minneapolis office towers are expected to house up to 5,000 employees.
Maple Grove has been chosen as the site for Price Mechanical’s new design center, which will also serve as the company’s U.S. headquarters and bring 40 new jobs.
3M released its 2014 earnings outlook and said it plans to spend between $5 billion and $10 billion on acquisitions over the next five years.
In addition to the newly announced offices, Minnesota also has plans for a foreign trade office in Germany and has already established an office in China.
A new lawsuit challenges the city's role in Ryan Companies’ proposed Downtown East project.
Zeus Jones first shared its plans for a San Francisco expansion with the New York Times.
Skybridge Americas, which is based in the western suburbs and was previously part of Carlson Marketing, is adding jobs after landing new clients and extending a key contract.
Phillips Edison purchased the Northstar Marketplace—which is anchored by a Coborn’s grocery store—last week, marking its fourth shopping center acquisition in Minnesota.
Ryan Companies’ design team released several renderings of the planned ballpark, which is slated to open for the 2015 season.
Town Hall Brewery, which has grown in recent years through the addition of two satellite locations, is now investing roughly $600,000 to renovate its flagship brewpub.
St. Paul-based Merrill Corporation acquired Grossman & Cotter to expand its footprint throughout northern California.
Imagine! Print Solutions acquired Classic Graphics to form what it calls one of the largest privately owned commercial printers in the country.
Wayzata Investment Partners is selling a Texas power plant to a Houston company for nearly $300 million more than it paid for the plant in 2011.
Sports stats provider SportsData launched in 2010 but already has a client list that includes major hitters like Google and Facebook.
Uponor, a Finnish plumbing and indoor climate systems manufacturer, has added 75 jobs in Apple Valley this year and expects its latest expansion to lead to additional hiring.
A new report states that there were 31 business expansions announced during the most recent quarter—bringing the tally to 112 during the first nine months of 2013.