Imagine! Print Solutions acquired Classic Graphics to form what it calls one of the largest privately owned commercial printers in the country.
Business + Economy
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.
The facility's owners hope that a new Timberwolves and Lynx training facility will bring “cachet” to the long-troubled property.
In recent years, studies by Forbes, the Brookings Institution and USA Today found that Minneapolis had bounced back—or bounced ever so gently—on the galloping waves of the recession.
Minnesota’s unemployment rate dropped to 4.8 percent in October, a rate last seen in January 2008; a declining labor force participation rate, however, has contributed to the trend.
The retail giant’s third-quarter earnings were held back largely by weaker-than-expected results from its expansion into Canada.
SpartanNash—which was formed through the merger of Nash Finch and Spartan Stores—selected Michigan for its headquarters due to financial incentives, a “positive business climate,” and “a more favorable tax environment.”
Adding $18 billion in assets, Minneapolis-based U.S. Bancorp purchased Quintillion Limited for an undisclosed sum and, separately, announced a partnership with American Express.
For Minneapolis and St. Paul to remain prosperous, we should learn from other cities, like Denver.
Due to a decline in unemployment insurance, the state recently approved a reduction in related taxes.
Health Dimensions Group bought Chris Jensen Health and Rehabilitation Center in Duluth and has plans to upgrade the center and add a housing facility.
DataBank is nearing completion of one Edina data center upgrade and said it’s now planning a second Twin Cities facility.
U.S. Pipe hopes to expand its Midwest footprint with its first acquisition in Minnesota.
A former Twins executive; the president of Rochester Area Economic Development, Inc.; and the dean of the Carlson School of Management are among those appointed to the Economic Development Agency Board.
Could the Affordable Care Act lead to a decline of mergers and acquisitions in Minnesota or just a more complex vetting process?