The cornerstone of Edina’s retail scene, the Galleria, is adding a Kate Spade and a North Face store this fall preceding an upcoming expansion of the shopping center.
Economy
The U.S. Export-Import Bank is considering funding a loan that would promote the exportation of U.S.-made equipment—but could aid Minnesota companies’ competitors.
Expansions by Emerson Process Management, Magnetation, Stratasys, AGCO, and others are expected to create new Minnesota jobs.
Scicom Data Services’ buyer, Venture Solutions, said it plans to hire back a substantial amount of the workers, but some employees may still be cut.
The Hamm’s brewery complex is finally attracting tenants.
Aside from campaign volunteers, fewer than a dozen people showed up to listen to the candidates on a steamy Sunday afternoon.
Sauk Rapids-based WFSI, Inc., announced plans to use a $200,000 loan to expand its facility, add 32 new employees, and increase its welding and manufacturing capacity.
Clear Harbor Investment wrote a letter last week to Northern Oil and Gas’ board of directors recommending the company repurchase 13 percent of its outstanding shares to improve its market value.
Target’s CEO said Canadian prices are what they should be, despite the differing view of many Canadian customers.
Minneapolis-based Medafor, which develops medical devices used to control bleeding, is the second Twin Cities med-tech company purchased by C.R. Bard, Inc., in recent years.
The growing company is looking to increase its manufacturing space.
Platform to Employment is the brainchild of a Connecticut workforce development group; it is rolling out in Minneapolis to help veterans and older workers find employment.
A new map shows the amount of 2014 Local Government Aid going to cities in Minnesota per capita.
Meanwhile, the Twin Cities ranked 23rd on Forbes list of larger metro areas.
Xcel said it would explore new energy commitments to help meet the city’s goals; Minneapolis’ mayor responded positively, and it appears a November ballot measure regarding a city-run utility may be off the table.
Regulators have pledged to lower the level of renewable fuel use that will be required next year.
The southeastern Minnesota community is launching a business incubator as part of a larger initiative to bolster entrepreneurship and attract new businesses.
The company sold its air emissions control business, which helps plant operators meet requirements involving the use of fossil and renewable fuels.