An estimated 175 employees will lose their jobs at the plant known for making Stearns lifejackets.
Manufacturing
Bankers are bullish on the manufacturing sector, but supply chain disruptions and labor
shortages are restraining growth.
PA S.p.A. cites Minnesota’s “highly skilled workforce”
RV manufacturer Winnebago, which is based in Iowa but maintains an executive office in Eden Prairie, looks to expand its presence in the marine industry.
Facility will be “as big as the Metrodome,” add 158 jobs.
A jump in retail sales boosted the company’s bottom line.
The Elk River-based company will use the facility for medical device contract manufacturing.
The Bloomington-based chipmaker hopes to raise $75 million in an initial public offering.
New survey finds many expect continuing Covid issues in 2021.
Illinois company acquired Lakeville-based Imperial Plastics in 2020.
As part of a “carefully planned succession process,” Holt will be replaced by Robert Bodor, who’s been serving as Protolabs’ VP and general manager of the Americas.
The company’s technology will be used to help mitigate Covid-19 exposure in airplane cabins.
Cleveland-Cliffs has significant Iron Range operations.
Anoka company will pay $81.4 million for part of bankrupt business.
Executives from Abbott, Cameron's Coffee, Protolabs, and other 2020 Minnesota Manufacturing Excellence winners discuss innovation, technology, workforce, and responses to Covid-19.
Like scores of other Minnesota manufacturers, plastic packaging maker MDI Inc. pivoted to PPE production. But with an immunocompromised workforce, the nonprofit faced a few unique challenges.
The move means layoffs for about 70 employees.
The Carver company has now sold six million shields, with another two million in inventory.
The company has seen steadily declining sales, net losses.
Vice President Mike Pence visited site last year to tout trade agreement.