In the works for several years, the addition is part of $110 million invested in Twin Cities-area sites.
Manufacturing
The all-cash purchase gives the firm an overseas presence in the oil and natural gas industry.
Norcraft cited demand for its Urban Effects product line in Canada and the U.S.
The bulk of its sales occurring in North America, the off-road vehicle maker will begin producing in Poland in early 2015.
Tech businesses large and small are vying for honors in a dozen categories at the annual fall ceremony.
The largest private company in the country reported a drop in revenue for its most recent fiscal year, the first time its full-year revenue has fallen in four years.
The Eden Prairie-based 3D printer said the products of its recently acquired company, MakerBot, helped drive its quarterly success.
The motorcycle and off-road vehicle maker increased its earnings forecast for 2014; it now expects its full-year profits to jump 20 percent over 2013.
3M said it expects the deal to increase its earnings by $0.08 per share during the year following September 1.
While Digi-Key's primary operations remain in Thief River Ralls, Fargo is playing an increasingly important role in the company's growth.
Blattner Energy, which already has some solar projects in Puerto Rico, is establishing an official presence on the island and hopes to capitalize as Puerto Ricans adopt more renewable energy options.
St. Jude Medical, which had received a warning letter about operations at a California facility, said that it has now addressed regulators' concerns.
A new report from McGladrey reflects increasing confidence among Minnesota manufacturers, although it identified challenges as well.
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.
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.
Quad/Graphics’ plant closure comes after other firms, including Creative Memories and Verso Paper, laid off area employees in recent years.
Despite a legal headquarters relocation, Medtronic is retaining its workforce in Minnesota, which remains a national leader based on med-tech jobs and concentration of medical device manufacturers.