The growing company is looking to increase its manufacturing space.
Manufacturing
After missing third-quarter expectations, Valspar now expects to earn between $3.45 and $3.55 per share for the full fiscal year.
Uroplasty’s former chief financial officer retired after the company investigated issues regarding internal financial controls; Brett Reynolds will now take over the role.
The company sold its air emissions control business, which helps plant operators meet requirements involving the use of fossil and renewable fuels.
The Wayzata-based company saw its annual and fourth-quarter profits skyrocket, following especially dismal financial results last year.
U.S. District Judge Joan Ericksen ruled against AGA Medical Holdings in a patent lawsuit involving a medical device used to treat heart defects.
New upgrades to Donaldson’s testing laboratories are expected to boost efficiency and cut costs.
Bike parts wholesaler Quality Bicycle Products plans to expand its business, increase profits, and ship internationally bikes built at its Minnesota warehouse.
After investing in an Australian grain commodities business and beef processing company, Cargill has now purchased Joe White Maltings, an Australian malt producer.
Ecolab increased its full-year earnings outlook as it announced a 16 percent increase in quarterly profits.
The agriculture equipment manufacturer recently broke ground on a 67,000-square-foot facility in the small Minnesotan town of Norwood Young America and plans to hire 15 new employees.
The positive results were driven by increased sales across all of Arctic Cat’s product categories.
The Medina-based company reported double-digit growth in both earnings and revenue, and it’s gearing up for much-anticipated product launches.
TSI plans to add about 50 percent more jobs to its corporate headquarters over the next four to five years to occupy its 58,000-square-foot expansion.
The company behind Sleep Number beds had seen its stock climb consistently over the last few months to about $27 per share, but its shares fell Thursday after the company released its second-quarter financial results.
Minneapolis has the ninth-most patent applications for every 10,000 metro residents in the world.
Cargill’s animal nutrition business is expanding in Thailand by acquiring a facility that produces 60,000 metric tons of shrimp feed per year.
Urologix paid Medtronic $2 million of the $7.5 million it owes for the licensing of a Medtronic, delaying payment for the remainder of the sum.