IntriCon Corporation’s restructuring plans call for eliminating 35 global jobs and transferring work currently performed in Maine to Minnesota.
Manufacturing
Emerson Process Management has chosen the abandoned ADC Telecommunications building in Shakopee for the global headquarters of its Rosemount measurement technologies business.
After reporting an 8 percent increase in third-quarter revenue, General Mills is raising its full-year earnings expectation for a second time in three months.
The Eden Prairie-based 3D printing company is reportedly eyeing an acquisition that would expand its presence in the 3D modeling market.
Adhesives and sealants producer H.B. Fuller purchased Curitiba, Brazil-based adhesives manufacturer Plexbond Química S/A for an undisclosed sum.
The delegation is tasked with exploring new trade opportunities, gathering market insights, acquiring business contacts for potential partnerships, and working to attract investment to Minnesota.
Valspar CEO Gary Hendrickson said the acquisition of Inver Group “significantly strengthens our position in the large and attractive European coatings market.”
Select Comfort has developed a product under its Sleep Number brand that allows users to heat and cool individual sides of a bed with wireless remotes.
Medical device manufacturer Medtronic has cut about 65 percent of the 2,000 positions it intends to eliminate and beat it’s fourth-quarter earnings expectations.
Senator Amy Klobuchar discussed how to get more women into the skilled manufacturing work force at a hearing that included a Minnesota CEO who’s had difficulty hiring people.
Under the terms of the contract, military customers may purchase vehicles from Polaris’ defense division.
Polaris attributed the decreased price to better manufacturing resources and supply-chain capabilities compared with Indian’s former owner.
ATK will buy firearm designer and manufacturer Savage Sports, whose parent company, Caliber, is a portfolio business of Minneapolis-based Norwest Equity Partners.
Retail giant Target has launched a new website called “Cartwheel,” which allows bargain hunters to interact and shop via Facebook.
The Orvis Company purchased Scientific Anglers and Ross Reels from 3M, and plans to maintain the companies’ independence.
Boise’s job cuts are the latest in a series of blows to Minnesota’s wood products industry.
Packaged juice manufacturer Citrus Systems is moving to a new Hopkins facility that is about double the size of its current location.
For local restaurateurs,
eco-friendly takeout comes at a price.