Anser Innovation’s PetChatz device, through which pet owners can communicate with their furry friends remotely and even dispense treats, is one step closer to a launch.
Manufacturing
Eleven massive propeller pumps designed by Pentair are diverting water away from levees in New Orleans. Twin Cities companies, meanwhile, are watching to see what effect the storm has and what they can do to help.
The countertop maker plans to increase production in order to keep up with a spike in demand.
Company officials and union representatives convened Monday to discuss a “return-to-work” agreement; the company said it is “not optimistic of reaching a resolution” due to the differences between its proposal and the union’s counter proposal.
Workers at Georgia-Pacific’s Duluth plant were notified Tuesday morning that the facility will shut down at the end of the month.
Consolidated Container Company plans to acquire Moorhead-based Roffe Container and build a new manufacturing facility in Lakeville, where it will add jobs.
Tokyo Electron Limited has agreed to buy Chaska-based FSI for $6.20 per share in cash—a 53 percent premium over Friday’s closing price.
Minnesota’s solicitor general said 3M waited until “shortly after incriminating testimony” to file a motion to disqualify the state’s legal representation; 3M fired back, saying the firm has a conflict of interest.
The mill’s owner, Verso Paper Corporation, already laid off most of the plant’s workers and has now decided to shutter the mill permanently.
Duluth-based Cirrus Aircraft will produce airframe components for ICON Aircraft’s light sport planes, which can take off and land on water or conventional runways.
The company also raised its revenue guidance for 2012, from about $71 million to between $75 million and $76 million.
WSI Industries said that its 47,000-square-foot expansion will accommodate new machinery and new employees.
The Eden Prairie-based test system maker, which has been under investigation for more than a year, said that the deal must still be approved by the U.S. Department of Justice.
Medina-based Polaris Industries and New Delhi-based Eicher Motors Limited will together form a company and invest about $50 million over the next three years to develop a new line of vehicles for India and other emerging markets.
A tale of two tilapia farms, right here in River City.
NewPage, which employs 285 at its Duluth paper mill, said that the proposed merger “posed significant downside risks to its stakeholders, employees, and business.”
St. Jude Medical claims that a defective device reported to the U.S. Food and Drug Administration last month did not have the same flaw as an older line of devices that was recalled last year.
The recently damaged mill’s future remains uncertain as owner Verso Paper Corporation is still assessing the costs and the processes that would be required if it were to repair the mill.