Geringhoff chose a St. Cloud site over more than 40 other prospective locations across North America because of the quality of the local work force, support from regional government agencies, and proximity to raw material suppliers.
Manufacturing
Vadnais Heights-based H.B. Fuller said that the acquisition will help it to better serve the growing electronics market.
After the Department of Justice threatened to sue, 3M Company and Avery Dennison Corporation said that they will address antitrust concerns in order to receive regulatory clearance for 3M’s proposed acquisition of Avery Dennison’s office products unit.
New York Mills-based Lund Boat Company and its parent company reached a settlement with the federal government over alleged hiring discrimination; the companies admitted no wrongdoing.
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.
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.