The closings, which are connected to H.B. Fuller's recent acquisition of the industrial adhesives unit of Forbo Group, will not affect jobs in Minnesota.
Manufacturing
AAR Corporation plans to occupy 152,000 square feet in the former Northwest Airlines' maintenance facility in Duluth.
By consolidating some of its European offices and relocating its Texas distribution operations to the Twin Cities, the company expects to reduce annual operating expenses by up to $2.8 million beginning in 2013.
St. Jude Medical wants a recently published article retracted, calling it a "biased analysis." But Douglas Zipes, managing editor of the online journal that published the article, said that's "not going to happen."
With CD sales softening, music production house Noiseland Industries found a surprising new revenue source.
Graco plans to close its acquisition of Illinois Tool Works' finishing businesses next week, but regulators might require the company to sell some of the acquired units due to antitrust concerns.
Production has ramped up at the mill, which resumed production in August, and the owners are aggressively cultivating more business.
Regulators, which sought to block Graco's proposed acquisition over antitrust concerns, have now paved the way to discussions of a settlement.
Minnesota companies sent $702 million worth of products to South Korea last year, and the state now stands to benefit from a free trade agreement that will eliminate most tariffs on goods exported there.
Capital Safety, which employs about 400 at a plant in Red Wing, is moving its corporate headquarters from London to the Twin Cities.
Mocon has signed an agreement to purchase a Denmark-based company that makes equipment for packaging; the deal will boost Mocon's annual revenue to $56.7 million.
Meat exports from Minnesota companies jumped 84 percent in the fourth quarter of 2011, while exports of oil and iron ore products also grew significantly.
Don’t think sci-fi: ReconRobotics creates guidable, pocket-size robots for the military and law enforcement.
Shares of Maple Plain-based Proto Labs closed Friday at $29 per share-an 81 percent jump from its Thursday evening IPO price of $16 per share-and are still trading up; the news comes at a time when many Minnesota companies are reportedly doing well in the stock market.
The manufacturing giant, in partnership with a large natural gas producer, intends to develop less-expensive, higher-performance, lighter, and higher-capacity fuel tanks-which it hopes will jump-start the market for natural gas-fueled vehicles.
It may not have the status of “industry,” but it’s more than a scene. How making posters became a business in the Twin Cities.
The manufacturing giant has reportedly agreed to buy Brazil-based food company Yoki, a move that marks its return to producing packaged foods within the country.
Steve Eastman, who left Target in October, will lead Polaris' parts, garments, and accessories business.