Cleveland-Cliffs will acquire all of the issued and outstanding shares of AK Steel common stock for about $1.1 billion
Manufacturing
Food manufacturing, accounting for about 700 firms that make up about 15 percent of all manufacturing jobs in Minnesota and is driven by firms like General Mills held relatively steady through the Great Recession has seen a 4 percent increase in jobs since 2013.
Amid steady growth around the world, the construction equipment maker is expanding a plant in outstate Minnesota and opening a new 'global collaboration center' in downtown Minneapolis.
The TV and comedy icon will use Stratasys’ latest 3D printer to restore and refurbish antique vehicles.
The company will use net profits from selling its Eagan location to invest in a revamp of the business.
The company employs 145 people at the plant, which it has owned for more than a decade.
More than 70,000 people are displaced after the storm devastated the islands’ infrastructure.
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Ultra Machining Co. is working with the city of Monticello to add a new facility next to its existing operations. The project is expected to add up to 125 new jobs.
The manufacturer is selling the business as part of “ongoing portfolio management.”
This week, the company broke ground on a $35 million expansion of its Renewal by Andersen campus in Cottage Grove.
The firm has signed a seven-and-a-half-year lease for office space in the Fifth Street Towers.
The Maplewood-based manufacturer cites an “unstable environment and heightened unrest” among the reasons for the move.
The St. Paul-based company is selling the business to Georgia-based Tiarco LLC.
The Maplewood-based company expects to close on the transaction in 2019’s second half.
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The Maplewood manufacturing company announces a restructuring after a disappointing first quarter.
The company, a subsidiary of Japanese company Daikin Industries, will lease new office space in Plymouth, adding to the 132 new jobs expected to be generated by a planned $40.3 million Faribault facility project.