The company reportedly told employees that the Fairmont plant will close its doors at the end of January, although it’s unclear how many workers are affected.
Industry
Banks in the Twin Cities struggled with decreasing profitability and a decline in loan growth during the third quarter; meanwhile, banks from throughout the state demonstrated a small improvement in performance.
Uponor, a Finnish plumbing and indoor climate systems manufacturer, has added 75 jobs in Apple Valley this year and expects its latest expansion to lead to additional hiring.
A new report states that there were 31 business expansions announced during the most recent quarter—bringing the tally to 112 during the first nine months of 2013.
Latest Articles
A new report states that there were 31 business expansions announced during the most recent quarter—bringing the tally to 112 during the first nine months of 2013.
3D printing giant Stratasys filed its first patent infringement lawsuit Monday against fellow Minnesotan company Afinia.
The facility's owners hope that a new Timberwolves and Lynx training facility will bring “cachet” to the long-troubled property.
In recent years, studies by Forbes, the Brookings Institution and USA Today found that Minneapolis had bounced back—or bounced ever so gently—on the galloping waves of the recession.
A federal bankruptcy judge gave trustee Doug Kelley approval to consolidate nine different cases, a move that Kelley said solidifies his ability to pursue money from large hedge funds.
Competing via relationships instead of transactions.
From Theatre in the Round to the Guthrie, there are plenty of options for treating clients to a show.
A UnitedHealth Group subsidiary and 3M pulled off respective marketing coups amid all the noise.
The retail giant’s third-quarter earnings were held back largely by weaker-than-expected results from its expansion into Canada.
SpartanNash—which was formed through the merger of Nash Finch and Spartan Stores—selected Michigan for its headquarters due to financial incentives, a “positive business climate,” and “a more favorable tax environment.”
Multiple law firms are seeking class-action status for securities fraud lawsuits against Tile Shop, a Minnesota-based company whose stock dropped sharply on allegations of overstated earnings.
For Minneapolis and St. Paul to remain prosperous, we should learn from other cities, like Denver.
Minnesota’s unemployment rate dropped to 4.8 percent in October, a rate last seen in January 2008; a declining labor force participation rate, however, has contributed to the trend.
Adding $18 billion in assets, Minneapolis-based U.S. Bancorp purchased Quintillion Limited for an undisclosed sum and, separately, announced a partnership with American Express.
Multiple studies gauge how businesses are being affected by health care reform, and how they’re bracing for ongoing changes.
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