After rejecting essentially the same offer four times, 55 percent of voting union members on Saturday voted to ratify the contract and end a drawn-out, contentious labor dispute.
Industry
Joh. A. Benckiser has agreed to acquire D.E. Master Blenders 1753, marking its third major acquisition in the coffee and tea industry during the past year.
Atomic Data expects 2013 revenue to reach between $16 million and $18 million in light of the acquisition, which also added five employees to its roster.
Burnsville-based Rixmann Companies has debuted a new retail store called PA Exchange, which specializes in new and second-hand goods.
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Burnsville-based Rixmann Companies has debuted a new retail store called PA Exchange, which specializes in new and second-hand goods.
Sanford Health’s CEO said the company has a policy of “only going where we are invited,” and the University of Minnesota and Fairview have opted to strengthen their existing relationship rather than pursue a new one involving an ownership transfer.
Known primarily for its recreational vehicles, Polaris has acquired a French automobile company that makes low-speed personal vehicles, as well as commercial vehicles.
Television, radio, newspaper, and online ads funded by a group called United for Jobs target the governor’s plan to increase taxes and spending.
Xcel Energy contends that even if Boulder, Colorado, establishes a city-run utility, the municipality does not have the legal right to provide electric services outside city limits.
The sale aligns with the struggling company’s efforts to evaluate “non-core” assets, cut costs, and refocus on its North American salon operations.
During R.T. Rybak's 12-year tenure, Minneapolis has paid down $241 million in debt and cut spending by 16 percent.
The U.S. Postal Service still expects to add 400 new carrier assistants in Minnesota despite Congress’ move to thwart a shortened mail week.
Saint Paul Chamber Orchestra musicians, who have been locked out since October, have agreed to vote on management’s latest offer, although management must first reach a separate agreement with a national union.
A day after Attorney General Lori Swanson pressed for information at a hearing at the state Capitol, state lawmakers reportedly introduced bills that would place a moratorium on the sale of University of Minnesota hospitals to an out-of-state company.
The high cost of feed ingredients fueled by a national drought was among the factors that caused Cargill’s third-quarter earnings to drop from $766 million to $445 million.
A deal reached between Ecolab and the U.S. Department of Justice requires Ecolab to sell Champion’s chemical-management services for deep-water oil and gas wells in the U.S. Gulf of Mexico—which comprise about 3 percent of its business.
Musicians rejected the latest contract offer but then proposed a few amendments—just hours before management was scheduled to meet and discuss the organization’s future.
Governor Mark Dayton focused on higher education and Capitol renovations in his $750 million bonding proposal, which also calls for Nicollet Mall to be reconstructed.
Just months after being taken private, Caribou Coffee is closing 80 locations in several markets; its new owner, meanwhile, will convert another 88 locations into Peet’s Coffee & Tea stores.
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