A company spokesman reportedly said that Northern Oil and Gas let go of James Sankovitz because it no longer needs a chief operating officer.
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CEO Dan Starks told investors that he is not aware of any specific problems at St. Jude’s manufacturing plant in California, but said the company could receive a warning letter from regulators after the plant’s ongoing inspection is complete.
A Bloomberg Businessweek feature story chronicles the history of Best Buy, and it features a cover image that suggests that the electronics retailer is attempting to come back from the dead.
Friday will be Mark Phillips’ last day at DEED; Minnesota Trade Office Executive Director Katie Clark has been appointed to succeed him in the position.
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Friday will be Mark Phillips’ last day at DEED; Minnesota Trade Office Executive Director Katie Clark has been appointed to succeed him in the position.
While reporting disappointing second-quarter financial results, Supervalu said that it is in “active dialogue with several parties” regarding a potential sale.
The monthly job gains were driven largely by the education and health services sector, and the state has now recovered nearly 90,000 jobs since hitting a recessionary trough in 2009.
St. Paul-based Ecolab is selling its vehicle care division to Atlanta-based Zep, Inc., for roughly $120 million in cash.
T-Chek Systems, which initially focused on customers in the trucking industry, has since branched into the financial services sector; C.H. Robinson CEO John Wiehoff said the payment services industry “continues to consolidate and evolve” and that it was the “right time” for a sale.
Individuals who can benefit from the grants include former workers of General Mills, Delta Air Lines, Medtronic, and Best Buy.
The announcement—which St. Paul Mayor Chris Coleman said is “in the interest of transparency”—comes five days after the Taxpayers League of Minnesota filed a lawsuit to halt construction of the $54 million stadium, claiming a violation of public bidding procedure.
In response to strong third-quarter earnings, UnitedHealth Group raised its 2012 earnings forecast.
Summit Brewing Company, Fitger’s Brewhouse, and Minneapolis Town Hall Brewery each took home a medal from this year’s Great American Beer Festival.
The growing company, which now employs 410 in Minneapolis, also launched a new website.
Chart Industries, which is New Prague’s largest employer, plans to add a 111,525-square-foot manufacturing facility to accommodate 80 new employees in the Minnesota city.
Princeton hopes that an entrepreneurial contest will attract new businesses and strengthen its downtown economy.
Northill Capital didn’t reveal the financial terms of the deal but said its investment represents approximately 58 percent of Riverbridge’s equity.
The company announced its intent to purchase a 26.4 percent stake in LifeTech Scientific Corporation—a move that comes about two weeks after it agreed to buy another China-based medical device maker.
The company plans to complete a direct public offering, and its shares will be traded via the “over-the-counter” market.
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