Industry Archives

Industry

Banking + Finance

C.H. Robinson Sells Payment Services Biz for $302.5M

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.

Business + Economy

MN Grants $2M to Aid Workers Laid Off By Big Cos.

Individuals who can benefit from the grants include former workers of General Mills, Delta Air Lines, Medtronic, and Best Buy.

Hospitality + Events

St. Paul to Accept Bids for Saints Stadium After Lawsuit

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.

Banking + Finance

British Firm to Buy Majority Stake in Riverbridge Partners

Northill Capital didn’t reveal the financial terms of the deal but said its investment represents approximately 58 percent of Riverbridge’s equity.

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Banking + Finance

British Firm to Buy Majority Stake in Riverbridge Partners

Northill Capital didn’t reveal the financial terms of the deal but said its investment represents approximately 58 percent of Riverbridge’s equity.

Banking + Finance

Medtronic to Pay $66.2M for Stake in China Med Tech Co.

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.

Agriculture

3 MN Breweries Receive Awards at Nat’l Beer Festival

Summit Brewing Company, Fitger’s Brewhouse, and Minneapolis Town Hall Brewery each took home a medal from this year’s Great American Beer Festival.

Business + Economy

Chart Industries’ $23M Expansion to Add 80 MN Jobs

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.

Marketing + Communications

Mpls. Ad Agency Periscope Has Added 123 Jobs in 2012

The growing company, which now employs 410 in Minneapolis, also launched a new website.

Business + Economy

Princeton Offers $20K Prizes to Lure Downtown Businesses

Princeton hopes that an entrepreneurial contest will attract new businesses and strengthen its downtown economy.

Health Care + Med Tech

Medicare, Medicaid Enrollments Boost UHG Earnings 23%

In response to strong third-quarter earnings, UnitedHealth Group raised its 2012 earnings forecast.

Banking + Finance

Mpls.-Based IT Firm IVDesk Poised to Go Public

The company plans to complete a direct public offering, and its shares will be traded via the “over-the-counter” market.

Banking + Finance

Ecolab to Buy Chemicals Co. in Deal Valued at $2.2B

The company will pay about $1.7 billion in cash and issue roughly 8 million shares of its stock for Champion Technologies, which offers products and services to the oil and gas industry.

Workforce + Talent

2 Notable Orgs. Give Grant to MN Entrepreneurship School

With the help of a grant from the Bill & Melinda Gates Foundation and The William and Flora Hewlett Foundation, a new Minneapolis school aiming to breed entrepreneurs will open in August 2013.

Agriculture

Cargill Rebounds as Quarterly Earnings Quadruple

Profits rose dramatically as the company cut costs, but Cargill said that the impact of the U.S. drought on its business “has been mixed and will continue to be so in the months ahead.”

Business + Economy

MN Ethanol Industry Added $5B+ to Economy in ’11

Minnesota ranks fifth among all states in terms of ethanol production capacity—and every dollar invested in building ethanol plants within the state between 1990 and 2011 generated $8.13 for the state’s economy.

Technology

XRS Promotes Finance VP Weber, Names Him CFO

Weber succeeds Scott Christian, who abruptly resigned in June after about a year on the job; the leadership transition comes at a time when XRS is shifting away from onboard fleet-management systems and toward the use of mobile devices.

Business + Economy

MN Small Biz Owners: Economy Is Most Important in Election

Small businesses owners in the state who responded to a recent survey said that the economy and jobs are the most critical issues in the upcoming presidential election, while ethics, honesty, and corruption in government are also important when selecting a candidate.

Agriculture

Bar Owners’ Cash Cow, Zombie Pub Crawl, Arrives Saturday

Despite huge crowds and a few broken glasses, the annual Zombie Pub Crawl is no nightmare for bar owners.

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August/September 2026

Industry

C.H. Robinson Sells Payment Services Biz for $302.5M

MN Grants $2M to Aid Workers Laid Off By Big Cos.

St. Paul to Accept Bids for Saints Stadium After Lawsuit

British Firm to Buy Majority Stake in Riverbridge Partners

Latest Articles

British Firm to Buy Majority Stake in Riverbridge Partners

Medtronic to Pay $66.2M for Stake in China Med Tech Co.

3 MN Breweries Receive Awards at Nat’l Beer Festival

Chart Industries’ $23M Expansion to Add 80 MN Jobs

Mpls. Ad Agency Periscope Has Added 123 Jobs in 2012

Princeton Offers $20K Prizes to Lure Downtown Businesses

Medicare, Medicaid Enrollments Boost UHG Earnings 23%

Mpls.-Based IT Firm IVDesk Poised to Go Public

Ecolab to Buy Chemicals Co. in Deal Valued at $2.2B

2 Notable Orgs. Give Grant to MN Entrepreneurship School

Cargill Rebounds as Quarterly Earnings Quadruple

MN Ethanol Industry Added $5B+ to Economy in ’11

XRS Promotes Finance VP Weber, Names Him CFO

MN Small Biz Owners: Economy Is Most Important in Election

Bar Owners’ Cash Cow, Zombie Pub Crawl, Arrives Saturday

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