The nonprofit health insurer has been leasing 401 Carlson Parkway since 2004, and a spokesman said that buying the building will help the company meet its long-term needs and reduce operating costs.
Industry
Geringhoff chose a St. Cloud site over more than 40 other prospective locations across North America because of the quality of the local work force, support from regional government agencies, and proximity to raw material suppliers.
Republic Bank & Trust Company has acquired First Commercial Bank in Bloomington, and its chief executive said that the bank plans to grow its presence in the Twin Cities.
Vadnais Heights-based H.B. Fuller said that the acquisition will help it to better serve the growing electronics market.
Latest Articles
Vadnais Heights-based H.B. Fuller said that the acquisition will help it to better serve the growing electronics market.
U.S. Bank and the Metropolitan Economic Development Association have launched a series of quarterly events offering business consulting to minority entrepreneurs in the Twin Cities.
Hubert Joly doesn’t think that there are a lot of consumers who visit Best Buy stores only to view products and then buy them online at lower prices.
The new Cherrywood Pointe community in Roseville offers assisted living to seniors; United Properties said it hopes to add more assisted-living developments but doesn’t yet have definitive plans.
The stores, none of which are in Minnesota, are expected to close by late February; the company declined to disclose the number of affected workers.
Best Buy’s new CEO Hubert Joly has outlined some initial plans but said his blueprint for turning the business around will come in several installments; meanwhile, some analysts think he could remain in the top spot even if a private takeover were to occur.
The Minnesota Housing Partnership also found that about half of Minnesota renters paid more than they could afford for their homes in 2010.
After the Department of Justice threatened to sue, 3M Company and Avery Dennison Corporation said that they will address antitrust concerns in order to receive regulatory clearance for 3M’s proposed acquisition of Avery Dennison’s office products unit.
New York Mills-based Lund Boat Company and its parent company reached a settlement with the federal government over alleged hiring discrimination; the companies admitted no wrongdoing.
Life Time acquired New Leaf software and support materials, product inventory, trademarks, and websites from MGC Diagnostics.
Lennar is adding “home-within-a-home” floor plans to its Minnesota product lineup; the company said it is tapping into a growing trend of multiple generations living together.
Construction of 36 Park, a 192-unit luxury apartment building, is expected to be completed in March.
The fair attracted 1,788,512 people this year—up 1 percent from last year’s attendance and narrowly missing the all-time record set in 2009.
The Nicollet Mall property hopes to transform itself into a luxury hotel that will compete with the Hilton Minneapolis and the Hyatt Regency Minneapolis—and that will attract more corporate travelers during the work week.
If the deal is approved, the merged company will have 1,500 physicians and operate under a single board of directors.
MSP Communications, 953 Westgate Drive, Suite 107, St. Paul, MN, 55114 © 2026 Key Enterprises LLC All rights reserved.