The mill’s owner, Verso Paper Corporation, already laid off most of the plant’s workers and has now decided to shutter the mill permanently.
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Marcus Fischer, who previously worked for Carmichael Lynch before joining Space150, has returned to the agency as part of its management team.
Duluth-based Cirrus Aircraft will produce airframe components for ICON Aircraft’s light sport planes, which can take off and land on water or conventional runways.
The company also raised its revenue guidance for 2012, from about $71 million to between $75 million and $76 million.
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The company also raised its revenue guidance for 2012, from about $71 million to between $75 million and $76 million.
The Starkey Hearing Foundation raised $7.6 million at its 12th annual gala, which attracted celebrities Bill Clinton, Robin Williams, and Chevy Chase, among others.
Fitch Ratings and Standard & Poor’s both downgraded their credit ratings for Best Buy, saying that a buyout by founder Richard Schulze would add significant debt.
LCH Pavement Consultants, which Target hired in 2009 to oversee parking lot repairs and maintenance across the country, allegedly conspired with several other companies to inflate and fix prices, misrepresent work being done, and distribute kickbacks.
Capella University said that the proposed marriage amendment will negatively impact local companies’ ability to attract and retain employees; Mayo Clinic, meanwhile, will reportedly not take a position on the proposed amendment.
The Minnesota Department of Commerce said it will start working with local governments to create a more streamlined process for installing solar panels.
Current CEO Wayne Fortun will take over as chairman following co-founder Jeffrey Green’s retirement from the position.
The settlement includes $263,000, which Mayo has already paid to the government, and an additional $1 million payment.
Richard Schulze offered $24 to $26 a share. The company described the offer as “highly conditional,” and one analyst said that the move seems “more like a negotiating tactic than a fully-funded and committed offer.”
Carleton College was the highest-ranked Minnesota school, coming in at 31st on Forbes’ annual list of the best colleges and universities in the nation.
The cuts are part of the struggling grocer’s plans to restructure its technology department in an effort to reduce costs and increase efficiency.
WSI Industries said that its 47,000-square-foot expansion will accommodate new machinery and new employees.
3M cited “betrayal” motivated by “greed” as a reason for Covington & Burling’s move to help the Minnesota attorney general in a lawsuit against the Maplewood-based company.
The Eden Prairie-based test system maker, which has been under investigation for more than a year, said that the deal must still be approved by the U.S. Department of Justice.
The publisher of Metro said it will reallocate resources to its community, business, and bridal magazines.
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