Eden Prairie-based Phillips & Temro Industries is closing a plant in Canada and moving some of its operations to Minnesota-which will result in 80 new local jobs.
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The local office, which employs about 60, will move in October from its office space in the Hyatt Regency Hotel to the AT&T Tower in downtown Minneapolis.
Heat Mining Company's novel "CO2 plume geothermal" method involves extracting underground heat and using it to generate electricity.
SightLine Partners is raising money for a venture fund that will invest in later-stage medical device companies.
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SightLine Partners is raising money for a venture fund that will invest in later-stage medical device companies.
Half of Minnesota businesses expect the state economy to improve in the quarter that ends in late May-and 40 percent plan to increase headcount during that period, according to Twin Cities Business' quarterly economic indicator survey.
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The company might also consider reducing its office space in an attempt to cut costs.
Minnesota employers collectively lost 200 jobs in March, due in large part to the government sector cutting 1,800 jobs; the private sector, meanwhile, added 1,600 jobs during the month, likely fueled by strengthened consumer spending.
The closings, which are connected to H.B. Fuller's recent acquisition of the industrial adhesives unit of Forbo Group, will not affect jobs in Minnesota.
The medical device company will use the funds to launch its product in Europe and to conduct a clinical trial in the United States.
After the NFL cautioned that the time to sell the Vikings might be nearing, Governor Dayton and a bipartisan group of legislators plan meet with NFL leaders on Friday; Dayton also recently said that he wouldn't rule out a special legislative session to address the stadium issue.
AAR Corporation plans to occupy 152,000 square feet in the former Northwest Airlines' maintenance facility in Duluth.
A new report from the Metropolitan Council predicts that the Twin Cities population will increase by 31 percent during the next three decades, while the area's "gross metro product" is expected to reach $400 billion.
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