In its 2011 earnings report, the first one made public in four years, Carlson said it experienced 13 percent year-over-year growth in system-wide revenues-but the recession appears to have taken a toll on the company.
Industry
Surly Brewing Company intends to have a firm under contract by mid-year, and it hopes to have its new $20 million brewery "in full production" as early as 2014.
The state's angel investment tax credit program spurred the creation of more than 100 jobs last year, as investors collected about $15.8 million in credits.
The deal through which the Irish health care giant will buy SuperDimension- which develops minimally invasive devices used to diagnose and possibly treat lung disease-is expected to close in the second quarter of this year.
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The deal through which the Irish health care giant will buy SuperDimension- which develops minimally invasive devices used to diagnose and possibly treat lung disease-is expected to close in the second quarter of this year.
The Plymouth-based company said it has gathered additional information on its eSVS Mesh device in order to address questions that regulators had raised.
The company will partner with Minneapolis-based developer Ryan Companies on the project.
UnitedHealth Group persuaded the government to revisit its 2009 decision to award a U.S. Department of Defense contract to TriWest; the bidding process was reopened, and the contract has now been awarded to UnitedHealth Group.
Regulators, which sought to block Graco's proposed acquisition over antitrust concerns, have now paved the way to discussions of a settlement.
The Shakopee amusement park-which is open from May through October-hires about the same number of people on a seasonal basis every year.
Non-discretionary merchandise accounted for 44 percent of sales in 2011, up from 39 percent in 2009-and driving the shift is a strategy to induce the retailer's loyal, high-income shoppers to buy more rather than attracting new customers, according to a recent Star Tribune Point of Sale blog post.
The new division, called TCF Capital Funding, will focus on lending to companies with fewer than $100 million in annual sales and between $2 million and $10 million in earnings.
The Federal Reserve said that the eight banks face fines for unsafe and unsound foreclosure practices; U.S. Bank said that the fines are not significant and it has been revising its foreclosure processes to satisfy regulators' requirements.
The deal, the financial terms of which were not disclosed, includes the rights to the Cass-Clay brand in addition to a Fargo milk processing plant.
Barbara Puro and co-conspirators-several of whom have been sentenced for their role in the crime-operated a mortgage fraud scheme that allegedly involved more than $10 million in fraudulent loans.
White Earth Nation said that a Twin Cities casino could bring the State of Minnesota between $726 million and nearly $1 billion in revenue by the end of its first five years of operation; the tribe said the money could be used to fund the state's share of a new Vikings stadium, among other things.
Rochester and Minneapolis followed close behind and ranked third and fourth, respectively, in a ranking recently released by the Commonwealth Fund.
A proposal to build a $975 million Vikings stadium received its first hearing in front of a Senate committee on Wednesday, but the committee indefinitely postponed a vote on it.
Minnesota companies sent $702 million worth of products to South Korea last year, and the state now stands to benefit from a free trade agreement that will eliminate most tariffs on goods exported there.
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