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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The Minneapolis-based cereal company has bought the rights to the "choice of a new generation" tagline, which it will use in a video advertisement for its Better Oats line of instant oatmeal.
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.
Rochester and Minneapolis followed close behind and ranked third and fourth, respectively, in a ranking recently released by the Commonwealth Fund.
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Rochester and Minneapolis followed close behind and ranked third and fourth, respectively, in a ranking recently released by the Commonwealth Fund.
The non-traditional advertising company most recently purchased The Wide Format Shop, a Minnetonka-based print shop that produces ads for the sides of trucks and ice boxes and other large vinyl graphics and banners.
The bank-holding company said the move reflects its shift away from longer-term loans and investments, including residential loans, commercial loans, and mortgage-backed securities, and toward shorter-duration variable-rate loans, such as auto loans and equipment financing.
As part of a new FBI initiative, FICO's online fraud alert forum will host discussions on bank robbery investigations.
Mocon has signed an agreement to purchase a Denmark-based company that makes equipment for packaging; the deal will boost Mocon's annual revenue to $56.7 million.
Meat exports from Minnesota companies jumped 84 percent in the fourth quarter of 2011, while exports of oil and iron ore products also grew significantly.
A couple of days after Geek Squad founder Robert Stephens left Best Buy, the consumer electronics giant announced that it has hired Starbucks Chief Information Officer Stephen Gillett to lead its digital efforts.
A Canadian agribusiness company recently revealed that it has received "expressions of interest," prompting speculation of a possible takeover; The Wall Street Journal reports that Cargill is among those interested in the deal.
The St. Louis Park-based restaurant chain, which recently acquired several Cadillac Ranch restaurants, plans to open a new Granite City location in Tennessee.
The grand opening of Fulton Beer's taproom attracted more than 1,000 craft beer fans, and the brewery said it will use the new taproom revenues to invest in continued growth.
Land O'Lakes, GE Capital Fleet Services, Bassford Remele, and Burlington Northern Santa Fe took the top corporate awards.
Robert Dufresne of Cottage Grove, who admitted to defrauding investors out of more than $5 million in a multi-state house-flipping scheme, has been sentenced to eight years in prison.
A deal with Hal Leonard will expand MakeMusic's library of songs for students to practice; the library will now include everything from Adele to Elvis.
The Twin Cities North Chamber of Commerce, which advocates for the interests of businesses in the northern metro area, described the process of selecting a site for a new Vikings stadium as "unorthodox, unfair, and convoluted."
The City of Minneapolis released data that show signs of economic recovery in the city; trends include a decline in the rate of unemployment, an increase in construction volume, and a decrease in the number of foreclosures.