Valley Cartage relocated its headquarters from Hudson, Wisconsin to Lake Elmo after the state offered it a $500,000 forgivable loan and the opportunity to apply for $400,000 in tax credits.
Workforce + Talent
HighJump Software, a global provider of supply-chain software, acquired Denmark-based Evenex, marking its fourth acquisition since 2008.
Communications firm WCG is opening a Minneapolis office in the hopes of expanding its Midwest client base.
One of Mankato’s oldest businesses closed down after the recent recession hurt the local limestone market.
The musicians have been locked out since October 1 due to a contract dispute.
The company apologized for the use of an offensive document but said it was used at one distribution center and “was never part of any formal or company-wide training.”
Prime Therapeutics, which added 443 jobs locally in the past year, recently announced its next location for significant job growth: Irving, Texas. The Eagan-based company plans to add 200 new positions there.
The employer-shared responsibility provision in the health care reform law requires large employers to meet specific standards in order to avoid penalties. Now they have an extra year to comply.
Having already established itself as one of the top turnaround stocks of the year, Best Buy’s shares rose again on Monday after an analyst at Credit Suisse raised the company’s target price.
Minnesota schools are joining the movement to boost financial literacy across the state, focusing on education and outreach from grade school children to senior citizens.
Both Mayo and Rochester will become increasingly dependent upon those neighboring communities to provide good places for people to live and educate children.
Edina-based Moquist Thorvilson Kaufmann will become part of BDO USA, a significantly larger national firm with which it has maintained a relationship for several years.
Mark Stenglein told the Star Tribune that the job wasn’t a “good fit” for him.
The Minority Business Development Agency said its services helped create or save a record-breaking 16,730 jobs in 2012 for minority-owned businesses across the country.
According to the Metropolitan Council, $2.5 million in cleanup grants will help add 1,700 jobs and 168 affordable homes.
Compared with last year, seven percent more legal, public relations and engineering firms and accounting consultants are confident in a stable or improved revenue.
In addition to workspaces, the new location will feature a “tap room” with craft beer, a movie theater for presentations and pitches, a billiard room that doubles as a meeting space, and a walkout patio.
Dale Parker replaces outgoing Chief Financial Officer Gregory Smith; Image Sensing Systems said that Smith’s departure is “not related to any issue with respect to Image Sensing’s financial statements.”