The manufacturing giant says that French dairy company Sodima-which wants to terminate a longtime licensing agreement between the two companies-isn't permitted to do so under the current circumstances.
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Less than a month after Children's Hospitals and Clinics of Minnesota said that it intends to cut between 200 and 250 jobs, North Memorial Medical Center said that it will eliminate about 200 positions in the coming months.
The plan, approved Friday by U.S. District Court Judge Robert J. Kressel, provides for cash payments to certain creditors, as well as a distribution of equity in the reorganized company to other creditors.
Heather Kelley, who will replace Archway CFO Brian Burke, will be responsible for the leadership and coordination of Archway's analytics, business planning, accounting, budgeting, and human resources efforts.
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Heather Kelley, who will replace Archway CFO Brian Burke, will be responsible for the leadership and coordination of Archway's analytics, business planning, accounting, budgeting, and human resources efforts.
The investment, made during the first half of 2010, is part of an overall capital investment of close to $50 million that the company made to improve and expand its wireless and wireline networks across the state.
Children's will use the funds to develop a training program to improve access to pediatric palliative care for children with advanced cancer and other life-threatening conditions.
Financial terms of the sale were not disclosed.
Lenox MacLaren Surgical Corporation accuses the Fridley manufacturer of strategically pushing it out of competition while serving as its distributor.
The board of the American Public Media Group-parent company of Minnesota Public Radio-is conducting a search for Bill Kling's successor.
Kari Canfield, who will assume her new position later this month, was chosen from a pool of 49 applicants and will replace interim President Ted Davis.
According to a new study by Portfolio.com and bizjournals, the level of stress in the metro area-as determined by 10 indicators-is low in comparison to other metro areas across the country.
The winners will be announced November 3 at an event at the Minneapolis Convention Center.
The cash transaction, which is expected to close in the fourth quarter pending customary closing conditions, will expand 3M's infection prevention business.
The Hastings-based fitness chain has signed an agreement that will allow it to operate clubs in Poland.
The Federal Reserve's Beige Book report found a modest growth in the local economy, but it described the condition of the overall labor market as weak.
David O'Fallon, who has led the MacPhail Center for Music for the past eight years, will begin his new position November 1.
The program's declining attendance, which prompted the decision, is attributed to factors that include the recession, the tech bubble, increasing demands on people's time, and the proliferation of information that's available at no cost.
The city is looking for proposals that "maximize the number of jobs and/or housing units created to support the overall contribution to the city's tax base" and that "contribute to the vibrancy of the Mill District area."
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