Deerfield, Illinois-based Baxter International has agreed to buy St. Paul-based Synovis Life Technologies for $325 million-a deal that was unanimously approved by Synovis' board.
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The retailer reportedly said that 2,400 employees in technology services and 1,500 contractors will move out of downtown Minneapolis to its campus in Brooklyn Park.
The university said that a new initiative-called Minnesota Innovation Partnership-will help eliminate prolonged negotiations with businesses over rights to research that they sponsor at the university.
The company, which is bracing for a weaker economy in 2012, is reportedly offering early retirement incentives to about 15 percent of its U.S. work force.
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The company, which is bracing for a weaker economy in 2012, is reportedly offering early retirement incentives to about 15 percent of its U.S. work force.
The Occupational Safety and Health Administration said that Cargill Meat Solutions Corporation-a subsidiary of Cargill-violated the agency's process safety management and fall protection standards at the company's beef production plant in Milwaukee.
A three-judge Eighth U.S. Circuit Court of Appeals panel on Friday reportedly ruled that Petters wasn't denied access to a full defense of his case, that jury instructions were appropriate, and that his sentence was within the discretion of U.S. District Court Judge Richard Kyle.
The architecture and design concept for the hotel's 533 guest rooms, and its public areas and restaurants, will incorporate elements that reflect Minnesota's culture and history; the renovation will be completed in late spring 2012.
St. Paul-based Ecolab, which completed its purchase of Nalco Holding Company a week ago and announced on Monday that it bought Italian company Esoform, said it has acquired another company-a Brazil-based pest elimination business.
The acquisition will expand Mankato-based HickoryTech's fiber-network footprint in the Fargo area.
In an effort to do something festive for guests staying during the holiday season, the Kahler Grand Hotel in Rochester made a 16-foot-tall gingerbread house that contains more than 4,000 pounds of edible gingerbread.
The Minnetonka-based company struck a deal to be acquired by California-based SuccessFactors-a human resources software vendor that is being acquired by German company SAP.
The funding will be used to prepare small businesses to begin exporting to foreign markets or explore opportunities in new foreign markets.
A dozen digital billboards around the city will alert passers-by about snow emergencies starting this winter.
The state ranks eighth for smoking and ninth for violent crime rate, both of which have shown improvement over the past decade, but the percent of residents who are obese and have diabetes have increased.
President Barack Obama lauded the Warroad-based company's commitment to making sacrifices in order to avert layoffs during the recession.
Digital River CEO Joel Ronning said that former Governor Tim Pawlenty-who joined two other company boards in late October-brings "diverse business development and finance experience along with a strong international perspective."
Andersen Corporation's 100 Series windows were used in a replica of the home from the popular Disney/Pixar movie Up.
"Growing up in poverty during the Great Depression, Ken rose to be a genuine war hero, a business entrepreneur, and a Minnesota legend," according to TCF Financial Corporation Chairman and CEO Bill Cooper, who wrote that his recently departed friend "represents the greatest of the World War II generation."
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