Cover Story

American Crystal Sugar: Full Steam Ahead

Despite escalating costs for all concerned, American Crystal Sugar is operating without 1,300 unionized factory workers locked out six months ago. Upping the ante, the union threatens to pull support for the Farm Bill, which

Featured Stories

Can Beer Stay Cool?

Craft breweries are springing up all across the Twin Cities. Why now? And will demand keep these start-up businesses from going flat?

Pay It Forward With MicroGrants

Social enterprise pioneer Joe Selvaggio started his newest venture, MicroGrants, to give ambitious people in need a boost—without getting them into debt.

Columns

Turnaround

How a talented high school principal and a passionate CEO performed a near-miracle.

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Do Your SharePoint

Every adoption of Microsoft’s sprawling SharePoint software is unique.

Fresh Scent

Mulberrys seeks to make dry cleaning sustainable—and convenient. In three years, it has opened six locations.

Heard and Seen

Alpha Video and Audio introduces an innnovative emergency notification system for schools.

Plugged In

The best opportunities for networking this month.

Scratching a Niche

Five Twin Cities attorneys tell us about their highly specialized practices.

Slow Motion Ecstasy

Periscope’s innovative campaign for Treasure Island evokes the agency’s jackpot year.

Small and Mighty

Egan Company’s CIO Jim Nonn prides himself on how much he and his five-person department can do.

Where’s the Money?

It might be in venture capital—for companies with strong ideas, large markets, and clear exit strategies.

3M Invests in California Water Treatment Co.

HydroNovation develops water-conditioning systems that reduce the amount of potentially hazardous substances and minerals in order to create high-quality drinking water for homes and buildings.

Former UnitedHealth Exec. Named Blue Cross CEO

Kenneth Burdick will take the helm in mid-February; he most recently served as senior vice president of Coventry Health Care and CEO of its Medicaid and behavioral health businesses; but Burdick reportedly spent 14 years

More MN Businesses Look to Hire, Invest this Quarter

Twin Cities Business' Quarterly Economic Indicator survey found that, compared to the previous quarter, more Minnesota businesses expect to hire, invest in infrastructure, and raise prices during the first quarter of 2012.

Regis Ousts COO Following Board Shake-Up

A couple of months after a contentious proxy fight resulted in an activist investor winning three spots on Regis' board, the company has terminated the employment of its chief operations officer for undisclosed reasons.

Local Broker Charged in $3.3M Mortgage Scheme

Minnetonka resident Steven Carver, who was a real estate broker and operated Carver & Associates Real Estate in Maple Grove, allegedly orchestrated a kickback scheme through which lenders lost $3.3 million and that resulted in

Regis’ CEO-to-Be Leaves Co.; 110 Laid Off

Pearce, who was set to take the reins in February following the planned departure of Paul D. Finkelstein, has elected to leave the company instead; separately, Regis laid off 110 employees at its corporate office

U.S. Bank Makes a Pair of Acquisitions

U.S. Bank acquired BankEast, a Tennessee-based bank that was shuttered last week by regulators; it also announced plans to purchase the Indianapolis-based corporate trust business of UMB Bank.

Bobby Z

Reunites Prince’s Revolution

Call the Lice Ladies

The Twin Cities’ first lice elimination superstore found a niche in need of scratching.

Crashing the Party

Given that it’s February, it’s apropos perhaps to think back to a perfect summer evening this past June, when an educational rock star and his lead accompanist drew 150 or so people to the Capri

G Is For Good Gate Grub

Delta Air Lines is spearheading a reinvention of airport concessions at MSP, and the results are already apparent.

Pot Roast

The old standard is no longer just an ironic statement in hipster restaurants.

Securing a Market

Interrad Medical's catheter securing system attracts $10 million in funding.

The Hyatt Regency, Renewed

Through a $25 million redesign, the Hyatt Regency looks to refresh its appeal to business travelers amid a lodging industry recovery.

After Soft Dec., Target Sales Surge in Jan.

After seeing soft holiday sales in December, the retail giant saw a significant jump in same-store sales last month-double the increase that analysts expected and on the high end of the company's own expectations.

Burnsville Company, 3 Locals Accused of Fraud

Burnsville-based Lazy Deuce Capital Company allegedly duped Florida firm Integrity Dominion Fund into making $3.6 million in short-term loans to Lazy Deuce, $1.5 million of which hasn't been repaid.

Device Cos. to Double FDA Fees for Faster Reviews

A new agreement reportedly calls for medical device companies to pay $595 million in fees over five years, and for the FDA to add more than 200 people to its approval processes-which industry representatives have

McKinley Buys Novon, Expands into Financial Market

Minnetonka-based IT consulting firm McKinley Consulting has acquired Elk River-based Novon Consulting, a firm that provides project management and business consulting to the financial services market.

Northwestern Mutual to Hire 300 Local Reps, Interns

Northwestern Mutual's Twin Cities offices expect to hire 94 financial representatives and 206 interns in 2012; Northwestern Mutual says that 45 percent of its senior field managers began their careers with the company as interns.

Target Settles Name Dispute With Canada Retailer

Fairweather, Ltd., International Clothiers, and Les Ailes will stop using the Target name and branding elements by January 31, 2013-right around the time when Minneapolis-based Target plans to begin opening stores in Canada.

Walden University Names New CEO, President

Jonathan Kaplan, who has served as president of Walden University since 2007, was named its CEO; succeeding him as president is Cynthia Baum-who was Walden's executive vice president.

Hedge Fund Sues Petters Execs, Fredrikson & Byron

Ritchie Capital Management filed a civil racketeering suit against Petters' executives and in-house counsel, as well as Fredrikson & Byron, which reportedly performed legal work for Petters' businesses.