The Orvis Company purchased Scientific Anglers and Ross Reels from 3M, and plans to maintain the companies’ independence.
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A long, cold winter, as well as rate increases in several states, helped boost Xcel's first-quarter financial results.
The cuts affect about 4 percent of employees in Medtronic’s spinal business; none of the layoffs impact the company’s Minnesota work force.
Amid an insider-trading probe, federal prosecutors reportedly subpoenaed Cardiovascular Systems; there have been no allegations of wrongdoing.
Both local newspapers rank within the top 20 nationwide for weekday digital subscriptions and have posted double-digit year-over-year increases in both weekday and Sunday digital subscriptions.
London-based building product supplier Tyman PLC has agreed to purchase Truth Hardware, saying it is a good strategic fit with its Amesbury, Massachusetts-based subsidiary Amesbury Group, which manufactures window and door hardware and weather seals.
Boise’s job cuts are the latest in a series of blows to Minnesota’s wood products industry.
The buyer, Haemonetics Corporation, will pay up to $17 million more later on in conjunction with additional FDA approvals and sales related to St. Paul-based Hemerus Medical’s SOLX system.
If convicted for fleeing a prison camp, Gerald Greenfield could have up to five more years tacked on to his existing sentence.
Imation’s first-quarter revenue was lower and its loss greater than analysts’ expectations.
The maker of Salted Nut Rolls and Nut Goodies has acquired the Bit-O-Honey brand, and it may add 30 new St. Paul jobs.
Golden Valley-based Archiver’s is the second Minnesota scrapbooking company to file for bankruptcy protection within the past few weeks.
The electronics retailer is selling its stake in a European joint venture for roughly half of what it initially invested in the business; but analysts expected the divestiture, and investors responded positively.
The new report also found that the hunting and fishing industries support about 48,000 Minnesota jobs.
Golden Valley-based Steele Fitness and athletic wear maker Under Armour will open a retail store in Edina in May that features co-branded collections and Under Armour athletic apparel.
To compile the list, national magazine Fast Company assessed the launch rate of private-sector businesses and the percentage of people starting a new business and how it’s changed over time.