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.
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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.
Faegre Baker Daniels went from unranked to number 66 on The American Lawyer’s list of the 100 largest U.S. law firms.
The company’s first-quarter earnings dropped due to high poultry costs, prompting it to change the way it determines prices for its wings.
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.
Next month, South Dakota Governor Dennis Daugaard will visit with shoppers at the Mall of America, answer questions about career possibilities in the state, and encourage Minnesotans to consider relocating to South Dakota.
"If a business has to go under, I'd prefer that it be a chain," Nancy Breymeier, co-owner of the Amore coffee shop, said.
Through a partnership with "Wired" magazine, Minneapolis-based Target Corporation has placed kiosks at its stores that offer "Wired" editors’ picks for music products, tablet and photography accessories, and personal fitness gadgets, among others.
Packaged juice manufacturer Citrus Systems is moving to a new Hopkins facility that is about double the size of its current location.
A new 70-foot bar called the Beer Dabbler Bullpen will debut May 11 at the Saint Paul Saints’ Midway Stadium; it will also feature merchandise from craft breweries.