Verso Paper, which shuttered its Sartell Paper mill following a fire that killed one worker, has reportedly paid a $39,200 fine after being cited for two violations by the Occupational Safety and Health Administration.
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Imperial Plastics reportedly plans to build a 69,120-square-foot facility in Mankato, where it intends to employ 125 people.
The state’s unemployment rate fell 0.2 percent as Minnesota employers added 10,800 jobs in November; the trade, transportation, and utilities sector—which includes the retail industry—added the most jobs during the month.
Stephen Gillett, who leaves at a time when Best Buy is trying to boost its share of the online market, will serve as executive vice president and chief operating officer at Symantec—a major Best Buy vendor.
To compile the list, 500 small metro areas across the nation were ranked based on the percentage of owner-occupied homes, the crime rate, charitable giving, and the percentage of college graduates.
Prior to the collection’s launch, Target reportedly ramped up the inventory, limited the number of designer items that shoppers could purchase, and beefed up its website to handle large demand.
Strong international sales helped fuel a 22 percent jump in second-quarter profits; the company’s Yoki Alimentos business in Brazil, which it bought earlier this year, contributed.
Heartland Advisors, Inc., which said it owns about 9 percent of Analysts International, is urging the company to pursue a merger or sale.
Diana Nelson, daughter of current Chair Marilyn Carlson Nelson, has served on the board for nearly a decade and will assume her new role in May.
The purchase represents the latest in a series of acquisitions that have expanded ABRA’s geographic footprint and boosts the total number of ABRA repair centers to 132 in 14 states.
The list was determined by Dartmouth professor and author Sydney Finkelstein, and Brian Dunn made the cut due to the company’s poor performance—not because of the much-publicized scandal involving his alleged relationship with a female subordinate.
IronGate Data Centers is already preparing a 270,000-square-foot expansion to its 85,000-square-foot east metro data center; the company aims to attract “very large users” from the East Coast.
Vélo, which will cater to residents with active lifestyles, will offer 101 luxury units and its first level will include 12,000 square feet of retail space.
At least one securities analyst believes Caribou could fetch a higher purchase price, while another said that the $16-per-share offer accounts for the chain’s growth potential as well as its recent “choppy” financial performance.
Tokyo-based Sumitomo Chemical now owns a 76 percent stake in local insect control business MGK.
The Joh. A. Benckiser Group, a German holding company that recently purchased a majority stake in California-based Peet’s Coffee & Tea, has agreed to pay $16 per share in cash to acquire Caribou Coffee.