The Edina-based company said the U.S. Army has ordered 1,100 of its miniature robots worth a total of $13.9 million-making the order the largest in the company's history.
latest articles
TKDA said the acquisition will help it pursue projects in Greater Minnesota and northwestern Wisconsin.
Fargo-based State Bank & Trust plans to open its first Twin Cities branch in Golden Valley; meanwhile Minneapolis-based U.S. Bancorp announced that it will open its first banking branch within a Minnesota hospital.
The Governor's Workforce Development Council recommended that in order to fill the state's skills gap, state programs that provide career-specific training to adults must be introduced or expanded-recommendations that are similar to initiatives proposed in Governor Mark Dayton's jobs plan released last month.
The manufacturing giant has reportedly agreed to buy Brazil-based food company Yoki, a move that marks its return to producing packaged foods within the country.
According to recent regulatory filings, New York-based Birch Run Capital has purchased an 8.3 percent stake in Regis Corporation and has become the Edina company's third-largest investor.
The conventions scheduled for Minneapolis are expected to collectively bring a roughly $225 million economic boost to the city and region.
More than 2,400 products within the new Essential Everyday brand line are now available in select independently owned grocery stores under the Supervalu banner; in June, company-owned grocery stores began transitioning from various private labels to the new brand.
The Maple Grove-based company now plans to raise less than originally expected through its planned initial public offering; in July, it filed for an IPO of stock that would raise up to $100 million.
CHS and South Dakota-based Consumers Supply Distributing Company will together form a new entity that will offer livestock and pet food products.
A New York Times reporter recently visited Chisago County, where residents said they are increasingly relying on government programs-even those who describe themselves as self-sufficient members of the American middle class.
Carlson Real Estate Company is working with an investment banking firm to assist it in exploring "strategic alternatives" regarding its real estate portfolio, which includes a 36-story complex in Minneapolis containing the Radisson Plaza Hotel and Plaza Seven Office Tower.
Crown Bank was sued by the receiver in the Petters bankruptcy case, and it also faces accusations of fraud from Nevada-based Beal Bank-but the Edina-based bank has denied any wrongdoing and says the cases don't raise questions about its overall operations.
Sandra Lee Calkins defrauded Stillwater-based Central Bank and 42 investors out of approximately $9 million by misrepresenting the financial situation of her Edina-based company, Princess Soft Toys.
The acquisition of a club in Atlanta expands Chanhassen-based Life Time Fitness' tennis operations to 158 courts, 104 of which are indoors.
The retailer and designer have collaborated to bring more than 2,000 exclusive products to Target stores since 1999; the final installment of such products will debut at stores in March and be available until the end of the year.