The Maplewood-based company has agreed to purchase Avery Dennison's office and consumer products business and said the acquisition will expand its global presence in the industry.
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The company's entrance into the Middle East is its latest in a series of international expansions; within the past year, it has opened nearly 300 clubs and now boasts 1,700 clubs worldwide.
The MoneyGram Tower and the 1600 Tower in St. Louis Park, Two MarketPointe in Bloomington, and the Colonnade office tower in Golden Valley all were reportedly acquired in deals that closed last month.
To date, the company has closed on the purchase of five Cadillac Ranch restaurants in four states, paying $7.7 million; it intends to pay another $1.5 million to buy three more locations in an effort to grow into a "broader and more dynamic restaurant company."
The new Japanese restaurant, which opened its first location in Northeast Minneapolis last year, plans to open its second location at the Mall of America.
The council will reportedly spend the money on a marketing campaign intended to attract customers to struggling businesses along the Central Corridor light-rail line.
A federal program that gave up to 13 weeks of extended benefits to long-term unemployed individuals is being phased out in Minnesota and nine other states.
A new skyway was built to connect the Accenture Tower and Ameriprise Financial Center in downtown Minneapolis.
According to an Associated Press story, many former workers were unprepared for their next step after Ford ceased operations at the St. Paul plant last month.
This year's 10 tales of success feature a diverse list of small businesses, including a tortilla maker, a corporate travel company, a pawn shop chain, and a music college.
Can David Weinstein's Rye succeed where so many other Twin Cities delicatessens have failed?
Minneapolis design agency, Knock, wins an international design award for its shoebox.
In the spirit of new beginnings, we offer an array of January-specific pleasures and distractions, both indoors and out.
What better time to call on a few local experts to update your look? Here are five who can help take your personal image to a new level.
A Manifesto for Real Change
Is it acceptable to put your business at risk in the name of ethics?