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The trust will use union pension capital to fund a housing project in Roseville, which it says will create about 70 union construction jobs.
The deal has been approved by both companies' boards and is expected to close in about a year.
Under the terms of the settlement, Smile Center will pay Delta Dental $750,000, and it will dismiss its claims to $3.1 million that Delta had escrowed from claims that the company believed were fraudulent.
Beginning in April, the company will sell three of its handcrafted beers at retail locations throughout the Upper Midwest; the inaugural batch to be bottled will include Northern Light Lager, Duke of Wellington India Pale Ale, and Brother Benedict's Bock.
The company isn't disclosing plans for the 2.2-acre site, but Richfield's city planner said that Menards has expressed an interest in expanding the store adjacent to it.
The first two months of the year showed signs of improvement in the local housing market, but national sales dropped more than 9 percent in February.
The channel has poured vast resources into marketing controversial miniseries The Kennedys, and CEO Stan E. Hubbard has high hopes that it will catapult his network into the spotlight.
A new report indicates that one in every 11 bridges in Minnesota is in poor condition, ranking the state slightly below the national average of 11 percent.
If funds are appropriated under the America Competes Act, the Minnesota Science Park will be in the running to receive up to $50 million in loan guarantees and $750,000 for planning-which would increase the project's momentum.
Sears Imported Autos had to choose between two German luxury brands. Here’s why it picked Mercedes-Benz.
A breakdown of how each generation gives back.
Denis Harrington has joined Minneapolis-based BridgePoint Medical as president and CEO after spending 18 years at Boston Scientific and Scimed.
During the FCC approval process, the companies agreed to take measures to significantly expand access to high-speed Internet and work to increase adoption of broadband among low-income consumers.
At least 2,000 people in the Twin Cities have reportedly lost their jobs in the last 18 months following immigration audits-a statistic indicative of a national crackdown on illegal immigrants.
Local start-ups 8thBridge and Cima NanoTech separately announced recently that they have received a combined $25 million in financing.