latest articles

3M Buys Engineered Materials Manufacturer

Nida-Core is the latest in a long series of recent acquisitions for 3M. The company closed 11 deals in 2010, and two remaining transactions-for the purchase of Alpha Beta and Winterthur-are expected to close in the first quarter of 2011.

Michael Foods to Expand in Gaylord

The company has entered into an agreement with the city to purchase a 31,460-square-foot building and two vacant lots in an industrial complex where it currently owns three other buildings.

3M Sued by State for Pollution Clean-Up Costs

After months of failed negotiations, Minnesota Attorney General Lori Swanson filed a lawsuit last week demanding that 3M pay the state for damage caused by its disposal of a certain type of chemical.

Granite City to Get New Majority Owner

Concept Development Partners, LLC, will purchase $9 million of Granite City's newly issued convertible preferred stock and arrange for $10 million in debt financing, which will allow Granite City to buy back 3 million shares of outstanding common stock from its majority shareholder.

Petters Trustee Kelley Sues JPMorgan Chase

A new lawsuit claims that JPMorgan ignored red flags related to Tom Petters' fraud and the company raked in millions of dollars as a result of the sale of Polaroid to Petters' company.

TCB’s B.I.G. Book of Lists Hits Newsstands

Twin Cities Business' 2011 Business Information Guide contains 82 fact-filled lists-including "top 25" lists of advertising agencies, private companies, accounting firms, and businesses in many other industries.