Eden Prairie-based Stratasys, Inc., on Tuesday announced that it has acquired Solidscape, Inc.-a manufacturer of 3D printers-for $38 million. Under the terms of the agreement, Merrimack, New Hampshire-based Solidscape will
Post Type of: Article
Minneapolis-based retail giant Target Corporation announced Thursday that its April same-store sales posted a double-digit increase, but the increase missed both internal and analyst expectations. Same-store sales-sales at stores open
A total of 20 Minnesota companies made the 2011 Fortune 500 list of the largest companies in the United States based on revenue. Minnesota companies were led once again by
Nearly four months after being sued by Crown Bank over unpaid loans, Curtis Carlson Nelson has filed for Chapter 11 bankruptcy protection, listing the bank as his largest unsecured creditor.
Supervalu, Inc., is introducing a new nationwide store brand that will consolidate and replace existing store brands at its various chains across the country. The Eden Prairie-based grocer said that
Minneapolis-based Techne Corporation on Tuesday announced that it bought United Kingdom-based Tocris Holdings Limited and its subsidiaries for $124 million in cash. Techne and its subsidiaries-R&D Systems, Inc., and R&D
Block E owner Alatus claims that the development would generate about $125 million in annual gaming tax revenue for the state and create more than 2,400 jobs. But a state law currently prohibits casinos outside of Native American reservations, and the Minneapolis mayor says he opposes more gambling in Minnesota.
The parent company of Brooklyn Park-based pharmaceutical company Cima Labs, Inc., has entered into an agreement to be purchased by Israel-based Teva Pharmaceutical Industries, Ltd., for $6.8 billion. Cephalon, Inc.-which
Fridley-based Medtronic, Inc., is being investigated by Congress following its termination of contracts with at least two organizations that help hospitals negotiate discounts on medical products. Senate Finance Committee Chairman
Minnesota's largest accounting firm has bought a 64-person Florida-based CPA firm-thereby expanding its reach in the central part of that state. Minneapolis-based LarsonAllen, LLP, announced its purchase of NCT Group
The Minneapolis City Council on Monday approved the funding of nearly $500,000 in grants to 15 Minneapolis businesses and organizations. The grants, which were awarded through the city's Great Streets
A City of St. Paul task force on Monday released what it describes as "an aggressive sustainable redevelopment agenda" for the site currently occupied by a Ford Motor Company plant;
In Canada this week, Target is battling a Canadian retailer of the same name in an attempt to win exclusive rights to use the Target name in Canada. Minneapolis-based Target
The Brave New Workshop bought and plans to move into the Hennepin Stages Theater building in downtown Minneapolis-the latest indication that revitalization may be occurring on Hennepin Avenue. Brave New
Wayzata High School student Rohit Agrawal has won a $5,000 scholarship for a business he started that creates applications for Android smart phones. Agrawal is one of five high school
Minnesota's unemployment insurance fund hit a record deficit last month of $772 million, but that deficit will decrease in the next few days as money trickles in from employers. According
Thrivent Financial for Lutherans has sued two firms, alleging that it wanted "conservative, low-risk investments" when it bought mortgage-backed securities-but instead lost money after it purchased fraudulently marketed securities that
Minneapolis-based Xcel Energy, Inc., has officially terminated an agreement with EnXco, Inc., to develop a 150-megawatt wind farm in North Dakota, but the company reinforced its commitment to secure a