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
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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
3M Company and General Mills both ranked among the top 10 most reputable companies in the annual Harris Interactive RQ Study, which uses survey responses from 30,000 people to measure
At a time when Minneapolis Public Schools are facing massive state budget cuts, four major local companies have made a multimillion-dollar investment in Minnesota's largest school district. Target Corporation, Cargill,
Twin Cities venues now have the Toepener installed on their restroom doors.
Aiming to avoid a sophomore slump after a stellar rookie season at Target Field, the Minnesota Twins make a shift to re-emphasize the players in this year’s edition of the
Cima NanoTech plans to be in more touchscreens, flat screens, and even windows.