Twin Cities Classifieds

  • ∇ TC Biz News ∇
  • USSOCOM Awards Polaris Contracts to Supply ATVs           business wire
  • 10-23 MINNEAPOLIS–(BUSINESS WIRE)–Polaris Industries Inc. (NYSE:PII), the leading manufacturer of off-road vehicles, announced the company was awarded a contract by the United States Special Operations Command (USSOCOM) to provide MRZR Lightweight Tactical All Terrain Vehicles. This contract award spans up to five years, and allows SOCOM to manage their ultra-light tactical mobility needs to meet mission demands and emerging threats.
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  • Tennant Company Reports 2013 Third Quarter Results           business wire
  • 10-23 MINNEAPOLIS–(BUSINESS WIRE)–Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing of solutions that help create a cleaner, safer, healthier world, today reported net earnings of $10.6 million, or $0.56 per diluted share, on net sales of $188.5 million for the third quarter ended September 30, 2013. In the prior year quarter, Tennant reported net earnings of $8.7 million, or $0.46 per diluted share, on net sales of $178.3 million. The 2012 third quarter results included two special items that reduced earnings by a total of $0.01 per diluted share.
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  • Bremer Bank Expands Its Digital Offerings           business wire
  • 10-23 JACKSONVILLE, Fla.–(BUSINESS WIRE)–In order to keep up with the ever-growing demands of technology and the increasing expectations of consumers and commercial customers using its digital channels, Bremer Bank selected FIS™ to provide Consumer eBanking, Business eBanking and Mobile solutions. FIS (NYSE: FIS), the world’s largest provider of banking and payments technology, also was tapped by Bremer Bank to provide frontline teller and teller capture solutions.
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  • SarTec makes biodiesel friendly          pioneer press
  • 10-23 Among the tractors and other farm equipment displayed on Machinery Hill at this year’s Minnesota State Fair was a one-of-a-kind agricultural implement.
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  • SEC wins fraud judgment against Minneapolis fund          pioneer press
  • 10-23 A jury in St. Paul has returned a judgment against a Minneapolis-based investment fund accused of fraud after raising more than $21 million by misleading investors.
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  • Fresh Thyme in Bloomington          mspbj
  • 10-23 Fresh Thyme Farmers Markets, a produce-focused grocery chain that was launched last year in Chicago, will enter the Minnesota market with a store near I-494 and 35W.
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  • Metrodome won’t be blown up          city pages
  • 10-23 Earlier this week, the Minnesota Sports Facilities Authority released the timeline of the Metrodome’s demise, and imploding isn’t part of the agenda.
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  • Megabus moves pick-up spot          mspbj
  • 10-23 Megabus is moving its pick-up and drop-off spot to Minneapolis’ Ramp C after complaints about bus riders from downtown business owners.
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  • Mayo Clinic receives $100M          pioneer press
  • 10-23 A Wisconsin businessman and his wife have given $100 million to the Mayo Clinic, according to a Wednesday morning announcement from the Rochester, Minn.,-based health system.
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  • Granite City stock drops on possible deregistering          mspbj
  • 10-23 Granite City Food & Brewery’s stock dropped nearly 6 percent Wednesday morning after the St. Louis Park-based restaurant chain said it is exploring deregistering its shares to reduce costs.
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  • Downtown Minneapolis McDonald’s will close          city pages
  • 10-23 If you work downtown, your Big Mac lunch this week might be your last — for a little while, at least. The only McDonald’s location in downtown Minneapolis has announced it will close its doors this Friday, though whether or not it will return is still up in the air.
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  • Crashed Ice coming back          kare11
  • 10-23 ST. PAUL, Minn. – It’s coming back! Get ready to bundle up and head to St. Paul in February for Red Bull Crashed Ice. This will be the third time the event comes to St. Paul.
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  • Amtrak stop at Union Depot          mpr
  • 10-23 ST. PAUL, Minn. — Construction crews will be testing railroad signals and light switches over the next few weeks as they wrap up preparations for bringing an Amtrak passenger train back to downtown St. Paul.
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  • City lawsuit against 1800 Lake          sw journal
  • 10-23 EAST ISLES — The Minneapolis City Council may take the owner of an Uptown luxury apartment building to court over what the city says is the illegal discharge of groundwater into the Chain of Lakes.
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  • Tennant 3Q profit jumps 21%          star tribune
  • 10-23 Tennant Co. said Wednesday its third-quarter earnings rose 21 percent, slightly exceeding analysts’ expectations, but it lowered its outlook for the rest of the year.
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  • TC 2nd in affordable housing          star tribune
  • 10-23 Minneapolis ranks second among the 25 largest U.S. metropolitan areas in terms of home affordability, according to a new report from Interest.com. The median household income in the Minneapolis/St. Paul area exceeds the income required to purchase a median-priced home in the Minneapolis/St. Paul area by 24 percent,That’s down from 32 percent last year and second only to Atlanta, Georgia.
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  • Mpls. Gets Green Light To Sue Uptown Building Owner          twin cities business
  • 10-23 The Minneapolis City Council recently gave the city the green light to sue the owner of a luxury apartment building in Uptown.
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  • Another local fintech startup          tech.mn
  • 10-23 ChargeOver emerges as the latest fintech venture from Minnesota with a recurring billing SaaS for SMB
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  • Petters wants lighter sentence          pioneer press
  • 10-23 Convicted Twin Cities Ponzi schemer Tom Petters admitted his guilt Wednesday in a federal courtroom in St. Paul, telling U.S. District Judge Richard Kyle he would have taken a 30-year plea deal with prosecutors five years ago if his defense attorney had told him about it.
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  • Nonin Medical Announces FDA Clearance          pr newswire
  • MINNEAPOLIS, Oct. 23, 2013 /PRNewswire/ — Nonin Medical, Inc., the inventor of finger pulse oximetry and a leader in noninvasive medical monitoring, today announced that the Food and Drug Administration (FDA) has cleared the Nonin Model 3230 Bluetooth® Smart finger pulse oximeter for use in the United States. The highly accurate and reliable Model 3230 is one of the first medical devices to incorporate Bluetooth® Smart (low energy) wireless technology. Bluetooth Smart helps to facilitate simple and secure connections to Bluetooth Smart-ready devices for vital information exchange over a secure wireless connection. Nonin will demonstrate the Model 3230 at Booth #119 at Connected Health Symposium 2013 in Boston Oct. 24th and 25th.
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  • Franke+fiorella Recognized W/5 Awards From GD USA          bizlistr
  • 10-22 Minneapolis-based brand identity design firm Franke+Fiorella has been recognized with 5 awards from GD USA American Graphic Design Awards for its work for clients Edmentum and The Mosaic Company. Winning entries include the Edmentum Brand Guidelines Brochure and Edmentum Sensei™ Brandmark and Visual Identity, and the March 2013 issue of Mosaic’s GROW Magazine, Mosaic Corporate Brochure and Mosaic 2012 Holiday Card. Franke+Fiorella is a leading brand identity design consultancy specializing exclusively in brand strategy and identity design. Founded in Minneapolis in 1993 by Craig Franke and Deb Fiorella, Franke+Fiorella helps its Fortune 1000 clients develop new brands and reposition existing ones. For more information, call 612.338.1700, email deb@frankefiorella.com or visit www.frankefiorella.com.
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  • Dayton: More input SWLRT          finance & commerce
  • 10-22 For the second time in a week, Gov. Mark Dayton met behind closed doors Tuesday with state and local officials over the stalled plans for the Southwest Light Rail Transit project.
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  • Developer plans on Wash. Ave          mspbj
  • 10-22 Developer Mike Roess plans to build a 10,000-square-foot building at the site of a Washington Avenue surface parking lot in downtown Minneapolis.
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  • Feds fine Carlson $125K          star tribune
  • 10-22 A prominent Twin Cities travel agency was fined $125,000 Tuesday by the federal government because its agents identified to prospective travelers only the name of the airline marketing the flight and not the name of carrier actually operating the flight.
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  • Apt complex sold in Uptown          star tribune
  • 10-22 L&B; Realty Advisors of Dallas bought the 158-unit property, which is located adjacent to Lake Calhoun, from Lake Calhoun City Apartments LLC, an entity owned by Michigan-based Village Green, and the Ackerberg Group in MInneapolis. CBRE’s Minneapolis office represented the sellers.
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  • Who has the most open jobs?          twin cities business
  • 10-22 The University of Minnesota, McDonald’s, Great Clips, U.S. Bank, and 3M reportedly sought to fill a total of 3,626 Twin Cities positions last month.
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  • Another mpls apt tower          twin cities business
  • 10-22 The developer Hines plans 291 new units amid an increasingly competitive downtown market.
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  • St. Thomas inducts five into RE hall of fame          star tribune
  • 10-22 Five new members will be inducted into the Minnesota Real Estate Hall of Fame later this week. They blazed their careers in the real estate industry in distinct and lasting ways.
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  • Block E owners head to court          mspbj
  • 10-22 Lawyers for a trio of Minneapolis developers on one side, and the Minnesota Sports Facilities Authority on the other, tangled for more than an hour Monday over the rights to a key block near the new Vikings stadium as a big deadline for Vikings fans approached.
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  • St. Jude launches new tech          medcity
  • 10-22 St. Jude Medical (STJ) announced FDA approval of its ILUMIEN OPTIS PCI Optimization System, and the product’s U.S. launch. The device gives physicians a real-time, 360-degree panoramic view of the arteries, to help with stent placement and to guide treatment for patients with coronary artery disease.
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  • DelaGet launches coach          minnesota business
  • 10-22 In the heart of Golden Valley, DelaGet — a restaurant software and financial services company — is working to change the way the nation’s restaurant industry operates.
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  • Capella profit leaps 23%          star tribune
  • 10-22 Capella Education said Tuesday that third-quarter earnings per share jumped 23 percent, handily beating analysts’ forecasts.
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  • Polaris posts higher profit          reuters
  • Oct 22 (Reuters) – Polaris Industries Inc reported a higher-than-expected quarterly profit on Tuesday and raised its full-year earnings forecast, citing strong sales of its off-road vehicles and snowmobiles.
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  • Polaris Reports Record Third Quarter 2013 Results          business wire
  • 10-22 MINNEAPOLIS–(BUSINESS WIRE)–Polaris Industries Inc. (NYSE: PII) today reported record third quarter net income from continuing operations of $116.9 million, or $1.64 per diluted share, for the quarter ended September 30, 2013, up 24 percent and 23 percent, respectively, from the prior year’s third quarter net income of $94.3 million, or $1.33 per diluted share. Reported net income for the third quarter 2013, including both continuing and discontinued operations was $113.1 million, or $1.59 per diluted share. Sales for the third quarter 2013 totaled a record $1,102.6 million, which represents an increase of 25 percent over last year’s third quarter sales of $879.9 million.
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  • Capella Reports Third Quarter 2013 Results          business wire
  • 10-22 MINNEAPOLIS–(BUSINESS WIRE)–Capella Education Company (NASDAQ: CPLA), a provider of online post-secondary education, primarily through its wholly owned subsidiary Capella University, today announced financial results for the three months ended Sept. 30, 2013.
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  • Cardiovascular Systems Receives Coronary Approval           business wire
  • 10-22 MINNEAPOLIS–(BUSINESS WIRE)–HighJump Software, a global provider of supply chain management software, announced Cabinets To Go has selected the HighJump warehouse management system (WMS) to power its expanding distribution operations. This fast-growing, direct-to-consumer retailer is moving into a new distribution center in southern California and wanted a best-of-breed WMS to support its expansion. The company has 45 stores nationwide and is opening six additional stores this year.
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  • Cabinets To Go Selects the HighJump           business wire
  • 10-22 MINNEAPOLIS–(BUSINESS WIRE)–HighJump Software, a global provider of supply chain management software, announced Cabinets To Go has selected the HighJump warehouse management system (WMS) to power its expanding distribution operations. This fast-growing, direct-to-consumer retailer is moving into a new distribution center in southern California and wanted a best-of-breed WMS to support its expansion. The company has 45 stores nationwide and is opening six additional stores this year.
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  • SunPartner Technologies and 3M Collaborate           business wire
  • 10-22 AIX-EN-PROVENCE, France & ST. PAUL, Minn.–(BUSINESS WIRE)–Sunpartner Technologies and 3M Company announce an agreement to collaborate in product development and technical solutions, capitalizing on innovative engineered electronics materials from 3M and transparent solar cell technologies from Sunpartner Technologies. The two companies are developing a sustainable wireless transparent micro component that will charge devices while they are being used and exposed to light. This game-changing development will give consumers the ability to charge their mobile phones and tablets with just natural or artificial light — no electrical outlets needed to power.
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  • Cima NanoTech/Precision Gasket Sign Agreement           business wire
  • 10-22 ST. PAUL, Minn.–(BUSINESS WIRE)–Cima NanoTech, a smart materials company and developer of SANTE® Self-Assembling Nanoparticle Technology, signed a reseller agreement with Precision Gasket Company (PGC), a leading manufacturing and materials application company.
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  • HEI, Inc. Announces Third Quarter 2013 Results          business wire
  • 10-22 MINNEAPOLIS–(BUSINESS WIRE)–HEI, Inc. (Pink Sheets:HEII) (http://www.heii.com) today announced its financial results for the third quarter of fiscal year 2013, which ended September 28, 2013.
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  • Stratasys buys out partner          twin cities business
  • 10-21 Stratasys Ltd. continues its string of mergers and acquisitions as it reinforces its presence in Japan.
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  • Eden Prairie Center sold          mspbj
  • 10-21 Eden Prairie Center, the Twin Cities’ fourth-largest shopping center, is changing hands.
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  • Jerabek’s has closed          city pages
  • 10-21 The week begins with some sad news out of St. Paul: Yesterday was the final day of service for Jerabek’s New Bohemian. They have served their last pot pie and poured their final cup of coffee. Saturday, the owners took to their website to let fans know that they would no longer be able to keep their doors open.
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  • Town Hall celebrates 16 years          city pages
  • 10-21 Fresh off their silver medal win at the Great American Beer Festival in Denver last week, Town Hall Brewery is kicking off a weeklong celebration to mark their 16th anniversary. It starts tonight at 5:00 p.m. with the release of their Anniversary Ale, an American hopped red ale with chocolate and caramel malt undertones. Pints will be cheaper from 5:00 to 6:00 p.m. so plan to get there early.
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  • Mobile startup At-Scene arrives          tech.mn
  • 10-21 Golden Valley mobile startup At-Scene has been steadily chipping away since their iCrime Fighter iOS app was first released two years ago this month.
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  • Tom Petters returns to court          star tribune
  • 10-21 The fraud mastermind goes back to federal court this week to argue that he’d have taken a plea deal for 30 years, rather than be sentenced to 50.
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  • Miromatrix raises $5M          mspbj
  • 10-21 Biotech startup Miromatrix Medical Inc. has closed on $5 million in financing, according to a regulatory filing.
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  • Topshop & Topman open at MOA          city pages
  • 10-21 This month, the Mall of America opened a slew of new stores, including one dedicated to Uggs, another serving bagels, and another honoring Norwegian culture. This Saturday, the mall will be welcoming British fashion chain Topshop and Topman to Nordstrom department store.
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  • Twin Cities office demand grows          mspbj
  • 10-21 The Twin Cities office market outlook remains positive despite “densification;,” according to two third-quarter market reports issued last week.
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  • 3 Mn golf courses shutting down          mspbj
  • 10-21 Three privately owned golf courses, beset by losses and seeing little option for an exit plan, are shutting down at the end of the season.
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  • Risdall focuses on future          star tribune
  • 10-21 Second-generation agency leader Ted Risdall has led the drive to apply the latest online technology to clients of Risdall Marketing Group.
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  • Nice Ride to go into hibernation          city pages
  • 10-21 The bike-sharing network expects to have all the bikes gathered by Nov. 15, before the plows hit the streets. There’s no date set for resuming the program.
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  • Strong tourism August in Duluth          duluth news tribune
  • 10-21 Anyone who doubts that great summer weather has a big impact on Duluth tourism need look no further than this past August.
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  • Plans to Expand Terminal 2          kstp
  • 10-21 Air travel is up big time at the Minneapolis-St. Paul International Airport. One reason is that many airlines are now offering expanded services to new destinations, and that has Terminal 2 quickly outgrowing its space.
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  • Medtronic responding to threat ?          medcity
  • 10-21 The day before 60 Minutes aired Dick Cheney’s segment with Dr. Sanjay Gupta with a clip showing his Homeland-like concern over assassination by wireless medical device, Medtronic (MDT) released a statement reiterating its dedication to maintaining the security of its devices. The timing of such a statement–right after a promotion of a former vice president saying one ofHomeland‘s most shocking plot lines could pose a real threat–seems worth noting
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  • Schacter to present at MobCon          mhta
  • 10-21 MHTA – Carlon Schachter, Vice President of the Americas for Google, will speak at the upcoming MobCon 2013 conference in Minneapolis.
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  • After shutdown, U research stalled          minnesota daily
  • 10-21 The government shutdown could have been detrimental to University of Minnesota researchers, but for now it’s only a speed bump.
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  • Target’s marketing efforts are right on target           minnpost
  • 10-21 Content is king in today’s marketing world, and the local king of marketing — Target Corp. — is providing an excellent example of a content-based strategy at A Bullseye View.
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  • Bryant-Lake Bowl turns 20          sw journal
  • 10-21 Though its 10-pin roots trace back to the 1930s, the Bryant-Lake Bowl as we know it is rolling up on its 20th anniversary. In 1993, a 29-year-old Kim Bartmann opened her hybrid bowling alley/theater/wine and beer bar in a pre-condo-era Uptown. In restaurant years, 20 is the new 80. But the BLB’s cachet among neighborhood dwellers and alt-type regulars hasn’t waned with its senior status. The cozy, come-as-you-are restaurant is an institution in an ever-changing neighborhood.
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  • Tactile provides a healing touch          twin cities business
  • 10-21 Tactile Medical of Minneapolis is confident its ACTitouch brace is a game-changer in the wound-care category.
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  • Bernatello’s heads upscale          star tribune
  • 10-21 The frozen pizza market heads upscale and Bernatello’s goes along with the trend – even to the point of dropping its traditional brand name.
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  • Big bonuses for Orchestra CEO          twin cities daily planet
  • 10-20 Minnesota Orchestra patrons are questioning hefty compensation paid to Orchestra President and CEO Michael Henson at the same time the administration pleads poverty and has locked out musicians.
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  • New buildings on Mpls skyline          minnpost
  • 10-20 Amid high vacancy and a bumpy economy, the Twin Cities has seen few new office buildings built in recent years. That’s about to change.
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  • Ramsey County bets TCAAP          pioneer press
  • 10-20 Boosted by Ramsey County’s purchase of the land and exposure from a failed Minnesota Vikings stadium proposal, the barbed-wire fence is finally coming down at the Twin Cities Army Ammunition Plant site in Arden Hills.
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  • Oil gives Ecolab a new frontier          star tribune
  • 10-20 On one of his rare visits to St. Paul, Ecolab Energy President Steve Taylor flipped through two heavily stamped passports showing trips to Iraq, Kazakhstan, Libya, Russia and other far-flung regions of the globe.
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  • MSFA eyes retail near stadium          finance & commerce
  • 10-18 Stadium parking may not be the only use for the property known as the McClellan block, site of a planned garage for the future $975 million home of the Minnesota Vikings in downtown Minneapolis.
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  • UMAMI is here to stay          city pages
  • 10-18 The chefs of Travail are riding the crest of a crazy beautiful wave. At what seems to be their golden hour, this merry band of culinary mischief makers cannot be stopped. Here’s a quick catch up on where they’ve been and what we can expect to see next.
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  • Supercuts looking for ad agency          mspbj
  • 10-18 Regis Corp.’s Supercuts salon brand is looking for a new advertising agency, according to Mediabistro’s AgencySpy blog.
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  • Q3 VC in Mn startups rebounds          mspbj
  • 10-18 Minnesota startups raised nearly $85 million in venture capital during the third quarter, more than three times the financing from the previous quarter, according to the MoneyTree Report.
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  • Park and Portland will stay open          star tribune
  • 10-18 Hennepin County leaders expressed strong opposition related to HCMC access.
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  • Gaviidae sale complete          mspbj
  • 10-18 Brookfield Office Properties closed on the sale of its last downtown Minneapolis asset this week when it sold Gaviidae Common I retail center for $26.5 million to an entity controlled by New York-based Nightingale Properties.
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  • Questions about Mn anti-coal law          star tribune
  • 10-18 A federal judge is asking pointed questions about the legality of a Minnesota statute that has been challenged by North Dakota and coal interests.
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  • Treehouse backs Riversystems          tech.mn
  • 10-18 TreeHouse Health, an “innovation; center” that seeks to support entrepreneurial growth for both large and emerging health care companies, welcomed its first start-up company to its 13,000-square foot downtown Minneapolis space this week: RiverSystems LLC.
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  • Vennes sentenced to 15 years          pioneer press
  • 10-18 Frank Vennes Jr., a former financier who brought in more than $1 billion for Twin Cities Ponzi schemer Tom Petters, was sentenced Friday to 15 years in federal prison.
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  • We love Blue Moon          city pages
  • 10-18 For all the craft beer we have brewing in our fair state, you may be surprised to find that our collective beer of choice is actually a macro brew.
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  • Building Blocks: CoCo Uptown          finance & commerce
  • 10-18 Property description: At first glance, the strip mall anchored by CVS Pharmacy between West Lake Street and the Midtown Greenway may not look all that interesting. But a visit to the basement reveals a brightly lit, 15,000-square-foot rectangular room filled with white tables and chairs and several intriguing conference rooms…
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  • STJ device hit with safety alert          medcity
  • 10-18 St. Jude Medical (STJ) received an FDA safety alert for its Amplatzer ASO, a minimally-invasive implantable cardiac device used to treat atrial septal defect. The problem? In one to three of every 1,000 patients, “tissue; surrounding the Amplatzer ASO can break down (erode) and result in life-threatening emergencies that require immediate surgery.”
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  • St. Louis Park balks at lrt delay          mpr
  • 10-18 Elected officials who huddled with Gov. Mark Dayton this week to postpone a crucial vote on the beleaguered Southwest light rail proposal have called the delay a path forward that could ultimately save the project.
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  • North Mpls still struggling          minnpost
  • 10-18 On many blocks that were in the path of the tornado that plowed across North Minneapolis on May 22, 2011, there are few signs of the storm’s destruction. Instead, there are rebuilt homes, new roofs and growing trees that replaced the thousands that were toppled.
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  • Schell’s: The Next Generation          msp magazine
  • 10-18 The iconic Minnesota critters are the loon, the moose, the blue ox, the Hamm’s bear dancing through sky-blue waters, and of course the Schell’s peacock. When you go down to the gingerbread-fairy-tale mansion in New Ulm where they make the iconic Minnesota Schell’s beer, these stunning birds emerge fan-tailed and regal around every corner. So of course, when I got the chance to talk to the Marti family, the real-life direct descendants of brewery founder August Schell who still run the place, I had to ask about them.
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  • Kahler under new management          rochestor post bulletin
  • 10-18 Four downtown Rochester hotels and about 550 employees will be under new management as of midnight tonight.
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  • AG asks to investigate Humana          star tribune
  • 10-18 Minnesota Attorney General Lori Swanson is asking the federal government to investigate Humana’s Medicare Advantage policies after uncovering what she said were “significant; problems” reported by Minnesota patients and medical providers.
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  • UH spawns healh IT startup          tech.mn
  • 10-18 Minnesota’s $100b behemoth UnitedHeath Group has launched a new startup called Wellvize, aimed at providing the insight and accountability of a health coach at the fraction of the price.
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  • Insignia Systems Announces Addition to Board          business wire
  • 10-18 MINNEAPOLIS–(BUSINESS WIRE)–Insignia Systems, Inc. (NASDAQ:ISIG) today announced that Steven R. Zenz has been elected as a member of its Board of Directors and Chair of the Audit Committee. Mr. Zenz is a former partner of the audit and advisory firm KPMG, where he served in various capacities in his 33 years with the firm, including partner in charge of the audit group and partner in charge of the firm’s SEC and technical accounting practices in KPMG’s Minneapolis, Minnesota and Des Moines, Iowa, offices as well as lead audit partner for many publicly-held company clients. Since 2011, Mr. Zenz has acted as a consultant on several merger and acquisition transactions providing advice on valuations, SEC filings, technical accounting and integration.
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  • Aaron Arnett Joins Yukon Partners          business wire
  • 10-18 MINNEAPOLIS–(BUSINESS WIRE)–Yukon Partners is pleased to announce the addition of Aaron Arnett, Director, to the Yukon team. Mr. Arnett’s responsibilities include working with the Yukon team on overall investment activities. He will provide leadership in the areas of evaluation, due diligence, and portfolio investment monitoring.
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  • A 4th round of job cuts at Wells          star tribune
  • 10-17 Wells Fargo & Co. on Wednesday notified 102 people in its Minnesota mortgage operations that their jobs are being eliminated within 60 days, the fourth round of job cuts in as many months.
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  • Minn., N.D. meet in court          mpr
  • 10-17 ST. PAUL, Minn. — A federal judge will hear arguments Thursday in a dispute between Minnesota and North Dakota over Minnesota’s renewable energy law.
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  • Haskell’s supersizing          mspbj
  • 10-17 Haskell’s announced plans Wednesday to open a 20,000-square-foot liquor store in The Grove shopping complex in Maple Grove, a store that would be twice as large as any of Haskell’s current locations.
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  • Taste of MN back in 2014          city pages
  • 10-17 Harriet Island will play host to a large-scale festival again next year with the return of Taste of Minnesota. The long-running music and food fest was shut down in 2010 due to bankruptcy, but will be back next July.
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  • Select Comfort stock plunges          mspbj
  • 10-17 Select Comfort Corp.’s stock plunged more than 21 percent Thursday after the mattress maker reported weaker-than-expected third-quarter earnings and reduced its full-year outlook late Wednesday.
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  • UH 3rd-qtr profit edges up 1%          pioneer press
  • 10-17 UnitedHealth Group Inc.’s third-quarter earnings inched up 1 percent in a rare performance that failed to trump Wall Street expectations.
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  • Supervalu returns to profit          pioneer press
  • 10-17 Supervalu returned to a profit in its fiscal second quarter after posting a loss in the same period a year ago due to a large charge.
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  • Select Comfort Announces 3Q 2013 Results          business wire
  • 10-17 MINNEAPOLIS–(BUSINESS WIRE)–Select Comfort Corporation (NASDAQ: SCSS) today reported third-quarter 2013 results for the period ended Sept. 28, 2013.
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  • SUPERVALU Reports 2Q Fiscal 2014 Results          business wire
  • 10-17 MINNEAPOLIS–(BUSINESS WIRE)–SUPERVALU INC. (NYSE: SVU) today reported second quarter fiscal 2014 net sales of $3.95 billion and net earnings of $40 million, or $0.15 per diluted share.
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  • W. Hall Wendel Jr. gives $10M to Mayo          mspbj
  • 10-16 Mayo Clinic will expand its executive health program thanks to a $10 million donation from W. Hall Wendel Jr., former CEO and chairman of Polaris Industries Inc.
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  • Canadian Pacific Plaza sold          mspbj
  • 10-16 Canadian Pacific Plaza in downtown Minneapolis recently sold for $51.5 million.
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  • No deal yet on Wells Fargo move          star tribune
  • 10-16 Though the developer of the $400 million Downtown East mixed-use project and Wells Fargo remain coy about the bank’s involvement in the deal, renderings submitted to the city seem pretty clear. Wells Fargo’s name is all over the proposed signage for the office portion of the project.
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  • Smart Factory opens on Lake St          sw journal
  • 10-16 Tech classes are underway at a new school formed by the founders of two mobile app companies.
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  • D-town Council has a new CEO          twin cities business
  • 10-16 Veteran civic leader Steve Cramer, who also chairs the Minnesota Ballpark Authority, said it’s a vital time for downtown Minneapolis.
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  • GovDelivery’s smash success          mspbj
  • 10-16 The federal health exchange set up to steer millions of consumers through the new health reform law has plenty of problems. But attracting traffic isn’t one of them, and for that the government can thank a Twin Cities company.
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  • Med-tech company raises $14M          mspbj
  • 10-16 Osprey Medical Inc. has raised $14 million to launch medical technology that protects patients’ kidneys during cardiology procedures.
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  • Exurbs see home construction          star tribune
  • 10-16 In several cases, Twin Cities-area developments halted amid the recession have been brought back to life.
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  • U.S. Bancorp profit slips          mspbj
  • 10-16 Profits dip at U.S. Bank’s parent company on mortgage slowdown and slow economic growth.
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  • Penn-American Phase II delayed          finance & commerce
  • 10-16 United Properties said Monday it has pushed back the groundbreaking date for Penn-American Phase II project, a mixed-use development at 8001 Penn Ave. S. in Bloomington, which will be in an area served by a planned bus rapid transit line.
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  • Target teams up with Goodguide          triplepundit
  • 10-16 In a sea of confusing – and often misleading – product labels, it can be tough for consumers to choose healthy, sustainable products that are good for both the planet and their families. Since 2007, the makers of the increasingly popular Web and mobile app GoodGuide have been quietly compiling a massive database of consumer products with ratings based on health, environmental impact and society to help shoppers do just that.
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  • Fallon mn takes on Woodford          minnesota business
  • 10-16 If you’re into bourbon, then you know Brown-Forman’s Woodford Reserve. And Fallon Minneapolis is getting to know the premium bourbon brand, too. On Oct. 9, Fallon—an ad agency owned by Publicis Groupe—announced that they’ll be Woodford Reserve’s agency of record.
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  • ViaWest announces new VP/GM          mhta
  • 10-16 MHTA – ViaWest has named Todd Meester Regional Vice President and General Manager of the Minnesota region. Meester will lead the development and growth of ViaWest’s market expansion in the region.
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  • Bountiful harvests, lower profits          mpr
  • 10-16 TYLER, Minn. — A warm fall has helped Minnesota’s $9.5 billion corn and soybean crops.
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  • Nelson promoted at Beehive PR          mnpr blog
  • 10-16 April Nelson has been promoted to group director at Beehive PR. In her new role she oversees a portfolio that includes financial services, education, retail and healthcare accounts. She will continue to help set strategic direction for her clients and manage project teams. Nelson joined Beehive in 2010 as an account director and since then has worked with clients including 6pm.com, Rasmussen College, Coloplast Corp. and Deluxe Corporation. Prior to joining Beehive, Nelson worked in the financial services group at Weber Shandwick for nearly three years.
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  • St. Jude profit rises 8 percent          star tribune
  • 10-16 St. Jude Medical Inc. said its third quarter net profit rose 8 percent adjusted for one-time costs amid a modest sales increase as the company continued to adjust its product strategy.
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  • Rochester a top places to live          rochestor post bulletin
  • 10-16 Rochester has been named sixth on a list of the Top 100 Best Places to Live by Livability.com, a website that ranks quality of life and travel amenities of America’s small and mid-sized cities.
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  • Best Buy shares top $40          star tribune
  • 10-16 Best Buy Co. Inc. shares moved to a new level Tuesday, nudging above $40 for the first time in nearly three years.
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  • 3M Invests in TaKaDu          business wire
  • 10-16 ST. PAUL, Minn. & YEHUD, Israel–(BUSINESS WIRE)–Today, 3M New Ventures (3M’s corporate venture organization) announced an equity investment in TaKaDu, a leading provider of advanced analytics services to monitor water networks. The cloud-based solution offered by TaKaDu takes available raw network data and uses sophisticated analytics to detect and predict network issues, improve incidence response times and monitor and mitigate operational issues in the water grid. The terms of the transaction were not disclosed.
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  • St. Jude Medical Reports 3Q 2013 Results          business wire
  • 10-16 ST. PAUL, Minn.–(BUSINESS WIRE)–St. Jude Medical, Inc. (NYSE:STJ) today reported sales and net earnings for the third quarter ended September 28, 2013. Third quarter highlights: Net sales increased by approximately 3 percent on a currency neutral basis from the third quarter of 2012 Completed the acquisition of Endosense, which brings an innovative cardiac ablation catheter technology to St. Jude Medical Adjusted net earnings per share increased by approximately 8 percent compared to the third quarter of 2012, and 12 percent on a currency neutral basis
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  • Winmark Corporation Announces 3Q Results          business wire
  • 10-16 MINNEAPOLIS–(BUSINESS WIRE)–Winmark Corporation (Nasdaq:WINA) announced today net income for the quarter ended September 28, 2013 of $5,251,500 (or $1.00 per share diluted) compared to net income of $4,259,500 (or $.82 per share diluted) in the third quarter of 2012. For the nine months ended September 28, 2013, net income was $13,645,800 (or $2.61 per share diluted) compared to net income of $11,179,900 (or $2.13 per share diluted) for the same period last year.
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  • Piper Jaffray Cos Announces 2013 3Q Results          business wire
  • 10-16 MINNEAPOLIS–(BUSINESS WIRE)–Piper Jaffray Companies (NYSE: PJC) today announced that for the quarter ended September 30, 2013, net income from continuing operations was $6.9 million, or $0.42 per diluted common share. The results for the quarter were reduced by $0.15 per diluted common share, due to a $2.3 million after-tax charge ($3.8 million pre-tax), related to restructuring and integration costs associated with the acquisitions of Seattle-Northwest and Edgeview. Excluding these costs, net income from continuing operations would have been $9.2 million, or $0.57 per diluted common share. These results compared to net income from continuing operations of $14.5 million, or $0.82 per diluted common share, in the year-ago period. In the second quarter of 2013, net income from continuing operations was $4.4 million, or $0.25 per diluted common share.
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  • U.S. Bancorp Reports Earnings for the 3Q of 2013          business wire
  • 10-16 MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bancorp (NYSE:USB) today reported net income of $1,468 million for the third quarter of 2013, or $.76 per diluted common share, compared with $1,474 million, or $.74 per diluted common share, in the third quarter of 2012. Highlights for the third quarter of 2013 included:
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  • WSI Reports Fourth Quarter and Full Year Results          business wire
  • 10-15 MINNEAPOLIS–(BUSINESS WIRE)–WSI Industries, Inc. (Nasdaq:WSCI) today reported annual sales for the fiscal 2013 year ending August 25, 2013 of $33,965,000, an increase of 5% over the prior year’s sales of $32,456,000. The Company also reported full year net income of $730,000, or $.25 per diluted share, versus $1,473,000, or $.51 per diluted share, in fiscal 2012.
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  • Downgrade could be imminent          cnn money
  • 10-15 The source of Reid’s information was unclear, and his office did not respond to a request for follow-up comment. The big three rating agencies — Fitch, Moody’s and Standard & Poor’s — declined to comment on the senator’s remarks, pointing to their previous statements on the debt ceiling showdown.
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  • Dakotas top mn for 4-yr. gdp          twin cities business
  • 10-15 While Minnesota ranked only 25th based on a combination of its GDP and population growth over the last four years, it appears to be improving.
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  • Mn’s white-collar salaries expected to outpace u.s.          twin cities business
  • 10-15 According to staffing firm Robert Half, the technology industry will see the biggest gains in professional salaries, followed by accounting and finance, and creative and marketing jobs.
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  • Call them Caribruegger’s          mspbj
  • 10-15 Caribou Coffee and Bruegger’s have selected the sites where they will open their first combined locations next month.
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  • Turnaround: Device tax now on life support?          twin cities business
  • 10-15 Minnesota companies are closely watching ongoing deal discussions in Washington, D.C.
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  • ADM HQ team meets with others          mspbj
  • 10-15 After Twin Cities, ADM HQ team meets with Dallas, Atlanta
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  • Surprising soybean crop          pioneer press
  • 10-15 It took a while, but combines are rolling all across Minnesota during a fall harvest that’s already producing surprises.
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  • Kaye Rakow, of NAIOP, to retire          finance & commerce
  • 10-15 She earns plaudits from longtime Capitol observers — even those who haven’t always been sympathetic to the agenda of commercial property owners.
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  • ‘Spec’ RE projects are back          minnpost
  • 10-15 New apartment buildings aren’t the only new construction projects underway throughout the Twin Cities.
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  • St. Paul foresees boom times          star tribune
  • 10-15 As office occupancy rates hold steady, new transit options are expected to help the capital city draw businesses seeking space.
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  • Insurer accuses 46 of fraud          star tribune
  • 10-15 The suit says 46 chiropractors got kickbacks from an Edina MRI firm for ordering unnecessary scans for auto-accident victims.
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  • Vote on SW LRT is postponed          star tribune
  • 10-15 Gov. Dayton said studies will look for alternative routes for freight trains and make sure water quality in Minneapolis’ chain of lakes is not damaged.
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  • Bank poised to cut off Somalis          pioneer press
  • 10-15 LONDON—A British bank could soon be cutting a financial lifeline for millions of Somalis. Barclays is poised to sever its ties to Dahabshiil, one of the Somali expatriate community’s biggest money transfer services, as part of a larger reorganization of its business. Barring a successful last-minute court challenge, experts say the move will jeopardize 100 million pounds ($160 million) worth of payments made from the U.K. each year.
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  • HighJump & TrueCommerce Partner with Unisun          business wire
  • 10-15 MINNEAPOLIS–(BUSINESS WIRE)–HighJump Software, a global provider of supply chain management software, announced that its TrueCommerce EDI Solutions Group has partnered with Unisun Software, a leading provider of produce inventory management and accounting software for the packer-grower-shipper industry.
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  • 3M and tenKsolar Celebrate 200+ Installations           business wire
  • 10-15 ST. PAUL, Minn.–(BUSINESS WIRE)–After more than two years of collaboration, 3M Renewable Energy and tenKsolar are celebrating a number of milestones in increasing energy generation from commercial rooftop photovoltaic (PV) arrays. In 2011, the two companies first combined the tenKsolar RAIS® commercial solar array with 3M™ Cool Mirror Film 330. This system is able to generate up to 45 percent more annual energy per square foot of rooftop than a typical installation with a conventional solar array, while at the same time reducing PV energy costs and providing net energy savings to buildings by reducing rooftop temperatures.
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  • MakerBot 3D Scanner Gets Breakthrough Award          business wire
  • 10-15 BROOKLYN, N.Y.–(BUSINESS WIRE)–The MakerBot Digitizer Desktop 3D Scanner is receiving a Popular Mechanics Breakthrough Award! Popular Mechanics just announced the winners of its ninth annual Breakthrough Awards, which recognizes the innovators and products that have advanced the fields of technology, medicine, space exploration, automotive design, and more. The honorees will be recognized in the November issue of Popular Mechanics, available on newsstands October 15, 2013, and celebrated at a day-long conference and gala awards ceremony at Hearst Tower in New York City on October 22. MakerBot will be at both the conference and the gala awards showcasing the MakerBot Digitizer.
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  • Humanetics Corporation Awarded Patent          business wire
  • 10-15 MINNEAPOLIS–(BUSINESS WIRE)–Minneapolis-based Humanetics Corporation has been awarded a patent for a breakthrough formulation that increases the bioavailability of their proprietary radioprotectant compound, BIO 300.
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  • 3M Introduces Easy-On Privacy Filters for iPads          business wire
  • 10-15 ST. PAUL, Minn.–(BUSINESS WIRE)–With the growing prevalence of tablets used in the enterprise by the mobile workforce, the need for mobile data protection and “on-the-go” visual privacy has multiplied. Mobile employees are finding themselves in situations where they need to protect confidential company information while working in public spaces, but still require the ability to share content when collaborating with colleagues. Recognizing this essential need for worker flexibility, 3M introduces new Easy-On Privacy Filters for iPads®, allowing users to stay private when needed and share content when wanted.
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  • MNSummit On Natural Gas In Trucking Opens Oct. 17          pr newswire
  • ST. PAUL, Minn., Oct. 15, 2013 /PRNewswire/ — Natural gas is $1.50 to $2.00 cheaper per gallon than diesel fuel today, and it is cleaner burning. Converting more fleets of trucks to natural gas is one of the outcomes expected from the region’s first industry-wide summit on natural gas in trucking opening this Thursday, October 17 at the Early Brown Center in Brooklyn Center. Details at www.mntruck.org.
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  • Leather & Latte          sw journal
  • 10-14 Leather products and espresso drinks might sound like an unusual combination, but it makes perfect sense to the owners of Twin Cities Leather & Latte, opening at 2717 Hennepin Ave. S. in late September.
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  • Keeping the Green Line safe          twin cities daily planet
  • 10-14 Experts say the light rail is more dangerous than other forms of transportation because it takes longer to stop and runs on street level. Come mid-2014, the Central Corridor light rail, or the Green Line, will cruise through the University of Minnesota at about 20 mph and across the Washington Avenue Bridge at up to 50 mph.
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  • The Country Bar: $329K          mspbj
  • 10-14 The owners of an Uptown dive bar struggling to pay their taxes are trying to sell their business.
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  • Silicon Lakes?          mspbj
  • 10-14 Outsiders attempting to name a tech scene in fly-over-country routinely go with Silicon fill-in-the-blank, and the headline writers at Investors Business Daily stuck with the trend in a recent story about Twin Cities startup activity.
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  • Repeal of device tax not included          medcity
  • 10-14 Bloomberg healthcare reporter Sasha Damouni has tweeted an aide told the magazine the medical device tax repeal is not included in the budget deal. Despite the intensive efforts of the medical device industry to repeal the 2.3 percent tax on revenue that represents $30 billion in Obamacare funding as part of the debt ceiling deal, if this source is correct, it looks like bleak days for a repeal but (yay!) potentially an end to the shutdown in sight.
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  • Businesses expect lift from LRT          mpr
  • 10-14 ST. PAUL, Minn. — Light rail should deliver a boost to St. Paul’s downtown when the trains start running next year, a building owners group said Monday.
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  • Is Minnesota getting a beer glut?          mspbj
  • 10-14 Over the past few years Minnesota’s craft brewing industry has exploded, growing to more than 50 breweries. Local craft breweries produced 308,000 barrels of beer in 2012, an 80 percent jump from the previous year. (Minnesota now ranks 10th in the nation, one spot behind Wisconsin.)
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  • 3d printing & mn manufacturing          kstp
  • 10-14 Manufacturing is the second largest industry in Minnesota. But these days, the way we manufacture is changing.
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  • St. Paul office market remains stable          star tribune
  • 10-14 The market for office space in downtown St. Paul’s office market has remained stable so far this year, according to a report released Monday by the Greater St. Paul Building Owners and Managers Association (BOMA).
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  • 4 mn breweries win awards          twin cities business
  • 10-14 Town Hall, Summit, Surly, and Schell’s won medals at the 2013 Great American Beer Festival.
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  • Schlander joins Securian as Public Affairs Director          business wire
  • 10-14 ST. PAUL, Minn.–(BUSINESS WIRE)–Alyssa M. Schlander joined Securian Financial Group as senior counsel and director, Public Affairs. She will develop and implement government affairs strategies for the St. Paul-based financial services company and report to Gary Christensen, senior vice president and general counsel.
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  • Castrejo Appointed PwC’s Mpls cyberSecurity Leader          pr newswire
  • MINNEAPOLIS, Oct.14, 2013 /PRNewswire/ — PwC US today announced the addition of Tomas M. Castrejon as an advisory leader focused on cybersecurity for the firm’s Greater Minneapolis market. Castrejon was previously based in the San Francisco office and brings cybersecurity skills and experience to PwC’s Minneapolis practice, which has more than 40 consultants focused on cybersecurity.
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  • Matchinsky joins Scholarship America          pr newswire
  • MINNEAPOLIS, Oct. 14, 2013 /PRNewswire-USNewswire/ — Scholarship America, Inc., the nation’s largest nonprofit scholarship and education support organization, today announced that Tom Matchinsky has joined the organization as the new Director of Sales, Great Lakes Region for Scholarship Management Services (SMS). SMS is Scholarship America’s social enterprise that creates custom scholarship, tuition assistance and other education-focused programs for corporate, foundation and individual clients.
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  • Dorsey & Whitney hires new CFO          mspbj
  • 10-14 Dorsey & Whitney has hired Robert “Skipp;” Swayze to be its new chief financial officer.
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  • Schrock to retire from Pentair          streetinsider.com
  • 10-14 Pentair Ltd. (NYSE: PNR) announced that Michael Schrock, President and Chief Operating Officer, has informed the company of his intent to leave employment and retire effective December 31, 2013.
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  • Lori Swanson investigating medical credit cards          mspbj
  • 10-14 Doctors and dentists are increasingly teaming up with financial firms to launch custom medical-credit cards to let patients borrow for uninsured procedures, but the practice is drawing criticism and scrutiny.
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  • Last stop for Last Place?          duluth news tribune
  • 10-14 For now, downtown Duluth businessman Jim Carlson is calling Sherburne County Jail in Elk River home. He’s been confined there since being found guilty of 51 federal crimes last Monday.
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  • Construction to close skyway          finance & commerce
  • 10-14 Light rail-related construction will shut down a small portion of St. Paul’s skyway system later this week.
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  • Cedar-Riverside preps for LRT          minnesota daily
  • 10-14 Community groups in Cedar-Riverside are joining other University of Minnesota neighborhoods’ efforts to control the effects of development.
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  • Travail Kickstarter nets $255K          msp magazine
  • 10-14 Annihilate. Crush. Whatever you want to call it, Travail’s much buzzed about Kickstarter campaign ended yesterday with a grand total of $255,669, thanks to supporters. The goal? $75,000. Yeah, we’ll call that pure obliteration.
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  • Kowalski’s Turns 30          wcco
  • 10-13 MINNEAPOLIS (WCCO) – For the first time after his accidental death, Jim Kowalski’s family is talking publicly.
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  • UHG’s Boudreaux is powerful          twin cities business
  • 10-13 Fortune magazine named Minnetonka-based UnitedHealth Group’s Gail Boudreaux to its list of the most prominent businesswomen in the United States; meanwhile, several leaders of companies with a major Minnesota presence also made the cut.
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  • Zombie Pub Crawl draws 30K          fox9
  • 10-13 MINNEAPOLIS (KMSP) – The Zombie Pub Crawl attracted 30,000 of the undead to the U of M West Bank on Saturday.
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  • Bad weather hurts pumpkin crop          rochestor post bulletin
  • 10-13 BYRON — Tom Tweite of Tweite’s Family Farm and Pumpkin Patch has a message for potential customers: Don’t wait until the last minute to pick out your pumpkin.
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  • St. Cloud’s NativeX is optimistic          star tribune
  • 10-13 For the co-founder of a technology company that just laid off 45 people, about a quarter of its staff, Rob Weber of NativeX sure sounded optimistic.
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  • Target trains on showrooming          star tribune
  • 10-13 As a Target “beauty; concierge,” young Chelsea Mathison prowls the cosmetic aisles at the retailer’s Nicollet Mall store, sweetly asking shoppers if they need beauty tips and recommendations
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  • Code42 to Present at JAMF User Conference 2013           business wire
  • 10-14 MINNEAPOLIS–(BUSINESS WIRE)–Code42, developers of award-winning, endpoint data protection and management solutions for consumers, businesses and the enterprise, today announced Principal Architect Andrew Renz is presenting at the JAMF Nation User Conference 2013, held Oct. 15-17 in Minneapolis.
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  • St. Jude Medical Announces Acquisition of Nanostim           business wire
  • 10-14 ST. PAUL, Minn.–(BUSINESS WIRE)–St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced the completion of its acquisition of Nanostim, Inc., a privately-owned developer of miniaturized, leadless pacemakers. The acquisition adds the world’s first and only leadless pacemaker to the St. Jude Medical product portfolio and culminates a two-year partnership between the two companies during which St. Jude Medical invested in and collaborated with Nanostim throughout its product development and commercialization initiatives.
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  • Now Open: Crave          sw journal
  • 10-11 The latest business to open in Kam Talebi’s rapidly expanding Kaskaid Hospitality portfolio is Muse, a three-level, 23,000-square-foot events center in North Loop.
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  • Dining at Humphrey Terminal          mpr
  • 10-11 ST. PAUL, Minn. — Rising passenger traffic at the Humphrey Terminal at Minneapolis-St. Paul International Airport has attracted a new food vendor.
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  • Tiny offices in development          sw journal
  • 10-11 The Ackerberg Group is renovating the former Keller Williams Realty office space above Bar Abilene, offering new spaces as small as 250 square feet. Staff said they’re targeting small, growing local businesses, as opposed to Ackerberg’s nearby MoZaic tower, which caters to established firms that can pay top rent.
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  • Closed: Urban Tri          sw journal
  • 10-11 Urban Tri closed for business Sept. 29 at 50th & Bryant. The shop for tri-athletes opened in 2011 and sold racing bikes, swim gear and running apparel.
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  • Stolpestad doesn’t golf          pioneer press
  • 10-11 Jim Stolpestad has given this tour before — at least 50 times.
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  • Target’s archivists cut in layoffs          mspbj
  • 10-11 Target Corp. employees in charge of chronicling the retailer’s storied past were among those eliminated in this week’s layoffs.
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  • First Avenue to buy Turf Club          city pages
  • 10-11 First Avenue has announced plans to purchase and take over management of the Turf Club. The venerable St. Paul venue has long been one of the best Twin Cities venues of any size, and it’s entering a new era after eight years under the ownership of Tom Scanlan. On October 15, the deal will officially go through.
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  • St. Paul wins award for LRT          finance & commerce
  • 10-11 A St. Paul program providing no-interest, forgivable loans to businesses on the Green Line Light Rail Transit project route has earned the city an award.
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  • Car2Go arrives in Minneapolis          sw journal
  • 10-11 Minneapolis has yet another option for its citizens to get around the city.
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  • TC CoCo’s are biz magnets          twin cities business
  • 10-11 George McGowan, who lives in Eagan and works for a Mankato-based company, does not have a traditional office. Instead, he commutes to downtown St. Paul’s CoCo co-working space, where people like him pay membership fees to use a shared workspace with office-style amenities.
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  • MOA adding 10 new shops          pioneer press
  • 10-11 The Mall of America announced 10 new retailers Thursday, including some newcomers to Minnesota.
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  • BB has best-performing stock          star tribune
  • 10-10 Best Buy’s 7.6 percent increase in share price Thursday helps it overtake Netflix as best performing stock in the S&P; 500 index this year.
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  • Target: Digital emphasis drove job cuts          twin cities business
  • 10-10 As Target makes digital efforts a top priority, 150 jobs have fallen by the wayside.
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  • Whistler Soda is a throwback          city pages
  • 10-10 It’s always sort of a novelty when you go to places like Brasa, La Loma, or Gorkha Palace and they have Mexican Coke in a bottle. It’s impossible not to order one of these sodas for at least two good reasons: First, pure cane sugar soda tastes way better. Second, there’s just something fun and classic about drinking from a glass bottle.
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  • Shutdown hinders Blue Plate’s brewpub           mspbj
  • 10-10 For the second time in two years, a government shutdown is impairing Blue Plate Restaurant Co.’s plans for a new location.
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  • MN startup Third Iron is hot          tech.mn
  • 10-10 Founded in the spring of 2011, St. Paul startup Third Iron was in stealth mode for over a year, quietly prototyping and patiently researching while strategizing a go to market plan.
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  • Mariner takes full ownership of apps          pioneer press
  • 10-10 Minneapolis-based Mariner Software has long sold — but not owned — the MacGourmet line off Apple Macintosh and iOS apps for home cooks.
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  • Firms vie to underwrite stadium          twin cities business
  • 10-10 The firms—which include some of the country’s largest financial services companies—made pitches to help underwrite taxpayers’ $498 million portion of the new stadium.
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  • Petters will have to wait          star tribune
  • 10-10 Because of transportation scheduling issues, next week’s hearing for convicted businessman Tom Petters to seek a shorter prison sentence will be delayed until Oct. 23.
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  • Star Tribune eyes Nicollet Mall          mspbj
  • 10-10 The Star Tribune Co. is looking at space on Nicollet Mall where it might relocate its headquarters.
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  • St. Jude Medical CEO is critical          mspbj
  • 10-10 The med-tech industry should focus on innovation and avoid turning devices into commodities, St. Jude Medical CEO Dan Starks said at the Minnesota Venture Finance Conference Thursday.
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  • Booze adds $3b to mn economy          twin cities business
  • 10-10 An industry trade association said that the wine and spirits business directly supports 13,900 jobs in the state, including about 1,210 workers at wholesaler companies.
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  • TC home sales still strong          star tribune
  • 10-10 Rising rents, relatively affordable home prices and low-interest rates continue to contribute to a brisk Twin Cities housing market, the Minneapolis Area Association of Realtors (MAAR) reported Thursday.
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  • Fry sentenced to 17+ yrs          star tribune
  • 10-9 James Nathan Fry, the Mound hedge fund manager who misled clients about their investments with convicted Wayzata businessman Tom Petters, was sentenced Wednesday to more than 17 years in prison.
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  • Target lays off 150 at corporate          star tribune
  • 10-9 The cut amounts to 1% of its corporate staff, as Target and other retailers have said they aren’t as optimistic about the rest of the year.
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  • Fastenal’s gains fall short          star tribune
  • 10-9 Fastenal Co. on Wednesday reported an 8.1 percent gain in earnings per share for the third quarter and a 7 percent revenue gain, but both fell slightly below Wall Street expectations.
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  • Shutdown = No new craft beer          pocono record
  • 10-9 The partial government shutdown has closed an obscure agency that approves new breweries, recipes and labels, which could create huge delays throughout the rapidly growing craft beer industry.
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  • Norcraft in Eagan files for IPO          star tribune
  • 10-9 Cabinetmaker Norcraft Cos. has filed for an initial public offering with the hopes of raising $100 million to restructure debt and expand its reach.
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  • Patrick’s Bakery expanding          mspbj
  • 10-9 Patrick’s Bakery Café is expanding to Maple Grove.
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  • Total Wine to open 2nd store          mspbj
  • 10-9 Total Wine & More has signed its second Twin Cities lease as it prepares to enter the market later this year.
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  • Activists suspected in minx escape          rochestor post bulletin
  • 10-9 Activists suspected in WI minx escape…
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  • Town Hall is one of the best brewpubs          city pages
  • 10-9 Since its inception, Town Hall Brewery has produced many award-winning beers including their Hope & King Scotch ale, which took home a gold medal at the Great American Beer Festival in 2011, and the Russian Roulette chocolate imperial stout, which took home the same award in 2008. Several brewers who got their start at Town Hall have gone on to open their own successful brewing businesses, including Jamie Robinson from Northbound Smokehouse Brewpub.
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  • New hope for IBM Rochester          rochestor post bulletin
  • 10-9 IBM’s new entries into the fast-growing cloud computing market offer some much-needed good news for its Rochester campus.
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  • Lines form around TC Chick-fil-A’s          star tribune
  • 10-9 Chick-fil-A, one of the country’s fastest-growing fast-food chains, has attracted dozens of Minnesotans to camp out for a chicken sandwich giveaway as it prepares to open its first stand-alone stores in the state.
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  • Cargill profit drops 41%          pioneer press
  • 10-9 Cargill Inc., the largest privately held U.S. company, posted a 41 percent drop in fiscal first-quarter earnings after a decline in U.S. crop volumes and profitability at its energy-trading operation.
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  • HighJump & TrueCommerce Partner with AdvancePro           business wire
  • 10-9 MINNEAPOLIS–(BUSINESS WIRE)–HighJump Software, a global provider of supply chain management software, announced that its TrueCommerce EDI Solutions Group has partnered with AdvancePro Technologies (APT), a leading provider of inventory management software, to deliver an integrated solution that allows AdvancePro users to send and receive EDI documents to and from their AdvancePro systems.
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  • Cargill reports first-quarter fiscal 2014 earnings          pr newswire
  • MINNEAPOLIS, Oct. 9, 2013 /PRNewswire/ — Cargill today reported net earnings of $571 million in the fiscal 2014 first quarter, down 41 percent from last year’s record quarter of $975 million. First-quarter revenues of $33.8 billion matched the year-ago period.
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  • Zimmer Announces Agreement for Lateral Interbody System          pr newswire
  • MINNEAPOLIS, Oct. 9, 2013 /PRNewswire/ — Zimmer Spine, Inc., a global leader in spine innovation, today announced that the Company has signed an exclusive global distribution agreement for the Lateral Locking Cage (LLC), a first of its kind, minimally invasive lateral interbody cage. Under the terms of this long-term agreement with Frontier Medical Devices (Marquette, Mich.), Zimmer Spine will exclusively market the LLC to healthcare professionals worldwide.
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  • Preventice Receives CE Mark for System          pr newswire
  • MINNEAPOLIS, Oct. 9, 2013 /PRNewswire/ — Preventice, Inc., announced today that it has received CE Mark certification for its BodyGuardian Remote Monitoring System from the European Commission.
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  • IMRIS and Siemens Healthcare collaborate          pr newswire
  • MINNEAPOLIS, Oct. 9, 2013 /PRNewswire/ – IMRIS Inc. (NASDAQ: IMRS; TSX: IM) (“IMRIS;” or the “Company;”) and Siemens Healthcare today announced that the companies have strengthened their sales collaboration through a new agreement that positions one of Siemens’ most innovative computed tomography (CT) products as the core of the IMRIS VISIUS iCT solution.
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  • Duluth owed $12M from casino          duluth news tribune
  • 10-8 A U.S. District Court judge has ruled that the Fond du Lac Band of Lake Superior Chippewa must pay the city of Duluth an estimated $12.4 million in casino revenue back payments.
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  • Sanchez named Strib editor          star tribune
  • 10-8 Sanchez will take over the top editing job Friday from Nancy Barnes, who was named the new editor and executive vice president of the Houston Chronicle.
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  • Famous Dave’s to add a dozen          twin cities business
  • 10-8 Famous Dave’s of America, Inc., recently announced that four of its franchisees have signed development deals to add a total of 12 new locations.
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  • Marco buys cloud service biz          tech.mn
  • 10-8 Marco, Inc. announced today that it has purchased the hosted/cloud services business of Twin Cities-based InCompass IT.
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  • Minnesota Wild courts foodies          twin cities daily planet
  • 10-8 For the last year or so, Global Groceries has been mostly about exploring ethnic grocery stores and community gardens, searching for the interesting, the foreign, and the exotic. Recently, I had what for me was one of the most colorful adventures since I started writing this column: a few hours inside the world of professional sports.
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  • Lunds buys S. suburban store          mspbj
  • 10-8 Lund Food Holdings Inc. is converting a Prior Lake grocery store it bought into a Lunds location.
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  • Sustainable sushi on Nicollet          mspbj
  • 10-8 A sushi restaurant that plans to serve only sustainable fish is opening soon on Nicollet Avenue in the Kingfield neighborhood of Minneapolis.
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  • Feds seek 25 years for Fry          star tribune
  • 10-8 James Fry, one of the chief sources of funding for the Ponzi scheme engineered by Tom Petters, is scheduled to be sentenced Wednesday and faces a possible prison term of 30 years or more.
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  • Negative sign for mn’s entrepreneurial scene?          twin cities business
  • 10-8 Two studies released this year suggest that Minnesota is not a major hotspot for entrepreneurs, but their methodologies open the door to debate.
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  • Duluth headshop owner guilty          kare11
  • 10-8 MINNEAPOLIS – A Minnesota head shop owner has been convicted of almost all counts against him in a closely watched federal case involving the sale of synthetic drugs.
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  • Building deal near for CenterPoint          star tribune
  • 10-8 A budding tiff between the city of Minneapolis and CenterPoint Energy over the use of the former Neiman Marcus store on Nicollet Mall appears to be near resolution.
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  • True Thai closed          city pages
  • 10-8 After legal woes and financial difficulties, True Thai may finally be closing its doors.
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  • Smyrnios is Schwan’s new CEO          pioneer press
  • 10-8 The Schwan Food Co. has named a Nestle executive to be its next chief executive officer, the Marshall-based food company announced Monday.
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  • Verisae Acquires Hara           business wire
  • 10-8 MINNEAPOLIS–(BUSINESS WIRE)–Verisae, the leading global provider of asset maintenance, energy, and sustainability Software-as-a-Service (SaaS) solutions, today announced the acquisition of Hara Software. Based in San Mateo, California, Hara’s cloud-based software helps sustainability professionals track, report, and execute against cost savings opportunities, compliance requirements, and operational improvements.
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  • Allianz Life Promotes Dave Thom Assistant VP           business wire
  • 10-8 MINNEAPOLIS–(BUSINESS WIRE)–Allianz Life Insurance Company of North America (Allianz Life®) promoted Dave Thom to assistant vice president of Operations Strategy in the Operations division. In this role, Thom is responsible for expense management and workforce planning as well as business technology for Operations. He also leads a team responsible for developing web-based service for customers and financial professionals. Thom reports to Senior Vice President of Operations, Jasmine Jirele.
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  • Samsung not buying BB stake          mspbj
  • 10-7 Samsung on Sunday shot down rumors that its executives were talking with Best Buy Co. Inc., about a possible equity investment. It did not, however, deny that executives were talking about something.
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  • HickoryTech is now Enventis          daily finance
  • 10-7 MANKATO, Minn.–(BUSINESS WIRE)– HickoryTech (NAS: HTCO) today announced it has changed its brand to Enventis across the company’s service area. The company will also seek shareholder approval to change its corporate name to Enventis at its shareholder meeting in May 2014.
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  • Olympus to build new facility in Brooklyn Park          mspbj
  • 10-7 A medical technology unit of Japanese manufacturer Olympus Corp. will disclose plans this week to relocate hundreds of jobs from Maple Grove to a new office and R&D; facility along the Highway 610 corridor in Brooklyn Park.
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  • Keen Eye Coffee now open          city pages
  • 10-7 Just kitty-corner to well-loved brewpub Northbound Smokehouse, Keen Eye Coffee quietly opened two weeks ago in the Standish-Ericsson neighborhood. The shop is making its home in the same space that was once Tillie’s Bean, one of southeast Minneapolis’s few independent coffee shops at the time it closed.
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  • Edina North Face store opens this week          mspbj
  • 10-7 The North Face will open its new store at the Galleria in Edina on Friday.
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  • Medtronic rejected by U.S. high court           pioneer press
  • 10-7 The U.S. Supreme Court left intact a patent ruling that may cost a Medtronic Inc. unit more than $200 million in its clash with Edwards Lifesciences Corp. over devices that repair aortic valves without open-heart surgery.
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  • Carmichael Lynch is a finalist          mspbj
  • 10-7 The Holmes Report has selected Carmichael Lynch Spong as a finalist for one of its Global Agency of the Year awards.
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  • Vital pulls hundreds to Duluth          tech.mn
  • 10-7 Vital 2013: tech+work returned to Duluth last week, convening hundreds of IT professionals from across the country to discuss all things enterprise technology.
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  • Code42 to Present at Gartner Symposium           business wire
  • 10-7 MINNEAPOLIS–(BUSINESS WIRE)–Code42, developers of award-winning, endpoint data protection and management solutions for consumers, businesses and the enterprise, today announced company Co-founder and Chief Executive Officer Matthew Dornquast is presenting at Gartner Symposium/ITxpo 2013 this week in Orlando, Fla.
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  • Digital River Expands Relationship with PayPal           business wire
  • 10-7 MINNEAPOLIS–(BUSINESS WIRE)–Digital River, Inc. (NASDAQ: DRIV) expanded its relationship with PayPal, a company that provides a faster, safer way to pay and get paid online. In addition to being certified as a PayPal provider, Digital River has added PayPal Express Checkout and Bill Me Later to its existing PayPal portfolio. The new payments represent the first in a series of PayPal options that Digital River will make available to its commerce customers. These options enhance Digital River’s current payment offering, which today supports more than 40 international and local payment options in more than 170 currencies.
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  • Now Micro Celebrates 20 Years in Business          business wire
  • 10-7 ST. PAUL, Minn.–(BUSINESS WIRE)–Now Micro, a leading provider of cutting-edge technology solutions and services, celebrates 20 years of business this month. Over the last two decades, amid rapid changes in technology and the marketplace, Now Micro significantly adapted its offerings to meet customers’ evolving business needs and ensure superior customer service. A few years ago, the company added a professional IT services division and most recently renewed its long-standing partnership with the state of Minnesota.
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  • Genesis10 Appoints Nick Swaggert as Director           business wire
  • 10-7NEW YORK & ST.PAUL, Minn.–(BUSINESS WIRE)–Genesis10, a leading business and IT professional services firm, has appointed Nick Swaggert as director of its veterans program. Swaggert, an infantry officer with the United States Marine Corps from 1999-2010, will build on and expand the company’s current veterans program. He is based in the company’s St. Paul, Minn., office.
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  • 2,000 mink released from farm          duluth news tribune
  • 10-7 NEW HOLSTEIN, Wis. — The FBI and Calumet County sheriff’s officials were investigating Sunday after 2,000 mink were set free from a fur farm.
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  • H&M; opens at Ridgedale Thurs.          city pages
  • Last winter, H&M; announced that it would be opening a new store in Ridgedale Center. The Swedish clothing company — which already has locations at Mall of America, Calhoun Square, Maplewood Mall, Woodbury Lakes, and Southdale Center — opens its new location this Thursday, just in time for the holiday shopping season.
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  • Duluth Trading opens in today          mspbj
  • 10-7 Duluth Trading Co. still doesn’t have any operations in Duluth, Minn., but it’s getting closer.
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  • Samsung not buying BB stake          mspbj
  • 10-7 Samsung on Sunday shot down rumors that its executives were talking with Best Buy Co. Inc., about a possible equity investment. It did not, however, deny that executives were talking about something.
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  • Grupo Avance found his niche          minnesota business
  • 10-7 After moving from Mexico to the United States, Juan Ramirez received an MBA from the University of Minnesota and spent part of his career working in corporate America, including stints at IBM and General Electric. But an entrepreneur by nature, he eventually began to ponder other paths.
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  • James Fry faces sentencing          pioneer press
  • 10-5 James Fry, a hedge fund manager convicted this summer on fraud charges stemming from the Tom Petters Ponzi scheme, will learn Wednesday how long he’ll spend in federal prison.
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  • Stratasys deal taking off          star tribune
  • 10-5 On Tuesday, Stratasys started shipping its latest 3-D printer, the MakerBot Digitizer desktop 3-D scanner, a $1,400 device aimed Stratasys, which is based in Eden Prairie and Israel, completed its $398 million acquisition of MakerBot Industries in August, giving it access to retail and entry-level consumers of 3-D printers.
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  • 7west incorporates a feng shu          finance & commerce
  • Property description: Built on the former site of a Grandma’s Restaurant, the 213-unit 7west incorporates a feng shui approach to interior design along with a focus on sustainability.
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  • More Minnesotans default on student loans          kare11
  • 10-5 ST. PAUL, Minn. – Minnesotans are defaulting on their student loans within the first three years of leaving school at a higher rate. Still, the state’s failure rate of 11 percent is better than the national average of 14 percent.
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  • New MN law targets salon safety          kstp
  • 10-5 “It; took me two days to recover,” remembered Chaska Spa Manager Louise Gangelhoff. She’s referring to an incident at the very beginning of her 30 year career.
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  • No verdict yet in head shop trial          duluth news tribune
  • 10-4 MINNEAPOLIS — The three defendants in the Last Place on Earth trial will have to wait until next week to learn their fates, after a jury was unable to reach a verdict during a full day of deliberations Thursday.
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  • Law firm victorious against troll          minnesota business
  • 10-3 Minneapolis law firm Patterson Thuente is celebrating today, and so is Kaspersky Lab, their client.
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  • Bill Linder dies at 92          pioneer press
  • 10-4 WILLMAR, Minn. — Willmar broadcasting pioneer and philanthropist Bill Linder, whose family established radio stations in west-central and southwestern Minnesota as well as a Minnesota farm radio network, has died at age 92.
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  • Shutdown could delay Medtronic          mspbj
  • 10-4 The federal government shutdown will likely delay regulatory approvals of medical devices, including two Medtronic Inc. products that treat heart problems, a market research firm said Friday.
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  • Shakopee retail breaks ground          mspbj
  • 10-4 HJ Development Inc. recently broke ground on a new retail building at its Southbridge Crossings development near Highway 169 and Country Road 21 in Shakopee.
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  • Lake Monster Brewing          city pages
  • 10-4 It’s been a good few months since a new brewery opened in the metro area, so the timing was just perfect for Lake Monster Brewing to come to the surface a few weeks ago. The company is operating with a slightly different model than most of our local breweries.
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  • Inflation hits Vikings stadium          finance & commerce
  • 10-4 A month before dirt moves on the new Vikings stadium in downtown Minneapolis, rising construction costs are kicking up some dust for the project team.
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  • Mayo reaches union agreement          mpr
  • 10-4 ROCHESTER, Minn. — Union nurses and management at the Mayo Clinic Health System hospital in Mankato have agreed on a new three-year contract.
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  • Nicollet Mall developer approved          kare11
  • 10-4 MINNEAPOLIS – If there was any doubt about the enthusiasm for a new plan to revamp the historic Nicollet Mall, there isn’t now. The Minneapolis City Council voted unanimously Friday to approve James Corner Field Operations as the official design team for the makeover of Nicollet Mall.
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  • Middle East eatery squeezes in          minnesota daily
  • 10-4 Mohamad Abdul Ahmad’s new restaurant is skeletal. It has no food yet — only the basics.
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  • John Morgan has no filter          twin cities business
  • 10-4 The always candid John Morgan on building Winmark, investing in Canterbury, and pulling off one of poker’s all-time bluffs.
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  • 4 Nash Finch execs will depart          star tribune
  • 10-4 Four of Nash Finch Co.’s top executives will lose their jobs after Spartan Stores completes its buyout of the Edina-based grocery wholesaler, according to a regulatory filing Thursday.
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  • Ceridian Forms Separate HCM & Payments Businesses           business wire
  • 10-4 MINNEAPOLIS–(BUSINESS WIRE)–Ceridian announces that it has completed the legal separation of its Human Capital Management (HCM) and Payments businesses. Ceridian completed the separation on October 1, 2013 through a series of transactions that result in the Payments business being operated as Comdata Inc. (“Comdata”), and the HCM business being operated as Ceridian HCM Holding Inc.
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  • JAMF Software Announces Sponsors for Conference          business wire
  • 10-4 MINNEAPOLIS–(BUSINESS WIRE)–JAMF Software, developers of the Casper Suite—the leading solution for enterprise management of Apple technologies, including devices such as Mac, iPad and iPhone — today announced the sponsors for the JAMF Nation User Conference (JNUC), which takes place October 15-17, 2013 at the Guthrie Theater in Minneapolis.
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  • Donaldson Issues Fiscal 2013 Form 10-K and Proxy           business wire
  • 10-4 MINNEAPOLIS–(BUSINESS WIRE)–Donaldson Company, Inc. (NYSE: DCI), announced today that its Annual Report on Form 10-K and Notice of Annual Meeting and Proxy Statement have been filed with the U.S. Securities and Exchange Commission. Electronic copies of our Form 10-K, our Notice of Annual Meeting and Proxy Statement, and our 2013 Shareholder Letter are available on our website at http://ir.donaldson.com/shareholder_meeting.html. Shareholders may request free email or paper copies of these documents through one of the following methods:
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  • Solve hires Shawn Hansen          mspbj
  • 10-3 Minneapolis advertising agency Solve has hired Shawn Hansen as account director on the agency’s new Bentley Motors account.
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  • Regions buys motel next door          mspbj
  • 10-3 St. Paul’s Regions Hospital has bought the 51-room Economy Inn that sits next to one of its parking ramps, a deal that could lay the groundwork for a future hospital expansion.
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  • Big plans for Woodbury site          pioneer press
  • 10-3 Plans for a 100-acre office park — with a vacated State Farm building at the center — were unveiled in Woodbury Thursday.
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  • Target enters prepaid phone biz          twin cities business
  • 10-3 The Minneapolis-based retailer’s new mobile plan, Brightspot, uses T-Mobile’s network and provides options for prepaid plans.
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  • Wells Fargo Playing Hardball With New York           the street
  • 10-3 Wells Fargo (WFC_), which dominates the mortgage market and has sometimes taken one-third of it, must have figured it was past the market’s problems after signing off on the $25 billion national industry settlement in 2011, dealing with charges against mortgage holders during and right after the Great Recession.
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  • Maxxum’s New CTO Eyes Healthcare and Other Markets          business wire
  • 10-3 MINNEAPOLIS–(BUSINESS WIRE)–Maxxum, Inc., a regional leader in Secure IT Asset Disposition services, today announced that Ray Davey has joined the company as its Chief Technology Officer. Davey’s charter is to further develop the company’s product and service capabilities, define technology strategies, and provide technical oversight for company operations.
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  • Paul Buckman Joins Conventus Orthopaedics as CEO          business wire
  • 10-3 MINNEAPOLIS–(BUSINESS WIRE)–Conventus Orthopaedics, a company creating less invasive solutions to treat a broad range of challenging peri-articular fractures, today announced the addition of two leading industry veterans to guide the company into commercial operations and market growth. Paul Buckman has joined the company as CEO and David Blue has joined as Chief Commercial Officer.
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  • CSM Corp. Announces Executive Hires          pr newswire
  • MINNEAPOLIS, Oct. 3, 2013 /PRNewswire/ — CSM Corporation today announced two executive hires that will help position the company for future growth as it looks to leverage the current portfolio and take advantage of the improving real estate market.
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  • Dakota Plains Cooperative votes to join CHS Inc.          pr newswire
  • ST. PAUL, Minn., Oct. 3, 2013 /PRNewswire/ — Members of Dakota Plains Cooperative, a full-service agribusiness headquartered in Valley City, N.D., voted last week to approve a merger with CHS Inc. (NASDAQ: CHSCP), an energy, grains and foods company and the nation’s leading farmer-owned cooperative. The proposal passed with a 92 percent approval and will become effective Jan. 1, 2014, pending appropriate due diligence by both organizations and final approval by the CHS Board of Directors.
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  • Island Station sold for $4.05M          finance & commerce
  • 10-2 Eight years after being put up for sale, the Island Station power plant site in St. Paul finally has a buyer.
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  • City after Kmart Lake St. site          sw journal
  • 10-2 The city of Minneapolis is taking over a project to reopen Nicollet Avenue at Lake Street, where Kmart blocks it today. The developer Sherman Associates previously spent a year working to secure site control of Kmart and Supervalu, but left the project last summer.
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  • Little Szechuan to expand          city pages
  • 10-2 Students, start your taste buds. Professors, ready your palates. Little Szechuan, the master of sizzling Szechuan-style heat, is opening its third location near the University of Minnesota.
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  • Cargill a cocoa superpower?          mspbj
  • 10-2 Cargill Inc. is reportedly close to buying Archer Daniels Midland’s cocoa business, a move that would make Cargill one of two dominant firms in the cocoa industry.
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  • TC apartment mania          minnpost
  • 10-2 If local apartment developers have a current theme song, it would have to be “Welcome; to the Boomtown.” In burgeoning areas like the North Loop in Minneapolis, home to Target Field and walking distance from the downtown core, residents are flocking to new buildings outfitted with pools, dog walks, rooftop gardens, bocce courts, and other fancy perks.
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  • Target in top 25 “Most; Inspiring”          twin cities business
  • 10-2 A recent consumer survey suggests that the Minneapolis-based retailer offers an enjoyable experience, gives back to the community, and has passionate employees.
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  • Vikings pick trio of banks          mspbj
  • 10-2 The same trio of banks that financed the San Francisco 49ers’ stadium will do so for the Minnesota Vikings.
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  • Aster Cafe to re-open in style          city pages
  • 10-2 After suffering major damage from a water main break nearly a month ago, Aster Cafe is finally ready to re-open in style.
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  • CaringBridge teams w/Hallmark           twin cities business
  • 10-2 CaringBridge—the Eagan-based provider of websites that allow people dealing with major health issues to communicate with friends and family—has partnered with Hallmark Cards, Inc., to offer co-branded content.
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  • How Sport Ngin reinvests in MN          tech.mn
  • 10-2 Local software maker Sport Ngin has partnered with DinoMights to expose middle school students to introductory website design and development. – See more at: http://tech.mn/news/2013/10/02/sport-ngin-web-academy/#sthash.nQL7ee2z.dpuf
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  • Zayo Group Completes Acquisition Mpls Company          business wire
  • BOULDER, Colo.–(BUSINESS WIRE)–Zayo Group, LLC, an international provider of Bandwidth Infrastructure services, today announced the completion of its purchase of Access Communications, Inc., a provider of Bandwidth Infrastructure services in Minneapolis-St. Paul area for a purchase price of $41 million.
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  • Virtual Real Estate Brokerage Launches in MN          business wire
  • 10-2 MINNEAPOLIS–(BUSINESS WIRE)–BuyerCurious.com, the first real estate website to make home buying possible over the internet, announced today the launch of Empower Realty, the industry’s first online real estate brokerage. The new combination of Empower Realty powered by BuyerCurious.com’s patent-pending technology reduces real estate transaction costs for consumers by as much as 45%. Through Empower Realty’s website, home buyers can initiate electronic offers with the help of licensed professionals and earn a commission rebate on most homes available for sale in the state of Minnesota.
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  • West Monroe Partners Acquires On Point Consulting          business wire
  • 10-2 MINNEAPOLIS–(BUSINESS WIRE)–West Monroe Partners, a full-service North American business and technology consultancy, today announced the acquisition of On Point Consulting, a Minneapolis-based firm specializing in merger integration solutions. The transaction combines West Monroe’s strength in the private equity segment of the M&A; market with On Point’s solutions and expertise in the strategic/corporate buyer market, establishing one of the nation’s premier M&A; advisory firms.
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  • Value Place eyes MN expansion          twin cities business
  • 10/1 Value Place, which describes itself as “the; largest economy extended stay lodging franchise in the United States,” has chosen the Twin Cities as one of five markets in which to expand its franchise.
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  • Seventh Street Social now open          city pages
  • 10/1 Seventh Street Social, a new contemporary comfort classics eatery that is in no way associated with Eat Street or Northeast Social, is now officially up and running in Highland Park.
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  • Lots of competition for ADM HQ          mspbj
  • 10/1 Representatives from all 50 states are likely competing for the new headquarters of Archer Daniels Midland, Minnesota’s highest economic development official said in an interview.
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  • PwC names new top TC exec          mspbj
  • 10/1 PricewaterhouseCoopers has promoted Tom Montminy to managing partner for the accounting firm’s Greater Minneapolis market.
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  • Top 5 late-night coffee shops in Minneapolis          city pages
  • 10/1 Whether you’re a student up late trying to cram for your next test, a writer trying to finish that last chapter, or just about anyone who likes the calm, nighttime ambiance of coffee shops, you know it can be difficult to find a good spot to work after dusk. Fortunately for you, we’ve done the location scouting for you, so you can get down to the work you should be doing.
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  • Bruegger’s opening MOA store          mspbj
  • 10/1 Bruegger’s Bagels is opening a new location in Mall of America’s recent expansion.
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  • Osmo Vanska resigns          fox9
  • 10/1 MINNEAPOLIS (KMSP) – Minnesota Orchestra conductor Osmo Vanska resigned Tuesday morning as the year-long lockout continues. Vanska had been with the orchestra for ten years.
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  • Code42 Launches Secure Enterprise File Sync/Share          business wire
  • 10/1 MINNEAPOLIS–(BUSINESS WIRE)–Code42, developers of award-winning, endpoint data protection and management solutions for consumers, businesses and the enterprise, today launched SharePlan. A secure, enterprise sync and share platform, SharePlan enables users to work without interruption while empowering IT to seamlessly protect and manage enterprise data. SharePlan is available via private cloud, public cloud and hybrid deployments.
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  • The Toro Company Named Finalist for Tekne Awards          business wire
  • 10/1 BLOOMINGTON, Minn.–(BUSINESS WIRE)–The Minnesota High Tech Association (MHTA) has named The Toro Company as a finalist in the agricultural technology category for the 2013 Tekne Awards, which will be held on November 6 at the Minneapolis Convention Center. The Tekne Awards honor Minnesota companies and individuals who have shown superior technology innovation and leadership.
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  • The Tile Shop Appoints Chris Homeister as COO          business wire
  • 10-1 – MINNEAPOLIS–(BUSINESS WIRE)–Tile Shop Holdings, Inc. (NASDAQ:TTS), a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories, today announced the appointment of Mr. Chris Homeister as Chief Operating Officer, a new position within the Company. In this role, Mr. Homeister will oversee supply chain, retail operations and merchandising. This appointment is effective immediately.
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  • BioAmber Makes Final Payment to Cargill          pr newswire
  • MINNEAPOLIS, Oct. 1, 2013 /PRNewswire/ – BioAmber Inc. (NYSE: BIOA) announced today a payment to Cargill for achieving the final milestone in their development agreement, under which BioAmber has exclusively licensed the Cargill yeast technology for succinic acid production. Completion of this milestone signals that the succinic acid producing yeast has met performance expectations. BioAmber began work in August 2013 on a 30,000 MT plant in Sarnia, Ontario, and has engineered the facility to operate with this proprietary yeast.
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  • Savvis to launch Shakopee data center l          pr newswire
  • ST. LOUIS, Oct. 1, 2013 /PRNewswire/ — Savvis, a CenturyLink company (NYSE: CTL) and global leader in cloud infrastructure and hosted IT solutions for businesses, today announced plans to open a new data center in the Minneapolis-St. Paul area in spring 2014.
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  • 3M & TPT launch Sparticl.org           pr newswire
  • ST. PAUL, Minn., Oct. 1, 2013 /PRNewswire/ — Twin Cities Public Television (TPT) and 3M today launch Sparticl.org, a new online and mobile destination offering teens the best in science, technology, engineering and math (STEM) the Web has to offer. Developed to address declining student interest in STEM, Sparticl invites teens into a community of learning, where they can contribute to the content collection as they learn from it. A completely free, online and mobile destination for STEM, Sparticl features articles, videos, games, and hands-on activities from hundreds of sites, all vetted by a team of experts who scour the Web for quality teen-appropriate content.
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  • Developers drawn to Rochester          finance & commerce
  • 9/30 When news broke this week that a development company based in the United Arab Emirates paid $7.7 million cash to buy the seven-story Associated Bank office building at 206 S. Broadway in Rochester and replace it with a five-star hotel, key local players took it in stride.
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  • 17K lbs of frozen pizza recalled          wcco
  • 9/30 MINNEAPOLIS (WCCO) – A central Minnesota pizza maker is recalling more than 17,000 pounds of frozen pizza products after they failed to put a known allergen in the pizzas on the label, the Department of Agriculture says.
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  • Carol Surface goes to Medtronic          mspbj
  • 9/30 Former Best Buy Co. Inc. Chief Human Resources Officer Carol Surface will take over as Medtronic Inc.’s top HR exec Tuesday.
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  • Bloomington Hotel Sofitel sold          mspbj
  • 9/30 The Hotel Sofitel Minneapolis in Bloomington has been sold to WB Hotel Partners, an entity majority owned by Galleria mall developer Warren Beck, according to a source with knowledge of the deal who asked not to be named because they were not authorized to speak publicly.
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  • SAGE announces appointment of new CEO           business wire
  • 9/30 MINNEAPOLIS–(BUSINESS WIRE)–SAGE Electrochromics, the leading manufacturer of electronically tintable dynamic glass, announced today that Dr. Alan McLenaghan, Ph.D., has been named the new CEO of SAGE Electrochromics Inc. Dr. McLenaghan will replace John Van Dine, the founder and CEO since the company’s inception in 1989, who will step down from day-to-day responsibilities. In 2012, SAGE was acquired and became a wholly-owned subsidiary of Saint-Gobain, the world leader in glass and building materials.
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  • Andersen to acquire Weiland          market watch
  • BAYPORT, Minn., Sep 30, 2013 (BUSINESS WIRE) — Andersen Corporation, the leading manufacturer of windows and doors, and Weiland Sliding Doors and Windows, Inc., a leader in the specialty door segment, today announced that they have entered into a definitive agreement under which Andersen will acquire Weiland for an undisclosed amount. The Boards of Director for the two privately held companies unanimously approved the transaction.
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  • Carol Surface goes to Medtronic          mspbj
  • 9/27 Former Best Buy Co. Inc. Chief Human Resources Officer Carol Surface will take over as Medtronic Inc.’s top HR exec Tuesday.
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  • Hormel R&D; chief retiring          mspbj
  • 9/27 Phillip Minerich, vice president of research and development, rose through the ranks after starting as a quality control trainee for the company in 1976. His last day is Dec. 31.
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  • Medtronic’s pancreas approved          pioneer press
  • 9/27 Medtronic Inc., the world’s largest maker of heart-maker devices, won U.S. regulatory approval for the first artificial pancreas that shuts itself off when a patient’s blood sugar levels get dangerously low.
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  • 3M Partners With Evernote To Turn Post-its Digital          twin cities business
  • 9/27 Consumers may now take pictures of their Post-it Notes and, using a new mobile app, transform them into digital notes that can be saved and organized on a user’s mobile device.
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  • A Hard Cider Taproom Comes To Mpls          twin cities business
  • 9/27 Sociable Cider Werks hopes to open a taproom and begin selling its hard cider products commercially by late December.
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  • U.S. Bank owes 2.7 million people for overdrafts          star tribune
  • 9/27 About 2.7 million people have received notifications this month that U.S. Bank owes them refunds as part of a $55 million overdraft settlement.
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  • Report: Cargill got Colombian land meant for small farmers          minnesota public radio (mpr)
  • 9/27 Thousands of acres of land in Colombia bought by agribusiness giant Cargill should have gone instead to small-scale farmers, the social justice group Oxfam America says.
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  • Donaldson Co. Authorizes Share Repurchase Program          business wire
  • 9/27 MINNEAPOLIS–(BUSINESS WIRE)–Donaldson Company, Inc. (NYSE: DCI), announced today that its Board of Directors authorized the repurchase of up to 15 million common shares, or approximately 10 percent of its outstanding shares. The new repurchase authorization replaces the existing authority that was approved in March 2010. The Company has repurchased 14 million shares out of the 16 million shares in the March 2010 authorization. The new 15 million share authorization is effective until otherwise modified by the Board.
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  • Another high-end apt complex          star tribune
  • 9/26 The West End, a 32-acre mixed-use development in St. Louis Park that is already home to an upscale apartment complex, could get another under a proposal from a Florida developer.
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  • Now Open: Union Fish Market          city pages
  • 9/26 For now Union Fish Market will only be open for dinner. Chef’s specialties include butter-poached Maine Lobster with lemongrass consommé; skate wing with brown butter and roasted hazelnuts; and an Asian-inspired charred Dungeness crab dish with sesame, chili, lime, sambal, and sticky rice.
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  • New burger chain opens in TC          mspbj
  • 9/26 Fast-growing burger chain Jake’s Wayback Burgers hopes its nostalgic burger concept takes hold in the Twin Cities when it its first store here in early October.
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  • HealthEast gets Paul Torgerson          mspbj
  • 9/26 HealthEast Care System named Paul Torgerson, a Dorsey & Whitney partner and former Fairview Health Services executive, chief administrative officer.
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  • Medtronic gets $10M in dispute          mspbj
  • 9/26 Medtronic will receive about $10 million after settling a patent infringement lawsuit it filed against Insulet Corp., which makes medical devices that treat diabetes.
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  • Google helps CoCo          star tribune
  • 9/26 Google Inc. said Wednesday that it will become a financial and technical partner with technology workspace firm CoCo in Minneapolis and similar companies in six other cities.
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  • Mpls.LeadPages lands $5m          tech.mn
  • 9/26 Minneapolis startup LeadPages has raised a $5m first round of equity financing to scale their rapidly growing SaaS for Internet marketers who create, deploy and optimize responsive conversion pages.
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  • Can target stand out online?          twin cities business
  • 9/26 Months after hints surfaced that Target Corporation was launching a video streaming service, the Minneapolis-based retailer said Wednesday that it is officially rolling out its new platform, called Target Ticket.
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  • H.B. Fuller Reports Third Quarter 2013 Results          business wire
  • ST. PAUL, Minn., Sept. 25, 2013 /PRNewswire/ — H.B. Fuller Company (NYSE: FUL) today reported financial results for the third quarter that ended August 31, 2013.
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  • Code42 Wins Two 2013 Stevie Awards          business wire
  • 9/26 MINNEAPOLIS–(BUSINESS WIRE)–Code42, developers of award-winning, private and public cloud-based endpoint backup solutions for consumers, businesses and the enterprise, today announced the company’s CrashPlan PROe enterprise endpoint backup solution won Stevie Awards as a Best New Product or Service of the Year for Software in the “Cloud; Application/Service ” and “Security; Solution ” categories.
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  • Andersen Corporation Promotes Susan M. Roeder           business wire
  • 9/26 BAYPORT, Minn.–(BUSINESS WIRE)–Andersen Corporation today announced the promotion of Susan M. Roeder to director of Public Affairs. In this new role, Roeder will be responsible for growing the Andersen public outreach in all communities where we have a presence.
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  • State Farm campus may be sold          pioneer press
  • 9/25 One of the biggest real-estate headaches in Minnesota might be cured with the tentative sale of the 100-acre State Farm insurance site in Woodbury.
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  • Tower near MOA to be sold          mspbj
  • 9/25 A Pittsburgh investment company is buying the gold-colored Riverview Office Tower near the Mall of America for $29 million.
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  • Carlson Inc. appoints new CFO          twin cities business
  • 9/25 Carlson, Inc.—a Minnetonka-based hospitality company whose brands extend into the restaurant, hotel, and travel industries—announced Monday the appointment of a new CFO.
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  • TC on short list for ADM HQ          star tribune
  • 9/25 The Twin Cities reportedly is on a closely guarded shortlist of sites for a new global headquarters for agribusiness giant Archer Daniels Midland Co.
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  • Robbinsdale: a foodie destination          minnpost
  • 9/25 The Minneapolis skyline is visible from Robbinsdale’s West Broadway Avenue, but unlike some neighboring first-ring suburbs, the little city has a flourishing downtown and a growing population.
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  • New Spyhouse opens in NE          city pages
  • 9/25 Bathed in early morning sunlight, Spyhouse Coffee at the corner of Broadway and Central in Northeast Minneapolis is bustling.
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  • Target Introduces Target Ticket           business wire
  • 9/25 MINNEAPOLIS–(BUSINESS WIRE)–Today Target®Corp. (NYSE:TGT) announced that Target Ticket, its new digital video service, is available to guests nationwide. The convenient service, ideal for families with children, gives guests an easy way to access and enjoy their favorite titles on their preferred digital channels and devices anytime, anywhere.
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  • Ecolab Foundation Awards $912,000 to Teachers          business wire
  • 9/25 ST. PAUL, Minn.–(BUSINESS WIRE)–In keeping with its tradition of supporting community schools, Ecolab Inc. has awarded $912,000 in grants to K-12 teachers through the Ecolab Foundation’s 2013 Visions for Learning grant program, a 22 percent increase from 2012’s $710,000 in grants to teachers. More than 280 schools and thousands of students nationwide benefited from this year’s Visions for Learning program, including the distribution of $200,000 in grants to educators in the St. Paul, Minn., area, the home of Ecolab’s world headquarters.
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  • CHS commits $3 million to make agriculture safer          pr newswire
  • MINNEAPOLIS, Sept. 25. 2013 /PRNewswire/ — CHS Inc., (NASDAQ: CHSCP) the nation’s leading farmer-owned cooperative and a global energy, grains and foods company, announced today it has committed $3 million to a national agriculture safety initiative intended to keep next generations safe as they strive to feed a growing world.
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  • Weak Q3 sales for Target?          mspbj
  • 9/24 More bad news on the retail front points to weak consumer spending heading into the holiday shopping season.
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  • Schwan Food CEO resigns          mspbj
  • 9/24 Schwan Food Co. CEO and President Greg Flack will step down after five years in the position, the Marshall-based frozen food company said Tuesday.
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  • Avtex Hosting Annual Conference: Engage 2013          business wire
  • 9/24 MINNEAPOLIS–(BUSINESS WIRE)–Avtex, a national provider of customer experience technologies and services announces its annual conference taking place on October 3, 2013, with the theme Engage: Navigating the Digital Journey.
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  • Simonson’s Salon & Spa Names New HR Administrator          business wire
  • MINNEAPOLIS–(BUSINESS WIRE)–Simonson’s Salon and Spa, the award winning salon and spa, is pleased to announce that Alissa Staloch has joined their team as the new Human Resources Administrator and Executive Assistant.
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  • Securian’s Swanson Named “Top; Woman in Finance”          business wire
  • 9/24ST. PAUL, Minn.–(BUSINESS WIRE)–From her first day at Securian in the 1970s, Nancy Swanson’s professional credo was, “Get; to work early, stay late, and say no to nothing in between.” Strict adherence to this standard from her first day as a 19-year-old typist in the steno pool led to a vice presidency and the critical role of chief corporate compliance officer.
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  • Bill Nicklow dies after fall          mspbj
  • 9/24 Bill Nicklow, the owner of several Twin Cities restaurants over the past 40 years, died following a fall that left him in a coma.
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  • Target monitors worker protests          minnesota public radio (mpr)
  • 9/24 Target and other retailers are keeping an eye on violent protests by garment factory workers in Bangladesh who are demanding higher wages.
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  • U’s largest housing complex yet          minnesota daily
  • 9/24 Now that CSL Plasma has found a new location in Uptown, CPM Companies can start building its 11-story Stadium Village apartment complex.
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  • Oracle Centre in Mpls sold          star tribune
  • 9/24 The Oracle & International Centre, a top-notch office building located smack dab in the Minneapolis central business district, has been sold to a joint venture between New York-based Investcorp International and Minneapolis based Wildamere Properties, according to CBRE, which represented the seller.
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  • Twin Cities apartment mania          twin cities business
  • 9/24 Is the $1 billion apartment development market being driven by demand or a risky mix of hype and cheap financing?
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  • Techne opens up with new CEO          mspbj
  • 9/23 Techne Corp. is scouting for acquisition targets and plans to expand further into China.
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  • Medtronic settles wage suit          star tribune
  • 9/23 Medtronic Inc. will pay $290,000 to settle a wage discrimination lawsuit that accused the company of paying 78 Hispanic workers in Massachusetts less than their white counterparts for five years, the U.S. Department of Labor said Monday.
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  • Affordable housing in Chaska          star tribune
  • 9/23 It’s not often you hear about affordable housing these days, but U.S. Bank and Everwood Development said Monday they have closed on a $16.3 million financing package for the Creeks Run Townhomes in Chaska.
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  • Verdant tea house, calm lifestyle          minnpost
  • 9/23 Slender and soft-spoken, David Duckler doesn’t look like a spy. And he’s probably not. But it was a boost from the CIA that started him on the path to opening a tea house in the Seward neighborhood of Minneapolis.
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  • A look at the new Whole Foods          city pages
  • 9/23 Sure, Whole Foods technically already has one location in Minneapolis. But on the west side of Lake Calhoun, that store might as well be in St. Louis Park.
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  • Digi-Key expanding its Fargo presence          prairie business
  • 9/23 FARGO – Digi-Key, an electronic parts supplier to the world and a major economic anchor in Thief River Falls, Minn., has established an order fulfillment center in Fargo.
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  • Minneapolis to build 100 &#39eco-friendly’ homes          minnesota public radio (mpr)
  • 9/21 MINNEAPOLIS — The City of Minneapolis and a coalition of partners plan to build 100 “eco-friendly;” homes on vacant lots in north Minneapolis over the next five years as part of an effort to boost home values and ownership in the area.
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  • Gopher Grocery injects tech          pioneer press
  • 9/21 William Orkin’s bread and butter is bread and butter.
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  • Rockler opening flagship store in Maplewood          pioneer press
  • 9/20 Score another one for Maplewood when it comes to destination stores.
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  • Leonard, Street and Deinard Announces Merge          pr newswire
  • KANSAS CITY, Mo. and MINNEAPOLIS, Sept. 23, 2013 /PRNewswire/ — Stinson Morrison Hecker and Leonard, Street and Deinard, two of the leading full-service law firms in the Midwest, today announced that they will merge to become one of the largest law firms in the U.S.
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  • Gravie Kick-Starts Era of Insurance Independence          pr newswire
  • MINNEAPOLIS, Sept. 23, 2013 /PRNewswire/ — Significant changes about to take effect in the health insurance market have created the need for Gravie, a new company that will help individuals select, buy and pay for their own health insurance, as well as maintain all of their health affairs in one place.
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  • ORC Hires Brian Cruikshank to Lead Mpls Office          pr newswire
  • NEW YORK, Sept. 23, 2013 /PRNewswire/ — Global market research firm ORC International has appointed Brian Cruikshank as Senior Vice President. Brian joins ORC International with more than 24 years’ experience in market research. He will be responsible for expanding the services provided through ORC’s Minneapolis office with a focus on the company’s core concentration in the Customer, Employee, Markets and Products, and Strategy research areas.
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  • Big-D Construction Opening Minnesota Office          pr newswire
  • MINNEAPOLIS, Sept. 23, 2013 /PRNewswire/ — Big-D Construction (www.big-d.com) has opened an office in Minneapolis, Minnesota. The office is located in the Tractorworks Building, which is part of the Minneapolis Warehouse District (800 Washington Ave North, Suite 900).
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  • WaHu near U clears final hurdle          minnesota daily
  • 9/21 Work can start by December on the 333-unit WaHu student housing project east of TCF Bank Stadium now that the Minneapolis City Council has approved the move of a plasma center across the city.
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  • 3M turning leaves into sponges          star tribune
  • 9/21 An agave plant might conjure images of happy hour with margaritas or a cup of tea sweetened by agave nectar. Researchers at 3M had something different in mind.
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