MERGERS AND ACQUISITIONSCarlson & Stewart Refrigeration, Marshall, Minn., has acquired Central Minnesota Refrigeration Inc., Sauk Rapids, Minn. The new company, now operating solely as Carlson & Stewart, maintains the Sauk Rapids location and its 15 service technicians and customer service employees. Both companies provide refrigeration systems to the meatpacking, poultry, dairy, beverage, bakery and cold storage industries.
NEW PRODUCTSSt. Jude Medical Inc., Little Canada, said it has received U.S. Food and Drug Administration approval of its Unify Quadra cardiac resynchronization therapy defibrillator and Quartet left ventricular quadripolar pacing lead. The company will begin shipping the products immediately.
NEW BUSINESSMayo Clinic, Rochester, and the Swedish medical university Karolinska Institutet will sign a long-term agreement to collaborate on education, research and innovation.
3M Co., Maplewood, has opened a new plant in Ribeiro Preto, Brazil, to ramp up its production of 3M Glass Bubbles designed for use as a lightweight, ultra-high-strength filler in pipe insulation, drilling fluids, drill riser buoyancy and cementing operations for oil and gas exploration and development.
Eastern Bank, Boston, has partnered with Elan Financial Services, a unit of U.S. Bancorp, Minneapolis, to offer Eastern Bank Visa credit cards.
PERFORMANCEThe Commission on Collegiate Nursing Education has accredited Capella University's Master of Science in Nursing and Bachelor of Science in Nursing online degree programs.
DEBT AND EQUITIESRimage Corp., Edina, has aproved a quarterly dividend of 17 cents per share, an increase from 10 cents, payable Dec. 15 to shareholders of record on Nov. 30.
