Local company news

  • Article by: Wire services
  • Updated: February 14, 2013 - 8:07 PM

DEBT AND EQUITIES

Medtronic Inc., Fridley, approved a cash dividend of 26 cents per common share, payable April 26 to shareholders of record on April 5.

PERSONNEL

Nortech Systems Inc., Wayzata, has named Richard Wasielewski president and chief operating officer, effective immediately. Mike Degen will retain his role as chief executive officer. Wasielewski most recently was senior vice president.

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