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Dee DePass

Reporter | Manufacturing
phone: 612-673-7725
Dee DePass covers the manufacturing industry for the Star Tribune with an eye toward new products and technology, job growth and distribution developments in Minnesota.
Recent content from Dee DePass
Imation posts 1Q loss of $14 million

Imation posts 1Q loss of $14 million

Results were better than analysts expected, but stock still down.Imation posts 1Q loss.
Magnetation files for Chapter 11 bankruptcy

Magnetation files for Chapter 11 bankruptcy

Iron ore company on Minnesota’s Iron Range says operations and pay will continue.

Donaldson stock down as officials try to explain bad forecast

Filtration firm said 2015 revenue, earnings will be less than forecast.
Patterson Companies to pay $1.1 billion for Animal Health International

Patterson Companies to pay $1.1 billion for Animal Health International

The purchase will double the Mendota Heights company’s veterinary supply business.
Manufacturing in Minnesota and Midwest up in April

Manufacturing in Minnesota and Midwest up in April

The Creighton University report for April allayed fears after a worrisome March.

Donaldson Co. lowers 2015 forecast for third time in six months

The company cited soft engine product sales, weak China industrial orders and impact from the strong American dollar.
A.K. Steel CEO's actions could spell more trouble for Magnetation

A.K. Steel CEO's actions could spell more trouble for Magnetation

The Iron Range’s Magnetation faces the possible loss of part-owner A.K. Steel’s business.
Talk of new plant, not layoffs by Cliffs Natural Resources in Minnesota

Talk of new plant, not layoffs by Cliffs Natural Resources in Minnesota

During global cutbacks, the state could even gain jobs if an iron facility moves ahead.
Taconite layoffs spread worry across the Iron Range

Taconite layoffs spread worry across the Iron Range

Iron workers, neighbors worry about next job as global taconite crisis hits home and downturn in steel industry costs 1,100 jobs in Minnesota.
Oil, electrical use decreases slowed industrial production in March

Oil, electrical use decreases slowed industrial production in March

The Federal Reserve report was weaker than analysts expected.
Fastenal Company's 1Q beats street's profit estimates

Fastenal Company's 1Q beats street's profit estimates

Increased staffing and vending machines helped.
Valspar opens $45 million plant in China

Valspar opens $45 million plant in China

The firm’s eighth center there comes as CEO lauds the country’s market.

Arctic Cat considers expanding its Thief River Falls plant

Investment depends on whether it gets property tax subsidies.
Pentair stock falls after surprise lowering of first-quarter forecast

Pentair stock falls after surprise lowering of first-quarter forecast

Company blamed surprise move on stronger dollar, slower orders.
Andersen to add 300 workers, spend $45M, in state expansion

Andersen to add 300 workers, spend $45M, in state expansion

As Andersen opens a newly expanded plant in Bayport, it says it also will expand in North Branch and Cottage Grove.
New Toro sprayer helps golf courses go green — and save money

New Toro sprayer helps golf courses go green — and save money

Toro product cuts turf chemical use by 7 to 14 percent — making it more friendly for the environment and pocketbook.
Minnesota factories report flat growth in March

Minnesota factories report flat growth in March

A key economic report shows slower growth for nine Midwestern states.
U.S. Steel to idle Minntac in June

U.S. Steel to idle Minntac in June

The move comes after U.S. Steel announced earlier this month that it would idle its plant in Keewatin.
Eagan-based Norcraft Cos. to be acquired by Fortune Brands in $600 million deal

Eagan-based Norcraft Cos. to be acquired by Fortune Brands in $600 million deal

The price represents a nearly 20 percent premium for a cabinet maker fresh off an earnings turnaround.
Sluggish durable goods report latest concern for manufacturers

Sluggish durable goods report latest concern for manufacturers

“What’s the saying? ‘Get used to disappointment,’ ” said Scott Anderson, chief economist at Bank of The West.
Clinton Group appeals to Imation shareholders for changes

Clinton Group appeals to Imation shareholders for changes

The N.Y. investment firm seeks three board seats in a move opposed by management.
Midsize companies: Looking far beyond paychecks

Midsize companies: Looking far beyond paychecks

Walk into the Periscope ad agency in downtown Minneapolis on any given day and it’s possible to bump into a basset hound, puggle, Shih…
State hoping to increase trade with Mexico

State hoping to increase trade with Mexico

This summer, Gov. Mark Dayton will lead Minnesota’s first trade delegation to Mexico in 15 years.
Valspar pledges another $36 million in paint to Habitat for Humanity

Valspar pledges another $36 million in paint to Habitat for Humanity

Longtime Habitat for Humanity donor will give $36 million worth over 5 years.

3M to open tech center in western China

The move helps the company expand into the western part of China.

Ziegler Caterpillar to open parts, sales facility in Willmar

A daily shuttle system will connect the facility with Ziegler’s other locations.Ziegler Caterpillar to open parts, sales facility in Willmar

3M completes purchase of Ivera Medical Corp.

The purchase gives 3M a firm that makes disinfected IVs and catheters.3M completes Ivera Medical acquisition
U.S. Steel to idle plant in Keewatin, furloughing about 400 workers

U.S. Steel to idle plant in Keewatin, furloughing about 400 workers

This is the second plant on Minnesota’s Iron Range to announce layoffs in three weeks.
New 3M ad campaign emphasizes tech products

New 3M ad campaign emphasizes tech products

A new ad campaign is engineered to show how its know-how applies to everyday life.

Smiths Medical receiving $877,133 state economic development grant

The money will go toward the company’s move from Arden Hills to a larger facility in Plymouth.
3M Co. sues German dental firm alleging patent infringement

3M Co. sues German dental firm alleging patent infringement

It’s the third dental-related suit in 16 months for the company.
Enlarged auto show opens Saturday with a nod to luxury

Enlarged auto show opens Saturday with a nod to luxury

Featured will be 450 vehicles that will span all four halls of the Minneapolis Convention Center.

Shareholder group wants seats on Select Comfort's board of directors

The mattress maker, in an SEC filing, said it rejected Blue Clay Capital’s proposal.
3M pledges it won't buy pulp or fiber from deforested areas

3M pledges it won't buy pulp or fiber from deforested areas

The new policy creates a truce with longtime critic ForestEthics.

Stratasys posts $92 million loss in fourth quarter

$102M charge is related to its MakerBot division.
Midwest manufacturers grow in February despite job losses

Midwest manufacturers grow in February despite job losses

However, growth slowed in exports and employment in February, report shows

Limping Stratasys to release earnings Monday

After alarming investors with news of a big setback, the 3-D printer firm will report earnings.
Minnesota exports hit $21.4B in 2014

Minnesota exports hit $21.4B in 2014

Minnesota farms, factories and mines exported a record $21.4 billion worth of goods in 2014 amid a surge of orders from Mexico and Japan, state officials said Friday.
Magnetation to idle Keewatin iron ore plant indefinitely

Magnetation to idle Keewatin iron ore plant indefinitely

Free-falling iron ore prices hit northern Minnesota this week with Magnetation LLC deciding to idle its Keewatin processing plant.The global price of concentrated iron ore…

Donaldson Co. 2nd-quarter earnings down 15 percent

The Bloomington firm was hurt by the depressed ag equipment market.
Ecolab posts strong quarter despite oil price concerns

Ecolab posts strong quarter despite oil price concerns

The fourth quarter earnings met analysts’ expectations.Ecolab posts strong quarter despite oil price concerns
3M to make $1B acquisition, biggest in 8 years

3M to make $1B acquisition, biggest in 8 years

Deal for an ultrafiltration firm is its biggest in eight years.
Glass exterior of Vikings stadium rolling off Owatonna factory's line

Glass exterior of Vikings stadium rolling off Owatonna factory's line

The project is another piece of new growth for Viracon.

3M to buy medical device firm Ivera

Health care division will expand by gaining Curos brand of IV products.
Toro posts improved first quarter thanks to the snow

Toro posts improved first quarter thanks to the snow

Bloomington company posts improved first quarter, raises its forecast for 2015
Obituary: Trailblazing Minnesota legislator Sally Luther dies at 96

Obituary: Trailblazing Minnesota legislator Sally Luther dies at 96

Former journalist strived to push boundaries throughout her long life.

After loss, Imation looking at options

The struggling Oakdale firm posted losses for the quarter and year.

ABRA Auto Body & Glass expands into Washington state

The acquisition of two companies gives ABRA seven new locations in Pacific Northwest.

Alliant spinoff, merger completed

Sporting ammunition business is now Vista Outdoor Inc.
Stratasys sued after earnings disappointment

Stratasys sued after earnings disappointment

Law­suit alleges the company in­flat­ed earn­ings fore­casts.

3-D printing purchase helps Proto Labs results

Stock shot up 16 percent in early trading after the Maple Plain company announced it had exceeded Wall Street expectations.
BNSF to boost spending on upgrades in Minnesota

BNSF to boost spending on upgrades in Minnesota

The railway plans to spend $326 million on Minnesota tracks.
U.S. manufacturing on the rise, trade group chief says

U.S. manufacturing on the rise, trade group chief says

Jay Timmons, head of a national trade group, addressed the Economic Club of Minnesota.
Pentair beats Wall Street estimates

Pentair beats Wall Street estimates

The company beat analysts’ estimates for the fourth quarter.
Stratasys shares plunge following downcast outlook

Stratasys shares plunge following downcast outlook

The maker of 3-D printers predicts loss for fiscal 2014 and lowered forecasts for 2015.Stratasys shares plunge following downcast outlook

OSHA fines Ashley Furniture $1.77M for violations

Ashley Furniture is disputing findings, which include workers in Arcadia, Wis., suffering finger amputations.

Midwest manufacturers bucked the national trend, showed January growth

Minnesota and other Midwest manufacturers buck national slowdown.
Donaldson Co. names new CEO

Donaldson Co. names new CEO

Tod Carpenter, who has been chief operating officer for the past year, will become the top leader at Donaldson in April.
Polaris' 3-wheeler Slingshot recalled

Polaris' 3-wheeler Slingshot recalled

Polaris’ 3-wheel Slingshot motorcycle recalled. No injuries reported.
Rochester IBMers await word about possible layoffs

Rochester IBMers await word about possible layoffs

The company isn’t saying whether planned cuts will affect Minnesota operations.
Arctic Cat beats profit expectations but lowers 2015 forecast

Arctic Cat beats profit expectations but lowers 2015 forecast

Third-quarter earnings beat analysts’ expectations.
3M posts positive fourth quarter, beats Wall Street estimates

3M posts positive fourth quarter, beats Wall Street estimates

3M again saw growth across all its businesses. Executives expect faster growth this year.
Polaris profits jump 25%; firm expects slower 2015

Polaris profits jump 25%; firm expects slower 2015

The Medina-based firm beat analysts’ estimates for the fourth quarter.

Paper giants Rock-Tenn, MeadWestvaco announce merger

The Rock-Tenn Co. paper recycling giant will merge with MeadWestvaco to form a $15.7 billion manufacturer of cardboard cartons, boxes and corrugated paper, officials announced Monday.

Graco posts record quarter, still misses Wall Street's profit expectations

Company sees fourth-quarter record sales from all divisions and regions.
'Cool' ideas receive funding through Proto Labs contest

'Cool' ideas receive funding through Proto Labs contest

Winning entrepreneurs will receive a total of up to $250,000 in free manufacturing
Making a good cup of joe, plus fertilizer and soap, from a coffee bean

Making a good cup of joe, plus fertilizer and soap, from a coffee bean

One Faribault coffee roaster wanted to stop wasting the bean husks ­— and expects to make $5 million in the next five years with his consumer products.

Fastenal posts strong growth in fourth quarter

The Winona-based company reached profit expectations but fell short on revenue.

Polaris buys Brammo Inc.'s electric motorcycle business

Polaris will now begin making electric motorcycles in IowaPolaris buys Brammo Inc.’s electric motorcycle business
Taconite firms on Iron Range squabble over legislative help

Taconite firms on Iron Range squabble over legislative help

Essar Steel Minnesota wants out of a pledge to build a steel plant in Nashwauk by October 2015. Cliffs Natural Resources asks legislators to not give Essar a seven-year extension, which would force Essar to repay $65.9 million in state grants.
Polaris to get $80M in tax, other breaks for new Alabama factory

Polaris to get $80M in tax, other breaks for new Alabama factory

The state of Alabama and the city of Huntsville, site of the ATV factory, offered land, cash and job-training assistance.
State grants aim to get more women in hard hats

State grants aim to get more women in hard hats

$475,000 will go toward training in fields traditionally male-dominated

Polaris to build large ATV plant in Alabama

Construction begins this spring on the ATV plant in Huntsville.
February 2012: Denny Hecker's wife freed from prison

February 2012: Denny Hecker's wife freed from prison

Christi Rowan Hecker had served 12 months for fraud; she's on probation for 5 years.

Microelectronics maker HEI seeks bankruptcy restructuring

The maker of components for hearing aids lost some major customers.
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