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CEO Vicki Holt called it a strong end to a good year for the Maple Plain injection molding firm.
The company warned of a big impairment charge for its Valves and Controls unit.
The company had said a sale was possible, but has decided to expand the business instead.
60,000 Minnesotans work in jobs shaped by recycling, MPCA reports
State factories lead region, but still face pressures.
The federal Bureau of Prisons declined to say why he was moved.
Minnesota's two premier off-road vehicle makers are battling in court once again.
It's his second lawsuit against the company.
Company lost about $30 million from idling iron ore plants in Minnesota and Michigan amid industry restructuring.
Stock spikes despite impact of strong dollar.
A fired executive assistant sued Starkey Laboratories late Wednesday for allegedly breaching an employment contract, while the company responded with claims that she stole from a secret fund.
Latest deal involves a foam adhesives business.
Starkey Laboratories' ousted president on Friday sued the company, while the firm's attorney said the former official had stolen millions of dollars.
Fastenal Co.’s fourth-quarter profit fell 5.5 percent and came in just below Wall Street expectations, dented by lower demand from oil and gas customers and…
The strong end to 2015 is expected to carry into '16.
Layoffs were announced amid financial struggles.
Magnetation's Bovey plant is its second to go idle since April.
That is on top of the $155 million charge it took against third-quarter earnings for the very same reason.
CEO calls $157M deal "transformational" for Roseville chemical firm.
Strong dollar, other factors thump Minnesota, Midwest manufacturers.
Essar must begin payments in February and must pay at least $10 million to the state by March 31. The remaining $56 million of the loan will then be repaid in 16 quarterly installments beginning in 2017.
Starkey Hearing Technologies officials say the company is not under federal investigation for criminal wrongdoing but is instead a victim of a possible crime.
Company says that 2016 sales should grow 1 to 3 percent.
Steering issues, fires and oil leaks were a concern in its second recall of 2015.
More than a half-dozen Minnesota vendors still owed more than $18M
Donaldson Co. hired Imation's former CFO as its own chief financial officer.Scott Robinson, 49, will start in his new position Tuesday, the company said.The Bloomington-based…
The company is now current on $20 million in payments to state vendors.
Snowplow acquisition gives Bloomington firm big earnings jump
Gov. Mark Dayton hopes to announce Thursday whether he will order Essar Steel Minnesota to pay back $66 million in state incentives toward a $1.9…
Closely watched survey of Midwest firms shows strong dollar, sagging energy sector were factors
Gov. Mark Dayton has delivered an ultimatum to Essar Steel Minnesota: If the company fails to pay its vendors immediately, he’ll call the company’s $66…
Industrial demand for filters continues to slow.
Sales to Canada fell 27 percent; dollar still strong.
The quarter was first to include both a major acquisition and divestiture.
Exchange rates have effect on fourth-quarter results.
The Plymouth-based maker of Sleep Number beds alleges patents have been violated.
A tight labor market leaves short-staffed businesses scrambling to recruit, retain and even transport workers.
Turmoil and firings have left hearing company with no leaders and little choice.
Magnetation already has idled its Keewatin plant and filed for bankruptcy protection.
The generous spirit of Alice Mae Evans will live for generations. Evans fed, bathed, loved and reared neglected children throughout her 87-year life, even as…
Cliffs Natural Resources is halting work at its Northshore Mining taconite site, renewing regional economic fears.
A new Toro hybrid mower/snowplow is aimed at the professional landscaping market.
Company is one of 8 initial sponsors under new marketing deal
Weakness in important export markets is taking a toll on manufacturers throughout the Midwest
Federal agents executed search warrants on the homes of two former Starkey executives, the latest turn in action that started with firings of the company's top management in September.
The industry slowed in Minnesota and the Midwest, which raises bigger concerns about the overall economy's health.
The company lowers 2015 earnings expectations.
Complaints have been made to state officials about the situation, and companies have considered pulling employees.
The $52.8M biochemical plant would be in Mountain Iron.
Company said currency pressure is hurting its overall sales growth.
The financial buckings of 3-D printer Stratasys Ltd. reared again this week with news that the company will post yet another loss, this time $150 million to $190 million for its third quarter.
Fourth-generation family member tapped to succeed 20-year president Susan Marvin.
The company faces challenges abroad in the wake of a high U.S. dollar, slumping oil prices, and woes in several key business sectors.
Company revealed new products in third quarter.
Company still beat Wall Street expectations.
Slumping oil and industrial sectors nip sales and profits, prompting a narrowed forecast for the year.
Former executive alleges wrongful termination.
Company said the deal enhances its small-business services niche.
$431,000 fine involving Whitehall, Wis., plant followed two others. Firm denied the allegations.
Iron Range mill project that got $72 million in subsidies has fallen short, competitor said.
Bloomington company gets six months to sort out an accounting problem in Europe.
The transaction ends a decade of ownership of the Bloomington school products firm by private equity investors.
Robert Fernander joined the company's board in May after a proxy battle.
The company's CFO will move to the top post.
It will offer $1.25 million in back pay and 171 jobs to people in Atlanta and Indianapolis.
The company, focusing on core businesses, also selling French sign and license plate fabricator.
RZR 900 and RZR 1000 models because of fire risk in vent lines.
New Arctic Cat CEO Chris Metz is working to raise the company's profile with product launches, new ads and more visibility in the industry.
A lawsuit filed Friday alleges that Starkey Laboratories CEO Bill Austin fired President Jerry Ruzicka and seven other employees earlier this month in retaliation for Ruzicka's refusal to promote Austin's stepson
Company notified city Friday of the downsizing.
As debt repayment talks continue with the state, Essar Steel Minnesota this week is touting the better-than-predicted progress made in Nashwauk, the site of a…
The struggling company will take up to $160 million in charges for major restructuring plan
The United Steelworkers union and Cliffs Natural Resources agreed to extend their labor contract for 30 days so bargaining talks can continue. The original contract,…
Negotiations continue after the company's deadline miss.
Changes include exiting its non-European tape business and ends its TDK agreement.
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