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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
Toro's 2nd-quarter results beat expectations

Toro's 2nd-quarter results beat expectations

Lawn mower maker credits good spring weather, bigger retail presence and new products.

Patterson reports solid fourth quarter earnings

The company’s results met expectations and were driven by double-digit sales of dental supplies.

Donaldson profit sank 31 percent, but beat Wall Street expectations

Bloomington-based filtration maker blames sagging farm and mining equipment sales.
Imation shareholders shake up board

Imation shareholders shake up board

The Clinton Group won three of embattled firm’s board seats, including the one currently held by the company’s CEO.
Lawmakers approve $4 million loan to Cirrus Aircraft for jet factory in Duluth

Lawmakers approve $4 million loan to Cirrus Aircraft for jet factory in Duluth

The loan will be forgiven if the plane manufacturer meets certain goals set by the state.
Obituary: Norton Jervis Erickson, 94, could fix almost anything

Obituary: Norton Jervis Erickson, 94, could fix almost anything

Gratitude, a quick mind and quicker hands helped Norton Erickson use whatever he had — and use it well — as he built a successful…

Joc O'Rourke to succeed Prokopanko as Mosaic CEO

Current CEO James Prokopanko is retiring this summer.
Ecolab vice president Bob Gildersleeve killed in Amtrak crash

Ecolab vice president Bob Gildersleeve killed in Amtrak crash

The St. Paul-based company confirmed that Gildersleeve was among the eight dead in the Philadelphia derailment.
Arctic Cat has growth plans despite another quarterly loss

Arctic Cat has growth plans despite another quarterly loss

The ATV and snowmobile maker will spend $27 million on Thief River Falls and St. Cloud plant updates.
Minn. manufacturers say they're bullish on growth

Minn. manufacturers say they're bullish on growth

Almost 90 percent of those surveyed by Enterprise Minnesota said they were confident about the future.
Blue Clay drops its proxy fight with Select Comfort

Blue Clay drops its proxy fight with Select Comfort

Hedge fund said the Plymouth bedmaker had made progress on its recommendations.
3-D printing firm Stratasys posts $216 million loss for first quarter

3-D printing firm Stratasys posts $216 million loss for first quarter

Officials had warned last month about tough market conditions.
Activist investors emerge as regular foes for CEOs, boards

Activist investors emerge as regular foes for CEOs, boards

Imation and Select Comfort are among activists’ latest targets.
U.S. Steel reducing number of layoffs with idling of Minntac plant

U.S. Steel reducing number of layoffs with idling of Minntac plant

The union and company came to an agreement late Wednesday that reduces the number of workers affected from 700 to 400.
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.
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