Staff Directory 10646026

Neal St. Anthony

Columnist, reporter | Business
Phone: 612-673-7144
Location: Minneapolis
Other languages: None
Neal St. Anthony has been a Star Tribune business columnist/reporter since 1984. His work has been recognized by the Minnesota Society of Professional Journalists and the Society of American Business Editors and Writers.

St. Anthony's work has spanned corporate takeovers to financial markets, small businesses, and the emergence of women, immigrants and minorities in business. A native of Minneapolis who first joined the Star Tribune in 1981, St. Anthony holds undergraduate degrees in journalism and business, and an MBA. He also has worked for two publicly held companies, including former regional securities firm Dain Rauscher (1997-98). St. Anthony, who is married and the father of two children, has been a volunteer with the Minneapolis parks, several schools and nonprofit organizations.
Recent content from Neal St. Anthony
Chef Lachelle Cunningham of Chelle’s Kitchen, Chaz Sandifer of Noir Elite Fitness and Camden Farmers Market, and Mariam Omari of K’s Revolutionary

Startup Week delivered on diversity-inclusion promise

Women and minorities, historically underrepresented, are now a growing part of small businesses startups.
Elizabeth Bierman is a district engineering chief at Comcast and a past president of the Society of Women Engineers.

Women in engineering conference will be the largest this year at the Minneapolis Convention Center

Planners expect 12,000 attendees at the Society of Women Engineers national gathering.
CEO Joe Welu of Total Expert

Total Expert lands $20 million in venture-capital funding

Fast-growing financial software firm previously raised $14 million.
Aneela Idnani, a founder of HabitAware, was named the 2018 Minnesota Cup grand prize winner on Monday.

HabitAware, maker of bracelet that minds annoying habits, wins the Minnesota Cup

The "awareness tracker" helps people overcome tics like pulling hair.
CEO Clarence Bethea of Upsie Technology

Twin Cities Startup Week will have a more diverse look

Several signature events, a couple of big ones driven by minority initiatives, are prominent on this week's agenda.
Executives Dave Augustine, left, and Dana Anderson foresee a rapid expansion of Living Greens Farm of Faribault.

Living Greens unveiling large aeroponic vegetable farm

Living Greens said that its Faribault farm will be the second-largest aeroponics operation behind that of industry leader AeroFarms.
Tech Dump employees gathered recently at their St. Paul facility. Tech Dump photo.

Electronics reconditioning-firm Tech Dump expanding in St. Paul Midway

CEO says the larger space in Midway will allow the electronics refurbisher to double revenue and staff.
PPL CEO Paul Williams, left, resident Gabriel Corbesia, an apprentice carpenter, and AICDC head Michael Goze posed in front of newly built apartments

A small business closes, but the progress continues on multicultural Franklin Avenue

The long-term prognosis of this once-seedy stretch of Minneapolis is good, but it's been a slow, sometimes-halting redevelopment.
Though ex-Regis CEO Paul Finkelstein stepped down in 2012, it’s taken until now to start seeing a turnaround for the firm.

Regis, cutting employees and salons, is making a long-awaited financial recovery

Its strategy has ranged from selling itself to reinventing itself in what has proved a painful corporate drama for many stakeholders.
Jay Meekin and Steve Golat walked their dog Duffy on a walking path in the future home of a park next to the Graco factory with a view of downtown. Th

Settlement between Graco, Park Board means Minneapolis will get riverside park

The agreement ends a yearslong legal dispute over a parcel of land.
Chris Quinn saw his sales grow after he added a separate space called “Fret Central” to his Minneapolis store, Quinn Violins.

Minneapolis-based Quinn Violins strikes chord with guitar section

Chris Quinn needed to expand or he knew he would see his business wilt.
Xcel Energy, a leader in energy produced from renewable resources, powers 20 percent-plus of its multistate system with wind.

Business warming to greener economy that combats climate change

The trends in corporate America, and the environmental movement, are too strong to bend to current anti-environment rhetoric.
Raniga Sheikh and Jacobi Simmons, leaders of the teen-operated Green Garden Bakery. Photo: Neal St.Anthony

North side teens dream big with sweet Green Garden expansion

Green Garden grows vegetables in its community garden, bakes them into healthy vegetable-based desserts for every diet, and markets them using sustainable practices.
Left to right: North Dakota Gov. Doug Burgum, a former software firm CEO, with Luke Kjosling and Melissa Kjolsing Lynch of Recovree, and North Dakota

Veteran Minnesota startup-competition manager became a struggling, joyous entrepreneur

Melissa Kjolsing Lynch, 33, who earned a University of Minnesota MBA while she worked for the affiliated MN Cup, is confident enough in the future of her four-person company to quit a couple part-time gigs to go all in on Recovree.
Former Sun Country owner Marty Davis, right, and Capt. Brian Roseen checked out a new Boeing 737 in 2015.

Former Sun Country owner learned a lesson: 'Don't fly under the radar'

Former Sun Country Chairman Marty Davis was humbled and enriched over seven years of ownership that ended earlier this year. Brothers Marty and Mitch Davis,…
CEO Rich Poirier of Church Mutual Insurance Co. said growing religious diversity has helped the company prosper.

Church Mutual Insurance overcomes decline of mainstream churches

With 1,350 U.S. employees, including 750 in Merrill and a growing contingent in Minnesota, Church Mutual has proved adaptable to changing times.
Sentera chief executive Eric Taipale. The Minnesota-based maker of agriculture drones and systems said Wednesday it raised another $14 million in vent

Agricultural drone-and-data firm Sentera raises $14 million in venture funding

Sentera, the agricultural drone and data-analysis software company, said Wednesday that it raised $14 million in institutional funding, following $8.5 million raised in 2016, mostly…
Quality Ingredients CEO Isabelle Day and plant manager Bob Banken said six of their 60 employees are former inmates.

'Great people who have made mistakes': More Minn. businesses hiring ex-offenders

In a tight labor market, employers are willing to expand talent pool.
Pedicab driver Davis Powell gave a ride to Doreen Rusk. “I love meeting new people and new conversations,” said Powell who left a job at a tire sh

Former inmate Davis Powell surviving, thriving as entrepreneur

Employers, who long shunned hiring former inmates, are reconsidering in a worker-hungry economy.
Director Jami Lessard and educational coordinator Elrico Smith at the New Horizon Academy preschool and day care in north Minneapolis.

Not enough progress on getting 5-year-olds ready for kindergarten

At least 40 percent of Minnesota kids still are not ready for kindergarten.
Gina, left, and her mom, Rosa Chunchi, with their cold-treat truck that was vandalized by a stranger at a Minneapolis park.

Immigrant mother-daughter small-business duo fight harassment with goodwill

They were confronted by a knife-wielding man while selling frozen treats from their city-permitted van during soccer games at Northeast Park.
IntriCon CEO Mark Gorter with hearing aids in 2017.

IntriCon's reincarnation has made it Minnesota's best stock to own since 2017

The price has run from about $6 per share in 2016 to a high of $69.50 per share earlier this month.
CEO Tammy Lee of Recombinetics

Gundersen Health is lead investor in gene-editing firm Recombinetics

Gundersen Health makes big bet on Recombinetics.
Jenni and Tom Smude are working with lenders to triple their manufacturing space in Pierz, Minn.

Smude's Sunflower Oil, helped by a pop in popcorn sales, is expanding in Pierz

Tom and Jenni Smude, who live on a 160-acre farm, are working with lenders to expand their manufacturing facility to 75,000 square feet.

Gene-editing firm Recombinetics raises $34M

Recombinetics said capital infusion will help it get products to market.
Rihm Kenworth vice president JB Rihm, CEO Kari Rihm and Libby Rihm, Kari's daughter, JB's sister, and a college student who also has worked in the bus

Rihm Kenworth's departure for South St. Paul indicates a changing Midway

It was expected but not good news for St. Paul when Rihm Kenworth, one of America’s larger truck sales and service operations, moved out of…
Despoliation of Lake Superior was seen as a grave danger by the 1970s, but conservationists sought to turn that risk around.

Grant Merritt offers insider's look at the epic Reserve Mining battle

His candid, pointed book is about his work and the often tumultuous, barbed and politically contentious environmental flaps involved.
Ralph Strangis

Minneapolis lawyer Ralph Strangis, who put together big deals, dies at 82

Strangis helped drive airline merger, got Target Field off the ground.
Karl McDonnell, right, CEO of combined Strayer-Capella, now called Strategic Education Inc. and Kevin Gilligan, left, CEO of Capella, met with employe

Robust M&A market is starting to show economic concerns

On the surface, things looked pretty rosy for the first six months. But economic uncertainty and rising interest rates could halt the run of records.
The University of Minnesota relaunched the “Old Main Heating Plant,” which is twice as efficient as the old facility.

Greener, more-powerful co-generation energy plant at U is proxy for a more-efficient, job-producing economy

"Old Main," a dirty, once-shuttered, coal-fired plant, was relaunched last December as a natural gas-fired combined heat and power producer.
Scott Honour, in a 2013 file photo.

Former business associates gain favorable settlement from private-equity manager Scott Honour

The private-equity firm owner was accused of fraud, breach of contract.
Owner Katie Steller, planning an expansion of her northeast Minneapolis salon in a former mattress factory, last week gave a complementary haircut to

Disillusioned by salon business model, Minneapolis stylist opened her own shop

Katie Steller, owner of Steller Hair Co. at Central and Broadway Avenues NE., started inauspiciously in the styling business six years ago. In her parents' kitchen.
From left, Jim Hemak, Junior Achievement of the Upper Midwest CEO Gina Blayney and Pat Hemak.

Jim Hemak, who benefited from JA in 1960s, invests in its Twin Cities future

That Junior Achievement experience imbued him with a sense of confidence and entrepreneurship that transcended his career, Hemak says.
Padilla CEO Lynn Casey and President Matt Kucharski

Minneapolis PR firm Padilla becomes latest local agency to sell to larger rival

Sale continues PR industry consolidation trend.
Keyot co-founder Anjie Cayot, left, with Skarlett Salazar, a Keyot Crew 212 consultant, and Salazar’s father, Noel.

Recruiting young female-and-minority talent has helped fuel growth of IT consultancy Keyot

As female owners and farsighted entrepreneurs, two sisters have hit the sweet spot with the fastest-growing component of the tech world.
“I just want Pace to be the best company in our industry,” CEO Steve Vanderboom said of the environmental-testing firm.

Pace Analytical quietly grew over 40 years to be one of America's largest environmental labs

Roseville-based Pace is the largest American-owned lab company for environmental testing and sampling as well as testing for pharmaceutical, medical and drug devices.
Don St. Dennis, shown at the Vietnam War Memorial, is among war veterans suffering from the effects of “Agent Orange.”

Military and business vet Don St. Dennis is waging battle of his life

Facing tough odds as his health challenges increase, St. Dennis relies on family and faith.
Don Ball, left, and Kyle Coolbroth hope to franchise their dream.

CoCo shared-workspace founders got 'fueled' for the future of 'Fueled Collective'

CoCo was the local spark in a national movement that has grown from fewer than 500 spaces nationally to something approaching 20,000.
A group of business, nonprofit and government officials involved in the greening of the tugboat Itasca last week.

Minnesota Project Green Fleet averts pollution issues, from buses to big boats

Upgrading to cleaner-burning, energy-saving equipment pays myriad dividends in the long run.

Former partner in Minneapolis accounting firm loses millions in noncompete dispute

Neil Lapidus lost the benefit when a Hennepin County district judge determined in 2017 he violated a restated partnership agreement with his former firm.
Edie Ramstad has built a thriving business that provides good jobs and economic fuel to her Ada, Minn., community.

Edie Ramstad's We've Got Maille business is thriving in Ada, Minn.

It almost failed five years ago because the solo entrepreneur couldn't manage its growth.
Decliner: Sleep Number Slower earnings and sales growth at the Minneapolis-based mattress maker helped fuel a 21.5 percent decline in the first half,

Stocks slow in wake of big 2017 gains and economic drags on the horizon

The robust hikes of a year ago are fading in the rearview mirror, but market watchers remain measured about the volatility of the next few months
Sourcewell CEO Chad Coauette, left, and Staples Fire Chief Scott Brait inspected a commercial pumper truck acquired in 2017.

In world of purchasing agencies, it doesn't get bigger than Sourcewell out of tiny Staples, Minn.

Sourcewell this month changed its name after 40 years from the more-cumbersome National Joint Powers Alliance.
An Alumacraft boat in 2012

Alumacraft, longtime Minnesota boatmaker, sold to Canadian company

The boat firm will be merged with BRP's Evinrude motors.
Sunday's Pride festivities were disrupted by protest but continued on after a brief interruption.

'Pride, not prejudice': Despite protest interruption, Pride parade proceeds

After being delayed an hour by an anti-police demonstration, thousands celebrated all things LGBTQ.
The Harman Center for Child & Family Wellbeing rents low-cost space from Westminster Church. It was named for the late therapist Scott Harman.

Business community embraces St. David's Center expansion to assist with mental health

Anne Gearity, a veteran child-development expert, dropped by a Minneapolis grade-school class recently, startling a daydreaming student. The boy then cursed at her. Gearity, an…
Doran Cos. and CSM Corp. have broken ground on the Expo, a $100 million-plus luxury apartment community in the St. Anthony Falls Historic District, ea

Developer Kelly Doran has renewed faith in downtown high-end housing market

Nearly three years ago, Kelly Doran, arguably the busiest apartment-complex developer in the downtown Minneapolis-to-University of Minnesota corridor since the Great Recession of 2008-2009, started…

Expanding Uponor opens refurbished plant in Hutchinson

Uponor opens Hutchinson plant early Uponor North America beat its construction deadline and has begun making plastic piping at a born-again plant in Hutchinson, Minn.,…
CEO Janet Dryer, left, and Colleen Kulhanek, the marketing vice president of Perforce Software of Minneapolis.

CEO Janet Dryer leads second company to Top Workplaces ranking

The sales and marketing veteran also is making way for a longtime lieutenant to take over the growth company.
David Reiling, CEO of Sunrise Banks

Banking program aims to provide lower-cost alternative to payday lenders

Nonprofit, Sunrise Banks team in order to provide an alternative to payday lenders.
CEO Mynul Khan of Minneapolis-based Field Nation and other fast-growing software firms can't find enough local talent.

Shortage of skilled workers challenges Twin Cities tech firms

CEO Mynul Khan of Minneapolis-based Field Nation has a problem common among growth companies in the region's booming software and IT services industry. There's a shortage of experienced talent in the Twin Cities.
Former Metro Transit police Sgt. Waheid Siraach has turned his extensive experience in police work into a business.

Retired Sgt. Waheid Siraach is trying to police a successful business

Today, he is building a small business as a training-and-assessment consultants that leverages his experience. But it's a slow build.
Meda and CEO Gary Cunningham oversee a loan portfolio of about $18M.

Meda plans $1 million business competition for minority-run small businesses

Meda, the growing counselor and lender to small minority-owned businesses, is launching a $1 million Shark Tank-style competition. Meda (Metropolitan Economic Development Association) will host…
From left, Sam, Peggah and Far Navab, with the expanding, 30-year-old Navab Brothers Rug Co.

Navab Brothers build a better rug business for 30 years

The Navabs are trying to adapt again, just another stich in their entrepreneurial story.
Adine Momoh, the 100th president of the Hennepin County Bar Association, with Minneapolis Mayor Jacob Frey.

Adine Momoh takes over Hennepin County Bar presidency

At 34, she's also the youngest president the group has had.
Structural CEO Scott Burns and COO Chip House

St. Paul's Structural raises $2.5 million in equity capital

Structural's co-founder, CEO envisions building business into a $1 billion enterprise.
Employees at EMC’s refurbished headquarters in Plymouth.

Fast-growing Energy Management Collaborative has a brighter idea

It has been quite a dazzling run, particularly the past five years, for a low-profile firm that has emerged from the shadows.
Javier Martinez, front row, third from left, pictured with his fellow graduates of the IT-Ready training program in 2014.

IT-Ready helps fill gaps in immigrant, minority employment

The Twin Cities metro is the No. 1 city in America for the IT-Ready program, which places nearly 90 percent of graduates in good jobs that average $39,000 a year after graduation.
Edward Yakobe Sawerengera, the Malawi ambassador to the United States, visited Compatible Technology in St. Paul.

CTI projects American power in Africa through compatible technology that helps farmers

The partnership is good for the U.S., too.
“I grew up with this,” said Randy’s Booth CEO Bert Kissoondath. His father, Randy, founded the custom furniture shop.

Restaurant furniture maker Randy's Booth Co. finds second-generation success

The late Randy Kissoondath, a dirt-poor immigrant from Trinidad and Tobago, began his entrepreneurial journey in the 1970s as a dishwasher at Nye's restaurant on the edge of Northeast.
Perforce Software President Mark Ties and CEO Janet Dryer once were leaders at HelpSystems IT services in Eden Prairie.

Perforce Software CEO Janet Dryer among drivers of state's robust economy

Small, fast-growing companies have driven record employment and a strong Twin Cities economy.
CEO John Norris and David Kensinger, vice president of engineering, of Tower Solutions, make telescopic towers that rise to 80 feet.

Thanks to big contract, John Norris takes his tower business to new heights

Tower Solutions, one of two Norris-owned firms, recently landed a $14.75 million contract with General Dynamics for 50 of its 80-foot "roll-up" towers.
Accenture cloud software architect Catherine Gulsvig Wood, center, who started her career in tech thanks to a fortuitous meeting in a college computer

IT veteran urges less-technical approach to drawing women to tech

Catherine Gulsvig Wood's career has included work with Cray Research and Accenture since 2014.

Minnesota chamber expands-integrates efforts to produce more workers for employee-hungry economy

Center will work with employers to link candidates, openings.
TCF’s stock price has climbed from less than $15 to around $25.

St. Anthony: TCF Financial sheds workers, builds more-profitable machine

In and out of Wall Street's good graces for a decade, TCF has regained widespread investor favor lately.
Chairman David Mortenson of Mortenson Construction and the Itasca Project and CEO Tawanna Black of the Center for Economic Inclusion will announce a s

Twin Cities business and nonprofit leaders tie 'equity' to improved economic growth

Business and nonprofit leaders, impressed with some recent results in north Minneapolis, are aligning efforts to ramp up training and employment for people of color in hopes of igniting economic growth and spreading wealth throughout the Twin Cities.

Confidence growing among Minnesota small-business owners, according to USB survey

Yearly survey finds rising optimism; taxes a bigger concern in Minnesota.
Jacquie Berglund has expanded Finnegans into a $10 million, four-level brewery, taproom, social club and entrepreneurial center in downtown Minneapoli

Developer, social entrepreneur bet big on Finnegans' future

Thanks to deep-pocketed partners, the brand is positioned for significant growth.
Washington, D.C.: While the IRS collected about $3.4 trillion in taxes last year, a former commissioner said there are billions of dollars in uncollec

IRS faces big task with far fewer agents than 20 years ago

The number of angry taxpayers and tax preparers waiting longer to communicate with the agency is up.
Members of the Beer-a-Palooza group enjoy a Saturday afternoon at the Lift Bridge Brewery in Stillwater, in this file photo from April 14, 2011.

Lift Bridge Brewing moving ahead with new $10 million facility in Stillwater

The 35,000-square-foot facility will be about three-times larger than its current quarters, located less than a half-mile away.

Craig-Hallum M&A group leaves to join with former partners at new boutique

The mergers-and-acquisitions investment banking team at Craig-Hallum has left to join with the partners at investment banking boutique Quetico Partners to form a new firm,…
AVI Systems CEO Jeff Stoebner, with his father, Joe Stoebner, who sold the company to an employee stock ownership plan between 1990 and 2009.

Employee-owned AVI Systems outpaces its industry

Workers have a piece of the action at fast-growing audiovisual firm
Tech Dump CEO Amanda LaGrange chatted with technicians Dan Saba, left, and Alonzo Nelson as they worked on refurbishing an iPhone and computer board.

Tech Dump CEO Amanda LaGrange on tough market for recycled electronicss

Amanda LaGrange, chief executive of Tech Dump, was recently named one of 24 Bush Foundation fellows who receive up to $100,000 over 12 to 24 months to help them develop as leaders advancing their plans.
Dunwoody College of Technology has launched the first phase of a major renovation to its Minneapolis campus.

Dunwoody remakes itself for a changing economy

Dunwoody's growth has been constrained by its century-old building, just west of downtown. The school is underway on the first phase of a remodel approaching $40 million over several years.
Virgil Welna

Virgil Welna, longtime hardware store owner, dies at 89

The Phillips neighborhood fixture offered a hand and expertise to all.
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