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. 


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
Roosevelt High student Kayla Pollard learned about robotics on a 2017 tour of Graco’s facilities.

Minnesota manufacturers worry most about long-term worker shortages

They are pitching high school kids on jobs that involve advanced training, including paid college courses, as an alternative to launching into college.
Ryan Foudray and Paulita LaPlante, are the co-owners of Prescription Landscape, based in St. Paul.

Female-owned Twin Cities landscaping company has a prescription for growth

Paulita LaPlante said her people, even more than machines, are the high-performance engines of the company.
Bremer Financial CEO Jeanne Crain said the bank’s strategy is always focused creating personal connections to its customers and using innovation to

Bremer CEO Jeanne Crain talks about small business clients, changing industry

One new touch is a living room-style space in the Linden Hills neighborhood, where Bremer bankers may be chatting with prospective clients.
Deb Chorzempa, left, received a kidney from her office colleague Jackie Francis in June.

For Twin Cities officemates, the gift of a kidney makes this a special holiday season

"It's crazy that someone would do something like this for me."
“North Minneapolis is where I’m invested and where my services are most needed.”
Anissa Keyes, owner of Arubah Emotional Health in north Minneap

Nonprofit Minneapolis lender has a big impact in community-development lending nationally

  Last year, CEO Anissa Keyes moved the headquarters of her Arubah Emotional Health from leased space in Brooklyn Center to north Minneapolis. Keyes grew…
T.J., Melanie and Tom McMullen with the ClipDifferent Pro, which helps those with mobility or vision challenges clip their nails.

After 35 years, Minnesota entrepreneur has built a better nail clipper

This fall, McMullen began selling the first product of his "startup company," 35 years after he started tinkering at the kitchen table.
Backstage Capital’s Arlan Hamilton, left, and the Center for Economic Inclusion’s Tawanna Black discussed the issue at a recent forum.

Black venture capitalist tells Minn. investors: More minority businesses ought to be funded

Arlan Hamilton spoke at a forum this month sponsored by the Center for Economic Inclusion.
Aneela and Sameer Kumar with the HabitAware Keen bracelet.

After Minnesota Cup win, tech startup HabitAware works on fundraising round

HabitAware is a health-and-business venture that has blossomed into a technology that's received kudos for its health benefits that already is benefiting thousands and shows promise as a commercial enterprise.
Jason Moreau survived a disabling accident to go to work in 2016 as the first downtown “ambassador” in a wheelchair.

Downtown ambassador Jason Moreau is more than able to serve the public

Moreau, the first Downtown Improvement District ambassador who operates from a wheelchair, had to work hard to land his job.

Alorica to add 300 call center jobs in Mendota Heights, hike base hourly pay by $2

Company also plans to add 300 jobs at its Mendota Heights facility.
Mansco Perry, head of the Minnesota State Board of Investment, oversees an operation that consistently performs well on behalf of taxpayers.

Minnesota's chief investor has been a good steward of state's money

Mansco Perry, by all accounts, is a good steward of funds.
“Minnesota has come a long way, with unemployment dropping from 8 percent in 2009 to under 3 percent this fall. There’s nearly zero-percent unempl

CEO of Minnesota High Tech Association is upbeat and pragmatic

CEO Margaret Anderson Kelliher of the Minnesota High Tech Association (MHTA) has a busy month ahead for her organization. Last week, MHTA hosted the Minnesota…
Michael Cole, former president of U.S. Bancorp’s Ascent Private Capital Management for the ultra-wealthy, has triggered a legal maelstrom by joining

U.S. Bank's legal fight with former Ascent boss is about trust and big money

Michael Cole, the former president of U.S. Bancorp’s Ascent Private Capital Management, its lucrative business that serves clients worth at least $75 million, spent several…
MEDA CEO Gary Cunningham, right, with Jashan Eison, CEO of H&B Elevators, says MEDA will build “a smarter, bigger machine” to support minority bus

CEO Gary Cunningham grows MEDA's capital, loans and minority businesses

MEDA is growing, and CEO Gary Cunningham says there is much more to come.
Shuji Nakamura, the Nobel Prize-winning Elvis of the LED revolution, spoke at a convention at Aria last month.

Global lighting rock star Shuji Nakamura played to attentive local audience

About 500 building owners, contractors, lighting designers and architects from several states gathered in Minneapolis to listen to a scientist who has illuminated the world.
Tom Welch, Don Samuels, VJ Smith and Ron Cornwall

Scene + Heard: MicroGrants celebrates 'people of potential'

MicroGrants celebrated its 2018 recipients at a fundraiser at the University of St. Thomas Law School’s atrium in downtown Minneapolis. Keynote speaker Adrian Coulter, once…
Developer Kelly Doran warned Minneapolis Mayor Jacob Frey and the City Council in a letter this month that builders and investors would pull out in re

Homebuilders concerned about proposed Mpls. "inclusionary zoning" rule

Resistance is building to a proposed Minneapolis requirement that developers reserve 10% to 20% of new rental units for affordable housing.
Nine-year-old Jack Anderson used the ConfiBoost Eyewear, which is designed to help focus readers’ attention.

Geneticist-turned-educator now focuses on attention-driving technology

Teaching inspired Rod Greder's entrepreneurial foray into educational technology, started nearly a decade ago.
Hays Companies founder Jim Hays. Photo: Neal.St.Anthony@startribune.com

Minneapolis-based Hays Cos. acquired for $705M by Brown & Brown

Brown & Brown will buy the Mpls. firm, which will operate as a regional unit.
Specialist Gregg Maloney works at his post on the floor of the New York Stock Exchange.

Is this economic recovery starting to fade?

Nearly a decade into the longest post-WWII economic recovery, there are some concerns about staying power.
Lisa Page, who died unexpectedly in June, was a founder of RexVid with her husband, Jamie, a software company partner.

Rexvid founder moves forward after loss of his wife and business partner

Jamie Page was reviewing a cache of birthday cards one day last year. They were nice. But they cost up to $5 a piece and…
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.
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