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
Owner Dan Digre of St. Paul’s MISCO, an industrial speaker manufacturer, has canceled growth plans as the tariff war has cut profits nearly in half.

Farmers not only ones in Minn. angry over U.S.-China trade war

St. Paul speaker manufacturer Dan Digre, who hasn't voted for a Democrat for president for 40 years, says he has had it with President Trump's trade war.
Founder John Mickman and brother Chris Mickman at state land being reforested by Mickman Brothers contributions.

Minnesota wreath maker, one of nation's largest, started with tradition brought from Norway

Mickman Brothers of Ham Lake will post about $20 million this year in wholesale revenue, making it one of the nation's largest wreath producers.
For South High senior Jordan Dotson, the Step Up program “has been one of the best experiences of my life. I’ve gone from filing papers to finaliz

Accomplished Minneapolis South High senior is a top student, creative soul and Best Buy veteran

Jordan Dotson, who got her first internship the summer after eighth grade, is a recent star of Minneapolis Step Up.
Gene Koehler of Ramsey, Graco’s longest-serving active employee, plans to retire after 50 years next spring. He started at age 19.

Retiring Graco factory worker looks back on 50-year career

Gene Koehler underscores that ethic about the "dignity of work," fair wages and the right of the worker to prosper.
Nystrom CEO Sue Thomas began her career 29 years ago by answering an ad for a junior accountant.

Female CEO leads Minnesota building-products maker to campus expansion

Sue Thomas, 51, doesn't laud herself. But the results at the Brooklyn Park company, which has operations across the U.S., speak for themselves.
The Bremer bank branch at the IDS Center. A dispute has the future of the bank at question.

At heart of the Bremer dispute, a midcentury banker's wishes and the demands of the digital age

Foundation trustees want to sell bank, but executives cry foul.
“Our [2019] fiscal year was driven by key initiatives that the team delivered,” CEO Ron Konezny of Digi told investors.

Hopkins' Digi International has breakout year; earnings jump from $1.6M to $10M

Share prices have jumped by 20% since Nov. 15 alone, after the company announced record fiscal 2019 performance, a promising acquisition and a bright outlook for next year.
A lawsuit filed late Tuesday is Bremer Financial’s response to actions taken recently by the directors of Bremer Trust, who have said a sale would b

Bremer Financial sues foundation directors over sale of bank

A lawsuit filed Tuesday claims foundation directors are seeking to enrich themselves by selling the bank.
From left, Darnell Cage, John Stout, Darrin Levine and Samuel Ndely, a Meda business consultant.

How lawyers at Fredrikson & Byron are reaching out to help young minority businesses get footing

The Accel Group has a dozen Fredrikson lawyers from different practices work with early-stage businesses on issues such as intellectual property, advisory boards, ownership, finance and governance.
Jim Mulrooney, in white T-shirt, worked with family members and friends on a Habitat for Humanity home.

Twin Cities Habitat for Humanity builds corps of young professionals

A $55 million capital-raising campaign is going on to help Twin Cities Habitat for Humanity double annual production of affordable mortgages to about 230 new and refurbished homes over the next several years.
Duchesne Drew of the Bush Foundation. “Skilled, inspired, committed and connected leaders can do anything. “

Minnesotans start local version of Harvard program for 'rising leaders'

Young leaders from the Twin Cities, Rochester, St. Cloud and Fargo-Moorhead will gather at the U this week to explore inclusive economic development challenges and opportunities.
Alfredo Martel will take over Meda on Monday.

Minority business adviser Meda names Alfredo Martel CEO

Veteran executive joins Twin Cities minority business adviser group.
Phil Schenkenberg of Briggs, Eileen Manning, owner of the Event Group, and Eric Ebner, a founder of St. Paul’s Protocol 46.

Minnesota small businesses must prepare for cyberthreats

The cost of an effective security program doesn't have to break the bank, one expert advises.
Chairman Phil Soran and co-founders Charlie Miller and Jim Leslie, in a 2015 photo, would go on to sell Flipgrid to Microsoft.

Phil Soran, recognized for tech business success, also is known for empathy

Soran will be honored with a Lifetime Achievement Award at the annual Tekne Awards celebration of the Minnesota High Tech Association
Bruce Linton, left, in a file photo from Oct. 17, 2018 , passes a bag with the first legal cannabis for recreation use sold in Canada.

Cannabis pioneer Linton joins Minnesota-based Vireo Health

Canadian entrepreneur Bruce Linton to become executive chairman of Minneapolis-based company.
American Indian community leaders Sam Olbekson, Mary LaGarde and Robert Lilligren stand before a mural on the Minneapolis American Indian Center on E.

Native American Cultural Corridor helps rejuvenate E. Franklin in Minneapolis

A housing development is just the latest piece of an effort to remake a once-tired stretch on the South Side of Minneapolis.
Sam Olbekson, who grew up in the Phillips neighborhood, is helping create an American Indian Cultural Corridor there.

Sam Olbekson, an Ojibwe from Minneapolis, is the architect of the American Indian Cultural Corridor

This is all close to home for Olbekson, 48, a member of the White Earth Band of Ojibwe, who grew up in the neighborhood, and spent summers with relatives on the northern Minnesota reservation.
Bremer Bank’s skyway branch in the IDS Center in downtown Minneapolis.

Voting rights are a central issue in dispute over Bremer sale

A heated dispute over the future of Bremer Financial could hinge on figuring out who controls a majority of the voting shares.It is not as…
The philanthropic trust that controls Bremer Bank, Minnesota's fourth-largest bank by assets, is putting the firm up for sale.

Bremer Bank is for sale after trust splits with management

The move comes at a moment when Bremer Financial is financially healthy but contending with costs of keeping up with new technology. A deal could reap more than $1 billion for the Otto Bremer Trust.
Brothers Adam, left, and Andy Lindus own Lindus Construction.

Lindus Construction's Minnesota success is rooted in founder's fall from tree

Lindus has grown to be a $40 million yearly revenue operation, as well as the nation's No. 1 installer of maintenance-free LeafGuard.
Doran Cos. and the city of Hopkins are said to be in settlement talks over a no-winner ruling by a Hennepin District judge.

Hopkins and apartment developer battle over $10.5M parking ramp

The fight is over who is on the hook for a 189-stall public parking ramp that developer Kelly Doran built as part of the 2018 project.
CEO Joe Welu of Total Expert

Total Expert raises $52 million in venture capital, tops so far this year

The company will add data scientists, designers and others to its workforce of 218 people.
Chairman Chris Heim and CEO Kate Bolseth of HelpSystems.

Chris Heim, of Eden Prairie-based HelpSystems, quietly exits CEO life after more than 20 years

Earlier this month, two East Coast private-equity firms became the third owners since 2014 of fast-growing HelpSystems, the Eden Prairie-based software company that provides operations,…

Google will award $1 million to Minnesota nonprofits in November

Google expands support for nonprofits Google announced Wednesday that it will award $1 million through what it calls the “ Impact Challenge Minnesota,” which seeks…
Michelle Tran Maryns of We Sparkle and Dr. Andres Acosta of Phenomix Sciences were winners at the MN Cup competition.

Two entrepreneurs in different trades put a compelling face on Minnesota business

Michelle Tran Maryns, daughter of Vietnamese immigrants with a master’s degree from Harvard, and Dr. Andres Acosta, an Ecuadorian immigrant and research physician at the…
Founder Angie Conley, (middle row, left) and members of her Abilitech Medical team, as well as Minnesota Cup officials and judges, won the grand prize

Abilitech Medical is winner of the 2019 MN Cup business competition

St. Paul firm is developing a device to aid those with weakened arms.
Dr. Andres Acosta (left) of Phenomex Sciences; co-founder Shawntera Hardy of Civic Eagle and Chaitenya Razdan of Care+ Wear won an aggregate $1.2 mill

Phenomix Sciences of St. Paul wins $500,000 in Meda Challenge for minority entrepreneurs

The Mayo spinoff makes an obesity diagnostic tool.
Co-founder Aneela Idnani’s HabitAware took the grand prize Minnesota Cup and the Meda Million Dollar Challenge minority-entrepreneur competition dur

Twin Cities Startup Week, last year's diversity initiatives working, looks outstate

A winner of two awards last year points to how the event helped in "building connections and building relationships."
Chuck Denny, former CEO of ADC Telecommunications, tutored immigrants and inmates alike.

Minnesota's Chuck Denny led with dignity, empathy, humility and generosity

Dick McFarland, a friend and retired Minnesota CEO, once called Denny a Renaissance man for his varied interests and decency.
CEO Joe Payne of Code42, a Minneapolis-based data-security firm, commissioned the 2019 Global Data Exposure Report.

Report says workers are biggest data-security threat

In the increasingly digital workplace, people and data are fluid.
CEO Wendi Breuer has led SeaChange since 2014. The company's annual revenue and employment numbers are rising.

After $10M investment, Plymouth printing company's revenue more than doubles

Last month, CEO Wendi Breuer of SeaChange Print Innovations watched as a crew delivered a $2 million HP inkjet press. It is the latest investment…
IPS Solar founder Ralph Jacobson (left) has sold most of his stake in the company. He remains as chief innovation officer, and Chief Development Offic

Minnesota-based solar-energy firm sold to national investor in renewable energy

Recently formed SmartPitch Ventures is investing several million dollars into IPS Solar.
Gov. Tim Walz worked Tuesday with Twin Cities Habitat for Humanity site supervisor Jesse Dinh, right, and fellow volunteer, Deluxe Corp. CEO Barry McC

40 Minnesota executives, including Gov. Walz, put to work by Habitat for Humanity

House-building agency enjoys a record year, and execs from Andersen, Toro, Schwan's and others marked that on Tuesday.
Jenny and Dan Kapernick on their small vegetable farm near Henderson, Minn., are part of the community-supported agriculture, or CSA, movement.

Family business, lifestyle growing out of Minn.'s CSA farming movement

The modest farm income sure wouldn't support the Kapernick family without off-farm employment, but the payoff is tremendous.
CEO Sondra Samuels and COO Karen Kelley-Ariwoola of the Northside Achievement Zone have the support of Stanley Druckenmiller and Geoffrey Canada, lead

North Minneapolis nonprofit already raised $25M of $35M goal to help low-income families

NAZ is starting to see success in metrics such as education and employment.
SportsEngine Inc. founders Carson Kipfer (left), Justin Kaufenberg (center) and Greg Blasko, the chief technology officer, shown in a 2014 file photo,

Founders at SportsEngine leave three years after sale to NBC Sports

Brian Bell, who joined SportsEngine in 2015, was tapped as its new CEO.
General Manager Patrick McKinney of Edina-based Precision Kiosk Technologies demonstrates a breathalyzer kiosk.

Edina firm's breathalyzer kiosk touted as game changer for authorities, parolees

Pennington County law enforcement authorities in the county seat of Thief River Falls, Minn., this month installed an electronic kiosk that can accurately measure for…
Jeff Koch, left, and brothers Brian and Kent Roers are boyhood friends and partners in low-profile Roers Cos., a Minnetonka-based multifamily housing

Minnetonka firm headed by two off-the-farm brothers has housing impact

After weathering storms, Roers Cos. has quietly developed more than $600M worth of buildings.
The fight among Irwin Jacobs' children broke into the open last weekend after a court order was obtained to stop an estate sale at their parents’ La

Son says Irwin Jacobs left more than $110 million in debts

Siblings hold differing views about the size of estate, which has led to a court battle.
May Xiong is vice president of employment readiness and Paul Williams is CEO at Project for Pride in Living in Minneapolis.

State development chief Grove has a big job-training issue on his hands

There is a growing demand for simplicity and uniformity in what DEED expects in job-placement and retention metrics.
Founder Deepinder Singh, front row at right, and employees at Burnsville-based 75F, which makes energy-management software for commercial buildings.

Minnesota grows business, jobs as it greens the local economy

Renewables now account for 25% of total Minnesota power production. Policymakers and utilities are talking about doubling that by 2030.
McKnight Foundation President Kate Wolford

McKnight Foundation will double down on greener-economy grants

McKnight Foundation to realign its $90M in giving.
Kathy Chimento, ReMax Results PR specialist and executive director of the Results Foundation, and owner John Collopy.

Minnesota real estate exec and one-time brawler looks to give away his wealth

John Collopy is legally moving ReMax Results and related entities that he values at up to $30 million into a charitable foundation.
Deepinder Singh, founder and chief executive of 75F, shown in a 2015 file photo. The Burnsville-based company just raised another $18 million in inves

Burnsville commercial controls company raises $18 million in equity funding

One energy-tech investor has likes of Gates, Bezos, Branson, Bloomberg on its board
Brothers Todd Hallada, left, and Tom Hallada, founders of 2 Bros Sports Collectibles, with their service dog, Juneau, at their Northtown Mall store.

Minnesota sports-collectible entrepreneur has relentless drive, ability and national recognition

2Bros Sports Collectibles keeps brothers financially independent and even employs their father.
Elena Gaarder, director of community wealth building, and CEO Repa Mekha of Nexus Community Partners.

Nexus Community Partners plans to further worker ownership and wealth

Nexus entered into a related partnership with the St. Paul Area Chamber of Commerce designed to get more small-business owners to think about selling to employees.
Managing Partner Steve Ryan and Ann Rainhart, chief operating officer, of Briggs and Morgan.

Minneapolis-based Briggs and Morgan to merge with larger Midwestern law firm

The combination will create a firm with 600 attorneys and 12 offices.
CEO Kenny Nelson, 77, and President Charlie Nelson, 47, of Tuffy’s, the expanding pet-food manufacturer in Perham, Minn.

Perham, Minn.'s, Tuffy's sniffs more success in the dog-food trade

In 2010, Barrel O’ Fun Snacks won a three-year, $1 million-a-year contract at the new Target Field. CEO Kenny Nelson, who founded the Perham, Minn.,…
“Hemp can do almost everything petroleum can do,” Winona LaDuke said, “including replacing some cotton and plastics.”

Winona LaDuke leads the hemp crop movement around Minnesota's White Earth Reservation

Winona LaDuke, environmentalist and a member of the White Earth Band of Ojibwe, is pushing hemp in Indian Country. “I’m growing hemp on my farm,”…
CEO Gregg Mast of Clean Energy Economy Minnesota and John Dunlop, a renewable-energy engineer and advocate, believe that Minnesota, partly thanks to d

Renewable energy advocates say sun is shining on Minnesota

John Dunlop, engineer and energy consultant, is a 45-year pioneer of the renewable-energy movement in Minnesota. He also was the chairman of the recent national…
Ryan Sargent, Jacob Miller and Sara Sargent are driving a self-driving, or autonomous, vehicle to a California conference.

Minnesota engineers begin 'drive' to California in self-driving car tonight

Someone from VSI Labs always will be in the driver seat, ready to take command at a moment's notice.
Carol Russell and Brian Herder have built a marketing agency with close to $5 million in revenue since joining forces at a coffee shop in Brainerd in

Minneapolis-based marketer Russell Herder is a quiet force in a loud industry

Minneapolis-based Russell Herder has carved out a niche by cultivating clients with a social purpose.
From the left, Cassidy Burns, Karen Heintz and John Taft at the new Baird offices in downtown St. Paul.

Milwaukee's Baird pulls off quiet expansion in Minneapolis

Baird, with about 1,300 licensed financial advisers, has doubled its ranks in the Twin Cities over the past five years.
Handmade tile artist Mercedes Austin employs 33 at her Mercury Mosaics in northeast Minneapolis’ Thorp Building.

Handcrafted tile shop Mercury Mosaics anchors bustling former factory in Northeast

Mercedes Austin's entrepreneurial journey has evolved into a 33-employee company that last year topped $2.2 million in revenue.
Founder Deepinder Singh of Burnsville-based 75F

Minnesota-based 75F files with SEC for $15 million stock sale

Its software enhances energy efficiency in small commercial buildings.
Gregg Mast, left, and John Dunlop will have key roles in the American Solar Energy Society’s conference in the Twin Cities.

Out ahead on solar energy, Minnesota engineer is still pushing to speed up change

John Dunlop launched his renewable-energy career amid oil embargos and the fledgling environmental movement of the 1970s. The 45-year renewable-energy pioneer, who’s an engineer and…
From left, Dr. Noela Mogga, barber Akeem Akway, real estate agent Athieei Lam and Timberwolves player Luol Deng attended the South Sudan Unite confere

Former Timberwolf Luol Deng helps South Sudanese forge a path

Deng, the son of a former Sudanese education minister who has returned to Africa, has become an economic force as well as a substantial taxpayer.
Ryan Companies, which manages the 1970s-vintage City Center, said the $3 million project will include a “monumental facade improvement.”

City Center plans face-lift for the corner of 7th and Nicollet

A $3 million makeover comes as City Center management plans to announce three new retail tenants for the property.
3M announced it would acquire Acelity of Texas, a health care equipment firm, in a deal valued at $6.7 billion.

M&A deals just keep on coming in Minnesota, U.S., but fewer since 2015

It's not as frothy as a few years ago, but a resilient economy keeps the buying and selling churning.
“Where did the money go?” asks Justin Butler, about the failure of Thor, which he says failed to pay subcontractors after Butler paid Thor last ye

Co-owner of Woodbury's Duck Donuts shop among victims in failure of Thor Construction

Justin Butler is an entrepreneur and an accountant with more than a decade of financial experience at the IRS, Bank of America, the former GE…
Richard Copeland, founder and owner of Thor Construction

Judge rules Thor Construction founder on hook for $3M bank loan

Richard Copeland was found liable for his failed construction firm's loan.
Colder Products Co., founded in 1978, is consolidating sites in St. Paul into a new, $26 million facility.

St. Paul business could get more than $4 million in subsidy for $26 million Roseville move

Colder Products Co. (CPC) of St. Paul, which operates from three facilities in St. Paul and Minneapolis, broke ground last week on a $26 million…
Dr.Kyle Kingsley, CEO of Minnesota Medical Solutions and its multi-state holding company, Courtesy of Vireo

Former Minnesota ER doctor leads one of America's largest marijuana companies

Dr. Kyle Kingsley was an emergency-room physician in Shakopee when he first considered that “medical marijuana” might do a lot more for patients than the…
Ambassador Ngosa Simbyakula from the Republic of Zambia, Cholwe Hantuba, Minnesota Attorney General Keith Ellison.

Scene + Heard: Books for Africa fundraising luncheon

Books for Africa’s “Reading Is Believing” fundraising luncheon at the Town and Country Club in St. Paul featured Ambassador Ngosa Simbyakula of Zambia. Started in…
Christine Lantinen built Maud Borup into a $20 million, 120-employee food-gift company since buying it in 2005.

Revenue at century-old Minnesota chocolatier tops $20M under leadership of former Army medic

She transformed Maud Borup from a small retailer to a wholesale business that employs 120.
Jim Steele showed Dynamic Air’s pilot model pneumatic-conveyance system that transports energy-drilling waste from oil rig to ship, the subject of a

Minnesota's Dynamic Air whips an energy giant in years long legal battle

Jim Steele, 78, the 50-year founder of Vadnais Heights-based Dynamic Air, a small industrial manufacturer, has just survived a six-year, international legal brawl with the…
Project for Pride in Living’s CEO Paul Williams, left, and Vice President May Xiong oversaw the opening of the nonprofit’s new and much-needed car

Project for Pride in Living opens expanded career center in south Minneapolis

The renovated center preserves the best of the Franklin Theater while serving as another marker in the generation-long rebound of East Franklin.
Midwest Book Award-winning author Jeff Appelquist’s latest work is the travel memoir “Changing Places.”

Minn. writer, a former business lawyer and Marine, declares 'civil' war on climate change

Jeff Appelquist, business lawyer turned consultant and Midwest Book Award-winning author, has traveled the globe since he graduated from Carleton College in 1980. Uncle Sam…
Tactile Medical executive Wade Zander and CEO Jerry Mattys have presided over one of the best medical-technology IPOs.

Trade winds, economic uncertainty can't derail U.S., Minnesota stock market gains

At midyear, the resilient market is continuing to push all-time highs.
Cookie Cart’s second bakery operates in a refurbished space on St. Paul’s Payne Avenue.

Twin Cities Cookie Cart has an ambitious growth plan

The Cookie Cart on the North Side’s W. Broadway Avenue has been more than a bakery since it was launched 30-plus years ago by the…

Frandsen Financial buying Wisconsin-based Peoples Bank Midwest

Deal would push Minn. bank over $2B in assets.
Former union organizer Caitlin Rogers is the unlikely but successful owner of Minneapolis-based Next Day Animations.

Minneapolis animation studio finds nimbleness, integrity build a brand

You would not mistake Caitlin Rogers, a former nonprofit employee and union organizer, as a gung-ho entrepreneur. That said, her Next Day Animations employs 15…
Sally Mainquist, left, helped place financial professional Ruth Faalele in her job — from Faalele’s native Australia.

This Twin Cities placement exec does more than just place financial pros

Sally Mainquist, a veteran financial professional-placement executive and co-founder of Veritae Group, has hired, placed and mentored many over the last 30 years. Ruth Faalele,…
Dorsey Howard Jr., who moved into a home in Golden Valley two years ago, played basketball with his grandkids on Friday.

Ex-inmate got another chance — and made the most of it

A former addict and dealer works up to three jobs weekly, cooking, cleaning and building maintenance, and considers himself fortunate.
180 Degrees Program Manager Ariel McDonald, left, 180 Executive Director Dan Pfarr, and Chris Harris, a former drug addict who works 80 hours a week a

In tight labor market, employers hiring more ex-offenders

The Walz administration's long-term strategy is to reduce incarceration for low-level, nonviolent offenders and curtail technical parole violations that can send former inmates back to prison