Staff Directory 10646026

Neal St. Anthony

Columnist, reporter | Business
phone: 612-673-7144
Neal St. Anthony has been a business columnist and reporter for the Star Tribune for 30 years. He also has worked in financial communications for two publicly held companies.
Recent content from Neal St. Anthony
Small business tells Minneapolis it needs one-stop development guide

Small business tells Minneapolis it needs one-stop development guide

A "navigator" office plan to help with rules, regulations goes to the full Mpls. council.
As Digi draws bids, CEO seeks more time to work strategy

As Digi draws bids, CEO seeks more time to work strategy

Since he was hired two years ago, Digi International CEO Ron Konezny has received good marks for streamlining the company, jettisoning a business that didn't…
Owner of Willful gift shop in south Minneapolis 'still bootstrapping it'

Owner of Willful gift shop in south Minneapolis 'still bootstrapping it'

Araya Jensen, owner of Willful in south Minneapolis, had no designs on becoming a retail entrepreneur when she was laid off in 2010 as a…
Mendota Heights business finds new life for old banners

Mendota Heights business finds new life for old banners

The new owners of Relan invested an unspecified six-figure sum and went without salaries for three years. They changed the old Relan business model and slowly started to attract clients.
Mary Lynn and Warren Staley recognized for charity work

Mary Lynn and Warren Staley recognized for charity work

Warren and Mary Lynn Staley have done just what they wanted for nearly a decade of retirement. And they continue to be quiet, key supporters of educational and charitable causes in Minnesota and elsewhere.
MN Commerce chief says elder financial abuse needs urgent response

MN Commerce chief says elder financial abuse needs urgent response

John Heath is part of a boom industry. Financial exploitation of the elderly. Heath, 45, an Edina financial adviser, is scheduled to be sentenced in…
Minneapolis-based ID Insight helps financial institutions pinpoint account theft

Minneapolis-based ID Insight helps financial institutions pinpoint account theft

Founder Adam Elliott's software company ID Insight is sort of a microbrewer in the land of the Budweisers that dominate the technology war against cybercriminals.

Recombinetics, Smart Information Flow Technologies lead winners of Tekne awards

The Minnesota High Tech Association honored 14 companies.
Investors take stock of a Trumped-up market

Investors take stock of a Trumped-up market

Shaking off the campaign rhetoric, market watchers are embracing the prospect
Founder Anett Grant of Executive Speaking teaches with new tools

Founder Anett Grant of Executive Speaking teaches with new tools

Anett Grant, a four-decade pioneer of the local executive-speaking circuit, had just about had it with the business a couple of years ago. “I was…
Apparel firm Asiya eyes female hijab sportswear niche

Apparel firm Asiya eyes female hijab sportswear niche

The vision of a Somali immigrant and her Minnesota-born business partner to outfit the growing ranks of Muslim-girl athletes through a line of customized sportswear…
Red Lake Band of northern Minn. plans for all-solar electric generation

Red Lake Band of northern Minn. plans for all-solar electric generation

The Red Lake Band of Chippewa in northern Minnesota intends to build enough solar energy capability on tribal lands over the next several years to…
Todd Klingel, former Minneapolis chamber CEO, dies at 63

Todd Klingel, former Minneapolis chamber CEO, dies at 63

The former publishing executive also played a key role in starting the Step-Up internship program
At tail end of boom, hotelier jumps in with 'dream' project

At tail end of boom, hotelier jumps in with 'dream' project

Independent hotelier Harshal Patel has started construction on what may be downtown’s smallest hotel at what may be the tail end of the hotel boom.…

Women want leaders who can compromise, according to Ginger Consulting

Female opinion leaders are less worried about the economy this year than in 2012 and want national political leaders who can compromise. Every fall, the…
Twin Cities need more 'girls who code'

Twin Cities need more 'girls who code'

Reshma Saujani thinks Nailah Abdullah is all that, particularly if she majors in computer science. Saujani is CEO of Girls Who Code, the national nonprofit…
Burnsville office-supply firm carves out growth in shrinking industry

Burnsville office-supply firm carves out growth in shrinking industry

High-tech systems and high-touch customer service are secret sauce for Innovative Office Solutions
Uponor North America expanded plant; hiring is bigger challenge

Uponor North America expanded plant; hiring is bigger challenge

Uponor North America, which has added enough manufacturing space at its Apple Valley flagship campus over the last couple of years to accommodate a huge…
Fast-growing Atomic Data thinks outside box to diversify tech workforce

Fast-growing Atomic Data thinks outside box to diversify tech workforce

Angelina Courtney and Ezell Jones, employees at Atomic Data’s downtown data center, could be the face of a diversifying tech workforce. “If we want a…
CEO Lee Oberg plans to expand Massage Retreat & Spa through franchisees

CEO Lee Oberg plans to expand Massage Retreat & Spa through franchisees

Lee Oberg, a former Life Time Fitness manager, started his first Massage Retreat & Spa nine years ago at a Plymouth shopping mall. “We started…
Tom Hubler, one-time family therapist, joins Platinum Group to work on family-business issues

Tom Hubler, one-time family therapist, joins Platinum Group to work on family-business issues

Family business Tom Hubler’s next stop: Merger with investment bank to help families Tom Hubler, a one-time family therapist who years ago started a business…
Low-profile ECMC Group pursues controversial expansion plan

Low-profile ECMC Group pursues controversial expansion plan

A low-profile enterprise moved its headquarters and more than 500 employees last month from Oakdale to Washington Square in downtown Minneapolis. There’s room for up…

Actua made big money owning GovDelivery

Pennsylvania-based Actua Corp., which is selling its St. Paul-based GovDelivery to a huge private equity group for $153 million, realized pretty good value from its…
MDI CEO Peter McDermott discusses the power of an inclusive workplace

MDI CEO Peter McDermott discusses the power of an inclusive workplace

Peter McDermott is a veteran accountant, business manager and industrial-development executive who took over then-struggling Minnesota Diversified Industries (MDI) in 2008.
American Indian Community Development Corp. delivers housing on E. Franklin Av.

American Indian Community Development Corp. delivers housing on E. Franklin Av.

Gabriel Corbesia works as a security guard and recently graduated from Summit Academy near the top of his carpentry class. Corbesia, a member of the…
Twin Cities entrepreneurs share secrets on how to get beyond survival

Twin Cities entrepreneurs share secrets on how to get beyond survival

Gloria Freeman became an entrepreneur when she was laid off from her job as an insurance underwriter in 1999. She followed her heart, drew on…
IPO market remains a shadow of its former self

IPO market remains a shadow of its former self

Investment banks have not seen initial offering revenue this low since mid-1990s.
U's tech office to partner with Wisconsin business accelerator

U's tech office to partner with Wisconsin business accelerator

Partnership is aimed at allowing start-ups to tap into a broader network of potential investors.
$153M sale to Vista Equity will allow GovDelivery to step up growth

$153M sale to Vista Equity will allow GovDelivery to step up growth

St. Paul-based software firm GovDelivery bought by Vista Equity Partners.
Prime Digital Academy is moving to Grain Exchange building

Prime Digital Academy is moving to Grain Exchange building

Prime Digital Academy, the employer-driven software-training certificate program, will move from Bloomington to expanded quarters in the Minneapolis Grain Exchange in January.
April 2016: CoCo's new minority fellowships part of local tech scene's efforts to recruit people of color

April 2016: CoCo's new minority fellowships part of local tech scene's efforts to recruit people of color

Alex Ro­dri­guez, not to be con­fused with the New York Yan­kee, is a prom­is­ing play­er in the Twin Cities tech­nol­o­gy scene.
Stemonix, a stem cell research firm, wins Minnesota Cup competition

Stemonix, a stem cell research firm, wins Minnesota Cup competition

Ping Yeh started Stemonix after surviving cancer to study heart damage.
How Tech Dump used marketing savvy to dodge commodity price declines of recyclables

How Tech Dump used marketing savvy to dodge commodity price declines of recyclables

Manuel Santos was grateful last month as he disassembled a personal computer and separated the parts to recycle on one of his last days at…
St. Anthony: Folks behind Ever Cat Fuels eye a second act

St. Anthony: Folks behind Ever Cat Fuels eye a second act

It’s been a decade since the scientists at McNeff family-owned SarTec in Anoka, a natural-product feed-supplement supplier to farmers, collaborated with a Rhodes scholar and…
Brad Cleveland, who helped build Proto Labs, dies at age 56

Brad Cleveland, who helped build Proto Labs, dies at age 56

He helped shape strategy that would turn the firm into a $2 billion company.
State Fair drives $250 million in economic activity over two weeks

State Fair drives $250 million in economic activity over two weeks

By comparison, the Minnesota Vikings had annual revenue of about $280 million in 2014, Forbes Magazine estimated last year.
Retired lawyer salutes 'odd jobs'

Retired lawyer salutes 'odd jobs'

Pat Delaney, who retired as chairman of Lindquist & Vennum’s corporate-law department in 2002, counts 17 “odd jobs” that he worked from age 13 on…
St. Anthony: Homegrown sunflower oil business is at a crossroads

St. Anthony: Homegrown sunflower oil business is at a crossroads

PIERZ, MINN. ­– Tom and Jenni Smude almost lost their farm in 2007-08 due to consecutive drought years and hailstorms that devastated their corn…
St. Anthony: Making it easier to recycle at the State Fair

St. Anthony: Making it easier to recycle at the State Fair

The Minnesota State Fair generates something north of 84 tons of waste every day over its 12-day run that ends Monday. Mitch Hedlund, a veteran…
Business case for Southwest LRT rolls, with a detour

Business case for Southwest LRT rolls, with a detour

Business lobbyists as well as transit advocates are pressing Gov. Mark Dayton and House Speaker Kurt Daudt, a Republican whose caucus eschews metro-transit projects, to…
St. Anthony: Charting a better course for retirement

St. Anthony: Charting a better course for retirement

Planning extends beyond saving to a rethinking of the entire concept.
Summer interns have a big impact at state's small IT, engineering firms

Summer interns have a big impact at state's small IT, engineering firms

State-funded program helps dozens of small companies hire summer help
CEO Michael Reger's exit at Northern Oil is latest jolt in unfolding tale

CEO Michael Reger's exit at Northern Oil is latest jolt in unfolding tale

The mercurial life of Northern Oil & Gas has been turbulent, even for the volatile energy trade. Northern is marked by early-stage stock killings by…

State bars internet lender, wins $11.7M settlement over 'rent-a-tribe' loans

The deal covers loans involving more than 6,000 borrowers in Minnesota.
St. Paul nonprofit's new tool improves income for African farm families

St. Paul nonprofit's new tool improves income for African farm families

In rural Senegal in West Africa, an enterprising woman named Aissatou Ly is earning an extra few bucks a day selling a tasty, nutritious ground-peanut…
Powderhorn Art Fair good for neighborhood economy; Navigate Forward sees executives more concerned with right fit

Powderhorn Art Fair good for neighborhood economy; Navigate Forward sees executives more concerned with right fit

Business was good last weekend for Cheryl Shohet at the Powderhorn Art Fair, the smaller, grass-roots festival in the park about 3 miles from the…
CVRx lands $93M equity financing

CVRx lands $93M equity financing

Medical device maker CVRx will announce Tuesday that it has raised $93 million in venture capital, the largest Minnesota haul this year.The investment was led…
At ImmunoChemistry Technologies, revival was also personal quest for owner

At ImmunoChemistry Technologies, revival was also personal quest for owner

Sally Hed recently became the sole owner of Bloomington-based ImmunoChemistry Technologies, a 10-employee company that makes biotechnology tools that, since 1994, have helped researchers at…

ESOPs, immigration reform are hot business topics

A growing number of employees in Minnesota also are owners through employee stock ownership plans, including long-term “ESOPs” such as Windings Inc. of New Ulm,…
CommonBond pioneers a new way to finance affordable housing

CommonBond pioneers a new way to finance affordable housing

CommonBond Communities just paid $16 million to buy a 112-unit Apple Valley apartment complex that the organization intends to preserve for its working-class tenants at a time when for-profit owners are scooping up rental units, adding amenities and hiking rents — causing a housing crisis for some amid a red-hot market. And CommonBond did it without any government subsidy.
Midtown Global Market helped revive a community before it hit profitability

Midtown Global Market helped revive a community before it hit profitability

The Midtown Global Market, the public face of the $190 million “Midtown Exchange” redevelopment of the abandoned Sears Roebuck complex on E. Lake Street, celebrated…
Appelquist and Uldrich apply lessons of Lewis and Clark to help managers navigate future

Appelquist and Uldrich apply lessons of Lewis and Clark to help managers navigate future

Jeff Appelquist and Jack Uldrich are accomplished business guys with diverse experience whose careers partly focus on learning from history to navigate the future and…
Contract manufacturer Bell International Labs plans Eagan facility

Contract manufacturer Bell International Labs plans Eagan facility

Bell International Laboratories plans to break ground Monday on a new headquarters and plant in Eagan. Mo Saremi, who came to Minnesota about 35 years…

Strong year shaping up for venture capital in U.S., Minnesota

Venture capital raising appears headed for another strong year both nationally and in Minnesota.Venture capitalists around the country invested $15.3 billion in 961 deals in…
Mergers-and-acquisitions business slowed in 1st half of '16

Mergers-and-acquisitions business slowed in 1st half of '16

It's a trend locally and nationally, but analysts aren't worried after two "really good years."
Duane Rouse grew ABRA fast through acquisitions

Duane Rouse grew ABRA fast through acquisitions

Duane Rouse has been a road warrior in the merger-and-acquisition wave of the past several years. Rouse, 55, is CEO of Brooklyn Park-based ABRA Auto…

CEO Hoffman's score at Toro; Cargill clipped by UnitedHealth Group in size

Retirement Toro CEO Hoffman started his 39-year-run with company fixing and selling machines Mike Hoffman, who will retire after 11 years as Toro CEO at…
Inside Track: Cookie Cart expands; paying for Vikings, Timberwolves homes

Inside Track: Cookie Cart expands; paying for Vikings, Timberwolves homes

Cookie Cart, one of the original “social enterprises” before that term was coined by nonprofit entrepreneurs, was started on W. Broadway Avenue in north Minneapolis…
Hed Cycling prospers under Anne Hed two years after Steve Hed's death

Hed Cycling prospers under Anne Hed two years after Steve Hed's death

Steve Hed, a bicycling enthusiast who made it a family business, would be very proud of the folks at Hed Cycling.
Silicon North Stars grow in third year; long-incubating ISurTec launches from University Enterprise Labs

Silicon North Stars grow in third year; long-incubating ISurTec launches from University Enterprise Labs

The Silicon North Stars, started in 2014 by a Google executive who hails from Minnesota, send 16 Twin Cities eighth- and ninth-graders to Silicon Valley…
Sm+RT works on first factory-built house in Minneapolis

Sm+RT works on first factory-built house in Minneapolis

In May, Thor Construction CEO Ravi Norman and two colleagues announced a plan to help fill a gaping hole in the Twin Cities housing market.…
Summit Brewing, at 30, finds itself in tight craft beer market

Summit Brewing, at 30, finds itself in tight craft beer market

More than 30 years ago, a serious home-brewer named Mark Stutrud wrote a letter to the head of the American Brewer's Association.
MEDA nonprofit refocuses on economic disparities in Minnesota

MEDA nonprofit refocuses on economic disparities in Minnesota

Gary Cunningham, the veteran foundation executive and community economic developer, is recalibrating the 45-year-old Metropolitan Economic Development Association.
Dispute between Afro Deli owner and landlord spawns lawsuit

Dispute between Afro Deli owner and landlord spawns lawsuit

The owner of six-year-old Afro Deli, a popular restaurant on the West Bank, has sued his landlord after a monthslong tussle over lease renewal amid…
Scene + Heard: MicroGrants celebrates 10 years of giving

Scene + Heard: MicroGrants celebrates 10 years of giving

MicroGrants celebrated its 10th anniversary of giving to local grass-roots entrepreneurs with a party at the Minneapolis Club.
YMCA to move headquarters, health club to Gaviidae

YMCA to move headquarters, health club to Gaviidae

The board of the YMCA of the Greater Twin Cities has approved a plan to acquire several floors in the Gaviidae Common building for a new downtown headquarters, flagship health club and community service activities.
After buying back family business, brothers eye growth in language services

After buying back family business, brothers eye growth in language services

Minneapolis-based translation firm has big target for growth.
Young athletes, coaches, mentors learn about personal finance before they play ball

Young athletes, coaches, mentors learn about personal finance before they play ball

One piece of advice: Pay yourself first by saving when you are young.
ESOPs are one way to build employee loyalty

ESOPs are one way to build employee loyalty

PadillaCRT sees dividends from employee ownership, but it's not for every company.
St. Anthony: Popular small business loan program is back

St. Anthony: Popular small business loan program is back

A popular federal real estate loan program for small businesses is back in banking's tool kit.The Small Business Administration's 504 Refinance Program helped save some…
Construction boom along St. Paul's Green Line includes more affordable housing

Construction boom along St. Paul's Green Line includes more affordable housing

A years-planned Brownstone apartment redevelopment project along the Green Line light-rail transit corridor in St. Paul has broken ground for 35 apartments targeted to working-class folks.
St. Anthony: No signs of settlement in dispute over Afro Deli

St. Anthony: No signs of settlement in dispute over Afro Deli

Afro Deli, the signature commercial business in the 7-year-old African Development Center (ADC) on the West Bank, likely will close by June 30 due to…
FedEx delivery is big growth vehicle for MVS

FedEx delivery is big growth vehicle for MVS

Valerie and Melvin Scroggins run a growing small business that also is the consumer's interface with huge Federal Express.
Ten K Solar hires former 3M executive as CEO

Ten K Solar hires former 3M executive as CEO

Jeffrey Hohn succeeds founder Joel Cannon, who led the firm for eight years.
St. Anthony: DeLaSalle alum pitches financial smarts to pro athletes

St. Anthony: DeLaSalle alum pitches financial smarts to pro athletes

Romone Penny, a small-business owner, was a good basketball player out of south Minneapolis and DeLaSalle High School 15 years ago. He also proves ­—…
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