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At Donaldson, a tricky companywide system upgrade in 2016 made a new e-commerce system possible this year.
Edina-based company is restructuring to improve profits.
Kummeth, who became CEO of the Minneapolis-based company in 2013, took home $4.75 million, a 78 percent increase over the previous year.
Bloomington company to pay about $103 million for BOFA International.
Bloomington-based company recorded sales of $2.7 billion in fiscal year.
CEO says it must do more to improve margins.
Homeowners bought more lawn mowers, both walking power mowers and zero-turn riding mowers, from Toro this summer after a long, wet spring dampened their sales…
The Edina-based hair salon company is now a leaner company.
Harmening got an increase to his base salary to $1.2 million that accounts for his new role as CEO.
The announcement came as Nortech reported its best quarterly profit in seven years.
At investment conference, executives discuss growth plans as fund managers contend with fee pressure
The CFA Society's annual gathering captured economic optimism and industry worry.
Silicon North Stars introduces students to career possibilities.
Company expects freight market to remain strong.
Long an idea in the works, Toro's "super-utility" vehicle for turf professionals goes into official production in August.
If Supervalu leaves, the state will have 17 firms on the Fortune 500 list.
The company is looking to add 40 new stores in the second half of the year, CEO also says.
Tennant Co. announced progress in its integration of the Italian firm it acquired last year and said organic sales growth across its geographic regions contributed…
Marie Moilanen was a swimmer, runner, golfer, tennis player, kayaker and paddleboarder. Her friends and family say she enjoyed participating in sports — and helping others be physically active, too.
The rule does not offer apples-to-apples comparison.
On a down market day, Fastenal on Wednesday saw its stock rise 10 percent after reporting double-digit sales and earnings growth. CEO Dan Florness told…
Neugent joined Post after it bought MOM Brands; Howard Friedman will become CEO of Lakeville-based business from Kraft-Heinz.
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
National construction spike pushed sales up 24 percent in the first quarter.
New CEO expects to "return to profit growth" in second half of FY 2019.
Old National to add 2nd Twin Cities community bank in $434M deal.
Midsize business leaders say fostering camaraderie and common purpose is essential to their companies' success.
Local investors have acquired Bloomington-based MidCountry Bank from a bank holding company in Macon, Ga.The seller, MidCountry Financial Corp., also owns consumer-banking operation Pioneer Services,…
Video-sharing platform already serves educators, students in 180 nations.
The region's strength may lie in the wide variety of Twin Cities firms
Company officials say the move would both boost its wholesale business and shareholder value.
Mark Gross, Supervalu Inc. president and CEO Total compensation: $2,830,334 for the year ended Feb. 24, 2018 Salary: $1,126,923 Nonequity incentive pay: $1,676,854 Other compensation:…
RV company acquires boat maker in an effort to diversify its portfolio.
The group behind a failed bid to hold the 2023 World’s Fair in Bloomington has joined with the Medical Alley Association for a new venture.…
New board leadership shakes up company's executive team.
One of the coldest Aprils in 20 years slowed sales of Toro Co.'s lawn mowers for residential users in North America and Europe.Yet sales to…
Frwd joins Bain's digital practice and will remain in Minneapolis.
A second-generation mortician, he took over his father's funeral home, Henry W. Anderson Mortuary, when his father died in 1967. Westen Anderson was in his early 30s then and stayed active in the business until recently.
Beyond the numbers from big public companies, accountants and lawyers say the new law will have even more profound effects on smaller firms.
Sleep Number is one of only 12 companies on the Russell 3000 with a majority female board.
The St. Paul company should be able to accelerate growth by becoming part of Blackbaud, CEO says.
After 12 years leading a transformation from paper to a digital market, Schram will stay until the board finds his successor.
About three-fourths of the company's shareholders rejected its latest payout to top executives.
The Bloomington company priced its initial public offering at $22 per share, which could result in proceeds that exceed $580 million by the end of the day.
Tennant is off to a strong start to fiscal-year 2018, with first-quarter revenue up 42.8 percent.The Golden Valley-based manufacturer of industrial cleaning equipment on Monday…
Mpls.-based company cited adjusted earnings of $3.70 per share.
The company's long-term success has also made Hemsley, who retired as CEO in September, a wealthy man.
The company, though, says it remains on track to meet 2018 earnings goals.
Snowfall numbers won't be in till Sunday, but here's a look at snow depths from other big storms.
Ibach's pay more than doubled in a year that saw a major product launch, corporate name change and move to a new headquarters.
Shares of Fastenal sank 6.2 percent Wednesday after the release of the company’s first-quarter results. The Winona-based company met Wall Street expectations, reporting a 13.2…
The Bloomington-based software firm wants to alter image, expand offerings.
Market's fundamentals undercut by trade-war discussions, tech cool-off.
His compensation was less than in 2016 because earned less from restricted stock awards.
Digi International, the Minnetonka-based provider of internet of things connectivity products for business, will cut 10 percent of its workforce as it shifts work done in its Eden Prairie plant to contract manufacturers.
The Royal Adhesives addition also allowed cost savings as the two companies integrate.
SPS, which provides cloud-based supply chain software and analytics, increased the size of its board from seven to 10 directors.
The move is to expand offerings to landscape and grounds professionals.
His $41 million realized from previously issued stock options fueled a 300 percent increase in his compensation.
Eden Prairie company will part with 21 of its 38 markets in Virginia and North Carolina.
Cascade Investment, already the largest shareholder, purchased nearly 700,000 more shares in the St. Paul-based company.
PeopleNet in Minnetonka makes monitoring equipment to document crashes and provide training for truck companies
Minnetonka-based PeopleNet's products have helped trucking firms steer clear of liability while enhancing driver training.
Andrew Cecere U.S. Bancorp President and CEO Total compensation: $15,957,348 for the year ended Dec. 31, 2017 Salary: $941,538 Nonequity incentive pay: $1,659,867 Other…
Donaldson Co. reported a net loss for the second quarter, but when one-time charges including $109.7 million for changes in the federal tax law are excluded, adjusted earnings were up 23 percent over the same quarter last year.
Firms must work harder than active fund investors to exert influence.
The company also reported a continuing slide in revenue.
The position creates a clear No. 2 to John Wiehoff, chief executive and chairman.
ConvergeOne will trade on Nasdaq under the symbol CVON.
It is the biggest deal since UnitedHealth Group's 2015 purchase of Catamaran.
Company still recorded a net loss for fiscal 2017.
Toro Co. CEO Richard Olson said the company's fiscal 2018 is off to a good start, once again recording record revenue in the first quarter.Revenue…
She served on the board for 12 years, including several as chairwoman.
Net income down from 2016 because of one-time tax charge; new regulations also affected business.
Credit rating agency Experian also ranked the Twin Cities metro as tops.
Revenue up 16 percent in fourth quarter, while earnings jump 50 percent over same period a year ago.
Equilar, in advance of new reporting rules requiring companies to disclose the ratio, found the overall median ratio in the U.S. to be 140:1.
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