Recent content from Burl Gilyard
Minnesota alleges Reynolds, Walmart falsely advertised waste bags as recyclable
State Attorney General Keith Ellison announced the lawsuit, which says consumers can't recycle the polyethylene bags at any facility in Minnesota, rendering items within them also non-recyclable.
Legrand AV to close its Shakopee facility and lay off 70 workers
The French company acquired a Minnesota audio visual firm in 2017.
3M spending $146M to expand biopharma filtration manufacturing
The technology supports pharmaceutical development and manufacturing as part of purification procedures.
Former SBA administrator will be Minnesota's next DEED commissioner
Matt Varilek is president of Initiative Foundation in Little Falls.
Boston Scientific pins growth on success of Minnesota-made heart device
The Watchman device, which was developed in the Twin Cities, has been a breakout success. The Massachusetts-based company's growth hinges on its continued rise.
Medtronic makes $738M deal to help boost struggling diabetes business
The deal was announced as the company announced fourth quarter profits were down 20%.
Analysts expect Medtronic to deliver frank financial answers this week
The company is investing more than $350 million, adding jobs in India during global belt-tightening.
Fresh Vine Wine, under new leadership, continues to see rocky results
The company, which said it must postpone filing its quarterly results, said in a filing it expects quarterly revenue to fall by more than half.
Medtronic is filling its London animation studio with gaming and film pros
Medtronic has a medical visualization unit to help educate medical professionals about using its products.
Caribou Coffee looks to expand through franchises, more Minnesota locations
Plans call for adding more than 300 new stores around the U.S., with its first-ever domestic franchises.
Polar Semiconductor eyes federal subsidies to help double output of Bloomington plant
Polar hosted semiconductor industry leaders this week as the group strategized on how to get a piece of federal money and expand their U.S. operations.
Knife-wielding man leaves boy, 12, with 'life-threatening' wounds
Suspect had possible drug-related medical issues in south Minneapolis incident.
$154M mortgage for Minneapolis' IDS Center in limbo
Accesso Partners continues negotiations to work out a deal on the loan for the downtown Minneapolis landmark.
KPMG leaving Wells Fargo Center for North Loop, downsizing space
The accounting firm is the latest business to leave the core of downtown and downsize space.
Abbott closes on $850 million acquisition of New Brighton's Cardiovascular Systems
With the purchase, Abbott now has 5,000 employees in Minnesota.
Uptick in medical procedures help Boston Scientific triple quarterly profits
The company, which has significant Minnesota presence, boosts guidance for the year ahead
FDA lifts restrictions on Medtronic's diabetes business
The agency also approved the Minnesota med-tech company's latest insulin pump.
Despite FDA warning from past recalls, agency OKs Medtronic's new insulin pump
The MiniMed 780G device has not previously been available in the U.S.
Hundreds of animals around world have Medtronic heart monitors just like humans
Minnesota company donates the devices for research around the globe, including to study wolves at the Wildlife Science Center in Stacy, and University of Minnesota research on black bears.
Abbott reports strong medical device sales, topping profit expectations
The planned acquisition of Minnesota-based Cardiovascular Systems could close soon.
U.S. Supreme Court sides with Mall of America in lease battle over former Sears space
The ruling allows the mall's owners to continue to legally challenge a holding company's $10-a-year lease for the empty space.
Minneapolis Downtown Council CEO Steve Cramer to retire
The longtime booster of downtown departs after a long career in city, county and nonprofit roles.
Medtronic begins global layoffs as part of cost-cutting plan
The Fridley-based medical device company did not disclose the exact number of jobs it will cut.
Lifecore Biomedical draws delisting warning after delay in filing quarterly financials
Chaska-based Lifecore, which makes injectable pharmaceuticals, also anounced last month the company is exploring a possible sale.
Prostate cancer test leads Bio-Techne's expansion into diagnostics
CEO sees potential billion-dollar business for the Minneapolis-based company.
South Carolina firm will hire more than 100 workers for new catheter plant in Arden Hills
Zeus Industrial says it wants to expand customer base in Minnesota.
Advertising executive Christine Fruechte named chair of Star Tribune board
The change takes place with Mike Klingensmith's retirement as publisher and interim chair.
AT&T leaving namesake downtown Mpls. tower for suburban facility
The telecommunications company said it's moving operations from the 34-story building on Marquette Avenue to a location in Bloomington.
Medtronic launches Mozarc Medical, a joint venture with DaVita focused on renal care
The move is part of the medtech giant's plan to shed select businesses and cut costs.
Stratasys unanimously rejects Nano Dimension's second takeover bid
Nano Dimension raised its bid from $18 a share to $19.55 a share.
Heavy snow melt has Minnesota homeowners wondering: Should I own flood insurance?
Regular homeowner policies do not cover floods. Minnesotans need to do their research on if they think the cost is worth it, and know what flood insurance covers.
St. Paul's Schmidt Brewery Rathskeller entering foreclosure despite redevelopment efforts
Mancini's Char House will continue to operate its event center out of the location.
Typo in U.S. Bancorp's annual report misrepresented the value of the bank's loans
The Minneapolis-based bank accidentally said its loans were worth $50.6 billion more than when they originated instead of $12.4 billion less.
Bright Health proposes reverse stock split to retain NYSE listing
The split would boost stock price, which has dropped nearly 99% since it went public.
Blue Cross Blue Shield exiting HQ building on Eagan campus
Like other companies such as UnitedHealth Group, Blue Cross said a new hybrid work model is behind the move.
UnitedHealth's Minnetonka headquarters building for sale
UnitedHealth says it will stay in Minnetonka but is evaluating real estate needs because of the move toward hybrid or full telecommuting.
Minneapolis biotechnology company under SEC investigation
The Securities and Exchange commission is seeking documents related to the November firing of Foxo Technologies' CEO.
With declining revenue, Chaska biomedical company looking at 'strategic alternative'
Lifecore Biomedical lost two-thirds of its market value Friday after its announcement.
Eden Prairie aerospace contractor Ion Corp. to expand in north Minneapolis
Company plans to spend more than $30 million on the new factory on W. Broadway.
ANI Pharmaceuticals seeing growth with rare disease drug sales
Company wants to expand platform, could acquire other products
Nonprofit involving Cargill, 3M hopes state will fund half of $200M biomanufacturing campus
The nonprofit BioMADE would support efforts to turn feedstocks such as corn, soy beans and sugar beets.
Camping World's Active Sports to close Little Canada facilities, affecting 90 workers
Parent company saw declining fourth-quarter sales.
Bio-Techne will invest $257 million in New Brighton med-tech company
The deal for 20% of Wilson Wolf is to expand the Minneapolis-based company's work with cell and gene therapies.
Caribou Coffee paring down downtown Minneapolis footprint to just four stores
Eight stores will shutter, leaving open just one in the skyway system.
Why new development on Minneapolis Kmart site is still years away
A number of factors are behind the long timeline for the plans, which were halted by the riots after George Floyd's murder.
Tesla adding Golden Valley and Lake Elmo dealerships
If both open, Tesla would have five Twin Cities dealerships. A possible Bloomington project is not moving forward.
Medtronic executive: 'Significant cost reductions' are underway
The company's net income is down amid inflation and unfavorable currency exchange rates.
Despite high vacancy, most hotels in decades opened last year in downtown Minneapolis
The six hotels — projects that began before pandemic — are now banking on a rebound in the Twin Cities hospitality sector.
Plastech closing Anoka plant, laying off all 71 workers
Consolidation drives layoffs for plastic injection molder.
Ecolab sees net income drop amid economic challenges
The company also said it will expand cost-cutting in Europe.
Blue Cross and Blue Shield of Minnesota lays off about 80 employees
The nonprofit said these cuts come as it is also adding several hundred new jobs.
California jury renders $106.5 million verdict against Medtronic in heart-valve patent case
The Minnesota medical technology giant says it strongly disagrees with the decision and plans to appeal.
Abbott to buy New Brighton-based Cardiovascular Systems Inc. for $890 million
The acquisition allows Illinois-based medtech giant Abbott to expand its reach in treating arterial disease.
Bed, Bath & Beyond to close three more Minnesota stores
The company, which previously announced plans to shutter its Bloomington store, this week revealed its decision to close stores in Minnetonka, Roseville and Rochester.
New 3M tape for wearable medical devices can now stick up to 28 days
The company is known for its office supply adhesives, but it has long made medical tape, too.
Eden Prairie med-tech firm to lay off 13% of employees after FDA approval delay
Surmodics made the move after a letter from the Food and Drug Administration requesting more information and data about the company's new drug-coated balloon device.
Bright Health lays off another 68 employees at Bloomington headquarters
The Bloomington-based company is enacting a series of layoffs, reflecting its severe retreat from its core mission of selling individual and family health insurance.
Boston Scientific sees sales uptick with strong demand for Watchman device
Company recently completed expansion of Maple Grove manufacturing facility
Honeywell and union strike deal, averting lockout at Twin Cities plants
The Minnesota workers represented by Teamsters Local 1145 ratified new contract in a vote Sunday.
A Twin Cities pool contractor must pay more than $2 million for deceiving customers
Attorney General Keith Ellison's office first sued MN Crete Pools last August. A Scott County judge issued a default judgement late last week.
Medtronic recommends shareholders reject below-market mini-tender offer
The offer comes from a Canadian firm with a history of trying to buy discounted bulk shares in several large companies.
New auction date set for Hilton Hotel in downtown Minneapolis as business picks up
The largest hotel in the state turned a profit in 2022 on $44 million in revenue, up significantly from the year before.
Abbott Labs reports lower revenue as baby formula sales struggle to rebound
The Justice Department has opened a criminal investigation into the company's baby formula plant, but Abbott sees signs of improvement in the year ahead.
Honeywell threatens to lock out Teamsters if contract deal not reached next week
The union representing workers in the Twin Cities voted down the previous agreement offering 14% pay raises over five years.
MNsure reports nearly 130,000 enrollees for health care insurance in 2023
The CEO of the state's program, Nate Clark, also announced plans to retire in March.
UnitedHealth's Optum gets FDA warning letter over 'serious deficiencies' at infusion facility
The agency cited a presence of vermin at drug compounding site in Arizona.
Facing delisting, Roseville-based Calyxt to merge with California agtech firm
The company, which started from research at the University of Minnesota that edited out genes in soybeans that caused trans fats in oil, will be folded into the San Diego-based firm.
2023 Minnesota State Fair ticket prices go up $1
The Great Minnesota Get-Together saw strong gains in attendance last year.
Auction of Hilton Hotel in downtown Minneapolis delayed
No date has been set for a rescheduled auction for the state's largest hotel.
Hormel exec Jeff Frank tapped as new Organic Valley CEO
The Wisconsin-based cooperative is owned by more than 1,700 family farms.
Medtronic taps new chief quality officer in wake of high number of recalls
The company says it has been taking steps to improve medical device quality and safety.
Agiliti's CEO Tom Leonard to retire in March
The Eden Prairie-based medical equipment and services company surpassed $1 billion in sales in 2021 followings its IPO.
Cargill Chief Financial Officer Jamie Miller steps down
The company's first female CFO is leaving after just 18 months. It's the second executive transition for the Minnetonka-based agribusiness giant so far this year.
Lutheran congregations join forces for faith and football before Vikings-Packers game
Congregants gathered in North Branch, Minn. for a pre-game potluck.
Terrace Group builds portfolio with $10M purchase of Metro 94 Business Center
The property has a diverse mix of tenants, including the Metropolitan Council.
