MERGERS AND ACQUISITIONS Medical manufacturer Juno Inc. will spend about $6 million to purchase and renovate a former packaging plant in Anoka. The Anoka City Council expects to vote Monday on an agreement to provide up to $149,000 in property tax abatements to Juno in the next 10 years to support the project, which involves a 112,000-square-foot building at 1220 Lund Blvd. The Juno metal products business -- which operates out of a Juno-owned building at 1040 Lund Blvd. -- will join another division of Cretex to become a new company that will expand into former packaging plant. President David Novak said the company would release more details later this month.
NEW PRODUCTS R4 Vascular Inc., Maple Grove, announced clearance from the U.S. Food and Drug Administration to market the VectorPercutaneous Transluminal Angioplasty balloon catheters in 28 sizes. All Vector balloon catheter sizes are rated for up to 30 atmospheres of pressure and are radiopaque when deflated or inflated.
NEW BUSINESS Smiths Medical, Arden Hills, said that the U.S. Army will purchase the company's CADD-Solis ambulatory infusion system for its Madigan Army Medical Center, at Joint Base Lewis-McChord in Tacoma, Wash
PERSONNEL Deluxe Corp., Shoreview, has hired Jeffrey Bata as vice president, controller and chief accounting officer. Bata was most recently vice president and chief financial officer of Carlson Marketing Worldwide Inc.
