Local company news

December 9, 2014 at 2:00AM

Mergers and acquisitions

Dakota Plains Holdings Inc., Wayzata, has bought out its joint venture partner, World Fuel Services, to acquire full ownership of its oil train loading, oil marketing and sand unloading operations based at its Pioneer Terminal in New Town N.D. Dakota Plains said it paid $43 million and will make contingent future payments per barrel loaded.

Personnel

C.H. Robinson, Eden Prairie, announced that chief financial officer Chad Lindbloom will assume the role of chief information officer. He'll remain CFO while the company conducts a search for his replacement.

about the writer

about the writer

More from Business

See More
card image
Spencer Platt

The U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now.

Attendees of Frostbike made their way through the convention Saturday at the Quality Bike Products campus in Minneapolis. ] (AARON LAVINSKY/STAR TRIBUNE) aaron.lavinsky@startribune.com Frostbike 2016 was held at the Quality Bike Products Campus on Saturday, Feb. 27, 2016 in Bloomington, Minn.
card image