Recent content from Patrick Kennedy
Industrial supplier sees continued increase in safety products because of COVID-19 but also its core products.
C.H. Robinson's Emissions IQ tool will measure carbon footprint of shipments including hard to measure less-than-truckload loads.
Business conditions rebounded for the Minneapolis-based company after COVID-19 downturns.
New firm breaks ground on expansion to an existing Mich. recycling center to extract cobalt, copper, nickel from industrial waste.
The Medina-based company will work with Boston-based Optimus Ride to develop new electric platform.
Michael Roman3M Co.Chairman and chief executiveTotal compensation: $6,825,832 for the year ended Dec. 31Salary: $1,299,948Non-equity incentive pay: $1,582,901Other compensation: $106,513Exercised stock options: $1,336,651Value realized on…
Winnebago execs believe a major shift in demand is underway.
Fourth quarter sales grew 1% as it halted several negative sales and new customer growth trends.
Douglas Baker Ecolab Inc. Executive chairman, former CEOTotal compensation: $73,799,062 for the year ended Dec. 31Salary: $1,326,125Nonequity incentive pay: $0Other compensation: $123,393Exercised stock options: $64,127,215Value…
As a provider of life insurance, St. Paul-based Securian Financial knew more than most companies the devastating impact of the COVID-19 pandemic.Like other companies, Securian…
Scott Wine, former chairman and chief executive, Polaris Inc.Total compensation: $6,125,708 for the year ended Dec. 31Salary: $318,462Nonequity incentive pay: $0Other compensation: $258,741Value realized on…
Jirele, a financial services industry veteran, is succeeding Walter White, who has led the company since 2011.
Always a steady provider of dividends, pandemic created more gains for firm.
Mairs and Power says the new fund is designed to be low-cost and low-risk.
The deal gives ANI, based in the border town of Baudette, a sizable addition to its manufacturing capacity.
Andrew Cecere, U.S. Bancorp, chairman, president, CEOTotal compensation: $8,214,045 for the year ended Dec. 31Salary: $1,200,000Nonequity incentive pay: $1,946,160Other compensation: $61,256Value realized on vesting shares:…
Residential buyers purchased snow equipment as contractors bought landscaping mowers.
Leader of Bloomington software company saw a huge gain in 2020 compensation after exercising stock options that soared in value.
The Minnetonka company already has sold two businesses and plans to divest its other holdings in the broadband industry to fund the merger and new company.
Increased pet ownership helped Patterson's third quarter results while dental practices are still struggling to get back to pre-pandemic patient levels.
Deluxe's reality series has focused on small towns, but after George Floyd's killing and the unrest that followed, the company decided to focus on Twin Cities.
The company, based in Eden Prairie and Israel, shows sequential quarterly improvement and anticipates trends will continue as it launches new initiatives in 2021.
New all electric Ranger will be designed and developed in Minnesota and built in Alabama.
James OwensH.B. Fuller Co.President and CEOTotal compensation: $6,792,446 for the year ended Nov. 30Salary: $1,225,977Nonequity incentive pay: $1,044,717Other compensation: $362,306Exercised stock options: $2,089,341Value realized on…
Omnia not only sells the gear, it helps consumers pick out what they need for specific lakes.
Revenue and earnings fell in 2020, but the company is off to a busy 2021 highlighted by a CEO change, new product introductions and the sale of one of its units.
The firm's life insurance businesses paid off more policies due to deaths caused by the virus.
The struggling parent of ShopHQ home shopping network's offering is underwritten by Craig-Hallum Capital Group.
The company's chief financial officer will take over in June
While its sales of disinfectants used to clean health care facilities was up, the company was hit by the laggard industrial sector.
The provider of computer space for cryptocurrency mining expects burst of revenue growth.
The Maple Plain-based company reported revenue decreases in the fourth quarter and 2020 and offered cautious guidance for first quarter of 2021.
The company helps retailers connect their supply chains.
Now with three teams, the company will be called Version1.
The district said in an e-mail that temperatures are not expected to dip below its threshold for suspending in-person schooling.
The state logged two public offerings in 2020.
The company did not adjust financial targets for bonuses last year, which were set before the coronavirus hit the U.S.
With elective procedures down because of increased hospitalization rates with COVID-19, fewer Cardiovascular Solutions devices were used.
The company reported profits increased more than 400% in the third quarter as new gun owners create a surge in demand for ammunition.
Strong performance in all markets and segments helped Bio-Techne increase second quarter adjusted EPS 50%.
Health insurers, food farms drew some of the biggest investments in state history.
IFC National Marketing was one of three purchases in January by Dallas-based Integrity Marketing Group.
The Maple Plain-based contract manufacturer's stock has risen on its recent acquisition.
Company doubles 4Q incomes as it overcame pandemic-related issues in the first part of the year.
Mayo Clinic leads the Star Tribune's annual look at nonprofits from big medical institutions to colleges and arts groups.
The coronavirus has wreaked havoc for the nonprofit world, from large health systems to small arts and social service agencies and colleges. These organizations must now figure out how to rebuild after vaccines allow public spaces to open and people form new habits.
Sales of its traditional industrial products were still not where they were pre-pandemic, but the bellwether company's results shows a slowly recovering economy.
Eden Prairie-based C.H. Robinson, which does most of its business figuring out logistics for others, will start distributing produce under Robinson Fresh.
The logistics company announced a partnership with SAS to connect real-time transportation information with retailers' and consumer products companies' needs.
The company completed two acquisitions in 2020, including one on Dec. 31 for Deluxe's rewards platform.
Wall Street and Main Street don't always run parallel in recoveries.
Datasite CEO Rusty Wiley says now is good time for previous investors to exit and new growth equity owners to step in.
CFO Michael Speetzen will serve in the post as the company continues to search for a replacement for Scott Wine.
Qumu is one of the first local companies to adopt a permanent remote work environment.
The company said it expects sales trends to continue to improve and that it could see growth in the second half of its fiscal year.
Mendota Heights-based company saw boost because of efforts to prevent COVID-19, but not all the growth was attributed to that.
Its main business is ammo, the sale of which is rising during pandemic
Harold "Hal" Greenwood, the former president and CEO of Midwest Federal Savings and Loan and a central figure in the savings and loan crisis of…
Scott Wine will become head of CNH Industrial, a worldwide maker of farm equipment.
CEO says it's the right time to hand over the reins of Bloomington company
Now, he said, it is time for his next chapter and he will retire at the end of February.
New focus on business services helps its third-quarter results.
Investments made before pandemic, e-commerce spur strong quarter.
The company's progress toward an all-franchisee business model continues.
Minnesota Røkkr moves to broaden professional e-sports with Call of Duty: Warzone tournament for women.
Switzerland native has experience leading some of company's global operations.
Christophe Beck, currently the St. Paul-based company's president, will take over.
C.H. Robinson Worldwide Inc., the Eden Prairie based third-party logistics firm, said shipping demand accelerated throughout the third quarter while outstripping the growth in carrier…
Sales of boats, motorcycles and ATVs strong as consumers seek outdoor activities in pandemic.
Troy Simonson is going to focus on the group's growing Revo subsidiary, while Chief Operating Officer Aaron Johnson takes the helm.
Fourth-quarter earnings for the recreational vehicle company exceeded expectations, as people turned to outdoor activities during the coronavirus pandemic.
Home improvements attributed to the pandemic helped overall performance, analysts say.
Carpenter's compensation was down more than 60% from the $9 million he realized in fiscal 2019.
Surge in outdoor activities such as kayaking, canoeing due to pandemic increases output for state manufacturers.
New Brighton-based safety service company, recently gone public, eyes more acquisitions in 2021.