The Golden Valley-based company reported a 9 percent sales increase, despite alack of demand in Western Europe. Pentair is in the process of merging with Tyco International's Flow Control business.
Brewery, taproom moving into former Twin Cities newspaper space
Loons Landing officially signed the lease this week.
Police: Car with dog inside stolen from outside Twin Cities liquor store
They're asking people to be on the lookout for the vehicle.
Murder charge filed over inmate's death at Chisago Co. Jail
The man suddenly became unresponsive and died while in a holding cell.
Minnesota DFL lawmakers form Reproductive Freedom Caucus
The move comes as some Republicans explore proposals to limit abortion access.
Counties without K-12 mask mandate see sharper rise in child COVID cases
That's according to a new study released Friday by the CDC.
Bloomington woman dies in crash on southwest Twin Cities highway
The collision happened just south of the Minnesota Renaissance Festival grounds.
Twin Cities restaurant hires robot named DeeDee to help out
It's the first of its kind in Minnesota.
Pfizer booster shots immediately available for select Minnesotans
118 fully vaccinated Minnesotans have died from COVID-19.
19-year-old charged alongside Anton Lazzaro pleads not guilty
She's accused of helping the GOP operative traffic underage girls.
Dalvin Cook misses Vikings practice on Friday
Cook suffered an ankle injury during the Cardinals game.
Gallery: Historic church renovated into home is yours for $248,000
The church-turned-home offers an open floor plan in the heart of Howard Lake.
MN GOP Rep. spreads voted fraud disinformation, draws rebuke from SoS
The lawmaker cited a video claiming there are more than 1.2 million "missing" votes.
Tyco's shareholders OK merger with Minnesota-based Pentair
Shareholders of Switzerland-based Tyco International have approved a breakup of the company. The deal will merge its flow-control unit with Minnesota-based Pentair, the Business Journal reports. The merged company will continue to be based in Golden Valley and publicly-traded under Pentair’s symbol in the U.S.
Honeywell to acquire Swiss-based energy controls firm for $130M
New Jersey-based Honeywell International Inc. has reached a deal to buy Saia Burgess Controls for $130 million, the Star Tribune reports. The Swiss-based company makes programmable heating and cooling controls for commercial buildings. It will become part of Honeywell’s Environmental and Combustion Controls business, which is based in Golden Valley.
Ecolab's net income, sales surge in third quarter
Ecolab Inc., the St. Paul-based cleaning and pest-control giant, says its net sales jumped 74 percent to $3 billion in the third quarter, RTTNews.com reports. Net income was also up 54 percent compared to the same period a year earlier.
General Mills profit rises on Yoplait, snack food acquisitions
Golden Valley-based General Mills Inc. says that its fiscal first-quarter profit went up 35 percent, with acquisitions lifting sales, the Associated Press reports. The results in the latest quarter were aided by the food maker's purchase of a controlling stake in Yoplait International and Food Should Taste Good, a natural snack foods company.
Arctic Cat reports jump in annual net sales and income
Double-digit gains helped fuel the Plymouth-based maker of snowmobiles and all-terrain vehicles. Arctic Cat saw a 26 percent increase in net sales and 130 percent increase in net income for Arctic Cat's just completed fiscal year. The results beat Wall Street predictions, but Arctic Cat issued lower-than-expected profit and sales predictions for the current fiscal year.
Buffalo Wild Wings spices up its logo, restaurants
The new logo still features the same colors, but drops the tagline "Grill & Bar" and replaces it with "Wings. Beer. Sports." Golden Valley-based Buffalo Wild Wings also says the distinctive buffalo image is "more muscular and athletic." The company will officially unveil its new redesigned restaurants later this year.
Hormel Foods 3Q net income soars 13%
Strong sales of Spam and Jennie-O products helped the Austin-based meat producer meet Wall Street expectations. Hormel's third quarter earnings rose to $111.2 million, or 41 cents per share, in the third quarter ended on July 29 compared to $98.5 million, or 36 cents per share, a year earlier.
Capella Education reports net income fell 25 percent in 2Q
The Minneapolis-based for-profit education provider reports total active student enrollment in the second quarter fell 4.6 percent and new enrollment declined by 6 percent. Capella says third-quarter enrollment could increase for the first time in nearly two years.
DONTCHA KNOW?
You Can Get BMTN Special Offers!
