Verso Paper Corp. says it has received about $40 million in insurance money after the explosion and fire that killed one worker and injured four other employees in Sartell, Minn., on Memorial Day, the St. Cloud Times reports. The company expects to collect an additional $44 million settlement.

Aerospace company AAR says it will revive an aircraft maintenance center that Northwest Airlines abandoned in 2005. AAR plans to start hiring this summer. The welders, mechanics, and machinists will earn $30,000 to $80,000 per year.

The Calgary, Alberta-based petroleum pipeline company is expanding its operations in the Twin Ports region. A company spokeswoman told the News Tribune it already has more than 550 employees and contractors. She says the new professional positions will include civil, electrical and environmental engineers and safety specialists.

One method off the table -- selling more tobacco bonds. House Democrats say the state cannot borrow against its multi-billion dollar tobacco settlement again.