Skip to main content

The Week's Top Business Stories

  • Author:
  • Updated:
    Original:

From the editors of Twin Cities Business:

Stratasys To Add Jobs After $403M Acquisition

Eden Prairie-based 3D-printing company Stratasys inked a deal to acquire competitor MakerBot in a stock transaction worth at least $403 million. And it’s planning to add at least 80 jobs by the end of the year.

After Two Months Of Losses, MN Adds 8,400 Jobs

Growth in the local labor market slowed in recent months as weather-sensitive industries delayed hiring amid the extended cold weather. In May, employers added thousands of jobs as the weather turned around. Meanwhile, the unemployment rate held steady.

Court Rules Against Tennant In Lawsuit Over Ad Claims

A German court ruled in favor of Tennant Company’s competitor, which claimed that some of Tennant’s advertising claims were misleading. Tennant, which is based in Golden Valley, is considering an appeal.

7 Minnesotans Win Entrepreneur Of The Year Awards

The entrepreneurs behind Minnesota companies Coolibar, Hot Mama, KLN Family Brands, Milk Specialties Global, Minimizer, and Pawn
America were among the winners in Ernst & Young’s Entrepreneurs of the Year for the Upper Midwest competition. They will now compete at a national awards event.

Techne To Buy Device Manufacturer For $104M

Minneapolis-based Techne Corporation, a manufacturer of biotechnology products that are used in life sciences research, will acquire Bionostics Holdings Limited and its operating subsidiary, Bionostics, Inc., for $104 million in cash.

Next Up

St. Louis County

St. Louis County set to declare state of emergency ahead of peak flood levels

Volunteers are urgently needed for sandbagging efforts in a small community near Voyageurs National Park.

Screen Shot 2022-05-16 at 5.03.30 PM

Brothers Bar & Grill closes in downtown Minneapolis

The Midwest chain closed its St. Cloud location in 2018.

Ken Jeong

Licensed physician Ken Jeong to do standup in MN this September

The licensed physician will take the stage at Treasure Island Resort and Casino on Sept. 30.

Osseo Police Department

Osseo PD says officer did not pursue suspect who caused fatal crash

The crash happened in Brooklyn Park early Sunday morning.

221 Main Street. E. Albert Lea

Suspect arrested after 3 family members stabbed in Albert Lea

The three victims are related, according to police.

wastewater

Evidence that omicron strains BA.4 and BA.5 are in Minnesota

The European CDC has warned of a possible significant summer surge fueled by the omicron subvariants.

driving unsplash - crop

Hastings man charged for driving drunk with 2-year-old in vehicle

Matthew Quade's BAC was almost five times over the legal limit when police pulled him over last week.

police lights

Arrest made after person shot at Hopkins apartment building

Police say this was an isolated incident and that the victim and suspect knew each other.

covid

BA.2.12.1 omicron subvariant quickly becoming dominant in MN

Experts say the subvariant is more transmissible but there is not evidence to suggest it causes more severe disease.

Related