The Minneapolis-based business announced a reorganization plan that will cut debt and result in the company going private—and its founder and CEO has stepped down.
TRW Automotive said that a contract it recently landed is driving its expansion in Minnesota.
In unrelated transactions, private equity firms acquired Twin Cities companies Shock Doctor and Innovative Laser Technologies.
See which Minnesota firms made the cut for this list of 100 credible corporations.
Filmed in Minnesota, award-winning film Dear White People is set for a theatrical release and will be distributed by Lionsgate and Roadside Attractions.