Emerson Process Management has opened its new $70 million headquarters in Shakopee. The company makes wireless monitoring systems for oil refineries and other industrial uses. Its business has received a boost from increased oil production.
Minnesota Republicans are taking their party headquarters from the shadow of the state Capitol to a less-glamorous neighborhood in Minneapolis. The move was announced Monday and will be made by the end of January.
Supervalu is eliminating about 1,100 positions nationwide, or about 3 percent of its workforce, less than a week after the supermarket operator completed the sale of five of its grocery chains.
Pinnacle Airlines says it will move its headquarters to Minneapolis from Memphis, Tenn., by May.
Caribou Coffee is being taken private by a German holding company in a deal valued at about $340 million.
A company that makes computer storage devices has moved its headquarters from Minnesota to Colorado Springs, where it has research operations.