Reporter | Business, Research

Kennedy also has written about nonprofit organizations and mergers and acquisition activity.


Are Dutch-style live auctions the next thing for ShopHQ?

Parent company iMedia Brands announces plans to buy Germany-based interactive media retail company for $95M.


CEO Pay Watch: New Regis CEO got $2.5 million signing bonus

The new CEO of hair salon company Regis realized $3.8 million in compensation his first year, $2.5 million from a signing bonus.


Lumber is down from the stratosphere, but still pricey for Minnesota builders and homeowners

Lumber, the main component in home building, now costs half as much as it did this spring, but is still way above pre-pandemic levels.


CEO PayWatch: Kummeth of Bio-Techne earns $40.5M as firm's diagnostic tools aided in pandemic fight

Charles Kummeth, president and CEO of Bio-Techne Corp. realized $40.5 million in total compensation for the fiscal year ended June 30.


Minnesota fitness giant Life Time will return to stock market with an IPO

The Chanhassen-based health club operator was publicly traded from 2004 to 2015, but its founder took it private for several years while it continued to rapidly expand.


Marvin, Northland community college start new degree program to help staffing shortage

Marvin and Northland Community and Technical College are bringing a flexible advanced manufacturing program to Warroad.


Plymouth company breaks ground on $7M new materials innovation center

Minnesota Rubber & Plastics is building the center next to its headquarters to build stronger customer relationships.


Coleman plant in Sauk Rapids closing, eliminating 175 jobs

The company filed notice with the state that it will close the plant, which makes Stearns life jackets.


Residential lawn mower sales a main driver in Toro's boosted quarterly revenue

Sales for the quarter rose 16.2% to $977 million for the maker of lawn mowers, snow blowers and construction equipment.


Donaldson Co. pandemic recovery continues as it reports record results

Donaldson is dealing with supply issues and inflationary pressures but expects record results to continue into fiscal 2022.