Tata Consultancy Services (TCS) revealed plans to continue enlarging its presence in Minnesota by expanding its recruiting program in 2023 with an additional 100+ jobs and expediting its STEM outreach efforts in local schools for covering 50% more students and teachers. Minnesota Governor Tim Walz said: “We’re incredibly excited that a global leader in STEM […]
Bluespring Wealth Partners, a subsidiary of Kestra Holdings, has acquired Security Financial Management, a wealth management advisor in Florida and Minnesota, for an undisclosed price. Founded more than three decades ago by Dave Allen and Frank Lovaglio, Security Financial Management has over 15 financial professionals. It has three offices in Florida and one in Minnesota […]
Wholesale Produce Supply (WPS), a Minnesota-based fresh produce logistics and inventory management solutions provider, said that its parent holding company has been acquired by an investor consortium led by Cross Rapids Capital. The financial terms of the deal were not disclosed. The buying consortium also includes Wholesale Produce Supply’s strategic partner — The Baupost Group […]
Minnesota-based food company Hormel Foods has completed its previously announced $3.35 billion acquisition of Kraft Heinz’ nuts business, which includes the Planters snacking portfolio. As per the terms of the deal signed in February 2021, Hormel Foods has acquired Planters, NUT-rition, Planters Cheez Balls and Corn Nuts brands, and three production facilities. Jim Snee – […]
StorageMart, a US-based self storage company, has inaugurated a new self-storage facility at 150 Tyler Ave N in Hopkins, Minnesota. The new self-storage facility, the company’s second in Minneapolis, features different kinds of climate-controlled storage units in various sizes to accommodate the storage requirements of the community. According to the Missouri-based storage company, the property […]
Nystrom & Associates, a US behavioral health and substance use disorder provider, will open a new mental health clinic in Chaska, Minnesota on 26 April 2021. The new outpatient clinic of the mental health counseling company will cater to all ages. It will offer Chaska residents with psychiatry/medication management, substance use disorder treatment (SUD), therapy, adult rehabilitative mental […]
Canadian energy transportation company Enbridge has commenced construction on the Minnesota stretch of its Line 3 Replacement Project following receipt of all the required approvals and permits. The Minnesota Pollution Control Agency (MPCA) approved a construction stormwater permit, which was the last state level permit needed by the crude oil pipeline replacement project. It follows […]
Florida-based private equity firm H.I.G. Capital said that one of its affiliates has agreed to acquire St. Croix Hospice from Vistria, for an undisclosed price. St. Croix Hospice is a provider of hospice services across six contiguous states in the midwestern US. Founded in 2008, the company is based in Oakdale, Minnesota. H.I.G. Capital will […]
Renewable Energy Group (REG), a US-based biodiesel producer, has started construction on a single wind turbine that will supply power to its biorefinery in Albert Lea, Minnesota. The wind turbine project will generate locally sourced, clean electricity, which will reduce the carbon footprint of the biodiesel plant, said the company. Cynthia Warner – President and […]
Minnesota-based Data Recognition Corporation (DRC), which develops testing programs for the education market, has acquired Measurement Research Associates (MRA), a unit of North Carolina-based educational testing company Measurement Incorporated, for an undisclosed price. Founded in 1985, Measurement Research Associates has been engaged in offering customized psychometric services to certification and licensure boards and associations. The […]