Minnesota in the News
ADM Breaks Ground on Minnesota Biorefinery
April 12, 2024 – Great American Crop Insurance
“The plant will be built on a 34-acre parcel adjacent to ADM's corn-processing plant...The plant is expected to employ up to 100 temporary workers during construction and offer more than 50 manufacturing jobs once the facility reaches full production."
Solugen Breaks Ground on World's First Sustainable Molecule Factory
April 12, 2024 – Design & Development Today
“The process makes plant-derived materials that can replace those made from fossil fuels."
Medtech’s next gen
March 8, 2024 – Twin Cities Business
"Meet five Minnesota entrepreneurs taking big swings at health care innovation that could improve disease detection and treatment…"
MySimplePetLab launches express retail clinics
March 6, 2024 – Twin Cities Business
"A MinuteClinic for pets? That’s the thinking behind a new walk-in clinic launched by Minneapolis-based pet health startup MySimplePetLab…"
Rochester company to provide zero-gravity eye drops for NASA astronauts
Feb. 26, 2024 – Star Tribune
"NASA SpaceX Crew8 will bring Nanodropper products to the International Space Station…"
‘Shark Tank’s’ Kevin O’Leary invests in Minneapolis startup Tavolo
Feb. 22, 2024 – Minne Inno
"…Tavolo – a platform that helps restaurant owners automate their marketing – raised $1 million in its first institutional round of investment. O'Leary Ventures ... and Groove Capital in Minneapolis led the investment…"
Magnet startup Niron attracts more big-name investors
Feb. 20, 2024 – Minne Inno
"Months after landing a multimillion-dollar investment from some of the biggest automakers, Minneapolis-based Niron Magnetics has captured Samsung's attention…"
LightEdge expands to Minnesota with $31 million purchase of Chaska data center
Jan. 22, 2024 – Minneapolis/St. Paul Business Journal
"...LightEdge is planning to hire additional sales and support staff to expand operations at the Chaska data center…"
Minnesota startups to watch in 2024
Jan. 12, 2024 – Minne Inno
"Niron Magnetics ... made Time magazine's Best Inventions of 2023 list while Ecolab Inc. and Techstars finally brought a local company on to their Farm to Fork accelerator…"
Fridley-based medical device startup raises $13M
Jan. 2, 2024 – Twin Cities Business
"The company is developing a medical device designed to treat ‘degenerative mitral regurgitation' a prevalent disease…"
Medical device maker Summit Medical signs 75,000-s.f. lease in Eagan’s Viking Lakes
Jan. 9, 2023 – Minneapolis/St. Paul Business Journal
"… Summit, a developer and manufacturer of medical devices ... has grown from 16 employees in 2011 to now over 100 employees…"
Medical device manufacturer Evevo launches in Maple Lake
Nov. 29, 2023 – Twin Cities Business
"A joint venture between a Minnesota company and a Japanese firm, Evevo is a contract manufacturer designed to meet ‘unmet needs’ for local medical device startups…"
Arbor Wood acquires EcoVantage, opens new Bagley plant
Nov. 28, 2023 – BusinessNorth
"Arbor Wood Co., a Duluth-based manufacturer of thermally modified wood products, is expanding through acquisition and by opening a new production facility in Bagley near Bemidji …"
Michigan-based Ascential Technologies opens Blaine facility
Nov. 21, 2023 – Twin Cities Business
"… The Blaine facility will specialize in developing custom manufacturing machinery and solutions designed specifically for medical and life science companies … The facility employs 150 people …"
Carter Manufacturing expands in Minneapolis
Nov. 15, 2023 – Gasworld
"Precision bearing specialist Carter Manufacturing has expanded its US-based facility in Minneapolis …"
Solugen is planning a 500,000-square-foot plant in Marshall in partnership with ADM
Nov. 6, 2023 – Star Tribune
"… Solugen announced its next ‘Bioforge’ – the name it calls its chemical plants – will open in Marshall in 2025 … The plant is expected to employ 100 people during construction and 40 people once the first phase opens …"
Nucleus RadioPharma lands $56M raise
Oct. 18, 2023 – Twin Cities Business
"The Mayo Clinic-backed startup says it plans to use the funds to ramp up production of a new form of highly targeted cancer treatment … Nucleus RadioPharma plans to establish multiple new manufacturing facilities around the country, including one in Rochester near Mayo Clinic …."
Countertop supplier MSI plans 200,000-square-foot buildout in Maple Grove’s Arbor Lakes
Oct. 5, 2023 – Minneapolis/St. Paul Business Journal
"… MSI’s new facility will be a regional headquarters for its operations across Minnesota and the Dakotas … The firm has over 50 Twin Cities employees, with more expected to be hired with the move …"