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Marathon selling Minnesota oil refinery in $4.2 billion deal

Marathon Petroleum is selling its oil refinery in St. Paul Park, and another in North Dakota, in a deal valued at $4.2 billion. The buyer is Texas-based CVR Energy. The two companies announced the sale on Tuesday. “We are thrilled to deliver on our plan to strategically grow and diversify...

St Paul Park, MN · 2d
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Parade

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In 1869, a 27-year-old Minnesota businessman invested $10,000 in a struggling flour mill; 132 years later, Pillsbury sold for $10.4 billion

In 1869, Charles Pillsbury invested $10,000 in a Minnesota flour mill. More than a century later, the company he helped build sold for $10.4 billion.

Minneapolis, MN · 1d

1390 Granite City Sports

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MN Christmas Market Returns For 11th Year With Three Holiday Popups

Eleven years of local makers under one roof. The MN Christmas Market pops up in St. Paul, Cottage Grove and Red Wing this season, a dollar at the door.

Red Wing, MN · 1d

KSTP 5 Eyewitness News Minneapolis-St. Paul MN

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A nonprofit paid millions for a historic mansion in Minneapolis. Now it’s in foreclosure.

The historic Gale Mansion on Stevens Avenue in Minneapolis has a pending “Notice of Foreclosure” and could be sold at auction before the end of this year, which underscores a significant change in the fortunes of the property’s owner, Somali Community Resettlement Services.

Minneapolis, MN · 1d

fastfoodclub.com

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Since 1938, Minnesotans Have Driven To The Nordic Ware Factory Store In St. Louis Park For Bundt Pans And Bargains

Some shopping trips are errands, and some are treasure hunts with a parking lot. In a Minneapolis suburb, bakers have a favorite stop that sits right beside the factory making the very pans on its shelves. The headline promises Bundt pans and bargains, and this shop delivers both, plus a...

St Louis Park, MN · 1d

takemetotn.com

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Skip A Dozen Thrift Runs, Because This Minnesota Vintage Mall Packs Over 65 Dealers Into One Building

Most vintage hunts in Minnesota turn into a long loop of tiny shops, short stops, and empty hands. One building in Stillwater flips that script by stacking dozens of dealers across three floors under a single roof. Collectors come for old tools, agates, jewelry, furniture, and the odd anvil, and...

Stillwater, MN · 1d

rejournals.com

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Big-D Midwest wraps construction of second phase of affordable-housing community in Woodbury

Big-D Midwest completed construction on the second phase of Settler’s Ridge, an affordable housing community in Woodbury, Minnesota. Mirroring the design of Phase 1, Phase 2 features 126 residential units offering one to four bedrooms and ranging from 658 to 2,072 square feet. Each residence comes with a spacious balcony, granite countertops, stainless steel appliances, walk-in closets and an in-unit washer and dryer.

Woodbury, MN · 2d

Minnesota Now

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Busboy-Built Minneapolis Bakery Now Closing for Good After Surprise Sale

A busboy built it into a bread empire baking 3 million pounds a month. Now, after years of ownership changes and a recent sale to a Canadian company, New French Bakery’s Minneapolis plants are closing. Here's the full story.

Minneapolis, MN · 2d

Axios Twin Cities

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MSP Airport finds lack of interest in commercial spaces

Restaurant operators and retailers balked at the high asking rents and long lease terms that MSP Airport wanted as part of a large search for new tenants. Why it matters: MSP's reputation as the top U.S. airport is based partly on its dining and shopping options . The lack of vendor interest shows that it may be asking too much from businesses seeking access to the airport's 36 million annual travelers. State of play: The airport has been working on a major overhaul of its commercial spaces this year. Staff informed the Metropolitan Airports Commission (MAC) that it found vendors for less than half of the available space. By the numbers: In May, the MAC issued a request for proposals for about 40% of the restaurant and retail spaces in both terminals — 80,000 square feet in total. All of those spaces were bundled into 10 batches. Nobody responded to four of the batches and staff chose not to award deals to a group that was the only respondent on two others. Concessions brings in big bucks for the airport — it reported $250 million in revenue from rent collections last year. The intrigue: The airport had a long list

Minneapolis, MN · 21h

hoodline.com

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Apple Valley's Bodega 42 Serves Latin American Shoppers Who Once Drove Miles for Groceries

Inside a market on 152nd Street West in Apple Valley, shelves stocked with goods from Colombia, Venezuela and Ecuador sit alongside a tortilla shop turning out fresh corn and flour tortillas every day. Bodega 42 Fresh Market has grown into a one-stop destination for shoppers who once had to drive well outside their neighborhood to find the ingredients of home, and its owners say that mission has only gotten more important as food demand across Minnesota remains elevated.

Apple Valley, MN · 16h

The Cool Down

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Minnesota homeowner says solar panels and a decade of driving EVs saved him nearly $40,000

"An older home doesn't have to be an inefficient home."

Bloomington, MN · 6h

hoodline.com

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South Minneapolis Food Truck La Cochinita Buys Building for $600K

La Cochinita, the food truck known for salbutes, black al pastor and bolis, has bought a building in south Minneapolis for $600,000, a move that will let the business leave its commissary kitchen behind as it chases bigger plans in catering and wholesale. The purchase was first reported by the...

Minneapolis, MN · 1d

WCCO News Talk 830

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Minnesota-based 3M to pay more than $7 billion to settle 'forever chemical' groundwater contamination claims

Minnesota-based 3M has agreed to pay up to $7.35 billion to settle lawsuits over groundwater contamination from potentially harmful chemicals in firefighting foam and other products. The settlement is expected to cover claims from around 120,000 people exposed to PFAS, known as "forever chemicals," near military bases and airports.

Maplewood, MN · 1d

CNBC

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October jobs report suggests economy is healthy, says former Minneapolis Fed president Gary Stern

Gary Stern, former Minneapolis Fed president, joins 'Squawk on the Street' to discuss the October jobs report, economic themes, and more.

Minneapolis, MN · 16h

floridaing.com

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Dry Stretch Opens a Harvest Window Across Bismarck, Minneapolis, Omaha, Des Moines and Denver as Little to No Rain Settles Over the Northern and Central Plains

DES MOINES, IOWA — Farmers across the Northern and Central Plains are getting the break they have been waiting for. A prolonged stretch of dry weather is expected from November 6 to 13, with little to no rainfall across a large part of the country’s farm belt. The dry window covers North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Iowa and eastern Colorado, including Bismarck, Minneapolis, Omaha, Des Moines and Denver. Forecasters say it should give farmers a favorable window to finish remaining harvest operations after a wet start to November slowed fieldwork.

Des Moines, IA · 16h

winonajournal.com

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Massive 3M payout over bad chemical “uncertainties”

MAPLEWOOD, Minnesota — Chemical manufacturer 3M has agreed to pay $7.3 billion — that’ billions with a “b” — to thousands of people who claimed their groundwater was poisoned by 3M chemicals in the ground water. The chemicals were in widely used and highly profitable fire-fighting foam. The money will be divided amng120, 000 claimants, mostly nea airports where the foam was used for decades in training drills for airplane crashes. Among poisoned sites was French Island on the Mississippi River is Wisconsin, near the LaCrosse airport. The issue was so-called “forever chemicals” that never ever dissolve or degrade. Even with the settlement, 3M continued to sidestep responsibility: 3M’s chair, William Brown, saidt he settlement substantially reduces “uncertainty” about the chemicals. The payout will be over nine years, which mitigates damage to 3M’s bottom line.

Maplewood, MN · 1d

yieldpro.com

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Sale and Financing Arranged for 270 Hennepin in Minneapolis

 JLL Capital Markets announced that it has arranged the sale and financing of 270 Hennepin, a newly constructed, 346-unit multi-housing community in Minneapolis, Minnesota. JLL represented the seller, a partnership between Diamond Realty Investments and Harlem Irving Companies, in the sale of the asset to Roundhouse. JLL also worked on...

Minneapolis, MN · 14h

rejournals.com

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Transwestern names chief executive officer

Greg Munson has been promoted to Chief Executive Officer of Services at Transwestern. He assumes responsibilities previously held by Larry Heard, who served as Transwestern’s CEO for more than 23 years and remains actively involved across the enterprise, focusing on large-scale transactions, key client relationships, capital raising and strategic opportunities.

Minneapolis, MN · 1d

KSTP 5 Eyewitness News Minneapolis-St. Paul MN

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State grant gave $1.5 million in taxpayer money for purchase of mansion now facing foreclosure

Minnesota taxpayers have a financial interest in the outcome of foreclosure proceedings on the historic Gale Mansion in Minneapolis.

Minneapolis, MN · 9h

okenergytoday.com

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CVR Energy expands refinery holdings

Carl Icahn controlled CVR Energy, Inc., owner of refineries in Wynnewood, Oklahoma and Coffeyville, Kansas is adding to its family of refineries in a $4.2 billion deal to acquire Marathon Petroleum Corp. refineries in North Dakota and Minnesota. The company announced the refineries are in St. Paul Park, Minnesota, and...

Coffeyville, KS · 3d