News, Triumphs, Challenges, Next

Week in Review for Nov. 16, 2019

A few of the most significant business news stories from across the state during the week ending Friday night.

Something to crow about: China lifted its ban on U.S. poultry imports. Minnesota is the nation’s largest turkey producer and China ranked as the state’s second-largest foreign market for turkeys previous to the ban, which was caused by an outbreak of avian flu.

Record-setting hard freeze halts harvest for Moorehead, MN-based American Crystal Sugar beet farmers. As a result, farmers have to repay the cooperative $343 per unharvested acre (though insurance from the Farm Bill will cover some of this).

Doosan Bobcat announced plans to invest $26 million in its Litchfield, MN, facility and add 200 jobs there. The company also just invested $2 million into a new global collaboration center in downtown Minneapolis.

Faegre Baker Daniels may merge with Drinker Biddle & Reath of Philadelphia.

 

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Leave a Reply

Create a free account, or log in.

Gain access to read this article, plus limited free content.

Yes! I would like to receive new content and updates.

Discover more from

Subscribe now to keep reading and get access to the full archive.

Continue reading