- Real Estate
- Food & Drink
Minnesota-based Schwan’s Co., the iconic home-delivery business for frozen food that has branched into other areas, is reportedly looking at strategic options that could include a sale. Citing anonymous sources, CNBC reported that the company in Marshall has hired Piper Jaffray to lead the effort. For additional news about the company’s recent moves, read more at StarTribune.com.
The Stencil Group has sold the former Pioneer Press building in downtown St. Paul. A developer bought the eight-story building for $8 million, twice as much as the Sioux Falls business paid for it two years ago, according to the Pioneer Press. Stencil planned to turn the building into luxury apartments, but the new project will be 144 units of affordable housing.
Here’s the latest twist on entertainment offerings in shopping malls. A business that rents out inflatable bouncy houses, slides and other games is leasing space in a Des Moines mall for the winter. Hop-A-Lot Rentals offers a dozen inflatables. In addition to open-jump times, customers can book one of two spaces for parties. Read more at DesMoinesRegister.com.
A company that manufactures wind turbine blades plans to close its plant in Aberdeen early next year. An executive with Molded Fiber Glass Cos. told the American News that General Electric has stopped ordering blades from it and the company was the only client for MFG South Dakota. The plant, which has been in Aberdeen for a decade, employs 409 people. Read more at AberdeenNews.com.
Omaha’s airport, Eppley Field, will begin offering its first international flight next spring. The daily nonstop flight will be to Toronto on an Air Canada 50-seat jet, according to The World-Herald. Air Canada has been expanding its flights to Europe and Asia in the past decade, so the Toronto route will open a lot of connections to travelers.
Here’s a roundup of recent regional news of interest to the Sioux Falls business community.