Business and Economic News

Judge keeps Water Gremlin closed as company responds to lead threat
A Ramsey County judge on Thursday agreed to keep the White Bear Township fishing tackle and battery component maker shuttered for another day as executives try to work out a plan with the state to address lead poisoning.
Water Gremlin, state meet in Ramsey County court over closure of the plant
The White Bear Township company makes car battery terminals and fishing weights out of lead. Lead can be difficult to control without a strict program that workers and management follow, industry experts say.
Interest in factory-made homes is building
Lower costs and speed of construction could help address affordable housing crunch.
Fed cuts rates again to boost a slowing economy
The Federal Reserve cut interest rates by a quarter percentage point Wednesday, in an effort to support an economy that continues to tap the brakes. Economic growth in the third quarter was just 1.9 percent.
As growth slows, the economy is falling short of Trump's target
GDP numbers out Wednesday are expected to show the U.S. economy lost steam in the third quarter. But President Trump is banking on a strong economy as his ticket to a second term.
In St. Cloud, longtime Electrolux plant going quiet
Electrolux announced in January 2018 that it had plans to close the St. Cloud plant by the end of 2019. The news came as a shock to workers and city officials.
Albert Lea hospital closes labor and delivery unit
Mayo Clinic announced in 2017 that it would move labor and delivery, inpatient and intensive care services from Albert Lea to Austin. It said low patient volume, staff shortages and money losses at both facilities drove the decision.
Idled Water Gremlin workers push to reopen plant
Employees prodded state officials to reopen the Water Gremlin plant in White Bear Township, a day after the state shut down operations because of high lead levels in the children of some workers.
Battle over proposed Wisconsin gas plant shows shift in climate fight
Wisconsin regulators held two public hearings early this week on a proposed natural gas power plant that would be co-owned by a Minnesota utility. Environmental groups in both states are fighting the project. That’s emblematic of a larger shift among climate change activists, who are focusing less on coal, and more on natural gas.