Patrick Kennedy
Reporter
Business, ResearchKennedy also has written about nonprofit organizations and mergers and acquisition activity.
Latest from Patrick Kennedy
MN Fortune 500
Trump’s tariff pledges have companies questioning inventory, supply chains
Companies are weighing the pros and cons of increasing inventory from overseas sources as President-elect Trump pledges more tariffs, second U.S. port strike looms.
November 22, 2024
Business
Arctic Cat lays off workers, suspends snowmobile production in Thief River Falls
The company told its dealers that workforce reductions began Wednesday because of the downturn in the powersports sector.
November 15, 2024
Business
Sleep Number’s Shelly Ibach, one of Minnesota’s few female public company CEOs, retiring next year
The announcement came with the news that the company lost money in the third quarter.
October 31, 2024
MN Fortune 500
How one Minnesota Fortune 500 company is using industry-leading AI to respond faster to customers
C.H. Robinson says its technology can take hours out of the process of onloading orders and could improve its profit margin.
October 31, 2024
MN Fortune 500
Ecolab CEO says he has ‘rarely felt better’ about the St. Paul-based company
Christophe Beck spoke after the company released third-quarter earnings that skyrocketed 80% above the same quarter a year ago.
October 29, 2024
MN Fortune 500
Thrivent returns a record dividend to clients for third year in a row
This year, clients will split $564 million either in payments or in product enhancements.
October 28, 2024
Business
Slowdown in sales of ATVs, RVs, boats ripples through Minnesota recreational vehicle businesses
Polaris, Winnebago both hurting, but so are dealers whose profit margins are thinning.
October 25, 2024
Business
After boardroom drama and international intrigue, Anoka’s Federal Ammunition close to being sold
On Nov. 2nd, 2021 the management team from Vista Outdoor had made a presentation its board of directors proposing it split its ammunition businesses and outdoor product brands into standalone public companies. More than three years later the original plan has missed its mark. Instead both businesses are being sold and Minnesota losses out on two potential public company headquarters.
October 24, 2024
MN Fortune 500
Ecolab CEO says he has ‘rarely felt better’ about the St. Paul-based company
Christophe Beck spoke after the company released third-quarter earnings that skyrocketed 80% above the same quarter a year ago.
October 29, 2024
MN Fortune 500
Thrivent returns a record dividend to clients for third year in a row
This year, clients will split $564 million either in payments or in product enhancements.
October 28, 2024
Business
Slowdown in sales of ATVs, RVs, boats ripples through Minnesota recreational vehicle businesses
Polaris, Winnebago both hurting, but so are dealers whose profit margins are thinning.
October 25, 2024
Business
After boardroom drama and international intrigue, Anoka’s Federal Ammunition close to being sold
On Nov. 2nd, 2021 the management team from Vista Outdoor had made a presentation its board of directors proposing it split its ammunition businesses and outdoor product brands into standalone public companies. More than three years later the original plan has missed its mark. Instead both businesses are being sold and Minnesota losses out on two potential public company headquarters.
October 24, 2024