Shakopee Mdewakanton Sioux Community

Niron Magnetics Secures $33M from Leading Automotive Manufacturers to Meet Growing Demand for Rare Earth-Free Magnets

Retrieved on: 
Wednesday, November 8, 2023

As more cars are bought around the globe and demand surges for EVs, so does the demand for more stable and sustainable alternatives to rare-earth materials.

Key Points: 
  • As more cars are bought around the globe and demand surges for EVs, so does the demand for more stable and sustainable alternatives to rare-earth materials.
  • Further, Niron’s alternative to rare-earth magnets promises improved temperature stability compared to other options currently available on the market, which is critical for automotive use.
  • With the new investments from GM Ventures and Stellantis Ventures, and previous funding from Volvo Cars Tech Fund , Niron is now backed by three leading automotive manufacturers.
  • This commitment demonstrates the potential of its Clean Earth Magnet technology to meet the automotive industry’s need to diversify and secure its supply chain with a viable alternative to rare earth magnets.

Greater MSP region wins designation as U.S. Tech Hub for medical technology

Retrieved on: 
Monday, October 23, 2023

More than 20 organizations collaborated through the GREATER MSP Partnership to develop a shared strategy that will enhance U.S. economic and national security by advancing the country’s global leadership in medical device technology.

Key Points: 
  • More than 20 organizations collaborated through the GREATER MSP Partnership to develop a shared strategy that will enhance U.S. economic and national security by advancing the country’s global leadership in medical device technology.
  • Many coalition partners gathered Monday afternoon at GREATER MSP’s office in downtown Saint Paul to participate in the live White House announcement.
  • “This is a major win for the region and state,” said Peter Frosch, President and CEO of the GREATER MSP Partnership.
  • “This designation is a national bet on the plan our region and state developed to build the next frontier of medical technology.

TREETOP TRAIL RAISES MINNESOTA ZOO TO A NEW LEVEL

Retrieved on: 
Friday, July 28, 2023

APPLE VALLEY, Minn., July 28, 2023 /PRNewswire/ -- The Minnesota Zoo Treetop Trail, the world's longest elevated pedestrian loop, is now officially open to the public. The 1.25-mile Treetop Trail takes guests to new heights – up to 32 feet above the ground - as they travel into the trees and gain new perspectives of many Zoo animals, including tigers, moose, bison, and camels. The Treetop Trail will be open year-round for guests to experience Minnesota's four seasons.

Key Points: 
  • APPLE VALLEY, Minn., July 28, 2023 /PRNewswire/ -- The Minnesota Zoo Treetop Trail, the world's longest elevated pedestrian loop, is now officially open to the public.
  • Minnesota Lieutenant Governor, Peggy Flanagan, helped kick off the historic grand opening by proclaiming it "Minnesota Zoo Treetop Trail Day" in the state in front of an enthusiastic crowd of nature, animal, and zoo lovers.
  • In his opening remarks, Minnesota Zoo Director John Frawley proclaimed that the Treetop Trail is a gift for Minnesotans.
  • The Minnesota Zoo would like to express profound gratitude to the following for their support of the Treetop Trail: State of Minnesota, K.A.H.R.

Susan G. Komen® 2023 Race for the Cure Moves to Viking Lakes

Retrieved on: 
Wednesday, April 26, 2023

MINNEAPOLIS, April 26, 2023 /PRNewswire/ -- Due to recent flooding at the original event site, Susan G. Komen® , the world's leading breast cancer organization, announces a new location for the 2023 Race for the Cure, Viking Lakes.

Key Points: 
  • MINNEAPOLIS, April 26, 2023 /PRNewswire/ -- Due to recent flooding at the original event site, Susan G. Komen® , the world's leading breast cancer organization, announces a new location for the 2023 Race for the Cure, Viking Lakes.
  • The Minnesota Race for the Cure is Susan G. Komen's annual fundraising event honoring breast cancer survivors in a fun-filled day for the whole family.
  • Midday host of KOOL 108FM, Lee Valsvik will serve as emcee of the 2023 Race for the Cure.
  • New Location – Viking Lakes – 2600 Vikings Circle, Eagan, MN 55121
    Please contact Cristobal Martinez at [email protected] for more information on the event.

TREETOP TRAIL TO TAKE MINNESOTA ZOO TO NEW HEIGHTS

Retrieved on: 
Wednesday, April 19, 2023

APPLE VALLEY, Minn., April 19, 2023 /PRNewswire/ -- In just 100 days, guests at the Minnesota Zoo will be able to reach new heights when the Treetop Trail, the world's longest elevated pedestrian loop, officially opens. Beginning Friday, July 28, 2023, the 1.25-mile Treetop Trail will bring guests up to 32 feet above the ground and provide them with an immersive and accessible naturistic journey.

Key Points: 
  • The Minnesota Zoo Treetop Trail, the world's longest elevated pedestrian loop, will officially open July 28, 2023.
  • "The Treetop Trail marks a new chapter for the Minnesota Zoo," said Minnesota Zoo Director and Foundation President John Frawley.
  • Planning for the Minnesota Zoo Treetop Trail began in June 2018 and a ceremonial groundbreaking was held in April 2022.
  • The Minnesota Zoo would like to express profound gratitude to the following for their support of the Treetop Trail: State of Minnesota, K.A.H.R.

Canterbury Park Holding Corporation Reports Record 2022 Third Quarter Results

Retrieved on: 
Thursday, November 10, 2022

We delivered record third quarter results, including 4.4% year over year revenue growth to $22.3 million and 3.2% adjusted EBITDA growth to an all-time quarterly record $5.3 million.

Key Points: 
  • We delivered record third quarter results, including 4.4% year over year revenue growth to $22.3 million and 3.2% adjusted EBITDA growth to an all-time quarterly record $5.3 million.
  • Our Racing and Food & Beverage operations also generated strong results as we concluded a great 2022 live racing meet in the third quarter.
  • Canterbury Commons remains a hub of activity as work continued throughout the quarter on a variety of residential and entertainment projects.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.

MINNESOTA ZOO TAKES BIG STEP IN TREETOP TRAIL CONSTRUCTION

Retrieved on: 
Thursday, October 13, 2022

APPLE VALLEY, Minn., Oct. 13, 2022 /PRNewswire/ -- A big "step" in the construction of the Minnesota Zoo's Treetop Trail was taken earlier today as the official first segment of the trail was raised into place.

Key Points: 
  • APPLE VALLEY, Minn., Oct. 13, 2022 /PRNewswire/ -- A big "step" in the construction of the Minnesota Zoo's Treetop Trail was taken earlier today as the official first segment of the trail was raised into place.
  • "PCL Construction is excited to celebrate this project milestone at the Minnesota Zoo Treetop Trail, said Trent Johnson, District Manager for PCL.
  • https://treetoptrail.mnzoo.org/
    The Minnesota Zoo Foundation's Step Into Nature Campaign receives support from generous individuals, institutional partners, and from the citizens of Minnesota through a bonding appropriation.
  • Institutional partners for the Minnesota Zoo Treetop Trail are the Shakopee Mdewakanton Sioux Community, Target, and Best Buy Foundation.

Canterbury Park Announces Proposed Amphitheater and New Horse Stabling, Part of Ongoing Development of Canterbury Commons, Receive Approvals

Retrieved on: 
Thursday, August 18, 2022

Taken together, these approvals mark a key milestone in the ongoing development of Canterbury Park and Canterbury Commons into a world-class entertainment and horse racing destination.

Key Points: 
  • Taken together, these approvals mark a key milestone in the ongoing development of Canterbury Park and Canterbury Commons into a world-class entertainment and horse racing destination.
  • Swervo plans to construct a 19,000-seat amphitheater that is expected to attract major music acts and other events.
  • Swervo expects to begin grading and site work on the amphitheater in late Fall with construction starting in Spring 2023.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.

Canterbury Park Holding Corporation Reports 2022 Second Quarter Results

Retrieved on: 
Thursday, August 11, 2022

We had a strong second quarter with revenue rising 12% to $17.8 million and adjusted EBITDA growing 1% to $3.6 million year-over-year, both of which were records for our second quarter, said Randy Sampson, President and Chief Executive Officer of Canterbury Park.

Key Points: 
  • We had a strong second quarter with revenue rising 12% to $17.8 million and adjusted EBITDA growing 1% to $3.6 million year-over-year, both of which were records for our second quarter, said Randy Sampson, President and Chief Executive Officer of Canterbury Park.
  • Canterbury Parks 65-day race meet began on May 18, 2022 and revenue in the second quarter benefitted from increased guest attendance at our live meet.
  • Work on a growing number of development projects at Canterbury Commons continued in the second quarter, including initial work on several new projects.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.

Canterbury Park Holding Corporation Reports Record First Quarter Results

Retrieved on: 
Thursday, May 12, 2022

Financial results for the 2021 first quarter reflect the impact of the COVID-19 pandemic, including the state-mandated closure of Canterbury Park January 1, 2021 through January 10, 2021.

Key Points: 
  • Financial results for the 2021 first quarter reflect the impact of the COVID-19 pandemic, including the state-mandated closure of Canterbury Park January 1, 2021 through January 10, 2021.
  • Canterbury Parks record first quarter results highlight the underlying strength of our operations as we continue our post-pandemic recovery.
  • Momentum at Canterbury Commons was evident in the quarter as ongoing development continued and we attracted new real estate development partners.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.