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Thursday P.M. Report

Target recalls children’s belts over lead levels, Cirrus Design behind on rent at N.D. plant, confiscated human heads were bound for Medtronic, and Patterson Cos. acquires medical rehab businesses.

Target recalls some children’s belts over lead: Target Corp. recalled more than 100,000 children’s belts because of excessive lead levels in the buckles, the U.S. Consumer Product Safety Commission reported today. The recall applies to Cherokee-brand boys’ and Circo-brand girls’ belts, which sold exclusively in Target stores and on its website from December 2008 to December 2009. Read full story

Cirrus Design behind on rent at N.D. plant: Aircraft maker Cirrus Design Corp. owes the city of Grand Forks, N.D., 11 months of back rent, or about $930,000, for space it leases in the city’s industrial park. According to a report in the Grand Forks Herald, Duluth-based Cirrus recently paid the city six months’ worth of back rent, or $507,000, for space it leases. Cirrus officials have said they’ve been hit hard by the recession. Cirrus has about 75 employees in Grand Forks, down from a high of about 300. Read full story

Confiscated human heads were bound for Medtronic: A shipment of human heads that was confiscated by Arkansas officials June 9 had been bound for a Medtronic lab in Texas, according to media reports. The Arkansas Democrat-Gazette, in Little Rock, reported that a Southwest Airlines employee found three containers of heads in a parcel shipment that was bound for Fort Worth, Texas and labeled as a “biohazard.” The paper, and other news outlets, have estimated that between 40 and 60 full and partial heads were being shipped to be used as part of medical training. Read full story

Patterson Cos. acquires Irish medical rehab businesses: Patterson Cos.’ medical-supply business has acquired a group of rehabilitation equipment companies that generated about $70 million in sales last year. Patterson said it bought three business units of  DCC Healthcare, a Dublin, Ireland-based company, for an undisclosed amount of cash. The businesses provide assisted-living products and rehabilitation equipment and supplies to hospitals, physical and occupational therapists, long-term care facilities, dealers and consumers. Read full story