Wednesday P.M. Report

Two community colleges get interim leaders: Jessica Stumpf has been picked as interim president of Anoka-Ramsey Community College in Coon Rapids and Cambridge, and Shari Olson has been named as interim president of Anoka Technical College in Anoka. The Minnesota State Colleges and Universities’ Board of Trustees appointed the two women to the positions today. Stumpf, 57, is vice president of academic affairs at Minnesota State College – Southeast Technical, with campuses in Red Wing and Winona. Olson, 49, serves as a system director in MNSCU’s Office of the Chancellor, coordinating projects related to the American Recovery and Reinvestment Act and dislocated worker training. Read full story

Minneapolis Fed: Area economy to improve gradually: Two economists from the U.S Federal Reserve Bank of Minneapolis say the region’s economy is strengthening at a moderate pace and should continue to improve gradually into 2011. The essay, written by Rob Grunewald, associate economist, and Toby Madden, regional economist, was published online today. They wrote that the economic recovery period likely started (and the recession ended) sometime before July 2009, but it’s been hard to find data on Main Street to back that up. The 2010 outlook noted that hiring by temporary employment firms has picked up and that conditions in the manufacturing sector are improving, as demonstrated by the increase in the number of hours worked by manufacturing employees. Read full story

Judge approves Cargill E. coli settlement: A federal judge has approved a settlement between Cargill Meat Solutions Corp. and a Cold Spring woman injured by contaminated meat. U.S. District Judge Donovan Frank signed off on the settlement in a sealed court order Tuesday. Terms of the settlement were undisclosed. Former children’s dance instructor Stephanie Smith sued after E. coli in a Cargill-made hamburger left her paralyzed. Read full story

Matt Rauenhorst joins Opus North retail team: Opus North Corp. has hired someone with a familiar last name to become director of retail development and leasing. Matt Rauenhorst, the son of former Opus Corp. CEO Mark Rauenhorst and the grandson of Opus Corp. founder Gerald Rauenhorst, has been hired to help manage all Opus retail activities throughout the United States. He’s joining the company and leaving his post at Opus North’s sister company, Minnetonka-based Opus Northwest. Read full story

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