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Ex-Crenlo plant sold for $12.65 million

STORE Capital Corp., a net-lease real estate investment trust based in Arizona, paid $12.65 million for the former Crenlo Engineered Cabs facility at 1600 Fourth Ave. NW on Dec. 7, 2022.

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Med City startup's eyedroppers now available at Mayo Clinic

Mayo Clinic is now contracting with Rochester-based Nanodropper, which won Minnesota’s top business pitch competition in 2021. That means local people wanting to buy the specialty eyedropper product can get it directly from Mayo Clinic’s Rochester optical offices.

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Med City startup wins first in state business competition

Nanodropper, which makes and sells a precision eye drop bottle adapter, pitched and won first place at the MN Cup, the largest statewide business pitch competition in the country. In the contest's 16 years, it is the first company from the student division to win the grand prize.

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Med City start-up wins first in state business competition

Med City start-up wins first in state business competition
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Three Rochester Startups Win Their Divisions at MN Cup

Three Rochester Startups Win Their Divisions at MN Cup
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Three Rochester Startups Win Their Divisions at MN Cup

Three Rochester Startups Win Their Divisions at MN Cup
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Changes made in top leadership of Rochester's Crenlo

Changes made in top leadership of Rochester's Crenlo
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Crenlo sells Valleyhigh plant for $21.5 million and leases it back

Crenlo sells Valleyhigh plant for $21.5 million and leases it back
Crenlo Engineered Cabs sold its cab-making plant at 2501 Valleyhigh Dr. NW for $21.5 million on June 29 to an Arizona-based net-lease real estate investment trust, STORE Capital Corp. As part of the sale, Crenlo agreed to lease back the property for 200 months.
Written By: Jeff Kiger
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A Med City manufacturer sold its northwest facility for $21.5 million last week and signed a deal to lease it back for 200 months, or more than 16 years.
Crenlo Engineered Cabs, which is owned by California-based private equity firm
Angeles Equity Partners, sold its cab-making plant at 2501 Valleyhigh Dr. NW on June 29 to an Arizona-based net-lease real estate investment trust,

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Med City start-up lands $1.4 million in round of financing

Med City start-up lands $1.4 million in round of financing
Nanodropper, a rapidly growing Med City start-up, recently landed funding of $1.4 million led by Golden Seeds, a New York City-based early stage investment group that focuses on women-owned companies.
12:44 pm, Apr. 21, 2021
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A rapidly growing Med City start-up –
Nanodropper – recently landed funding of $1.4 million for a financial boost as it ramps up.
Nanodropper makes and sells a precision eye drop bottle adapter that reduces medicine waste by delivering a more precise drop, benefiting patients as well as doctors.
Allisa Song, a
Elias Baker, Jennifer Steger and
Mackenzie Andrews.
Golden Seeds, a New York City-based early stage investment group that focuses on women-owned companies.

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Crenlo seeks subsidy to keep Rochester plants open

Crenlo seeks subsidy to keep Rochester plants open
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