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Pandemic's effects not even across Minnesota companies


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Patterson Cos. was on the cusp of a turnaround last spring when the coronavirus pandemic hit and with it another bumpy year ensued.
The Mendota Heights-based company distributes supplies and equipment to dental and veterinary businesses, sectors that saw big dips in demand as COVID-19 spread and states ordered public health restrictions.
While the journey was not easy, Patterson had redefined its operating values in 2019, unknowingly setting up a framework for dealing with the pandemic crisis.
We ve talked about how there was no playbook for a pandemic, said Chief Executive Mark Walchirk. But our teams literally wrote a playbook to help our customers deal with the situation. ....

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Sun Country Barely Survived Petters Scandal in 2008


Sun Country Barely Survived Petters Scandal in 2008
The airline’s leaders were honest about the dire financial situation, and several players stepped up to save the carrier.
Sun Country Airlines, which unveiled plans Monday to become a public company, came dangerously close to extinction in 2008 because its flamboyant owner Tom Petters had been running a Ponzi scheme.
After Petters’ business and home were raided by federal agents, Sun Country found itself in a precarious financial position because it was relying on Petters to subsidize an operating deficit.
I covered the Sun Country saga during a seven-year period in which I reported on the airline industry full-time for the ....

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