Company News
Friday, June 22, 2001
Tricord Systems Inc., Plymouth, said that revenue for its second quarter ending June 30, is expected to be in the range of $100,000 to $200,000, and that revenue for the full year 2001 is currently expected to be in the range of $5 million to $10 million.
Datalink Corp., Edina, has revised its outlook for the second quarter ending June 30. Datalink expects revenue of about $26 million to $30 million and a loss of 6 to 11 cents per diluted share. In the same period a year ago, Datalink posted revenue of $34.9 million and earnings per diluted share of 15 cents.
Heartland Partners, Chicago, has closed on the previously announced sale of the rest of Bloomfield, a master planned community in Rosemount, to Centex Homes. The sale price was $5.1 million.
MTS Systems Corp., Eden Prairie, has received orders for $3 million in road-simulation systems from two German organizations.
Delta Air Lines Technical Operations Division and 3M Company's Aerospace and Aircraft Maintenance Department have signed a contract to jointly market 3M Nextel Flame Shield . It is a polyimide-encapsulated ceramic paper that provides a lightweight barrier between flammable insulation and heat sources.
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