Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Thor Construction shutting down in wake of lawsuits

 

April 29, 2019



Thor Construction, embattled by lawsuits, financial trouble and the departure of key staff, is shutting down after four decades, its founder said.

The action comes following lawsuits in recent months by key lender Sunrise Banks and others seeking payment less than a year after the opening of Thor’s new headquarters building in north Minneapolis. Thor was the project’s builder and a key partner with Hennepin County, Target Corp. and other investors.

http://www.startribune.com/thor-construction-shutting-down-in-wake-of-lawsuits/509135492/

 

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