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Minnesota’s recent industry hub designations are propelling the state to the forefront of innovation and economic growth. These designations, such as the Clean Hydrogen Hub, the Med-Tec 3.0 Hub and the Sustainable Aviation Fuels Hub, recognize Minnesota’s leadership and offer significant benefits to businesses, investors and electric cooperatives in the...
Data centers are an increasingly important industry for the world economy, helping innovate and increase efficiency across a wide variety of businesses and services. Through their vital role in supporting cloud-based services, 5G-wireless networks and the emergence of generative artificial intelligence (AI), data centers are set to be one of...
Rebeka Ndosi's plan for a BIPOC-led, nature-based retreat on the North Shore is one step closer to fruition.On April 15, the Lake County Board of Commissioners approved Ndosi and her husband Matthew Myrold's bid for a conditional use permit, advancing the development of Maji ya Chai Land Sanctuary.The retreat center...
In spite of rising costs for electrical distribution, Lake Country Power is not adjusting electricity rates to the rural cooperative's members in 2024.That's the message Lake Country Power General Manager Mark Bakk delivered to members of the cooperative at its annual meeting.Click here to read the full article from Mesabi...
Getting through the maze of federal funding and incentives in the world of manufacturing site selection and facility planning is akin to a high-stakes chess game. It's not just about the allure of the funds; it's the intricate dance of aligning these opportunities with your project's timelines and strategic goals...
Engaging the Community in Your Tourism Efforts
Apr 29 2024Engaging the local community is crucial for the vitality and sustainability of the tourism sector. This commitment not only enhances the visitor experience but also strengthens local economies and elevates the quality of life for residents.Fostering Community Support and InvolvementInclusive planning and development form the cornerstone of successful tourism initiatives...
For 60 years in a row, R.D. Offutt Farms seed potatoes were buried beneath the sandy soils near Park Rapids.It’s a tradition kept alive by the consumer looking for a steady flow of superior French fries, and RDO staff remaining on the cutting edge of potato production and sustainability.Tuesday, April...
Duluth News Tribune: After helium discovery, lawmakers and state agencies eye regulations
Apr 20 2024Confirmation of a rich pocket of helium deep beneath Northeastern Minnesota's forest floor this winter has spurred state officials and legislators to create regulations for the fledging industry.Because Minnesota does not have a natural gas or oil extraction industry, existing rules don't account for the production of other gases like...
The mild winter weather has allowed for an early start to MLEC (Mille Lacs Energy Cooperative) Fiber construction and installation. Three projects will make MLEC Fiber Internet available to an additional 1.250 homes and businesses.MCGRATH AREAClick here to read the full article from the Aitkin Independent Age.
The SBA is making several changes to a major loan program aimed at encouraging more banks to lend. Here's what it means for businesses, and why some bankers are optimistic.Mike McGinley is optimistic a raft of recent changes made by the Small Business Administration to its flagship 7(a) program will...
Great River Energy strives to provide the best index of shovel-ready sites in Minnesota possible with its available land and buildings page and associated search tools. Search filters sort sites by suitability for any business.Find the Perfect Location With a List of Shovel-Ready Sites in Minnesota Type filters allow developers to...
GRE highlights two data center-targeted development ready sites in Minnesota available for tech businesses interested in expansion. Northport Industrial Park Data Center Site features 2 parcels each totaling 25 acres, near a town with a 100,000-person population suitable for recruitment or relocation. The site is expandable and subdividable.Explore Expandable Development...
Grand Rapids Herald Review: Hospitality and nature are key priorities for Sugar Lake Lodge
Mar 27 2024Abigayle and Tim Oxborough moved back to Grand Rapids in 2017. They planned on helping Abigayle's parents run Sugar Lake Lodge in the summers and live somewhere else in the winter. Sugar Lake Lodge was built in 1993 by Abigayle's parents. It was where she grew up. She said she...
In the dynamic landscape of today’s job market, the struggle to secure suitable housing options has emerged as a formidable barrier to employment for many individuals. The shortage of workforce housing options affects workers’ livelihoods and obstructs the economic prosperity of communities.Prospective employees are often forced to compromise on job...
DEED: Minnesota PROMISE Act Funding to Support Disadvantaged Small Businesses is Becoming Available
Mar 27 2024Applications for the first round of funding from the Providing Resources & Opportunity & Maximizing Investments in Striving Entrepreneurs (PROMISE) Act are becoming available from the Neighborhood Development Center (NDC), the Minnesota Initiative Foundations and the Metropolitan Economic Development Association (MEDA). The Minnesota PROMISE Act, created by the Minnesota Legislature...
Businesses eager to expand quickly should take advantage of new shovel ready sites in Minnesota. Subdividable 4-parcel site Lonsdale Business Park has already finished its environmental audit and contractors have already installed all necessary utilities infrastructure.Shovel-Ready Sites in Minnesota Support Large Construction Projects Data centers and technology companies who need building...
Today, the Minnesota Department of Employment and Economic Development (DEED) announced $2.7 million in Robotics Teams and STEM Internships Program grant awards to eight nonprofit organizations and education institutions across the state.This competitive grant program, offered through DEED's Office of Youth Development, provides grants to organizations to support high school...
Pastoral places that used to host horse farms and tractor pulls will soon power the artificial intelligence we use for everything from streaming services to driverless cars.That is because AI requires real infrastructure, and the capital investment needed to build that infrastructure does not come cheap.Newmark, in its 2023 U.S...
Heimdall Power and Great River Energy, the power cooperative providing electricity to 1.7 million in the Upper Midwest, today announced the largest Dynamic Line Rating project (DLR) in the U.S. to date.To increase the transmission capacity of its existing infrastructure, Great River Energy will install 52 of Heimdall Power’s Neurons...
Van Buren Township, less than 30 miles outside downtown Detroit, was already part of the great auto supply chain in the Upper Midwest, but now it’s playing a much larger role. In October, a company called Our Next Energy began production of lithium-ion phosphate battery cells, the first fruits of...
Minnesota Gov. Tim Walz recently announced over $50 million in grants to expand broadband access to an estimated 8,900 homes and businesses throughout Minnesota, including areas served by two of Great River Energy’s member-owner cooperatives.“We’re investing in broadband infrastructure statewide to help thousands of Minnesotans connect to jobs, education, healthcare...
The United States is facing a new energy crisis — one that could make the climate crisis even worse.After more than 30 years of falling or flat demand for electricity, electric utilities are forecasting the nation will need the equivalent of about 34 new nuclear plants, or 38 gigawatts, over...
A look through the data collected by the Conway Projects Database in 2023 sends a clear signal that the world is under construction. In comparison to the prior year, the top industries only saw one change in the ranks, thanks in part to a multi-billion-dollar project investment boom seen around...
Investments in electrification and intelligent digital technologies are actively reshaping the landscape of industrial real estate, precipitating a surge in electricity demands that challenge conventional development paradigms. As constraints on power availability become more acute, embracing a utility-first approach emerges as imperative, necessitating a delicate balance between the needs of...