Economic Gateway http://econdev.greatriverenergy.com Great River Energy News RSS Feed Tue, 23 Oct 2018 18:43:55 -0500 en-US Food Manufacturing in Southwestern Minnesota http://econdev.greatriverenergy.com/news/p/item/6110/food-manufacturing-in-southwestern-minnesota http://econdev.greatriverenergy.com/news Tue, 23 Oct 2018 00:00:00 -0500 Food manufacturing is big business in southwestern Minnesota. In fact, with more than 11,000 jobs at 109 establishments, the industry employs workers in that region at four times the concentration statewide, according to a story by Cameron Macht in the latest issue of Trends magazine. The cluster of food production jobs... Minnesota Exports at Record $5.9 Billion in Second Quarter http://econdev.greatriverenergy.com/news/p/item/6109/minnesota-exports-at-record-59-billion-in-second-quarter http://econdev.greatriverenergy.com/news Mon, 22 Oct 2018 00:00:00 -0500 Exports grew 15 percent between the second quarters of 2017 and 2018 ST. PAUL – Sales of Minnesota agricultural, mining and manufactured exports grew 15 percent to a second quarter record of $5.9 billion, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED). Minnesota represents the 11th largest... Growing Minnesota’s Natural Foods Industry http://econdev.greatriverenergy.com/news/p/item/6107/growing-minnesotas-natural-foods-industry http://econdev.greatriverenergy.com/news Thu, 18 Oct 2018 00:00:00 -0500 Consumers are concerned about what they’re eating and where it comes from. In the case of processed foods, more people today are reading the ingredients list. Current studies show that shoppers are purchasing natural foods at significantly increasing rates. Minnesota is a known innovator in food production. As local companies begin... DEED Awards $2.16 Million for Redevelopment Projects http://econdev.greatriverenergy.com/news/p/item/6108/deed-awards-216-million-for-redevelopment-projects http://econdev.greatriverenergy.com/news Thu, 18 Oct 2018 00:00:00 -0500 Eight blighted sites targeted for cleanup and redevelopment ST. PAUL – The Minnesota Department of Employment and Economic Development (DEED) awarded $2.16 million in grants and loans for eight redevelopment projects in Minnesota.  The agency awarded seven grants under its Redevelopment Grant Program for projects in Battle Lake, Edina, Fridley, Mankato, Minneapolis (two)... Innovations in Minnesota’s indoor ag sector http://econdev.greatriverenergy.com/news/p/item/5891/innovations-in-minnesotas-indoor-ag-sector http://econdev.greatriverenergy.com/news Wed, 17 Oct 2018 00:00:00 -0500 An increasing number of consumers are demanding high quality, local and organic produce. A recent study showed that millennials eat 52 percent more vegetables than previous generations. The National Organic Standards Board recently declared that indoor hydroponic operations can be certified organic under USDA regulations, which should help drive market growth... South Central College, Metropolitan State University partner nursing programs http://econdev.greatriverenergy.com/news/p/item/5042/south-central-college-metropolitan-state-university-partner-nursing-programs http://econdev.greatriverenergy.com/news Wed, 10 Oct 2018 00:00:00 -0500 NORTH MANKATO — A new partnership will allow South Central College nursing students to seamlessly transfer to Metropolitan State University. Leaders of the colleges announced an expanded articulation program Thursday that will make it even easier for future nurses to earn an associates degree in nursing at either of South Central... College and Community: A win-win relationship http://econdev.greatriverenergy.com/news/p/item/5041/college-and-community-a-winwin-relationship http://econdev.greatriverenergy.com/news Tue, 09 Oct 2018 00:00:00 -0500 Any talk of that old adage about “town and gown” – when walls of social separation and professional tensions exist between a college and the town in which it resides – will fall on deaf ears when you speak with most people in the Alexandria area. In fact, many speak... County leadership discuss change, challenges, vision http://econdev.greatriverenergy.com/news/p/item/5040/county-leadership-discuss-change-challenges-vision http://econdev.greatriverenergy.com/news Mon, 08 Oct 2018 00:00:00 -0500 The Association of Minnesota Counties strategic planning workshop was held at Long Lake Conservation Center on Aug. 21. Workshop discussion focused on defining the core values, and reviewing the mission statement and vision of Aitkin County. In a group discussion led by Education Director Heather Bandeen, county leadership spoke about external... Minnesota Exports at Record $5.9 Billion in Second Quarter http://econdev.greatriverenergy.com/news/p/item/5039/minnesota-exports-at-record-59-billion-in-second-quarter http://econdev.greatriverenergy.com/news Fri, 05 Oct 2018 00:00:00 -0500 Exports grew 15 percent between the second quarters of 2017 and 2018 ST. PAUL – Sales of Minnesota agricultural, mining and manufactured exports grew 15 percent to a second quarter record of $5.9 billion, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED). Minnesota represents the 11th largest... Minnesota looking to attract 'mass timber' producers http://econdev.greatriverenergy.com/news/p/item/5038/minnesota-looking-to-attract-mass-timber-producers http://econdev.greatriverenergy.com/news Thu, 04 Oct 2018 00:00:00 -0500 A burgeoning industry based on a relatively new type of material may be coming to Minnesota. Known as mass timber, the material is an alternative to steel in building construction. While dozens of buildings constructed with the product are dotted around the country, the majority stand in the Pacific Northwest. "This type... Helping startups succeed—and stay—in the Midwest http://econdev.greatriverenergy.com/news/p/item/5037/helping-startups-succeedand-stayin-the-midwest http://econdev.greatriverenergy.com/news Wed, 03 Oct 2018 00:00:00 -0500 At the University of Minnesota, launching a new company is one of several ways that breakthrough research can move beyond the lab to benefit the public. But finding the right leader, with the right experience, to bring these new technologies to market can be difficult. “Leadership is just as important as... Number of women-owned businesses increased nearly 3,000% since 1972, according to new research http://econdev.greatriverenergy.com/news/p/item/5036/number-of-womenowned-businesses-increased-nearly-3000-since-1972-according-to-new-research http://econdev.greatriverenergy.com/news Tue, 02 Oct 2018 00:00:00 -0500 The Eighth Annual State of Women-Owned Businesses Report, Commissioned by American Express, Finds Women Are Starting an Average of 1,821 Net New U.S. Businesses a Day Number of Firms Owned by Minority Women Has Grown by Nearly 3 Times That of All Women-Owned Firms Over the Past 11 Years NEW YORK--(BUSINESS WIRE)--Women... Innovation Voucher Award Program http://econdev.greatriverenergy.com/news/p/item/5033/innovation-voucher-award-program http://econdev.greatriverenergy.com/news Fri, 28 Sep 2018 00:00:00 -0500 Financial Awards Give Small Businesses Access to Technical Assistance The Innovation Voucher Award Program provides $5,000 to $25,000 awards to help small businesses purchase technical assistance and services necessary to advance research, development or commercialization of new or innovative products and services. Qualifying businesses receive awards – which the recipient must match on a... Twin Metals Minnesota names Osborne CEO http://econdev.greatriverenergy.com/news/p/item/5032/twin-metals-minnesota-names-osborne-ceo http://econdev.greatriverenergy.com/news Thu, 27 Sep 2018 00:00:00 -0500 Kelly Osborne has been named chief executive at Twin Metals Minnesota. Osborne returns to TMM after previously working with Duluth Metals starting in July 2012, including serving as CEO of TMM from 2014-2015. He has more than 30 years of experience in the mining industry, including underground operation. Devoted to the outdoors... Entrepreneur Fund, Great River Energy combine resources http://econdev.greatriverenergy.com/news/p/item/5031/entrepreneur-fund-great-river-energy-combine-resources http://econdev.greatriverenergy.com/news Wed, 26 Sep 2018 00:00:00 -0500 The Entrepreneur Fund and Great River Energy (GRE) are partnering to distribute $1 million of loan financing in rural areas. The money is being provided through Great River’s revolving loan fund and will be available for projects that are served by one of GRE’s electric cooperatives. They include Arrowhead Electric,... Daikin’s $40M expansion in Faribault set to generate 132 jobs http://econdev.greatriverenergy.com/news/p/item/4975/daikins-40m-expansion-in-faribault-set-to-generate-132-jobs http://econdev.greatriverenergy.com/news Tue, 25 Sep 2018 00:00:00 -0500 Daikin Applied Americas, which manufactures commercial heating, ventilation and air condition systems, is expanding its Faribault site; DEED is contributing $2.35 million to the project. Japanese air conditioning and heating systems maker Daikin Industries Ltd. is expanding the footprint of its American subsidiary Daikin Applied Americas Inc. with a $40.3 million... Daikin plans $40.3 million expansion in Faribault, adding 132 jobs http://econdev.greatriverenergy.com/news/p/item/4974/daikin-plans-403-million-expansion-in-faribault-adding-132-jobs http://econdev.greatriverenergy.com/news Mon, 24 Sep 2018 00:00:00 -0500 Daikin Applied Americas Inc. is planning a $40.3 million expansion of its manufacturing operations in Faribault that will add 132 jobs over five years. The Plymouth-based manufacturer of commercial HVAC equipment will renovate an existing 300,000-square-foot warehouse in Fairbault. The new jobs will pay on average $22.50 an hour. The Minnesota Department... Daikin plans $40.3 million expansion in Faribault http://econdev.greatriverenergy.com/news/p/item/4973/daikin-plans-403-million-expansion-in-faribault http://econdev.greatriverenergy.com/news Sun, 23 Sep 2018 00:00:00 -0500 Company adding to manufacturing operations, creating 132 jobs ST. PAUL – Commercial HVAC manufacturer Daikin Applied Americas Inc. will create 132 jobs and invest $40.3 million to expand its manufacturing operations in Faribault.  The company said it will buy an existing 300,000-square-foot warehouse and renovate the building into a state-of-the-art production facility. The... City of St. James awarded Small Cities Development Program grant http://econdev.greatriverenergy.com/news/p/item/4972/city-of-st-james-awarded-small-cities-development-program-grant http://econdev.greatriverenergy.com/news Fri, 31 Aug 2018 00:00:00 -0500 The City of St. James was recently awarded a grant totaling $663,320 which will help with an important issue in the community. Housing. The City of St. James first began the application process to receive the grant many months ago when a grant opportunity became available through a federal grant program called... Great River Energy expected to buy St. James Spec Building http://econdev.greatriverenergy.com/news/p/item/4971/great-river-energy-expected-to-buy-st-james-spec-building http://econdev.greatriverenergy.com/news Thu, 30 Aug 2018 00:00:00 -0500 The City of St. James is drafting a purchase agreement and speaking about terms to sell their EDA Spec Building. Maple Grove, Minn. — Great River Energy has agreed to purchase a new 20,000 square foot steel building that is currently being constructed in the St. James Industrial Park. The City... Workforce diversity is becoming more of a reality in southwest Minnesota http://econdev.greatriverenergy.com/news/p/item/4970/workforce-diversity-is-becoming-more-of-a-reality-in-southwest-minnesota http://econdev.greatriverenergy.com/news Wed, 29 Aug 2018 00:00:00 -0500 Diversity is a competitive advantage. According to the Southwest Initiative Foundation (SWIF), “research shows organizations with employees of different ages, races, genders, religions, physical abilities and thinking styles perform better.” Diversity can help to attract and retain quality employees, expand the customer base for a business and enhance performance and innovation. The reality... MSU, SCC get grants for workforce training http://econdev.greatriverenergy.com/news/p/item/4969/msu-scc-get-grants-for-workforce-training http://econdev.greatriverenergy.com/news Tue, 28 Aug 2018 00:00:00 -0500 MANKATO — Minnesota State University and South Central College are among those getting grants for workforce development. The Minnesota Department of Employment and Economic Development awarded $2.7 million in grants under the Minnesota Job Skills Partnership to train 4,402 workers. Businesses initially meet with an accredited educational institution to explain their training... DEED awards Silver Bay area $500,000 grant http://econdev.greatriverenergy.com/news/p/item/4968/deed-awards-silver-bay-area-500000-grant http://econdev.greatriverenergy.com/news Mon, 27 Aug 2018 00:00:00 -0500 The Minnesota Department of Economic Development announced it awarded more than $500,000 to rehabilitate residential properties and commercial properties in the Silver Bay area. The grant is the result of a partnership among the City of Silver Bay, Lake County and the Arrowhead Economic Opportunity Agency. The grant would provide up to... Lake Country Power holds groundbreaking ceremony http://econdev.greatriverenergy.com/news/p/item/4966/lake-country-power-holds-groundbreaking-ceremony http://econdev.greatriverenergy.com/news Thu, 23 Aug 2018 00:00:00 -0500 Lake Country Power representatives gathered July 31 for a special groundbreaking ceremony at the construction site of its future new headquarters in Cohasset, Minn. Officials from Lake Country Power, Hawk Construction, Architectural Resources, Inc., and the City of Cohasset, were present with shovels in hand, hard hats and comments for the... Chad Landmann joins Bremer Bank http://econdev.greatriverenergy.com/news/p/item/4964/chad-landmann-joins-bremer-bank http://econdev.greatriverenergy.com/news Wed, 22 Aug 2018 00:00:00 -0500 Bremer Bank is pleased to announce that Chad Landmann has joined the Fergus Falls team as a business Banker. In his new role, Chad is responsible for client relationship management and new business development. Landmann has worked in the financial services industry for the past 14 years. He joined Bremer from...