With Interest – Minnesota's Financial Services Growth Spurt

Wednesday, March 21, 2018

Strong financial services yield innovative new companies The financial services sector has long been an anchor of the Minnesota economy, and the banking and asset management firms the state has are creating technology-driven enterprises that complement and serve them. More than 300 banking institutions serve Minnesota with more than 1,700 branches in 595 cities. Minnesota ranks third among states in the number of banking institutions. Minneapolis-based U.S. Bancorp, the global financial services giant, is the fifth-largest U.S. bank, with assets of nearly $450 billion. It operates 3,091 banking offices in 25 states. Minnesota also is home to Wayzata-based TCF Financial Corp., which operates...
Updated DEED Business Guide now available

Tuesday, March 20, 2018

Thirty-sixth edition covers major issues faced by people who start businesses ST. PAUL – The 2018 edition of “A Guide to Starting a Business in Minnesota” is now available from the Small Business Assistance Office at the Minnesota Department of Employment and Economic Development (DEED).  This popular guide, which is now in its 36th edition and free of charge, provides a concise summary of the major issues faced by anyone starting a business in Minnesota.  “Small businesses employ just over half of the private-sector workforce and create nearly two-thirds of the nation’s jobs,” said DEED Commissioner Shawntera Hardy. “While starting a business is no easy...
Local business starts production at Clair Nelson Center

Wednesday, December 06, 2017

Friday afternoons at the Clair Nelson Center in Finland are normally pretty quiet and this was no different. In the meeting room near the front, a couple of people were working quietly on laptop computers and further into the building the soft sounds of rising alt-country star Justin Townes Earle drift out of the industrial kitchen. In the kitchen, Shane Dickey was making the vegan sausages he and his wife, Gail Francis, plan to be the basis of their wholesale prepared vegan foods business, Superior Small Batch. About two years ago, Dickey and Francis were heading back to the North Shore from visiting...
FABTECH® 2017 focuses on ‘Industrial Revolution’

Tuesday, November 28, 2017

With 1,700 exhibiting companies and 44,935 attendees from 120 countries, FABTECH® 2017 reaffirmed its position as North America’s largest metal forming, fabricating, welding and finishing event. The focus of this year’s show centered on the “Industrial Evolution” of advanced manufacturing processes, robotics, 3D/additive manufacturing, and more. This was the first year Great River Energy’s economic development team participated in FABTECH, attending as part of a delegation organized by the Arrowhead Manufacturers and Fabricators Association (AMFA) and the Minnesota Department of Iron Range Resources and Rehabilitation (DIRRR). The focus of this group was on promoting Minnesota manufacturers to national OEMs interested in...