Minnesota manufacturing thrived last year despite long list of challenges
2 Jun 2019
Agralite Arrowhead BENCO Brown Connexus Light and Power Crow Wing Dakota East Central Federated Goodhue Itasca Kandiyohi Lake Country Lake Region McLeod Meeker Mille Lacs Minnesota Valley Nobles North Itasca Redwood Runestone South Central Stearns Electric Steele Todd Wright Hennepin
Several of the state's largest manufacturers, such as General Mills, announced or closed major acquisitions, many of them ranking among their largest deals ever.
A robust U.S. economy helped bolster overall sales for Minnesota’s manufacturers last year as they weathered a litany of challenges, such as a severe labor shortage, rising freight costs and the trade war with China.
Manufacturing is Minnesota’s largest and most diverse sector on the Star Tribune 50, with expertise ranging from motor homes to ice cream bars. Several of Minnesota’s largest manufacturers in the past 12 to 18 months announced or closed major acquisitions, many of them ranking among their largest deals ever.