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Economic development is not just about factories, roads or tax incentives. It is about creating places where people want to gather, linger, invest and ultimately live.Now entering its sixth summer, Silver Bay’s free concert series “Music in the Park” has quietly transformed Friday nights into a community gathering place, drawing...
Minnesota companies have a long history of innovation, creating some of the “coolest” products to fuel our economy. The Minnesota Chamber of Commerce is again searching for the Coolest Thing Made in Minnesota!Manufacturing represents the second largest private-sector component of Minnesota’s GDP.315,000 Minnesotans work in manufacturing.Half of Minnesota’s Fortune 500...
Northern News Now: Minnesota Chamber opens nominations for ‘Coolest Thing Made in Minnesota’ contest
Jul 6 2026The Minnesota Chamber of Commerce announced that nominations are now open for its annual “Coolest Thing Made in Minnesota” contest.The chamber hosts the competition each year to highlight innovative and impactful products made in the state. Eligible products range from household items to medical equipment to food products.Key datesNominations are...
Southern Minnesota Initiative Foundation is currently accepting applications for its Economic Development Grant program. Requests of up to $10,000 will be considered.The Economic Development Grant supports projects that strengthen local business activity, promote steady economic growth across SMIF’s 20-county region and Native nation, and encourage innovation, job creation and broader...
Business North: New power line project to bring more North Dakota wind energy to northern Minnesota
Jun 24 2026A northern Minnesota utility broke ground this week on a $900 million electric transmission project that’s expected to play a critical role in the state’s clean energy transition.Duluth-based Minnesota Power is upgrading and expanding a 50-year old high voltage direct current (HVDC) transmission line that runs 465 miles from Center,...
LP Building Solutions (LP), a leading manufacturer of high-performance building products, broke ground on a new LP® SmartSide® ExpertFinish® Trim & Siding manufacturing facility today in North Branch, Minnesota. The approximately 350,000-square-foot facility will be built on a recently acquired 120-acre site. It is expected to create 125 jobs at...
The U.S. Department of Agriculture’s (USDA) Rural Development Mission Area announced a modernization and restructuring effort to strengthen customer service, improve program accessibility, and enhance support for rural communities across the country. This effort aligns with USDA’s broader initiative to modernize operations, increase accountability, and ensure federal resources are positioned...
Rural Minnesota electric cooperatives support defense industry growth and infrastructure
Jun 11 2026Rural Minnesota electric cooperatives are uniquely positioned to support growing U.S. defense industry infrastructure needs. As federal defense spending increases, Minnesota is gaining new opportunities to expand its role in national defense supply chains, especially in rural regions with reliable power, available land, and scalable infrastructure.For Great River Energy and...
How Tariffs Are Rewiring Logistics
May 28 2026Over a year on from “Liberation Day,” trading partners and trade routes have changed, propelled by a shift by firms toward importing from countries with more favorable tariff terms. While the effects have not been immediate on industrial commercial real estate, they are starting to cycle through, proving to be...
Stevens County Times: A new thermal battery could help this Minnesota campus electrify heat
May 12 2026This story about Cache Energy’s new kind of thermal battery that could warm campus buildings using stored wind energy was originally published by Canary Media.Twenty-one years ago, the University of Minnesota, Morris, became the first U.S. public university to draw power from an on-site, industrial-scale wind turbine. It added a...
The University of Minnesota’s Natural Resources Research Institute (NRRI) today announced the launch of a new Joint Research Alliance with the U.S. Department of Energy’s National Laboratory of the Rockies (NLR): Innovative Materials and Processing for Advanced Critical Technologies (IMPACT).At a time when global competition and supply chain vulnerability are...
Minnesota has become one of the most competitive destinations for life sciences and medical technology (medtech) investment in the country. According to the Hickey Institute’s 2025 Life Sciences and MedTech Site Selection Strategy Report, the Minneapolis-St. Paul region is now one of the most critical national hubs for biomanufacturing and...
Ireland trade mission clarifies foreign direct investment paths for rural Minnesota cooperatives
Mar 10 2026Rural areas in Minnesota continue to find innovative ways to attract private investment, skilled workers and stable employers. Foreign direct investment is a steady source of growth. Despite changes in trade policy and global markets, international companies are still expanding in the U.S. Many are now looking beyond big, expensive...
Lake Country Power (LCP), one of Great River Energy’s member-owner cooperatives, celebrated the groundbreaking of its Cohasset Industrial Park Distribution System Upgrade, a project that promises to greatly enhance the shovel-ready development opportunities in Cohasset. LCP gathered with representatives from the city of Cohasset, Itasca County, Lake States Construction and the...
Ireland trade mission expands new foreign direct investment paths for rural Minnesota cooperatives
Feb 17 2026Minnesota's electric cooperatives continue to seek practical ways to diversify local economies, attract new capital and foreign direct investment, and connect rural regions with new international partners.A recent trade mission to Ireland – supported by Great River Energy, Greater Mankato Growth and LITTUS – provided new insight into how Irish...
