Minnesota was among three states and one U.S. territory that were selected by the National Governors Association (NGA) to participate in a program to encourage growth of their clean energy industries.
Arizona, Mississippi and Puerto Rico were also chosen to participate in the NGA’s Policy Academy on Targeting Clean Energy for Economic Development. Participants will learn strategies that combine economic development programs with energy policies, enabling them to grow their markets for clean energy technologies, products and services.
The Twin Cities ranked seventh in the American City Business Journals (ACBJ) October index of top-performing metropolitan economies in the country, jumping 48 spots from the same month a year earlier.
The index, conducted monthly by ACBJ, ranks 102 U.S. metropolitan markets based on 18 key economic indicators, including one- and five-year private sector job growth, unemployment rates, average weekly earnings, five-year earnings growth and one-year housing value growth.
DEED Commissioner Katie Clark Sieben unveiled the new Made in Minnesota Directory today during a visit to VEE Corp. in Minneapolis.
The Made in Minnesota Directory, a free online database of products and supplies manufactured in the state, was created by DEED to encourage Minnesota businesses to buy products and supplies from each other, rather than from out-of-state or foreign companies. The tool contains details about nearly 600 manufacturers statewide.
Today, Governor Mark Dayton issued a proclamation declaring the week of October 20, 2013, to be “Minnesota Manufacturers Week” – highlighting the importance of an industry that employs one out of every nine workers in Minnesota. The annual event is designed to educate the public about the role manufacturing plays in the state’s economy, and to highlight opportunities for employment in the industry.
DEED awarded redevelopment grants for seven projects that are expected to create 244 jobs and retain another 800 jobs.
The $2.7 million in grants were awarded under the agency’s Redevelopment Grant Program to prepare blighted sites that will be redeveloped in Chatfield, Duluth, Fridley, Minneapolis, St. Cloud and St. Paul.
DEED awarded redevelopment grants for seven projects that are expected to create 244 jobs and retain another 800 jobs. One of the projects is the final phase of the Beacon Bluff Business Center in the Dayton’s Bluff neighborhood of St. Paul. The project was awarded a grant of $483,840.
The Minnesota Trade Office, the city of Minneapolis and GREATER MSP were honored this week by the International Economic Development Council (IEDC) for their effort to drive economic growth in the Twin Cities by increasing exports.
Their “Minneapolis-Saint Paul Export Plan” won a bronze award during the 2013 IEDC annual conference in Philadelphia on Tuesday. The IEDC is a Washington, D.C., based nonprofit group whose mission is to work with economic developers and help build wealth for people, businesses and communities.
ST. PAUL – Minnesota ranked eighth in the “Forbes 2013 List of the Best States for Business,” jumping 12 spots from a year earlier on the strength of an improving economy, according to the publication.
Minnesota’s overall 2013 ranking was the biggest improvement of any state in the eighth-annual study, which looks at six key metrics: costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life.
A public forum this week in Rochester will examine the economic landscape of southeastern Minnesota and explore emerging employment trends from the perspective of individuals with disabilities. The forum will pay particularly close attention to the employment opportunities and challenges for students and young adults with disabilities.
The forum will run from 1 to 5 p.m. on Wednesday, Sept. 25, at the Rochester Art Center, 40 Civic Center Drive SE
Minnesota employers added 12,200 jobs in August, pushing total jobs in the state over the pre-recessionary peak that was reached in February 2008, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED).
ST. PAUL – John Shoffner has been named director of business development at the Minnesota Department of Employment and Economic Development (DEED).
Shoffner, who has been the economic development program manager in Greensboro, N.C., since 2004, will head DEED’s Office of Business Development, which is a team of regional and industry managers focused on retaining and expanding existing businesses and attracting new businesses to the state. The office is the first point of contact for businesses seeking state assistance.
ST. PAUL – Minnesota businesses announced plans in the second quarter to create nearly 1,500 jobs related to 38 expansion projects, according to a statewide survey by DEED. Combined with first quarter results, the state has seen a total of 81 business expansions in 2013.
DEED’s quarterly Business Expansion Survey included expansion projects by Emerson Process Management, which plans to add 500 jobs within two years in Shakopee, and Stratasys, which anticipates adding 100 employees by the end of the year in Eden Prairie.