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L&M Radiator Expands Hibbing, Minnesota, Plant

11/01/2017
L&M Radiator Inc. will invest $17.6 million and hire 22 new workers in an expansion of its facilities in Hibbing, Minnesota.

The company, which designs, manufactures and distributes cooling products for heavy equipment, plans to add 100,000 square feet of manufacturing and office space to its existing manufacturing facility.

As an incentive, the Minnesota Department of Employment and Economic Development (DEED) is supporting the project with a $354,000 grant from the Job Creation Fund. The company will receive the funding after it has met its hiring and investment commitments.

“I thank L&M Radiator for their continued commitment to the Iron Range and the state of Minnesota. This expansion will create good jobs for Minnesota workers and support efforts to diversify the Range economy,” said Lt. Governor Tina Smith. “Expansions like this one highlight the benefits of public-private collaborations to grow jobs and create opportunity for workers and families in every corner of Minnesota.”

“L&M Radiator is a rapidly growing company that employs 450 people worldwide, including 215 design, engineering, sales, customer service and administrative professionals at its Hibbing headquarters,” said DEED Commissioner Shawntera Hardy. “We’re happy to see this family-owned business bringing additional jobs and investment to the community.”

L&M Radiator, which was founded in Hibbing in 1957, produces radiators and other heat exchangers under the Mesabi brand for heavy mobile equipment in the mining and oil and gas industries worldwide.

The business has plants in Hibbing and Yankton, South Dakota, as well as facilities in Perth, Australia; Antofagasta, Chile; and Hermosillo, Sonora, Mexico. The company has added 100 U.S. jobs so far this year and has an annual payroll of more than $8.5 million in Hibbing. Dan Chisholm, President of L&M Radiator, is the third generation of the family to run the company.

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