Digi-Key Electronics Plans New Facility in Thief River Falls, Minnesota
03/22/2018
The four-story product distribution center will provide an additional 2.2 million square feet of usable space to the company's existing Thief River Falls facilities, and will occupy an overall footprint of 1 million square feet. The initial investment is projected at more than $300 Million.
According to company officials, Digi-Key reported 26% growth worldwide in 2017, with sales topping $2.3 Billion, exceeding the $2 Billion mark for the first time in the company's history. The company's success, driven by its employees' dedication to customer service, has allowed Digi-Key to add over 170 employees in 2017, 140 in Thief River Falls.
"Our original commitment was to generate 100 new jobs in Thief River Falls per year over 10 years, above and beyond our 2017 base of 3,200, which was conservative, so we are exceeding our projected employment already," stated Rick Trontvet, Vice President of Administration.
Dave Doherty, President & COO at Digi-Key Electronics, stated, "As our worldwide revenue growth continues, Digi-Key will need to add more team members in Thief River Falls to keep pace with our growth that has been more than double of others in our industry."
Project Announcements
Archer Plans Vernon, California, Production Operations
05/12/2025
United Arab Emirates-Based Hotpack Plans Edison, New Jersey, Manufacturing Operations
05/12/2025
SSAB Expands Axis, Alabama, Production Operations
05/12/2025
Carnival Corporation Plans Miami, Florida, Headquarters Operations
05/12/2025
Merck Animal Health Expands De Soto, Kansas, Manufacturing Operations
05/12/2025
Oxford Technologies Plans Bay County, Florida, Manufacturing Operations
05/12/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
The Location Economics of Advanced Nuclear
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and
Q2 2025
-
Is It Time to Start Planning for Quantum Data Centers?
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024