Valley Cartage Group Inc. Opens Lake Elmo, Minnesota, Headquarters And Logistics Center
07/17/2013
“Our expansion to Lake Elmo is a significant milestone for Valley Cartage,” said CEO and President Todd Gilbert. “We are helping to re-shape our industry, and the Lake Elmo office will play a key role. Without the support of the governor, DEED and many local officials, this project would not have happened.”
The company will continue operations at its Hudson site and will maintain a presence at other facilities in La Crosse, Wis., Fargo, N.D., Duluth, Mankato and St. Cloud. The company has about 240 employees.
“Valley Cartage is a highly successful company that has been providing trucking services in the Midwest for nearly 80 years,” said Gov. Mark Dayton. “We are very pleased that Valley Cartage has chosen to bring its headquarters here to Minnesota and grateful for the jobs it will create in this community.”
As an incentive, DEED awarded Valley Cartage a forgivable loan from the Minnesota Investment Fund of $500,000, and the company may apply for training funds from DEED’s Minnesota Job Skills Partnership. In addition, a local property tax abatement and energy credits were also part of the economic development package, which is contingent on job and wage goals being met.
“We are thrilled to welcome Valley Cartage Group to Lake Elmo for their latest expansion,” added Department of Employment and Economic Development Commissioner Katie Clark Sieben. “This positive move will enable the company to strengthen its footprint in the Midwest and will add new, high-quality jobs in the region.”
Project Announcements
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024