L&M Radiator Expands Hibbing, Minnesota, Plant
11/01/2017
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.
Project Announcements
Kikkoman Foods Plans Jefferson, Wisconsin, Operations
04/26/2024
BWX Technologies Expands Cambridge, Ontario, Nuclear Production Operations
04/26/2024
Greenheck Group Plans Knoxville, Tennessee, Operations
04/26/2024
Local Bounti Plans Pasco, Washington, Indoor Agricultural Operations
04/26/2024
Innovative Construction Group Plans Siler City, North Carolina, Production Operations
04/26/2024
Crystal Window and Door Systems Plans Mansfield, Texas, Headquarters-Production Operations
04/25/2024
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