State Grants Assists Magnum Machining In Crow Wing County, Minnesota, With Expansion Project
According to the Minnesota Department of Employment and Economic Development, Magnum Machining designs, engineers, manufactures and assembles precision Computer Numeric Controlled products and components. Magnum Machining currently employs 59 workers at the Deerwood location. The company plans to add 20 new CNC machinist jobs over the next year as a result of the Deerwood facility expansion.
“As Minnesota’s workforce demographics continue to shift, it is crucial that we make sure we have workers with the right skills for available positions,” said DEED Commissioner Katie Clark Sieben. “This Job Training Incentive Pilot Program grant encourages small businesses, like Magnum Machining, to expand and hire new workers by helping to offset some of the training costs.”
The Job Training Incentive Pilot Program, an outgrowth of DEED’s Minnesota Job Skills Partnership, helps small businesses train new workers quickly and efficiently. The program is aimed at new or expanding businesses in Minnesota that have fewer than 150 full-time employees and are planning to expand their workforces by at least 10 percent, with a minimum of five new jobs. Businesses in the manufacturing, skilled production and information technology industries, and businesses located in Greater Minnesota receive priority for funding.
An internal trainer will provide classroom-based, customized machine operator training using 14 Mazak technology learning modules. Classroom training will be followed by hands-on training through Magnum’s Machine Operator Apprenticeship program. The grant will be used to pay wages for the trainer and to purchase the Mazak learning modules.
Canada-Based Prepac Manufacturing Chooses Whitsett, North Carolina, for Furniture Factory
Dollar General Plans Walton, Kentucky Distribution Center and Bowling Green Cold Storage Hub
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
Site Selection 2020: The Importance of “Regional Depth” with Global Reach
How are Uncertain Times Altering Company Location Strategies?
A Heightened Focus on Reshoring
34th Annual Corporate Survey & the 16th Annual Consultants Survey