Graco Expands Operations Campus in Rogers, Minnesota
Graco said the project will add 480,000-square-feet to the existing 316,000-square-foot manufacturing, office and product development facility.
The Minnesota Department of Employment and Economic Development is supporting the expansion with a $700,000 loan from the Minnesota Investment Fund and an $800,000 grant from the Job Creation Fund. The company will receive the funding after it meets investment and hiring commitments.
"Graco considered multiple U.S. sites for this project but ultimately chose to expand in Rogers," said DEED Commissioner Shawntera Hardy. "The company's decision is a testament to the area's talented workforce and access to transportation infrastructure."
The company's David A. Koch Center, named after the company's former president, CEO & Chairman, is the worldwide headquarters for its Contractor Equipment Division. Graco expects to break ground in November and will continue current operations in the space throughout the project. The project is scheduled to be completed by the end of 2019.
Hitachi ABB Power Grids Upgrades Operations & Increases Capacity in Bland County, Virginia
How are Uncertain Times Altering Company Location Strategies?
Infrastructure Investment as an Economic Stimulus Tool
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Site Selection 2020: The Importance of “Regional Depth” with Global Reach
A Guide to Aerospace Investment Decisions
2020 Auto/Aero Site Guide