Wagner SprayTech Plans Major Distribution Hub In Otsego, Minnesota
03/31/2016
The company, which specializes in manufacturing and marketing paint sprayers, applicators and decorating products for the consumer and contractor markets, said it will build a manufacturing facility in the Gateway North Business Center, near Highway 101.
Construction is expected to begin this year and will be completed by October. The expansion will also include creating new jobs to assist in the operations of the facility.
As an incentive, the Minnesota Department of Employment and Economic Development is supporting the expansion with a $180,000 grant from the Job Creation Fund. The company will receive the funding after meeting its investment and hiring commitments.
“Wagner SprayTech is growing thanks to an emphasis on innovative and quality products,” said DEED Commissioner Katie Clark Sieben. “This expansion will bring new jobs and investment to the Otsego area and help the company respond to increasing demand for its products.”
The Job Creation Fund, which was first proposed by Governor Mark Dayton in 2013, is a pay-for-performance program that provides funding to businesses after they meet certain criteria, including minimum requirements for job creation and private investments. Under the program, businesses must create at least 10 full-time jobs and invest at least $500,000 to be eligible for financial assistance.
Project Announcements
The Hershey Company Expands Dauphin, Pennsylvania, Operations
04/21/2025
Delta Star Expands Lynchburg, Virginia, Manufacturing Operations
04/21/2025
Gillespie Precast Plans Asheboro, North Carolina, Manufacturing Operations
04/21/2025
Japan-Based TMEIC Corporation Americas Plans Waller County, Texas, Manufacturing Operations
04/21/2025
South Korea-Based Samkwang Plans Tuskegee, Alabama, Operations
04/21/2025
CRH Plans Roswell, Georgia, Operations
04/21/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Designing Beyond the Assembly Line
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025