Andersen Corporation Plans $18 Million Expansion At Its Bayport, Minnesota, Manufacturing Facility
“The assistance we received from DEED, and organizations such as Greater MSP, helped ensure this significant expansion happened in our home state,” said Jay Lund, Chairman, President/CEO of Andersen Corporation. “We had several location options to choose from and selected Minnesota because of the experienced workforce, our integrated supply chain model and the ability to leverage capacity at our flagship plant in Bayport.”
“Over more than a century, Andersen Corporation has employed thousands of Minnesotans and has successfully grown into one of the largest window manufacturers in North America,” said Governor Mark Dayton. “We are very grateful that this great Minnesota company has chosen to expand its manufacturing facility in Bayport, creating 100 more good-paying jobs for Minnesota workers. Thank you, Andersen!”
“Andersen has deep roots in Minnesota going back more than 100 years,” added DEED Commissioner Katie Clark Sieben. “We’re pleased to partner with a company that has a long history of success in the state and is known for its commitment to business partners, employees, the community and the environment.”
As an incentive to assist the expansion, the Minnesota Department of Employment and Economic Development will award Andersen $625,000 from the Minnesota Job Creation Fund if the company meets it performance goals.
The Minnesota Job Creation Fund is a new pay-for-performance program that provides up to $1 million 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.
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