Japan-Based Daikin Applied Americas Plans $9 million Expansion At Its Owatonna, Minnesota, Manufacturing Plant
06/18/2014
The company, a subsidiary of Japan-based Daikin Industries Ltd., which specializes in making heating, ventilation and air conditioning systems for the commercial sector, said it will expand an existing facility at 1001 21st Ave. NW. Daikin Applied has had manufacturing operations in southern Minnesota since 1949 and also has operations in Faribault.
The Minnesota Department of Employment and Economic Development is partnering with Daikin Applied on the expansion, awarding the company $880,000 from the Minnesota Job Creation Fund. The company must meet job creation goals and other performance measures in order to receive the funding.
“The Minnesota Job Creation Fund was launched just six months ago. It has already helped finance business expansions, like Daikin Applied’s, throughout our state, which have added hundreds of new jobs,” said Governor Mark Dayton. “I thank Daikin Applied for its very important expansion in Owatonna and for its continued commitment to Minnesota.”
“Daikin Applied’s expansion of its Owatonna facility is good news for the city and the state,” said DEED Commissioner Katie Clark Sieben. “We’re pleased to help this global company expand its footprint and bring new jobs to southeastern Minnesota.”
Project Announcements
France-Based Sartorius Stedim Plans Marlborough, Massachusetts, Bioprocess Operations
12/10/2024
357 Brewers Expands Myrtle Beach, South Carolina, Operations
12/05/2024
Koch Foods Expands Morton, Mississippi, Operations
12/04/2024
Irving Tissue Expands Macon, Georgia, Production Operations
12/03/2024
General Mills Expands Hannibal, Missouri, Production Operations
12/03/2024
US Foods Expands Buda, Texas, Distribution Operations
12/03/2024
Most Read
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
The Role of Rail in Industrial Development
Q4 2024
-
Hydrogen Industry in Canada: A Global Leader in the Clean Energy Revolution
Q3 2024
-
Which AI Tools Work for Job Recruiters?
Q3 2024
-
Permitted Power Capacity Foreshadows Health of Regional Economies
Q3 2024
-
Navigating Non-Disclosure Agreements in Site Selection
Q3 2024