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Area Development - Site Selection, Facility Planning and Workforce Development

Park Industries Expands Its St. Cloud, Minnesota Manufacturing Plant

09/23/2014
Stone-processing equipment manufacturer Park Industries Inc. plans to invest in its operations and expand its facility in St. Cloud, Minnesota. The company, which makes equipment for cutting, polishing and shaping natural and engineered stone, said it plans to add 33,760 square feet of production space to its facility at 6301 Saukview Drive.

To assist with the expansion the Minnesota Department of Employment and Economic Development awarded the company $624,000 from the Minnesota Job Creation Fund. The company will receive the funding once it meets its performance goals.

The company provides stone-working solutions to more than 3,000 businesses in North America and has produced more than 10,000 machines that are operating worldwide. Park Industries is the largest manufacturer of stone working equipment in North America and employs about 225 people.

“The Minnesota Job Creation Fund is working, helping Minnesota companies like Park Industries expand and create more jobs in our communities,” said Governor Mark Dayton, who working with the Legislature in 2013 invested $24 million in the Job Creation Fund. “I congratulate Park Industries for its continued success , and thank the company for the 25 new jobs this project will create.”

“Park Industries is a family-owned business that is the largest manufacturer of stone-processing equipment in the United States,” added DEED Commissioner Katie Clark Sieben. “We are pleased to provide a Minnesota Job Creation Fund award to expand its business and increase production in St. Cloud.”

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