Sofidel Expands Duluth, Minnesota, Production Operations
Sofidel, an Italian multinational producer of tissue paper, plans to expand its operations in Duluth, Minnesota. The $200 million project is expected to create at least 160 jobs.
Minnesota DCs / Warehousing Project Announcements
Investcorp Acquires 56 Industrial Properties Across Five States
Investcorp, a leading provider and manager of alternative investment products, reported its U.S.-based real estate team recently acquired its largest U.S. warehouse portfolio, totaling approximately 4.5 million square feet and including 56 industrial
Digi-Key Electronics Plans New Facility in Thief River Falls, Minnesota
Digi-Key Electronics, a global electronic components distributor, will begin construction of its new facility in Thief River Falls, Minnesota, 50 miles north of Grand forks in the northern part of the North Star State.
Industrial Realty Group Acquires IBM’s Rochester, Minnesota, Tech Campus
Industrial Realty Group, a Los Angeles-based company that owns and operates more than 150 major projects and developments in 28 states, purchased the 3.1-million square foot IBM technology campus in Rochester, Minnesota.
Stars Hollow Plans Fish Hatchery in Cambridge, Minnesota
Aquaponics startup Stars Hollow Co. will create 156 jobs and invest nearly $12.3 million to build a new facility in Cambridge, Minnesota.
ASV Holdings Plans Grand Rapids, Minnesota, Distribution Hub
ASV Holdings Inc., a manufacturer of compact track and skid steer loaders for the construction market, is moving its parts distribution operations from Southaven, Mississippi, to a new site near its corporate headquarters and manufacturing plant in Grand Rapids, Minnesota.
Pace International Expands Rochester, Minnesota, Facility
Communications technology company Pace International Inc. will invest $1.95 million and hire an additional 22 workers in an expansion of its facilities in Rochester, Minnesota.
Midwest Steel Supply Relocates Operations Io Rogers, Minnesota
Midwest Steel Supply Inc., a metal service center and distributor specializing in aluminum, stainless steel, steel and brass, as well as precision cutting of metal, is moving its operations from New Hope, Minnesota, 16 miles northwest to Rogers, in a $5.2 million expansion that will enable the company to double its space and hire 15 additional workers.
Digi-Key Electronics Eyes Fulfillment Center In Thief River Falls, Minnesota
Digi-Key Electronics, the Thief River Falls, Minnesota-headquartered global distributor of electronic components, reports it is reviewing several potential options for a 1-million square foot fulfillment, value-added manufacturing and warehouse center, valued between $200-$300 million.
Manufacturers Less Optimistic About Overall Economy; Express Confidence in Their Own Revenue Growth
In mid-July, PwC released its Q2 2016 Manufacturing Barometer, which surveyed senior executives at U.S.-based industrial manufacturing firms to determine their assessment of the direction of the nation’s economy, as well as their projections for thei
Cushman & Wakefield Reports on Continuing Momentum for Industrial Real Estate Markets
Cushman & Wakefield has announced that U.S. industrial markets absorbed a record-setting 70.1 million square feet (msf) of space in the second quarter of 2016, up 6.0 percent from the same period a year ago, and resulting in year-to-date absorption o
Wagner SprayTech Plans Major Distribution Hub In Otsego, Minnesota
Wagner SprayTech plans to build a 270,000-square-foot , $15 million, distribution facility in Otsego, Minnesota, a city 32.4 miles northwest of Minneapolis.
Monteris Medical Expands Plymouth, Minnesota, Manufacturing Complex
Monteris Medical, a privately held company developing innovative laser-based MRI-guided neuroablation tools and solutions, opened a new facility in Plymouth, Minnesota.
Werner Electric Expands Cottage Grove, Minnesota, Operations Hub
A 95-year-old wholesale distributor of automation, datacomm, electrical, energy, lighting, and switchgear products and services, Werner Electric plans to expand its Cottage Grove, Minnesota, headquarters, regional distribution center and office facility.
Ikonics Plans $4.3 Million Facility Expansion In Duluth, Minnesota
Imaging technology company Ikonics Corp. will invest $4.3 million to expand its manufacturing center in Duluth, Minnesota, with plans to hire 20 new workers. The company said it will expand its manufacturing services for the aerospace and electronics
Rambow Plans To Expand Its Operations Center In New London, Minnesota
Rambow Inc., a company that specializes in custom embroidery and screen-printed apparel and promotional items, plans to expand its operations center and create 15 full-time jobs as it increases its sales outside of Minnesota. According to the firm, Rambow will invest $507,000 to expand its facilities by 12,288 square feet in New London, Minnesota.
Unison Comfort Technologies Will Expand Its Minneapolis, Minnesota, Manufacturing Center
Unison Comfort Technologies, a manufacturer of heating, ventilating and air conditioning systems for the commercial sector, will invest $627,000 to expand its facilities in north Minneapolis, Minnesota, with plans to add 75 jobs. The company, headquartered at 60 28th Ave. N., said it is expanding because of increased demand for its HVAC products, which include air handling equipment, rooftop units, energy recovery systems, dehumidification units, and heating and cooling coils.
Park Industries Expands Its St. Cloud, Minnesota Manufacturing Plant
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.
