Minnesota Resources
Recent Project Announcements
Rolls-Royce Expands Mankato, Minnesota, Manufacturing Operations
TYC Americas Plans Wixom, Michigan, Manufacturing Operations
Solventum Relocates-Plans Eagan, Minnesota, Research Operations
Sofidel Expands Duluth, Minnesota, Production Operations
Niron Magnetics Plans Sartell, Minnesota, Manufacturing Operations
Solugen Plans Marshall, Minnesota, Biomanufacturing Operations
Polar Semiconductor Expands Bloomington, Minnesota, Manufacturing Operations
Meta Plans Rosemount, Minnesota, Data Center
ForwardEdge ASIC Establishes St. Paul, Minnesota, Operations
Nucleus RadioPharma Plans Rochester, Minnesota, Radiopharmaceuticals Production Campus
Bobcat Company Plans Rogers, Minnesota, Production Plant
Altoz Expands Red Lake Falls, Minnesota, Manufacturing Operations
Nu-Tek BioSciences Plans Austin, Minnesota, Manufacturing Complex
Navitas Systems Expands Michigan Manufacturing Plants
Recent Features
New Rules for the Cloud Rush
What developers need to know about how states are regulating data centers—and utilities are shifting the cost burden.
Innovation Corridors Have Economic Assets Driving Business Growth
By actively putting together the resources needed for innovative companies to survive and thrive, innovation districts and corridors have found a recipe for success.
Robust Development Plan Encourages Innovation and Expertise
Venture capital groups are raising money to invest in U.S.- based infrastructure for large-scale bio-therapy manufacturing, the need for which was highlighted by the COVID-19 pandemic.
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
While the current COVID-19 crisis may put some development on “pause,” our annual Shovel Awards recognize states that garnered large job-creating and investment projects over the course of the previous year.
An Innovative P3 for a Multibillion-Dollar Medical Center
Lisa Clarke, Executive Director, Destination Medical Center Economic Development Agency, spoke with Area Development about the largest public-private economic initiative in Minnesota’s history, at our Women in Economic Development Consultants Forum.
Credit & Incentive Trends in Landing a Data Center
Tax incentives have played a key role in differentiating potential data center facility locations.
Regional Report: Midwest Economy Buffeted by the Winds of Change
There have been ups and downs in the world of Midwest auto manufacturing, but the region has also shown growth in the technology, agribusiness, and logistics/distribution sectors.
Higher Ed for Hire: Providing Fuel for High-demand, High-skilled Jobs
Long-term university-industry partnerships, agile community college curriculums and creative government funding are providing the “secret sauce” for workforce development and a supportive pipeline for future regional industrial growth.
Minnesota Direct Financial Incentives
Minnesota's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment.
Minnesota Basic Business Taxes
Corporate income tax, Sales and use taxes, Property tax, Research and development, Sales and use exemptions, Property tax exemptions