Gradian Thermal Solutions Establishes Dayton, Minnesota, Manufacturing Operations
Thermal management equipment manufacturer Gradian Thermal Solutions has established operations in Dayton, Minnesota.
10/30/2026
Minnesota Resources
Recent Project Announcements
Ecolab Expands Eagan, Minnesota, R&D Operations
Water, hygiene and infection prevention solutions provider Ecolab plans to expand its operations in Eagan, Minnesota.
10/27/2026
Ecolab Expands Eagan, Minnesota, Operations
Water, hygiene and infection prevention solutions provider Ecolab plans to expand its operations in Eagan, Minnesota.
10/27/2026
North Wind Plans Rosemount, Minnesota, Research Operations
North Wind, a provider of ground-based testing for the aerospace and defense industries, plans to establish research and development operations in Rosemount, Minnesota.
01/27/2026
Rolls-Royce Expands Mankato, Minnesota, Manufacturing Operations
Rolls-Royce, a company that designs, manufactures, and maintains power systems, plans to expand its operations in Mankato, Minnesota. The $24 million project is expected to create 100 jobs over the next three years.
06/12/2025
TYC Americas Plans Wixom, Michigan, Manufacturing Operations
TYC Americas, a supplier of automotive lighting products for two- and four-wheel vehicles, plans to establish operations in Wixom, Michigan. The $18.75 million project is expected to create 109 jobs.
03/31/2025
Solventum Relocates-Plans Eagan, Minnesota, Research Operations
Solventum, a 3M health care spinoff, plans to relocate and expand its research and development operations in Eagan, Minnesota. The $209 million project is expected to retain at least 1,000 jobs.
11/19/2024
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.
10/30/2024
Niron Magnetics Plans Sartell, Minnesota, Manufacturing Operations
Clean earth magnet producer Niron Magnetics plans to establish operations in Sartell, Minnesota. The project is expected to create 175 jobs.
10/15/2024
Solugen Plans Marshall, Minnesota, Biomanufacturing Operations
Climate technology product manufacturer Solugen plans to establish operations in Marshall, Minnesota. The project is expected to create 56 jobs.
06/18/2024
Polar Semiconductor Expands Bloomington, Minnesota, Manufacturing Operations
Polar Semiconductor, a manufacturer specializing in sensor, power, and high-voltage semiconductors, plans to expand manufacturing operations in Bloomington, Minnesota. The $525 million project is expected to create 160 jobs.
05/16/2024
Meta Plans Rosemount, Minnesota, Data Center
Meta plans to establish a data center facility in Rosemount, Minnesota. The $800 million project is expected to create 100 jobs.
03/18/2024
ForwardEdge ASIC Establishes St. Paul, Minnesota, Operations
ForwardEdge ASIC, a microelectronics design company that creates application specific integrated circuits and subsidiary of Lockheed Martin, plans to establish operations in St. Paul Minnesota. The $60 million project is expected to create 100 jobs.
05/26/2023
Nucleus RadioPharma Plans Rochester, Minnesota, Radiopharmaceuticals Production Campus
Nucleus RadioPharma, a radiopharmaceutical company, plans to establish operations in Rochester, Minnesota. The project is expected to create 28 jobs within the first two years.
05/12/2023
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
