Can there be any doubt about Minnesota’s ability to turn big ideas into big commercial successes and world-class industries?
The fact that some of the world’s most recognized companies – including many in biotech fields – are headquartered or have major operations in Minnesota says a lot.Read More...
A rare atmosphere of collaboration exists among scientists, researchers, engineers, academia, industry and government in Minnesota's biotech sector.
And that willingness (desire, really) to work together is one of the things that draws bioscience companies here and makes them so successful.Read More...
Research lies at the heart of most every biotech breakthrough.
And for more than 150 years, dedicated scientists, researchers, engineers and physicians at the University of Minnesota and Mayo Clinic have driven bio-science advancements in Minnesota.Read More...
Minnesota practically gave birth to the world's medical device industry, and the state remains at the forefront of discovery in many life science and biotech sectors today.
That kind of success is so rare that it will be recognized later this summer as part of an exhibit at the National Museum of American History in Washington, D.C.
Executives from Minnesota biotech companies, key research institutions and a whole lot of industry movers-and-shakers are converging on Philadelphia this week for the BIO 2015 International Trade Show.
What better time to take an up-close look at one of the state's largest and most fascinating industries?
When people think of the jobs in the manufacturing industry, they typically focus on a short list of production occupations, such as assemblers or welders. That makes sense. Nearly 60 percent of all occupations in manufacturing are classified as production in Southwest Minnesota.
But that also means a little more than 40 percent - or 16,320 manufacturing jobs in the region- are not in production. These include a mix of well-paid occupations, ranging from sales and marketing to construction and other trades.
It's been a turbulent few years for manufacturing in southeastern Minnesota, as two recessions in a decade alternately pounded and pummeled the industry and triggered substantial job losses during the economic downturns.
The good news: In the calm that followed the storms job growth in the manufacturing industries is returning, albeit at a slower pace than job growth the region has seen across all other industries.
Even though Northeast Minnesota has the smallest number and lightest concentration of manufacturing jobs statewide, it remains a dominant player in a key industry.
And what the region lacks in job quantity is offset by high quality.
Paper manufacturing is a regional strong suit and (despite some significant job losses over the past few years) is still ripping right along in this part of the state.Read More...
It's fair to say that the seven-county Twin Cities metropolitan area is the epicenter of manufacturing in Minnesota.
The 4,105 manufacturing companies in the region supply 162,716 jobs. That's about 53 percent of all manufacturing jobs statewide.
In the metro region, the average annual wage in manufacturing was $69,680 in 2013 - 17 percent higher than the industry’s average annual wage for the state as a whole ($59,540).Read More...
Much has been made of the “brain drain” that results as young people ages 15 to 29 leave rural communities everywhere to seek out education, careers and lives in cities.
While the youth exodus is troubling and deserves our attention, what is too often overlooked in all of the hand-wringing is the influx of workers ages 30 to 49 who are coming back to rural communities all over Minnesota - and what a boon that is to manufacturers.