Governor Dayton, Shutterfly executives, and local officials break ground in Shakopee for a new 217,000 sq. ft. manufacturing facility that will bring hundreds of new jobs to Minnesota
At a groundbreaking ceremony today, Governor Mark Dayton, Mayor Brad Tabke, other state and local officials, and executives of Shutterfly, Inc. got a picture of what a new 217,000 sq. ft. manufacturing facility will look like in Shakopee. The company, based in San Francisco, is expanding its operations to include a manufacturing facility in Minnesota, creating hundreds of new full- and part-time jobs in the state.
"Shutterfly's expansion will bring hundreds of new jobs to Shakopee and Minnesota,” said Governor Dayton, who met with Shutterfly executives earlier this summer in San Francisco. “Great credit goes to the City of Shakopee, Scott County, the Minnesota Department of Employment and Economic Development, and Greater MSP for this tremendous achievement."
The move was aided in part by a loan of up to $1 million from the Minnesota Investment Fund – an incentive tool, which helps the State of Minnesota compete successfully for businesses and the jobs that come with it.
"We are absolutely thrilled to welcome Shutterfly to Minnesota,” said DEED Commissioner Katie Clark Sieben. “Shutterfly ranked ninth in Forbes' fastest growing companies in 2013 and is also ranked as one of the best places to work. Minnesota has the talented and productive workforce to help fuel Shutterfly’s rapid growth."
Governor Dayton and DEED Commissioner Katie Clark Sieben join Toro leaders at their Bloomington, MN Expansion
Minnesota companies are shifting into expansion mode. In the latest example, Toro Co. broke ground today on a 75,000-square-foot expansion project that will bring 50 new corporate jobs and retain nearly 900 jobs at the company’s headquarters in Bloomington.
“Toro is a longtime Minnesota manufacturer that has been operating in the state for 99 years,” said DEED Commissioner Katie Clark Sieben. “We’re grateful that the company chose Minnesota for latest expansion and congratulate their leadership and employees on all of their success.”
The company, which specializes in manufacturing lawnmowers, snow blowers, leaf blowers and other outdoor equipment, will add a three-story addition on the north side of its headquarters building at Lyndale Avenue South and 82nd Street West.
To assist in the expansion project DEED plans to award Toro a $750,000 forgivable loan from the Minnesota Investment Fund.
The project is the latest in a series of corporate expansions in Minnesota this year. Through the first two quarters, 80 businesses have announced expansion projects that will create more than 2,800 jobs in the state.
Cows are a key component of Minnesota's $15 billion dollar agricultural production industry. Photo credit: Flickr user Jannes Pockele
Minnesota ranks fifth in agricultural production in the United States. The $15 billion dollar industry is vital to Minnesota’s economy. Agriculture also is a major area of international trade for Minnesota. In fact, our state exported $5.2 billion worth of agricultural commodities in 2011!
Governor Mark Dayton recognizes that our agriculture industry is critically important to growing Minnesota’s economy. To better support farmers, the Minnesota Department of Agriculture is providing $1 million to fund livestock production improvements.
The grants will make a big difference for livestock producers seeking to make farm improvements. These enhancements will help our farmers remain competitive and increase their production. Since the initiative began five years ago, it already has helped 179 Minnesota farmers make $55 million dollars in upgrades and improvements to their farms.