DEED Roundup – Jan. 29, 2018

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January 29, 2018

DEED in the News

Solar panels

Solar Panel Plant Seeks State Loans
Duluth News Tribune-1/23/18 

The last company making photovoltaic electric solar panels from scratch in Minnesota is asking for public financial help in expanding to add 50 jobs in Mountain Iron. Ontario-based Heliene Inc. is asking for $3.5 million in government-backed loans — $1.75 milion each from DEED and the Department of Iron Range Resources and Rehabilitation.

Winona WorkForce Center Still Busy in Improving Economy
Winona Daily News-1/26/18

Winona WorkForce Center

Winona and the state as a whole closed out 2017 with strong job numbers. But even with an unemployment rate of 2.4 percent in the city, the Winona WorkForce Center has about the same number of people and businesses looking for assistance, according to Gerry Krage, job service manager at the facility. "We’re still very, very busy,” he says. “The challenges are just different.” 

Recent Press Releases

Updated DEED Business Guide Now Available

The 2018 edition of “A Guide to Starting a Business in Minnesota” is now available from the Small Business Assistance Office at DEED. This popular guide, which is now in its 36th edition and free of charge, provides a concise summary of the major issues faced by anyone starting a business in Minnesota.

Recent Blog Posts

Smiling worker

While Minnesota’s labor market has been getting tighter for several years, one expected outcome of that trend has been late to emerge – wage growth. But a story by Dave Senf in the latest issue of Trends magazine documents that wage growth is finally occurring in many industries in the state. The DEED Developments Blog has more details.

Did You Know?

U.S. Bank Stadium

Super Bowl LII on Sunday will bring an estimated $407 million in new spending to the Twin Cities, according to a 2016 study conducted by Rockport Analytics at the request of the Super Bowl Host Committee. The West Chester, Pa., research and analytical consulting firm estimated the event will attract 125,000 visitors and support 6,000 jobs.