In the News
St. Paul-based Bix Produce Co. is planning to move its 400 employees to Little Canada in an expansion that would triple the size of its current food-processing facility. The company, long a North End institution, would create 129 new jobs over the next four years and spend $15 million renovating a warehouse and clearance center at Interstates 35E and 694 if a deal to buy the property from Slumberland Furniture goes through. DEED awarded the company two grants in late October, one for creating jobs and another for making capital investments, totaling up to $350,000.
Recent Press Releases
Minnesota’s seasonally adjusted unemployment rate held at 2.8 percent in October, according to data released today by the Minnesota Department of Employment and Economic Development (DEED). The number of unemployed Minnesotans now at 86,118 which is the lowest since the last recession. In October, the Minnesota labor market gained a 3,400 jobs when seasonally adjusted and the previously announced loss of 1,400 jobs in September was revised to a 500 job gain.
Graco, internationally recognized manufacturer of fluid handling equipment for industrial and commercial applications, plans to create 84 jobs and invest $73 million to expand its operations in Rogers at the David A. Koch Center. DEED is supporting the expansion with a $700,000 loan from the Minnesota Investment Fund and an $800,000 grant from the Job Creation Fund.
Recent Blog Posts
With record low unemployment, more and more employers are feeling the labor force crunch, but one group of job seekers may be overlooked – disabled veterans. To raise employer awareness of this labor source and lower perceived barriers to hiring disabled veterans, the Disabled American Veterans (DAV) has released their 2018 hiring guide. See more about the new guide at the DEED Developments blog.
Serving Our Customers
 Governor Dayton issued a proclamation making November 24 Small Business Saturday. Elected officials in all 50 states issued similar proclamations this year. Shoppers in Minnesota have been going out in force every year to support local businesses. In 2018, shoppers reported record spending of $17.8 billion nationwide.
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