Television, radio, newspaper, and online ads funded by a group called United for Jobs target the governor’s plan to increase taxes and spending.
Business + Economy
Governor Mark Dayton focused on higher education and Capitol renovations in his $750 million bonding proposal, which also calls for Nicollet Mall to be reconstructed.
An omnibus jobs and economic development bill in the Minnesota House proposes a new program aimed at creating a skilled work force to fill manufacturing jobs.
Best Buy will house mini Samsung retail stores within all roughly 1,400 of its locations.
Oppidan Investment announced plans for a new office building in North Dakota’s booming Bakken region where it has recently invested in real estate developments.
Pinnacle, the regional carrier of Delta Air Lines, plans to hire hundreds after moving its headquarters from Memphis to the Twin Cities.
Construction on the new downtown Duluth office tower that will house Maurices’ national headquarters will not begin until spring 2013, about 6 months later than projected.
Minnesota’s per capita personal income rose 3.74 percent to $46,227 in 2012, outpacing the nation as a whole and all but three states.
Edina-based clean energy developer Geronimo Energy recently announced that it has acquired Midwest Wind Energy’s development portfolio.
A study performed by IBM compares Minnesota’s efficiency in the areas of human resources, finance, payroll, and procurement to the performance of leading private- and public-sector organizations.
Minnesota has regained 159,100 of the 160,100 jobs that were lost during the recession; meanwhile, the jobless rate held steady at 5.5 percent in February.
Eagle Creek Software Services has also partnered with the University of South Dakota to develop a degree program, which is meant to prepare workers for employment as an IT consultant.
A new report found that some Minnesota employers are having a difficult time filling job vacancies, but the reasons vary and cannot be pinned solely on a shortage of qualified applicants.
A construction schedule has not been finalized, but the retailer might break ground on the facility this year; it’s scheduled to open in late 2015.
Minnesota employers added 12,100 jobs in January, but the state’s unemployment rate ticked up 0.2 percent to a seasonally adjusted 5.6 percent—a jump that’s largely attributed to an increase in the labor force participation rate.
The Twin Cities ranks ninth among 358 major metros in terms of patents produced annually—and Rochester ranks third for patents issued per capita.
Local incentives, including a reported $4.9 million tax incentive package, helped lure an investment that city and state officials believe will help retain about 1,200 jobs in Owatonna.
MEDA has surveyed clients representative of hundreds of minority-owned companies it works with each year, for a report on how this part of our economy is doing.