Greater Mankato Growth Blog

Employers: Get State Money for Job Training

Are you a new or existing businesses in Greater Minnesota? Will you be adding at least three new jobs? Do you need to provide training to those new employees? If so, then you’ll want to consider applying for a state grant from the new Job Training Incentive Program administered by the Minnesota Department of Employment and Economic Development (DEED). The program provides grants of up to $100,000 that eligible businesses can use to train workers in new jobs.

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Inside C.A.B. Construction

C.A.B. Construction is another success story in our community.  I got to meet with the owner and General Manager Karla Hansen, along with Team Steve:  Steve Duncan (Business Development) and Steve Brunson (Production Manager).  Read More

The MOST Debt Savvy Residents in the Country

Most Debt Savy Resident

 

Mankato was recently identified by SmartAsset.com as the most debt savvy location in the country.  A debt savvy location means people there have high credit scores, low average personal loan debt, low credit utilization and low mortgage foreclosure rates.

The study aims to find the places Read More

Are we ready for the Industrial Revolution 4.0?

In a recently released report from IBM, we are facing a transitional period for development that relies less on brick and mortar and labor and more on interconnectivity, agility and development of different skills.

Spawned by businesses, politicians and academics, the new industrial revolution will move from using IT and electronics to  automate manufacturing into developing cyber-physical systems. loosely defined as using electronics to manage mechanical systems. It develops a Smart Factory where machines talk to one another. It can predict failures and perform preventative maintenance functions. It also can standardize manufacturing from machine to machine in faster timelines. In other words, we move from plug and play to plug and produce. Read More

Let me introduce…Greater Mankato! You’ve never been!?

FAM Tour Group

FAM Tour Group meeting at Profinium Place in downtown Mankato

Yesterday I had the pleasure of introducing a national site selector around the Greater Mankato community. The day was part of the Minnesota Marketing Partnership’s Fam Tour event. Ten site selectors from across the country came to Minnesota to learn more about our development opportunities and the business climate. Read More

High-Tech Cows

Steering Committee Visit

The Project ABE Steering Committee Visits New Sweden Dairy

Yesterday, the Project ABE Steering Committee headed to rural Nicollet County for it’s quarterly meeting.  Mitch Davis of Davis Family Dairies hosted the group at their flagship location:  New Sweden Dairy.  New Sweden isn’t just a flagship facility for the Davis Family, but for the entire Dairy Industry.  What makes this dairy different from others?  It produces more than just milk, it produces talent. Read More

Boot Covers and Beard Nets – Suiting up with a company who boasts high quality food standards

Grain Millers Inc. Visit

Pictured Left to Right: John Considine, Jim Santori and Sam Ziegler of Greater Mankato Growth

During a heavy down pour Jim, John and I jump out of the truck to dash for the front door of a yellow warehouse looking building back a week and half ago. We only had fifty feet to dash to make it inside, as we wipe the water from our face we were greeted by two staff from Grain Millers Specialty Division here in St. Peter, MN. Once we signed in we spent some time in their conference room getting a briefing on the company which was quite impressive, they have food processing plants in a number of states and a couple in Canada. Read More

Labor Force Projections

GMG has put together labor force projections out to 2045! Its based upon a 45 minute drive time from the urban center of Greater Mankato.  Click on the graph to see how we’re going to grow by nearly 25,000 people in the next 30 years.Population Growth in Greater Mankato Labor Shed

Women in Ag

Hey we found this great article about agribusiness and the key roles women play in it today. Check out the article from MN Dept. of Economic Development below:

http://mn.gov/deed/newscenter/social-media/blogs/deed-developments/blog-entry.jsp?id=466-169966

Our first REDA annual report is out

A recap of a year’s work with the GMG’s Regional Economic Development Alliance has been published in our first annual report. ED nerds take notice – lots of data