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.
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
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
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
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
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.
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: