HOW DID WE GET HERE? THE MAKING OF MINNESOTA’S HIGHLY DEVELOPED ECONOMY.
26 Apr 2023
Seeds of future growth were scattered across Minnesota’s economy in the mid-1950s.
In 1955, a new startup named Polaris Industries built a first-of-its-kind snowmobile in Roseau, Minnesota, positioning the young company to capitalize on a growing market for recreational products in post-war America. Meanwhile, 240 miles east of Roseau, the Reserve Mining Company in Babbit shipped the state’s first load of taconite on Lake Superior, marking a new phase of iron-ore mining in Minnesota.