DEED Awards $5.4 Million for Business Expansion Statewide
9 May 2023
News
Advanced Interconnect Technologies LLC, St. Cloud – JCF $341,500, MIF $125,000
Advanced Interconnect Technologies LLC provides manufacturing services and technical design assistance to the military, defense, commercial air, and space markets with a focus on advanced interconnect and connectivity issues. The proposed project will expand the current facility in St. Cloud by adding 5,000 square feet of manufacturing and warehouse space, with an expected total project cost of $3.8 million. The project expects to create 20 jobs within the first three years at an average wage of $36.82 per hour
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Benton Economic Partnership, Inc. (BEP) in Benton County, MN, is pleased to announce the onboarding of Johanna Isaro Ngango as the Economic Development Marketing Intern for 2023. Johanna is a St. Cloud State University senior majoring in Political Science, International Relations, Urban Planning and Community Development.“Through our internship program, Benton...
Key Steps to Satisfying Workforce Needs
May 1 2023According to the Bureau of Labor Statistics most recent report released on March 10, 2023, the unemployment rate for March was 3.5 percent. The unemployment rate has hovered at this level over the last 12 months, ranging between 3.5 percent and 3.7 percent, except for in January 2023 where it...
Clean Energy’s Impact on Minnesota’s Economy
Apr 27 2023Unfortunately, the climate doesn’t stop changing when the global economy takes a turn. But Minnesota has continued to outpace the national push for a carbon-neutral economy, according to a recent report.
Minnesota is outranking the national average when it comes to many clean energy milestones. Zero-carbon has provided the...