Business Expansion Reports

Our quarterly Business Expansion Report highlights business startups and expansions at various stages of development from Minnesota firms statewide. 

We make these data available to various economic development publications, including Site Selection magazine. Each year, based on voluntary reporting, Site Selection ranks states on a number of factors relating to economic development. Minnesota consistently ranks highly in many categories of this prominent annual survey.

View the Most Recent Business Expansion Report

Highlights from the first quarter of 2014 include:

  • Manufacturing once again led the state with 15 of the total 31 projects announced. Expanding manufacturers operate across a variety of markets including electronics, machine tools, textiles, and even custom ice fishing houses.
  • Several headquarters projects were announced in the first quarter. Anytime Fitness and Cardiovascular Systems announced they will construct a major new headquarters office in Woodbury and New Brighton, respectively. British-based It's Fresh! established its North American headquarters in Eden Prairie. Ovative/Group, Solve, and RedBrick Health all announced moves and expansions of their headquarters within Minneapolis.
  • 11 of the total 31 projects announced are receiving direct financial incentives from state of Minnesota programs - Minnesota Investment Fund, Minnesota Job Skills Partnership, or Job Creation Fund.
  • Among those companies that announced anticipated job numbers, a total of 1,792 new jobs are expected to be created as a result of these expansion projects.

Download the report in an Excel spreadsheet or peruse this interactive map of expansions from this year:

Information Gathering Sources
Business activity is researched using a variety of sources including metro and regional newspapers, business and real estate journals, construction company newsletters, Internet research and staff referrals. DEED and/or JOBZ Initiative involvement is not a project measure to qualify for admission into the report.

Tell Us About Projects in Your Area
Please let us know about business startups, expansions or other significant business activity in your area. Download this form and email it to us as an attachment.

For More Information
If you have any questions, contact Andrew Dahl at 651-259-7186 or andrew.dahl@state.mn.us.

Online Minnesota Business Expansion Report Form

Businesses exploring Minnesota for new locations routinely inquire about current economic development.  Listings of companies who have recently built new facilities or expanded existing ones verify a healthy economy in our state.  The MN Business Expansion Report provides this information and so offers state and local economic development officials real evidence of business activity within Minnesota.

Qualifying projects are also made available to various economic development publications, including Site Selection magazine.  Each year, Site Selection ranks US states on a number of factors related to economic development.  In recent years, Minnesota’s dynamic economy has been favorably positioned in this high-profile annual survey, placing in many of the "Top 10" lists.  Sending us projects from your area helps continue this vital national recognition. 

We invite you to let us know of significant business activity in your area by using the Business Expansion Report data submission form.