DEED Developments header

Why Minnesota: Southeast

Posted on September 09, 2013 at 2:41 PM
Tags: Southeast MN

Southeastern Minnesota is the heart of the state’s health care and agricultural industries.

Anchored by the Mayo Clinic in Rochester, the region’s health care sector draws people from around the world and fuels the state’s prominent medical device sector. In Olmsted County alone, where Rochester is located, more than 38,000 people work in health care jobs.

That number is likely to rise significantly in the next 20 years, with Mayo planning a $6 billion expansion in Rochester that is expected to create 25,000 to 30,000 jobs. Mayo’s Destination Medical Center will secure the region’s reputation as a global destination for health care services.

Farming and agricultural-related companies are also major drivers of the southeastern Minnesota economy. Hormel, a Fortune 500 food manufacturer in Austin; Jennie-O, which makes turkey products in Faribault; and ADM, a food and commodities producer with operations in Winona and Red Wing, account for nearly 4,000 jobs.

The region’s farmers are responsible for 40 percent of the state’s fruit production, more than 25 percent of the state’s cattle (because of a strong dairy industry), and 90 percent of the state’s production of spring wheat.

Manufacturing is also a major industry, with more than 37,000 people employed at such firms as Red Wing Shoes in Red Wing, Viracon in Owatonna and Fastenal in Winona. Machinery, chemicals, electronics and glass are among the top products manufactured in the region.

Southeastern Minnesota is an ideal place to do business, thanks to a highly educated workforce, proximity to the Twin Cities and great quality of life. More details about southeastern Minnesota are available here.



view as list