Elected officials and Polaris leadership gathered together for a groundbreaking ceremony
Many people have been recognized for inventing machines that could travel through snow, but credit for the birth of the modern-day recreational snowmobile still goes to Polaris Industries in Roseau in 1954. Employees built a prototype snowmobile using a grain silo conveyor belt for a track and an old Chevy bumper for skis.
Nearly 60 years later, this quintessential Minnesota company is still going strong. Polaris, now based in Medina, has added all-terrain vehicles, side-by-side vehicles and motorcycles to its manufacturing repertoire and employs more than 5,000 people. Revenue last year hit nearly $2.7 billion.
In the latest bit of good news from Polaris, the company broke ground Friday on a 144,000-square-foot expansion project at its research and development facility in the Chisago County community of Wyoming. The project will double the size of the facility and create capacity for up to 350 more jobs, according to company officials.
The Minnesota Department of Employment and Economic Development had a role in making sure the project happened, providing the company with a $400,000 forgivable loan from the Minnesota Investment Fund. Under terms of the loan, Polaris has committed to creating 150 permanent jobs within two years. Polaris is also eligible to receive JOBZ tax exemption benefits
The Minneapolis-St. Paul area’s population will grow in two ways in the coming decades: it will grow in size, and it will grow in diversity.
The Metropolitan Council has predicted that by 2040, the population of the Twin Cities Metropolitan Area will grow by 893,000 people to a total population of 3,743,000, and that 43% of residents will be people of color in 2040 – up from 24% in 2010. The region’s Hispanic population is expected to nearly triple, from 168,000 in 2010 to 479,000 in 2040.
The region will also see a more diverse student population. The population of color under age 25 will double in size by 2040 up from 335,000 in 2010 to 676,000. This change will then be reflected in Minnesota’s workforce as that population moves from school into the job market further down the road; likewise, the workforce by 2040 will reflect the diversity of today’s under-25 population.
The Minneapolis-St. Paul metro area is going to grow a lot in the next few decades, and Governor Dayton is proud to be leading Minnesota into a new era of increased output, population, and diversity.
According to demographic changes projected by the Metropolitan Council, the Twin Cities metro area will see substantial growth in overall population, population diversity, economic output and jobs over the coming three decades.
The Council projects that by 2040, the greater Minneapolis-St. Paul metro area will grow by 893,000 people, to a total of 3,743,000, and that 43% of the metro population will be people of color (up from 24% in 2010). This is a slower growth rate per decade – at roughly 9 or 10 percent – than the 15 percent the metro area witnessed in the 1980s and 90s.
On March 23, 2012, Governor Mark Dayton, U.S. Department of Health and Human Services Secretary Kathleen Seblius, U.S. Senator Al Franken, and Congresswoman Betty McCollum attended a roundtable discussion with women and mothers to discuss how the health reform law, the Affordable Care Act, has put Americans back in charge of their health since it was signed into law two years ago.
For over 70 years, National Dairy Month has been celebrated in the United States during the month of June to recognize the important role dairy plays in our nation. In the infographic above you can see some of the most important benefits dairy has for Minnesota, or, for more information, visit the website of the Midwest Dairy Association.
Beginning July 1st, Minnesota residents paying their taxes online by either credit or debit card will find the process easier, thanks to a change being implemented by the Minnesota Department of Revenue.
This is thanks to a new vendor—and new website—being used by the department to handle these payments. The new site, www.payMNtax.com, is run through Value Payment Systems, and features a digital time stamp to guarantee accurate records, an email reminder option to schedule future reminders for upcoming tax payments, and, eventually, an automatic scheduling option to ensure that taxpayers never miss their payments.
This past Tuesday, June 12, Lieutenant Governor Yvonne Prettner Solon showed her support for University Avenue’s locally-owned businesses when she attended “Lunch on the Avenue” at Ngon’s Bistro. Lieutenant Governor Solon met with business leaders from the Midway area including Midway Chamber of Commerce Board Chair Paul McGinley and representatives from the Minnesota Department of Employment and Economic Development (DEED) and the Met Council. Others who attended include Robert McPherson, an insurance risk consultant with Western Insurance Agency in St. Paul and Chris Ferguson, President and CEO of Bywater Business Solutions in Minneapolis.
As Governor Dayton leads the state’s trade mission to China June 8-June 17, he is joined by many businesses and organizations representing Minnesota agriculture. China is the state's top foreign market for agricultural commodities and related food products, accounting for more than a quarter of Minnesota's agricultural exports. Agricultural businesses, food service companies, and other farming organizations join the larger delegation with the goal of fostering trade relations between Minnesota and China.
Among the farming companies that compose the delegation is Knewtson Soy Products, a family owned and operated farm in Good Thunder, Minnesota that exports 90% of their soybean production to food and feed manufacturers, with customers in several Southeast Asian countries. Additionally, Hastings Co-op Creamery, a 98-year-old company currently marketing milk and milk products for 105 dairy farmer members/owners, and Superior Feed Ingredients, a company based in Waconia, will also join the Governor as members of the delegation.
Also included in the delegation are key members of the food service industry, such as Dombrovski Meats, based in Foley, Minnesota, a family owned company, wholesale manufacturer, and national distributor of the highest quality meat products [see featured profile below]; Midwest AG Enterprises, Inc., a Marshall-based manufacturer and supplier of high quality feed ingredients for the livestock industry in China; and Michael Foods, the world’s largest egg processing company, based in Minnetonka, whose newest facility is located near Beijing.