Learn more about relocating or expanding to Minnesota

Minnesota business climate, manufacturer incentives, and advantages of MN communities

Relocate or Expand to Minnesota - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Minnesota business climate, manufacturer incentives, and advantages of MN communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.

Minnesota Business Data*

Population: 5,266,214

Total Labor Force: 2,986,000

Unemployment Rate: 5.3%

Number of Manufacturers: 9,443

Manufacturing Jobs: 444,194

Right to Work: No

Unemp. Ins. Tax: 0.5–9.4%

Corporate Income Tax:

9.80%

Sales Tax:

6.875%. Exemptions include: Capital Equipment Purchases.

Property Tax:

Assessed at 100% of market value as determined by annual State Department of Revenue Sale Surveys. All properties are valued annually. Exemptions include: Pollution control equipment.

Leading Manufacturing Industries:
(by % of total manufacturing employment)

16% Industrial machinery and equipment
15% Food and kindred products
11% Printing and publishing
10% Instruments and related products
9% Fabricated metal products

Largest Manufacturing Establishments:
(by number of employees)

3M Co. (St. Paul) - 10,100
Thomson Reuters, West Div. (Eagan) - 6,800
IBM Corp. (Rochester) - 5,300
Cargill, Inc. (Wayzata) - 3,500
General Mills, Inc. (Minneapolis) - 3,200

Counties with the Most Manufacturing Jobs:

Hennepin - 146,183
Ramsey - 58,892
Dakota - 31,123
Anoka - 19,205
Stearns - 17,887

Cities with the Most Manufacturing Jobs:

Minneapolis - 61,789
St. Paul - 45,333
Eden Prairie - 14,622
Eagan - 12,194
Bloomington - 11,763

Manufacturing Related Business Incentives:

• Work Opportunity Tax Credit
• Job Opportunity Building Zones (JOBZ) Tax-Free Development Program
• State Small Business Credit Initiative
• Minnesota Investment Fund
• Urban Initiative Loan Program
• Border Cities Enterprise Zone Program
• SEED Capital Investment Credit Program
• Research & Development Tax Credit
• Tax Increment Financing (TIF)
• Small Business Development Loan Program
• Foreign Trade Zones
• Angel Tax Credit
• RAIN Source Capital (for "Green" investments)
• DEED Business Financing Programs
• Minnesota Federal Bonding Service

Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Minnesota Department of Employment & Economic Development
DEED is the state's principal economic development agency. DEED programs promote business recruitment, expansion, and retention; international trade; workforce development; and community development.
First National Bank Building, 322 Minnesota Street, Suite E200, Saint Paul, MN 55101 (Map & Aerial View)
(651) 259-7114
www.positivelyminnesota.com

Aitkin Area Chamber Of Commerce
Located at the junction of Highways 210 & 169 in central Minnesota, the Aitkin Area has a vibrant local economy with endless recreational opportunities. This makes it the perfect place to telecommute, expand or start a new business. The Aitkin Area Chamber of Commerce works closely with Aitkin County Growth to assist new & expanding businesses throughout the community.
P.O. Box 127, Aitkin, MN 56431 (Map & Aerial View)
(218) 927-2316
www.aitkin.com

Belle Plaine Chamber Of Commerce
Located adjacent to the Minnesota River Valley along the TH169 corridor between Minneapolis/St. Paul and Mankato, our city offers a thriving business community and beautiful residential areas. The TH169 corridor provides quick, easy accessto local businesses. Our vibrant highway commercial district provides residents with an array of services and retail stores. In keeping with founder Judge Chatfield’s vision for Belle Plaine.
204 N. Meridian St., Belle Plaine, MN 56011 (Map & Aerial View)
(952) 873-4295
www.belleplainemn.com

Benson Area Chamber Of Commerce
To unify, support and promote growth of the businesses and enhance the quality of life for the entire community.
1228 Atlantic Ave., Benson, MN 56215 (Map & Aerial View)
(320) 843-3618
www.bensonareachamber.com

Faribault County Development Corp.
The mission of the FCDC is to combine resources from public and private sectors of the Faribault County Area to bring enhanced Economic and Housing Development to the area. The organization works to create a stronger tax base and a broad range of living wage or better jobs that result from economic development.
415 S. Grove St., Ste. 4, Blue Earth, MN 56013 (Map & Aerial View)
(507) 526-2151
(507) 526-3206 Fax
www.fcdcorp.net

Greater Minneapolis Chamber of Commerce
The Chamber is focused on the development of existing businesses and the global recruitment of new business to the metropolitan area. It advocates at the Capitol and city halls on key issues that affect businesses, such as transportation and affordable housing.
81 South Ninth Street, Suite 200, Minneapolis, MN 55402 (Map & Aerial View)
(612) 370-9100
www.minneapolischamber.org

Revering Group LLC-Parkers Prairie Development
Addtl. Email: shorty@midwestinfo.net
P.O. Box 27, Parkers Prairie, MN 56361 (Map & Aerial View)
(218) 639-2300
www.reveringgroup.com

Rochester Area Economic Development Incorporated
RAEDI's primary goal is to attract, retain and assist the growth/expansion of base business within the Rochester Area. RAEDI's value proposition is the ability to assist businesses and entrepreneurs in securing the private and/or public resources needed to execute their business plans.
220 South Broadway, Suite 100, Rochester, MN 55904 (Map & Aerial View)
(507) 288-0208
www.raedi.org

St. Cloud Area Economic Development Partnership
The Partnership takes a regional approach to economic development and includes several cities, counties, colleges, universities, public utilities, and other organizations working with a single purpose: sustaining the economic vitality of the Central Minnesota region.
110 Sixth Avenue South, St. Cloud, MN 56301 (Map & Aerial View)
(320) 252-2177
www.scapartnership.com

Minnesota Industrial News:
Minnesota Industrial Directory Reports State Gained Manufacturing Jobs Over Past Year (12/10/2012)
Minnesota Manufacturing Jobs Remain Steady Over Year (11/18/2011)
Minnesota Manufacturing Jobs Declined 6.8% Over Past Two Years (11/8/2010)
Minnesota Manufacturing Jobs Fell 6.4% Over Past Twenty-Four Months (11/13/2009)
Minnesota Industrial Jobs Down 1.7% Reports State Manufacturers Guide (11/6/2008)
Industrial Directory Reports Minnesota Manufacturing Jobs Down 1.7%; Minneapolis/St. Paul Ranks Fourth In Nation For Manufacturing (11/21/2007)
Manufacturers' Directory Reports Minnesota Industrial Employment Down Half Percent In '06 (11/20/2006)
Minnesota Manufacturing Jobs Down Slightly, Reports State Industrial Guide (1/24/2006)

Looking to reach Minnesota manufacturers? Access the Minnesota Manufacturers Database compiled by MNI.

*Manufacturing stats updated on 5/17/2013. All other stats updated on 5/17/2013. Listings updated on 5/22/2013.

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