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Governor Walz Announces $13 Million for Business Expansion Statewide

Friday, August 04, 2023

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Governor Tim Walz announced that the Minnesota Department of Employment and Economic Development (DEED) will provide over $13 million to help 15 businesses across Minnesota expand. The funding, from DEED’s Job Creation Fund and Minnesota Investment Fund, will leverage nearly $766 million in outside investment and create 652 jobs over five years. One of these businesses is Falls Fabricating in Little Falls!

Falls Fabricating LLC is a full-service precision fabricator of complex components with expertise in cabinets, chassis, tanks, reservoirs, frames and brackets. The proposed project will expand their current Little Falls facility by adding an additional 40,000 square feet and updating the current equipment being used. The project is expected to cost $15 million and create 32 jobs with an average wage of $22.34 per hour.

Read the full article here.

Category: Business Expansion, Business, Manufacture, News, Manufacturing, Economic Development, Workforce, Government