Business expansions lead to 1,500 new jobs in second quarter
Monday, September 02, 2013
Minnesota businesses announced plans in the second quarter to create nearly 1,500 jobs related to 39 expansion projects, according to a statewide survey by the Minnesota Department of Employment and Economic Development (DEED). Combined with first quarter results, the state has seen a total of 81 business expansions in 2013.
DEED’s quarterly Business Expansion Survey included expansion projects by Emerson Process Management, which plans to add 500 jobs within two years in Shakopee, and Stratasys, which anticipates adding 100 employees by the end of the year in Eden Prairie.
“One key indicator of economic success is the number of businesses we see expanding within our borders,” said DEED Commissioner Katie Clark Sieben, in a news release. “The number of companies choosing to invest here represents a level of confidence in the economic opportunities we are seeing statewide.”