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History

aerial view of red wing, mn
Red Wing, Minnesota has been an industrial, manufacturing community for over 100 years. Since 1985, the Red Wing Port Authority has played an active role in helping businesses expand and relocate to this historic and scenic community.

As the economic development agency for the City of Red Wing, the Port Authority has the expertise, experience and resources to make expansion or relocation economically and operationally viable. The Port Authority's primary goal is helping companies take advantage of the opportunities to expand and grow in the vibrant economy of Red Wing.

Those opportunities range from conversion of existing buildings or office space lease to new construction on sites already prepped with a complete infrastructure.

Successful businesses including D.B. Industries, Food Service Specialties, and BIC have found or expanded their manufacturing facilities with the assistance of the Port Authority. Click here to see some of our success stories.

See our site selection page for more information about financing and property options.

General Services:

  • Operates a revolving loan fund with a portfolio exceeding $3 million to fill the financing gaps in both business expansions and start-ups.
  • Partners with the state and federal governments and the private sector to coordinate financing and to turn projects into reality.
  • Administers Red Wing's Tax Increment Districts.
  • Partners with other organizations, such as the Red Wing Housing and Redevelopment Authority . For example, the Port Authority and the HRA helped facilitate restoration of historic downtown Red Wing.
  • Can issue Industrial Revenue Bonds to finance, in whole or in part, the cost of acquisition, construction and reconstruction.
  • Owns over 100 acres of developable land, complete with infrastructure.
  • Operates a riverfront bulk transfer facility (bulkheads), facilitating the shipping of bulk commodities via water transport.
  • Offers site selection assistance.

 

 

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Fast Fact Image

The 3-story building known as the Wagon Works was built in the 1860's; over the years the Wagon Works building was home to a number of uses and most recently had fallen into a state of disrepair. The City wondered if the building was beyond repair. The community worked with Knudsen's Caramels & Cheesecake to acquire and finance a top to bottom renovation of the Wagon Works building, which now serves as an example of just how one might take a building from a total state of disrepair to a community treasure. Today, the caramel business is stronger than ever and Knudsen Caramels are distributed nationwide.

The Port Authority's primary goal is helping companies take advantage of the opportunities to expand and grow in the vibrant economy of Red Wing.