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Global Best To Invest 2024
May 13 2024Why should global rankings matter if the whole world is deglobalizing and reshoring?Because it’s possible they’re not doing that at all — at least, not yet.“The world is at a record high level of globalization despite geopolitical conflict and policy headwinds,” said Steven Altman at a March 2024 press conference...
In the realm of economic development, the allure of megasite projects is undeniable. The promise of massive investment, job creation, and economic revitalization often captures the attention of policymakers, economic development professionals, and communities alike. However, amid the frenzy surrounding these colossal undertakings, there lies a segment of clients often...
For more than a century, families, friends and neighbors have gathered in the St. Luke Lutheran Church building in Goodhue and, while the church congregation relocated in March, the new building owners hope to continue that tradition.Brittany and Marc Huneke purchased the historic building and, according to Brittany, plan to...
How to reimagine success at work
May 10 2024In one study, researchers set out to understand how people think about success. First, they asked participants to agree or disagree with a series of statements about how they believe other people define success. In response, 92% of people agreed that others view success as accumulating riches, fame, and power...
The U.S. Department of Agriculture (USDA) today announced approximately $22.3 million available to community-based and nonprofit organizations, institutions of higher education, and Tribal entities that help underserved and veteran farmers and ranchers own and operate successful farms. Funding is made through USDA’s 2501 Program. This program is administered by USDA’s...
What starting wages compensate your employees fairly? Where are new sources for recruiting job seekers? Is your retention rate as high as you want it to be? What other questions have you asked yourself when developing a recruiting strategy? To encourage businesses to become more competitive while ensuring workers achieve...
The Red Wing Port Authority is excited to celebrate Economic Development Week (EDW) from May 6th - May 10th. EDW, established by the International Economic Development Council, highlights the importance of economic development in our region and across the globe.Economic development is crucial to Red Wing’s growth and prosperity. It...
Branding is the most important part of your marketing strategy, without a recognizable brand, potential customers won’t know who you are. The Nike tick, and the McDonalds sign are two of the most popular logos in the world. But there’s much more to a brand than a logo, colors and...
The Minnesota Department of Employment and Economic Development (DEED) announced 19 workforce development grants totaling over $2.9 million to eight Minnesota educational institutions that are partnering with Minnesota businesses to develop and deliver customized workforce training programs. Grantees expect to train more than 4,000 workers through these programs."Workforce training programs...
Entering 2024, indications were that inflation might be easing, and borrowers became hopeful that interest rate cuts would be on the horizon. Now, four months into the year, inflation remains sticky, and Federal Reserve Chair Jerome Powell has suppressed talk about rate cuts.“In recent months, inflation has shown a lack...
Workers' compensation is a crucial insurance program that provides benefits to employees who suffer work-related injuries or illnesses. While the primary focus of workers' compensation is on the well-being of employees, this insurance also offers significant benefits to businesses. In this blog post, we will explore the various advantages that...
James enrolled in the Minnesota Department of Transportation (MnDOT) and the Department of Employment and Economic Development (DEED) Highway Construction Cement Mason program in 2021. Getting his foot in the door for this high-demand career path changed James’ life. That 6-week MnDOT-DEED-sponsored training course back in 2021 prepared James to...
Getting through the maze of federal funding and incentives in the world of manufacturing site selection and facility planning is akin to a high-stakes chess game. It's not just about the allure of the funds; it's the intricate dance of aligning these opportunities with your project's timelines and strategic goals...
Millions of Americans still don’t have access to high-speed internet. Christopher Ali, a professor of telecommunications at Penn State University, discusses who lacks access to broadband and how the federal government – with a US$65 billion commitment – is trying to bring more people online.The Conversation has collaborated with SciLine...
The Red Wing City Council plans to open the hiring process for its next administrator to external and internal candidates, but not all of its members are on board with the idea.Councilors Becky Norton and Vicki Jo Lambert opposed the council’s motion April 8 to move forward with a search...
Steve Jobs called it ‘collecting dots.’ It’s where you read and investigate several things at the same time, both historical and then looking forward. It might be researching an industry, studying the economic and industry trends, looking at technology trends, looking at what’s trending with emerging generations like Gen Z...
The U.S. Department of Agriculture’s Forest Service today announced it is issuing more than $232 million to support public schools, roads and other municipal services through the agency’s Secure Rural Schools program. As the Biden-Harris administration invests in ways for forests to generate more economic opportunity in rural areas, it...
We're well into the second quarter of 2024 and, already, much has changed for the CFO since the beginning of the year. Rapidly shifting economic, technological, and regulatory landscapes continue to add complexity as CFOs look to balance both day-to-day operations and broader strategic objectives in the organization.Are you on...
For 45 years, the Wagner family has owned the property just off Highway 169 near Jordan.Through apple, pumpkin and squash sales and 19 additions to the building, it's clear the focus is now candy, even earning the title "Minnesota's Largest Candy Store.""We are at 27,000 square feet under one roof,"...
At this time, Rural Minnesota Concentrated Employment Programs, Inc. (RMCEP) and the Local Workforce Development Board would like to welcome the public in providing feedback for the proposed WIOA (Workforce Innovation and Opportunity Act) Regional and Local Workforce plans spanning 2024-2027.This federally required planning document aims to address the diverse...
Offering your employees benefits makes you more competitive. The Minnesota Chamber has been a trusted partner in offering low-cost benefits with special features to businesses for nearly 50 years. These competitive insurance products, sold exclusively through independent insurance agents, save you money and help attract and protect your most valuable...
Social media emerges as a vibrant stage for connection, a realm where innovative ideas thrive, and communities unite. For economic developers, it offers a fertile ground not just for engagement but for inspiring a collective movement toward growth and prosperity. The challenge, however, lies in cutting through the noise, capturing...
River Bluff Humane Society has been caring for the animals of Goodhue County since 1983, and, with the new leadership of Shelter Director Liz Zolondek, it has been named Nonprofit of the Year for the past two consecutive years.“We won last year, which was a huge surprise because it was...
Every quarter, the Labor Market Information (LMI) Office of the Minnesota Department of Employment and Economic Development (DEED) publishes research articles that offer insights into important labor market trends.The latest quarterly issue of Minnesota Economic Trends includes articles that explore what recent graduates of Minnesota post-secondary institutions earn, what industries...