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$1 67 million from Job Creation Fund to help six businesses in Minnesota

The expansion projects aim to create nearly 300 new jobs. Written By: Prairie Business | × Getty Images The Minnesota Department of Employment and Economic Development said additional businesses in the state will benefit from Job Creation Fund awards. In total, $1.67 million in awards will go to six Minnesota businesses, which are expanding or building new locations in Minnesota and are expected to create 297 new jobs over the next three to five years. “I congratulate these six businesses on their expansion,” DEED Commissioner Steve Grove said in the announcement on Wednesday, April 28. “These public-private partnerships to expand jobs in Minnesota will continue to be a big part of our recovery.”

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Mayo Clinic Health System donating land for Austin economic development

Mayo Clinic Health System donating land for Austin economic development Two acres are in the Creekside Business Park. Posted: Apr 29, 2021 12:15 PM Posted By: Mike Bunge AUSTIN, Minn. – Mayo Clinic Health System – Austin Foundation is giving two acres of land to the city’s port authority. The land within the Creekside Business Park will help plan for future growth in the area. “We are excited about the growth the City of Austin is experiencing, including the construction of the Nu-Tek BioSciences manufacturing complex in the Creekside Business Park,” says Jerry McCarthy, Austin Port Authority president. “With Mayo’s donation of the neighboring two-acre parcel, we can plan for future expansion by Nu-Tek or accommodate other businesses who choose to locate in Austin. We appreciate Mayo Clinic Health System’s contribution to the health and economic vitality of our city.”

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Austin business awarded $175,000 from the Job Creation Fund, will create 19 jobs

KAAL-TV Created: April 28, 2021 11:25 AM (ABC 6 News) - The Minnesota Department of Employment and Economic Development (DEED) announced Wednesday $1.67 million in Job Creation Fund awards for six Minnesota businesses, Nu-Tek BioSciences in Austin is one of the recipients receiving $175,000. The businesses are expanding or building new locations in Minnesota and are expected to create 297 new jobs over the next three to five years. I congratulate these six businesses on their expansion, said DEED Commissioner Steve Grove. These public-private partnerships to expand jobs in Minnesota will continue to be a big part of our recovery. Nu-Tek BioSciences in Austin is a manufacturer of ingredients used in the development and manufacturing of pharmaceuticals. This funding will assist in the opening of their first manufacturing facility in Austin. The JCF funding will help create 19 high-quality jobs over the next two years. Nu-Tek was awarded $175,000 from the

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Nu-Tek project in Austin getting $175,000 in state money

New facility expected to create 19 jobs. Posted: Apr 28, 2021 12:12 PM Posted By: Mike Bunge ST. PAUL, Minn. – A new economic development in Austin is getting financial assistance from state government. The Minnesota Department of Employment and Economic Development (DEED) says $175,000 is going to Nu-Tek BioSciences to open their first manufacturing facility in Austin. The funding will help the company, a manufacturer of ingredients used in the development and production of pharmaceuticals, create 19 high quality jobs over the next two years. That money is part of $1.67 million in incentives going to six businesses around Minnesota. The other companies receiving funds are: Bemidji Steel Company Inc., Hubbard County – $100,000

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Austin business awarded $175,000 from the Job Creation Fund, will create 19 jobs

Austin business awarded $175,000 from the Job Creation Fund, will create 19 jobs
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