The Grand Rapids City Council has officially acknowledged support for a state proposed incentive program for the wood pellet production industry, recognizing that investments are required in expanding such businesses locally at this time.Â
According to the quarterly census of employment and wages, from 2008 to 2019, the seven counties of northeast Minnesota saw a loss of 1,466 jobs, 34 businesses and $28 million in wages from the forest product industry. This same data shows that between 2013 and 2018, Itasca County saw a loss of 20% of its independent forestry and logging operations and 12% of its independent truckers.Â
Despite these losses, a 2017 study by the University of Minnesota-Duluthâs Labovitz School of Business found that the forestry sector still contributes nearly 3,000 jobs, $160 million of labor income and more than $800 million in output to the economy of a 10-county region of north-central Minnesota and the sector still presents opportunities for growth.
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The Global Electric Kick Scooters Market size is expected to reach $4.9 billion by 2026, rising at a market growth of 12.3% CAGR during the forecast period. In recent years, the evolution of kick scooters as a cost-efficient urban commuting alternative has gained popularity. This is primarily because they provide easy to use and stylish design feature. Rapid advancements in the electric scooter sharing industry are also anticipated to create lucrative growth possibilities for the kick scooter market during the forecast period.
Various countries like the U.S, France, Spain, and Germany have witnessed a considerable increase in the adoption of kick scooters in the past few years, a pattern anticipated to remain the same during the forecast years. In addition to this, electric scooter sharing start-ups are forming a partnership with leading manufacturers in the market to increase their customer base and improve
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This recently collated investigative study minutely focuses on prominent vendors active in the competitive space and also includes versatile information portfolios comprising company profiles, product diversifications, along with details on product specifications, production and consumption facets, pricing matrix and revenue management trends that collectively steer extensive growth conducive possibilities in
Global Bike and Scooter Rental Market. The report entails decisive details about various market opportunities that are subject to change amidst fast transitioning market dynamics.
Global bike and scooter rental market is expected to rise to an estimated value of USD 7.06 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growth of demands for environment friendly and emission-free modes of transportation.
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