Business Development Update for May 2016

By Bill Kemp – Business Development Director

News of Note

  • The Central Minnesota Credit Union has completed their service center in St. Joseph and are hiring.
  • Grede LLC, St. Cloud, has been selected as a Progress Minnesota award winner.  Progress Minnesota awards are given out each year by Finance and Commerce, the business publication.  The awards recognize efforts of companies and individuals who drive business growth and economic development in the state.  The honorees were recognized at a banquet on April 7th at the Hyatt Regency in Minneapolis.  

Business Development Snapshot


Expansion, Retention and Attraction Visits

Goal for 2016:                                      75 visits

BRE visits (thru April)                        18 visits


Potential Business Projects:

Goal for 2015: 50 projects in the Pipeline

Potential business expansion opportunities currently in the pipeline:

Within 3-6 months:   23

Within 6-12 months:   11

Within 12-24 months: 15

 Potential new business projects currently in the pipeline:   23

 TOTAL projects in the pipeline: 72

 Jobs Created or Retained:

Goal for 2016: 60

Total jobs created or retained: 104


Posted on May 12, 2016 .