WATCH THIS:  After visit from Gov. Dayton, Canadian firm bringing new jobs to Minnesota


Yesterday, joined by Governor Mark Dayton and Commissioner Katie Clark Sieben at a state Capitol news conference, Price Industries executives announced their plans to bring new, high-paying jobs to Minnesota.

This new business expansion comes after Governor Dayton traveled to Winnipeg to encourage Price Mechanical to consider Minnesota for its new research and development facility – which will employ more than 40 engineers in Maple Grove. The facility is expected to begin operation in April of 2014.

Gerry Price, Chairman and CEO of Price Industries, said, “Price is pleased to make this significant investment in its new development center in Minnesota, and is thankful for the assistance from the State to make this possible. Governor Dayton and his team really stepped up to the plate and demonstrated their support to grow jobs and new business. Minnesota sets a great example to other states in how to accelerate job creation from innovation.”

“We are pleased that Price chose Minnesota for an R&D facility that will bring new, good paying, jobs to the state,” said Governor Mark Dayton. “I thank the company for committing to Minnesota, and we will work with them to ensure their long-term success in Maple Grove.”

The Minnesota Department of Employment and Economic Development (DEED) will provide $700,000 from the Minnesota Investment Fund (MIF) to help with this new development. The Governor and Legislature invested $30 million of ongoing funding in the MIF initiative during the last legislative session to help Minnesota compete with other states and nations for manufacturing and high tech jobs.

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