The Regional Business Climate
APEX investor-members are focused on growth. Their successes and achievements have a positive impact on the region. Browse recent headlines to get a sense of how investor-members are impacting, and demonstrating their commitment, to the region.
St. Luke's names new CEO
Tuesday, June 11, 2019
"Kevin checks all the right boxes. He never asks anything from anyone he wouldn't ask of himself," St. Luke's Board Chair Jeff Borling said in an interview Tuesday.
The Duluth-based health system had been led by John Strange for the past 23 years. Strange retired in February.
To read the full article, visit Duluth News Tribune
Destination Medical Center, North? Duluth readies for massive medical investment
Wednesday, June 05, 2019
Duluth Mayor Emily Larson does not hold back when she describes the potential impact of the more than $1 billion in health care investment planned for her city over the next decade.
"There really is nothing like it, this kind of private investment happening concurrently," she said. "The density, the impact — it is completely catalytic and transformational."
To view the entire article, visit MPR
St. Scholastica names new president
Thursday, May 30, 2019
Dr. Barbara McDonald will become the 13th president of The College of St. Scholastica, effective Aug. 5.
She was introduced to the St. Scholastica community at an on-campus announcement this morning.
To read the entire article, visit Howie Blog
Court of Appeals: Additional environmental review of PolyMet not needed
Tuesday, May 28, 2019
The Minnesota Court of Appeals on Tuesday said an additional environmental review of the contentious PolyMet copper-nickel mine near Hoyt Lakes is not needed.
Opponents of the recently approved mine, set to be the first of its kind in Minnesota, argued the Department of Natural Resources erred when denying requests for a supplemental environmental impact statement after PolyMet indicated in a March 2018 technical report that its site had enough ore for a substantially larger mine in the future.
To view full article, visit: Duluth News Tribune
Details of Essentia’s proposed project come into focus
Wednesday, May 22, 2019
More details about Essentia Health's plans for a new 18-story inpatient/outpatient facility in downtown Duluth have emerged, as members of the city's Planning Commission prepare to review the proposed project next week.
The design shows the building's tower standing 340 feet tall, and the structure would accommodate two throughways for vehicle traffic, where First Avenue East and the service alley above East Superior Street burrow through the facility.
To view full article, visit: Duluth News Tribune
Volunteer Attorney Program recognizes Hanft Fride as Law Firm of the Year
Wednesday, May 22, 2019
The Volunteer Attorney Program (VAP) has named Hanft Fride the 2018 Law Firm of the Year for the firm’s work in providing legal assistance to underserved populations in northeast Minnesota. Hanft Fride accepted the award on May 3, at LawLawPalooza!, the Volunteer Attorney Program’s annual fundraiser.
“We are truly honored to receive this recognition from VAP,” said Jennifer Carey, president of Hanft Fride. “We believe everyone deserves access to high-quality legal services, and we are proud to dedicate resources to furthering VAP’s mission.”
To view full article, visit: Business North
St. Luke's Advanced Wound Care Center Earns Awards
Friday, May 10, 2019
The folks at St. Luke's Advanced Wound Care and Hyperbaric Center in Duluth are thrilled to have earned three national awards, including Wound Care Center of the Year. This means they were the top one out of more than 600 across the country.
Tania McVean, the center's director, said, "We have an amazing team of nurses and doctors who do great things for wound care patients in this community. We're good at healing folks, and getting them back to regular life."
To view full article, visit: WDIO
St. Luke's breaks ground for campus expansion
Wednesday, April 24, 2019
St. Luke’s celebrated the next phase of its campus expansion with a groundbreaking ceremony Wednesday. Many community representatives attended, including Duluth’s Mayor Emily Larson and Duluth Area Chamber of Commerce President David Ross.
The $37.5 million project includes a new Emergency Department (ED), which will be triple the size of the current space. There will be 37 exam rooms total. They will consist of 27 patient rooms with televisions and USB charging outlets, four state-of-the-art trauma bays, four dedicated behavioral health rooms and two triage rooms. The entire space is designed to decrease wait times, ensure privacy and provide a premier...
LSBE’s Marketing Analytics Program team wins competition
Monday, April 22, 2019
Four students from UMD's LSBE’s Marketing Analytics Program (MAP) won first place for data visualization in the eighth annual Midwest Undergraduate Data Analytics Competition (MUDAC). This is the first time that a Labovitz School of Business and Economics team has secured a first place win at MUDAC.
Tucker Hazzard, Joey Kmiec, Camryn Monzo, and Austin Steinmetz traveled to Minnesota State University Mankato to compete against 58 other Midwest teams where the teams spent 24 hours working on a two-part data analytics problem and were judged on their work. This year’s data was provided by the Minnesota Pollution Control Agency on water...
Minnesota Power offers new way for customers to go renewable
Monday, April 22, 2019
Minnesota Power has introduced a new renewable energy program and exceeded a state energy-savings goal as it continues to help customers meet their sustainability goals and make progress toward a cleaner, lower-carbon future.
With today being Earth Day customers can choose to power their home or business with more renewable energy when they enroll in Minnesota Power’s Renewable Source program, the company said in a news release. They also can learn more about how to save energy through the company’s Conservation Improvement Program, which exceeded the state of Minnesota’s 1.5 percent energy-savings goal in 2018 for the ninth consecutive year.
To read...
U.S. Bank begins year with strong results
Monday, April 22, 2019
U.S. Bancorp reported net income of 1.69 billion on $5.57 billion of revenue during its first quarter of 2019. Diluted earnings per common share were $1.00
The Minneapolis-based bank holding company had a return on average assets of 1.49 percent and a return on average common equity of 14.3 percent. Nonperforming assets decreased 16.5 percent on a year-over-year basis.
To read the entire article, visit Business North.
ALLETE Clean Energy partners with Tecsis to produce wind turbine blades
Tuesday, April 16, 2019
ALLETE Clean Energy has received the 45th set of new wind turbine blades from international blade manufacturer Tecsis for its refurbishment initiative at Storm Lake and Lake Benton wind facilities in Iowa and Minnesota.
The wholly owned division of ALLETE Inc. announced an $80 million project in August 2017 that includes replacing select blades, gearboxes and generators on turbines at the Lake Benton wind site in Lincoln County, Minnesota, and the Storm Lake I and II wind sites in Buena Vista and Cherokee counties, Iowa. The project will improve turbine performance and reliability, generate federal production tax credits at each site and support the renewal of...
LHB receives Governor’s Safety Award
Monday, April 15, 2019
LHB will be recognized for excellence in workplace safety and health during the Governor’s Safety Awards ceremony on May 8. LHB is one of 294 employers to be honored through the awards program, coordinated by the Minnesota Safety Council.
“Our employees and clients are our most important assets as a professional services design firm. Our focus on safety exemplifies our commitment to the well-being of our staff and clients both in the way we operate as a company and the designs we produce. We are proud to be recognized with this award,” said Bill Bennett, LHB’s chief executive officer.
To read the entire...
Wells Fargo earns $5.9 billion in quarterly net income
Monday, April 15, 2019
In its first quarter report, Wells Fargo reported net income of $5.9 billion compared with $5.1 billion in the first quarter of 2018. Revenue was $21.6 billion, down from $21.9 billion a year ago. The bank holding company had a return on assets (ROA) of 1.26 percent and return on equity of 12.71 percent.
To read the entire article, visit Business North
APEX Strengthens Economic Growth Strategies with New Business Developer
Monday, April 08, 2019
The Area Partnership for Economic Expansion (APEX) is pleased to welcome Matthew Shermoen to the APEX team as a Business Developer. Shermoen is passionate about helping our region and its communities reach their fullest potential. Matt will draw from his 15 years of experience in business and economic development to grow the APEX region.
To read the entire article, visit the Duluth News Tribune.
APEX announces 2019 Executive Committee officers, at-large members
Monday, April 01, 2019
The Area Partnership for Economic Expansion (APEX) Board of Directors announced 2019 Executive Committee officers and At-Large members. Election results were shared at the APEX annual meeting and reception at the Kitchi Gammi Club. The group will spearhead projects that drive regional economic growth.
To read the entire article, visit Business North.
Allete closes on sale of water company
Wednesday, March 27, 2019
Allete Inc., the Duluth-based parent company of Minnesota Power, has closed on its $270 million sale of a water subsidiary to Tokyo-based Kurita Water Industries. The sale was first announced in February.
Allete bought U.S. Water Services four years ago and grew the company markedly during that time. Allete says proceeds from the sale will largely go toward clean energy initiatives.
To read the entire article, visit the Duluth News Tribune
PUC again reaffirms Line 3 approval
Tuesday, March 26, 2019
The Minnesota Public Utilities Commission again on Tuesday stood by its decisions to permit Enbridge's contentious Line 3 oil pipeline in northern Minnesota.
In late June, the Public Utilities Commission unanimously voted in favor of granting the project a certificate of need, but requested Enbridge make additional compliance filings, or modifications, to its plan while also requiring the company to pledge $100 million for economic opportunities to tribal members and businesses.
To read the entire article, visit the Duluth News Tribune
APEX Announces 2019 Executive Committee Officers and At-Large Members
Monday, March 25, 2019
The Area Partnership for Economic Expansion (APEX) Board of Directors is pleased to announce the 2019 Executive Committee Officers and At-Large Members. Election results were shared at the APEX annual meeting and reception on January 15, 2019, at the Kitchi Gammi Club. Together, this group of talented, forward-thinking professionals will spearhead projects that drive regional economic growth.
To read the entire article, visit the Duluth News Tribune
Lake View Hospital in Two Harbors expanding
Monday, March 25, 2019
Administrators at Lake View Hospital in Two Harbors have announced an expansion that would connect the hospital and medical clinic into one contiguous campus.
Lake View is a wholly owned subsidiary of St. Luke’s, and even though it is part of the same health care system, Greg Ruberg, president/CEO of Lake View Hospital and vice president of St. Luke’s, explained the campus has a unique identity and some decision-making latitude.
To read the entire article, visit Business North
Private equity firm to acquire majority stake in Maurices
Monday, March 25, 2019
OpCapita, a private equity firm based in the United Kingdom, has signed an agreement to acquire a majority stake in Maurices Inc. Ascena Retail Group will become a minority owner and provide brand support services. In addition to Maurices, Ascena owns a number of brick and mortar stores in the struggling retail clothing segment including Ann Taylor, LOFT, Lou & Grey, Dressbarn, Lane Bryant, Catherines, Cacique and Justice.
Some members of the Maurices management team, who were not identified, will invest along with OpCapita in the transaction, which values Maurices at $300 million. The purchaser expects to pay roughly $200 million in cash, which Ascena said it will use to pay down its...
Pro Print acquires Jiffy Print
Monday, March 25, 2019
Pro Print, which began in Duluth in 1977, has purchased Superior’s Jiffy Print from Marcia Manion, who is retiring. The Superior location’s name has been changed to Pro Print, but the company remains at 1313 Tower Avenue.
“We’re excited to combine forces with a company that’s long been known for excellent customer service, and we thank Marcia Manion for her great help with this transition,” said Pro Print owner Creston Dorothy. “While the location is still the same, inside its doors we have expanded the economical printing, direct-mail and fulfillment options available to the people and businesses of Superior.”
To read the...
Army Corps OKs PolyMet's wetlands permit
Friday, March 22, 2019
The U.S. Army Corps of Engineers (USACE ) has issued the last remaining major permit for PolyMet’s NorthMet project near Hoyt Lakes. The company now holds all necessary permits to construct and operate the NorthMet copper-nickel-precious metals mine and processing plant located near Hoyt Lakes.
Jobs for Minnesotans immediately issued a statement praising the development.
To read the entire article, visit Business North
New leader named for Lake Superior College
Friday, March 22, 2019
An administrator with experience at other Minnesota schools was appointed as the new president at Lake Superior College.
Patricia Rogers’ tenure will begin July 1, according to a news release from Minnesota State Colleges and Universities. She will replace Pat Johns, who has served as president since 2010 and announced his decision to retire.
To read the entire article, visit the Duluth News Tribune
Barr earns national recognition
Thursday, March 21, 2019
Barr Engineering, Inc. of Duluth has earned a National Recognition Award for exemplary engineering achievement in the American Council of Engineering Companies’ (ACEC) 52nd annual Engineering Excellence Awards (EEA) for leading the Highway 210 Reconstruction project in Carlton.
After an intense rainstorm in June 2012 caused extensive damage and slope failures along a section of scenic Highway 210 through Jay Cooke State Park, the Minnesota Department of Transportation considered permanently closing the highway to the public. Six years later, travelers once again enjoy the road’s scenery thanks to the application of innovative geotechnical designs that restored more than 70 slopes along a...
Small Business Development Centers recognized Wednesday
Wednesday, March 20, 2019
Small Business Development Centers (SBDC) in Northeastern Minnesota have been highly successful, their executives said at an afternoon news conference in Duluth.
The centers assisted 821 area businesses – including 44 new ones – and created or saved 1,111 jobs, they said. Those statistics were released during a ceremony at the UMD Center for Economic Development (CED), the organization that leads SBDC efforts in the region.
To read the entire article, visit Business North
Duluth City Council approves St. Luke's project
Monday, February 25, 2019
St. Luke’s hospital may now move ahead with plans to relocate and expand its emergency room, as well as its catheterization lab.
By a 6-2 vote Monday night the Duluth City Council upheld a Planning Commission decision to approve the project, despite objections raised by neighbors concerned about noise from a helipad that would be relocated as part of the $36 million undertaking.
To read the entire article, visit the Duluth News Tribune
Essentia Health St. Mary’s Hospital-Superior designated Level IV Trauma Center
Thursday, February 21, 2019
Essentia Health St. Mary’s Hospital-Superior has been designated as a Level IV trauma center by the Wisconsin Department of Health Services. Level IV facilities provide stabilization and advanced trauma life support before patient transfer to a Level I or II facility.
The designation indicates St. Mary’s is providing the best possible treatment to trauma patients.
To read the entire article, visit Howie Hanson
Cirrus increases production
Wednesday, February 20, 2019
Cirrus Aircraft saw strong growth in 2018, boosting production of its SR22 piston-engine airplanes by 7 percent and delivering nearly triple the number of turbine SF50 Vision Jets it did the previous year.
The 380 piston-engine airplanes Cirrus produced last year marked the highest output the company has achieved since the recession of 2007-2008 hit, causing general aviation aircraft sales to plummet nationwide.
To read the entire article, visit the Duluth News Tribune
PolyMet permitting caps years of hard work
Monday, February 18, 2019
The PolyMet nonferrous mine project near Hoyt Lakes was pretty much on life support in 2012. And its prognosis was bleak after the federal EPA rejected as “inadequate” an initial Environmental Impact Statement in 2009.
“We were down in the mouth at that time,” Al Hodnik said in a recent interview regarding the PolyMet board’s sentiment at the time.
To read the entire article, visit Business North
North Shore Bank Honored for Community Involvement
Sunday, February 03, 2019
DULUTH, MN - The Minnesota Bankers Association (MBA) has recognized 35 Minnesota banks for their community involvement. Banks play a vital role in their communities and to honor and recognize their involvement, the MBA created the Community Champion recognition program.
North Shore Bank is one of thirty-five Community Champions that worked with hundreds of organizations in their communities, providing funding, volunteers, materials, supplies, or food for their neighbors. Recipients of the recognition range in size from small community banks to large banks with multiple branches.
To read the entire article, visit the Duluth News Tribune.
Port's 2018 cargo exceeds prior year
Wednesday, January 30, 2019
The Port of Duluth-Superior finished the 2018 shipping season on a strong note, with cargo totaling 35.9 million short tons. That compares with 35.2 million during 2017.
“Shipments of Minnesota iron ore accounted for the lion’s share of tonnage moved through the Port of Duluth-Superior—21.5 million short tons, to be exact,” said Deb DeLuca, Duluth Seaway Port Authority executive director. “Iron ore cargoes were up nine percent year-over-year, outpacing the five-year average by 30-plus percent.”
To read the entire article, visit Business North.
AAR expands training partnership with LSC
Thursday, January 24, 2019
AAR — a firm that operates a maintenance, repair and overhaul facility for commercial aircraft in Duluth — announced Thursday it will expand its partnership with Lake Superior College, in an effort to bring more skilled workers into its ranks.
Students who earn Federal Aviation Administration aircraft mechanic’s certificates through the school’s Aviation Maintenance Technician Program could be eligible to receive tuition reimbursements as large as $15,000. AAR also will offer students job shadowing and mentorship opportunities.
To read the entire article, visit the Duluth News Tribune.
American Airlines adds Duluth-Chicago service
Wednesday, January 23, 2019
American Airlines is adding daily direct service to and from Chicago’s O’Hare International Airport. Tickets go on sale Jan. 28 for service beginning on May 23/
“We’re thrilled to bring American Airlines to the Duluth International Airport,” Tom Werner, executive director for Duluth International Airport, said in a Wednesday news release. “They have over 90 years of experience in aviation and a reputation for excellent customer service.
To read the entire article, visit Business North
Cirrus Aircraft honored with APEX Summit Award
Friday, January 18, 2019
The Area Partnership for Economic Expansion (APEX) recognized Cirrus Aircraft with the organization’s Summit Award citing it as a global innovator in aviation and an anchor of the region’s aviation cluster. The APEX Summit Award recognizes businesses or individuals who have made a distinctive and profound economic impact.
To read the entire article, visit Business North
maurices sales rise over holidays
Monday, January 14, 2019
Duluth-based retailer maurices saw holiday sales rise 2 percent over the year before, parent company Ascena Retail Group announced Monday. Across all its brands, which also include Dressbarn, Ann Taylor and Loft, Ascena sales were up 3 percent between Nov. 17 and New Year’s Day.
“We are pleased with top-line trends coming out of holiday, and remain focused on building upon this momentum as we head into the spring season,” Ascena CEO David Jaffe said in a news release.
To view full article, visit: Duluth News Tribune
Cirrus Aircraft unveils Generation 2 Vision Jet
Wednesday, January 09, 2019
Cirrus Aircraft announced the launch of its next generation Vision JetTM – called the ‘G2’ – which the Duluth-based company said offers enhanced performance, comfort and safety.
The single-engine personal jet features a higher cruise altitude, speed and range, Cirrus said. It also has a newly-upgraded Perspective Touch flight deck made by Garmin, new executive seats, noise reduction and a passenger productivity console.
To read the entire article, visit Business North
Website update brings improvements for News Tribune audience
Tuesday, June 11, 2019
Based on feedback from user studies conducted by a third-party firm, FCC developers, product managers and user experience professionals identified high-priority features to deliver a variety of new functionality, including a streamlined navigation system.
"We're excited for the launch of our new websites today and what it means for our audience's experience," said Duluth Media Group Publisher Neal Ronquist. "Our audience seeks quality, local content published across multiple different platforms, including print and digital.”
To read the entire article, visit Duluth News Tribune
APEX Annual Meeting Keynote Featured Cleveland Cliffs’ President and CEO
Thursday, March 21, 2019
On January 15, APEX hosted the organization’s Annual Meeting at the Kitchi Gammi Club. The crux of the meeting centered around the important connection between industry and the Duluth economy.
APEX was pleased to welcome Lourenco Goncalves, Chairman, President and CEO of Cleveland-Cliffs, Inc. (Cliffs) as the featured guest speaker. Goncalves shared insights and opportunities for clean steel manufacturing and how Minnesota plays an important role in this effort, both nationally and globally.
Left to Right: Brian Hanson with APEX, Brian Maki with Lakehead Constructors, Inc., Lourenco Goncalves, Chairman, President and CEO of Cleveland-Cliffs, Inc. and Brian Thun with maurices
Cliffs has long...
Minnesota’s Forest Products Industry has Capacity for Mass Timber Manufacturing
Monday, March 18, 2019
Duluth, Minnesota: A recently completed study, The Economic Feasibility of Mass Timber Manufacturing in Minnesota, highlights a strong commercial market, accessibility to supply chain and opportunities for economic impact. The study, commissioned by the Area Partnership for Economic Expansion (APEX) and conducted by the Bureau of Business and Economic Research (BBER) and the Center of Economic Development (CED) at the University of Minnesota, Duluth’s Labovitz School of Business and Economics, suggests that Minnesota has great potential to introduce mass timber manufacturing in the Arrowhead region.
“The forest products industry in our region has always been strong,” said Brian Hanson, APEX President...
Minnesota 'perfect' for mass timber manufacturer
Saturday, March 16, 2019
Minnesota is fertile ground to plant a new kind of timber company, according to a study whose backers hope to lure such a manufacturer to the state.
Mass timber, a type of building material big in Europe and gaining in popularity for commercial projects in the U.S., could bring 50 good-paying jobs, more business and stability for sawmills and access to greener construction supplies for the region, according to the Bureau of Business and Economic Research at the University of Minnesota Duluth, which is releasing its study Monday.
To read the entire article, visit the Duluth News Tribune
APEX Annual Meeting Focuses on the Connection Between Industry and the Economy
Wednesday, January 16, 2019
Duluth, Minnesota: The Area Partnership for Economic Expansion (APEX) hosted their annual Board of Directors and member-investor meeting and reception on January 15, 2019 at the Kitchi Gammi Club. APEX was pleased to welcome Lourenco Goncalves, Chairman, President and CEO of Cleveland-Cliffs, Inc. (Cliffs) as the featured guest speaker. Goncalves shared insights and opportunities for clean steel manufacturing in Minnesota and discussed Cliffs’ leadership role in addressing climate change issues.
Cliffs has long been a global leader in iron ore pellet production, specializing in using ferrous scrap to create high-grade customized pellets that can be fed directly into blast furnaces. This...
APEX Insider Event Celebrates RSM’s 100 Years of Service
Thursday, September 27, 2018
Duluth, MN: Yesterday, RSM celebrated 100 years of serving the region with tax, audit and consulting services at the Area Partnership for Economic Expansion’s (APEX) Insider Event at their newly-renovated RSM office in Downtown Duluth on September 26, 2018.
“RSM’s long history of service has been critical to the success of many regional businesses. The RSM team helps drive investment every day by sharing their deep understanding of the accounting nuances facing mid-market businesses in the region,” explained Brian Hanson, APEX President and CEO. “The APEX Insider Event celebrated RSM’s investment in the the Duluth office, and highlights 100 years of...
Future Forest Stewards Invites High School Juniors and Seniors to North Star Expo
Tuesday, September 11, 2018
Grand Rapids, MN: Future Forest Stewards (FFS) is pleased invite high school juniors and seniors to learn more about careers in Minnesota’s forestry industry at the Minnesota Timber Producers Association’s 65th annual North Star Expo. The expo will be held on September 14-15, 2018, at the Itasca County Fairgrounds in Grand Rapids, Minnesota.
The expo will provide students first-hand opportunities to learn about the importance of the forestry industry in Minnesota and the wide variety of jobs that make Minnesota a strong timber and timber products producer. The industry includes career opportunities in logging, trucking, foresters, millwork, mechanics, research, manufacturing, forest products and...
APEX Hires New Operations Specialist
Tuesday, May 01, 2018
Duluth, MN: The Area Partnership for Economic Expansion (APEX) is pleased to welcome Janet Windus to the team in the newly created position of Operations Specialist. Windus comes to APEX with a wealth of experience in accounting and payroll services, customer service, and administrative functions. She joined the APEX team on April 11, 2018.
“We’re so pleased to have Janet as part of our team,” said Brian Hanson, APEX President and CEO. “Her 18+ years of professional office experience and organizational skills will help streamline our operations. She is already a great addition to APEX.”
As Operations Specialist, Windus is responsible for...
APEX Annual Meeting Focuses on the Connection Between Water and Industry
Sunday, April 15, 2018
Duluth, Minnesota: On January 25, 2018, the Area Partnership for Economic Expansion (APEX) hosted their annual Board of Directors and investor-member meeting and reception at the Kitchi Gammi Club. The meeting featured guest speaker LaMarr Barnes, CEO of U.S. Water Services, Inc. (U.S. Water) speaking about the interconnection of water and industry in our region and the importance of understanding and managing water in a sustainable way.
Barnes shared valuable insight into the changing hydrological cycle, explaining the intricacies of the water/energy nexus throughout industries. Generating electrical power, agriculture, public water and industry are the largest water-using sectors in our economy...
APEX Investor Members Support ISD 709 Construction Technology Program
Friday, December 15, 2017
Duluth, Minnesota: The Area Partnership for Economic Expansion (APEX) and several APEX investor-members are pleased to support ISD 709’s Construction Technology program. The Boldt Company, APi Group, Inc., United Piping, Inc., The Jamar Company and Northland Constructors donated much-needed cold weather work gear and safety equipment to the Construction Technology program.
“When the district reached out to APEX, we were more than happy to get involved,” said Sandy Johnson, Manager, Member Relations and Administration at APEX. “Many APEX investor-members seized the opportunity to support the next generation of trades workers.”
This fall, students in the Construction Technology program have been working in...
APEX Debuts 360-Degree Virtual Reality Tour
Thursday, September 21, 2017
Duluth, MN: The Area Partnership for Economic Expansion (APEX) is pleased to announce the availability of a 360-degree virtual reality (VR) tour that provides prospective business partners and site selection consultants a full-immersion experience of the APEX region from anywhere in the world. The Place VR tour, created by Golden Shovel Agency, highlights existing industry and infrastructure and showcases the region’s high quality of life.
“It’s one thing to see images or video of our region. It’s quite another to be fully immersed in the Place VR tour,” said Brian Hanson, APEX President and CEO. “This innovative approach showcases many elements...
Enbridge Line 3 Replacement Project to Support 8,600 Jobs in Northeast Minnesota: New Economic Impact Study from UMD's BBER
Monday, June 12, 2017
Duluth, MN: The Bureau of Business and Economic Research (BBER) at the University of Minnesota Duluth’s Labovitz School of Business and Economics recently released the results of the Enbridge Line 3 Pipeline Replacement Construction Economic Impact Study (EIS). The Area Partnership for Economic Expansion (APEX) requested this study be conducted to help stakeholders better understand the significant contribution this project will provide. The BBER concluded that the project will create approximately 8,600 jobs and will represent an investment of over $2.0 billion in the 15-county study area in the northern portion of the State of Minnesota.
“APEX supports the Enbridge Line...
APEX Annual Meeting Highlights Economic Optimism for Region
Friday, April 07, 2017
Duluth, MN: On January 26, 2017, the Area Partnership for Economic Expansion (APEX) hosted their annual Board of Directors and investor-member meeting and reception at the Kitchi Gammi Club. Nearly 100 regional, public and private sector leaders were in attendance for the event and to hear guest speaker John R. Elmore, Vice Chair of Community Banking and Branch Delivery at U.S. Bank. Elmore shared his insight into recent economic shifts.
Elmore expressed optimism for economic development in the region of northeastern Minnesota and northwestern Wisconsin. Equity markets and the treasury yield curve are trending upwards. Overall wages have been on the...
