AGP Executive Report
Last update: 8 hours agoIndustrial Investment: DigiKey plans to invest $100 million over 18 months to expand distribution in Thief River Falls. Pulsar Helium has selected a Two Harbors site for a proposed $90 million processing hub, which could bring 20 to 30 direct jobs and additional work for contractors; a deal with the city is still pending. Higher Education: Minnesota State trustees approved shifting up to $25 million a year for four years to help struggling colleges, mainly using funds from two-year schools. System enrollment edged up by 535 students this fall, but officials are addressing a $31.5 million structural deficit. Tourism: Visitor spending generated about $1.1 billion in economic activity for Rochester in 2025. Commercial Real Estate: The Twin Cities office market showed signs of stabilizing in the third quarter as vacancy fell. Household Costs: Minnesota Power plans to deliver more than $100 million in customer bill credits beginning in January.
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