Governor Walz announced this week that the Minnesota Department of Employment and Economic Development will provide over $13 million to help 15 businesses across Minnesota expand. The funding will leverage nearly $766 million in outside investment and create 652 jobs over five years.?
?Minnesota is proud to be a top state for business and to live and work,??said Governor Walz.??I am grateful to the workers, entrepreneurs, and businesses that call Minnesota home and contribute to our economy. We are committed to supporting our businesses and investing in the future of Minnesota?s workforce, whether through business expansion, grants for entrepreneurs, or child care.?
Governor Walz and Lieutenant Governor Flanagan announced this week that WalletHub ranked Minnesota the best state in the nation for health care.?
?With our world-renowned health care institutions, Minnesota is leading the nation in providing high-quality care,? said Governor Walz. ?This year, we took further action to lower price of prescription drugs and help families access affordable health care ? and we?ll keep fighting to get our children and families the health care they need and deserve.?
?This ranking highlights what we already know: Minnesota is a national leader in health care and quality of life for children and families,? said Lieutenant Governor Flanagan. ?Whether it?s lowering the price of prescription drugs or expanding comprehensive health care coverage, we?ll continue working to ensure every single Minnesotan has access to affordable, quality care that meets their needs.?
This ranking comes as Minnesota was recently named a top-five state for business and a top-five state to live and work.?
Governor Walz and?Lieutenant Governor Flanagan attended Farmfest in Redwood County to meet with Minnesota farmers and farm associations.?
?It was great to be back at Farmfest to hear from farmers and learn about how Minnesota is moving the future of agriculture forward,? said Governor Walz.??Minnesota?s farmers feed not just Minnesotans, but the world. Whether it?s investing in aspiring farmers or expanding high-speed broadband, we?re working to ensure we can continue growing and innovating our state?s nation-leading agriculture industry.?
 ?At Farmfest, I was excited to highlight our work to improve the lives of farmers across our state,??said Lieutenant Governor Flanagan.??In Minnesota, we?re protecting producers, expanding broadband, and supporting emerging farmers, including women, people of color, immigrants, and refugees. We?ll keep working to ensure our agriculture industry ? and the families behind it ? remain strong.?
Governor Walz also announced this week that Minnesota has earned the highest bond rating achievable. This month, Fitch, Moody?s, and Standard & Poor?s have all affirmed the state?s AAA rating.
?This is the second year in a row Minnesota received top bond ratings from all three major rating agencies, confirming our strong economy and financial position,? said Governor Walz. ?Our diverse economy, skilled workforce, balanced budgeting, and thoughtful financial management keep Minnesota?s bond ratings among the highest of any state in the nation.?
In recent days, two major manufacturers have announced expansion plans in Minnesota, bringing hundreds of new jobs to the state. Solar panel maker Heliene plans to open a $145 million plant in the Twin Cities ? its second in Minnesota. Medical device maker Boston Scientific plans to open a new $170 million campus in Maple Grove.
?Keeping Minnesota competitive in the global economy means working with the business community, and manufacturers like Heliene and Boston Scientific, to create jobs and expand our capacity for innovation,? said Governor Walz. ?We?ll continue recruiting and retaining workers, empowering employers to grow their businesses, and creating the jobs of the future right here at home.?
Heliene recently completed a $21 million expansion at their solar facility in Mountain Iron, making it the nation's second-largest solar panel producer.?
 
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