Mayor Ness Supports Increasing State Investment Fund
Posted at: 02/20/2013 11:45 AM
| Updated at: 02/20/2013 12:23 PM
By: Travis Dill
Mayor Don Ness said Duluth has seen the job creation benefits of the Minnesota Investment Fund and wants state lawmakers to approve more money for the state program.
He and Department of Employment and Economic Development (DEED) Commissioner Katie Clark Sieben pushed to add more money to the program on Wednesday at City Hall.
The fund helps Minnesota compete with other states when attracting new businesses. Ness said this funding can mean the difference between jobs heading here or being lost to other states.
“And they will move to Minnesota, and they will move to the Northland because we have that workforce. But we have to be competitive on the financing side,” Ness said.
Ness said the program helped Duluth draw the aircraft maintenance company AAR and over 100 jobs to the city.
But that success and the limited funds in the program mean Duluth cannot use the program unless more money is invested by the state.
Governor Mark Dayton has proposed a $30 million investment in the state program, but that must be approved by state lawmakers.