abc
QUICK LINKS:

Survey Finds Minn. Manufacturers More Certain of Future

Updated: 05/26/2014 3:18 PM
Created: 05/26/2014 3:17 PM WDIO.com

BRAINERD, Minn. (AP) - A new business survey finds Minnesota manufacturers are generally more confident about their financial future, but not so certain about the state's business climate.

The research project by Enterprise Minnesota shows that while manufacturing executives are bullish about the road ahead, they are concerned about finding qualified workers in order to remain competitive and sustain their growth.

Ninety-seven percent of 400 executives surveyed expect to maintain or expand their workforce in the coming year.

The Brainerd Dispatch says 51 percent of manufacturers view Minnesota's business climate as unfavorable, the highest total since 2010.

Taxes, regulations and "policy uncertainties" are viewed as negatively affecting their company's growth. Rising health care and insurance costs are seen as the next largest threat to their company's growth.

Enterprise Minnesota is consulting organization working with manufacturing companies.

Information from: The Daily Dispatch, http://www.brainerddispatch.com

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

AP Photo/J. Scott Applewhite, File

Front Page

  • Dayton Signs Tax Break Bill

    Dayton's administration estimates that 200,000 people could benefit from new deductions or credits that they can now claim on both state and federal income tax forms. That includes teachers, families with a child in college and homeowners paying mortgage insurance.

  • Spectators Witness Athlete Triumph at Cable IPC Championships

    Competition got underway Saturday morning in Cable, Wisconsin for the International Paralympic Committee World Championships starting with the standing and visually impaired biathlon...

  • Nolan Applauds Tariffs Against International Solar Panels

    The U.S. International Trade Commission (ITC) decided to sign off on tariffs against solar panels from China and Taiwan. The big debate stemmed from the cheap, subsidized products that injured U.S. solar manufactures including silicon energy in Mountain Iron. 

  • Duluth Celebrates Winter Milestones with Spirit Mountain Rail Jam

    A weekend of winter fun celebrated several milestones in Duluth. This year marks a combined 100 years of snow sports in Duluth with Spirit Mountain just passing its 40th birthday and the Ski Hut celebrating 60 years of service. 

  • Michigan Officials: New Cases of White-Nose Syndrome in Bats Found

    State officials say they've received the first reports this winter of Michigan bats dying from white-nose syndrome. Dead bats have been found outside an abandoned copper mine near Mohawk in the Upper Peninsula's Keweenaw County.

 
Advertisement