CEO Guide to Site Selection



Like many state economies, Minnesota’s growth started to slow in the last half of 2022. Nevertheless, it continues to attract new investments. Graco and U.S. Steel announced big investments, and cybersecurity firm NetSPI raised more than $400 million in growth funding for global expansion. State exports rose in in the second quarter of 2022 to the highest level on record, and saw a 12% growth over the second quarter of 2021. Top exports included manufacturing, agriculture and mining goods, with top markets including Canada, China and Mexico. The state strives to maintain this momentum with assistance and programs through the Minnesota Trade Office. The Center for Digital Government also ranked the state third nationwide in workforce planning and gave it an “A” in the Digital States Survey, one of only six states to receive the grade.

“Minnesotans across the state are seeing more job opportunities than ever before…. We are growing jobs and expanding our economy at a record-breaking pace. As Minnesotans continue to see global uncertainty and rising costs, these numbers demonstrate that Minnesota’s economy has a strong foundation.”
Tim Walz


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top corporate income tax

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on the Tax Foundation’s State Business Tax Climate Index ranking


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of adults 25 years of age and older graduated high school

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of adults age 25 and older have a bachelor’s degree or higher


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increase between 2010 and 2020


Minnesota Investment Fund: Offers up to $1 million to help add new workers and retain high quality jobs, with a focus on industrial, manufacturing and technology-related industries.

Minnesota Job Creation Fund: Provides up to $1 million in financial incentives to new and expanding businesses that meet certain job creation and capital investment requirements.

Job Training Incentive Program: Offers grants of up to $200,000 to new or expanding businesses with the purpose of training workers quickly and efficiently.

Launch Minnesota: A series of grants and initiatives designed to accelerate the growth of high-technology startups and foster a statewide network of education, resources and support for innovators.


Minnesota Department of Employment and Economic Development

Minneapolis St. Paul Regional Economic Development Partnership

Rochester Area Economic Development, Inc.

Duluth Economic Development Authority


Launch Minnesota offers innovation grant awards to some of the most promising, innovative and scalable technology businesses in the state. The grants help reduce the risk for Minnesota technology startups and entrepreneurs who are solving problems and growing the state’s innovation ecosystem.


  • U.S. Steel announced in June 2022 a $150 million up- grade at its Keetac mine, representing one of the largest developments in the state’s ore mining industry in the past four decades.
  • Heliene USA is currently completing a $21 million expansion at the solar facility in Mountain Iron, making it the country’s second-largest solar panel producer.
  • Graco broke ground in September 2022 on a 500,000-square-foot global distribution center in Dayton.
  • Cambrex announced in October 2022 a $16.5 million in- vestment at 40 new jobs at a R&D center in Minneapolis.
  • Local Minneapolis cybersecurity firm NetSPI raised $410 million in October 2022 to expand globally.


16 Fortune 500 companies are headquartered in the state, including:

  • UnitedHealth Group 
  • Target
  • Best Buy 
  • 3M
  • CHS
  • U.S. Bancorp 
  • General Mills
  • C.H. Robinson 
  • EcoLab
  • Land O’Lakes

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)


Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.