May 2007: Cambridge Experiences Manufacturing Momentum

In contrast to stagnant manufacturing growth in many parts of Minnesota, Cambridge is exhibiting healthy manufacturing growth across several industry lines. The growth comes from three sources:

• The recruitment of an Italian parts manufacturer, utilizing 25,000 sq. ft. of available industrial space;

• The expansion of several local businesses creating more than 75,000 sq. ft. of new industrial space; and

• An orchestrated buy-out of an existing business retaining nearly 109,000 sq. ft. of manufacturing space that had been destined for closure.

     

    Cambridge Metal & Plastics Buy-Out Saves Jobs
    When news broke in late February that the parent company of Cambridge Metal & Plastics (St. Louis-based Leggett & Platt, Inc.) planned to close the Cambridge plant within 60 days, the community moved into action to find a buyer for the company and save 100 jobs.(more)

     

    Italian Firm Chooses Cambridge for USA Production
    Northern Italy-based manufacturer MAPE USA (pronounced Mop-eh) moved daily operations from Minneapolis to Cambridge in late March while completing renovations on a 24,590 sq. ft. bindery building it had purchased in Cambridge's Southeast Industrial Park last fall. (more)


     

    U.S. Water Services Expansion Nears Completion
    U. S. Water Services is nearing completion of a 31,000 sq. ft. addition to its warehouse facility in Cambridge’s Southeast Industrial Park – its third addition since 2004. The company specializes in water treatment, including boilers, cooling, and wastewater applications. (more)

         
     

    Adventure Publications Begins Warehouse Addition
    Adventure Publication signed a JOBZ agreement in April for an 11,760 sq. ft. addition to its existing warehouse in Cambridge’s Southeast Industrial Park. The construction project, which more than doubles the size of the original building, is its second since relocating in 2001. Construction will be completed by July 1 to qualify for tax-free JOBZ benefits. (more)


     
    Schlagel Expands Cambridge Equipment Manufacturing Facility
    Schlagel, Inc., a leader in the design and manufacture of grain handling equipment since 1957, is constructing a 16,500 sq. ft. addition to its existing 120,000 sq. ft. Cambridge facility in the North Industrial Park.
         
     

    Two Companies to Build in Cambridge Opportunity Industrial Park
    Larson Properties is constructing the first building in the new Cambridge Opportunity Industrial Park. The 16,000-square-foot building is made from insulated concrete forms and will be available for lease by June 1.

    Meanwhile, Anderson Builders has developed preliminary plans to build a three-building industrial center in the Park. When complete, the multi-phase center will provide more than 250,000 sq. ft. of industrial space on three separate parcels. Each building will offer a bay design and 24-foot ceilings to provide light manufacturers the flexibility they need to adapt to changing space demands. The space is designed to accommodate single or multi-tenant requirements. (more)


         
    		  

     

     

    		  
       
     

    * Cambridge is the closest JOBZ (Job Opportunity Building Zone) to Minneapolis. Tax Free JOBZ development zones provide significant tax breaks to qualified businesses.

    To learn more about hot development opportunities in Minnesota’s Opportunity Community, contact Economic Development Director Tom Willett at 763-552-3209 or twillett@ci.cambridge.mn.us. For information on Cambridge as a commercial or industrial destination, click on www.OpportunityCommunity.com.

    City of Cambridge - 300 Third Avenue NE - Cambridge, MN  55008

    © 2007 City of Cambridge

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