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BUSINESS AGENDA

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    Global economic slowdown rippling through Iron Range, too

    By Joe Kimball | Published Tue, Dec 2 2008 12:02 pm

    Layoffs expected at mining companies and fewer shipments headed out of the Duluth harbor are signs that the worldwide economic downturn is being felt on Minnesota's Iron Range, reports Minnesota Public Radio's Bob Kelleher.

    Less demand for steel globally means less need for Minnesota iron, and ship owners are ending their season early. All of this comes just when the mine companies were planning expansions.

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    minnpost.com/businessagenda

    Business Agenda reports on what's going on at businesses in Minnesota. Reported and written by MinnPost's Dan Haugen, Business Agenda provides brief, quick-reading items about important companies in Minnesota and the people who work at those firms. Business Agenda features new items every day Monday through Friday. 

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