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Steve Rose

Steve Rose's picture
Minneapolis, MN
Commenter for
6 years 13 weeks

Recent Comments

Posted on 10/23/14 at 07:30 am in response to Is big business sitting out the governor's race?

One of those on your list, Medtronic, is bowing out. Other Fortune 500s who recently exited Minnesota include Cargill and Nash-Finch (SpartanNash). Do you see an emerging trend, huh? Remember when NWA and Delta merged, and the new corporation pretended to consider headquartering here rather than Atlanta? When 3M expands, Austin Texas is where they do it.

When was the last time a company on the Fortune 500 list moved their HQ to Minnesota?

Posted on 10/23/14 at 10:00 am in response to Is big business sitting out the governor's race?

While mid-Mexico is experiencing a boom in automotive manufacturing, we have a vacant automotive manufacturing facility standing on the banks of the Mississippi. It even has it's own hydroelectric power generation plant. As we know, that was sold to a Canadian company.

It seemed that luring another auto manufacturer to the St. Paul plant was not even taken seriously. Well, we can always claim SPAM.

Posted on 10/23/14 at 12:25 pm in response to Is big business sitting out the governor's race?

As part of the Covidien deal to move the address:

"Earlier this year, Medtronic announced that it would be sending out a flurry of pink slips, too. In total, Medtronic will axe 2,000 jobs, hoping to achieve $225 million in savings. In total, 500 of its job cuts would originate in Minnesota, the company’s home."

http://www.qmed.com/news/layoff-...

That comes as no surprise.

If only we had not demolished the plant, we could make us of it now. Is that your point?

The problem is that it is more economically expedient to build a manufacturing plant from the ground up elsewhere than it is manufacture things here in an existing facility.

Posted on 10/23/14 at 01:22 pm in response to Is big business sitting out the governor's race?

A good question for Jason. He is the one touting Fortune 500 companies HQing in Minnesota.

Posted on 10/23/14 at 03:28 pm in response to Is big business sitting out the governor's race?

While Dayton likes to take credit for the state of the state, the state of the union still gets credited to the previous administration.

In Minneapolis, the day before yesterday, the FLOTUS reminded voters of "the mess he'd been handed" when her husband won the White House in 2008.

...

Posted on 10/23/14 at 05:12 pm in response to Is big business sitting out the governor's race?

I brought him up because his wife was in town the day before yesterday laying day the blame beat. It is something that happened this week; she was here talking about pre-2009. The FLOTUS was here campaigning for Mark Dayton; he is is running for Governor of Minnesota. See how it all fits together, all except the back-blaming.

Meanwhile, also here, Dayton campaign ads claim credit for positive economic news.

Bring on the quotes; we'd all like to hear the alleged blaming of...

Posted on 10/23/14 at 05:18 pm in response to Is big business sitting out the governor's race?

Both HQ and business operations are important.

In related news, reported right here on MinnPost earlier this year, S.C. Johnson, a Fortune 500 company and a perennial Fortune 100 top workplace, ceased its Minneapolis operations, moving them to Wisconsin.

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Posted on 10/23/14 at 07:31 pm in response to Is big business sitting out the governor's race?

A couple quotes from the companies:

“SpartanNash chose Western Michigan as its headquarters due to it being centrally located to the merged entities operations, the positive business climate taking hold in Michigan, including a more favorable tax environment, and the quality of life Michigan provides for its associates,” the company said in a statement.

What Cargill said when it said bye-bye:

Dan Dye, Horizon’s president and Ardent’s CEO-to-be, said in a statement that...

Posted on 10/24/14 at 02:02 am in response to Is big business sitting out the governor's race?

It seems that your ideas regarding Mexican labor rates are either greatly outdated or a complete fabrication. If interested, here is what the Bureau of Labor Statistics has to say:

http://www.bls.gov/fls/country/mexico.htm

Due to automation, the labor content in modern automobile manufacturing is declining. However, "Compensation costs for auto workers were among the...