Minnesota company picks northern Indiana site for estimated $350M iron ore pellet plant

  • Article by: Associated Press
  • Updated: November 27, 2012 - 12:09 PM
  • 19
  • Comments

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Reily DefanbauchNov. 27, 1212:24 PM

How can it not be cost effective to build in MN? What a missed opportunity.

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acctsah2Nov. 27, 1212:33 PM

Too much red tape to cut, to many hoops sitting there waiting to be jumped through, too many pockets to line, not enough pats on the back to go around, To long of a line of bureaucrats waiting to get their hands in, and so on. Think about this, a Minnesota company producing a product in Minnesota is willing to build a plant in another state and ship the product all the way there to process it. Is there something wrong with that picture?

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editor29Nov. 27, 1212:33 PM

It appears that Magnetation -- as Ricky would say to Lucy -- has some 'splainin' to do.

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lawyerguyNov. 27, 1212:35 PM

...and why is a Minnesota company expanding outside the state? New business climate or other reason? Might be helpful to know.

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BVMannNov. 27, 1212:46 PM

acctsah2, ever been to northern Indiana? (think: Gary, IN) Didn't think so.

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thehoffersNov. 27, 1212:49 PM

Oh no. Mark Dayton and the DFL only make this a business friendly state. Who would want to haul the raw materials hundreds of miles to process, instead of just doing it at the source?

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chuckdancerNov. 27, 1212:51 PM

I guess that law streamlining stuff is first on the chopping block when the session opens.

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acctsah2Nov. 27, 1212:57 PM

"acctsah2, ever been to northern Indiana? (think: Gary, IN) Didn't think so." --- I have been, what about it?

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dirtydogsNov. 27, 12 1:17 PM

So we change the law to get their business, and they backstab us. Figures.

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bluedevil101Nov. 27, 12 1:20 PM

Magnetation has no explaining to do-they are a business and must makes business decisions based on the big picture for the company. If you're a business unfriendly state, tough. Many in Minnesota seems surprised when things like this happen. I say, we get what we voted for.

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