About Us

Hutchinson is Minnesota’s manufacturing city!

 

Why? Because a huge percentage of our local workforce is employed in manufacturing – a higher percentage in fact than virtually any other city in Minnesota.

Precision, high-tech manufacturing is our heritage, it’s what we do today, and it’s our future.

Great family-owned companies such as Goebel Fixture Company, Hutchinson Manufacturing, Stearnswood and Ag Systems, Inc. started it all. Home-grown companies such as Hutchinson Technology, Inc. Nordic Components, 3D CNC and RD Machine helped carry on the tradition. Today, we’re home to the largest 3M production facility in the world and new companies such as Warrior Manufacturing and NuCrane Manufacturing are putting Hutchinson at the very forefront of precision high-tech manufacturing.

Responsible for the city’s economic development is the Hutchinson Economic Development Authority.

The mission of the Hutchinson EDA is to promote job creation, redevelopment, and business development and the goal of the Hutchinson EDA is to be the premiere economic development agency in the State of Minnesota!

To accomplish its mission and goal the Hutchinson EDA is engaged in a number of activities:

Business Retention & Expansion – It is our belief that Hutchinson’s best source of economic growth & development is our existing companies. Consequently, we visit our local companies on a regular basis to build & maintain strong relationships with them. During these visits our main goal is to identify ways that we can help our local companies be successful and grow. Great customer service is our hallmark.

Downtown Development – A strong downtown is the key to a strong community. A lot of our efforts therefore are geared towards maintaining and strengthening Main Street Hutchinson. The “Downtown Revitalization Master Plan,” along with our downtown loan & grant programs, provide strong catalysts for private development. Projects like the State Theater, Jorgenson Hotel, the Downtown Streetscape, the Liquor Hutch expansion, Cornerstone Commons and the Depot Marketplace all play a role in keeping our downtown thriving!

Industrial Park Development – To promote the continued economic growth of the city, the Hutchinson EDA works to ensure that we have industrial park & building space readily available. Our goal is to have, on-hand, exactly what companies are looking for so that we can provide solutions today.

Business Recruitment – The Hutchinson EDA researches and actively recruits companies to expand Hutchinson. In addition, we provide technical and financial assistance for new companies just getting started.

Financial Assistance – Financing is what gets deals done. In recognition of this, the Hutchinson EDA operates two grant programs and two revolving loan funds – each having more than $1.2 million in assets – to provide “gap” financing for qualified business projects. In addition, we can pull together a multitude of other financial resources to help make projects happen.

Technical Assistance – The Hutchinson EDA is the first point of contact for all local, regional, State & Federal business resources and information. We assist with everything from helping entrepreneurs formulate & refine their initial business plans to project financing, location assistance, labor resources, demographics and so forth. If there is a way we can help, we’ll do it!