ST. PAUL (KDLM/KNSI) – A Minnesota Department of Employment and Economic Development (DEED) grant is helping Lakeshirts hire 78 new employees at their Little Falls screen printing facility.
DEED utilizes two different accounts to help aid businesses in expanding. The Job Creation Fund and the Minnesota Investment Fund have awarded a total of $4.3 million to various corporations recently.
$450,000 from the MIF should turn into an extra 78 jobs for Lakeshirts, LLC. The company, based in Detroit Lakes, has a satellite location in Little Falls where it makes specialty apparel for resorts and colleges.
The business also has locations in California, Colorado, New York, and Pennsylvania.
Latest News
Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs
Shares have retreated in Asia after China reported lackluster economic indicators for November, while bitcoin surged to fresh highs, topping $106,000
4h ago
Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting
2h ago
For the first time in 8 years, a US Navy ship makes a port call in Cambodia, a top Chinese ally
A U.S. Navy warship has arrived in Cambodia, the first such visit in eight years to a nation that is China’s close ally in Southeast Asia
2h ago
As schools cut back on bus service, parents are turning to rideshare apps
Reliance on school buses has been waning for years as districts struggle to find drivers and more students attend schools far outside their neighborhoods
4h ago
FOLLOW US FOR INSTANT UPDATES!
FOLLOW US FOR INSTANT UPDATES!