It's a point Holmer has been trying to drive home to legislators in his multiple trips to the Capitol this session. A $4 million forgivable loan to Digi-Key also is in the bill through the Minnesota Investment Fund.ĭigi-Key has touted the expansion as a major economic boost for Minnesota, expecting it would pump an additional $500 million in state economic output. Thief River Falls also would see $1.6 million to fund infrastructure improvements, such as roads and utility extensions. If approved, Digi-Key would qualify for a sales tax exemption on purchases made for the facility's construction. That would spark more negotiations between him and legislative leadership that would need to produce passable bills by May 22, when the Legislature adjourns. The $300 million investment would add 1,000 jobs over a 10-year period to the company's workforce of 3,450, but Digi-Key has said it needs significant incentives to make the project work.ĭayton vetoed five other omnibus bills Friday, May 12, and is expected to do the same with five others, including the one with the Digi-Key incentives, when he returns to his office Monday, May 15. In the bills Dayton threatened to veto are incentives for Thief River Falls-based Digi-Key, which hopes to build a 1-million-square-foot expansion to its facility there. "It's a priority of the leadership in the Senate and it's a priority for the governor." "It's a priority of the leadership in my caucus," said Rep. It's destined for failure the first time around."ĭespite the looming confrontation and a visit to Digi-Key from North Dakota's governor, who asked for a private meeting to discuss the company's business strategy, local and state leaders appear confident Digi-Key will get its incentives somehow. the governor is saying he is going to veto right away. "It's just too bad it wound up in an omnibus bill that. "We have 100 percent support throughout the House, Senate and even in the Governor's Office," Thief River Falls Mayor Brian Holmer said of the incentives. Mark Dayton threatens to veto the spending bill containing them. THIEF RIVER FALLS, Minn.-Incentives that Digi-Key Electronics says it needs to bring 1,000 jobs to Thief River Falls appear to have wide support, but nothing is certain as Gov.
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