Daikin Applied wants to expand production capabilities with a new manufacturing facility in southern Minnesota.
The HVAC manufacturer has proposed building a factory near Faribault. Whether the project happens depends on public financing assistance from state and local officials, according to Daikin.
“We have some of our best people in Minnesota and Japan partnering on this important project,” says Daikin Applied CEO Mike Schwartz. “We’re also appreciating the cooperation and assistance of the civic leaders in St. Paul and southern Minnesota to help make this happen.”
Will Fort, a vice president and general manager at Daikin, says the HVAC maker carefully examined many sites when picking its new location.
“We have grown our operation within the city of Faribault over 50 years. In 2000, we opened the Owatonna (Minnesota) factory, and completed a major expansion there in 2014 to triple its size,” Fort says. “Our strong growth in recent years is the result of having highly skilled people in the plants, expert product design and marketing teams in our Plymouth (Minnesota) headquarters, and the commitment from Daikin Industries to manufacturing excellence.”
The new factory would add significant new employment opportunities to the community, according to company officials. Daikin Applied currently has about 900 employees in the region.
“We’re fully invested in this community,” says Matt Alexejun, Daikin’s senior director of human resources for manufacturing. “We know that our company only grows when our people grow. So we invest not just in the best training for our employees; we extend that commitment into the community by offering programs and training opportunities at local high schools and colleges.”