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Cost Savings
Minot is an extremely cost-efficient and cost-effective business location; reducing the costs of doing business 60% to 25% (industry specific). The community and the local government are pro-business as well, offering needed resources, business counseling, and innovative financing opportunities.
Location of Choice
Minot's centralized location in North America and its high quality transportation make it an excellent site for both businesses and manufacturers.
That coupled with a growing sales tax base, a strong labor force, and a solid foundation of business and industry assistance, makes Minot a dynamic and attractive place to do business.
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Fast Facts
- North Dakota ranked 2nd in the Nation with the lowest costs of doing business - 23% lower than the national average (Milken Institute, 2005)
- North Dakota ranked 13th best state in the nation for doing business(Forbes, 2006)
- North Dakota productivity ranked highest in the nation (Eleventh Annual Grant Thorton Manufacturing Climate Survey)
- The State of North Dakota has "... created one of the most competitive business climates not only in America, but in the world." (Govenor John Hoeven)
- Underemployment: 28%
- Minot's utility rates are well below the national average
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Additional Related Information
Documents
Minot Technology & Professional Park
File Size: 3835.29 kb
Minot Value-Added Agricultural Complex
File Size: 3624.76 kb
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