Digi-Key to benefit from $300 million expansion

Digi-Key Electronics is to create over 1000 new jobs and build a 1,000,000 square-foot expansion to continue to serve its customers globally. The new facility will be located adjacent to its current headquarters in Thief River Falls, USA.

Huge cost and competitive hurdles needed to be overcome compared to other location options, but Dave Doherty, Digi-Key's President and Chief Operating Officer, reports: "The State of Minnesota and local Thief River Falls and Pennington County leaders took decisive action to support our growth."

Local Representative and Assistant House Majority Leader Dan Fabian, along with Representative Deb Kiel and Senators Mark Johnson and David Tomassoni, worked with legislative leaders including House of Representatives Speaker Kurt Daudt; Senate Minority Leader Tom Bakk; House Tax Chair Greg Davids; House Jobs Growth and Energy Affordability and Finance Chair Pat Garofalo; Senate Majority Leader Paul Gazelka; Senate Tax Chair Roger Chamberlain; and Senate Deputy Majority Leader and Jobs Chair Jeremy Miller to pass important legislation to help Digi-Key.

Kevin McKinnon, Deputy Secretary at the Minnesota Department of Employment and Economic Development, on behalf of Governor Mark Dayton, helped craft the initial text. Governor Dayton said: "I am extremely grateful to Digi-Key for its commitment to Minnesota and the Thief River Falls community. I congratulate Digi-Key on its planned expansion, which will create over 1000 new jobs in Thief River Falls. Digi-Key is truly a fantastic success story."

The economic return for the state of Minnesota will be approximately $184 million in new annual state revenue, or almost $2 billion over 10 years generated by Digi-Key's expansion in addition to the 1000+ new jobs that will be created in Thief River Falls. The project will not impact the current tax base.

Brian Holmer, Mayor of Thief River Falls, stated: "Our community worked hard to ensure Digi-Key's project will be located here because as Digi-Key expands its global reach, it creates good jobs in Greater Minnesota."

Rick Trontvet, Digi-Key Vice President of Administration and Human Resources, adds: "We want to extend a huge 'thank you' to state legislators, community leaders and countless others who have helped us achieve this milestone in our expansion project. We are excited for the opportunity to continue serving our community and state by bringing more investment and more jobs to Northwest Minnesota."

Digi-Key

701 Brooks Avenue South
Thief River Falls
MN 56701
UNITED STATES

+1 218 681 6674

sales@digikey.com

www.digikey.com

More news
2 hours ago
WDS reinforces stock availability with production machine upgrade
WDS Components has strengthened its stock availability of standard parts and components by upgrading its on-site production machinery.
9 hours ago
Bostik present details of new 2K cyanoacrylate prototype
Bostik’s Born2Bond R&D team has released details of a new cyanoacrylate-based adhesive prototype at the ‘in-adhesives’ event, proving how products are being developed for a near-future that will see instant adhesives used for long-term critical applications.
3 days ago
Virtual factory and showroom tours provide access to best practices
Mitsubishi Electric is opening up access to its factory automation sites and showrooms through virtual tours with the aim of overcoming the restrictions on in-person visits caused by the pandemic.
4 days ago
Food-safe, tribo-optimised coating increases packaging throughput
A packaging and processing machinery builder has reduced drag, improved rigidity, increased throughput and raised hygiene standards on one machine family by applying an iglidur IC-05 tribo-coating on a mitre bar application.
4 days ago
Unlocking the benefits of micromotors at Design Engineering Expo
Small DC motor supplier EMS will be exhibiting the Faulhaber BXT-SC series and the AM3248 stepper motor at this year’s Design Engineering Expo, taking place at the NEC in Birmingham on June 8 to 9, 2022.
4 days ago
Advanced Engineering partners with SMMT and ADS
At this year’s Advanced Engineering UK, held at the NEC, Birmingham on 2-3 November, automotive and aerospace businesses will have the opportunity to meet with buyers from the sectors’ leading OEMs.
5 days ago
Telford based supplier has a handle on Truckman Tops
One of the UK’s best-known brands in the automotive aftermarket industry is Truckman, and the company’s new Truckman Classic hardtop for the Isuzu D-Max now features Vector T3 locking handles supplied by Industrilas.
5 days ago
Digital appraisal service reveals energy saving opportunities
A new digital service from ABB will enable industrial operators to maximise energy efficiency and boost sustainability by identifying motor-driven equipment in their facilities with the best energy-saving potential.
5 days ago
BCN3D and Henkel announce collaboration on VLM technology
BCN3D Technologies and Henkel Adhesive Technologies have announced a collaboration to develop formulations for the recently released Viscous Lithography Manufacturing (VLM) 3D printing technology.
6 days ago
Whitepaper details how smart sensors enable the Intelligent IoT
Farnell has published a free-to-download whitepaper to support electronic design engineers in their Internet of Things (IoT) journey. The paper, titled ‘Smart Sensors – Enabling the Intelligent IoT’, takes a deep dive into the world of sensor technology and how cutting-edge trends are taking the IoT to the next level.

Login / Sign up