North Mankato company gets state funding for distribution center
May 10, 2023 8:38AM CDT
A North Mankato company is one of eight Minnesota businesses that will receive funding from the state.
Gordini USA Inc will receive $800,000 from the Job Creation Fund (JCF) and $210,000 from the Minnesota Investment Fund (MIF) to construct a 120,000-square-foot distribution center. The project will cost $12.9 million total. About 60 jobs are expected to be created within the first five years with an average wage of $19.82 per hour.
Gordini makes gloves under its own brand and for other labels, as well as a base layer, underwear, socks, and other cold-weather accessories.
The funding is part of $5.4 million awarded by the Minnesota Department of Employment and Economic Development for business expansion statewide.