A longtime Minnesota company formally announced plans to add hundreds of jobs at two of its manufacturing facilities in the state.
Andersen Corp. will add more than 300 jobs at its operations in Cottage Grove and North Branch, as part of a $45 million expansion plan.
The Bayport-based company will spend $38 million in Cottage Grove, adding an additional 125,000 square feet of manufacturing and office space and increasing production capacity for its Renewal by Andersen line. The facility currently employs 450 and is expected to add more than 200 new jobs. Last month, the South Washington County Bulletin had the first report that the expansion was coming to the city's business park.
“That one is going to be huge,” Cottage Grove Mayor Myron Bailey told the Pioneer Press.
Andersen's Fibrex extrusion facility in North Branch will receive a $7 million overhaul to increase its production capacity.
Andersen will receive $1.5 million from Minnesota's Job Creation Fund and $500,000 from the Minnesota Investment fund for the expansions.
"This is an exciting time for Andersen," CEO Jay Lund said in a news release. "After navigating a historic housing market recession, our markets are beginning to recover. and more importantly our investments in innovation and diversification are fueling the growth of our company."
In February, the Star Tribune reported that Andersen distributed more than $8 million in its employee profit-sharing program, with some 8,000 eligible employees each receiving $1,080.
Andersen is the largest window and patio door maker in the U.S. Last April, the company announced an $18 million expansion project to purchase new machinery, make improvements and add 100 new jobs to its flagship Bayport manufacturing facility, where it employs more than 2,000 people.
Andersen's 3-million square foot Bayport factory ran below capacity due to the housing slowdown and a reduced demand for doors and windows. During the recession, Andersen imposed several rounds of layoffs of hundreds of employees nationwide.
The 110-year old company now employs some 10,000 people at 15 sites across North America.