Geringhoff, a 132-year-old Germany-based company that makes corn harvesting equipment and other farm tools, plans to invest more than $20 million to launch operations in central Minnesota, the St. Cloud Times reports.
The Star Tribune notes the manufacturer toured 40 prospective factories throughout the U.S. before picking a former door and lumber plant in St. Cloud's Airport Industrial Park.
The Minnesota Department of Employment and Economic Development is offering Geringhoff a $500,000 forgivable loan to get started, KARE 11 reports.
Click here, to learn more about Geringhoff.