Iron Range board rebates $9 million in tax money to taconite plants


Taconite companies are getting $9 million in tax payments returned to them to help pay for upgrades at plants on the Iron Range. The Duluth News Tribune reports the rebates will be put toward half a dozen improvement projects that are in the works.

The number of taconite jobs on the Range will shrink in January, when Cliffs Natural Resources implements 125 job cuts at its plants in Babbitt and Silver Bay. Sagging prices for iron ore pellets were a factor in those cutbacks. But industry analysts told both MPR and the Mesabi Daily News last month they doubt the cutbacks will become a trend on the Range.

The taconite tax paid by the plants funds a host of economic development projects through the Iron Range Resources and Rehabilitation Board, which has been around for 70 years. The board's commissioner, Tony Sertich, told a group in Ely last month that the IRRRB has leveraged $400 million worth of investments in the last two years.

On Thursday the Board also approved a plan aimed at attracting more movie production to the Range by rebating some of costs incurred by film crews.

Next Up

Kyle Rudolph

Rudolph sends farewell to Vikings fans in Players Tribune piece

"Every season I played here, every game I played here — you all believed."

Megan Ryan

Star Tribune's Megan Ryan named new Twins beat reporter

Ryan replaces LaVelle E. Neal who is now in a columnist role.

minnetonka MME

Minnetonka in spotlight after teacher threatened for discussing Black trans woman

Parents and community members are calling on the district to do better and will hold a march prior to the school board meeting on Thursday.

Richard Pitino

Talk grows that this season will be Pitino's last at Gophers

A report says Pitino's tenure could be "down to his final games."

Screen Shot 2021-03-02 at 1.40.17 PM

Two gas trucks collide in Stearns County, neither explodes

The unlikely collision happened Monday afternoon.

unnamed (1)

MSP Airport expecting spring break to be busiest period since pandemic began

Passenger numbers will still be about a third lower than a year ago, though.

Target store

After bumper earnings, Target will accelerate new store openings

The retailer has revealed its plans for the next few years, which includes an investment in Minneapolis.

starbucks wayzata

100% plant-based restaurant coming to Wayzata this spring

The restaurant has plans to add additional locations in Minnesota this summer and franchise nationwide.

Patric Richardson

'Laundry Evangelist' from St. Paul gets his own Discovery+ show

Patric Richardson has built a career around the appreciation and care of clothing.


Production is up at Minnesota's taconite plants

Output at the half-dozen taconite plants in the state is up more than ten percent compared to a year ago. And the forecast for next year suggests production could be the highest in more than a decade.