MINNEAPOLIS , Minn. - Polaris Industries Sept. 28 broke ground on an expansion for its Product Development Center near Wyoming, Minn.
The center, a 126,000 sq. ft. R&D facility, opened in 2005. The expansion will more than double its size, adding 144,000 square feet to the existing building. The new space will provide large work bays for off-road vehicles, flexible conference and display space, a new electrical lab, and a new EMI room, in addition to operational and personnel space, the company said.
The building is slated for completion next summer. The construction effort will be led by Ryan Companies U.S., the same firm that led construction on the original building in 2005.
“Opening the Wyoming facility seven years ago reinforced Polaris’ dedication to leading through innovation,” said Scott Wine, Polaris CEO. “Continuously improving our technology, and incorporating those advances into our vehicles, is the cornerstone of our success, and expanding our Product Development Center paves the way for its future contributions.”
Wine, along with other Polaris executives and political and civic leaders, took center stage at the groundbreaking ceremony (see image, above), driving shovels into the ground in a ceremonial start to the construction project. The event also was attended by Polaris employees, state politicians and business leaders, including Sen. Amy Klobuchar, Rep. Chip Cravaack and Commissioner Mark Phillips of the Minnesota Department of Employment and Economic Development (DEED).
“We are thankful for our continued partnership with Polaris, and excited that they chose to expand operations here in Minnesota,” Phillips said. “This investment is an important boost to the local economy and will help maintain Polaris’ place as an industry leader and innovator.”
Greater MSP, the region’s economic development partnership, coordinated the involvement of Polaris, Chisago County, the City of Wyoming, and DEED to compile a package of financial incentives to help Polaris expand, the OEM stated. A combination of job training support, infrastructure improvements, R&D credits, JOBZ financing and other incentives were included.
Press release posted by Mary Slepicka