#10 BEST PLACES TO START A BUSINESS IN MINNESOTA
-Consumer Finance NerdWallet
CITY OF EXCELLENCE AWARD
-The League of Minnesota Cities
#6 FASTEST GROWING MICROPOLITAN IN THE NATION
-Site Selection Magazine
BEST PLACE FOR BUSINESS
The Alexandria area is a regional center sustaining a vibrant, growing economy that is attractive to entrepreneurs and small businesses.
Starting A Business?
Cultivating and supporting an entrepreneurial spirit is what the Alexandria area is about. Many of the area businesses and companies were started right here. We know how to help hard working people with great innovation and ideas.
Want to Stay & Expand?
Our area is home to many diverse industries from Manufacturing, Healthcare, Service, Tourism, and Retail to name a few. The companies here have found that our area offers a balance not only for their business but for their lives and families. So, with all the Alexandria area has to offer it’s no wonder once you come here you don’t want to leave.
Centrally Located
Located in the heart of West Central Minnesota the area is supported by two State Highways running both north/south & east/west. This system works in combination with I-94 to provide a first class transportation network throughout the region. The Alexandria Municipal Airport helps local business by allowing corporate jets to fly in for meetings and events.
Average Commute
The average commute time for workers in the area is 18 minutes – lower than the Minnesota average of 23 minutes. All the big-city amenities without the big-city traffic and congestion!
Site Selection
Located in the heart of Minnesota’s Lakes Area and at the intersection of key Upper Midwest transportation infrastructure routes, the Alexandria area is a great location for businesses to grow and succeed. Cultivating and supporting an entrepreneurial spirit is what the Alexandria area is about.
Pull Factor
Based upon 2013 retail sales data by the Minnesota Department of Revenue, the City of Alexandria has a pull factor of 3.04. This number indicates that retail sales within the City of Alexandria area nearly 277% higher than the per capital average rate as the state of Minnesota. Alexandria has one of the highest pull factors in the state, and ranks in the top 3 in any category.
Drawing Workforce
Local businesses draw approximately 18,132 from throughout the region to work within the Alexandria area. The area residents make up 67.8% of the workforce, while the remaining workers come from surrounding counties making us a net importer of labor – bringing in more workers than it sends out.
HOME TO 4 OF THE WORLD’S LEADING AUTOMATED PACKAGING MANUFACTURERS!
Check Out More...Marking the region as one of the leaders in technology development and innovation for this industry.
