fbpx

Latest Posts

Home

Facebook

Twitter

Search
About

Dayton Considers Iron Range Solar Plant A Highlight of His Economic Development Legacy: What Do You Think?

Minnesota Gov. Mark Dayton says the Heliene solar panel manufacturing plant opening on the Iron Range is one of the highlights of his economic development record. What do you think?

The plant received $3.5 million in loans from the state to expand and purchase state-of-the-art equipment. But this begs the question, should the state of Minnesota be subsidizing an industry that is painfully dependent upon the 30 percent federal Investment Tax Credit for survival? I sure don’t.

The company, will reportedly invest more than $18 million to get a 25,000 square foot factory up and running after another manufacturer abandoned it last year. The plant will create around 130 full time jobs when running at full speed.

Although $18 million and 130 jobs may sound impressive, these figures are incredibly small potatoes compared to the economic impact of the proposed Twin Metals mine. Remember this, while Dayton was subsidizing a solar plant, he was also actively opposing the proposed Twin Metals mine.

In fact, Dayton supported the Obama administration withdrawing 234,000 acres of land that included the scope of the project. He also issued an executive order to deny access and leases to the company, prompting Iron Rangers to sue his office. Dayton also denounced the Trump administration’s decision to restore the mineral exploration leases that were cancelled in the lame-duck period of Obama’s presidency.

Time will tell if Heliene is more Solyndra or sustainable. My money would be on the latter.

Comments

Subscribe

Categories

Upcoming Events

  • Morning in Minnesota: Red Wing

    Location: St. James Hotel 406 Main StreetRed Wing, MN 55066

    Please join Center of the American Experiment on Tuesday, December 17th at the St. James Hotel for a free breakfast with Center policy fellow and education expert, Catrin Wigfall as she explains the Center’s “Great Jobs Without a Four-Year Degree” project.

    Register Now
  • NEW DATE: Nov. 25th Twin Cities Reception with Andrew C. McCarthy

    Location: Metropolitan Ballroom & Clubroom5418 Wayzata Boulevard, Golden Valley, MN, 55416

    Please join Center of the American Experiment and National Review Institute for a reception with Andrew C. McCarthy, a former top federal prosecutor, a senior fellow at National Review Institute, a contributing editor at National Review, a Fox News contributor, and a well-known commentator on legal, national security, and political affairs. His new book, Ball of Collusion, is a story about what happens when those we trust to be the guardians of our system anoint themselves the masters of our system. For our own good, of course. As for collusion, that word we’ve heard so incessantly from pundits and leaky…

    Register Now
  • NEW DATE: Nov. 25th Rochester Lunch Forum with Andrew C. McCarthy

    Location: Hilton Rochester Mayo Clinic Area10 East Center Street, Rochester, MN, 55904

    Please join Center of the American Experiment and National Review Institute for lunch with Andrew C. McCarthy, a former top federal prosecutor, a senior fellow at National Review Institute, a contributing editor at National Review, a Fox News contributor, and a well-known commentator on legal, national security, and political affairs. His new book, Ball of Collusion, is a story about what happens when those we trust to be the guardians of our system anoint themselves the masters of our system. For our own good, of course. As for collusion, that word we’ve heard so incessantly from pundits and leaky government…

    Register Now