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Niron Magnetics receives $10 million from DEED

Summary by stcloudlive.com
SARTELL — Niron Magnetics was awarded $10 million from the Minnesota Department of Employment and Economic Development (DEED), according to a Monday, Oct. 20, release. The funding comes from DEED's Minnesota Forward Fund, a program to facilitate private investment that supports business attraction and expansion in existing and new industries within the state, according to the release. The fund also offers educational grants up to $5 million to s…
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stcloudlive.comstcloudlive.com

Niron Magnetics receives $10 million from DEED

SARTELL — Niron Magnetics was awarded $10 million from the Minnesota Department of Employment and Economic Development (DEED), according to a Monday, Oct. 20, release. The funding comes from DEED's Minnesota Forward Fund, a program to facilitate private investment that supports business attraction and expansion in existing and new industries within the state, according to the release. The fund also offers educational grants up to $5 million to s…

·Brainerd, United States
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stcloudlive.com broke the news in Brainerd, United States on Monday, October 20, 2025.
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