Pace Industries planning $6.3 Million Maple Lake expansion, 20 new jobs
ST. PAUL – Arkansas-based Pace Industries announced plans today for a $6.3 million expansion of its manufacturing facility in Maple Lake.
The company, which specializes in die casting, manufacturing and engineering solutions worldwide, said it will add 60,000 square feet at the operation and make adjustments to an existing structure. The expansion will result in 20 new jobs. (Check for Pace Industries jobs here.)
The Minnesota Department of Employment and Economic Development (DEED) is supporting the project with a $167,969 grant from the Job Creation Fund. The company will receive the funding once it has met its hiring and investment commitments.
Pace has 10 divisions, 15 manufacturing facilities and more than 3,200 associates across the U.S. and Mexico.
Photo courtesy of Pace Industries