ALBERT LEA, MN-Hormel Foods Corp. and Quality Pork Processors Inc. are building a 50,000-sf hog processing plant on 11 acres in the Northaire Industrial Park. The new plant, which will cost more than $5 million, will be owned by Hormel and leased by Quality Pork Processors.

The new processing plant, an expanded boning and packaging operation, will create an estimated 200 new jobs, according to the companies.

Minnesota Gov. Tim Pawlenty says the plant will be built in Albert Lea’s new Job Opportunity Building Zone. Pawlenty says his Job Opportunity Building Zone legislation, which passed the Minnesota Legislature last year, creates special tax-free zones in areas outside the Twin Cities metropolitan area as an incentive for job creators to grow in some of the state’s “most economically challenged areas.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.