A Minnesota business expands in its home turf — North Minneapolis.
[T]he 25-year-old direct-mail and promotion-fulfillment company will receive no development subsidies from the city. It is expanding to consolidate its business in a stable neighborhood that is close to freeways for its customers and which boasts good workers.
Anderson, whose brother is CEO, said they could have saved money by moving the company to their hometown of Cambridge, Minn., and qualified for tax abatements and incentives under Gov. Tim Pawlenty's "JOBZ" rural-economic development program.
"We've made a commitment to north Minneapolis and we have neighborhood people who walk to work," Anderson said. "We decided that if we could make something work, we'd stay. We think our plan will work."
Like we said... subsidies aren't necessary when other attributes businesses need to thrive are present in a community.
Business sometimes gets painted as being only about profits and making decisions based on narrow tax considerations. That doesn't describe most of the business people I know. The owners of Impact Mailing made a good business decision, but it wasn't only about them.
— Charlie Quimby