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Digi-Key planning a 1 million sq. ft. expansion

Expansion would include new fulfillment, value-added manufacturing and warehouse center with an investment value of between $200 and $300 million


Digi-Key Electronics, Thief River Falls MN, global distributor of electronic components, has announced that it is reviewing several potential options for a one-million square-foot fulfillment, value-added manufacturing and warehouse center with an investment value of between $200 and $300 million. While multiple options are under review, Thief River Falls would be its preferred location, contingent on both local approvals and legislative changes required.

“Digi-Key’s ongoing growth in both domestic and international sales is driving the need for increased capacity,” says Dave Doherty, Digi-Key’s president and COO. “Digi-Key’s potential expansion would add more than 1,000 new jobs over the next 10 years to its existing base of 3,200 employees in Minnesota.”

Expansion would contribute an additional $500M in state economic output

Digi-Key’s current operations generate approximately $1.5 billion in economic output and add over $940 million to the state’s gross state product. This new expansion would contribute an additional $500 million in state economic output.

“Given our large size, every major expansion becomes more complex and requires that we review a variety of possibilities,” adds Rick Trontvet, Digi-Key’s vice-president of administration and human resources. “This review process involves a lot of fact finding, including due diligence with local and state officials to help us make these decisions.”

Digi-Key Electronics, based in Thief River Falls, Minn., is a global, full-service distributor of both prototype/design and production quantities of electronic components, offering more than five million products from over 650 quality name-brand manufacturers.

 


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1 Comment » for Digi-Key planning a 1 million sq. ft. expansion
  1. Eric Hudson says:

    It would be great to see them consider putting such a facility out here in Edmonton, Alberta – The west has suffered long enough that we want anything, you might be able to get it out Cowtown (opps sorry Calgary),
    but there is very little locally sourcable large supplier out here.
    It is nice that we can get it shipped from Toronto, Montreal, etc.
    but it is annoying that you need something now and instead you might be able to get it in a week the way things are now!

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