Homark Homes is expanding its manufacturing facility in Red Lake Falls, Minnesota. The modular home builder will invest $6 million into the project, which will create 19 jobs. The new positions will have an average wage of $16 per hour and will be filled within the next three years, according to a statement by Minnesota Gov. Mark Dayton's office.
The modular home manufacturer was formed in the 1960s and has since built more than 36,000 homes. The company was purchased by 46 employees in 1991 and remains an employee-owned business. With the expansion, Homark Homes will be able to increase its production to include multifamily modular houses. The company is also developing "man camps" and hotels for using in the energy and mining industries in North Dakota and Canada, according to the governor's office.
The company is receiving a tax incentive to help with the financial costs of the expansion. The Minnesota Department of Employment and Economic Development (DEED) will award Homark $456,000 from the Minnesota Job Creation Fund once the company meets its performance goals, the governor's office said.
Businesses like Homark Homes expanding facilities and creating new positions should partner with manufacturing recruiters to fill open jobs with the most qualified employees.