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Logistics: A Supply Chain Under Strain
25 Jan 2023
News
It’s said that any chain is no stronger than its weakest link with this past year proving that that ages-old bromide has never been truer.
It is critical here to understand that, in reality, there is no such thing as a single supply chain. While the ‘land, sea, air’ elements form an essential core, there are hundreds of thousands of individual chains wound around that central mainstay, each of which is especially crafted to meet the requirements of an infinite number of businesses.
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The Fairmont Economic Development Authority (FEDA) is exploring the potential sale of real property owned by the City located at 426 Winnebago Avenue in Fairmont, Minnesota (Property). The building has over 14,000 square feet of space with offices, warehouse space, loading docks, exterior truck access, concrete parking area and other...
Raising Local Labor Force Participation
Jan 1 2023Businesses across the country, in communities large and small, have been challenged to find workers since well before the pandemic. As of November 2022, there were about four million more job openings than available workers, equal to about 1.7 open positions for every person looking for a job.Â
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FEDA looks at position to focus on workforce
Mar 10 2022FAIRMONT– The Fairmont Economic Development Authority met Wednesday afternoon and considered a federal grant application. At the last meeting, Economic Development Coordinator Linsey Preuss had shared of a grant opportunity through the Federal EDA which would focus on workforce recruitment and retention.
On Wednesday Preuss shared that it would...