My Favorites
Add Page
Print
Share
You have 0 items saved in "My Favorites"
Use "My Favorites" to collect pages, downloads, properties, companies, and reports that you would like to keep in one place. To store a page, click on the "Add to My Favorites" button at the top of the page. To store a download, click on the plus button next to the download link. To store a property or company, click on the "Add to My Favorites" button listed next to each listing. Reports that are generated are automatically saved to My Favorites. My Favorites will be saved for seven days.

 

Four Years Later, Location Decision Still Right

MFG Credits Tax Climate, Workforce with Success

When Molded Fiber Glass Cos. first located in Aberdeen in 2007, the project was huge, involving 400 employees, 52 acres and a 320,000 square-foot facility. Those numbers are significant for a community of 25,000.

Today, MFG South Dakota is producing 40-meter wind blades and has a $21 million economic impact on the region. General Manager, Dave Giovannini says the location decision was a good one.

“If we take a look back at the years that we have been in South Dakota and whether or not it was a good decision to locate here, the answer is ‘yes.’ We have seen a tremendous amount of support – a great workforce, good work climate, tax programs and training programs are available,” Giovannini said.

So just what brought MFG to South Dakota in the first place?

“The simple answer is wind,” Giovannini said. “We have been able to establish a good facility here that puts us in close proximity to where we deliver our product, which is another advantage for our customer.”

Giovannini said the longer answer involves South Dakota’s tax climate – both for the company and its employees – as well as the work ethic found in the area. “It is interesting when we talk to potential new employees, especially if they are from out of state, and when we tell them there is no state income tax - it draws a lot of interest very quickly. The folks that we have been able to bring on-board are hard-working folks. They want to do a good job and they tend to be quick studies, which have helped us with the operation.”

Giovannini also noted that support from the state is widely available in South Dakota. “There is a willingness on the state’s side to support and help new companies grow and succeed. We expect the wind industry market to improve over the next 2-3 years, which will mean more opportunity for us and for South Dakota.”

About MFG: Molded Fiber Glass started in Ashtabula, Ohio, in 1948, and saw significant growth in 1953 when it began producing fiberglass reinforced plastic parts for the Chevrolet Corvette. The company has an international presence in composites manufacturing with 14 facilities throughout the United States and Mexico.

Problems with this page?
Click here to notify us.