Lake City has a very active Economic Development Authority with a full-time Director to assist our industrial interests and development. Our manufacturing and industry are thriving, employing over 2500 workers, which supports our strong local economy. Currently, there are opportunities for development and growth available throughout the Lake City area.
There are many incentives for development in Lake City. These could include tax increment financing, industrial revenue bonds, employee and management training, revolving loan funds, challenge grant loan program, Minnesota Investment Fund and SBA financing. Companies such as Heat-N-Glo Fireplace Products, Pepin Heights Orchards, Pepin Manufacturing, Bud Meyer Truck Lines, Inc., Valley Craft, Inc. and others have utilitized not only local resources but regional, state and federal resources and incentives as well. The City and the EDA have been successful in partnering with organizations in packaging programs and gaining public acceptance for many companies.
Lake City has a very stable and diverse economic background with companies offering such products and services as sleeves and pistons, interstate trucking, fireplace products, materials handling/metal fabrication, wildlife arts and gifts, flour mill, wind tunnels, printing, polyurethane, recycling of pallets,and apple orchards. The Lake City area orchards produce 25 percent of the apples grown in Minnesota annually, and is the nations largest producer of the most popular apple grown in Minnesota, the Haralson.
Lake City boasts excellent health care facilities and options for its residents. The Lake City Medical Center - part of Mayo Health Systems - provides clinic, hospital and nursing home care on a single campus which enhances the continuum of care concept. With a newly constructed clinic and new 18-bed hospital under construction, area residents receive the highest quality health care, including Emergency Room and Urgent Care, in a warm, caring environment.
Lake City is home to another nursing home, several dental practices, chiropractors and optometrists to provide life-long care for the entire family.
A relaxed river town with 4500 residents, it is located on the Mississippi River, 65 miles southeast of the Twin Cities. Situated among the beautiful scenic river bluffs, Lake City rests on the western shores of Lake Pepin, the widest spot on the Mississippi River.
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