MANKATO – The farmers of south-central Minnesota know their land is some of the most productive in the world — a thick band of topsoil pushing up crops that in turn feed hog farms, ethanol plants and soybean-crushing facilities, all serviced by a booming local economy of feed mills, tractor dealerships and seed companies.
The whole enterprise draws little attention beyond farm country, but a local business group hopes to change that on Monday with a bit of marketing magic. At a two-hour "celebration event" in Mankato, it will reveal the region's new name, which is being kept secret until then, and a website for the area designed to raise its public profile.
"We've kind of referred to it as being the Silicon Valley for agriculture," said Steve Kibble, a partner in a chain of John Deere tractor dealerships and one of the people who helped choose the new name.
The slogan will identify southern Minnesota and northern Iowa as the center for ag business in the nation, a claim that's been bolstered by a string of good economic news that has local business groups crowing about their success.
Last year, the Mankato area was home to the highest job growth rate (1.3 percent) in Greater Minnesota, according to state data. New construction has torn up Mankato streets, with one downtown block alone seeing three recent building projects valued at $40 million. A $75 million Wal-Mart distribution center for perishable food opened last summer, hiring hundreds. And the greater Mankato region's gross domestic product of $4.1 billion has grown 5 percent over the past four years.
The new name will refer to a much larger region that encompasses not only Mankato, but all of southern Minnesota and northern Iowa, an area where the 28 leading ag counties reported $11.8 billion in crops and livestock sales in 2012, the most recent year for which data are available from the U.S. Department of Agriculture.
Some of the latest investments in the region include several at $100 million apiece: Al-Corn Clean Fuel's expansion in Claremont; Faribault Foods' expansion in Faribault, and Kraft Foods' expansion in New Ulm — all in southern Minnesota. The area is already home to two of the world's largest soybean-processing plants. And Minnesota is the second-largest hog-producing state in the nation, behind Iowa.
For people like Kibble, branding the whole region as some kind of uber-farm just makes sense. The name would promote local companies and also draw fresh investment and talent as it clarifies in the public's mind that the area is one of the nation's food centers.