Pace Industries plans $6.3 expansion in Maple Lake,MN

Pace Industries expands die casting operation in Maple Lake, Minnesota

May 10, 2016 at 6:18PM

Arkansas-based Pace Industries is building a $6.3 million manufacturing addition in Maple Lake, Minnesota.

The die casting company will add 60,000 square feet and renovate its existing plant. The expansion will result in 20 new jobs.

The Minnesota Department of Employment and Economic Development (DEED) is supporting the project with a $167,969 grant from the Job Creation Fund. The company will receive the funding after it meets spending and hiring goals.

Pace acquired Product Technologies in Maple Lake in 2000 and renamed the business its Product Tech Division. The division casts molten metal into parts and products for the medical device, automotive, recreation vehicle, power and hand tool, and telecommunications industries.

Pace also operates a facility in Arden Hills, Minn.

about the writer

about the writer

Dee DePass

Reporter

Dee DePass is an award-winning business reporter covering Minnesota small businesses for the Minnesota Star Tribune. She previously covered commercial real estate, manufacturing, the economy, workplace issues and banking.

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