The 3M health care spinoff is asking for $13 million in state assistance, including an $11 million forgivable loan and $2 million in rebates and grants through the Minnesota Department of Employment and Economic Development (DEED), according to state documents.
Cities around the world have courted the $8 billion company as it seeks a permanent home outside the 3M campus in Maplewood, where Solventum operations are currently based. An Eagan City Council resolution supporting the state assistance warned Solventum could “move employees to any of the company’s 29 locations outside of Minnesota.”
More than 1,100 jobs will remain in Minnesota if the project goes forward. A majority of those employees will be on site daily, working in R&D labs and a pilot plant.
“We’re thrilled about the prospect of Solventum joining the Eagan business community,” Eagan Mayor Mike Maguire said in a statement. “Their presence would further strengthen our position as a hub for innovation and economic growth.”
Solventum declined to comment.
A 250,000-square-foot building at 1750 Yankee Doodle Road will be outfitted “to accommodate significant machinery and equipment for research and development and pilot plant manufacturing functions,” according to a DEED notice, which added that “no additional local assistance is being proposed.”
The $209 million project cost includes property acquisition, site upgrades and equipment purchases.
