Craig Pagel

Iron Mining in Northeastern Minnesota: Economic Affects Today and in the Immediate Future

 

We are pleased to announce that the speaker for our second SME Twin Cities Subsection Luncheon Meeting for the 2009-2010 season will be Craig Pagel, president of the Iron Mining Association of Minnesota.

He will provide an overview of how iron mining in northeastern Minnesota is impacting that economy today, as well as its influence in the immediate future.

Please plan to join us for this lunchtime presentation on Thursday, November 19, 2009.

 

Location 

Date 

Cost 

Registration

Holiday Inn
Minneapolis Metrodome

1500 Washington Avenue S.
Minneapolis, MN 55454

November 19, 2009
11:30am - Registration
12:00-1:00pm - Lunch & Presentation

 

$20 - Members
$25 - Non-Members
$10 - Students
(with student ID)

Please register at
http://www.smetwincities.org
by November 13, 2009

 

 










Speaker Biography: Craig Pagel is the president of the Iron Mining Association of Minnesota, or IMA—the trade association of the iron mining industry. The IMA is made up of the six existing taconite processing mines and approximately 200 vendors from across the state of Minnesota and NW Wisconsin. The companies that operate the mines include ArcelorMittal, Cliffs Natural Resources and US Steel.

Iron mining contributes over $3.1 billion to the economy of Minnesota every year in the form of purchases, wages and benefits, taxes and royalties. Taxes alone are over $100 million. The mines employ 3,600 men and women directly with an additional 12,000 to 14,000 employed by the vendors who provide products and services to the mines. New mines and production lines are estimated to increase these numbers significantly. Several new mining facilities are under construction and will produce value added products. Those mines are owned by Essar Steel Minnesota and Mesabi Nugget. A recent study by the University of Minnesota estimate new construction over the next several years will add an additional $5 billion to the gross regional product.

Craig has been with the IMA since April 2007. Prior to coming to the IMA he worked for Minnesota Power for 31 years—the last 10 years as legislative representative. Other positions held at Minnesota Power include budget analyst and commercial customer service representative. He also sits on several boards which include NE Minnesota Workforce Development Board, Ely Area Development Association, Minerals Coordinating Committee, Natural Resources Research Institute Advisory Board and is active in the Minnesota Chamber of Commerce and several local chambers.

He is a graduate of the University of Minnesota with a BA in English.



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