Business Environment

The City of Wabasha is committed to attracting and retaining businesses in the community. We understand that every business has a beginning and we are willing to work with entrepreneurs and other new and expanding businesses in meeting goals and achieving their growth opportunities. The Wabasha Port Authority and Development Agency provides a variety of financing assistance options including Tax Increment Financing (T.I.F.) and the JOBZ program for qualified businesses.

The Wabasha area’s high quality of life is sustained by a Vibrant local economy. Small businesses continue to provide the basic needs of residents with a focus on customer service. Also present is a diversity of commerce including local service and consumer providers, manufactures, health care, government, and a growing hospitality and tourism industry.

Major Employers NAICS Products/Services Number of Employees
St. Elizabeth Hospital 6221 General Medical & Surgical Hospitals 320
Uni-Patch 3345 Medical, Navig., Meas., Electromedical & Control Instrum. Mfg. 240
Wabasha County 9211 Executive, Legislative, & Other general. Govt. Support 150
Wabasha-Kellogg Public Schools 6111 Elementary & Secondary Schools 105
Thomas Industries 3329 Fabricated Metal Product Manufacturing 60
Great River Homes 6214 Outpatient Care Centers 58
Wabasha Clinic 6211 Offices of Physicians 55
Valley Publications 5111 Newspaper, Periodical, Book, & Directory Publishers 30
Wabasha Holding Company 5221 Depository Credit Intermediation 23
Boelter Industries Inc. 3222 Converted Paper Product Manufacturing 20
Wabasha Sand, Gravel & Ready Mix 3273 Cement & Concrete Product Manufacturing 13
Loon Lake Decoy 3399 Wildlife Sculptures and Home Décor 11

Wabasha employers contribute more than 1,800 payroll jobs and $48.6 million in wages to the economy. The largest concentrations of private sector employment are in health care and social assistance, manufacturing, and retail trade. Known for its thriving tourism activity, the area boasts a number of food service, accommodation and arts and entertainment establishments. It is also home to a significant number of firms that support the business sector, from transportation and construction, to financial institutions and professional service providers such as accountants. Local manufacturers supply products both to consumers and to other manufacturers and businesses. Wabasha firms are well connected to other regional markets such as Lake City, Red Wing, Winona and Rochester.

Throughout the year, the Wabasha Chamber/CVB sponsors a number of workshops, seminars, community activities and networking events designed to enhance the local economy and foster community spirit. Recently, the chamber has been designated as a Tourist Information Center by the State of Minnesota. This gives Wabasha National visibility and access to National advertising. Providing for a balance of growth, economic stability, and preservation of the core values of the community is the goal of economic development for Wabasha. (City of Wabasha 2005 Comprehensive Plan).