RMS Co. Expands Coon Rapids Medical Facility

The medical device manufacturer will add 20,000 square feet to its facility with support from state and local incentives.

Updated on Oct. 22, 2026 in Jobs — General

Modern manufacturing facility facade with glass and steel paneling set against a clear sky, representing regional industrial development. — RMS Co. will expand its Coon Rapids medical device manufacturing plant by 20,000 square feet, supported by a new state and city incentive package. AI Illustration. Upload story photo >

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RMS Co. is launching an $11 million expansion of its Coon Rapids medical device manufacturing plant. The project will add 20,000 square feet of space and create at least 75 new jobs within two years.

Why it matters

The investment aims to bolster manufacturing employment in the Twin Cities region while utilizing state programs designed to incentivize local business growth.

The project includes $1.4 million in total state incentives, comprising a $600,000 forgivable loan and $800,000 from the Job Creation Fund. RMS Co. currently maintains a workforce of nearly 1,100 employees in Coon Rapids.

The players

RMS Co.

This medical device manufacturer is a subsidiary of Cretex Cos. Inc. and has operated in Coon Rapids since 1992.

Minnesota Department of Employment and Economic Development

This state agency manages incentive programs, including the Minnesota Investment Fund and the Job Creation Fund, to support local economic expansion.

Coon Rapids City Council

The local governing body responsible for approving municipal grant agreements and economic development projects within the city.

The details

The Minnesota Department of Employment and Economic Development provided the incentive package to facilitate this growth, while the Coon Rapids City Council recently approved a grant agreement. The expansion is expected to receive an additional $100,000 match from the city.

RMS Co. established its operations in Coon Rapids in 1992.
The Minnesota Department of Employment and Economic Development awarded the funding in October 2026.
The Coon Rapids City Council approved the formal grant agreement on October 20, 2026.

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Market Landscape

This project follows the established pattern of state-city partnership funding set by the Minnesota Investment Fund. The expansion positions the company to maintain its competitive foothold in the Twin Cities medical device manufacturing sector.

Local job seekers may see new employment opportunities as the facility prepares to add 75 positions over the next two years. Residents and local businesses may see a broader economic benefit from the city's investment in the manufacturing sector.

The takeaway

Large-scale facility expansions often rely on a combination of state-level grant funds and local matching to finalize project viability. Companies and municipalities frequently utilize these public-private partnerships to stimulate regional job growth and infrastructure development.