Polar Corp. is a bright spot in area economy

Courtesy St. Cloud Times

Published May 12, 2011

Few companies can say they added 700 employees in a matter of months.
But Polar Corp. can.

Polar Corp., a Central Minnesota-based company that makes and repairs tank trailers to haul goods such as oil and orange juice, has added 620 employees companywide in the past nine months. It will add another 70 to 80 in the next 30 to 60 days, President and CEO Ted Fick said. The jobs require highly skilled workers and pay an average of $20 an hour, he said.

To reduce lead time, a second shift was added to its Opole factory, and third shifts have been added at the Holdingford and Springfield, Mo., plants. A year ago it had an order backlog of two or three months, he said. Now it’s sold out for the year…Download PDF

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