MCGREGOR, MINN. (Dec. 28, 3 p.m. ET) — A large-machine thermoforming operation is due to start operating in February. Floe International Inc. is building a 400,000-square-foot facility in McGregor that will house what consultants said is the largest rotary thermoformer in the world, a 10-foot-by-25-foot behemoth that has been sitting idle for several years.
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