nVent Selected as 2023 Minnesota Large Manufacturer of the Year

The Minneapolis/St. Paul Business Journal named nVent as its 2023 Large Manufacturer of the Year.

nVent was chosen as the honoree in its category based on its contributions to the regional economy and the Minnesota area.

The award includes financial performance, job creation, business strategy, growth, sustainability, innovation, and community involvement in its selection criteria. nVent’s strategy for growth focuses on high-growth verticals where trends are driving opportunity faster than GDP. This includes areas like data and telecom solutions, energy storage, power utilities and renewable energy, industrial solutions, commercial building solutions, and e-mobility. nVent supports these industries with innovative new products—last year it launched 59 new products and had a 20% product vitality. Additionally, more than 75 percent of its new product funnel will have a positive ESG impact.

nVent will be featured, along with the rest of the 2023 Minnesota Manufacturing Award honorees, in the July 14 Minnesota Manufacturing Awards special section of the Minneapolis/St. Paul Business Journal. To read more and see the full list of honorees in all categories, visit: https://www.bizjournals.com/twincities/news/2023/05/08/2023-minnesota-manufacturing-awards.html?b=1683543219%5E22244717