Canadian National Railroad acquired the Duluth, Missabe and Iron Railway (DM&IR) as part of its recent acquisition in May 2004, of the rail and marine holdings of Great Lakes Transportation LLC (GLT). The Duluth, Missabe and Iron Range Railway (DMIR) is the largest iron ore handling railroad in North America.

With 212 miles of track, the primary mission of the Missabe is to move ore from Minnesota's taconite plants located on Minnesota's taconite plants located on Minnesota's Mesabi Iron Range to DM&IR dock facilities at either Duluth or Two Harbors, or to connecting railroads at Superior, Wisconsin. From the Missabe, ore is transported either by lake vessel or unit train to steel mills in the West, East, South or Mdwest. Other commodities carried by the Missabe include limestone, clay, coal, and wood products.

Granite Gear was founded in 1986. The company provides innovative products for the outdoor enthusiast. For those enjoing the BWCA, the Superior Hiking Trail, or climbing Mt. Everest, Granite Gear builds the products that ensure a great trip. Granite Gear employs 20 people and will continue to grow as a quality supplier in the Outdoor Marketplace.

NorthShore Mining was the first taconite mining processing facility in North America when it opened as Reserve Mining in 1955. Cleveland Cliffs Inc. acquired Northshore Mining in 1994. Northshore currently produces approximately 4.9 million tons of taconite and employs over 500 employees between the mine in Babbitt and the milling operations in Silver Bay.

Krech Ojard & Associates provides full engineering and architectural services including civil, structural, mechanical and marine engineering as well as an affiliation with North Shore Track Services. This combination of professionals creates a coprehensive and streamlined ability to perform services for any public or private entity.

Lousiana-Pacific produces 150 million square feet of house siding and trim each year. This plant opened in Two Harbors in 1985 and employs 140 people. In addition, the facility hires 100 contract loggers to bring aspen logs from within a 200-mile radius of Two Harbors. The site was the first LP facility dedicated to producing engineered wood siding which is shipped to distributors and retailers around the world.

Minde Log Construction Inc. was established in 1983. The company builds premium quality custom log homes, does commercial projects and will add log accents on any type of building.

Northshore Manufacturing, Inc. manufactures custom fabrication of handlers and attachments (grapples) for the waste garbage, material recovery facilities (MRF), transfer station, scrap recycling and material handling industry.

Stanley/LaBounty In 1992, the Stanley Works purchased LaBounty Manufacturing Inc, the global market leader for mounted, non-impact attachments serving general contractors, scrap metal recyclers, demolition experts and heavy construction. Today, the design and innovation of attachments with high quality, durability and lasting performance. LaBounty, located in Two Harbors Industrial Park, is a business unit of The Hydraulic Tools Product group of the Stanley Works.

Two Harbors Machine Shop Inc., established in 1968, employs 87 employees and is a modern, full service fabricating and machining facility. Two Harbors Machine has a 48,000 sq ft machining and fabricating site in Two Harbors Industrial Park and a 14,000 sq ft shop in downtown Two Harbors. In 1977, Two Harbors Machine began manufacturing Serco Log Loaders and currently produces several models with lift capaities ranging from 2,000 to 32,000 pounds.

The North Shore Business Enterprise Center provides businesses light industrial space to locate and grow. The 20,000 square foot facility has up to 17,000 square feet of leaseable space at competitive rates. As on site manager, ample parking, fully sprinklered building, handicapped accessibility, with modern offices and 3,000 square feet of common area that include conference rooms, lunch rooms and washroom facilities allows businesses the production space needed plus room to grow.

Two Harbors provides a central contact source to assist business developers and entrepeneurs in matters of building space and land availability, zoning, funding sources, utility needs and loan packaging. The Two Harbors Development Commission manages a local revolving loan fund, 60 acres of industrial land including 15 acres of "Tax Free" zones.