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Business of gift cards booming around holidays

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By Tom Webb / St. Paul Pioneer Press

INVER GROVE HEIGHTS, Minn. -- Except for Santa’s workshop, more 2013 holiday gifts may have been manufactured in Inver Grove Heights than anywhere else.

That’s because the St. Paul, Minn., suburb is a powerhouse in gift cards, the plastic rectangles that have grown so popular that, by one estimate, they now account for nearly one-fourth of all U.S. holiday gift spending.

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