Expansion Management - Helping Companies Evaluate Future Locations EMInfo.org





 
News Home   News Archive   Search News  

  Means the article is accessible only to our magazine subscribers.

$310,000 Economic Development Grant to Support Expansion of MG Grain Facility in Minot, North Dakota

MINOT, N.D. (June 27, 2007) — The funds will be used to extend water lines, sewer lines and rail infrastructure to the MG Grain, LLC site.

  [ 6/27/2007 ]  By: NEWS BRIEFS   Print This Article  Reprint/License This Article  E-mail This Article To A Friend  
  [ 0 Talkbacks / Add Talkback ]  Related Link...

The North Dakota Department of Commerce, in conjunction with the Souris Basin Planning Council, has provided a $310,000 grant to Ward County to extend water lines, sewer lines and rail infrastructure to the MG Grain, LLC site. The business will create 20 new jobs and is anticipated to be operational by the fall.

MG Grain, LLC is an agricultural processing facility that will be located on 40 acres in the Minot Value-Added Agricultural Park and is anticipated to produce 600 tons of agricultural commodities for transport per day.

Funds for the project came from the Community Development Block Grant program managed by the North Dakota Department of Commerce. The program provides financial assistance to eligible cities and counties in North Dakota. The eight regional planning councils receive an allocation from the state to fund projects in their region.

Funds are awarded in the form of grants and loans in three categories: economic development projects, public facilities and housing. Primary beneficiaries of the CDBG funds are low- and moderate-income individuals. To apply, applicants must contact the regional council in their area.

For MORE NEWS BRIEFS, click here.

For a FREE SUBSCRIPTION to Expansion Management magazine, click here.

For MORE NEWS BRIEFS SORTED BY STATE, click here.

For MORE NEWS BRIEFS SORTED BY INDUSTRY or FUNCTION, click here.

For MORE NEWS BRIEFS SORTED BY COUNTRY, click here.

 

No talkbacks have been posted for this article.


 
More News From IW
IndustryWeek Special Reports

The Future of Manufacturing

NAM/IW Manufacturing Index

See the 50 Best U.S. Manufacturers

Search The IW US500

Search The IW1000