New Business Park - Chatfield, Minn.
The City of Chatfield, Minn., recently sold the first lot in its newly constructed business park to a local developer that will begin construction of a multi-unit commercial building this fall. Ten lots remain available in the park. Construction of the business park was made possible in part by a $300,000 zero-percent loan from MiEnergy Cooperative to assist with public infrastructure installation. Learn more about this project.
Upper Iowa Beef - Lime Springs, Iowa
Upper Iowa Beef, LLC, a locally sourced, state-of-the-art beef processing facility is approaching its second year of successful operation and has positioned itself for expansion. The company is planning a $7 million, 27,000 square feet expansion, increasing processing capacity and enabling it to grow its customer base. The project is being assisted by High Quality Jobs tax benefits through the Iowa Economic Development Authority and loan funding from MiEnergy Cooperative. Learn more about this project.