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DEED grants go to Triple J Farms of Buffalo Lake, Renville-Redwood Solid Waste

September 14, 2012
The Journal

ST. PAUL - A Buffalo Lake-based beef processor and the Redwood-Renville Regional Solid Waste Board were among nine economic development projects that will receive financial grants from the Minnesota Department of Employment and Economic Development (DEED).

Triple J Farms, a kosher and halal beef processor in Buffalo Lake, sought to expand in Buffalo Lake, but it could not because of waste water capacity issues, according to a DEED news release.

The business and Buffalo Lake are teaming with the City of Hector to expand Hector's treatment plant to accommodate Triple J Farms plus those of the two cities.

Total project infrastructure cost is $2.5 million. The DEED award is $1.1 million. Triple J Farms is expected to invest about $10 million in the project that will create 120 full-time equivalent jobs, retain 80 jobs. four construction jobs and leverage at least $1.25 million in private funds.

Redwood and Renville counties received a $1.89 million for a $4.5 million project for infrastructure and to build a joint recovery facility to improve recyclable collection, processing and marketing. The project will create about 20 construction jobs, eight full-time equivalent public sector jobs and retain 16 jobs.

The City of Hutchinson and Ashwill Industries will receive $763,750 to build a regional entrepreneurship business incubator with Ashwill Industries, which specializes in prototyping, water jet cutting and custom fabrication, as the anchor tenant.

Ashwill will more than double in size, adding employees and branching into development of agricultural test equipment and products made of food-grade stainless steel.

The $2.18 million project will create 35 construction jobs, 15 permanent jobs and expand local tax base by about $1.56 million.

Among other grants was $25 million for a $54 million project to build a new stadium for the Saints in St. Paul. Other awards included ?$8.5 million for a new 15-story office tower in Duluth, $2 million for the Southwest Light Rail Transit Project and $4.2 million for a $10 million Wadena public health and wellness facility to replace facilities destroyed in the June 2010 tornado.

 
 

 

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