More than 350 New Jobs Expected

Congressman Collin Peterson -- Minnesota's Seventh Congressional District
Press Release
FOR IMMEDIATE RELEASE
May 25, 2006
CONTACT: 
Allison Myhre/218-731-1657

Bemidji Industrial Park Gets EDA Grant for Expansion
More than 350 New Jobs Expected 

(Detroit Lakes, Minn) – Congressman Collin Peterson announced that the City of Bemidji and the Bemidji Development Corporation will receive $1.2 million from the U.S. Department of Commerce Economic Development Administration to expand the city’s Industrial Park. The Industrial Park expansion will encompass roughly 68 acres, and will create 38 new industrial-use lots. The improvements will serve an adjacent 51.49-acre parcel as well.

“Bemidji’s economy is growing, and this industrial park expansion shows a community that is thinking ahead and preparing for the future,” Peterson said. “With the cooperation of the city and the Bemidji Development Corporation, and the hard work of the Headwaters Regional Development Commission, this important project will move forward.”

The funds will be used to install water, sewer, street, curb, lighting, and storm sewer improvements in the most recent expansion of the Industrial Park, south of Carr Lake Road. The improvements will run along 30th street between Cram and Herrington Avenues, along the entire length of Herrington Avenue, and along Corrigan Avenue between Cram and Herrington Avenue – directly adjacent to the existing Industrial Park. 

The grant application was written by the HRDC with assistance from City Staff. The announcement from EDA indicated that they anticipate 370 jobs to be created with this expansion.

Along with the EDA grant, infrastructure expansion will be paid for using $498, 295 in grant funds from the Minnesota Department of Employment and Economic Developments, $292,711 in city utility funds, and $777,505 from the Bemidji Development Corporation.

Based upon the history of the existing Industrial Park, it is estimated that over 300 new jobs will be created by this Industrial Park Expansion. Furthermore, it is anticipated that private sector investment will total more than $60,000,000 as a result of this expansion.

Originally developed in 1974, the existing Industrial Park has undergone three expansions and presently contains more than 175 acres. A 2007 study of the existing Industrial Park revealed that the Park currently houses 42 businesses who employ more than 1,250 people. The gross annual payroll exceeds $28,000,000.

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