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The GIF recently approved PACE loans for the following expansion projects
SpaceAge Synthetics Inc. is purchasing their existing building worth $2.5 million. SpaceAge Synthetics makes a product called Thermo-lite board. According to the company, the product is lightweight, structurally stable, and resistant to rot, contamination, acid and insects. The product is used to make flooring for boats, buses, trailers, ambulances and limos. Their customers include Malibu Boats, Fleetwood RV, and Bennington Marine.
Neal's Industrial Painting, Inc. (NIP) is completing a $1.2 million improvement project that includes the purchase of and improvements to their main facility, construction of an on-sight blast facility and numerous other equipment upgrades. These improvements will allow NIP to expand its service offerings and provide value-added services such as assembly, packaging and shipping logistics. NIP provides powder and liquid paint applications and sandblasting to customers in Eastern North Dakota and West Central Minnesota including, Bobcat, Crary, Gateway Building Systems, Phoenix International, Amity Technologies, FlexTM (formerly Robanks) Wil-Rich and numerous other local and regional customers.
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Business attraction activity picks up first quarter
The GFMEDC was engaged in 7 new business prospects first quarter 2011. The GFMEDC provides customized information to help sell the region to new business prospects, hosts site visits and coordinates meetings with key contacts.
The GFMEDC assisted with the following projects. The companies anounced locations in the Fargo Moorhead MSA first quarter. DISTek Integration - an engineering firm focused on embedded software Consumer Health Technologies (CHT), a healthcare software company that creates one platform to converge healthcare and financial services Preventice Inc., software company focused on mobile health applications |
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Recruiting Talent
Maintaining one of the lowest unemployment rates in the country, Fargo Moorhead is gaining much attention nationwide. Our quality of life and low cost of living are two of the many things that make this an attractive place to live and work. The increased attention comes at a good time as the GFMEDC gears up to do several marketing campaigns. Read more
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Million-dollar grant awarded to research start-up company founded by NDSU Professor
The National Institutes of Health recently awarded a two-year federal grant worth $1.08 million to Dr. Brian Slator, an NDSU Computer Science professor who founded WoWiWe (Wow-ee) Instruction Company. The company develops internet-based educational software. The multi-user web-based environment allows students to study complex biology through a virtual world where they can act like scientists and perform experiments using the scientific method. The products will target parents and high school students who want to better prepare for college-level science courses.
The company plans to move into the NDSU Research & Technology Park and will work to create seven educational software modules.
Source: North Dakota State University |
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Renewable Materials Summit:
Emerging Markets in the Upper Midwest
April 27, 2011
8:30 a.m. - 4:00 p.m.
Courtyard by Marriot
1080 28th Avenue South
Moorhead, MN 56560
The summit will highlight and explore the developing and established markets for renewable materials, while exploring the issues yet to be confronted.
Topics:
- State of the Industry' in Renewable Materials
- Innovation in Plastics Supply Chain
- End Product Markets:
- Retail and Consumer Products
- Health Care Markets
- Agricultural Equipment
- Building Components
- Automotive Parts
- Capital Needs for Emerging Renewable Materials Industries
- Regional Assets and Opportunities
Register
View Agenda
Or go to www.lifescienceally.org and click on programs and events |
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In the News...
USA Today article looks at the recently released Census numbers highlighting Fargo's record population.
Wall Street Journal article highlights North Dakota's low unemployement rate and subsequent difficulty filling jobs.
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