DakotaMB

Finances the construction of a 40,000 sq. ft. expansion to DakotaMB

Investment

  • NMTC Amount: $7,100,000
  • Total Project Cost: $11,500,000

IMPACT

  • 26 FTE jobs
  • 30 construction jobs
  • 40,000 sq. ft. of real estate

Investor

Project Description

Finances the expansion of Dakota MB, a family-owned manufacturing company specializing in custom-milled ingredients. The project adds a 40,000 sq. ft. production facility, increases blending capacity, creates warehouse space for products manufactured in the facility, and adds a state-of-the-art commercial toasting line. This expansion will create high-quality jobs.

MAP

Address: 1430 41st St North, Fargo, ND 58102

Census Tract: 38017010107

Other North Dakota Projects

Finances the leasing of real estate, acquisition, and installation of new equipment for Superior Walls
Finances the expansion of NuTek’s manufacturing facility
NMTC financing supported the construction of the Minnewaukan Public School
Expanding Career and Technical Education for low-income high school students and working adults