F000475-1

Brad Finstad (R-MN01)

Tax Staffer: Ryan Altman, ryan.altman@mail.house.gov.

District Highlights (Through 2023)

  • 16 projects
  • 201,690,775 in NMTC allocation
  • 549,605,086 total project financing
  • 943 FTE jobs created or retained
  • 1,367 construction jobs created
  • 10 manufacturing businesses

16

projects

$201,690,775

NMTC Allocation

$549,605,086

in total project financing

943

FTE jobs

1,367

construction jobs

10

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

KAMP Automation (2023)

Owatonna, MN

The project consisted of the refinance and acquisition of land, which KAB Properties purchased from the City of Owatonna in February 2023, and finance building construction costs for an approximately

Climate by Design International, Inc. (2022)

Owatonna, MN
The acquisition of land and new construction of a 200,000 sq. ft. manufacturing and warehouse facility

Vortex Cold Storage (2021)

Albert Lea, MN
Development of a state-of-the-art temperature-controlled warehousing to support Agribusiness and Food Distribution business supply chains in the Southern Minnesota and Northern Iowa regions.

Birds Eye Peas (2021)

Waseca, MN
Financing for a rural manufacturing/production facility that processes and packages pea for national distribution.

Viracon Glass (2016)

Owatonna, MN
When it comes to architectural design, glass is big, and it’s only getting bigger.

Boys & Girls Club and Head Start Program (2012)

Rochester, MN
Financing for the Child Youth Services Center with boys and girls club and headstart

AGCO (2011)

Jackson, MN
AGCO is a leading global manufacturer of agricultural equipment, offering a full line of tractors, combines, hay tools, sprayers, and forage and tillage equipment, which are distributed in more than

Watonwan Farm Service (2011)

Delavan, MN
The construction of a new high-speed working grain shuttle house and rail terminal facility.

Projects Nearby the District

La Crosse, WI (2006)

Watermark Redevelopment

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Lacrosse, WI (2005)

Main St Ingredients

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Projects Nearby the District

La Crosse, WI (2006)

Watermark Redevelopment

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Lacrosse, WI (2005)

Main St Ingredients

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