f000470_200-2

Michelle Fischbach (R-MN07)

Tax Staffer: Sean Murphy, sean.murphy3@mail.house.gov.

District Highlights (Through 2023)

  • 63 projects
  • 424,949,900 in NMTC allocation
  • 627,563,444 total project financing
  • 1,504 FTE jobs created or retained
  • 1,851 construction jobs created
  • 24 manufacturing businesses

63

projects

$424,949,900

NMTC Allocation

$627,563,444

in total project financing

1,504

FTE jobs

1,851

construction jobs

24

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Bongards, Perham (MN) (2024)

Perham, MN
New Markets Tax Credit financing for equipment toward the expansion of a cheese and whey processing facility in Perham, Minnesota.

Becker County Museum (2021)

Detroit Lakes, MN
Construction of a new $6.4 million, 30,000 sq. ft. Becker County Museum building.

Mercury Mosaics and Tile (2020)

Wadena, MN
The NMTC loan proceeds will be utilized to complete tenant improvements at an existing 19,200 sq. ft. warehouse building in Wadena, MN, purchase equipment, and provide working capital.

Aura Fabricators (2018)

Fergus Falls, MN
Provision of a $1,865,000 loan for a metal fabrication company in Fergus Falls, MN.

Boys and Girls Club of Detroit Lakes (2018)

Detroit Lakes, MN
A new facility for a Boys and Girls Club.

Amino Plus Production (2013)

Dawson, MN
Extensive upgrades and improvements to AGP's existing soy processing plant in Dawson, MN, a 1,500-person community in southwest Minnesota

Tuffy’s Pet Foods (2008)

Perham, MN
A new facility for Tuffy's Pet Foods.

Otter Tail Ag Enterprises (2007)

Fergus Falls, MN
A group of farmers, ag-related professionals and investors have developed a $127 million ethanol plant near Fergus Falls.

TLC Companies (2007)

Detroit Lakes, MN
NMTC financing supported TLC Companies the nation's largest transportation-specific Professional Employer Organization.

Projects Nearby the District

Fargo, ND (2011)

Family Healthcare Center

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Fargo, ND (2017)

International Market Plaza

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Fargo, ND (2022)

Tecton Products LLC

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Fargo, ND (2022)

NuTek Natural Ingredients

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Fargo, ND (2022)

DakotaMB

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Fargo, ND (2014)

North Dakota State University Technology Buildings

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St. Cloud, MN (2008)

Capital One 360 Café

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Mahnomen, MN (2007)

Mahnomen Baked Chips

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Mahnomen, MN (2023)

New Spirit

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Wahpeton, ND (2014)

Wahpeton School District

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Projects Nearby the District

Fargo, ND (2011)

Family Healthcare Center

View Details

Fargo, ND (2017)

International Market Plaza

View Details

Fargo, ND (2022)

Tecton Products LLC

View Details

Fargo, ND (2022)

NuTek Natural Ingredients

View Details

Fargo, ND (2022)

DakotaMB

View Details

Fargo, ND (2014)

North Dakota State University Technology Buildings

View Details

St. Cloud, MN (2008)

Capital One 360 Café

View Details

Mahnomen, MN (2007)

Mahnomen Baked Chips

View Details

Mahnomen, MN (2023)

New Spirit

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Wahpeton, ND (2014)

Wahpeton School District

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