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 expansion of NuTek’s manufacturing facility
Finances the construction and equipping of a new 150,000 sq. ft. facility expansion on the site of its existing facility.
NMTC financing supported the construction of the Minnewaukan Public School
Finances the construction of a 40,000 sq. ft. expansion to DakotaMB