Navy Island Inc.

West Saint Paul,
MN
(2019)

Navy Island Inc.

Business Development, Manufacturing

Navy Island constructed a 92,000 sq. ft manufacturing facility and upgraded its woodworking equipment.

Investment

NMTC Amount: $3,092,784
Total Project Cost: $5,087,207

IMPACT

200 FTE jobs
As a manufacturing company, Navy Island employs lower income workers with generous wages and benefits and develops its employees with new higher value skills. This strengthens the quality of the employee and their families which in turn strengthens the local community. Navy Island also offers full health insurance for each full time employee and a 401K retirement plan with matching contributions.

CDEs

University Financial Corp.

Investor

Sunrise Bank

Project Description

Due to the growth of Navy Island, a 92,000 sq. ft manufacturing facility and several pieces of woodworking equipment were purchased in 2017.

MAP

Address: 1777 Oakdale Avenue, West Saint Paul, MN 55118

Census Tract: 27037060105

Other Minnesota Projects

Open Cities Healthcare

St. Paul,
MN
(2016)

Community, FQHCs, Healthcare

CDE(s): University Financial Corp.

Recognizing the need to expand services along the Rice Street corridor, OCHC purchased a building at 916 Rice and has renovated and opened its second clinic.

The Blaisdell YMCA

Minneapolis,
MN
(2008)

Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): Midwest Minnesota CDC

The Blaisdell YMCA in South Minneapolis, MN offers personal training, group exercise classes, swim lessons, child care and other great fitness and community building programs.

Greater Metropolitan Housing Corporation

Saint Paul,
MN
(2019)

Community, Housing

CDE(s): Habitat for Humanity

10 affordable homes created through the Greater Metropolitan Housing Corporation

Essentia Health Duluth Heritage Center

Duluth,
MN
(2008)

Community, Daycare and Early Childhood, Recreation, Youth and Families

CDE(s): Midwest Minnesota CDC

Financing supported a wellness and fitness center with a mission to provide an environment that inspires and promotes a healthy lifestyle through diverse, quality opportunities, with special emphasis on youth