Voyager Industries

Pine River,
MN
(2020)

Voyager Industries

Business Development, Manufacturing, Rural

The NMTC financing for construction and other project costs associated with a 23,040 SF manufacturing facility, 7,800 SF warehouse and improvements/upgrades to an existing 4,000 SF building located in Pine River, MN.

Investment

NMTC Amount: $1,500,410
Total Project Cost: $1,612,022

IMPACT

51 FTE jobs
60 construction jobs
23,040 sq. ft. of real estate

CDEs

Midwest Minnesota CDC

Investor

Unknown

Project Description

The NMTC loan proceeds will be utilized to finance construction and other project costs associated with a 23,040 sq. ft. manufacturing facility, 7,800 sq. ft. warehouse and improvements/upgrades to an existing 4,000 sq. ft. building located in Pine River, MN. The facility will be used to complete interior finishing work on Yetti fish houses, horse trailers and other custom interior work for clients.

MAP

Address: 708 Front Street, Pine River, MN 56474

Census Tract: 27021960600

Other Minnesota Projects

Northern Star Council

Saint Paul,
MN
(2017)

Recreation, Youth and Families

CDE(s): Chase, University Financial Corp.

Owned and operated by Northern Star Council, Basecamp's mission is to serve all youth through field trips, lock-ins, retreats, summer camps, private parties, and community group activities.

Plaza Verde

Minneapolis,
MN
(2004)

Incubator, Mixed-use, Retail

CDE(s): Local Initiatives Support Corporation

The rehabilitation and renovation of the former Antiques Minnesota building in the Midtown Phillips neighborhood of south Minneapolis to create high-quality retail, office/incubator, and non-profit arts space.

Catholic Charities’ St. Paul Opportunity Center

Saint Paul,
MN
(2017)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, Dental Services, FQHCs, Healthcare, Shelters and Community Food, Youth and Families

CDE(s): BMO Harris, Corporation for Supportive Housing

NMTC financing supported the construction of a new 60,900 sq. ft. service center targeted to very low-income and homeless individuals co-located with housing designed to transition people from homelessness to

Aura Fabricators

Fergus Falls,
MN
(2018)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Midwest Minnesota CDC

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