Voyager Industries

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

Investor

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

Financing for a rural manufacturing/production facility that processes and packages pea for national distribution.
Rehabilitation of a building for the development of a mixed-use project to include medical respite, transitional housing, healthcare, and social services for the homeless.
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
Partial demolition, renovation, and a two-story addition to an existing commercial building.