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Find Economic Development news and articles from throughout the Dairyland Power Cooperative territory in Iowa, Illinois, Minnesota and Wisconsin.  May 2018.
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Available Building has Great Access to  Twin Cities Market


If your business is looking for an existing building with high visibility and close proximity to the Twin Cities metro area, here is a property that might fit your needs.  Located on US Highway 10 near the junction of US Highway 63 in Ellsworth, Wisc., the facilities consist of two buildings with a total area of 36,617 square feet (sf) situated on 8.8 acres.  The site is zoned commercial/industrial.
 
The main building is 24,017 sf and consists of a mercantile/showroom (9,761 sf) and storage (14,256 sf).  The facility has one loading dock and three overhead doors.
 
The second building is a steel warehouse/outbuilding totaling 12,600 sf with 16 ft. sidewalls.  The warehouse has four drive-in doors and a fenced yard.
 
For more information, contact Joe Folsom, Executive Director, Pierce County Economic Development Corporation at (715) 425-3881 or joe@pcedc.com.
 

Recycling Means Growth at Dynamic Recycling


For Dynamic Recycling, “Reduce, Reuse, Recycle” means growth.  The company is adding 140,000 square feet to its facilities located in Onalaska, Wisc.  As its name implies, the business recycles, tests and refurbishes computer and electronic equipment, among other things.
 
The $20 million expansion will provide additional processing, warehouse and office space.  And, management projects the addition of as many as 150 new jobs which will nearly double the company’s present workforce.  Construction started in May of 2017 and is expected to be completed by June 2018.
 
Dynamic Recycling is served by Riverland Energy Cooperative, a member of the Dairyland Power System of Touchstone Energy Cooperatives.

Top of Iowa Development Has Great Location



The Top of Iowa, also known as the Worth County Interchange, is a commercial development conveniently located at exit 214 on Interstate 35 halfway between the Twin Cities and Des Moines, Iowa.  The property is highly visible from Interstate 35 with over 17,000 vehicles per day.  The development is anchored by the Top of Iowa State Welcome Center and the Diamond Jo Casino with over 1 million visitors per year.
 
Lot sizes range from 1 to 40 acres in size and are fully serviced with electric, fiber, natural gas, water, and sewer.  The development is zoned for highway commercial, retail and service uses and lies within a tax increment financing (TIF) district.  In addition to the welcome center and casino, there are two hotels, service stations and restaurants within the development.
 
For more information contact Winn-Worth Betco at (641) 592-0800 or wwb@wctatel.net.

Dairyland Power Announces More Solar Energy Sites

Three new projects will be located in Illinois, Iowa, and Minnesota



Dairyland Power Cooperative has finalized agreements for three additional utility-scale solar generation projects, bringing Dairyland’s total number of solar installations under contract to 18.
 
The three new projects will increase the total solar generation from 20.5 megawatts (MW) to 25 MW in the Dairyland cooperative system. Once the three new solar energy facilities are online, the 18 sites will together be able to produce enough renewable energy to power nearly 4,000 homes.
 
The power purchase agreements for the three new projects are with SoCore Energy (Chicago, Ill.). Of the previously announced solar sites, 14 of 15 are with SoCore Energy and one agreement is with CMS Energy (Jackson, Mich.). The developers install, own, operate and maintain the facilities.
 
Dairyland’s existing 15 solar energy sites are located in Wisconsin and Iowa. The new solar sites will be located in three states (Illinois, Iowa and Minnesota) within Dairyland’s service territory. Construction on the new sites will begin later this year.
 
Locations, scale and local electric cooperative of the three new sites:

  • Thomson, Ill., 1.5 MW (Jo-Carroll Energy Cooperative)
  • Decorah, Iowa, 1.5 MW (MiEnergy Cooperative)
  • Albert Lea, Minn., 1.5 MW (Freeborn Mower Electric Cooperative)

 
The solar installations are tracking systems which follow the path of the sun to increase energy production. As a cooperative initiative, the 18 solar facilities are located in the service areas of Dairyland’s member electric cooperatives. The advantages of multiple projects in separate locations include: diversified weather, distributed grid infrastructure impacts and locally-based renewable energy.
 
Solar sites double as Pollinator Gardens
All the solar generation sites will also provide beneficial bee and butterfly habitat. The solar developers are using native seed mixes of grasses and flowering forbs to create certified pollinator gardens at each solar site. In addition to helping sustain and grow bee and butterfly populations, the pollinator gardens will help reduce storm water runoff, increasing site protection from erosion.

Now, Up to $2 million, 0% Interest Economic Development Financing Available for Your Project


Now, up to $2 million in 0% interest rate financing may be available for your next business or community development project through your local electric cooperative. Funds can be used for business expansion and start-up. Eligible purposes include real estate, buildings (new and existing), machinery and equipment and/or working capital. Community facilities and infrastructure are also eligible purposes. Loan amount is determined by overall project scale, local cooperative policies, job creation/retention and other typical loan approval criteria.
 
Are you wondering whether this financing might be available for your project? Contact your local electric cooperative or Craig Harmes, Dairyland Power Cooperative, at (608) 787-1310 or Craig.Harmes@DairylandPower.com.

 
Dairyland Power is an Equal Opportunity Provider and Employer.
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