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11/06 - Fast Start for Progress Casting in New Hampton
"If you dream it, you can do it. This applies to Progress Casting Group," says Bob Silhacek, company president. "We came to New Hampton and put spades in the ground to build our third manufacturing plant. Using local contractors, we went from green field to state-of-the-art foundry in less than 11 months. It has been a wonderful experience."
"I want to thank Governor Tom Vilsack and the state of Iowa for their help and support as we progressed from visiting, negotiating and completing our plant in New Hampton," says Silhacek.
Progress Casting reviewed sites in Iowa, Minnesota and South Dakota and received a package of state, community and regional incentives that included $700,000 in awards from the Iowa Dept. of Economic Development. More than 1,000 persons applied for the first jobs at the plant, where the workforce is expected to reach 150 persons as the business grows.
"When we set out to find a location that had a rural setting and productive and dedicated employees, we never imagined that we would come across a place that had so many of the attributes we needed. We found such a place in New Hampton," says Silhacek.
10/06 - Industrial Park Ready for Business
The 154 acre industrial park located on McCloud Avenue on the south edge of New Hampton is ready for business! During 2004, the infrastructure was completed. Water, sewer, electricity and gas service are now available.
Located in an Enterprise Zone, the industrial park has much appeal for companies. Adjacent to the Highway 63 exit at 225th Street, it takes just 20 minutes to reach the Intersate 380 Avenue of the Saints; 45 minutes to Interstate 35; and in 45 minutes, one can be at Interstate 90 in southern Minnesota.
New Hampton Economic Development Director Bob Soukup stated that combined with the State and Local incentives, this state of the art industrial park will put New Hampton on the map.
4/05 - New Hampton Lands Industry
Progress Casting Group, Inc., out of Minnesota, has announced selection of
New Hampton as the site of a new plant when certain conditions are met.
The plant would be buildt in the new south industrial park starting in April and completed for operation in November. THe $13 million building will have 85,000 square feet and additional space for future expansion. The compnay anticipates hiring 150 employees with more added with and expansion. Bob Soukup stated these will be new jobs with workers recruited locally.
Negotiations with Progress Casting started in October and were successfully completed with assistance from federal, state and municipal goverments including New Hampton Municipal Light Plant and Buterl County REC. Several other cities in Iowa, Minnesota and South Dakota made offers to locate their plant in their community. Bob Soukup said "The Iowa Department of Economic Development was a major factor in getting the job done."
5/03 - Grant Money Available
With the assistance of the Light Plant, New Horizons - Chamber will be
offering the Targeted Improvement Grant again this year. This grant is
for business owners who are making improvements to their building such
as tuckpointing, window replacements, new awnings and other qualified
improvements. To find out more about this opportunity, please call the
New Horizons-Chamber office at 394-2021. Funding is limited and is on
a first come, first serve basis. Funding is also subject to review by
the NH-C Design committee.
3/03 - 2003 Building Permits Total $3,400,000
Building permits issued this past year present some interesting figures for the City of New Hampton. It appears that the total of 198 reaches an all time high. Six of those permits were for new homes, 28 of those permits were for commercial and industrial additions, new construction or remodeling. The balance were for residential windows, garages, additions, etc. The above figures show that things continue to move forward in New Hampton. We can be proud of some very nice buildings erected in our growing community.
1/03 - DED Awards $210,000 to New Hampton Companies
New Hampton has two new companies that have chosen to locate in their community, Soy Basics and Hot Flush. Soy Basics is a company that manufactures soy based candles that are clean burning. DED recently awarded them with $3,000 per job for creating 40 new jobs. They received $120,000.00 that is 50% forgivable loan and 50% low interest loan. Hot Flush manufactures a cleaning machine that flushes contaminants from transmission coolers. DED recently awarded them with $3,000 per job for creating 30 new jobs. They received $90,000.00 that is 50% forgivable loan and 50% low interest loan. Both these companies have 2 years to get their jobs in place. New Hampton is very proud to be a part of the future growth of these two companies.