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Commission approves five‑year tax exemption as Corvent Medical expands ventilator manufacturing in Fargo
Summary
City approved a five‑year property tax exemption for Corvent Medical’s expanded operations at Amber Valley Parkway, citing job creation and payroll growth; the company says it is the only U.S.‑owned mechanical ventilator manufacturer remaining and expects to ship about 500 ventilators this year.
The Fargo City Commission voted to grant a five‑year property tax exemption to Corvent Medical to support expansion of manufacturing, storage and handling operations at 4837 Amber Valley Parkway South.
Jim Gilbert, who presented the item, said the company had previously received an initial exemption in 2023 and is returning because it is expanding manufacturing and wholesale operations, adding 12 jobs. "They've already exceeded their job creation numbers — they're…
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