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Pine County backs $100,000 state loan application to help At Scott Manufacturing expand
Summary
The Pine County Board voted to support a $100,000 Minnesota Investment Fund application to seed the county revolving loan fund for At Scott Manufacturing’s planned 12,000 sq. ft. addition, a $2.6 million project the company says would create about 15 jobs and position it to fulfill federal contracts.
Pine County commissioners voted to support a county application for a $100,000 Minnesota Investment Fund loan to help At Scott Manufacturing build a 12,000-square-foot assembly building and expand machining capacity.
Leslie Sauter, the county’s economic development coordinator, told the board the funds would be added to the county’s revolving loan fund and then loaned to the company at terms set by the county’s loan committee. “One of those resources is through the Department of Employment and Economic Development…our ask to the state would be for a $100,000,” Sauter said.
Steve Birch, CEO of At Scott Manufacturing, said…
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