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EDC says $219 million in 2025 investment, flags proposed $1 billion peaker plant and energy-timing issues
Summary
Greg Hildebrand, Marshall County Economic Development Corporation president, told the county council the county saw about $219 million in capital investment last year and described a proposed $1 billion peaker-plant project with long lead times and uncertain local tax revenue depending on abatements; he also discussed how different types of data centers affect grid demand and workforce implications.
Greg Hildebrand, president and CEO of the Marshall County Economic Development Corporation, told the Marshall County Council on April evening that the county had a “banner year” in 2025, with about $219 million in capital expenditures.
Hildebrand said the EDC is tracking several large projects and one potential energy project in North Township that, in the developer’s preliminary material, would represent about $1 billion in equipment and real‑estate investment. He said the pro forma included roughly 200 construction jobs over 18–24 months and about 10 full‑time operational positions, and estimated a county tax yield of about $30 million over 10 years if the project were taxed at full assessed value. He cautioned, however, that any abatements or incentive packages…
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