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Carbon County CED Board approves Intermark Steel reallocation for welding machines
Summary
The Carbon County Community Economic Development Board approved a $7,500 reallocation to Intermark Steel for welding machines, citing company growth and a 3:1 matching fund commitment; the board noted the award met the six‑month funding-window retroactivity criteria.
The Carbon County Community Economic Development (CED) Board voted to approve Intermark Steel’s amended request to reallocate previously awarded Rural County Grant funds for welding machines in the amount of $7,500. The approval was unanimous after board members cited the company’s recent growth and a 3‑to‑1 matching contribution toward the project.
Intermark had originally requested $50,000 to purchase a forklift but revised that ask to a more modest equipment purchase. Board members recorded the motion (mover: Oran Stainbrook; second: Jon Richens) and approved the reallocation, retroactively meeting the six‑month funding‑window requirement. The board discussion noted Intermark had received prior funding and that the company presented matching funds to support the request.
Board members did not attach further conditions to the award. The approval will be reflected in the grant accounting and the $7,500 will be applied toward the purchase of welding machines as described by Intermark’s request.
