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Carlton County backs Laveau Butcher Company, approves $450,000 commercial loan
Summary
The Board adopted Resolution 26-039 to support Laveau Butcher Company's grant application and approved a $450,000, 20‑year commercial loan at 4% interest to help address regional meat-processing bottlenecks.
On May 26 the Board adopted Resolution 26-039 expressing county support for Laveau Butcher Company’s effort to apply for Minnesota Department of Agriculture funds to purchase equipment and address regional supply-chain bottlenecks for USDA‑certified meat processing. The resolution notes the county’s interest in improving economic resiliency and expanding supply of high‑quality meat products.
The Board also approved a commercial loan of $450,000 from the county Economic Development Department to Laveau Butcher Company for 20 years at 4% interest, with the first payment due December 2026. The motion to approve the loan was seconded and carried by all commissioners present.
