GF - Simplot Expansion
Doug Barrett | Aug 15, 2017 AT 8:15 am
The J-R Simplot plant is eyeing a major expansion in Grand Forks. The potato company is proposing a 54 million dollar project - 30 million for land and construction alone. The addition of a High Bay Freezer would make the current facility the primary distribution center for all products in the central and eastern U-S.
The Grand Forks council appeared generally supportive last night in setting a public hearing on September 18th for a ten-year property tax exemption. According to a staff report the exemption could save the company as much as 297-thousand dollars per year. City Administrator Todd Feland says it’s a good problem to have.
Keith Lund of the Economic Development Corporation says there are a lot of communities that would love to make this deal. Under terms of the deal Simplot would receive a 100% exemption the first five years followed by a declining exemption of 80%...70%...60%...50%...and 40% in years six through ten.
The expansion will triple Simplot’s current freezer capacity at the company off Gateway Drive. The company has been ion Grand Forks since 1981.