L-M Wind Power

L-M Wind Power Click to Enlarge

Grand Forks is looking to expand the building that houses L-M Wind Power to the tune of two-million dollars. The extra space will allow the company to make even larger blades at the manufacturing plant in the industrial park. The city council - meeting as the Jobs Development Authority - approved project plans last night. Regional Economic Development Corporation President Keith Lund says the payback comes in the form of an increase in lease fees

L-M employs around one-thousand workers. Lund says the company is making a significant investment as well - over six million dollars in new equipment.

The agreement still needs to be reviewed by the city attorney. Construction bids are expected to be approved in October.

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In other council action members approved a ten-year tax break for J-R Simplot. The company plans to spend 54-million dollars to add a High Bay Freezer to its plant on Gateway Drive. The move provides Simplot an 80-percent exemption over a ten year period on the new investment. The freezer will allow Grand Forks to serve as a distribution point for products shipped east.

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