NPN - Letter Of Intent
Jarrod Thomas | Apr 25, 2017 AT 4:39 pm
After taking a pause in recent months organizers of a two-and-a-half million dollar fertilizer plant in Grand Forks say the project is still alive and moving forward. Northern Plains Nitrogen is looking the build the plant near the city’s sewage lagoons to tap into the water for making nitrogen fertilizer. Supporters say low commodity prices and the need for more investors have slowed development as of late. N-P-N C-E-O Larry Mackie says the group is now working with several large investors. City Administrator Todd Feland says the local investment to support the facility is in the 50 to 60 million dollar range. Feland says the city could look to the state to help fund the investment.
The council is considering granting N-P-N a six month extension on a Letter of Intent to build the plant. Final approval on the extension is expected during a regular council meeting next week.