Farms.com Home   News

EDA Invests $3.2 Million to Boost Grand Forks Agricultural Processing

The U.S. Economic Development Administration (EDA) announced a $3.2 million grant to Grand Forks to accommodate the expansion of a soybean processing facility and allow for new industrial development in the area. This award will be matched with $798,342 in local funds.

“North Dakota is an agriculture powerhouse, and our commodities rely on infrastructure networks to get our products to market,” said U.S. Senator Kevin Cramer (R-ND). “This project adds value to the Grand Forks community, helping to improve the movement and processing of soybeans in the region, while boosting economic growth.”

Source : senate.gov

Trending Video

Tax Planning - Tina Barrett

Video: Tax Planning - Tina Barrett

Cattle producers have enjoyed a strong year, with many seeing record-high profits. That makes early, proactive tax planning more important than ever. Tina Barrett, Executive Director of Nebraska Farm Business Incorporated, shares some practical advice heading into tax season.