Fairmont receives infrastructure grant
St. Paul – Minnesota Department of Employment and Economic Development (DEED) awarded $645,925 in grants to infrastructure projects in Greater Minnesota.
The funding awarded from DEED’s Greater Minnesota Business Development Public Infrastructure Grant Program (BDPI) will go to projects in Bagley and Fairmont.
The BDPI grant program supports counties outside the Twin Cities metropolitan area. Under the program, DEED awards 50 percent of eligible capital costs for the qualifying public infrastructure projects. These projects include wastewater collection and treatment, drinking water, storm sewers, and more.
Fairmont was awarded $434,075 to assist with water and sewer lines and a street in a new 37 acre industrial park. Also adjacent and being aided by the project is Cemstone. They will be expanding and plan to add 17 jobs to its current workforce of 11 in Fairmont.
DEED is the state’s principal economic development agency, promoting business recruitment, expansion and retention, workforce development, international trade and community development. For more information about the agency and its services