Itasca County offers a unique blend of abundant natural resources, state-of-the-art business amenities and outstanding cultural opportunities, strategically located in the heart of North America. When combined with our productive workforce, competitive wage rates and low cost utilities, Itasca County is an ideal place to start, relocate, or expand your business.
Itasca Economic Development has the expertise and resources to help you grow your business in Itasca County. Browse our website for more information about our free and confidential services.
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Q3 2012 IEDC Reaches Agreement with Buyer at Itasca Eco Industrial Park
On behalf of our board of directors and our many stakeholders from throughout the region,
Itasca Economic Development Corporation (IEDC) is pleased to announce the successful execution of a purchase agreement with J.M. Longyear, L.L.C., regarding the sale of 121.5 acres of land and all existing buildings at the Itasca Eco Industrial Park in Grand Rapids.
Q2 2012 IEDC Announces New President & CEO
Itasca Economic Development Corporation (IEDC) is pleased to welcome Mark
Zimmerman as its new President & CEO. Zimmerman will begin his leadership on August 1, 2012.
Q1 2012 Broking Resigns/Borling Takes the Helm
On February 7, 2012, the IEDC Board of Directors accepted the resignation of Joe Broking, President & CEO, and voted unanimously to name Jeff Borling as Interim President & CEO. Joe informed the Board of Directors and IEDC Investment Partners of his plans to resign, after accepting a new role as Chief Financial Officer for Magnetation, Inc.
Q1 2012 Eco Park Updates
The first quarter of 2012 was an exciting time at the Itasca Eco Industrial Park (IEIP), with several significant decisions made by the IEDC Board of Directors to fine-tune and solidify plans for returning this remarkable site back to productive, industrial use. These actions represent a continuation of the bold leadership shown by the Board since IEDC first acquired the former Ainsworth OSB plant in 2009.
Q1 2012 ICC - Skogforsk
In early March, it was announced that the Forestry Research Institute of Sweden, Skogforsk, will enter into a joint collaboration with Itasca Community College (ICC) to develop an applied research program focused on developing effective methods, systems and technology within the forest-based bioenergy supply chain in Minnesota.
Q1 2012 Broking's Transport
In late 2011 and into early 2012, IEDC provided business planning and consulting support for Broking’s Transport, as the Company developed plans to acquire Figgins Transport, its primary competitor in the Grand Rapids area. Through this agreement, Broking’s has taken title of the Figgins fleet of 35 trucks, 85 trailers and 15 owner/operators, thereby expanding its capabilities in service to a wider array of customer needs.
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