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2012 Annual Report
2012 Annual Report Overview
All the Happenings
- Magnetation exceeds job growth predictions by looking to add 200 new employees to their already 220 employee team
- IEDC signs purchase agreeement with J.M. Longyear for former Ainsworth site
- Public works infrastructure grant was awarded to the City of La Prairie for an extension of sewer and water services to Broking's transport and other neighboring properties
- Mark Zimmerman joins IEDC as new president
2012 Investment Partners
- In 2012, IEDC had a total of 24 investment partners
- 50% revenue source from the Blandin Foundation
- 25% revenue source from Itasca County
- 8% revenue source from grants & contracts
- 14% revenue source from Businesses & Individuals
- 2% revenue source from the City of Grand Rapids
- 1% revenue source from the City of Cohasset