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2012 Annual Report

April 16, 2019

Category: Annual Report

2012 Annual Report

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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