Harvey's Earth Harvest Mills receives expansion grantA $7.3 million grant from the U.S. Department of Agriculture has been approved for Earth Harvest Mills in Harvey, N.D., to increase production from 23 million pounds to 185 million pounds of flour per year.
By: Herald Staff Report, Grand Forks Herald
A $7.3 million grant from the U.S. Department of Agriculture has been approved for Earth Harvest Mills in Harvey, N.D., to increase production from 23 million pounds to 185 million pounds of flour per year.
USDA Rural Development State Director Jasper Schneider announced the news Monday.
“The new facility will help create good paying North Dakota jobs, while allowing Earth Harvest Mills to continue to grow their domestic and international markets,” Schneider said in a press release.
In 2002, Earth Harvest Mills met with USDA Rural Development and community leaders in search of financing for an organic flour mill facility. In 2003, three Business & Industry Guaranteed loans through USDA Rural Development provided $2.2 million to purchase the out-of-business veterinary clinic and construction of the main building to start the business.
Two of the original loans have been paid in full. In 2009, USDA Rural Development provided a fourth loan, through the First National Bank of Harvey for $7.3 million.
“Funding a start-up manufacturing company is challenging. No bank would fund us until we received a USDA Rural Development guarantee,” Grayson Hoberg, CEO of Earth Harvest Mills, said
Other funding partners include the Small Business Administration, the Entrepreneur Center of N.D., Dakota Certified Development Corp., Bank of North Dakota and the Department of Commerce.
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