DEVILS LAKE, N.D. - A regional farm equipment dealership plans to modernize its Devils Lake, N.D., location with a $5.6 million project.
Leading Edge Equipment wants to begin construction on the 65,000-square-foot building Sept. 1 so it can expand its agricultural equipment sales and services, according to an application for a flex loan submitted to Forward Devils Lake. Local economic leaders recently approved the $86,000 loan that would be paid over five years with no interest.
Leading Edge, which also has locations in the North Dakota cities of Michigan, Carrington and Hampden, has sold John Deere and other equipment at the Devils Lake location for seven years, taking over for Devils Lake Equipment in 2010, Leading Edge owner Jay Vasichek said. The building in Devils Lake, however, dates back to 1958.
“It’s been added onto many times,” Vasichek said. “We’re trying to provide a better work environment for our employees and a more welcoming atmosphere for the customer when he or she walks in.”
The 65,000-square-foot project will replace about 45,000 square feet of space, making the business more modern, according to the application. The project also will allow Leading Edge to expand its small tractor business, Vasichek said.
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The project is slated for completion in March.
