- Understands business problems and can help solve them.
- Corporate America has highly scruitinized budgets and wants Low price, high quality, and low risk.
We work closely with companies so their expansion and transition are as smoot and hassle free as possible to allow them to focus on business.
Eagle Creek Software Services/Tech II
$3 Million investment in Tech II, a 20,000 sq. ft. Class A technology building. Secured financing and completed constructed in November 2011. Owned by VCBCDC and leased to Eagle Creek Software Services.
$1.8 Million investment to locate Eagle Creek Software Services in Valley City. VCBCDC worked in partnership with Eagle Creek to prove out a new business model and the company began operations in January 2005. Valley City State University assisted with developing and implementing a customized Customer Relationship Management (CRM) workforce training program with two delivery training models: 1) a 5-week fast track training session through the on-campus Business Institute for recent graduates followed by Siebel CRM training at the company's location and 2) a semester based curriculum and paid internship program designed specifically for the company. Results- VCSU trained 80 plus people employed by Eagle Creek.
Purchased 2.5 acres for future development. Technology Park – about 6 acres of land to grow technology businesses.
Regional Technology Center
1.4 Million Regional Technology Center (RTC) opened April 2001 providing 20,000 sq. ft. space and infrastructure to assist growing and expanding technology companies and entrepreneurs starting businesses. The RTC is owned by the VCBCDC.
Nearly $1 million invested in Valley City State University to build the technology base, most significantly $300,000 for the Masters Program, Technology Education Concentration.
Blue Cross Blue Shield
Provided technical assistance for customer service center; assisted with local employee recruiting efforts. Blue Cross Blue Shield expanded into a new facility and doubled its workforce from 10 to 20 employees with plans to add positions immediately. Additional growth expected.
I-94 Regional Development Corridor
$9 Million investment to purchase and develop 76 acres of land on Interstate 94, to establish the I-94 Development Corridor. Infrastructure includes concrete frontage road providing immediate access to I-94 on Exit 294 and extension of utilities.
Sold 30 acres of Corridor land to John Deere Seeding Group that secured Deere's $20 Million investment into its manufacturing plant. Secured original John Deere plant in 1995 with projected employment at that time between 50-90 jobs. VCBCDC secured 25 acres, extended all infrastructure including concrete, road, water tower, and $1.56 Million local investment. Led the company through permitting process and handled all legal work (annexation, rezoning, vacation section line and platting).
20 Acres at east end of Corridor available for development
$30.6 Million investment by the ND National Guard including 115,000 sq. ft., four buildings, and a total of 30-35 jobs. The community's contribution in land and infrastructure is well over $2 Million. First two buildings completed in 2017.
Secured, Lease Purchase Agreement with Malach USA. Included acquisition of the 70,000 sq. ft. manufacturing facility and 15 acres of land. Secured financing and completed extensive renovations of 50,000 sq. ft. of primary manufacturing space creating a quality work environment. Building improvements and acquisition was a $1.5 Million investment. The company employs 38 people and is Canadian owned.
Drug Plastics and Glass
Year: 1993 & 1985
Provided financial assistance for an 18,000 sq. ft. addition. Turnkey purchase in 1985 – constructed the original 30,000 sq. ft. building and rail-spur. Upon completion, plant and equipment were sold to the owners, corporate headquarters in Boyertown, PA. The City owns the spur and leases it to the company. The community invested $150,000 and provided property tax incentives.
Worked with the private developer to construct the $900,000 and 8,500 sq. ft. facility. Assistance included working with engineers, contractors, developer and City of Valley City to extend the water and sanitary sewer mains, and electrical service to the site. Coordinated and guided company as well as developer through annexation, rezoning, and construction permitting. The community also invested $150,000 in this project and provided property tax incentives.
Retention and Expansion
Worked with exisiting primary sector businesses expand.
- Skandia Mills- Flax processing and distribution to retail food outlets.
- Tri-WG- Manufacturer of therapeutic tables and parallel bars used in hospitals and clinics across the country.
- FEI INC- Wholesale supplier for fertilizer and propane parts and equipment.
- Ashtabula Wind I, II & III / NextEra Energy – Wind energy.
- Force Manufacturing – Grain cart manufacturing.
- HFI (Healthy Food Ingredients) – Flax processing, marketing and distribution.
Service and Retail Business Development
Provide financial assistance through the Bank of North Dakota’s Flex PACE Program, an interest reduction program, and the Red River Corridor Funds Collateral support program. Completed 39 projects (3/31/17)
Provide Flex PACE Program for Affordable Housing and implemented a local multi family housing incentive program in 2006. Completed 7 projects with 144 new units (3/31/17). First incentive program resulted in 48 new units constructed in 2006.
Provide technical support including grant writing and grant expertise along with financial support to a variety of community based projects some of which are: Nursing Program, Community Gardens, Park and Recreation, and Barnes County Parks.