Adobe Stock
Adobe Stock
The grant was awarded on Dec. 9. The EDA describes the grant as follows:
"This EDA investment funds a feasibility study to provide the Region 9 Development Commission with determining the viability of a new Waseca Area Manufacturing Resource Center in Waseca County, Minnesota, a designated Opportunity Zone. The study will provide a combined in-depth operation and economic market analysis that will reveal key insight into necessary equipment, programming, and technical support that can maximize the region's value in the manufacturing industry. Once completed, the study will diversify the local economy, increase private investment, and create jobs throughout the region."