Stewartville awarded more than $1 million in DEED infrastructure grants

STEWARTVILLE, Minn. (KTTC) – Stewartville received $1.055 million in infrastructure grants to support the construction of roads and public utilities.

The grants were funded by the Greater Minnesota Business Development Public Infrastructure Grant Program (BDPI) and the Minnesota Department of Employment and Economic Development (DEED) Innovative Business Development Public Infrastructure Program (IBDPI).

“Investing in public infrastructure means investing in the well-being and vitality of our communities,” said DEED Commissioner Matt Varilek. “DEED grants help stimulate local economic development, create jobs and support innovative businesses and organizations.”

IBDPI funding will support the construction of roads and public utilities to expand the Schumann Business Park for use by United Therapeutics.

The company is initially investing $75 million in a facility that will create 22 jobs.

In the long term, the company is planning three further phases that will create an additional 300 jobs.

The total cost of this particular public infrastructure project is $2.11 million.

Stewartville wasn’t the only community to receive this type of funding.

Chisago City received $214,270 to create 107 jobs, North Mankato received $1.108 million to create 225 jobs and Hermantown received $2 million to create 290 jobs.

For more information, visit the MN DEED website.

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