Feds Welcome Avantech to Baxter With $1 Million in Funding
The United States Department of Agriculture Under Secretary, Lisa Mensah, along with various other public and company officials, gathered at the site of Avantech's future facility in Baxter, MN, to announce $1 million in federal loans the company will receive for their expansion efforts.
According to the Brainerd Dispatch, U.S. Rep. Rick Nolan, D-Crosby, and local mayors Darrel Olson of Baxter and Ed Menk of Brainerd also attended the event. The announcement was held as construction took place in the background at the site of the future 48,200-square-foot building.
Avantech is a manufacturer in the rotational molding industry. Rotomolding is a unique four-stage process that utilizes heat and resin in a closed mold to create a variety of plastic products. The new facility, which is ex...