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Create a More Connected Minnesota

An aviation manufacturing company could
create about 100 jobs in Minot the next two years if a proposed
loan is approved by the city council.


      Administrators of a fund that provides incentives to new and
existing businesses in Minot wants to loan $500,000 to Heliplane of
Minneapolis.


      Officials with Heliplane plan to begin making air cargo trailers
in Minot after a product demonstration to the U.S. Army in
September in Kentucky.


      The loan would come from the Minot Area Growth through
Investment and Cooperation Fund, also known as MAGIC. Funds are
derived from city sales tax.


      The jobs would have an average salary and benefits package of
$65,000 a year.

An aviation manufacturing company could
create about 100 jobs in Minot the next two years if a proposed
loan is approved by the city council.


Minneapolis aviation manufacturer eyes N. Dakota expansion

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Create a More Connected Minnesota