CERES SOLUTIONS CO-OP
Newaygo County Economic Development Office assists new Ceres Solutions Co-op with latest expansion
project would have taken much longer and would have slowed our growth in the state.” NCEDOand Ceres Solutions (NorthCentral Co-op at the time) first announced the company’s major expansion in White Cloud in 2016, which included a $10 million investment and the creation of three new jobs.
loans may cover up to 50 percent of the cost of the rail infrastructure and are limited to the rail infrastructure itself. “NCEDO and MDOT have provided us with all the tools and support we need to succeed in West Michigan,” said Martin Hall, Michigan Region Manager, Ceres Solutions. “Without their support, this
The next phase of its expansion for Ceres Solutions Co-op (formerly North Central Co-op) is underway in White Cloud, Michigan. The $350,000 project will increase logistics capacity at the site, including a new rail siding, existing track improvements, and the installation of ingredient-receiving pits. Mark Guzniczak, Business Development Coordinator for NCEDO, assisted the company with its application for a Michigan Department of Transportation (MDOT) Freight Economic Development Program loan. The loan program will provide necessary funding for the project’s rail improvements. “This latest project is yet another example of the important role NCEDO plays in spurring economic growth in our community,” said Todd Blake, City Manager/Finance Director, City of Fremont, and current NCEDO Chair. “NCEDO exists to provide business support services like this to growing companies in Newaygo County.” Through its Freight Economic Development Program (FEDP), MDOT's Office of Rail provides low-interest loans to businesses locating or expanding in Michigan that require rail service, or to entities interested in assisting these businesses. These specific
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2017 ECONOMIC SUCCESS STORIES
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