The Fairmont area offers many advantages for relocating your business, including people, cost and site/location advantages. Our Economic Development Authority is dedicated to assisting you with your site selection and making your transition to the Fairmont area run as smooth as possible. As you navigate this section, we have provided you with valuable tools to guide you through your exploration of the Fairmont area.
Business Relocation Advantages:
- Quality Labor Supply
- Less Expensive Land
- Low Cost Utilities
- Transportation Access
- Interstate, Rail and Airport
- Centrally located in the Country
- Very few natural disasters
- Well educated community
- Moderate tax climate
- Quality healthcare facilities
- Large diversified industrial/agriculture base
- Low cost housing
- Post secondary education - Presentation College, Minnesota West Community & Technical College, St. Mary's University and Riverland Community College
Business Incentives:
The City of Fairmont Economic Development Authority looks at each businesses needs to determine which incentives best fit. Some incentives the EDA offers are:
- Tax abatement, tax incentive financing and low interest loans
- Expedited permitting
- Pool other State and Federal resources
Business Relocations and Expansions:
2004 - 2010
- Walgreens
- Wells Federal Bank
- Hawkeye Foodservice Distribution
- Servicemaster
- Goldfinch Estates
- Sweet Financial Services
- Kahler Automation
- Sisseton Salon
- Kwik Trip
- Pizza Ranch
- Holiday Inn
- Hampton Inn
- Olson Rental
- Kenway
- Dulcimer Medical Center
- D & B Plastics
- Hancor
- Bank Midwest Service Center
- Under construction
- Retail Stip Mall north of Walmart
- Under construction
- Smart Clinic
- Sterling Drug
- Fareway Foods
- Biofuel Energy
Business Retention and Expansion:
- Fairmont Economic Development Authority has designed a Business Retention Program visiting all business as often as practical.
- The primary industrial area is the Fairmont Industrial Park. The majority of the lots are fully serviced with sewer, water, storm sewer, blacktop road, curb and gutter, natural gas and some lots have rail access. The land is controlled by the City of Fairmont. Many types of financial arrangements are available. Details to be negotiated on a case by case basis.
Economic Development News
Brochures and Publications:
For more information please contact:
Mike Humpal
City of Fairmont Economic Development Authority
100 Downtown Plaza
Fairmont, MN 56031
507-238-9461 - ext. 2236
Related Links:
Business Resources
Work In Fairmont
323 East Blue Earth Avenue
P.O. Box 826
Fairmont, MN 56031
www.fairmontchamber.org
info@fairmontchamber.org
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