Four Delta County businesses that received Rural Economic Development Initiative (REDI) Program grants to help with facility expansions celebrated their new success and employment opportunities last week. The REDI Program helps eligible rural communities develop plans and undertake projects to create jobs, drive capital investment and increase wages to help grow and create resiliency and diversity in the local economy.
Representatives from the Colorado Department of Local Affairs and the Colorado Office of Economic Development and International Trade (OEDIT) toured the companies Aug. 19.
“All of Colorado benefits when our rural economy grows,” said Governor John Hickenlooper. “The REDI program was designed specifically to support this type of growth, and we are thrilled Delta County businesses and communities are able to utilize the program to continue to grow.”
“Delta County Economic Development, Inc. is thrilled to have worked with OEDIT and these four businesses to bring in these important REDI grant monies to support facility and job growth,” said Trish Thibodo, director of Delta County Economic Development, Inc.
REDI grantee companies visited included:
Diversified Innovative Products (DIP) Company, a business-to-business manufacturing company that supplies specialty printing products, which recently completed a $250,000 expansion. A REDI grant of $25,000 helped to retain DIP in Delta, and aided in the hiring of up to three new jobs. DIP Company recently consolidated its Minnesota operations into the expanded Delta location, and now services customers throughout the world from this location.
TK Holdings used its $50,000 REDI grant to help remodel and renovate an empty former implement dealer location into a consolidated headquarters office and shop. The transformation of the aging building will allow the business to gain essential efficiency, encouraging growth and putting more employees to work throughout the U.S., Canada and Mexico. TK Holdings anticipates the expansion will help add numerous field jobs and an additional three to five headquarters positions in the next 24 months.
Amarna Company, a business-to-business manufacturer of Amarnakote, a water-based food release product, will use its $137,000 REDI grant to assist with an 8,000-square-foot expansion of its manufacturing plant and national headquarters. The Amarna Company solidified its commitment to the Delta community with this $800,000 investment and will be adding two to three jobs as a result of the expansion.
Big B’s Organic Juices and Hard Cider in Hotchkiss is improving its manufacturing and distribution facility with a $30,000 REDI grant, allowing for reconfiguration of its juicing line and dramatically improving productivity. Big B’s self-labeled organic juice line, contract juicing, bulk juice and hard cider production will be increased, allowing the company to add another two to three positions. A true “value-added agriculture” success story, Big B’s is proof that a local company committed to product innovation and diversification can grow rapidly in rural Colorado.