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Observer/Advocate
P.O. Box 429
Mt. Lake, MN 56159
Phone: 507-427-2725
Fax: 507-427-2724


Growth is quickly becoming

a way of life at Mt. Lake’s

Highway 60 industrial park.

The Mt. Lake EDA is working

on yet another significant

expansion, this one involves

Milk Specialties

Global. The project

could occur as early

as this year, according

to City Economic

Development Director

Rob Anderson.

The project calls for

a 30,000-square-foot

expansion in the former

Contestoga Wood

building. Such a project

would ultimately

triple the structure’s size.

“They have approached us

about expanding the (former

Conestoga Wood building),”

Anderson said. “They are

debating whether they want

to do it themselves, or do Tax

Increment Financing and

fund it through the EDA.”

Ultimately, officials from

the Milk Specialties Global

corporate office in the Twin

Cities will make the decision.

Anderson expects to hear

from them at any time.

“If we were to do a TIF, we

estimate we could do $450,000

worth of TIF to finance the

project,” Anderson said. “The

Conestoga building is worth

about that amount.”

The Milk Specialties Global

officials have also asked

the EDA whether it

would consider giving

them the building

and having them

build it themselves.

Anderson says that

option would essentially

be “a wash” for

the City of Mt. Lake.

“If they build it

themselves, it would

immediately generate

taxes for the community,”

Anderson pointed

out. “Whereas if the EDA did

the project, the taxes would

go to the TIF for the next nine

years.”

Milk Specialties currently

employs 60 workers at its Mt.

Lake locations. Anderson

expects further job expansion

from the company.

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