Wednesday, April 14, 2010

Search for Local Business Opportunities


The Rainy River Future Development Corporation is looking for local opportunities in Minnesota's Iron Range area.

Client Manager Manager Geoff Gillon says they're working with the Northern Networks Trade Conference on how to benefit from the expansion of the mining industry in that area.

"SR Steel is going to spend about $4 billion," says Gillon, "but the total expenditure in the Iron Range between now and 2014 is somewhere around $6.5 billion. That's basically at our door step as far as the business community is concerned and we need to know more about how to access opportunities down there."

Gillon says they're also looking at opportunities in the Greater Toronto area.