Douglas Electric Loans

Project Directory

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Armour Electric Motor Repair, Inc

Category:  Douglas, Business, Cooperatives

A loan from Douglas Electric assisted a new owner to purchase an existing business. The company provides general electrical and wiring services and rewinds motors.

Delmont Fire District

Category:  Douglas, Community, Cooperatives

The Delmont Fire District used a loan from Douglas Electric to help with the costs of a new fire hall. The previous fire hall was destroyed in a May 2015 tornado, and the hall was recently rebuilt and completed.  

Werkmeister Welding, LLC

Category:  Douglas, Business, Cooperatives

Werkmeister Welding is a family owned business in its third generation of family leadership located near Armour, SD population 699. It was founded in 1982 and is a leading manufacturer of high quality cattle feeding equipment. REED financing assisted in the construction of a new building. The company also purchased...