Northern Electric LoansAberdeen Development Corp, Molded Fiberglass
Category: Northern, Business, Cooperatives
The Aberdeen Development Corporation is a private non-profit corporation with the mission of primary job creation. Developing the industrial and back-office economic base of Aberdeen and the region is their business. REED provided financing to assist with construction of a 319,500 sq ft building to be leased to Molded Fiber Glass Companies. The Aberdeen plant produces blades and components for the wind power industry and employs over 500 persons.