Business

Leading economic vitality through retention, expansion and attraction, VCBCDC works diligently with businesses and the greater community to reach your full potential. Equally important, we prioritize quality of place, workforce, education, training and talent attraction.

If you are looking to start a business or expand, we have the financial resources and knowledge to help!

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Financing

From technology ventures to industrial space, Valley City has locations your business can call home.

Available Properties

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A broad range of industries paired with a respected workforce creates the perfect opportunity for business growth.

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Business Climate

Success Stories

I-94 Regional Development Corridor

Year: 2012
$9 Million investment to purchase and develop 76 acres of land on Interstate 94, to establish the I-94 Development Corridor. Infrastructure includes concrete frontage road providing immediate access to I-94 on Exit 294 and extension of utilities.

Year: 2013
20 Acres at east end of Corridor available for development

Year: 2015
$30.6 Million investment by the ND National Guard including 115,000 sq. ft., four buildings, and a total of 30-35 jobs. The community's contribution in land and infrastructure is well over $2 Million. First two buildings completed in 2017.

John Deere Seeding Group

Year: 2012
Sold 30 acres of Corridor land to John Deere Seeding Group that secured Deere's $20 Million investment into its manufacturing plant. Secured original John Deere plant in 1995 with projected employment at that time between 50-90 jobs. VCBCDC secured 25 acres, extended all infrastructure including concrete, road, water tower, and $1.56 Million local investment. Led the company through permitting process and handled all legal work (annexation, rezoning, vacation section line and platting). John Deere Seeding Group currently employs 250 individuals.

Malach USA

Year: 2005
Secured, Lease Purchase Agreement with Malach USA. Included acquisition of the 70,000 sq. ft. manufacturing facility and 15 acres of land. Secured financing and completed extensive renovations of 50,000 sq. ft. of primary manufacturing space creating a quality work environment. Building improvements and acquisition was a $1.5 Million investment. The company employs 38 people and is Canadian owned.

Drug Plastics and Glass

Year: 1993 & 1985
Provided financial assistance for an 18,000 sq. ft. addition. Turnkey purchase in 1985 – constructed the original 30,000 sq. ft. building and rail-spur. Upon completion, plant and equipment were sold to the owners, corporate headquarters in Boyertown, PA. The City owns the spur and leases it to the company. The community invested $150,000 and provided property tax incentives.

Technology Park

Purchased 2.5 acres for future development. Technology Park – about 6 acres of land to grow technology businesses.

Eagle Creek Software Services / Tech II Building

$3 Million investment in Tech II, a 20,000 sq. ft. Class A technology building. Secured financing and completed constructed in November 2011. Owned by VCBCDC and leased to Eagle Creek Software Services.

$1.8 Million investment to locate Eagle Creek Software Services in Valley City. VCBCDC worked in partnership with Eagle Creek to prove out a new business model and the company began operations in January 2005. Valley City State University assisted with developing and implementing a customized Customer Relationship Management (CRM) workforce training program with two delivery training models: 1) a 5-week fast track training session through the on-campus Business Institute for recent graduates followed by Siebel CRM training at the company's location and 2) a semester based curriculum and paid internship program designed specifically for the company. Results- VCSU trained 80 plus people employed by Eagle Creek.

Regional Technology Center

1.4 Million Regional Technology Center (RTC) opened April 2001 providing 20,000 sq. ft. space and infrastructure to assist growing and expanding technology companies and entrepreneurs starting businesses. The RTC is owned by the VCBCDC.

Blue Cross Blue Shield of North Dakota

Year: 2000
Provided technical assistance for customer service center; assisted with local employee recruiting efforts. Blue Cross Blue Shield expanded into a new facility and doubled its workforce from 10 to 20 employees with plans to add positions immediately. Additional growth expected.

Valley City State University

Over $1 million invested in Valley City State University to build the technology base, most significantly $300,000 for the Masters Program, Technology Education Concentration.

Alliance Pipeline

Year: 2001
Worked with the private developer to construct the $900,000 and 8,500 sq. ft. facility. Assistance included working with engineers, contractors, developer and City of Valley City to extend the water and sanitary sewer mains, and electrical service to the site. Coordinated and guided company as well as developer through annexation, rezoning, and construction permitting. The community also invested $150,000 in this project and provided property tax incentives.

Ashtabula I, II & III / Next Era Energy

The Ashtabula Wind I, II and III Energy Center is the largest wind farm in North Dakota, US. Ashtabula Wind I and III are located in Barnes County and Ashtabula II is located in Griggs and Steele Counties. Together they produce enough electricity to power 99,000 homes. The $350 Million wind farm has 250 turbines that are 260 feet in height spread across 77 square miles. The three plants are operated by subsidiaries of NextEra Energy Resources, the largest wind power generator in the United States.

Glacier Ridge Wind Farm, LLC

Upon completion, the 300 MW Wind Farm would include 87 turbines and an estimated $375 Million investment encompassing over 34,000 acres of land. Limited construction began in 2016 with commercial operations to start by the end of 2020. The farm is located about five miles north of Interstate 94 and west of ND Highway 32 in northeastern Barnes County. Glacier Ridge’s parent company is Renewable Energy Systems Americas Inc. (RES Americas).

TC Energy

TransCanada Corporation, a Canadian company and sole owner, operates a $2.1 Billion, 30-inch-high pressure crude oil pipeline that extends from the oil sands area of Hardisty, Canada to Patoka, Illinois, a total of 2,147 miles. The three phases of the Keystone Pipeline have the capacity to deliver up to 1,290,000 barrels per day to Mid-West and Texas refineries. Phase III was completed in 2014 and consists of the extension to Cushing, Oklahoma.

Available Properties

Valley City established industrial and technology parks to assist and locate new and growing companies, create career opportunities and capitalize on the region's talented workforce.

We are looking for growing companies with whom we can partner. We will work with you to understand and help solve business problems. We have the experience. Whether your company is engaged in advanced manufacturing or technology, we're ready!

I-94 Regional Corridor

Located off exit 294, the I-94 Regional Development Corridor is ready for you! - 115 Acre industrial/commercial development corridor - 20 Acres available - Fully developed industrial/commercial site with electric, water, sanitary sewer, storm sewer and concrete frontage road -Other utilities include natural gas and telecommunications -Adjacent to I-94 Business Loop/Exit 294 - Flexible lot sizes of 8 acres to 12 acres - Zoned Light Industrial - $75,000 to $125,000 per acre. Incentive pricing available. - Owned by the VCBCDC

Regional Technology Center

This well-connected facility has plenty of space that can be customized for you! - 20,000 sq. ft. Technology Center - True redundancy with dual routes through two separate service providers - Full connectivity - Two conference rooms, break room, work room, two garages, and parking - Back up generator - Secured building - Multiple service providers

Northwest Industrial Park

Adjacent to a county highway and close to a rail line, this industrial park is poised for growth! Land – 30 acres available for development Utilities -City of Valley City – 12” water main, 10” sanitary sewer main, municipal power – 25 Mega Watt substation -Montana Dakota Utilities – 3” natural gas line Burlington Northern Railroad –Main line and rail spur; easement in place to extend rail spur Roads -Connected to Main Street and the I-94 Business Loop -County Highway 22 adjacent to the site

Technology Park

Financing & Incentives

Economic Development Funds

City sales tax and County Mill levy provide funds to primary sector businesses.
Can be used for equipment, real estate, working capital, job training costs and other specific needs.

Property Tax Exemption

Up to 100 percent property tax exemption (except land) for a maximum of 5 years.
Production of agricultural commodities are eligible for an extended property tax exemption of up to 100 percent for up to 5 additional years.

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PILOT (Payment in Lieu of Taxes)

Program can be used in addition to, or in place of, the property tax exemption.
Project operator and municipality negotiate the amount of payment and the period of time which the payments will be made
Maximum benefit not to exceed twenty (20) years from the date project operations begin

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Renaissance Zone

Qualified projects can receive property and income tax exemptions of 100 percent for five years if investors develop or enhance properties in the Renaissance Zone.
Tax credit is allowed for income tax purposes or financial institution tax purposes for making an investment in the preservation or renovation of zone project property consisting of historic property and for investment in a Renaissance Fund Corporation.
- Credit is equal to 50 percent of the amount invested during the tax year. If the credit exceeds the taxpayer’s tax liability for the tax year in which the investment is made, the amount of the credit in excess of the tax liability may be carried forward and used in the five tax years following the tax year in which the investment is made.

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Tax Increment Financing

Future additional property taxes generated by improved property are used to finance the cost of land acquisition and improvements including infrastructure and site preparation.

Business Climate

Demographics

Population

Valley City - 6,559
Barnes County - 10,806
North Dakota - 774,948

Median Age

43.5

Labor Force

5,121

Population Age Groups

Under 25 - 29.9%
25 to 44 - 21.8%
45 to 64 - 25.2%
65 and older - 23.1%

Average Annual Wage

Barnes County - $47,424

School Fall Enrollment

K-12 Public School - 1,407
Valley City State University - 1,658

Highest Educational Attainment

No HS Diploma - 5.8%
HS Diploma or Equivalent - 29.8%
Some College, No Degree - 21.0%
Associate's Degree - 12.9%
Bachelor's Degree - 22.5%
Graduate or Professional Degree - 8.0%

Race and Ethnicity

White - 93.7%
Black or African American - 1.7%
American Indian and Alaska Native - 1.7%
Asian - 1.1%
Native Hawaiian and Other Pacific Islander - 0.1%
Other Race or Two or More Races - 1.8%
Hispanic or Latino - 2.4%
Not Hispanic or Latino - 97.6%

Area Profile

Per Capita Personal Income

Barnes County - $64,242
North Dakota - $60,541

Barnes County Land Area

Valley City - 3.14 square miles
Barnes County - 1,513 square miles

Climate

Average Winter Temperature 15 degrees F
Average Summer Temperature 76 degrees F
Average Annual Precipitation 18.9 inches

Largest Employers in Barnes County

Open Door Center
Valley City State University
John Deere Seeding Company
Sisters of Mary of the Presentation
Valley City Public Schools
Barnes County
Sheyenne Valley Special Education unit
Leevers Super Valu
ND Dept of Transportation

Housing Units

Barnes County - 5,675

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Business

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Financing

Available Properties

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Learn More

Business Climate

Success Stories

Available Properties

I-94 Regional Corridor

Regional Technology Center

Northwest Industrial Park

Technology Park

Financing & Incentives

Economic Development Funds

Property Tax Exemption

PILOT (Payment in Lieu of Taxes)

Renaissance Zone

Tax Increment Financing

Business Climate

Demographics

Area Profile

(701) 490.9010
info@developvcbc.com

250 West Main Street
Valley City ND 58072

© 2022 by Valley City - Barnes County Development Corporation