Published On: Thu, Sep 19th, 2013

Investment group seeks to move businesses here

CENTER — Positive results from the Rural Business Relocation and Acquisition Program could be in the works for Knox County.

Economic Development Director Matt Cerny gave an update on the Rural Business Relocation and Acquisition Program during the Sept. 12 Supervisor meeting.

Knox Co. Development Agency will be working with Crossroads Community Advisors, a consulting firm out of North Dakota.

“Crossroads will be analyzing business leads and looking for a business that can be moved to Knox County,” Cerny said. “I am applying for a $4,000 grant that will be used for the program.”

In August, a representative from Crossroads completed a two-day tour through the county to evaluate rural communities for economic development.

Cerny is also working with each community in the county to set up an investment group.

“I am trying to get the word out to the communities,” Cerny said.

The money from the investment group would be used to purchase and move a business to their community if it would be a good match.

Frac Sand testing will be done at a several locations in the county,  according to Cerny.

“We need to get a gallon of sand from each location that will be tested,” Cerny said. “The sand will be tested in a lab to see if there is some value.”

Frac sand refers to the fine white silica or quartz sand that is in high demand.