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State Grants for Businesses Attracting New Modular Builder, Tech Companies

November 8th, 2017 Comments off

TruHomesMontanaModularHomeExteriorManufacturedModularHomeIndustryDailyBusinessNewsMHProNewsTechnology companies and a new modular home builder are among those that have obtained grants, or applied, to create more high-paying jobs over the next two years in, per the Missoulan, in Montana.

Nicole Rush, the grants manager for the Missoula Economic Partnership, spoke to the Missoula City Council last week and detailed a long list of companies in town that have applied for the grants,” said the Missoulan. “The money comes from the state’s coal severance tax, and the businesses can get reimbursed for up to $7,500 for each job created, as long as they pay at least 170 percent of the state minimum wage. To get the top award, each job has to pay the Missoula County median wage, which is $18.50 per hour.”

Since the program was created in 2005, Missoula has leveraged more job creation funds (than other Montana city),” Rush said.

Besides some tech companies, there is “Tru-Home Montana, a manufacturing company that is proposing to build sustainably-built, manufactured homes indoors, was awarded a grant to create six jobs,” per the Montana publication.

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But the homes – per the Tru-Homes Montana website – states the homes are modular homes, as opposed to HUD Code manufactured homes.

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According to the Tru-Homes Montana website, “Whether this is you first home, or your last, we’re here to help you create your dream home. We love to build Tru. Tell us your story. We’ll tell you ours.”

The modular firm says they expect to save about 20 percent off the cost of a conventional house, per their website. ##   (News, announcement, commentary.)

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.