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Monday, July 09, 2012 9:08:24 PM
Polysilicon Recycling Facility
MERDI is currently working with an investor group to establish a polysilicon recycling facility to be located within the Tax Increment Financing Industrial District (TIFID,) near Butte. The polysilicon recycling plant will employ up to 32 persons. MERDI secured grant funding to conduct preliminary engineering and a feasibility study. MERDI prepared a business plan and financial model and is currently securing funding for final facility design and construction.
Montana Aerospace Development Association
MERDI was instrumental in the formation of the Montana Aerospace Development Association (MADA.) The goal of MADA is to provide a venue to market the aerospace resources in Montana on a national and international level. MADA is currently developing and jet and rocket engine testing facility near Butte. The facility will provide a location to test cutting edge technologies in both jet and rocket engine design. The first testing is scheduled to take place July, 2008.
Basin Creek Power Plant
MERDI formed a partnership with an independent power producer to build a 40 MW fast-fired peaking facility to augment the Judith Basin wind turbine project. MERDI provided equity investment, financial planning, funding support, and inter-governmental relations for the partnership.
Montana Resources Reopening
MERDI provided inter-governmental relations and financial consultation on identification and securing of state and local incentive programs to reopen the Montana Resources mine. The mine successfully reopened in 2003, providing over 300 jobs to Butte and surrounding areas. Since the reopening, Montana Resources has been responsible for millions of dollars flowing back into Butte, both in property tax and gross proceeds.
http://www.merdi.org/
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