At the March Board of Directors meeting, Dan Markham, APEX Vice-Chair, shared several regional success stories involving APEX investor-members. Highlights included:
- College of St. Scholastica for receiving a $10,000 grant from the National Center for Women & Information Technology
- ALLETE Clean Energy who finalized the purchases of wind farms in Minnesota, Iowa and Oregon
- Essentia Health, who will build a state-of-the-art $12 million cancer center in Ashland, WI in partnership with Memorial Medical Center
- maurices' donation of the Company’s downtown building to the University of Minnesota Duluth
APEX staff monitors regional and statewide news publications and captures stories that involve investor-members. See the most recent coverage of APEX investor-members in the news.
Attraction and Expansion Efforts
Brian Hanson, APEX President and CEO, shared an update on the organization's deal sheet with investor-members at the March Board of Directors meeting. A new deal sheet, pared down to the most viable, higher-probability prospects, was provided to investor-members. Hanson indicated that the APEX staff is focusing on the highest-value prospects in attraction and expansion efforts, including Direct Reduced Iron/Hot Briquetted Iron prospect International Metallics Corporation, four Liquefied Natural Gas (LNG) prospects and two regional retail projects.
"The tides have changed considerably in the past several months," stated Hanson. "In several cases, APEX and regional partners are being courted by companies assessing the region, rather than courting. These companies understand the benefits our region has to offer and are seeking insights and collaboration. It affords us a unique opportunity to conduct due diligence and assess viability earlier on in a potential project."
If APEX investor-members would like to review the deal sheet with an APEX team member, contact Sandy Johnson to arrange a meeting.
Brian Hanson will be traveling to Orlando, FL, March 24-26, to attend the largest biomass conference in North America. The conference is attended by industry leaders from the biogas, pellet, biomass power and thermal and advanced biofuels sectors. There are four program tracks available for pellets and densified biomass, biomass power and thermal, biogas and landfill gas, and advanced biofuels and biobased chemicals. In addition to attending the conference, Hanson will also be meeting with site selectors and companies that are interested in the region's supply chain and credentials.