2006
January
Mitchell and Mower counties offered incentives and the board members chose to go with Mitchell County.
March
The required amount of capital was raised to proceed with the project.
April
First well was drilled with excellent volume and quality.
June
Major dewatering system was installed. Had first full board meeting with all board members attending.
July
Escrow closing.
Began dirt work.
August
Things are proceeding well, currently we are ahead of schedule.
Loan closing with Home Federal and AgStar.
Groundbreaking celebration.
September
Fagen, Inc. arrived.
Drilling was completed for third well (Well # 1: 360 feet deep, Well #'s 2 and 3: 442 feet deep).
Notice to Proceed was sent to Fagen, Inc.
The project is ON SCHEDULE: 3,250 yards of concrete have been poured with 55 employees on site.
