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Ronan, Montana based Outdoor Power Equipment, Inc. (OPE, Inc.) Receives Economic Development Block Grant

Local manufacturer receives economic development loan

The Montana Department of Commerce recently awarded a $400,000 economic development Community Development Block Grant to the City of Ronan for support of OPE, Inc., a local manufacturer.

The loan funds will be managed by the Lake County Community Development Corporation and once they are repaid by OPE, Inc. the funds will be available for re-lending to other businesses in the area.

Outdoor Power Equipment, Inc. (OPE, Inc.) is a licensed affiliate of CORE Motion, Inc., owners of an advanced energy and motion technology developed locally in the Mission Valley over the past eight years.

Full Story: http://www.charkoosta.com/2011/2011_07_21/Local_manufacturer_receives_grant.html

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