Vermillion Economic Development

MASABA Inc. on relocating to Vermillion

Masaba Inc., a manufacturer of mining equipment, relocated its operation from Akron, Iowa to Vermillion, S.D. a move which has created over 80 jobs in the past three years. Masaba originally constructed a 100,000 sq. ft. facility and has recently added an additional 60,000 sq. ft.

"The availability of a labor market was a key issue for our company, and the local and state support to pull together as a team effort in Masaba's relocation has made the difference in our decision to move to Vermillion SD," says CEO Jerad Higman. The states comprehensive financing package along with the local tax incentives and job creation programs sealed the deal when discussing other state alternatives. On a personal note, "the University of South Dakota's educational, cultural and athletic programs were a huge attraction to my family, as well as to the families of our employees."

Jerad Higman, CEO
Phone: 712-898-3740
www.masabainc.com

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