United Poly Systems will not be building a plant in Minot's energy park.
Minot Area Development Corporation announced Friday that the Springfield, MO., based company has decided to cease their expansion plans to Minot. Many entities have been working on building the plant in the energy park, but delays in construction and other unforeseen circumstances caused the principals to withdraw, according to an MADC statement.
The City of Minot awarded UPS $800,000 in August 2013 to support the expansion, which was expected to build a 50,000 square foot manufacturing plant and hire 50 employees at full production. Both UPS and MADC have worked together since the award of the City of Minot's MAGIC Fund investment on engineering, grading specification and rail design for a 15 acre site in east Minot. To date there has not been any draws on the $800,000.
MADC officials said they will continue to look for businesses that diversify the local economy given the advantages and planned infrastructure that has been developed over the course of many years.
They also thanked the various partners who came together at the city level, private utility partners and MADC board members who were involved through the various meetings with UPS throughout the process.