# UMC receives approval and grant for 52,000 sq ft expansion in Monticello

UMC received city approval and a $300,000 grant from the Minnesota Investment Fund for a 52,000 sq ft expansion adjacent to its existing facility in Monticello, Minnesota. Construction is targeted to start April 25, 2020, and the expansion is expected to create 60 new jobs.

- Type: Expansion
- Announced: 2020-03-16
- Where: Monticello, Minnesota, United States
- Value: $300K
- Jobs: 60
- Status: announced
- Capacity: 52,000 sq ft
- Products: precision manufacturing services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Medical Devices](https://endata.com/sectors/medical-devices.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Ultra Machining Company](https://endata.com/companies/45946.md)

## Sources

- [ultramc.com](https://www.ultramc.com/news/umc-receives-city-approval-and-grant-for-expansion-project/), 2020-03-16: "The expansion is expected to generate 60 new jobs within the first three years of the expansion and generate a new tax base through the construction of the 52,000 square foot facility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.