Larson Boats Receives Morrison County Rural Development Support to Expand Triumph Boats in Little Falls, MN

Larson Boats moves the Triumph Boat Company to Little Falls, MN with assistance of community.

2012-01-13

LITTLE FALLS, MN, January 13, 2012 (Press-News.org) On January 4th, 2012, the Morrison County Rural Development Finance Authority presented Al Kuebelbeck, President of Larson Boats, a check for $500,000 as a loan for the Triumph Boats expansion. As the funds are paid back to the Rural Development Finance Authority they will be used to assist other businesses in Morrison County.

Kuebelbeck stated, "I especially appreciate the efforts of Carol Anderson at Morrison Community Development, the community of Little Falls, and other organizations who partnered with us to provide additional funding to work with Larson Boats through these difficult economic times."

This recent round of funding will result in positive economic activity for Little Falls boat manufacturing activity.

"The State of Minnesota/Morrison County Rural Development Finance Authority Funding assisted us to move the Triumph Boat Company from North Carolina to the Little Falls facility," explains Kuebelbeck.

Early in 2010 five lenders united to assist Larson Boats in their efforts to keep about 170 jobs in Little Falls. Since that time, Larson Boats has continued efforts to expand and this recent round of cooperation demonstrates the commitment of Morrison County Rural Development Finance Authority, Community Development of Morrison County and Carol Anderson.

"We are very pleased to see Larson Boats investing in our community," stated Carol Anderson, Executive Director of Community Development of Morrison County.

(Pictured with Al Kuebelbeck is the Morrison County Rural Finance Authority Board of Directors from left to right: Mark Gerbi, RA Randall Insurance; Little Falls Council President Don Klinker; Carol Anderson Executive Director of Community Development of Morrison County; Little Falls Mayor Cathy VanRisseghem; Al Kuebelbeck; Commissioner Duane Johnson; County Auditor/Treasurer Russ Nygren; Pine Country Bank President Rob Ronning; and Commissioner Jeff Schilling.)

COMMUNITY DEVELOPMENT OF MORRISON COUNTY can be found on Facebook (https://www.facebook.com/#!/cdc.morrison.mn.us). Community Development of Morrison County provides assistance in many areas important to business expansion or new location such as attractive financing, identification of potential employees, employee training, local government support, identification of real estate and necessary support services for your company. Please find Larson Boats online at http://www.larsonboats.com/

LARSON BOATS has made a commitment to delivering a superior family boating experience since 1913. In a world where nothing seems to last, that single promise has been fulfilled thousands of times. It's our way of fulfilling Paul Larson's century-old commitment to combining the best performance with the best value in every boat we build.

MORRISON COUNTY, MN is located approximately 100 miles northwest of Minneapolis/St. Paul, in central Minnesota at the junctions of Highways 10, 27, and 371.

MEDIA ONLY Contact:
Heidi Thielen
Golden Shovel Agency
+1-888-266-4778
hthielen@goldenshovelagency.com

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Larson Boats Receives Morrison County Rural Development Support to Expand Triumph Boats in Little Falls, MN

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