Completed Projects

VCDC and the community of Velva have continued to work to be ahead of the trends and keep the infrastructure and economic development growing. The ADM Biodiesel Production facility east of Velva in the industrial park is a project which sustained the facility and added new jobs. The 85 million-gallon facility is located adjacent to ADM’s existing canola seed crushing facility, and uses canola oil as its primary feedstock.

“As global demand for energy grows, renewable fuels from crops play an increasingly important role in the world’s energy supply,” said John Rice, executive vice president, Commercial and Production. “The opening of this biodiesel facility is the next step on a journey that will strengthen rural economies, reduce overall pollution and improve the energy security of our nation and our world.”  Construction on the Velva biodiesel facility began in April 2006.

Velva can also be proud of extended financial institutions with People’s State Bank and Northern Tier Credit Union. Northern Tier Credit Union completed a new facility on Main Street in 2010 with drive-up windows and expanded space to meet the growing needs of the community and region.

Also growing in the community is Main Street retail and dining. With VCDC’s assistance, a local contractor was able to rehabilitate a building on Main Street. The Pioneer Bar and Steakhouse has used VCDC programs to remodel and expand to provide a dining destination for the region.

As a full-service community, Dr. Colleen Hofer used the Flex Pace program to purchase and expand the dental services in the community. Recent expansions at Velva Fresh Food also added services and new equipment, creating a full-service community.

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