CNH To Expand In Fargo, ND

Case New Holland has reportedly requested a five-year tax break on a 20,000-square-foot manufacturing space for making tractor and combine parts in Fargo, ND. The parts would be shipped to other plants in North Dakota, Nebraska and Belgium. The company says the expansion will add 48 jobs with an annual payroll of more than $3 million.

City Assessor Ben Hushka says that granting the tax break would eventually add $53,000 to the city’s tax roll and benefit Fargo by adding jobs. The addition is expected to cost $3 million. Case New Holland previously requested, and was granted, tax breaks for an expansion that added more than 250 jobs.

In similar news, officials with Federated REA and USDA Rural Development presented AGCO with a $740,000 no-interest loan for up to 10 years. The loan will be directly applied to a major expansion project nearing completion on the AGCO Jackson campus.