I love to share stories about what works when good broadband and innovation meet to the advantage of rural development. Today’s happy story comes from Gibbon, MN.
Winthrop News reports…
The Gibbon City Council has agreed to sell the State Bank of Gibbon building to Corey Theis of Gibbon. The Council asked $14,000 for the building, the amount of expenses that I has in the building.
Theis will pay 25 percent down with the balance on a four year contract for deed at zero percent interest.
Plans for the building is to create a home for a startup 3D printing service shop that will be owned and operative by a local resident of the community. Theis stated that to start with the building will be capable of making various types of plastic parts for jigs, and fixtures, manufacturing tooling, prototypes, product development and engineering consulting.
Gibbon has FTTP through RS Fiber. That makes is possible to download, upload, transfer large design files that would likely be used in 3D printing.