Dept. of Commerce: Gov. Doyle Announces Milk Volume Production Loans
1/22/2004

Contact:
Tony Hozeny,
608/267-9661

MADISON- Gov. Jim Doyle today announced that six Wisconsin dairy producers will share $547,500 in loans form the Department of Commerce (Commerce) Milk Volume Production Program.

"My Grow Wisconsin initiative calls for investing in our agricultural industry to improve prospects for future growth and development," Gov. Doyle said. "By providing low-interest loans for dairy producers seeking to expand their milk production capacity, we assist Wisconsin cheesemakers in having a supply of high-quality Wisconsin milk that will allow them to continue to meet the growing demands of the cheese market."

"We are committed to promoting rural economic development and strengthening the agricultural infrastructure," Commerce Secretary Cory L. Nettles said. "These projects could create 16 jobs and retain 21 jobs. The total new investment from these projects is $6.8 million."

The following summarizes the successful proposals:

Conard Farms, LLC, New Franken, Brown County, $50,000 Milk Volume Production (MVP) Loan. Conard Farms, LLC farms 878 acres and milks 200 cows. It is investing $817,000 to expand and modernize the dairy operation. This project will create two positions and retain two positions. The loan will be used to add 100 cows to the facility.

Coqui Dairy, LLC, Kewaunee, Kewaunee County, $110,000 MVP Loan. Coqui Dairy, LLC is investing $684,000 to start a new dairy operation. This project will create three positions. The loan will be used to populate the facility with 220 cows.

DeGrave Dairy Farm, Casco, Kewaunee County, $87,500 MVP Loan. DeGrave Dairy Farm milks 225 cows. It is investing $2.2 million to expand and modernize the dairy operation. This project will create three positions and retain four positions. The loan will be used to add 175 cows to the facility.

Haase Dairy, Inc., Somerset, St. Croix County, $100,000 MVP Loan. Haase Dairy, Inc. milks 175 cows. It is investing $1.2 million to expand and modernize the dairy operation. This project will create four positions and retain two positions. The loan will be used to add 200 cows to the facility.

Kutz Dairy, Jefferson, Jefferson County, $150,000 MVP Loan. Kutz Dairy farms 715 acres and milks 480 cows. It is investing $1.3 million to expand and modernize the dairy operation. This project will create three positions and retain 10 positions. The loan will be used to add 300 cows to the facility.

Ridge-Vu Dairy, LLC, Wilton, Monroe County, $50,000 MVP Loan. Ridge-Vu Dairy, LLC farms 570 acres and milks 100 cows. It is investing $583,350 to expand and modernize the dairy operation. This project will create one position and retain three positions. The loan will be used to add 100 cows to the facility.

All Wisconsin dairy producers, both existing and start-up, are eligible to apply for the Milk Volume Production (MVP) Program. Awards will be made on a competitive basis. Commerce will require that applicants submit comprehensive business plans. The agency will seek to maximize the program's impact by participating in projects that increase milk production capacity and demonstrate a need for additional financing.

Dairy producers interested in learning more about the MVP Program should contact Tim Griswold, Commerce, at 608/266-7370.




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