State fund to help Barrel O' Fun's $17.56 million expansion project
An application for $500,000 from the Minnesota Investment Fund will be sought by Perham to help finance the $17.56 million Barrel O' Fun expansion.
The expansion of the snack company's pretzel and tortilla chip production is expected to create up to 100 new jobs.
Financing for the project includes $15 million in bank loans, and $2 million directly from Barrel O' Fun-KLN Enterprises.
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