Dept. of Commerce: Gov. Doyle Announces Milk Volume Production Loan
For Release: March 25, 2004
Contact: Tony Hozeny, 608/267-9661
MADISON- Gov. Jim Doyle today announced that Hillsprairie Dairy,
LLC, Hillsboro, Vernon County, will receive a Milk Volume Production Program
loan totaling $250,000 to expand its dairy operation.
"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 demands of the cheese market."
"We are committed to promoting rural economic development and strengthening
the agricultural infrastructure," Department of Commerce (Commerce)
Secretary Cory L. Nettles said. "The loan will allow Hillsprairie Dairy, LLC
to increase production efficiency."
Hillsprairie Dairy, LLC is investing $3.8 million to expand and modernize
its fifth-generation family business that has operated in Vernon County
since 1855. This project will create five positions. The loan will be used
to populate the facility with 500 cows.
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.