Hibbing Economic Development Authority Agenda December 2025
HEDA Approves Equipment Agreement With AMGS
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Description
HEDA authorized an agreement with Advanced Machine Guarding Solutions to procure equipment for its expansion project using a $500,000 IRRR building loan. Following payment of an AMGS invoice, over $544,000 remains allocated for related repairs, maintenance, and office build‑out.
Contract Details
Contract Amount
$500,000 IRRR Building loan funding for equipment; $544,211.31 remaining after AMGS invoice payment
Vendor
AMGS
Agency
City of Hibbing, MN
Contract Type
EQUIPMENT
Document Date
December 8, 2025
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