The Hutchinson City Council this week unanimously approved a loan for Zephyr Wind Services LLC, the company that is now operating out of what was the NuCrane Manufacturing building on Highway 7 West.
Hutchinson Economic Development Authority Director Miles Seppelt:
Seppelt explained to the council the company’s process:
Seppelt explained how much, and where the money would come from:
In order to get the loan, Zephyr had to commit to creating at least 5 full-time jobs within the next two years and pay at least the required minimum wage, which under the guidelines would be $12.38 an hour.
However, Seppelt says the company says those numbers are conservative: