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The City of Malad has a
growing economy. It is a perfect location for small businesses or
existing industries that are looking to open a new firm, or
relocate. Employees of local businesses love the small town
atmosphere, but also enjoy the comforts that larger cities have to
offer. Malad draws from a large workforce with a history of
excellent work ethics.
Low interest rates from the SICOG Revolving Loan Fund and the SBA are available. Idaho has also reduced it Workers Comp rate. Distribution is facilitated by the fact that Malad is located between several larger cities, such as Pocatello ID, and Logan UT. Salt Lake City is only 1.5 hours by freeway. Use the local Airport to hop to and from other cities for important meetings or vacations. The Industrial Park is in a prime location for industries. It has railroad services, and is located near an Interstate 15 Exit. Rent is only $20 an acre per month!! There is power, sewer, water and roads already in place.
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Malad City is a short distance from several Universities and technical schools. This provides and excellent employee base. (Idaho State University 50 min., ISU Applied Tech. 50 min. Utah State University 45 min. Bridgerland Technical/Business College 50 min. Weber State University 1 hr. Eastern Idaho Technical College 90 min. Boise State University 4 Hr.) The Idaho National Environmental Engineering Laboratory located only a few hours away offers companies the ability to form technology partnerships. The INEEL also works with educational institutions to ensure that graduates are highly skilled in technical areas. A skilled employee base is already present in Malad and the surrounding towns. Most residents currently work for industries such as Thiokol, La-Z-Boy chair company, Nucor Steel, etc.. The local high school offers several technical certification programs (A+, Cisco CCNA, Novell CNA, Microsoft MCP). The students enrolled in these computer training courses are skilled in networking, hardware/software maintenance and design of multimedia applications. Also housed within Malad High School is a Distance Learning Center. This CanaMex corridor would pass through Montana, Idaho, Utah, Nevada and Arizona and the draft plan estimates it would Five western states Idaho, Montana, Utah, Nevada and Arizona are proposing a plan to develop a corridor of innovation along Interstate 15 from Canada to Mexico.Known as the CanaMex Corridor Plan, it puts forth five main initiatives for achieving its goal of enhancing transportation, distribution, commerce and tourism in the five U.S. states. (From Idaho State Journal)
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