Keith Vandervort
ELY – Travelers entering Ely on Highway 169 this fall could be able to stop into a brand new visitor center in the shadow of a freshly-painted water tower emblazoned with the city’s new logo.
Council members Tuesday authorized soliciting construction bids for the centerpiece of a multi-million-dollar redevelopment project for the city’s west end, and gave the go ahead for the water tower repainting project despite exorbitant cost estimates.
As much as $3 million, in two separate state bonding allocations, aisallocated for what has been dubbed the “west end trailhead project.” The first phase, at $1.3 million, was completed last year and included infrastructure and road construction at the city’s west entrance.
Market Overview
Market Research Future (MRFR) expects the storage tank market 2020 to progress at a rate of 4.8% between 2018 and 2015 (which is the evaluation period). We will provide covid-19 impact analysis with the report, offering an in-depth review following the coronavirus disease outbreak.
Key Boosters and Main Barriers
With the COVID-19 outbreak, various lockdown interventions have been initiated across countries and the global economy has come to a standstill. Lower consumption, lower production, lower trade and lower investments have led to weakened demand, as the pandemic affected the manufacturing sector significantly in the space of a few months. The energy demand across the globe has dropped notably, leading to more oil & gas production that has in turn, resulted in falling storage capacity of prominent fuel consuming countries. Social distancing practice has caused decline in fuel consumption in industrial and personal settings. This trend could be profitable