cschuldt@nujournal.com
NEW ULM The New Ulm Economic Development Authority (EDA) approved a $50,000 loan to M&K Forestry & Land Management Services, Monday during a special meeting.
This loan would be used for M&K to purchase equipment needed for business operations.
The EDA previously tabled a decision on the loan during their regular meeting on April 12. At that time the board had concerns about the number of employees being hired. The only jobs being created by the business were the two owners, Mike Vetter and Kris Mathiowetz. In addition, the board wanted the owners to present a business plan to the Small Business Development Center (SBDC).
The Yankee Air Museum’s B-25D Mitchell 43-3634, long known as
Yankee Warrior, has recently undergone refinishing into the original colors worn when she emerged from the North American Aviation assembly plant in Kansas City 77 years ago. The airplane now reflects her true role in America’s history as a combat veteran flying out of Corsica in the Mediterranean Theater of Operations.
Kalitta Air, a worldwide leader in specialized, on-demand airfreight services agreed to restore the exterior finish of the Yankee Air Museum’s B-25 Mitchell bomber. Coincidentally both organizations are based at Willow Run Airport in Michigan.
“Kalitta Air and Kalitta Maintenance are making a fantastic contribution to aviation history,” exclaimed Kevin Walsh, President and CEO of Yankee Air Museum.