Looking to start up or move a business?
Hoyt Lakes has many opportunities for economic development within the City. Land and buildings are available for light or heavy industry and the City of Hoyt Lakes will work hard to help you arrange a favorable financial package. Contact the East Range Joint Powers Board for more information.
The East Range Joint Powers Board oversees economic and community development on behalf of the cities of Aurora, Biwabik, Hoyt Lakes and the Town of White.
Iron Range Resources & Rehabilitation Board4261 Hwy 53 South
Eveleth, MN 55734
PH: (218) 735-3000 or 800-765-5043
Iron Range Resources & Rehabilitation Board (IRRRB) is a State of Minnesota development agency located in Eveleth, Minnesota. IRRRB’s mission is to promote and invest in business, community and workforce development for the betterment of northeastern Minnesota.
IRRRB provides vital funding, including low or no interest loans, grants and loan guarantees for businesses relocating or expanding in the region. Additionally, a variety of grants are available to local units of government, education institutions, and nonprofits that promote workforce development and sustainable communities.
A member organization of professionals representing
Laskin Energy Park
The Laskin Energy Park is a 200-acre industrial park located in Hoyt Lakes between Colby Lake and Partridge River on the eastern end of Minnesota's iron-laden Mesabi Range. An ideal location for companies looking to leverage our mineral mining and wood assets. The region has a rich tradition of supplying iron ore to the nation’s steel industry and is on the cusp of mining and processing the world’s largest known undeveloped copper, nickel, and other precious metal deposits.