NEW JOBS: City approves loan for Blue M. Medical

COLUMBIA CITY — Another step was taken for a potential new company hoping to locate in Columbia City and bring five to eight jobs to the community.Blue M. Medical is the name of a company that Bill Smith, of Whitley County, will be starting. It will be a medical device manufacturing company.Last Tuesday at the Columbia City Board of Works and Safety meeting, the board approved applying for a loan with the USDA, with the funds going toward Smith’s company.The Rural Economic Development Loan from the USDA will be $115,000, which will help fund the $143,750 project for Blue M. Medical. The proposal came to the Board of Works because the USDA loan will go through the city’s electric department, thus making it a utility decision.To read the rest of this story, see the July 1 issue of The Post and Mail. Don't have a subscription? Call (260) 244-5153 or subscribe to our e-edition. For breaking news, sports updates and additional coverage, bookmark the homepage and find us on facebook and twitter.