By Scout Nelson
David Clingan, director of recruitment and retention for Grow Hays, announced the completion of a new microfactory in Hays, Kansas, which aims to spur economic growth by supporting local businesses.
The facility, unveiled during the April 5 First Friday e-Call, provides a flexible space for businesses to start and grow without the high initial costs typically associated with manufacturing.
The microfactory offers 30,000 square feet of space, including offices and meeting rooms, with leasing options ranging from 2,500 to over 8,000 square feet.
This setup is tailored for businesses at various stages—from startups working out of homes to small businesses looking to expand.
Clingan highlighted that the project was particularly focused on attracting businesses that are not yet ready to commit fully to the area.
Supported by Grow Hays, the microfactory project addresses a critical gap in the local infrastructure, where there was a notable lack of facilities capable of handling production needs.
"A third problem was that for new buildings, there was a high lease rate," Clingan explained, noting the financial barriers faced by emerging businesses.
The initiative aims to equip businesses with the necessary tools for success, providing a stepping stone to eventually scale up operations. The lease terms are set from one to three years, offering flexibility and encouraging businesses to establish a more permanent presence in western Kansas as they grow.
Through this project, Grow Hays hopes to create a vibrant community of innovative businesses and entrepreneurs, fostering economic vitality in the region.
Photo Credit -gettyimages-sisoje
Categories: Kansas, Business