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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />2.5 <br /> <br />FUTURE PROSPECTS <br /> <br />The outlook for the Greeley and Weld County area continues to be positive, particularly in the <br />ares of agriculture. mining and business development. <br /> <br />Weld County maintained its number four national ranking for agricultural products sold. <br />according to the 1990 U.S, Department at Commerce census figures. The County also ranked <br />first in fIVe other agricultural census categories. These census ratings do not reflect the recently <br />completed 50 million dollar National Hog Farms facility. the opening of the Montford lamb plant. <br />and several additions to the Longmont Foods facilities. <br /> <br />National Hog Farms completed their facility in 1990, They will employ 200 people by mid-l991. <br />The facility Is expected to generate annual sales of 30 million dollars and a payroll of 36 million <br />dollars by doubling the number of hogs sent to market in Colorado, <br /> <br />Greeley's growth rate is projected to be 1.7 percent through 1995 according to the U,S, <br />Department of Commerce, Bureau of Economic Analysis. Oil and gas exploration and mining <br />activity has increased in 1990, and could increase the projected moderate growth rate, <br /> <br />Enrollment increased at the University of Northern Colorado and created a student housing <br />shortage. Increasing enrollment is expected to continue through 1992, <br /> <br />A new public golf course with a high quality residential subdivision. and a business and <br />Industrial park are expected to be completed in 1991. The project is a joint public and private <br />sector development. <br /> <br />2-5 <br />