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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 pos~lve, partieulariy in the <br />ares of agriculture, mining and business development. <br /> <br />Weld County maintained ~s number four national ranking for agricultural proclucts sold, <br />according to the 1990 U.S. Department 01 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 add~ions to the Longmont Foods facilities. <br /> <br />National Hog Farms completed their facility in 1990. They will employ 200 people by mid-1991, <br />The facil~y Is expected to generate annual sales 01 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 exploralion 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 10 continue through 1992. <br /> <br />A new public golf course w~h 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 />seclor development. <br /> <br />2-5 <br />