Mesa Grande Band buys stake in housing factory
Thursday, March 27, 2008
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Business
The
Mesa Grande Band of Mission Indians is buying a 25 percent stake in a housing factory in Otay Mesa, California.
The tribe is using a $1.25 million federal grant to invest in the factory. The goal is to encourage employment and economic development.
The Paradigm Group says the housing factory is doing well. “We have a much greater demand than we do supply,” chief executive Mike Smith told The San Diego Union-Tribune.
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Tribe takes stake in housing factory at Otay Mesa site
(The San Diego Union-Tribune 3/27)
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