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7.1 SR 07-01-2013
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7.1 SR 07-01-2013
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VIII. APPLICATION FOR TAX ABATEMENT <br /> A. APPLICANT INFORMATION <br /> Name of Corporation/Partnership Preferred Powder Coating, LLC <br /> Address 251 George Weber Dr Rogers, MN 55374 <br /> Primary.Contact Annie Deckert, Decklan Group <br /> Address 812 Main Street NW, Suite 250, Elk River MN 55330 <br /> Phone 612-564-0795 Email annie@decklangroup.com <br /> Brief description of the coiporation/partnership's business,including history,principal <br /> product or service: <br /> Preferred Powder Coating is a metal powder coating company that prides <br /> itself in environmental preservation and conservation, ensuring their work <br /> is done in an environmentally sensitive manner through a process known <br /> as EEP, or "Enhanced Performance Pretreatment" which was developed to <br /> meet the new phosphate restrictions, reduce water usage, lower chemical <br /> consumption and eliminate the natural gas needed to heat the stage. <br /> Preferred Powder Coating works with all types of ferrous and non-ferrous <br /> substrates including steel, aluminum, stainless, cast iron and zinc die <br /> castings. Preferred Powder works with a variety of industries that require <br /> premium powder services including, but not limited to: aeronautics, athletic <br /> equipment, automotive, die casting, medical equipment, OEM, recreational, <br /> retail and sheet metal. <br /> Brief description of the proposed project: <br /> Currently located in Rogers, MN in a 73,000 state of the art facility, Preferred <br /> Powder is looking to expand their operations and relocate to the City of Elk <br /> River. Elk River Economic Development Authority President Dan Tveite and <br /> Elk River economic development staff toured the facility with President <br /> Lloyd Peterson and Vice President of Operations Dan Bosshart to learn <br /> more about the company in late 2012. <br /> Preferred Powder currently employs 24 employees, and plans on creating <br /> 8-10 jobs within the next two years. They plan on constructing a 100,000 <br /> square foot facility which will not only increase Elk River's tax base; it will <br /> also generate excitement and momentum for the newly finished Nature's <br /> Edge Business Center, being as they will be the first to build in the park. <br /> Because of their operations, a rectangular shaped building is required to <br /> City of Elk River <br /> Tat Abatement Policy <br /> Amended May,2006 - 10- <br />
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