6.5 EDSR 01-21-2014 - Laserfiche WebLink

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Strategic Goals: Business Expansion • Retain and expand existing businesses Success Stories: Blue Egg Baker ,_ Sweet growth experienced by the Blue Egg Bakery s Blue Egg Bakery,a fixture in Downtown Elk River since April,2012,to indude 707 Main street.Made possible with the Downtown Rehabilitation Micro Loan secured through the city of Elk River's Economic Development division.They used much of this money to purchase needed equipment.In the newly remodeled building the Blue Egg Bakery will expand its offerings to include special occasion cakes,fudge and candy.Having these two locations will increase the variety of products offered and help generate more foot traffic for our downtown. i ,, v . " x taw► vikefr .-- i t .mow � �. y c�..� �,.1' C ,. ti .z;ri THINE, INC Home grown business, Alliance Machine, Powered by Expansion On October 22,Alliance Machine cut the ribbon on their 17,250 square-foot expansion. The expansion will welcome more jobs and expand their capabilities to produce parts for the defense and aerospace industries,including global companies Boeing,and Airbus. The Affiance Machine expansion brings more than additional jobs. A portion of the expansion is dedicated to provide employee training, through the Minnesota Job Skills Partnership Program funds. Alliance Machine has partnered with Anoka Technical College,Anoka Ramsey Community College and Elk River High School to promote manufacturing as a profession and to entice skilled workers who can seamlessly move into the workforce. The City of Elk River was able to extend support through a forgivable loan in the amount of$200,000. Mayor John Dietz spoke at the ribbon cutting adding"We would like to thank Bryan[Provo,owner of Alliance Machine] for his hard work and dedication in supporting Elk River by providing additional employment,investing in our youth,giving back and volunteering in the community.It is an honor to watch your company to grow and we look forward to partnering with you again." ORLUCK I N D U S T R I E S Orluck Industries continuing to grow Orluck Industries is a precision machine shop that specializes in complex projects which require high levels of precision. They work with materials from plastic to titanium,and focus on technology and craftsmanship.In spite of the economy,Orluck is experiencing exceptional growth while capital- izing on an expanding aerospace and military manufacturing sector.Orluck Industries manufactures components for the military and aerospace indus- tries,including the CH-47 Chinook,F-16,A380,A330,A400M platforms and Delta and Atlas Rockets. Orluck added 12,000 square feet to their facility,originally constructed in 2007. The expansion will allow for 6 additional higher wage jobs and house additional precision equipment to facilitate ongoing growth.