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7.1. SR 10-20-2014
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7.1. SR 10-20-2014
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10/21/2014 11:06:04 AM
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00 <br /> 0 <br /> Y <br /> V yam. <br /> 2 <br /> go Q z <br /> O <br /> O <br /> The Coin-Tainer°Co. LLC <br /> Future Plans <br /> Coin-Tainer has recently moved to occupy 4 spaces, 20,000 sq ft, of the Industrial Circle <br /> property. If the Walters are successful in purchasing the building, The Coin-Tainer operation will <br /> expand to 25,000 sq ft within this same structure— on or before March 1St, 2015. <br /> Coin-Tainer does plan to continue renting space in the Elk River Industrial Park, especially if the <br /> building is purchased by The Walters. Although this new space isn't much larger than the <br /> previous facility, the space is laid out more efficiently for their process. The Industrial Park <br /> building also has more long term potential in terms of space available. The building as a whole <br /> is much larger but has current tenants that occupy several of the suites; these occupants may <br /> choose to move elsewhere in the future, leaving more space available to The Coin-Tainer <br /> Elk River is a fast growing community with many qualified applicants and better connected to <br /> both shippers and vendors. It will be an added benefit to operate Coin-Tainer in a more <br /> connected urban area. <br /> VI. Operations <br /> Daily Operations <br /> Pre-Fire: <br /> -purchase raw materials <br /> -production schedule planning <br /> -manufacture coin wrappers, ticket rolls and other products <br /> -package products <br /> -process paperwork and communicate with customers <br /> Current: <br /> -purchase coin wrappers and ticket rolls <br /> -place order for flat coin wrappers and currency bands with vendors <br /> -packaging schedule planning <br /> -package products <br /> -process paperwork and communicate with customers <br /> Future: <br /> -purchase raw materials <br /> -production schedule planning <br /> -place orders for flat coin wrappers and currency bands with vendors <br /> -manufacture coin wrappers and ticket rolls <br /> -package products <br /> -process paperwork and communicate with customers <br /> Major Suppliers and Terms <br /> Packaging Corporation of America —60 days, $100,000 credit limit <br /> International Paper Corp. —60 days, $50,000 credit limit <br /> Cellmark Paper— 60 days, $400,000 credit limit <br /> Port Townsend Paper— 30 days, $100,000 credit limit <br /> 7 <br />
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