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7.0. EDSR 05-10-2004
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7.0. EDSR 05-10-2004
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City Government
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5/10/2004
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Display Solutions Inc. 7 <br /> Radial saw($2,500) <br /> Hinge machine($2,500) <br /> Pallet racking($500) <br /> Drill press($500) <br /> Metal band saw$350) <br /> Pallet Jack($350) <br /> Carts($1,000) <br /> Panel saw($500) <br /> Laminate slitter($1,900) <br /> Assorted hand tools ($5,000) <br /> Edge Sander($2,500) <br /> Pocket Screw Machine($1,900) <br /> Band Saw($475) <br /> Contact Sprayer($1,200) <br /> TOTAL: ($207,675) <br /> 4111 <br /> x _ <br /> `' This equipment is necessary for the manufacturing of our product in an efficient manner. <br /> , DSI principals already own the office equipment, including a telephone system,personal <br /> computers, desks,chairs, filing cabinets, and miscellaneous items. <br /> 40 4.4 Suppliers and Vendors <br /> The material requirements are met through established contracts with our primary <br /> vendors. The main component in our product is particle board,laminate and melamine <br /> covered panels(MCP)and is available thru a variety of distributors in the area at a <br /> competitive price. Other items such as hardware and acrylic will be purchased through a <br /> variety of local and out-of-state venders. <br /> 4.5 Personnel Plan <br /> Mr. Buchta will resume duties he performed in his former business. This will consists of <br /> design, engineering and day-to-day operations. <br /> Mr. Michalek will perform duties of business development, customer relationships, and <br /> national sales account manager. <br /> Mr. Studee will be in charge of the procurement, manufacturing, shipping,and <br /> overseeing the accounting. <br /> All three principals live in Minnesota and recently established a S Corporation in this <br /> state. The company has completed the necessary registration with the State of Minnesota <br /> and with the IRS to enter full-scale operations.Staffing for the operation includes the <br /> three owners who will handle marketing, sales, procurement, design and day-to-day <br /> operations. <br /> IIIOne person will be hired on a part-time bases for administrative support. <br />
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