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• City of Elk River <br /> Industrial Prospect Status Report <br /> November 2002 <br /> ACTIVE <br /> Sept. 2002 Prospect- Metal fabrication company with work in the military/defense industry, located in the <br /> northwest metro area,requires land for up to 25,000-sqft building. <br /> STATUS: Awaiting meeting with owner of the company in November/December. <br /> Sept. 2002 Prospect- Pump and compressor (liquid/gas) company,located in metro area,requires land for <br /> up to 30,000-sqft building. <br /> STATUS: Forming advisory team to provide direction on ramping up to high-volume production and raising <br /> equity investment. <br /> May 2002 Prospect—Local manufacturer of solid-state batteries,requires land for up to 100,000-sqft <br /> building (lease). <br /> STATUS: In process of raising next round of equity investment and planning staged growth. <br /> Oct. 2001 Prospect—Non-profit packaging, assembly and light manufacturing employment service for <br /> adults with disabilities, requires land for up to 10,000-sqft building. <br /> STATUS: Referred to Gary Santwire and John Weicht regarding smaller sites and building construction. <br /> July 2001 Prospect—Precision machining company, located in the northwest metro area,requires land for <br /> up to 20,000-sqft building expansion/relocation. <br /> STATUS: Business has slowed down considerably due to the economy. Riding out the slump. Remains very <br /> interested in Elk River location. <br /> INACTIVE <br /> KitMasters - Sept 2002 <br /> Assembly&remanufacture of truck parts,requires land for up to 30,000 sqft building (multi-tenant). <br /> Amcon/Brookstone site suggested as preliminary site option. Suggested meeting with Amcon for proposal. <br /> 10/7/02 Selected site in Detroit Lakes, MN due to proximity to owner's vacation home, steel building <br /> allowed, and city financial package. <br /> Computer Motion Imaging (CMI) - 2001 <br /> Production studio of computer generated animation graphics, requires site for up to 95,000-sqft facility. <br /> 10/30/02 Selected site in Chanhassen/Chaska. Hope to settle negotiations by January 1,2003. <br /> Horizon ThermoForm—2001 <br /> Local injection mold manufacturer requires land for up to 30,000-sqft building. <br /> 9/9/02 Out of business. <br /> • <br /> S:\EDA\Marketing\UPDATES\2002\NovProspect Report.doc <br />