Laserfiche WebLink
I <br /> P 1 life <br /> �'"n'"° _ -4--rt. <br /> r :von <br /> �{qsS�' �-`�"a 'S ict (�IilC a'�ultt_______ <br /> gii <br /> We've been fortunate to have people — ----:. companies such as Elk River Machine <br /> — 0 \ _1_r-- Company and Metal Craft Machine &our community who are aggressive in 3 i ,�� l \_ <br /> En- <br /> those areas,and we got together with our ' gineering are strong representations of <br /> friendly competitor,the Bank of Elk River, P7,,,. <br /> 7 what the city is trying to bring to its Indus <br /> z x' nr ,z r �_.�for some of the financing. We wanted totrial base. <br /> make Elk River a shopping area, a desti- Workforce issues are a concern for all <br /> nation area as opposed to a drive-through businesses in today's economy. However, <br /> \ Iry I <br /> the Elk River area appears to have a high <br /> town."Mission accomplished. Gongoll and er ` ,,. concentration of skilled labor. "We seem <br /> -' to have a large pool ofpeople in the area <br /> others got their growth, and then some. � p p <br /> "I believe the growth happened a little with trade skills," Nevinski said. He also <br /> faster than we projected,"Gongoll said."Our �� _ 'mall >�t 4'44 r4 noted that Elk River firms pull people from <br /> residential growth has precipitated our retailR the Twin Cites, St. Cloud, and even from <br /> sector,and now we're working on stimulat- more rural areas of the state. <br /> ing our industrial base.But overall, I'm very The breakdown of the city's industrial <br /> pleased with our strong and vibrant econ- base bears this out.The number of Industrial <br /> omy." machinery-related companies has reached <br /> Besides his bank duties,Gongoll is one of 18 while the mineral and rubber-plastic in- <br /> five governors of the Elk River Investment '' dustries take a distant second with four com- <br /> Club,an LLC of 22 members.One of the chief _ 1 panies each.The industrial-machinery cat- <br /> goals of the club is to work with the City of Elk ,,,\t yi ! f egory also leads in the employee category <br /> '`'4" with28 ercent of the industrial workforce, <br /> River in getting new companies into the city's1111 ' <br /> i � � -�� p��(j��,��� p <br /> incubator program. = `,, followed by the fabricated metal and elec <br /> $ { III " tropic equipment sectors with 22 percent <br /> "We try to coordinate,"Gongoll said,"our <br /> efforts with the city to help emerging busi -' each.Mineral employment accounts for 15 <br /> Wsses get out of the garage, so to speak, 1 ` percent of the workforce while rubber-plastic <br /> d into the incubator program.Currently the employs nine percent. <br /> club is working with four or five businesses °'" °G x. .. ._,,,,„!:,,,,,:::,-::: -,;:',,,,,,-;:,.,:lit <br /> ` � � "A But those numbers will soon turn old.T.o <br /> at this time. Our club gets a commitment balance residential and retail growth,the city. <br /> from the proprietor that his or her business created two new industrial parks,appropri- <br /> will remain in the incubator or at some loca- k}< <br /> t --; ately dubbed the East and West Business <br /> tion in Elk River.It's venture capital that's for „ " < Parks. Phase I of the East Park, a 40-acre <br /> businesses looking to grow in Elk River." r v, <br /> tract that will include a 5.0 0-square-foot <br /> When the city did take over the business !t multi-tenant building,will have access to a I, <br /> park,there were approximately half a dozen � _ - a" four-lane industrial grade road.The park is <br /> 1_ - '' 14 ' also bordered by U.S.169 and the Burlington <br /> lots still available.That park was fully built- � �, � �� � <br /> out in 1999 and is home to companies such7:7 Northern Railway.Adjacent to the 40 acres <br /> as the Tescom Corporation(high purity and ,`°" �. lies another 90 acres which will be Phase <br /> industrial controls),Alltool Manufacturing II of the East Business Park. Just to the <br /> (metal fabrication),E&OTool&Plastics(pias � south of Phase II, across 173rd Street, is ' <br /> tics)and the Custom Conveyor Corporation the site of the proposed North Star Corri- <br /> (conveyor equipment).And there's the Cretex <br /> LI <br /> dor Station,a depotthat will run from Rice <br /> Companies Incorporated,makers of concrete (north of St.Cloud)all the way into the Twin <br /> girders for bridges and culverts, a com- { Cities. <br /> pang that has stayed in Elk River and hase.i "The commuter line will connect with the <br /> thrived, and a variety of other industries. light rail system in the Twin Cities," <br /> East on U.S.10is the Horizon Thermoform „1/4 . --._...__ Nevinski said, "and run down to the air <br /> Plastics Company that moved to Elk River "eJ port,eventually going into St.Paul and the <br /> in August of 1998: In two years it has ex- 1 ',;%'' \' outlying suburbs. Right now we have a <br /> panded its workforce to 30 and projected ,,\ ` via <br /> , double track that runs through town that <br /> ales are at two million dollars. Horizon is / —� averages 50 to 60 trains a day.We do have <br /> tional in scope,serving customers from r Ir• a rail spur downtown, and some busi- <br /> � " � nesses have taken advantage of that.” <br /> oast to coast. Horizon Thermoform and ���-- �'lay4:4, g <br /> lk11'16;,,,,,,, <br /> , 6;, , :, <br /> East,Bus� ss;Pjai Elk River <br /> b <br />