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5.0. EDSR 10-14-1997
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5.0. EDSR 10-14-1997
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10/14/1997
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• <br /> S <br /> SALLESE TECHNOLOGIES, INC. <br /> 1490 94th Lane NE <br /> Blaine, MN 55449 <br /> (612) 780-8555 <br /> PROJECTED COMPANY LOCATION: <br /> Sallese Technologies, Inc. is located in a Blaine industrial park and occupies just <br /> over 23,000 square feet of manufacturing and office space. <br /> The Company is open to expanding its grinding operation at a site remote to its <br /> present location. The ideal site will have 4,000 to 5,000 square feet (expandable) <br /> of manufacturing space with 14'+ ceiling height and minimal office space. The <br /> building should also have a loading dock and an overhead door for shipping and <br /> receiving. Good transportation network is essential, as is 220 three phase <br /> electrical service. There are no special water/sewer needs. <br /> • THE COMPANY: <br /> The Company was originally established as Sallese Machinery Repair in 1981 by <br /> Giuseppe Sallese, father of Aldo Sallese, the current owner. The Company grew <br /> rapidly over the ensuing years and now has three distinct areas of expertise: <br /> equipment rebuilding, machine job shop and engineering and design. In 1996, the <br /> Company acquired Space Machine & Tool, Inc. (SMT), a machine job shop. <br /> With this acquisition, came a consolidation of operations into the Company's <br /> current facilities. As a result of a recent event, described below, the Company <br /> anticipates its present building will be fully utilized. This will mean expansion on <br /> the existing site if a remote location is not found. <br /> Company sales have grown from $500.000 in 1990 to over $1.3 million in 1996. It <br /> anticipates 1997 revenues of over $1.6 million. The Company has recently been <br /> named national service center for DoAll grinder spindles. This new affiliation is <br /> expected to lead to rebuilding jobs in excess of spindles only. Setting up for this <br /> work has necessitated dedication of space within the Company's building. <br /> S <br />
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