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5.0. EDSR 10-14-1997
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5.0. EDSR 10-14-1997
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City Government
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EDSR
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10/14/1997
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• <br /> . PROTECTOR CARE, INC. <br /> 2630 Holly Lane <br /> Plymouth, MN 55447 <br /> (612) 473-5663 <br /> PROJECTED COMPANY LOCATION: <br /> Protector Care is flexible on the location for its operation, which will become its <br /> primary production/shipping facility. The Company anticipates initial needs of 2,000 - <br /> 3,000 square feet of final assembly area. This should be expandable to 10,000 - <br /> 12,000 square feet within one year. Ceiling height should be at least 12' and access <br /> to a loading dock is essential. The Company has no special water/sewer <br /> requirements. <br /> INTRODUCTION: <br /> Protector Care, Inc. (the Company) was incorporated in December 1995, after 18 <br /> • months of business development, to manufacture and market products and services that <br /> make it easier and safer for individuals to live independently. The company's first <br /> product, CareStair, a patent-pending half height stair assistive device, is placed over <br /> existing stairs providing a series of half height steps making it easier to climb and <br /> descend stairs for millions of people having functional limitations. Multiple and <br /> proprietary designs anticipate having second and third generation products. Notice of <br /> patent allowance has been received. <br /> THE COMPANY: <br /> Protector Care is a Minnesota corporation located in Plymouth, Minnesota. Much of <br /> the effort during 1996 was spent on product and market development. During 1996, <br /> the Company spent approximately $25.000 on product development, packaging and <br /> installation instructions and approximately $45,000 on market development. Since <br /> marketing commenced in November 1996, $35,000 in CareStair sales have been <br /> generated, largely with local staff on a self-funded basis. <br /> • <br />
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