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ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY <br /> TO: ECONOMIC DEVELOPMENT AUTHORITY <br /> FROM: WILLIAM RUBIN, ED COORDINATOR <br /> DATE: AUGUST 4, 1993 <br /> SUBJECT: PROSPECT STATUS REPORT <br /> The following is a summary of new industrial and commercial <br /> prospects that have expressed an interest in locating in the <br /> City of Elk River since the last EDA meeting. <br /> 1 . Real Estate Prospect - A commercial real estate agent <br /> from the northwestern suburbs contacted staff regarding <br /> the availability of industrial sites for the potential <br /> relocation of a Plymouth-based manufacturer of paints and <br /> allied products . The company seeks a site sufficient to <br /> accommodate a 15,000 square foot facility. <br /> 2 . ELO Engineering, Inc. - This is a Fridley-based metal <br /> fabricator that inquired about the availability of <br /> industrial space to lease (or to secure with an option to <br /> buy) as well as financing programs here in Elk River. <br /> Contact and follow up was made with this company. <br /> 3. The KIMM Company - This is a Minneapolis-based printing <br /> company that occupies 60,000 square feet plus an <br /> additional 10,000 square feet of lease space. The company <br /> seeks to relocate a portion of its operations within <br /> twelve to eighteen months . The company employs <br /> approximately 75 persons . <br /> 4 . Sir Speedy Printing This is a Fridley-based instant <br /> print company that is exploring the opening of a second <br /> location. <br /> 5 . Plymouth Foam Products - This Plymouth, Wisconsin-based <br /> company inquired about available industrial space to <br /> lease. Staff is attempting to follow up regarding the <br /> exact space needs of the company. <br /> PREVIOUSLY LISTED PROSPECTS <br /> 1. Towle Real Estate Prospect (McLean Midwest) At its <br /> meeting on July 26, EDA Commissioners were advised of a <br /> presentation in early August to a Twin Cities <br /> 41 <br /> manufacturer. The company is McLean Midwest, a <br /> manufacturer of air conditioners, heat exchangers, or <br /> filter fan packages for electronic control panels . The <br /> P.O. Box 490 • 13065 Orono Parkway • Elk River, MN 55330-1743 • (612) 441-7420 • Fax: (612) 441-7425 <br /> Equal Opportunity Housing and Equal Opportunity Employment <br />