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• Tescom Summary <br /> Tescom Corporation of 12616 Industrial Boulevard, Elk River, MN <br /> 55330, is a manufacturer of regulators, valves, and control <br /> devices. Tescom markets these devices worldwide to the following <br /> market segments: semiconductor, general industrial, specialty gas, <br /> instrumentation, government/aerospace, and petroleum/hydraulic. <br /> Tescom has three operating divisions; one in Watertown, SD (Smith <br /> Equipment) and two in Elk River, MN (High Purity Controls and <br /> Industrial Controls) . Tescom's Elk River facility currently <br /> employs 190 people and anticipates creating in excess of 45 new <br /> positions by year end, 1994. <br /> The proposed new facility in Elk River will house the High Purity <br /> Controls Division and a cleanroom which will meet the needs of a <br /> very select group of semiconductor manufacturers (Intel, Motorola, <br /> Texas Instruments, IBM, AT&T, AMD, et al) . The upgraded facility <br /> is necessary to meet the stringent cleanliness requirements in this <br /> marketplace. <br /> The additional space in the current building will provide the <br /> Industrial Controls Division the necessary facility to better focus <br /> • on its alternative fuel programs for vehicles (Ford, G.M. , and <br /> Chrysler) , as well as various petroleum, government, and aerospace <br /> applications. <br /> In the Elk River facilities sales are expected to exceed $20 <br /> million in 1993 and $22 million in 1994. In 1995 we anticipate the <br /> expansionary effect of the electronics products and some of the <br /> positive results from the significant development efforts begun in <br /> 1993 . <br /> Product brochures are enclosed. <br />