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7.3 HRSR 02-06-2017
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7.3 HRSR 02-06-2017
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1/31/2018 1:56:23 PM
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2/3/2017 12:40:52 PM
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Die Concepts, Inc. <br />Die Concepts, Inc. was the first company to utilize the new HRA Blighted Properties Commercial, Industrial <br />Forgivable Loan Program this year. Die Concepts designs and builds progressive metal stamping tooling for a <br />variety of customers in the US, Mexico, and Ireland including Medronic, Boston Scientific, Toro, Grace, and 3M. <br />They purchased the former 21,000 square foot Minnesota Fabrication building in April of 2016 with plans to <br />completely renovate the facility, resolving prior building code violations, adding a 3 -hour fire barrier wall, and <br />removing debris from the property. The company will relocate 12 full time jobs to the city paying an average <br />hourly wage of $25/hour. After a few setbacks they will be moving into their facility in the first quarter of this <br />year. <br />Before <br />After <br />
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