9.1. SR 08-17-2020 - Laserfiche WebLink

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City of Elk River Tiff Committee, IźƭƷƚƩǤ ƚŅ {ŷƚƚƷ {ƷĻĻƌ Lb/͵ʹ Shoot Steel, INC began as Multiplex Systems LLC in 2009. Initial products were firearm cartridge reloading supplies and cardboard target stands that I designed and built. The first steel targets were cut in 2010. In 2014 the company name was changed to Shoot Steel INC. to match the brand that was created around 2011. Annual sales have been around $2.4 million for the last several years. Business has been steady through two of the worst recessions in US history. In fact, we are thriving during the Covid pandemic. Sales have never been higher. Spring of 2020 I hired a VP the help run the company and keep projects moving forward. Having a VP on staff will help promote growth in the years to come. I am committed to adding staff as needed to grow the business. In addition to hiring new staff; I am committed to support ongoing training and education for current employees. This allows them to grow within the company, increasing salaries while adding to the employees resume for future employment should they chose to leave. .ǒźƌķźƓŭ 5ĻƭźŭƓʹ The phase one building will be approximately 20,000sf with a small office space. Some of the office will be to support the warehouse and some will be for sales and management. The building will be of precast concrete construction. Due to the location the city is asking that the building have two improved front faces or sides, which will add considerable cost to the project. Additionally, a pond will be required on the site adding more cost to the project. Due to the existing grade at this site the pond must be in a less than ideal location, again adding cost. The new pond location will push the building further into the lot, towards Twin Lakes Rd and away from our utilities th connection on 175 Ave. This significant shift to the east will add significant construction costs. WƚĬ /ƩĻğƷźƚƓʹ Shoot Steel, INC currently employs 7 full time and one part time employee. I plan to move 2 full time employees from another one of my companies to Shoot Steel, INC in the next year. This transition will streamline business operations and reduce costs.