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Agenda - Economic Development Authority - 02/14/2008
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Agenda - Economic Development Authority - 02/14/2008
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2/11/2008 3:16:43 PM
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Meetings
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Agenda
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Economic Development Authority
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02/14/2008
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<br />== PRODUCTION <br />== Designl1l!!!1!!l1J <br /> <br />Converting Your Ideas Into Reality <br /> <br />February 8,2008 <br /> <br />City of Ramsey EDA <br />Sean Sullivan, Economic Development Coordinator <br />7550 Sunwood Drive NW <br />Ramsey, MN 55303 <br /> <br />Dear Mr. Sullivan, <br /> <br />It was nice meeting with you the other day to discuss the potential for our company - PDPI, to improve the property at <br />14161 Basalt Street NW and increase employment in company. We have the potential to add 2 to 4 excellent paying <br />(over $14.00/hr) jobs to the company, re-face our old building, move our dock to the south side of our property and add <br />an additional 5000 sq. ft. of manufacturing space to our current property. <br /> <br />A brief history of Production Design Products, Inc.: <br /> <br />The Company was founded in the early 80's around 1983 by Robert Brown a Ramsey resident and has been functioning <br />profitably since then. The company is a recognized leader in the Industrial Laundry industry and most of its products are <br />used in the Dust Control segment of this industry. The company also takes contracts from differentmanufacturers and <br />supports them when they are in need of Fabricated Metal parts and also provides design and unique solutions to resolve <br />most of their material handling needs. <br /> <br />The Company is now owned by Kufre & Ekpedeme Akpan, who purchased all assets of the company in 2007. The <br />current ownership has over 26 years of manufacturing industry experience all of it from working at top manufacturers in <br />the Twin Cities Area and finishing as the Operations Manager for a $30 million Medical Devices manufacturing plant. <br /> <br />The company currently has six (6) full time and two (2) part time production employees and two (2) full time office <br />employees. With this expansion, we hope to add two (2) full time production employees and two (2) full time office <br />employees within the next two years. <br /> <br />To execute our expansion project, we will need to purchase a piece of open property adjacent to, and south of, us now. <br />We do have some money to put into this project; however, we know that we cannot pay full price for the land based on <br />its current value and need assistance to move forward. We would formally ask the City to consider providing financial <br />assistance for this project. <br /> <br />Please advice us on what to do next to get this request through approvals by the EDA and City Council. <br /> <br /> <br />est Regar~dS <br /> <br />\ ~ -----. <br />ufr. . ~~ <br />Production Design Products, Inc. <br /> <br />14161 Basalt Street NW. Ramsey, Minnesota 55303. 763.421.4260 FAX: 763.421.2158 800.486.5249 <br />www.pdpi-solutions.com <br /> <br />22 <br />
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