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<br />QDP <br /> <br />I~c. <br />3731 Thurston Ave. NW, Suite 101 Anoka, Minnesota 55303 <br />Telephone: 763-712-1626 www.QDPtech.com Facsimile: 763-712-1627 <br /> <br /> <br />. March 6, 2008 <br /> <br />Sean Sullivan <br />Economic Development Coordinator <br />7550 Sunwood Drive NW <br />Ramsey, MN 55303 <br /> <br />Dear Mr. Sullivan: <br /> <br />1bis letter is .sent in furtherance to the telephone conversation that you had with my assistant, Jennifer <br />Berquist, yesterday wherein she inquired as to various business incentives the City of Ramsey may be <br />offering in connection with its industrial and commercial land. It is my understanding that you <br />suggested I send a brief letter introducing my company and my intentions for expansion. <br /> <br />QDP Technologies, Inc. was founded in March 2005. The name is an acronym which stands for <br />Quality, Delivery and Price. We are a machine shop that prides ourselves on producing quality <br />machined parts, delivered on time at a competitive price. <br /> <br />Currently, QDP is located in Anoka's industrial park in close proximity to Highway 10 and 169. Our <br />shop occupies 4,800 square feet. At this time, I employ 6 people. We run two shifts to help meet our <br />customer's quick delivery needs. Our hours of operation are 6:00 a.m. to 2:30 a.m. <br /> <br />QDP's growth has been tremendous. Since 2005, QDP's sales have increased more than 650% and I <br />have gone from a one man small machine shop with only two machines to thirteen machines and seven <br />people. I foresee similar expansion in the future. Unfortunately, our curi-ent space is too small. We <br />simply have run out of room. This is the impetus for my desire to explore building or investing in a <br />commercial building which will house my business. <br /> <br />As Jennifer mentioned, I am not alone in this journey. My good friend and fellow machine shop owner, <br />Jeff Traun, would most likely invest in the building. Jeff opened JBT Machining in 1995. He has 9 <br />employees and his machine shop occupies 6,900 square feet. JBT has undergone a huge transformation <br />in the past decade. For the first five years of its existence, JBT was run solely by Jeff using manual <br />equipment. However, in the past five years, JBT has grown to a nine person shop which has invested <br />more than $1.5 million into state of the art machines and equipment. As such, Jeff has no room to <br />continue his growth and expansion. <br /> <br />53 <br />