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NCR COMTEN PROJECT UNDER CONSTRUCTION FALL 1987 COMPLETION EXPECTED Blaine, MN -- On November 20, 1986, NCR Comten, Inc., held a ground brea~ng ceremony for the $12 million, 268,000 Square foot facility to be built on a 60 acre site in the Pheasant Ridge Industrial Park in Blaine. The facility, now under construction, will house approximately 750 employees, and is the first building to locate within the new 660 acre Pheasant Ridge Industrial Park. The park is located at the intersection of Lexington Avenue and interstate 35W, 11.5 miles from NCR Comten's Roseville Headquarters Building: The facility will be the largest building and employer m Blaine. "NCR Comten chose the Blaine site over others because it allows room for future expansion and it provides good access to the freeway from the homes of many of our employees," said NCR Comten President Bill Gotschall. Mr. Gotschall was also impressed with the site at Pheasant Ridge because it will provide an aesthetically favorable environment. "NCR Comten is an important anchor to Blaine's new Pheasant Ridge Industrial Park and we are confident that this project will have a positive impact on new development in the area." --Ron Henrickson, Economic DevelopmenffHRA Administrator who orchestrated the Blaine effort. MINNESOTA MEDICAL ENTERPRISE PARK BREAKS GROUND IN COON RAPIDS TIlE NATION'S FIRST MEDICAL INDUSTRIAL PARK Coon Rapids, MN -- On September 17, 1986," Governor Rudy Perpich announced the development of the MinnesSta M'edical Enterprise Park (MMEP), the nation's f~rst industrial park devoted exclusively to medical products companies and their suppliers. The $100 million MMEP will be located on a 110 acre master-planned site adjacent to the new Interstate 610 in the City of Coon Rapids. Construction is already underway on the centerpiece of the MMEP, the four-building Minnesota Medical Enterprise Center. The enterprise center is a unique. incubator (growth center) that will provide developing companies with specialized research and support services. Also under construction is a 72,000 square foot multi-tenant building desired exclusively for smaller established medical companies. Two more buildings are planned for 1987 including a 22,000 square foot sterilization building. Medical Park continued... In addition to nurturing developing companies, the MMEP will provide an ideal site for the headquarters of mature bio-medical companies and immediate access to suppliers of custom-made product components such as circuit boards and pacemaker leads, and provide the synergistic effect of wor~ng with similiar companies m a park setting. The enterprise center will house professional support services such as law and accounting f'm'ns, which can direct new companies through the complicated process of acquiring FDA approval for medical devices or drugs. For more information on the MMEP contact Len Kne, Economic Development Director, City of Coon Rapids at 755-2880. Cons~cfion ne~ng completion on &e Minnesota Me~cfl Enm~fise Cenmr I ..... CARDIO-PACE MEDICAL ~C, SIGNS LEASE - MEDICAL PARK'S FroST TENANT C~n Rapids, ~ -- C~o-Pace MeScal Inc., . ~nounc~ plans to l~ate its U.S. co,rate offices ' ' ~d mmufacmfing fac~iW to the Minnesota Medical Enm~fise P~k in Coon Rapids. C~mPace M~ical wi5 lease 9,4~ squ~e feet in ~e ~nesota M~icfl Ente¢fise Cenmr I ~C-I), a 72,0~ squ~e f~t mulfi-mnant building. ~e space ~cupied by C~o-Pace Medical will be used to assemble ~d dis~bute hg~ pacem~em and relat~ suppo~ products. ~e move wi~ be complemd by Apffi 1, 1987. C~di~Pace M~ical Inc., recently entered the F~ East m~ket as p~ of ~e f=st U.S.-ChNese joint venture in me~cfl elec=onics. A pacem~er assembly plant was o~ned in Baoj~, a ci~ of 300,0~ N China's no,west prov~nce of Sha~xi, China's sister state of ~nnesotm