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Why is Zero Zone Refrigeration Seeking Funds? <br />Zero Zone is currently approaching a level of business growth that has us maxing out our existing <br />production and support function capacity. The board of directors has approved a building expansion <br />project for the systems division to increase overall production capacity. Currently, we are in early <br />schematic design and exploring all financial options. <br />As a business, it is prudent for Zero Zone to explore all options while we evaluate our future expansion <br />plans. Provided funds would assist us in growing a proven business model and would support many <br />sustainable and well -paying jobs in Ramsey Minnesota. <br />Zero Zone also operates a sister plant in Dyersville Iowa. This plant has experienced recent growth and <br />has proven its manufacturing capabilities. We are concurrently evaluating expanding the plant in Iowa, <br />and the potential financial aid that could come with expanding there. Zero Zone is currently sub -leasing <br />an existing connected building that potentially could be used for expansion at that site. <br />Given the expertise on site, longer operating history and core competencies, Zero Zone's preference is <br />to expand the plant in Ramsey. The financial aid being proposed, and contingencies associated will be a <br />factor in determining which site this investment will occur. Without assistance from the City of Ramsey <br />and/or State of Minnesota there is a strong likelihood that the investment by Zero zone would be made <br />in Iowa, rather than Ramsey. <br />Potential Ramsey Minnesota Building Expansion <br />6151 140`11 <br />Ave NW <br />