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<br />Case # 4 <br /> <br />MEMO <br /> <br />DATE: <br /> <br />May 3, 2007 <br /> <br />TO: <br /> <br />Economic Development Authority (EDA) <br /> <br />FROM: <br /> <br />Sean Sullivan, Economic Development Coordinator <br /> <br />RE: <br /> <br />Staff Update <br /> <br />New Business Prospects: <br /> <br />Unnamed Prospect - A Biotech manufacturer (70,000 - 80,000 S.F. with expansion up <br />to 150,000 S.F.) has shown interest in locating to the City of Ramsey. The company has <br />interest in the large lot in Sunfish Lake Business Park. Stay tuned... <br /> <br />Unnamed Prospect - A precision tooling company that is interested in a site that could <br />accommodate 150,000 S.F. <br /> <br />Unnamed Prospect - Medical product manufacturer; size unknown. <br /> <br />Unnamed Prospect - Manufacturer in the rotary market; size unknown <br /> <br />Unnamed Prospect - Manufacturer in tools and plastics; size unknown <br /> <br />Unnamed Prospect - Machine Shop; size unknown. <br /> <br />Panther Precision - Panther continues to express interest in acquiring the site adjacent <br />to its existing facility. <br /> <br />Plastic Injection Mold Company - Staff has submitted a proposal to a 100,000 Square <br />foot project. More details to come. <br /> <br />Business Grand Openin2s:. The ceremonial Groundbreaking for Minnesota Waterjet took <br />place on May 3. Look for a grand opening to occur sometime in December. <br /> <br />Business Communication Initiatives: The meeting date for the Business Connection Meeting <br />is May 22, 2007. The invitations went out on May 2nd and the event is limited to 100 people. It <br />will be held at the Alexander Ramsey Room in the Ramsey Municipal Center. The Business <br />Appreciation Day will be on August 21,2007 at the Links at Northfork. <br /> <br />TH 47 Ali2nment meetin2: A meeting was held on April 19th from 5:30-8:00 to review and <br />comment on alternatives for the future of Highway 47. The meeting was well attended and <br />there was quite a bit of discussion on the potential impact of each alignment. The goal of this <br />study is to decide on the future alignment of Hwy 47 and then to start making improvement to <br />the corridor based on the chosen alignment. <br /> <br />20 <br />