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9.0. EDSR 11-08-1993 9 0 ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY III TO: ECONOMIC DEVELOPMENT AUTHORITY FROM: WILLIAM RUBIN, ED COORDINATO �/� DATE: NOVEMBER 2, 1993 ��/ SUBJECT: PROSPECT STATUS REPORT The following is a summary of new industrial and commercial prospects that have expressed an interest in locating in the City of Elk River since the last EDA meeting. NEW PROSPECTS 1 . Automotive Parts Distributor - Northern Automotive Company, 12795 16th Avenue North, Plymouth, Minnesota, distributes A/C Delco Products to a five state area. The company seeks a 20,000+ square foot warehouse that is suitable for distributing the auto parts . The company contact was put in touch with Alltool Manufacturing regarding its available warehouse. In addition, the • contact was alerted to available industrial sites in Elk River. 2 . Wholesale Electrical Supply Company An Eden Prairie businessman contacted City Hall regarding the availability of approximately 4,500 square feet of office/warehouse space suitable for his wholesale electrical supply business . This individual was put in touch with three property owners whose space matches the businessman' s needs . 3 . Village Sample Industries This company deals in seasonal holiday products and desires short-term lease space of approximately 2,500 square feet. The company was put in touch with landlords which possess that size of available space. PREVIOUSLY LISTED PROSPECTS 1 . Trend Scientific Staff remains in contact with this New Brighton-based medical product company. Thecompany seeks a suitable site for the construction of a 25,000 to 411 30,000 square foot facility. The company prepares and distributes agent-based diagnostic test kits . P.O. Box 490. 13065 Orono Parkway • Elk River, MN 55330-1743 • (612) 441-7420 • Fax: (612) 441-7425 Equal Opportunity Housing and Equal Opportunity Employment .Am, 2 . Custom Cutter Grinder This company is currently evaluating the final lot in the Meadowvale Commercial Park. 3 . BRUMAR - The Central Minnesota Initiative Fund will consider a loan request from BRUMAR at its meeting during the week of November 8th. 4 . Woodsmen Quality Products - This company has a purchase agreement on a 1 .4 acre site in the Meadowvale Commercial Park and the EDA will consider an $18,750 Micro Loan at its November 8th meeting. • • TREND SCIENTIFIC, INC. Major Products or Services • ■ Develop, design, clinically test, seek regulatory approval, manufacture, package, market and distribute TREND and private label new medical diagnostic test kits and related products for hospital, clinical reference, industrial, and doctor office laboratories. ■ Manufacture and distribute (worldwide)TREND brand ELISA (i.e. enzyme linked immunosorbant assay)Test Kits for a variety of parasitic and infectious diseases. ■ Prepare and distribute (worldwide) FeKal Chek Quality Control products to monitor and document that laboratory equipment, reagents, methods and techniques are performing satisfactorily. ■ Offer a comprehensive selection of stains and reagents for medical and veterinary microbiological procedures. ■ Maintain prime vendor relationship involving the preparation of quality control materials and kits used by the College of American Pathologists for their laboratory survey programs. ■ Customized OEM development, design, filling and packaging of medical and research laboratory reagents and devices under contractual and corporate partner relationships. Special Interests. Actively pursue licensing and joint venture relationships in the general field of laboratory, medical, veterinary and health care services and new product development, manufacture, marketing and worldwide distribution. • Contact David A. Taus, President and CEO (612/633-0925 or 800/328- 3949) Trend Scientific, Inc. P.O. Box 12266 St. Paul, MN 55112 USA Telephone: 612/633-0925 or 800/328-3949 Fax: 612/633-6073 Officers President and CEO: David A. Taus Vice President, Sales: George W. Atchley, Jr. Vice President, Scientific Affairs: Charles F. Chesney, D.V.M., Ph.D. Vice President, Marketing:Joseph G. Cremonese General Information Year Organized: 1979, Minnesota corporation. Type of Business: Manufacturing. Number of Employees: 15 (plus 10 part-time). Ownership: Privately held. • Business History Founded during 1979 and formally organized in 1980, Trend Scientific progressively expanded a core line of medical and veterinary diagnostic parasitology products. These products were well received and are regarded as "top-of-the-line" in quality by laboratory users. Taking advantage of this earned reputation, Trend is currently expanding its offerings into a • somewhat broader class of diagnostic and device products/services. 5Ot40)Ce•. -f t Mkt I CR1, P(it.LA( b I s►LC.-I'om,'f 1190 - 0'41