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DRAFT <br /> Commander Products, <br /> Deerwood PFS Design, Pequot Lakes <br /> Inventor and Engineer, Bill Davis, came up BLADC worked with the City of Pequot <br /> with a plan for the boating enthusiast who Lakes to establish a procedure for <br /> wanted to do away with the old manual industrial park lot purchases. Each time a <br /> boat lift. The Shore Commander business comes forward, BLADC works with <br /> revolutionized the boat lift industry with its them to make application for a lot. BLADC <br /> wireless remote and dock lighting for assisted PFS design to purchase a lot in the <br /> added safety. This product is the staple spring of 2005. Phil Schott's home design <br /> that formed Commander Products, which and drafting business would move from <br /> now produces multiple items, including lease space in Unorganized Territory to a <br /> power winches, and solar panel,battery $300,000, 3,300 square foot quadplex in <br /> chargers. Located in Deerwood Township, Pequot Lake's Park. PFS occupies one <br /> this company employs 8 and sells its suite, while three office suites remain <br /> product all over the United States, Canada available for lease. His vision is to build <br /> and the UK. In order to boost inventory another building similar to this one in the <br /> for a huge sales forecast, CP needed future. <br /> financing. Through the Initiative <br /> Foundation's SEID fund, CREDI/BLADC Stern Industries, Baxter <br /> assisted the company in obtaining $50,000 Stern Industries is a global sourcing <br /> in financing. servicer of rubber and plastic products and <br /> components. Stern acts as a manufacturer <br /> E&P Manufacturing, Brainerd and distributor of plastic and rubber <br /> Patricia Rasmussen came to BLADC looking molded parts. Due to sales growth, the <br /> for assistance to purchase a Brainerd company was in need of additional space. <br /> Industrial Park lot and expressed interest They approached BLADC to learn more <br /> in the Job Opportunity Building Zone about the JOBZ program. BLADC walked <br /> (JOBZ) program. Their plans were to build them through the process until their final <br /> a $900,000, 20,000 square foot facility for approval from the City of Baxter. The <br /> a new import/wholesale distribution company more than doubled their existing <br /> business that would eventually employ 5. facility by adding 11,500 square feet of <br /> They were approved for JOBZ benefits in office and warehouse space, a total <br /> March of 2005 and moved into their new investment of$600,000. As a result of the <br /> building this past fall. They supply raw expansion, Stern Industries has committed <br /> materials to manufacturers and have plans to hiring at least four additional <br /> to do some light manufacturing in the employees. <br /> future. <br /> SEH, Brainerd <br /> LINDAR, Baxter The"SEH"or Short Elliot Hendrickson <br /> Incorporated in the State of Minnesota in building is a great example of the power of <br /> 1993, LINDAR Corporation is a partnerships. Certain blighted areas of <br /> manufacturer of thermoformed plastic Brainerd were in need of a facelift and this <br /> items consisting of OEM components, paint architect/engineering firm was in need of a <br /> sundry products, as well as consumer and new office space. A developer came to the <br /> food packaging. They have accounts table and worked with the Brainerd <br /> located throughout the United States, with Housing and Redevelopment Authority and <br /> some exporting to Canada. Besides BLADC to form a plan. These agencies <br /> employing many area residents, LINDAR worked together to create a Tax Increment <br /> added an additional 33,300 square feet, a Finance (TIF) district to eliminate the undo <br /> $1.6 million investment, to their existing burden of demolition and clean up to start <br /> 58,000 square foot facility with the help of with bare land. The SEH building is a <br /> the JOBZ program. With BLADC's $1.65 million investment offering a <br /> assistance, LINDAR secured approval from beautiful 12,000 square foot office building <br /> the City of Baxter to be deemed a JOBZ for the community to enjoy. SEH currently <br /> expansion project, which will create an employs 13 full-time staff and plans to <br /> additional 13 jobs for area residents. grow to 25 full-time employees within five <br /> years. <br />