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Minnesota Business Expansion Report PDF

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This document is made available electronically by the Minnesota Legislative Reference Library as part of an ongoing digital archiving project. http://www.leg.state.mn.us/lrl/lrl.asp Minnesota Business Expansion Report - First to Fourth Quarter 2012 Total Foreign- Jobs - New Expansion Project Announced Total Project Project Status/Stage of Owned Company/Organization Project Summary County (est. within 2 Size Announcement Completion Cost Development Business HQ yrs.) (Square Date Date Country Feet) Fourth Quarter The data center project consists of the relocation of approximately 95 Ginovus existing jobs and the creation of approximately 20 new jobs over a 3 to 5 Dakota $10,000,000 20 60000 N/A N/A year period. Rapid Diagnostek The company is relocating to the Twin Cities to facilitate future growth. Hennepin $1,000,000 20 10000 N/A N/A The company is expanding it's Minneapolis St Paul presence, it's lone Schwing America Inc Ramsey N/A 50 0 N/A N/A Germany U.S. operation. Headquarters is in Germany. Polaris acquired Indian Motorcycles from North Carolina and Gimmy Car Polaris Industries Inc out of Grand Forks, ND and is relocating the corporate HQ and Hennepin $500,000 80 20000 N/A N/A manufacturing of each to Minnesota. Polar Semiconductor, Japanese-owned manufacturer of analog computing chips used mainly in televisions and cellular equipment, is Polar Semiconductor Inc Hennepin $90,000,000 300 98000 N/A N/A Japan expanding with $90 million expansion expected to create 300 new high- tech jobs. The company, headquarted in Minneapolis-St Paul, is expanding to St Jude Medical - Corp HQ create a west metro campus to focus on R&D, data center and some Hennepin $30,000,000 400 250000 N/A N/A production. Lakeville-based GenPak purchases theb 210,000 SF former Bery Genpak LLC Plastics building and moves production lines from Bloomington to Dakota N/A N/A N/A Announced/Planned 1/4/2013 Lakeville. Lakeville-based food manufacturer, ConAgra, is constructing a 27,000 SF ConAgra Foods Inc - warehouse addition. The addition will be used to expand ConAgra's Dakota N/A N/A N/A Under Construction 1/26/2012 Lakeville current shipping abilities. Lakeville-based National Polymers consyructs a 1,300 SF office adition along with a 31,000 SF warehouse addition. The firm has been a National Polymers Inc Dakota N/A N/A 32,300 Announced/Planned 1/4/2013 manufacturer of private label floor coating, concrete restoration and roof coating products. Fergus Falls manufacturer, Go-Float, began rolling off boats off the Go-Float LLC production line. The company makes more than 100 electric boats per Otter Tail N/A N/A N/A Completed 12/7/2012 month. Minneapolis-based IronGate Data Centers is planning a 270,000 SF expansion on the east side of the Twin Cities. Firm officials are betting IronGate Data Centers Ramsey N/A N/A 270,000 Announced/Planned 12/14/2012 that more data center operations will locate in Minnesota after the recent hurrican damage in the east coast. ADO Products, maker of building products that includes vents for attics, garage door insulation kits and protective wear, doubles its warehouse ADO Products Hennepin N/A N/A 30,000 Announced/Planned 12/13/2012 space to 60,000 SF. It is a private company that sells its own brand of products to Menards, Home Depot and L... Stewart-based Form-A-Feed, maker of livestock feed and fertilizer, plans a 60,000 SF shipping facility at the southport terminal in St.Paul. The Form-A-Feed Inc Ramsey $6,000,000 10 60,000 Announced/Planned 12/4/2012 facility will cost $5 million to $7 million and is expected to start in spring 2013. It will house manufact... Grand Rapids-based Magnetation will build 2 iron recovery plants in Magnetation Inc Itasca $120,000,000 N/A N/A Announced/Planned 11/29/2012 Itasca County. The $120 milion project is expected to create 240 jobs. Japan-based Matsuura Machinery will open a distribution subsidiary in St. Matsuura Machinery USA Paul in April 2013. The firm will occupy 38,000 SF in St. Paul and expects Ramsey $850,000 20 38,000 Announced/Planned 4/30/2013 Japan to have 30 full-time technical jobs in 3 years. Switzerland-based filtration company Pentair nc. leased a 94,000 SF Pentair Inc space in Golden Valley, resulting in a 50% increase in its old space. The Hennepin N/A N/A N/A Announced/Planned 11/21/2012 Switzerland expansion is due to its recent merger with Tyco's Flow Control business. Biotech startup Celectis Plant Sciences, a subsidiary of the French firm Cellectis, will move from its laboratory space to a leased 18,000 SF Cellectis Ramsey N/A 15 N/A Announced/Planned 11/13/2012 France space in New Brighton. The company markets technology that can "cut and paste" genetic traits into plants. Winnipeg-based IMRIS is moving its operations from Winnipeg to Minneapolis. The medical device firm sells magnetic-resonance image IMRIS Hennepin N/A 65 N/A Announced/Planned 9/30/2013 Canada guided surgical devices. Close to half of the 129 Winnipeg employees will move to Minneapolis by the end of the 3rd quart... Denmark-based, Secunia, opens regional office in Minneapolis that will Secunia employ about 20 people. It sells technology that protects businesses' Hennepin N/A 20 N/A Announced/Planned 11/13/2012 Denmark data. Mostly marketing and sales people will be hired in the firm. Atlanta-based Souther Wine & Spirits leased a 232,000 SF warehouse center in Shakopee. This expansion was driven by several large deals Southern Wine & Spirits Scott N/A N/A 232,000 Under Construction 11/6/2012 involving MWI Veterinary Supply, San Mar Corporation and Opus Group. Also, therer was an uptick in demand for indust... Idaho-based MWI Veterinary Supply Inc., a supplier to veterinarians, is opening a new warehouse in Shakopee. It has leased 125,000 SF in MWI Veterinary Supply Scott N/A 32 125,000 Completed 11/26/2012 Shakopee after shutting down two distribution centers in Wisconsin and South Dakota. It expects 32 new employees to ... Bloomington-based IT firm, The Nerdery, aims to hire 100 new employees in 100 days, based on its high growth in employees and Nerdery Hennepin N/A 100 N/A Announced/Planned 11/1/2012 sales. It's a developer-driver interactive production shop that engineers and executes websites, social media, and mobile apps... Chemical manufacturer Hawkins Inc. moves its HQ from Minneapolis to Hawkins Inc Roseville. It's sub-leasing 40,000 SF from another firm. The move will Ramsey N/A N/A N/A Announced/Planned 10/30/2012 occur in 2013. Vascular Solutions, a medical device firm, plans spend $8 million for a building next to its HQ in Maple Grove. The new building has about Vascular Solutions Inc Hennepin $8,000,000 50 71,500 Announced/Planned 10/29/2012 71,500 SF. The firm expects to hire about 50 workers in the next two years.. Ulteig Engineers Inc - Engineering firm Ulteig has moved from Fridley to a larger Arden Hills Ramsey N/A N/A 20,000 Completed 10/29/2012 Minneapolis Office. The new office is 20,000 SF larger in size. iowa-based Swiss Valley Farms plans on a $3.25 million expansion of its Rochester Cheese - Rochester facility, shifting its production from Spring Valley to Rochester. Olmsted $3,250,000 50 N/A Under Construction 10/26/2012 Rochester It expects the project to be completed by March 2013. A net 50 jobs will move to Rochester. Blue Earth-based Express Diagnostics, makers of duyg-testing kits, continues job growth. It expects to bring in 15 more workers and steadily Express Diagnostics Intl Faribault N/A 15 N/A Announced/Planned 10/26/2012 N/A hire more. One of the products is a test for anemia which could meet the needs of developing countries. Pennsylvania-based Taylor-Wharton International, maker of vessels and Taylor-Wharton precision valves used to store high-pressue gases and liquids, moves to Hennepin N/A 40 49,000 Active 10/25/2012 Minnetonka. It expects to bring up to 40 jobs in Minnetonka. Winnipeg-based DiaMedica Inc., a pharmaceutical company that DiaMedica Inc develops drugs to treat type-2 diabetes, has moved its HQ to Plymouth Hennepin N/A 20 N/A Completed 10/24/2012 Canada from Canada. It expects to build a staff of 20. GovDelivery, which provides digital communications to government entitites, is expanding its St. Paul HQ as well as its workforce. Its core GovDelivery Inc Ramsey N/A 50 N/A Completed 10/23/2012 products imvolve e-mail, social media, and other technological services though which the government communicates ... Florida-based 4GS Solutions recently leased 5,617 SF in St. Paul. The G4S Secure Solutions firm is moving from near the UofM campus to downtown St. Paul. G4S Ramsey N/A 75 5,617 Announced/Planned 10/22/2012 hires about 75 people per year in its St. Paul office. Minneapolis-based Valspar Corp., paint and coat manufacturer, will spend $30 million to expand its R&D center to create up to 135 jobs over Valspar Corp - Minneapolis Hennepin $30,000,000 135 87,000 Announced/Planned 10/22/2012 the next 2 years. The new R&D center will allow it to build more partnerships with research institutions and univ... Minneapolis-based ad agency Periscope has added 123 employees thus far in 2012. The growth was driven by an expansion of services to Periscope Hennepin N/A N/A N/A Completed 10/16/2012 existing clients (i.e., addition of retail branding, strategy and analytics and loyalty marketing services) and new clie... Ohio-based Chart Industries, which makes equipment in the production, Chart Industries Inc - New storage and end-use of hydrocarbon and industrial gases, nroke ground Scott $23,000,000 80 111,525 Active 10/15/2012 Prague on a $23 million expansion in New Prague. The project is expected to create 80 additional jobs in New Prague. Illinois-based AAR Corporation plans to open its 188,000 SF repair facility at the long-vacant Northwest Airlines hangar by the end of 2012. DEED AAR Aircraft Services St. Louis $750,000 192 188,000 Under Construction 10/15/2012 awarded the company $750,000 in MIF grant; this is estimated to create 192 jobs. Outdoor-gear company Granite Gear expands its operations near its headquarters in Two Harbors in part due to the the strength of the U.S. Granite Gear Inc Lake N/A N/A 7,000 Under Construction 10/20/2012 military market. It doubled its space in October 2012 by leasing a new 7,200 SF distributon center. It has about 4... Anoka-based Agressive Hydraulics built a $5 million plant in East Bethel. It makes and services heavy-duty hydraulic cylinders for new and used Aggressive Hydraulics Anoka $5,000,000 5 63,000 Completed 10/14/2012 equipment. The new 63,000 SF facility will allow the company to neet growing demand, oprate more efficiently... Monteris Medical Company is moving HQ from Winnipeg to Minneapolis-St. Paul. Hennepin $1,500,000 20 5,000 N/A 10/12/2012 Canada Detroit Diesel Remanufacturing seeks a $2.5 million loan from IRRRB to Detroit Diesel expand its operation in Hibbing. It designs, manufactures and St. Louis $2,500,000 50 30,000 Announced/Planned 10/12/2012 Remanufacturing remanufactures industrial electronic components and wiring harnesses for trucks, buses, trains & heavy equipment. Stweartville-based Rochester Medical Corportation plans to build a $10 million to $12 million facility and add 50 to 60 new jobs in Stewartville. Rochester Medical Corp Olmsted $11,000,000 55 54,000 Announced/Planned 10/4/2012 The 54,000 SF complex will include an automated production line, clean- room packaging facilities, offices a... Quantum Retail Technology, software developer that makes real time Quantum Retail recommendations to retail clients regarding store inventory and supply- Hennepin N/A 100 12,000 Announced/Planned 10/4/2012 Technology chain needs, plans to move to a bigger headquarters in Minneapolis. It currently employs 85 and expects to expand t... Dawson has received a $1.2 million federal grant to complete an industrial park expansion for the Noah's Ark meat processing plant. Lac qui Noah's Ark Processing $1,200,000 20 N/A Announced/Planned 10/4/2012 DEED contributed a $500,000 infrastructure grant and Dawson added Parle $700,000 to the project. The project will create at ... A new FedEx distribution center will be built in Bemidji. It will serve as a FedEx - Bemidji 24-hour a day, seven days per week package sorting and distribution Beltrami N/A N/A 22,000 Announced/Planned 10/3/2012 center. A new 60,000 FedEx facility is being built in Stewartville to be completed by July 2013. It will operate in conjunction with its La Crosse, Wis. facility FedEx - Stewartville Olmsted N/A N/A 60,000 Under Construction 10/1/2012 to help serve the growing demand for ground service in southeastern Minnesota. Grand Total (45 projects) $344,550,000 2,089 2,010,942 Venture Capital Investments - Fourth Quarter 2012 Venture Capital Company/Organization Project Summary County Investment TST Media LLC TST Media, LLC develops Web site-management system solutions. Hennepin $3,334,000 Physical Graph Corp Provides platform to connects physical world to the Internet. $2,999,700 Neochord Inc NeoChord, Inc, is a medical device company. Hennepin $852,000 Interrad Medical Inc InterRad Medical, Inc. develops and manufactures medical devices. Hennepin $1,500,000 Ftth Communications Inc FTTH Communications, Inc. is a Internet service provider {ISP}. Ramsey N/A Entellus Medical, Inc. Develops medical devices and methods to treat sinusitis. Hennepin $10,000,000 CoAxia, Inc. Develops catheter-based therapy for the treatment of cerebral ischemia. Hennepin $29,000 Angie's Artisan Treats, LLC manufactures and markets artisan kettle Angie's Artisan Treats LLC Blue Earth $1,000,000 corn. Venture Capital Investment Totals (8 projects) $19,714,700 Total Foreign- Jobs - New Expansion Project Announced Total Project Project Status/Stage of Owned Company/Organization Project Summary County (est. within 2 Size Announcement Completion Cost Development Business HQ yrs.) (Square Date Date Country Feet) Third Quarter Le Sueur-based countertop maker Cambria plans a $121 million Cambria - LeSueur expansion that will double its Le Sueur factory by April. This project will Le Sueur $121,000,000 220 375,000 Under Construction 4/30/2013 add 375,000 SF and 220 workers. Mumbai, India-based CPI Banani Inc. plans to build a 50,000 SF plant expansion in its Winona plant to meet increased demand. It CPI Banani Inc Winona N/A N/A 50,000 Announced/Planned 1/1/2013 India manufactures and licenses compression molded composite parts used in automotive, recreational and other custom-designed applications. Bioverse Inc., a science-based manufacturing company currently located Bioverse Inc in Pipestone, will lease space in the Biotechnology Advancement Center Nobles $5,300,000 12 20,000 Announced/Planned 11/1/2012 in Worthington (a minimum of 20,000 SF). German software maker, Beckhoff Automation, will move its Beckhoff Automation LLC headquarters to Savage from Burnsville. It is constructing a 44,000 SF Scott N/A N/A 44,000 Under Construction 9/28/2012 Germany building about 5 miles away from Burnsville. Flagstone Foods, which specializes in private-label fruits, nuts and mixes sold at major American food retailers, opened its headquarters in Flagstone Foods Ramsey N/A 46 N/A Completed 9/28/2012 downtown St. Paul. It received a $80,000 forgivable loan from the city of St. Paul and currently has 46 employee. Brooklyn Center-based Surly Brewing Co. announced plans for a $20 Surly Brewing Co million brewery in the Twin Cities. It needs the additional capacity to keep Hennepin $20,000,000 N/A N/A Announced/Planned 9/28/2012 up with demand. Pharmaceutical company Upsher-Smith Laboratories Inc. plans a Upsher-Smith Laboratories 120,400 SF expansion of its headquarters in Maple Grove. The firm Hennepin N/A N/A 120,400 Announced/Planned 9/28/2012 Inc expects to begin construction next spring or summer. 3M is planning a $150 million research lab at its Maplewood campus. 3M - Corp HQ Construction will start summer of 2013 and should finish in early 2015. It Ramsey $150,000,000 N/A N/A Announced/Planned 9/26/2012 will house 700 existing 3M researchers and scientists. Comcast Corp. plans to add 150 call center jobs in the Twin Cities. About 100 will specialize in billing issues in St. Paul and 50 others will be Comcast Cable - St Paul Ramsey N/A 150 N/A Announced/Planned 9/25/2012 located to the Minnetonka operation. The additional call center employees will be in addition to 450 existing employees. Wyoming-based Polaris, which designs and tests snowmobiles, ATVs Polaris Industries Inc - and motorcycles, broke ground on its product development facility in Chisago N/A 350 144,000 Under Construction 9/19/2012 Wyoming Wyoming. The project will more than double the R&D building in the 144,000 SF expansion and will include about 350 employees. German-based high-end ag manufacturer, Geringhoff Worldwide, plans to build a manufacturing plant in St. Cloud, its first North American Geringhoff Inc Benton $20,000,000 100 110,000 Announced/Planned 9/10/2012 Germany factory. The shovel-ready plant site, with its estimated $20 million plant, includes a 110,000 SF manufacturing building. Sartell-based digital marketing form, W3i, will lease 3,000 SF of space in Minneapolis for 30 employees. About 15 employees already work in the W3i Holdings LLC Hennepin N/A 15 3,000 Announced/Planned 9/10/2012 building. W3i has grown quickly due to rising demand among mobile app developers for its advertising network… Eye-care and Lasik surgery provider, North Suburban Eye Specialists, North Suburban Eye will build a $7.5 million building in Coon Rapids to meet increase Anoka N/A N/A N/A Announced/Planned 8/30/2012 Specialists - Coon Rapids demand. The firm plans to occupy about 22,000 SF in the building. Brau Brothers Brewing Company and the city of Marshall signed a $250,000 business subsidy agreement for the brewery to acquire and Brau Brothers Brewing Co. Lyon $250,000 $8 N/A Announced/Planned 8/28/2012 renovate a building in Marshall to start producing beer. It is estimated to create 8 full-time positions. India-based software firm, Tata Consultancy Services, plans to add as many as 150 jobs and has signed a lease at Normandale Lake Office Tata Consultancy Services Hennepin N/A 150 50,000 Completed 8/28/2012 India Park in Bloomington. DEED's MIF program provided a $500,000 loan, half of it forgivable. My Pillow, manufacturer of pillows, plans to lease 46,000 SF in an industrial facility in Shakopee to move 200 jobs from its Carver facility it My Pillow - Carver Scott N/A N/A 46,000 Announced/Planned 8/23/2012 has outgrown. It's also launching its own stores in Rosedale and other seven stores. Super Radiator Coils, manufacturer of rapid, cool-down coils used in nuclear plants, constructs a 13,000 SF addition to its 65,000 SF HQ and Super Radiator Coils Carver N/A 40 13,000 Under Construction 8/23/2012 plant in Chaska. It plans to add 10 jobs with the potential to add 30 more jobs in the coming months. New Vision Coop is a full-service supplier which produces bases and concentrates, complete feeds, and starters for swine, dairy, beef, sheep, New Vision Coop and poultry. Rock County was awarded $264,000 to assist New Vision Rock $264,000 11 N/A Completed Coop with building a feed mill, feed warehouse and a grain handling facility. The company will create 11 jobs. 8/22/2012 Atlanta-based Consolidated Container Co. plans to create a multi-line production plant in Lakeville. An entity owned by the company recently Consolidated Container Co Dakota $1,600,000 N/A 46,000 Announced/Planned 8/14/2012 spent $1.6 million for a 46,000 SF facility in Lakeville. Initial work on the Lakeville facility will be completed by the middle of 2012. Massachusetts-based Stream Global picked Eagan as its HQ for call centers. The first call center will locate 40-50 jobs and the second one Stream Global Services Dakota $2,000,000 45 N/A Announced/Planned 8/3/2012 will have 300-400 call center jobs. The company is asking for MIF funding of $1.5 to $2.0 million to help renovate the first site. WSI Industries, contract manufacturer of precision parts, plans to expand WSI Industries Inc into a 47,000 SF facility by early 2013. This will increase the employee Wright N/A 70 47,000 Under Construction 8/2/2012 count to 70. COKeM International Ltd., a video game and accessory distributor, COKeM International Ltd N/A 162,000 Announced/Planned 7/25/2012 signed a lease for 162,000 SF in Shakopee. Pet food and supply distributor, RFG Distributing Inc., leased 119,000 SF RFG Distributing Inc Hennepin N/A 119,000 Announced/Planned 7/25/2012 in New Hope. Issaquah, Wash. based apparel supplier SanMar Corporation plans a Sanmar Corporation Scott $35,000,000 150 580,000 Announced/Planned 7/25/2012 580,000 SF distribution center in Shakopee. Hudson, Wisconsin-based AmTech Ingredients is a producer and distributor of specialty food ingredients, primarily in powdered form, that serve a functional role in the development of prepared foods. Am Tech Am Tech Ingredients recently purchased part of a Minnesota plant in Albert Lea. Freeborn Freeborn $400,000 20 N/A Completed 7/25/2012 County was awarded $400,000 from DEED's MIF to assist Am Tech Ingredients with its expansion. The expansion will result in the creation of 20 jobs. Charlotte, N.C. based Goodrich Corporation opens an expanded (new Goodrich Sensors & 46,000 SF) high tech manufacturing in Burnsville. The Burnsville Dakota N/A N/A 46,000 Completed 7/20/2012 Integrated Systems business has more than 1600 employees in Minnesota with approximately 1275 in Burnsville. Duluth, Ga. based Agco, manufacturer of farm and construction equipment, plans a $6.2 million expansion in Jackson, adding 200 jobs AGCO Corporation Jackson $6,000,000 200 75,000 Announced/Planned 7/6/2012 and two large tractor assembly lines for Agco's two crop tractors which were previously built in France. Triple J Family Farms, a venture of a Chicago meat distributor and an Iowa feedlot operator, reopened its Buffalo Lake plant with about 80 Triple J Family Farms Renville N/A 80 N/A Completed 7/6/2012 workers. With a planned expansion, it would employ around 200 in Renville county. Grand Totals (28 projects) $361,814,000 1,667 2,050,400 Venture Capital Investments - Third Quarter 2012 Venture Capital Company/Organization Project Summary County Investment Develops and markets products designed to restore human sphincter Torax Medical, Inc. Ramsey $30,000,200 function. Tactile Systems Develops medical devices to treat vascular disorders such as Hennepin $10,400,000 Technology, Inc. lymphedema. Segetis, Inc. Segetis, Inc. is a technology-enabled green chemistry company. Hennepin $25,525,000 OptiMine Software, Inc. OptiMine Software, Inc. provides software for advertising optimization. Ramsey $250,000 MinuteBids, Inc. MinuteBids, Inc. offers a free online Request for Proposal (RFP) platform. Hennepin $95,000 Provides wireless sensors and remote monitoring solutions for senior Healthsense, Inc. Dakota $6,999,900 care. Develops medical devices for the treatment of obstructive sleep apnea Apnex Medical, Inc. Ramsey $10,000,000 (OSA). Venture Capital Investment Totals (7 projects) $83,270,100 Angel Tax Credit Investments - Summary for 2012* Angel Tax Company/Organization Project Summary County Credit Investment Minneapolis-based Recombinetics, Inc. (RCI) is a development-stage company that has invented and implemented state-of-the-art genetic Recombinetics, Inc. engineering and genome editing technologies that will be used to develop Ramsey $705,000 unique and improved genetic lines of large animals for the biomedical, animal health, and food animal markets. Pursuit Vascular, Inc., a private company with headquarters in Pursuit Vascular, Inc. Minneapolis, MN, is focused on developing innovative catheter infection Hennepin $2,203,500 reduction technologies. Minneapolis-based firm specializing in applications of digitized, brand Novu, LLC Hennepin $2,000,001 loyalty strategies to health care. Card Cells is a startup business and is projected to be operational in May 2013. The Company has designed and is building a proprietary high Card Cells, LLC $1,837,500 speed imaging and packaging machine which allows an improved method of manufacturing Open Loop Prepaid Card packages. Miromatrix is a participant in the field of regenerative medicine. Regenerative medicine is the process of creating living, functional tissues Miromatrix Medical, Inc. Hennepin $1,693,600 to repair or replace tissue or organ function lost due to damage or birth defects. Founded in 2010, SportsData LLC is the fastest-growing sports statistics Cloud Sports Data, LLC and editorial provider in the U.S., covering all major U.S. sports as well as Hennepin $1,477,684 hundreds of leagues throughout the world. Chaska-based Real Time Translation, Inc. provides on demand mobile Real Time Translation, Inc. Carver $1,451,492 language interpretation services. Maple Grove-based HSIO Technologies applies advanced design HSIO Technologies, LLC concepts and manufacturing processes to enable interconnect solutions Hennepin $1,300,000 with ever smaller form factors and ever higher performance. Minneapolis-based OrthoCor Medical is a pain management-company, that combines pulsed electromagnetic frequency (PEMF) technology and OrthoCor Medical, Inc. Hennepin $1,270,101 medical expertise, for the purpose of mitigating knee pain and returning customers to an active lifestyle. Faribault-based Living Green Farm is a business that uses aeroponics-- Living Greens Farm, Inc. Rice $1,227,163 growing plants in an environment other than soil--as cheaply as possible. Minneapolis-based maker of ThrillBox; represents industries related to Thrill On, LLC Scott $1,135,000 the preparation of customized gift sets. Minneapolis-based Conservis is a leading software solutions provider with extensive experience developing and implementing ISO compliance, Conservis Corp. tracking, traceability and performance management tools. Its solutions Hennepin $1,022,500 help clients reduce costs, grow revenues and manage risk and eliminate compliance headaches. Plymouth based-Metamodix Inc., a startup developing medical technology to treat metabolic disorders. Reducing how much food is Metamodix, Inc. Hennepin $1,016,375 absorbed into a section of the small intestine can help treat type 2 diabetes. Development of consumer information and communications portals for the electrical utilities industry. Accelerated Innovations developed a Accelerated Innovations, software as a service product, MyMETER, which enables the electrical Ramsey $1,000,000 LLC utility customer to view their electrical usage online daily, weekly or monthly format. Minneapolis-based developer of the most advanced student assessment eLumen Collaborative, system in higher education; recently achieved a successful test of the Hennepin $1,000,000 LLC new Student Learning Outcome Transcript. Other 102 Grantees $25,810,758 Angel Tax Credit Totals (117 projects) $46,150,674 *Finalized list of Angel Tax Credit Investments in 2012. Total Foreign- Jobs - New Expansion Project Announced Total Project Project Status/Stage of Owned Company/Organization Project Summary County (est. within 2 Size Announcement Completion Cost Development Business HQ yrs.) (Square Date Date Country Feet) Second Quarter Aspen Research is a producer of specialty materials and custom bioresin compounds, as well as a materials development laboratory. The Aspen Research company has outgrown its current facilities and is proposing to relocate Hennepin $2,350,000 23 N/A N/A N/A Corporation its operations to Maple Grove from White Bear Lake. MIF funding of $450,000 will leverage $1.9 million in private investment. Bloomington-based manufacturer of satellite television antennas for Electronic Controlled mobile and portable applications, primarily recreational vehicles, boats, Hennepin $774,500 12 N/A N/A N/A Systems Inc. and over-the-road trucks. The MIF grant of $227,500 supports the acquisition of new production machinery and equipment. Waseca-based Birds Eye is an international brand of frozen food and is considered one of the founders of modern frozen food industry. The MIF Birds Eye Foods LLC project involves the expansion its fresh processing capacity for cut corn Waseca $9,000,000 15 N/A N/A N/A through the addition of machinery and equipment as well as the addition of a new packaging line for these products. Brainerd-based BTD Wood Powder Coating provides a finish for commercial wood products that involves an electrostatic powder coating BTD Wood Powder process. The company is expending in their Brainerd location and will Crow Wing $320,000 7 N/A N/A N/A Coating Inc. purchase machinery and equipment with the assistance of MIF funding of $100,000. Eden Prairie-based Alixa is a startup business that provides automated remote dispensing of medications for use in assisted living and other Alixa RX LLC Hennepin $2,355,917 66 N/A N/A N/A facilities. MIF funding of $200,000 will leverage other private investment to create 66 new jobs. Australia-based K & C Fisheries Global specializes in the research, K & C Fisheries Global harvesting, and marketing of carp worldwide. With DEED funding of Wabasha $1,088,000 12 11,000 N/A N/A Australia USA $288,000 and other funding, this project is an expansion and renovation of an existing 11,000 SF building in Wabasha. Minneapolis-based Allina Health is spending $10 million to turn a 33,000 Allina Health Systems - SF warehouse in Anoka into a data center. Work started last May and is Anoka N/A 100 33,000 Under Construction 6/27/2012 HQ expected to finish by the end of 2013. About 100 workers will work on the project and its 13 data-center employees will be based in Anoka. HyberData, a data center facility provider, is retrofitting roughly 40,000 SF office building in Chaska into a data center "hotel" that will rent out HyberData LLC Carver N/A N/A 40,000 Under Construction 6/26/2012 space to tenants. If demand is strong enough, it could expand the building into a 165,000 SF structure. Metro Mold and Design opened its new $5.2 million Medical Manufacturing Center headquarters in Brooklyn Park. The 100,000 SF Metro Mold & Design Hennepin $5,200,000 N/A 100,000 Completed 6/25/2012 facility has markets that include general manufacturing, medical devices, fuel cell components, printer components, and others. ... Montevideo-based SpecSys, a contract engineering and manufacturing SpecSys Inc - Montevideo firm, plans to locate to New Ulm. It specializes in building custom Brown N/A 12 N/A Announced/Planned 6/22/2012 machines for other businesses as well as other custom products. Fair Isaac Corp., maker and seller of FICO scores, will relocate its headquarters from Minneapolis to a new 93,000 SF space in Roseville. Fair Isaac Ramsey N/A N/A N/A Under Construction 6/22/2012 Its 350-person staff will also move in the process. It expects to spend $3 million renovating its offices in the next six months. Cold Spring Brewing invested $12 million on a new brewing operation at Cold Spring Brewing Co Third Street Brewhouse. The 7,800 SF brewhouse can create 75 barrels Stearns $12,000,000 N/A 7,800 Completed 6/16/2012 of beer at a time, equivalent to more than 2,300 gallons. New York-based BrightFarms broke ground on a 38,000 SF greenhouse in St. Paul that will grow year-round lettuce, tomatoes and herbs BrightFarms Inc Ramsey N/A 56 38,000 Under Construction 6/4/2012 hydroponically. Construction is expected to be finished by September and packaged lettuce should be available in the fall. Dakotas-based Sanford Health breaks ground on $60 million medical Sanford Health - Thief center in Thief River Falls. The 137,000 SF facility will centralize care for Pennington $60,000,000 N/A 137,000 Under Construction 5/31/2012 River Falls patients and is expected to be finished by fall 2014.

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ADO Products, maker of building products that includes vents for attics, garage door insulation . A net 50 jobs will move to Rochester. Faribault-based Living Green Farm is a business that uses aeroponics-- growing plants in an
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