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Last modified
7/17/2007 12:07:20 PM
Creation date
12/8/2004 12:39:03 PM
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Template:
Planning Files
Planning Files - Planning File #
2729
Planning Files - Type
Planning-Other
Address
2285 COUNTY ROAD C W
Applicant
COMPUTYPE
PIN
012923410001
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<br />, ' <br /> <br />Q~J~~f1 <br /> <br />1 <br /> <br />Newsletter Client Profile <br /> <br />SOMETIMES IT PAYS TO CALL "TIME OUT" <br /> <br />Computype Inc. was only days away from accepting a business decision it didn't like. <br /> <br /> <br />Having outgrown its Roseville, Minnesota production and office headquarters, moving out of <br /> <br /> <br />town seemed to be the only viable alternative. Chief Operating Officer Rick Huntsinger and <br /> <br /> <br />Chief Financial Officer Sue Stenbeck didn't want the upheaval for employees or the higher <br /> <br /> <br />long term occupancy costs that would accompany a move to another city. Roseville was <br /> <br /> <br />"home" for Computype, but accommodating growth in its current location appeared <br /> <br /> <br />impossible. <br /> <br />Prauenshuh principals Tom Hauschild and Dick Strassburg called "time out." They <br /> <br /> <br />recommended that Computype refrain from finalizing any commitments for one week in <br /> <br /> <br />order to give them time to explore an approach that could keep the company in Roseville <br /> <br /> <br />where it had been for nearly 20 years. The City of Roseville, First Bank, Computype and <br /> <br /> <br />Prauenshuh Companies went into a huddle that resulted in an ultimate solution. Computype <br /> <br /> <br />has not only remained in its Roseville facility, but has reconfigured and expanded, thanks to <br /> <br /> <br />a unique loan arrangement created by the City, First Bank and Prauenshuh Companies. <br />
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