Dave Olson, Published April 05 2013
Trade Talk: North Fargo projects taking shape
One, a Prinsco Inc. facility that is nearing completion at 4141 37th St. N., will manufacture high-density plastic pipe products for use in water management, including many products for the agricultural market.
The other project is a large warehouse taking shape just to the east of the Prinsco plant.
The warehouse is being built by KBW Associates for County 20 Storage and Transfer, which is owned by Bob Nelson.
The project, which will have about 246,000 square feet of space, is valued at about $6 million.
Nelson said the food-grade, dry storage warehouse is expected to be up and running by August.
He said County 20 Storage and Transfer plans to move its headquarters into a portion of the new space.
The company’s headquarters are now in a nearby building that is part of a County 20 Storage and Transfer complex.
The new Prinsco plant will have an estimated 30,000 square feet of manufacturing and warehouse space when it becomes operational early this summer.
By that time, the company will have moved out of a temporary manufacturing location in Moorhead that it has used since early 2012.
Information Prinsco provided the city shows the company’s property in north Fargo has a land value of $400,000 and a building value of about
The company asked for and received a property tax break from the city on the building portion of the company’s tax bill.
Prinsco is expected to receive a tax break of about $20,304 a year for the five years the exemption is in place.
The factory is expected to create 24 jobs within its first three years of operation.
Based in Willmar, Minn., Prinsco has nine manufacturing facilities in Minnesota, Illinois, Iowa, Missouri, California, South Dakota, North Dakota and Wisconsin.
David Leonardi, owner of Curt D. Johnson Auction Co., has set up a spin-off business called The Treasure Zone.
It is located in a large rented building at 2105 Central Ave. NW, in East Grand Forks, Minn.
One part of the building houses space that can be rented for flea markets and garage sales.
That space will be available for Fridays and Saturdays, likely starting in May, Leonardi said.
Another part of the building will be used for once-a-month consignment and estate auctions, he said.
For more information, call Leonardi at (701) 740-9870.
Fargo’s VISIONBank is featured in the March issue of American Banker Magazine.
The story is primarily a photographic look at the bank’s main office at 3000 25th St. S., a location that was a restaurant before it was a bank.
VISIONBank founder and CEO Dan Carey talks in the story about how he wants customers to feel at home, hence the presence in the bank of a fireplace, a grand piano and a conference room that gets used on weekends by a prayer group.
Carey’s 2-year-old black Labrador, Scout, also appears in the story. The dog has been spending time at the branch since she was a puppy.
The summer months will be a little less sweet in downtown Fargo.
Charlie’s Ice Cream Parlour, which opened at 515 3rd Ave. N., in November 2007, has closed.
Charlie’s offered hand-scooped ice cream, sundaes, shakes and malts.
Readers can reach Forum reporter Dave Olson at (701) 241-5555.