Crenlo Engineered Cabs, an Angeles Equity Partners Portfolio Company, Adds Stephen Pridmore as Chief Commercial Officer
ROCHESTER, Minn.--(BUSINESS WIRE)--Sep 11, 2023--
Source: valdostadailytimes.com
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Rochester City Council approves forgivable loans to Crenlo
Crenlo agreement requires manufacturing jobs to stay in city for at least five years. 7:25 pm, Apr. 19, 2021 × Plans for $750,000 in forgivable loans to Crenlo Engineered Cabs were approved Monday. The Rochester City Council unanimously approved using $300,000 from the city’s Economic Development Fund and $450,000 provided by the state's Minnesota Investment Fund to support work Crenlo has planned on local facilities. “The key thing for me is the undertaking of the $4.25 million renovation, along with protecting the jobs, and there’s new jobs coming in,” council member Pat...
Source: postbulletin.com