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Crenlo Engineered Cabs, a Portfolio Company of Angeles Equity Partners, Divests Brazilian Business streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Crenlo Engineered Cabs, a Portfolio Company of Angeles Equity Partners, Divests Brazilian Business eagletribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eagletribune.com Daily Mail and Mail on Sunday newspapers.
Changes made in top leadership of Rochester's Crenlo postbulletin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from postbulletin.com Daily Mail and Mail on Sunday newspapers.
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 Patrick Keane said, adding that such subsidies are not ideal. The owners of the 69-year-old Rochester manufacturer told its employees and city staff last year that they were considering leaving Rochester and shifting production to facilities in Iowa and North Carolina. ....