[Image courtesy of Decklan Group]
The new building became operational in February, according to P&F Machining President Dan Pawlak.
The project cost $6.7 million and brought 40 jobs into Otsego from P&F’s previous home in Dayton, Minn. As part of its economic development agreements with state and local governments, P&F promised to create another 17 jobs over the next 2 years, according to the local Star News.
Decklan Group, an economic development consultancy, says it helped negotiate a financial package nearing $1 million to help P&F with property assessments and the cost of a needed road extension to provide access to the building site. “This project was the poster child for Decklan Group working closely with a business and local units of government to make sure all parties benefited as much as possible from the project,” Decklan Group said on its website.
Founded in 1983, P&F machining boasts state-of-the-art equipment, tooling technologies, software systems including JobBoss and Virtual Gibbs, up-front design and engineering services and fixturing efficiencies
[Want to stay more on top of MDO content? Subscribe to our weekly e-newsletter.]
