Fargo tax break provides firm a jolt
A Minneapolis company is bringing an electrical testing laboratory and 10 jobs to Fargo. High Voltage Testing Laboratory will build a 12,000-square-foot facility in Fargo's industrial park, according to Lon Thimjon, the company's president "We ho...
A Minneapolis company is bringing an electrical testing laboratory and 10 jobs to Fargo.
High Voltage Testing Laboratory will build a 12,000-square-foot facility in Fargo's industrial park, according to Lon Thimjon, the company's president
"We hope to be up and running by mid-year," Thimjon said.
The company also has a facility in Minneapolis and has a smaller testing operation south of Moorhead.
The city of Fargo has granted High Voltage Testing Laboratory a five-year property tax exemption, said Ben Hushka, the city assessor. Hushka said the company has applied for its exemption for a building to be constructed at 4302 15th Ave. N.
Brian Walters, president of the Fargo-Cass County Economic Development Corp., said his office has been working with the company for about a year.
Walters said the company also might be eligible for state jobs training and corporate income tax credits.
High Voltage Testing Laboratory is a subsidiary of Bermeister Electric Co. of Minneapolis.
Created by Bermeister in 1963, the subsidiary tests and certifies tools and protective equipment used and worn by electric linemen. It also tests items such as jumper cables, insulating sleeves and blankets and matting material.
According to a company Web site, High Voltage Testing Laboratory is capable of testing equipment and gear from 500 volts through 100,000 volts. The company has more than 1,200 customers in 35 states, according to Thimjon.
Walters said the average annual salary for the 10 employees will be $26,000.
"It's a good company," Walters said. "We expect them to be great members of our business community."
Readers can reach Forum reporter Gerry Gilmour at (701) 241-5560