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Rushford City Council: RiverBend Electronics takes over TRW


Fri, Apr 13th, 2007
Posted in Government



RUSHFORD - RiverBend Electronics general manager Gregg Reick, using a PowerPoint presentation, introduced his company to the Rushford City Council at their regular meeting April 9. RiverBend is a new company affiliated with RiverSide Electronics of Rushford and Lewiston and RiverStar of Winona; it will occupy the east building of the former TRW plant. The company will do product startup and end-of-life electronic service builds; it will build to purchase orders and to inventory. Reick called the company a "proto lab on steroids." RiverBend will specialize in low volume assembly and will serve as a virtual warehouse for its customers. The work will be "people intense" with much hand assembly and hand soldering.

The east building of the former TRW plant with its conductive tile floor is a perfect location for the electronics assembly. The clear span warehouse will be outfitted with a new storage system. RiverBend has a $1.5 million line of credit for capital expenses; leaded insertion equipment and wave soldering equipment will be purchased first. Leveraging off of Riverside, a company with $55 million in sales last year, RiverBend will have a $2 million line of credit for materials.

Along with purchasing power, RiverSide will provide HR and IS/IT support and accounting services for RiverBend as well as an established network of suppliers and materials sources. The three companies have a combined $20 million line of credit.

According to special projects engineer, Rodney Allen, they are trying to guarantee the success of the company. Initial investors have raised about $1 million in cash. While they will use the support services of RiverSide at first, they intend to add support positions when possible at RiverBend. President Steve Craney is confident RiverBend will be as large as RiverSide in the future.

RiverBend will employ a total of forty people initially; twenty-five of which will be new employees. The other experienced employees moved to Rushford from Winona and Lewiston will be replaced with new employees as well.

Employees will work four ten-hour days, Monday through Thursday; a second night shift will be added later. A third shift working Friday through Sunday may be added after that. With such shifts, the same expensive equipment can be used to the maximum.

Answering a question from Council member Laura Deering, Allen informed the council his company was "one of the cleanest industries out th .....
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Sheriff's Office receives Safe & Sober award

Fri, Apr 13th, 2007
Posted in Government

PRESTON - County Sheriff Daryl Jensen informed the county board at their April 10 meeting that Fillmore County was the only county in Minnesota to receive a first place award in the 2006 Safe & Sober Challenge. The award is in recognition of improve ..... 
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Harmony approves plan for Jacobson addition

Fri, Apr 13th, 2007
Posted in Government

HARMONY - Residents of Harmony turned out for the Public Hearing on the Jacobson Addition project last Tuesday evening. The hearing was held before the regular city council meeting. Brett Grabau from the engineering firm Bonestroo & Associates prese ..... 
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Tschumper addresses county board

Fri, Apr 6th, 2007
Posted in Government

PRESTON - Representative Ken Tschumper started his discussion saying that he had some good news at the April 3 board meeting. He said that the $500,000 needed to forgive Fillmore County's MR-RC (mental retardation and related conditions) Waiver debt ..... 
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Church Hill development agreement signed

Fri, Apr 6th, 2007
Posted in Government

LANESBORO - With a development agreement signed at the Lanesboro City Council meeting April 2, developer Dan Anderson can now move ahead with his plans for the old school building. According to the agreement, construction is to begin by December 31, ..... 
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Historical elevator restoration nearly completed

Fri, Apr 6th, 2007
Posted in Government



The president of the Historical Society in Preston, Dick Petsch, updated the city council on restoration progress for the old elevator at the April 2 meeting. Council member Jon Haugan was absent.

Petsch proudly reported that the ele ..... 
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Spring Valley City Council Report: 2007 stormwater upgrade project goes to bid

Fri, Mar 30th, 2007
Posted in Government

City Engineer Bryan Holtz fielded any remaining concerns about the stormwater project at the March 26 Spring Valley City Council meeting. After which the city council unanimously approved a resolution accepting plans and specifications and authorizi ..... 
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Rushford City Council Report: Highums to donate land in honor of Asmund Vaagen

Fri, Mar 30th, 2007
Posted in Government

The Rushford City Council accepted the gift of property on Magelssen Bluff from Glen and Rob Highum at their regular council meeting March 26. Jamie Edwards of the DNR facilitated the donation. Acceptance of the donation is subject to all deeds and ..... 
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Commissioners Report:Township representatives air opinions and questions

Fri, Mar 30th, 2007
Posted in Government

PRESTON - A Public Hearing for the Rural Addressing Ordinance Amendment drew several township representatives to the March 27 County Board meeting. Danea Larson, Rural Addressing, read the proposed amendment dealing with which government unit is res ..... 
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