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Voltedge, Inc. dba Ady Advantage | 301 S. Blount St, Suite 103 | Madison, WI 53703 | 608.663.9218 | AdyAdvantage.com 7 <br />Executive Summary <br />TARGET INDUSTRY ANALYSIS <br /> <br />In order to determine which specific industries drive Anoka County’s economy, a 6-digit NAICS code analysis was conducted on a number of <br />industry groups. After analyzing and screening these industries, we came up with the following recommended target industries for Anoka <br />County: <br /> <br />Target Industry Subsectors of Focus Comments <br />Light Manufacturing <br />Medical Device Manufacturing <br />and Related Industries <br />•The medical device supply chain is well developed in the region. <br />•Technologic advances in medical devices are creating opportunities for metal and <br />advanced materials fabrication and precision instrument manufacturing. <br />Plastic Product Manufacturing <br />•Plastics manufacturing technologies are well established in the region <br />•Producers are aligned with both advanced devices (e.g. medical devices) and <br />commodity parts (e.g. food machinery, farm equipment, transportation equipment) <br />Instrument Manufacturing <br />•Instrumentation and measuring devices are critical to manufacturing precision <br />products including medical devices. <br />•There is growing demand for precision instruments. <br />Metal Working, Machining and <br />Specialized Materials <br />•The region has a strong tradition for precision machining and the fabrication of metal <br />and other specialized materials. <br />•Advanced materials, such as carbon fiber, are growing in importance within the global <br />economy. <br />Chemical Manufacturing <br />•Minneapolis/St. Paul region has a long history around innovation and manufacturing <br />of adhesives and other industrial supply chain specialty chemicals. <br />•Advances in medical devices, pharmaceuticals, coating technologies are present in the <br />region and align with Anoka County skill sets. <br />Heavy Manufacturing Machinery Manufacturing •This includes machinery related to existing industries in the region including food <br />processing and material handling equipment, and farm machinery. <br />Distribution and Trucking Specialized Distribution and <br />Warehousing <br />•The big box-type fulfillment centers are more likely to locate south of the city for better <br />access to market; however, Anoka County has seen some small specialty distribution <br />going on in the region and smaller trucking operations. <br />Data Centers Smaller data centers <br />•Data centers are big users of electricity and Anoka County has the infrastructure to <br />support this. However, this industry also requires fiber access, which is only available <br />in some parts of the county. Recruitment should be limited to only those areas. <br />Back Office Medical services <br />Call centers <br />•Some available buildings for this; however, there will need to be a better inventory of <br />these buildings in the future in order for Anoka County to realistically recruit this <br />industry.