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PEDC Minutes <br />March 20, 2002 <br />Page 3 <br />is an approximately six mile section of highway that continues the Greencarpet <br />Memorial Route to the south. The total cost of that part of the project is twenty- <br />one million dollars. <br />Mr. Vest advised the Board of a meeting on March 1, 2002, with Paul <br />Bellofatto, owner of Hawk Insulation Construction. Mr. Bellofatto has built a <br />plastic injection molding machine that stamps out plastic pallets for people that <br />need to contain hazardous products, chemicals, and food. Mr. Vest said Mr. <br />Bellofatto has back orders for fifty machines and he is wanting to start a <br />manufacturing business in order to build these machines. He also wants to place <br />one in service and start running his own plastic molding operation. Mr. Vest <br />said that this would basically be a start-up venture, and he would continue <br />working with Mr. Bellofatto. <br />From March 8 through 12, 2002, Eric Roddy and representatives of Paris Junior <br />College attended the Jewelry Manufacturers Trade Show in New York He said <br />it was successful and Eric is building a data base of the companies that were <br />identified. Eric feels that PEDC needs to partner with Paris Junior College and <br />let Paris Junior College distribute PEDC's materials and help them display at <br />different jewelry manufacturers trade shows. <br />Mr. Vest reported that Eric has been in Chicago since Sunday at the National <br />Association of Manufacturers, which is one of the best trade shows they attend. <br />Mr. Vest met with the owners of the K-Mart building and they are looking to <br />sell the building and have set a price of 1.3 million dollars. Mr. Vest said that <br />he and Eric were going to do a data sheet and try to market this building. <br />Mr. Vest showed the Board a Greater Dallas Industrial Guide in order for them <br />to see the advertisement that the PEDC has in it. He said that he plans to do <br />more brochures like the one they are using to market the Oliver building and the <br />one that they are going to use for the K-Mart building. Mr. Vest said he and <br />Eric are going to visit with several of the industrial brokers and leave them <br />