Control Products Inc.
By DICK YOUNGBLOOD, Star Tribune
Business: Designs and markets electronic controls that form the innards of restaurant equipment, heating and refrigeration installations and medical diagnostic devices. Included on the product list are water, power and temperature alarms that alert customers with a telephone call when problems arise.
Founded: 1985
Headquarters: Chanhassen
Website: www.controlproductsinc.com
Executives: Chris Berghoff, founder and CEO; Paul Carlson, president
Employees: 280
2009 revenue: $21.3 million, down 17 percent from $25.6 million in 2008 and 18 percent below the peak of $25.9 million in 2007. The business is on track to reach $36 million this year.
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DICK YOUNGBLOOD, Star Tribune
The Minnesota Attorney General’s Office recently issued a warning about an uptick in complaints from homeowners, saying mortgage-assistance frauds usually contact vulnerable owners with unsolicited mailings and ask for up-front payments.