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A Los Alamos small business that made good in the world celebrated another milestone Tuesday evening.
HYTEC, now partnered with IMTEC of Ardmore, Okla., and about to be acquired by the industrial powerhouse 3M corporation, brought out the golden shovels to formally break ground for a new technology center at the eastern entrance to the town site.
Tim Thompson, one of the founders of the custom engineering company HYTEC, now the CEO and president of dental products manufacturer IMTEC, thanked the staff and the local believers in Los Alamos for their support during the years.
Hugo Hinojosa, vice president for operations in Los Alamos, said the new building would be 20,000 square feet with 15,000 of that devoted to office space and 5,000 square feet for the assembly and manufacturing area. There will be room for about 75 employees, half again as many as the current payroll, in the new building – which is expected to get its LEED (Leadership in Energy and Environmental Design) green building certification and be ready for occupancy by the end of the year.
The construction was supported in part by a $2.4 million community development loan from Los Alamos County.
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