Address
City: Saint Paul
Neighborhood: Nicols
State: Minnesota
Postal Code: 55120
Country: United States
Business facts
Estimated annual revenue~$1.6M
Estimated employees~5
Estimated wage bill~$383.9K
In business since2003
Based on reported payroll data
Contacts
Area statistics (55120)
Population5,194
Median household income$105,125
Source: US Census ACS
About
The Surface Engineering Group, established in 2002, is led by founders Shannon Bosak and Gene Soderberg, who bring over 58 years of combined experience in building and operating Physical Vapor Deposition (PVD) systems. With a track record of constructing over 200+ units, the group specializes in manufacturing PVD equipment using cathodic arc and/or sputtering process systems, with the ability to adjust source size to substrate size. The group also offers refurbishment services for old style PVD machines and has developed a full automation option for both new and refurbished machines.
🅿️
Parking
Yes
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning around its category median in a growing category (Engineer).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$1.1M2019
~$1.1M2020
~$1.2M2021
~$1.2M2022
~$1.2M2023
~$1.6M2024
Modeled from official industry statistics+6.6%/yr since 201980% confidence band: ±42%
Company profile
Incorporated2003 (MN)
Employees (reported band)8-17
Facility size~3,000 sq ft
Observed
Property
Lot size2.54 acres
CountyDakota
Parcel ownerCor Ii Partnership Llp
Last sale$1.2M (863481600000)
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$2.0K · 2 jobs reported
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Engineer in Minnesota | 297 | ~$1.6B | ~$5.4M | ~$1.8M | 5.0★ | 0.9× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure23 chains expanding in this category, led by Bolton & Menk Inc, Widseth, SEH (+45 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 275 | ~$1.5B | ~$5.4M | ~$1.3M | 3,390 | ~$428.3M | 1.2× |
| Professional, scientific and technical activities | 50 | ~$248.9M | ~$5.0M | — | 666 | — | — |
1 km area (all businesses): median from the 213 of 275 businesses with estimates
Estimate
Area conditions (55120)
Population5,194 ±488
Median household income$105,125 ±$19,782
Median home value$449,200
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS