Duluth News-Tribune, Minn. Knight Ridder/Tribune Business News
Feb. 4--Online optics retailer Thralow Inc. of Duluth, Minn., has signed an economic development agreement that will allow it to build in a tax-free zone in neighboring Proctor.
Thralow has agreed to relocate to land on Westgate Boulevard, invest at least $750,000 in a new building and create three new jobs, according to a company news release. The building will be in a tax-free Job Opportunity Building Zone, or "JOBZ." Currently, Thralow is located at 30 E. Superior St. in downtown Duluth.
"Our existing location is constricting our growth," CEO Daniel Thralow said in a prepared …