JULY 2009

DENNIS FRANDSEN INDUCTED INTO MINNESOTA BUSINESS HALL OF FAME

Dennis Frandsen, founder, CEO, and chairman of the board of Frandsen Corporation, was inducted into the Minnesota Business Hall of Fame on July 23, 2009.

The Minnesota Business Hall of Fame honors the lifetime achievements of extraordinary business leaders in the state of Minnesota.  It is sponsored by Twin Cities Business magazine.  The ceremony, held at the Minneapolis Hilton, honored Frandsen, Viet Ngo, Edward Jay Phillips, Michael Fiterman, and Carl Platou.

"Members of the Minnesota Business Hall of Fame rank among Minnesota's most accomplished business leaders of all time," according to Twin Cities Business magazine. "They represent a variety of industries and regions within our state, and each is uniquely distinguished, but they also have much in common. Each has been an individual of enterprise who has improved Minnesota's business landscape. Each has been a leader, an agent of change, and a source of inspiration. Each has helped create a better world."

"Dennis has spent a lifetime building successful companies with five very basic ingredients: good sense, good values, plain dealing, hard work, and a Midwesterner's humility," says Rich Hoban, president and chief operating officer of Frandsen Financial Corporation.

"This is a tremendous honor that I share with the talented and dedicated employees working at all of our companies," Frandsen said. "Their good work is what made our success possible."