Terry Low, founder and CEO of 12-year-old Byte Technology, this month moved the headquarters of his 13-employee Web design firm to Bloomington from Monterey, Calif.
The employees in the California and Denver offices stay put. But Low, a California native and first-generation American whose parents immigrated from China, decided to move to the Twin Cities to try to expand the local client list and because he and his Korean-born wife have relatives here. They decided it would be a good place to raise two young children.
Low, whose clients range from AT&T to National Geographic, has joined a south suburban bicycling club and is a Rotarian who has done humanitarian work in the Middle East and Nicaragua.
Q: Why are you moving your family from south of Silicon Valley to the southern Twin Cities suburbs, also known as the Tundra during the winter?
A: After having visited the area numerous times for the past three years for business and to visit relatives, it was apparent the growth opportunity for the company and my family are tremendous.
The quality of Minnesota education was also an important factor for my expanding family, which includes a 3- and 1-year-old.
Q: How does the cost of doing business figure in your decision?
A: Though the business taxes may be higher, the cost of doing business is lower. The Web and design talent in Minnesota is outstanding and the cost of employment comes at a lower rate.