LT Diamond

LT Diamond In 2017, LT Diamond purchased the local diamond matchstick factory in Cloquet, MN. The 270,000 sq. ft building sits on over 20 acres and can meet the needs of any business.


1800 Cloquet Ave
Cloquet, MN


(218) 269-7003


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Local Business Opportunity

The Former Diamond Matchstick Factory was built in 1905 and was a core business of Cloquet, providing hundreds of jobs to the community. Through the years, as markets changed, the business never faltered from the core business of making matchsticks.

In 2016, things changed, the factory was purchased by an out state entity, and the doors closed, causing many losses to the area community. In 2017, local partners Mike Koski and Len Lund, or LT Diamond, purchased the property. "We wanted to bring new opportunities to the community we live and work in, and thought the best way to do that was to keep this property local," says Koski.

Property Highlights

  • • 270,000+ sq ft

  • • 20 Acre Site

  • • 22 ft Ceilings

  • • 3 Phase Power

  • • High Level Cooling Capacity
  • Space Available

  • • Warehouse

  • • Office

  • • Light & Heavy Manufacturing

  • • Fabrication

  • • Commercial

  • • Logistics

  • • Distribution
  • Area Advantages

  • ■ Leveraging connections and experience to secure new business development opportunities

  • ■ Collaborative leadership and coalition-building with public and private-sector partners

  • ■ Talent recruitment through the recently launched

  • ■ Local ownership, partnering with local government to provide speedy, accurate and low cost services
  • Nearby autos & automotive services