Racine invest COUNTY ECONOMIC DEVELOPMENT CORPORATIONGROWING BUSINESS | CONNEC TING COMMUNITIES | JOB CREATION ppAssistance IncentivesResources for your State and localbusiness location, financial assistanceexpansion or for your project.startup project.Workforce LocationsTraining and Available sites -resources for Land and buildingsyour workforce. for your project.
WHAT WE DO IT’S ABOUT RESULTS The Racine County Economic Development Corporation Private sector investments in the RCEDC contribute to (RCEDC) and our partners provide businesses with almost the success of our business development (recruitment every service needed to complete an expansion, relocation, and working with existing companies), business finance, financing, or workforce development project. Our dedicated community development and workforce development staff is committed to meeting the needs of Racine County programs. See below for detailed project results: businesses and companies interested in expanding or locating in the Chicago-Milwaukee Corridor. THREE-YEAR BUSINESS D E V E LO PM E N T R E S U LTS WE NEED YOUR SUPPORT RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION The RCEDC is a private non-profit corporation that depends, in part, on annual financial contributions from private 241 MILLION companies and individuals interested in promoting a strong community. Your tax-deductible investment helps to support IN NEW CAPITAL INVESTMENT our economic development programs. 102 1,304 JOBS RETAINED TODAY’S ECONOMIC DEVELOPMENT ENVIRONMENT PROJECTS THROUGH COUNTY INITIATIVES AVERAGE WAGE The economic development competition among communities ECONOMIC is intense. The RCEDC is responsible for all countywide $18.70 GROWTH and community economic development initiatives. We are PER HOUR committed to working with our partners in government, 1,373 NEW JOBS education and the private sector to provide the infrastructure $93.1 CREATED and workforce necessary for business development. CONSTRUCTION 580,000SQ FT COSTS OF NEW AND EXISTING COMMERCIAL SPACE RACINE COUNTY THREE-YEAR BUSINESS DEVELOPMENT RESULTS2
YOU CAN HELP WITH YOUR INVESTMENT FOR THE COMMUNITYWe are confident that you will see value — both for your Let’s be honest — as an investor in our economiccompany and our community by investing in the RCEDC. development programs, you expect results. Our 2015 goals include:FOR YOUR COMPANY • Recruit 4 companies and assist 12 existing companiesOur investors appreciate the following benefits in with expansion planspartnering with RCEDC: • Provide low-interest loans to 23 companies and recapitalize• Company listing in the RCEDC Annual Report and the existing loan funds dynamic online investor directory at www.RacineCountyEDC.org • Meet one-on-one and interview 60 Racine County companies to determine development opportunities• Investor communications to keep you up-to-date on project results • Assist small and medium-sized companies with growth opportunities through the maintenance of our CEO• Events throughout the year for networking opportunities Roundtable sessions and connection to subject matter experts • Provide community development and brownfield• As a not-for-profit organization, your investment in redevelopment support to local units of government RCEDC is tax deductible • Address workforce issues by expanding employment• Bank investors may be eligible for Community training programs to employers and job seekers Reinvestment Act benefits when contributing to RCEDC HOW TO INVESTEcono COUNTY Corp. WE NEED mic Development YOUR Contact Jenny Trick at 262-898-7424 or complete the investor form on our website at SUPPORT www.RacineCountyEDC.org under “Become an Investor” and we will issue you an invoice. Our corporate level investors fall into three categories: Gold, Silver and Bronze. We can suggest an investment level based on your company size and industry. 3
investorsGROWING BUSINESS | CONNEC TING COMMUNITIES | JOB CREATION COUNTY GOLD LEVEL ($2,000+) SILVER LEVEL ($750+)mic Development Associated Bank Ashley Capital, LLC AT&T Badger Meter/Racine Federated, Inc. BMO Harris Bank Berghammer Corporation Bombardier Recreational Products (BRP) Bukacek Construction, Inc. CNH Industrial America LLC Butter Buds Food Ingredients Educators Credit Union Cannella Response Television, LLC InSinkErator/Emerson Electric Co. CenterPoint Properties Johnson Bank CliftonLarsonAllen LLP Jones Lang LaSalle Community State Bank Journal Times/Lee Enterprises, DeMark, Kolbe & Brodek, S.C. Incorporated Dental Associates (Dr. Todd Pienkos) Keller, Inc. EC Styberg Engineering Company, Inc. Land and Lakes Company Horizon Retail Construction, Inc. Modine Manufacturing Company HSA Commercial Real Estate Poclain Hydraulics, Inc. Jon Hendersen Real Estate SC Johnson Knapp Mfg., Inc. Tri City National Bank Lynch Family of Dealerships Twin Disc, Inc. Merchants Delivery Moving and Unico, Inc. Storage Company US Bank Norco Manufacturing Corporation We Energies O&H Danish Bakery, Inc. Wheaton Franciscan Healthcare Racine Metal-Fab, Ltd. WISPARK LLC Racine Railroad Products, Inc. Riley Construction Company, Inc.o Corp. Seda North America, Inc. Shurpac Metal Finishings, Inc. Town of Raymond ZMac Transportation Solutions, LLC4 RCEDC INVESTORS
investors GROWING BUSINESS | CONNEC TING COMMUNITIES | JOB CREATIONBRONZE ($200+) First Business Bank – Milwaukee/Kenosha North Shore Animal Hospital of Racine, Region Inc.6100 West, Inc. dba The Ivanhoe Pub & First Weber Group Realtors O’Neil, Cannon, Hollman, DeJong &Eatery/Envy Ultra Lounge/ATM Financial Fischer USA, Inc. Laing, SCServices Foth Infrastructure & Environment, LLC Pearle VisionA&E Incorporated/A&E Tools Jerold P. Franke Peoples BankAccounting & Business Services, Inc. Gateway Technical College Pitts Brothers & Associates, LLCAlloy Welding, Inc. Gordon J. Maier & Company, LLP Premier Aluminum, LLCAndis Company Gorman & Company, Inc. Putzmeister America, Inc.Aurora Health Care Great Northern Corporation Racine Marriott/Racine HotelBank of America Merrill Lynch Hinsman Realty, Inc. PartnershipBonetti Co., Inc./Bonetti US HyPro, Inc. Reesman’s Excavating & Grinding, Inc.BOOST Associates Image Management LLC RE/MAX Newport Realty Corp.Briohn Building Corporation Jasperson Realty Robert W. Baird & Co. IncorporatedCalStar Products, Inc. Jensen Metal Products, Inc. Smiling Georgie Porgie’s, Inc.Carthage College/Dr. Arthur Cyr Imogene Powers Johnson Southport Heating, Plumbing &CBL & Associates Management, Inc. / K. Singh & Associates, Inc. GeothermalRegency Mall Knight-Barry Title, Inc. Spectrum Capital SolutionsConsolidated Construction Company, Inc. Kranz, Inc. Spee-Dee Packaging Machinery, Inc.Cordstrap USA, Inc. Lakeview Pharmacy Stafford Rosenbaum, LLPCorporate Images, Inc. Lee & Associates of Illinois, LLC State Bank of the LakesCRB Insurance Agency Lehmann’s Bakery Town of NorwayDanSign, Inc. LEMAN USA, Inc. UAW Local 180David Insurance Agency, Inc. Living As A Leader Ultra Industries, Inc.Delta Flexible Products, Inc. MB Financial Bank United Way of Racine CountyDiamond Transportation System, Inc. McDonalds/2100 Lathrop, Inc. UW-ParksideDover Consulting/Tom Magulski McLane Foodservice, Inc. Jeff & Linda WallerDrewco Corporation Robert N. Miller Wanasek CorporationDuraColor, LLC MRA – The Management Association Wiscon Products, Inc.Elwood Corporation Newmark Grubb Knight Frank Wisconsin Housing and EconomicExpert Tax Solutions, Inc. Development Authority, Inc. (WHEDA)Express Employment Professionals RCEDC INVESTORS Wisconsin Plating Works of Racine, Inc.Financial Service Group, Inc. 5
123 Lavelle Industries Rojo’s Popcorn Veterans Truck Line City of Burlington City of Burlington City of Burlington7 8 completed 2 0 Miller-Reesman Funeral Home Southport Heating, Plumbing & Geothermal 4 5 Village of Union Grove Town of Raymond 67 1211 12 3 Priority Sign O&H Danish Bakery Village of Caledonia Village of Mount Pleasant15 16 Marlo Wiscon Products 22 City of Racine Village of Caledonia20 21Cookinpellets.com DaVita Dialysis Former Nelson Electric SupplyCity of Racine City of Racine City of Racine6 2014 BUSINESS DEVELOPMENT AND BUSINESS FINANCE PROJECTS
456 Geneva Healthcare Coleman Tool & Manufacturing Corp. American Roller Company Village of Waterford Village of Union Grove Village of Union Grove1 4 projects 9 108 Land & Lakes Spec Building Village of Sturtevant Village of Mount Pleasant Border Agreement 16 13 14 11 15 Pearle Vision InSinkErator 19 City of Racine City of Racine 17 23 25 18 19 20 21 24 12 22 18 14 9 10 1317 Altus Vinyl Kranz C-Squared Rodent Supply City of Racine City of Racine City of Racine23 24 25Racine Riverside Marine SIP Drink and Eatery Razor Sharp FitnessCity of Racine City of Racine City of Racine 2014 BUSINESS DEVELOPMENT AND BUSINESS FINANCE PROJECTS 7
community developmentGROWING BUSINESS | CONNEC TING COMMUNITIES | JOB CREATIONThe Community Development division provides assistance Racine County continued its support for local manufacturersto the Racine County communities of Burlington, Racine, and minority entrepreneurs by allocating $50, 000 to twoUnion Grove and Waterford with downtown development, grant programs. During 2014, the Manufacturing Renewalbrownfield redevelopment and public infrastructure and Minority Matching grant programs provided 34 smallprojects. and mid-sized businesses with grants of up to $2, 500.During 2014 the division facilitated 11 facade and curb Longer term projects with the goals to attract tourism,appeal grants and three rent assistance grants, resulting in improve transportation processes and enhance waterfront$150,000 in new development. Communities with former communites were the focus of several communities inindustrial sites have engaged this division to seek brownfield 2014. These efforts included wayfinding signage, enhancedgrants, with results indicated in the chart below: parking in downtowns, access to waterfronts, multi-family housing developments, and more.COMMUNITY DEVELOPMENT BROWNFIELD GRANTS APPLIED FOR APPLIED FOR5 GRANTS TOTALING 1 GRANT TOTALING$1.5 $400,000 MILLION RACINE COUNTY CITY OF RACINE MANAGED 18 BROWNFIELD GRANTSENVIRONMENTAL ASSESSMENT $2.4 MILLION21 PROPERTIES CITY OF RACINE CITY OF RACINE8 2014 COMMUNITY DEVELOPMENT PROJECTS
business development call program GROWING BUSINESS | CONNEC TING COMMUNITIES | JOB CREATIONIn 2011, the Business Development division launched a CEO Racine County employers project an increased need forCall Program to stay informed about the business landscape employees in the future.in Racine County. Employment Needs 2011-2014With Wisconsin’s high employment concentration inmanufacturing and Racine County employing nearly 27% of 100% Decreasingits workforce in manufacturing, the initial targets for the CEO 90% StableCall Program were manufacturers. Other prominent 80% Increasingindustries in Racine County, such as logistics, health care and 70%financial industries that contribute significantly to the 60%economy, were added to program in 2012. After four years of 50%interviews and plant tours, RCEDC has completed nearly 400 40%interviews. 30% 20% Business Visits 2011-2014 10% by Industry 0% Manufacturing 69% 2011 2012 2013 2014 Building & Construction 2% Business Services 12% More than 40% of Racine County companies plan physical Consumer Services & Retail Operations 10% expansions that include equipment and investments in the Transportation, Warehouse/Dist. 3% next three years and more than 50% expect to introduce Finance, Insurance & Real Estate 4% new products in the next two years.27% of the companies surveyed were family owned, Expansion Plans, 2011-2014multi-generational companies. 50% 27% 40% FAMILY OWNED 30% 20% 42% 10% 54% 0% Plans to Expand in next 3 years New Products expected in next 2 years2014 BUSINESS DEVELOPMENT CALL PROGRAM 9
testimonialsGROWING BUSINESS | CONNEC TING COMMUNITIES | JOB CREATION“LEMAN USA and RCEDC have shared a strong partnership for many years. As When RCEDC asked Frank Hansen,LEMAN has served as a small foreign business incubator, RCEDC has worked Managing Director of Stahlwille Tools,to help identify new companies and assist our existing clients develop into why Racine County made sense forindependent, successful businesses. Together, we have brought a number of jobs the company’s US location, he citedand foreign companies into Racine County. When LEMAN looked to expand its that “the decision to locate in Racinewarehouse operation, it turned to RCEDC to assist us in accessing State tax credits County was made based on a numberand development funding from the Village of Sturtevant. I couldn’t be more of key factors, including proximitypleased with the effort and professionalism of RCEDC and their dedicated staff.” to the greater Chicago area and a large pool of potential customersRandy Fortel, Chief Financial Officer, LEMAN USA in the market. After researching the differences in taxes, labor laws, “Racine County offered a prime financial outlooks and more, we development opportunity for Land determined that a Wisconsin location and Lakes’ newest warehouse and was ideal.” distribution center. The community’s pro-business attitude and willingness Frank Hansen, Managing Director, to provide assistance to promote Stahlwille Tools development ensured our investment.” Marty Hanley, President, Land and Lakes Company10 T E S T I M O N I A L S
resource experts GROWING BUSINESS | CONNEC TING COMMUNITIES | JOB CREATIONBUSINESS EXPANSION COMMUNITY DEVELOPMENTLaura Million Tina Chitwood262-898-7530 [email protected] [email protected] helps access business development Tina provides technical assistance and accessresources to grow your business. She brings to programs and grants to bolster downtownher expertise in navigating all aspects of your development and remediation of brownfieldexpansion project including: properties in the communities of Racine, Burlington, Union Grove, Waterford and Racine County.• Site and Location Options• State and Municipal Incentives • New Company Recruitment Assistance• Financing Options • Site and Location Options• Strategic Resources • Municipal Incentives • Grant Preparation and ManagementBUSINESS RECRUITMENT • Redevelopment Project ManagmentLogan Dawson262-898-7440 EMPLOYER AND WORKFORCE [email protected] Valerie HansonLogan provides assistance to companies seeking 262-638-6603a location in Racine County. [email protected]• New Company Recruitment Assistance Valerie’s team at the Racine County Workforce• Market and Workforce Data Development Center assists local companies with• Site and Location Options workforce development issues and recruitment needs.• State and Municipal Incentives • Employer Recruitment EventsBUSINESS FINANCING dba • Job FairsBUSINESS LENDING PARTNERS • On-the-Job Training GrantsCarolyn [email protected] and her team assist companies in achievingtheir expansion goals by offering low-interest,attractive term financing options.• Low Interest, Long Term Financing Options• SBA 504 Loans• Local Revolving Loan Funds RESOURCE EXPERTS 11
ADMINISTRATION COMMUNITY DEVELOPMENT BUSINESS FINANCE dba BUSINESS LENDING PARTNERSJenny Trick Tina Chitwood(262) 898-7424 (262) 898-7422 Carolyn EngelExecutive Director Community Development Manager (262) [email protected] [email protected] Business Finance Manager [email protected] Johnson Jordan Brown(262) 898-7428 (262) 898-7444 Janell TopczewskiAccounting Manager Brownfield Redevelopment Specialist (262) [email protected] [email protected] Compliance/Closing Specialist [email protected] Beauchesne WORKFORCE DEVELOPMENT(262) 898-7432 Nhi MalinowskiAdministrative Assistant Valerie Hanson (262) [email protected] (262) 638-6603 Credit Analyst Business Services Team Leader [email protected] DEVELOPMENT [email protected] Igor LukicLaura Million Christine Henning (262) 898-7434(262) 898-7530 (262) 638-6683 Loan Servicing Specialist/AnalystBusiness Development Manager Business Consultant [email protected]@RacineCountyEDC.org [email protected] Dawson(262) 898-7440Business Recruitment [email protected] Kothari(262) 898-7438Economic Development ResearchSpecialistRKothari@RacineCountyEDC.orgwww.RacineCountyEDC.orgRacine County EconomicDevelopment Corporation2320 Renaissance BoulevardSturtevant, WI 53177phone: 262-898-7400 fax: 262-898-7401int’l code: 001email: [email protected] Linked
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