Discover the latest economic development news happening in Racine County! In this edition, we identify multiple development projects commercially and residentially, as well as identify the finance solution for purchasing fixed assets.
Racine County
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Business Lending PartnersCommunity Loans ProjectsEventsFeaturedNewsRacine CountyRCEDCSuccess Stories
Racine County MGP helps H.E.R. Valley grow, leading to grand opening of new location
Trene McCaskill, owner of H.E.R. Valley – a self-care and revitalization service in Racine – will celebrate the grand opening of her new location at 904 State St. on July 9th at 11:45 a.m.
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Business Recruitment & ExpansionEventsFeaturedNewsRacine CountyRCEDCSuccess Stories
CSL USA Inc. opens new fermentation facility in Caledonia
Centro Sperimentale del Latte USA Inc. (Cultures Supporting Life), a probiotic company, recently established its first operations in the U.S. with a manufacturing facility in Caledonia, Wisconsin. The investment is part of a multimillion-dollar project expected to create up to 31 jobs over the next four years.
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Business Lending PartnersBusiness Recruitment & ExpansionCommunity Loans ProjectsFeaturedNewsRacine CountyRCEDC
New, favorable finance options now available for Sturtevant businesses in TID #4
To help encourage business improvement, retention and attraction, the Village of Sturtevant created a new program with favorable loan terms – little to no equity requirement, low-interest, and principal deferrals.
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Business Recruitment & ExpansionFeaturedNewsRacine CountyRCEDCSuccess StoriesTalent Resources
Waterford awarded $250k to construct new multi-use downtown buildings
The Wisconsin Economic Development Corporation (WEDC) recently awarded the Village of Waterford $250,000 as part of the Community Development Investment (CDI) Grant program. The grant will go towards construction of what will become the Waterford Lofts, located at 506 E Main Street.
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EventsFeaturedNewsRacine CountyRCEDC EventTalent Resources
2022 Greater Racine County Familiarization Tour
Professionals from throughout southeast Wisconsin explored Racine County as part of the Inaugural Greater Racine County Familiarization Tour.
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Business Lending PartnersCommunity Loans ProjectsCOVID-19 Financial ResourcesCOVID-19 Financial ResourcesFeaturedNewsRacine CountyRCEDCSuccess Stories
RCEDC approves $72k in grants for Racine County businesses, $330k still available
The newest Racine County grant, the Community Development Block Grant Program (CDBG) was launched in late 2021. Nearly $72,000 has been approved for businesses throughout Racine County that were negatively affected by the pandemic. Fortunately, there is still $330,000 available.
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The Greater Racine County initiative was developed by the Racine County Economic Development Corporation (RCEDC) to showcase the abundance of opportunities available to those who decide to take root here. The GRC Newsletter highlights talent recruitment and retention resources as well as community promotion and examples of those who chose Racine County.
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The City of Racine is electrifying its transit system by rolling out 9 all-electric buses to serve the public. 25% of Racine’s transit fleet will be electrified, making it the largest electric fleet in the State of Wisconsin.
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Business Recruitment & ExpansionFeaturedNewsRacine County
MobCraft Beer Announces Construction of Waterford Taproom
MobCraft Beer of Milwaukee and the Village of Waterford have come to an agreement for MobCraft to purchase and develop the old Waterford fire station located at 122 N 2nd Street off on Main Street along the Fox River.