RCEDC

Growth Summit Spotlights Rising Housing Demand in Southeast Wisconsin

Major employers such as Amazon, Uline, Haribo, Microsoft, and Eli Lilly are expanding across Racine County and Southeast Wisconsin, creating thousands of new jobs. This rapid growth has put pressure on the housing market, prompting economic development leaders to focus on residential needs alongside traditional commercial development. At the Milwaukee Business Journal’s Racine/Kenosha Growth Summit on Oct. 22, RCEDC’s Executive Director, Jenny Trick, noted that Racine County has added roughly 5,000 multifamily units since 2018.

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Racine County Tops Wisconsin in New Construction Growth

According to a recent analysis by the Badger Institute, Racine County experienced the highest rate of new construction in Wisconsin for 2024—posting a 4.83% increase in property value from net new construction (after accounting for demolitions). This growth rate is nearly three times the statewide average of 1.65% and almost double that of the next-highest county, Adams, which came in at 2.94%.

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Southeast Wisconsin Rises as a Hub for Skilled Talent and Growing Industries

Southeast Wisconsin is gaining national recognition for its strong economy and skilled workforce as traditional industries like manufacturing join emerging sectors such as AI, clean energy, and biohealth. Reports like “Wisconsin: Capturing More Than a Moment” highlight the region’s appeal to global corporations and startups due to its business climate, tax incentives, and access to talent. Major investments, such as Microsoft’s $3.3 billion data center in Mount Pleasant, will create hundreds of jobs and boost demand for technical talent.

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Partnership Drives New Saputo Facility in Caledonia

Saputo Cheese USA Inc., one of the largest dairy processors in the world, has expanded its footprint in Wisconsin with the opening of a new 311,000-square-foot cold storage and distribution facility in Caledonia Corporate Park. The $59 million investment will create 160 new jobs over the next three years, strengthening Saputo’s operations in the Midwest. Earlier this summer, RCEDC joined Saputo leadership, project partners, and community leaders for a grand opening and ribbon-cutting ceremony.

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Community Loan Funded for DW Coffee

DW Coffee LLC is expanding from its Rochester location into Wind Lake with the purchase of real estate and equipment at 7910 S Loomis Rd. Owner Leslie Kinsey, who launched the business in 2021, will continue overseeing operations with support from her husband, Shawn. With help from lender Jay Cashmore at Community State Bank and RCEDC, funding was secured through the Revolving Loan Fund (RLF), making the new location—with drive-thru service—possible.

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Community Loan Funded for Sound Decisions

Sound Decisions, a longtime automotive and electronics business in Racine County, is expanding its operations with the purchase of four adjacent commercial condominiums in Yorkville. Owner Chris Hilbert—who took over the business from his parents in 2013—will consolidate two companies, Sound Decisions and Echo Sales/MED, under one roof. With financing support from RCEDC and Josh Sopczak at Town Bank, Chris secured a Revolving Loan Fund (RLF) with just 10% down, helping move this expansion forward. Today, the business operates as both a retailer and a regional distributor for top brands like Alpine, Viper, and Metra.

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Community Loan Funded for Oak Wine and Spirits

Oak Wine & Spirits is bringing a new tasting experience to downtown Waterford—offering self-serve wine and beer stations, premium spirits, and curated small bites in a relaxed, upscale setting. Owners John Palmer and Rebecca Vanwormer, both experienced local business owners, are combining their strengths to create a welcoming destination for both casual visitors and enthusiasts. With support from RCEDC and lender Jay Cashmore at Community State Bank, the pair secured Revolving Loan Fund financing with just 15% down, helping turn their vision into a reality.

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