Announcement

Community Loan Funded for Anchor & Ale

CSAL Developers, LLC has acquired the Tichigan Lakes Hilltop Pub and Eatery in the Town of Waterford and will reestablish the longtime restaurant as Anchor & Ale. Led by Chad Schmidt and Andrew Luebke, the project introduces a new operating entity that will lease the property and restore the nearly 70-year-old establishment to its roots as a family-friendly, supper club-style destination. The revitalized restaurant will feature a full dinner menu, cocktails, and a welcoming atmosphere designed to reconnect with the community and rebuild its customer base. The project was supported through a partnership between RCEDC and Community State Bank, utilizing a Community Loan to advance the turnaround and long-term success of the property.

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Community Loan Funded for Distinctive Woodwork Racine

Distinctive Woodwork, a custom woodworking and restoration company that has served Racine for more than 30 years, is entering a new chapter under the ownership of Marine Corps veteran Joshua Ziev. Known for its custom cabinetry, architectural millwork, display cases, and restoration projects, the business will continue its legacy while transitioning to Distinctive Woodwork Racine, LLC. This project was made possible through a partnership between RCEDC and Town Bank, working with Josh Sopczak, Senior VP of Business Banking, to secure a Community Loan that supported the acquisition and future growth of the company.

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EVENT: 2026 Racine and Kenosha County Summer Intern Mixer

A summer internship is more than just work — it’s about building connections and enjoying the community!

Help your interns make the most of their time in the Racine-Kenosha area by encouraging them to attend this year’s Intern Mixer.

This fun event will connect local interns and new hires while showcasing the amenities and experiences that make our region a great place to live and work.

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Community Loan Funded for Hyperion Holdings

Hyperion Holdings Inc. has purchased an industrial building at 1800 Clark St. and 1825 Holborn St. in Racine to establish its first brick-and-mortar headquarters. Founded in 2022 by Sam Wahlen and Garrin Horwitz, the Sturtevant-based firm provides full-service residential property management, brokerage, and construction support for single-family and small multifamily investors across southeastern Wisconsin, using a technology-driven platform to streamline operations and reduce costs. The project was supported through a partnership between RCEDC and Advia Credit Union, which helped secure a Community Loan for the expansion.

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January 2026 RCEDC Newsletter

Discover the latest economic development news happening in Racine County! Some features from this edition include a message from RCEDC’s Executive Director, Jenny Trick, a Racine County Economic Snapshot, Microsoft’s continued expansion of the data center campus in Mount Pleasant, and more.

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EVENT: Racine County Continuous Improvement Roundtable – Session 2

The Continuous Improvement Roundtable (CIRT), a partnership between RAMAC and RCEDC, is designed for manufacturing managers and team leads who drive quality and continuous improvement. Facilitated by WMEP, this 6-month series meets on the 3rd Thursday every other month beginning in January, offering a space for Racine County manufacturers to exchange best practices, discuss challenges, and explore new strategies. Each session features peer-to-peer learning through guided discussions and facility tours that provide practical, hands-on insights.

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Navigating Change: Strategies for Modern Leaders

Change is happening faster than ever due to economic shifts, workforce expectations, technology, budget pressures, and community needs. In this Living As A Leader session, hosted by RCEDC and RAMAC, participants will gain practical tools for navigating change while supporting those impacted by it.

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EVENT: QuickBooks Training Series, Session 3: Balance It Out

Join CLA for the third session of the QuickBooks Training Series, presented by RCEDC and RAMAC, and keep your books accurate while making your financial reports meaningful. This hands-on workshop for business owners, bookkeepers, and finance professionals will cover reconciling accounts, fixing discrepancies, and understanding key reports like the Profit & Loss, Balance Sheet, and Cash Flow Statement. You’ll also practice customizing, exporting, and using reports to make smarter business decisions with interactive exercises such as reconciling a sample bank statement and generating key reports.

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