Business Development

November 2023 Development Newsletter

Located along I-94, in the fast-growing corridor between Chicago and Milwaukee, Racine County is the ideal place to live, work and do business. Check out the latest development insights, news, and resources in this edition of the RCEDC Development Newsletter.

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Businesses Investing in Racine County

Racine County serves as a central hub for a diverse range of enterprises, including global corporations, family-owned businesses, forward-thinking industry pioneers, and burgeoning startups. With a thriving business community, Racine County provides a conducive environment for manufacturers, logistics companies, and various other ventures.

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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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Village of Sturtevant and RCEDC Support Grand Appliance Expansion Project

The Village of Sturtevant (The Village), in collaboration with Racine County Economic Development Corporation (RCEDC) is pleased to announce support for Grand Appliance’s upcoming facility expansion in Sturtevant. Since relocating to Sturtevant in 2017, Grand Appliance has invested in approximately 11.23 acres, generating an assessed value of $8,040,400. The company’s new expansion project includes a 48,000-square-foot addition to its current facility, part of a larger 137,000-square-foot building. With a total investment of $4.5 million, the expansion is projected to create 15 new jobs over the next three years, offering an average salary of $55,000.

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Woodman’s Food Market Planning New Location in the City of Racine

Racine County stand out as highly attractive locations for businesses seeking to expand operations in advanced manufacturing, technology, and logistics. The region’s combination of robust infrastructure, exceptional transportation capabilities, readily available development sites, and a business-friendly environment creates a unique opportunity for growth and success.

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Tivoli Green Development Phase II

Wangard Partners, a leader in multifamily and industrial property development will break ground on its second phase of Tivoli Green Apartment Homes on Wednesday September 27th at 9am (9110 Megan’s Way in Mount Pleasant, Wis.), marking another significant milestone for the highly successful apartment community in Mount Pleasant, WI.

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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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CCB Technology chooses to remain, grow in Racine County

In the heart of Racine County, Wisconsin, a remarkable success story has unfolded as CCB Technology, a thriving IT solutions provider, acquired and established its new headquarters in Mount Pleasant. This monumental step not only showcases the company’s growth but also underscores the value of doing business within Racine County, and the deep-rooted connections that make this region exceptional.

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