Starting From Scratch- Flitz International
Flitz International contacted RCEDC to secure a low-interest, low-downpayment equipment loan. In addition to the $200,000 loan, the company also applied and received a Racine County matching grant.
Flitz International contacted RCEDC to secure a low-interest, low-downpayment equipment loan. In addition to the $200,000 loan, the company also applied and received a Racine County matching grant.
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.
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.
Construction is underway on the mixed-use Waterford Lofts, a 28,200 sq. ft. project at 506 E Main Street. The project is a partnership between the Village of Waterford, Wisconsin Redevelopment Group, and Milwaukee-based Selzer-Ornst Construction Company.
Companies of all sizes, from all across the world are choosing to invest in Racine County. Since establishing their presence here in the 90’s, Ashley Capital’s Gary Rosecrans and Lee & Associates’ John Sharpe quickly realized the value of doing business in Racine County.
Dan Gallagher started Mybread Bakery with a mission to provide gluten-free breads that are safe for those with food allergies, but not compromise taste or quality. Three years later, Gallagher relocated from Chicago to Racine – with help from the Racine County Economic Development Corporation – and expanded operations by renting a larger space, purchasing better machinery, and hiring additional employees.
Linda and Eli Bracha, owners of Wis-Tek, CPT and Green Tek, saw the U.S. Small Business Administration’s 504 program as an opportunity to purchase equipment, renovate their current Janesville facility and expand to an additional location, near Clinton.
During the next several years, nearly 1 million square feet of industrial development is planned for the DeBack Farms Business Park in the Village of Caledonia. Scannell Properties, headquartered in Indianapolis, plans to develop a 65-acre site in the park over three phases. A General Mills warehouse and distribution center is planned to occupy the first building.
Darius Szczekocki, president of Hestia Heat Treat in Racine, will use a $100,000 pandemic recovery loan to purchase new equipment to seek more work with automotive industry clients.
Case High School graduate and Milwaukee Brewers former draft pick, Lee Jaramillo now owns Northterra Real Estate Group. Jaramillo recently used RCEDC’s High Impact Revolving Loan Fund for interim financing to construct the new O&H Danish Bakery on the corner of Douglas Avenue and 4 Mile Rd.