Posted inBusiness, Government, Real Estate

Regency Mall Area Eye’d For TIF District Improvements

After Sears, Kmart and JC Penney left Racine, a 134-acre parcel that includes Regency Mall, surrounding out lots and High Ridge Center has become the target of a potential tax incremental finance district in Racine. The city plans to propose forming a tax incremental finance (TIF) district to help spur development by offering incentives and […]

Posted inBusiness

Grand Appliance and TV Announces Relocation To Sturtevant

Grand Appliance and TV will move its headquarters from Zion, Illinois and operations in New Berlin to Sturtevant. The company, which employees 300 people, operates 20 retail locations in Illinois, Iowa and Wisconsin. It plans to build an $8 million, 137,000 square-foot facility, which will serve as its corporate headquarters and distribution facility. The facility will […]

Posted inBusiness, Government

InSinkErator Financial Assistance For Headquarters Approved

A hefty public financial assistance package for development of the new InSinkerator world headquarters in Mount Pleasant was approved Tuesday, as company executives made the rounds at two local government boards. In Mount Pleasant, the village board and Community Development Authority approved $600,000 dollars in “upfront assistance” for the garbage disposal manufacturer to “assist with […]

Posted inBreaking, Business, Government

BREAKING: InSinkErator Submits Plans For New Headquarters

InSinkErator plans to construct a $24 million 85,000 square-foot building for its headquarters and lab in Mount Pleasant. A division of Emerson Electric, InSinkErator makes food waste disposers for home and commercial use. The company employs 1,000 people in southeast Wisconsin and plans to move 170 people from its existing headquarters in Racine to the new […]

Posted inBreaking

City And WEDC Fund High-Tech Start-Up Grants, Loans

The City of Racine and the Wisconsin Economic Development Corporation are making cash available in grants and loans to high-tech start-up businesses. Each entity is putting in $200,000 towards a fund to help those businesses develop new technologies. WEDC also gave the Racine County Economic Development Corporation — through its Capital Catalyst Program — $100,000 […]

Posted inBusiness, Government

CDA Eyes Business Association, Looks To Improve Caledonia’s Image

Caledonia may be looking to form its own business association to improve various areas within the Village, including improving the highway 31 and 32 entrance into the Village. The Community Development Authority, which is charged with carrying out redevelopment projects and development programs within the village, will meet at 6 p.m. Monday, July 27. Here’s […]

Posted inBusiness

German Tool Maker Moving to Racine County

German hand tool manufacturer Stahlwille is expected in September to open a sales and service center in the Grandview Business Park. The company manufactures hand tools for a number of industries, including aerospace, energy, transportation and more. A press release Sunday evening from the Racine County Economic Development Corporation detailed how a trip with Gov. […]

Posted inGovernment

UPDATE: Green Space Requirement For Industrial Properties Closer To Being Eliminated

UPDATE: The Caledonia plan commission voted on Wednesday to recommend passing the ordinance, despite having 30 people attend the meeting that voiced opposition to the proposal. The matter will now come before the village board again for a second reading on April 7. While the plan commission approved the recommendation, the village board still would […]