UPDATE: The Common Council voted to refer this item to the Finance and Personnel Committee. ORIGINAL: The Common Council will consider giving the green light Wednesday night to create a river walk area along the Root River. Board members will consider a resolution authorizing the Racine County Economic Development Corporation to negotiate a contract with […]
Tag: Racine County Economic Development Corporation
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 inBusiness, Government, Wisconsin Jobs
City Beefs Up Resources, Funding For Small Businesses And Start-ups
When Calvin Simmons returned home to start his business four years ago, he started working out of his home garage and then was able to open his own shop Picasso Automotive about a year ago at 1800 Clark St. But his passion isn’t just about wrenching on cars. He wants to help fix his community by […]
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 inBusiness, Government
Apak Inc. To Expand Racine Operation, Hire 22 More Employees
Apak Inc., a contract packaging company, is expanding its operations at an existing facility at 3801 S. Memorial Drive in Racine, according to a press release by the Racine County Economic Development Corporation. Mundelein IL-based Apak has leased the space for a year, but it plans to buy the building. The company now has 12 […]
Posted inBusiness, Government
Caledonia Creates 764-acre TIF District For Development
The Village of Caledonia passed the creation of a 764-acre tax incremental financing district and authorized the implementation of the projects on Monday, said Mark Janiuk, the village administrator. The projects call for the extension of sewer and water out to Interstate 94. Caledonia and Mount Pleasant are in discussions over how much Caledonia owes […]
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 […]
Posted inBusiness
Kacala Announces He’s Leaving RCEDC
By Denise Lockwood Racinecountyeye@gmail.com Racine County Economic Development Corporation (RCEDC) director Gordy Kacala will retire from his position after being on the job for 24 years. “It has been a tremendous honor to serve this organization and work with all the extremely talented and dedicated public and private sector people at RCEDC, and throughout Racine […]