As I write this editorial, my mentor and friend, Mark Maley, is fighting for his life. If he were still my editor, he would likely call me on the phone and tell me to go focus on the election stories and not write a silly editorial about him. But I can’t focus on anything else […]
Tag: Wisconsin Economic Development Corporation
Posted inCommunity, Letter to the Editor
LTE: The Latest from the Wisconsin State Capitol
Even though the Wisconsin State Legislature has completed its work for the 2017-18 legislative session, there continues to be a lot of activity at the Capitol. All of the bills that were approved in the legislature are now being considered by Governor Scott Walker. I wanted to take this opportunity to let you know about […]
Posted inGovernment
Contractors in Place for Potential Eminent Domain Ahead of FoxConn
The Village of Mount Pleasant is moving forward with preparations and preliminary work for the coming Foxconn development. The Wisconsin Economic Development Corporation (WEDC) is still negotiating the final contract between the state and the Taiwan-based technology manufacturer for the record-breaking manufacturing facility slated for Mount Pleasant. In the meantime, the village board has approved […]
Posted inGovernment
Foxconn, WEDC deal stalls
The Wisconsin Economic Development Corp. took no action on a $3 billion tax incentive package to lure Foxconn Technology Group to Mount Pleasant. The official location for the proposed $10 billion LCD display panel factory was announced Oct. 4. But the WEDC took no action on the $3 billion agreement with Foxconn. Here are media reports on […]
Posted inBreaking, Business, Employment
Foxconn To Announce Location Wednesday
Foxconn Technology Group is expected to announce the site of its $10 billion, 20-million-square-foot advanced display manufacturing campus at 11 a.m. Wednesday at the SC Johnson iMet Center, 2320 Renaissance Boulevard. The general footprint is expected to be in Mount Pleasant and Sturtevant. Governor Scott Walker signed a $3 billion 15-year tax incentive package in September to […]
Posted inBreaking
Democrats Blast Administration On Foxconn Project
Foxconn Technology Group has already formed an LLC, has some of its employees working on the project, and will begin hiring more people once its contract with the state Department of Administration is signed. But the final terms of that contract haven’t been finalized and the State Senate has yet to approve the $3 billion […]
Posted inBusiness, Schools
9 Businesses Compete For Seed Grant Money
Nine entrepreneurs from Racine and Kenosha counties will compete for seed grant money after they took a 12-week business mentoring program from the Launch Box Accelerator through Gateway Technical College. The goal: Help the entrepreneurs start or grow their business. The men and women developed their four-minute pitches as part of the program. Now they […]
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
Beck Aluminum Moving, Adding Jobs
Beck Aluminum is moving from one of Mount Pleasant to the other and adding jobs in the process. In return for growing its workforce by 25 over the next couple of years, Beck will receive incentives from the Wisconsin Economic Development Corporation and the Racine County Economic Development Corporation, a story at jsonline.com reads. The company is […]
Posted inBusiness, Government
Racine Receives $1 Million Grant For Machinery Row Project
The Wisconsin Economic Development Corporation, a public-private entity charged with spurring economic development in the state, has given Racine a $1 million grant to help clean-up several industrial properties along the Root River that will become part of the Machinery Row development project. Machinery Row is a multi-phase retail and apartment development project along the Root […]
Posted inBreaking, Community, Government
Machinery Row Project Moves Forward
Despite questions raised about the credibility of the developer, the Racine common council approved  Machinery Row — making the $65 million project the largest in the city’s history. The project is a retail and apartment development along the Root River in the 900 block of Water Street. Financial District Properties, a commercial real estate  development […]