October 2012

City strikes deals for former Castings, CNH Capital sites

Hoping to attract developers to Racine, city officials announced this week that they have struck deals to acquire two more properties:  the former Racine Steel Castings site at 1442 N. Memorial Drive and the recently vacated CNH Capital building at 233 Lake Ave. ... Read More

Economists see less pain, slow gains in 2013

Almost two-thirds of the 48 economists surveyed predict the so-called fiscal cliff issue will be resolved without significant damage to the economy. ... Read More

City on track to acquire two more properties

The Racine Redevelopment Authority on Wednesday recommended that the city acquire two more pieces of land: the former Racine Steel Castings site at 1442 N. Memorial Drive, and the former CNH Capital building at 233 Lake Ave.  The city has been working since 2007 to come up with a deal to acquire the 10-acre Steel Castings site, but efforts to acquire the 67,000 square-foot CNH Captial building — owned by WE Energies — are relatively new. ... Read More

LOT FOR SALE: City-owned land awaits development in Racine

  The property at 1800 South Memorial Drive has a lot of history — more than 100 years.  It was a motor works, a tractor factory, a lawn mower plant.  Today it’s 13 acres of available land. ... Read More

Wisconsin start-ups create their own support networks

  When you're an entrepreneur, you don't wait for someone else to do it. You build it yourself. ... Read More

Employment First Summit aims to raise expectations for people with disabilities

  On Monday Lakeside Curative Services will co-sponsor the Employment First Summit.  Employment First is about raising expectations for people with disabilities to fully engage in the mainstream of the community, including employment. The event will focus on helping Wisconsin become an Employment First state and is open to the community. ... Read More

Ruud Lighting parent, Cree, reports profits up 26 percent

  Ruud Lighting parent company Cree Inc. on Tuesday reported that net income for the quarter ended Sept. 23 increased by 26 percent, year over year.  Durham, N.C.-based Cree reported net income of $16.1 million, or 14 cents per dilute share, compared with $12.8 million, or 11 cents per share one year earlier. ... Read More

Racine Federated parent, Badger Meter, reports increased sales and net earnings

  Badger Meter, parent company of Racine Federated, on Tuesday, reported increased sales and per share for the quarter ended September 30.  Badger Meter said net sales totaled $87.1 million, a 25.0 percent increase from sales of $69.7 million for third quarter 2011. ... Read More

Credit union to assist with small business energy program

  Educators Credit Union will join an effort to spur energy-saving projects by small businesses.  Tuesday at Racine City Hall, 730 Washington Ave., Mayor John Dickert introduced Educators as the City’s lending partner in the Racine Energy Efficiency, or Re2, program. Re2, announced in February, offers competitive loans as well as cash incentives to small businesses for energy-efficiency projects. ... Read More

Waterford to host inaugural River's Edge Art Walk Oct. 19

Shops, restaurants and other businesses in Waterford will become art galleries on Friday, Oct. 19, when the River’s Edge Art Walk takes over the community’s downtown for the evening. ... Read More