December 2012

Manufacturing index turns up for first time since June

Manufacturing in southeastern Wisconsin and northern Illinois improved in December for the first time in six months, according to a monthly survey of manufacturers released Thursday. ... Read More
 

Gateway Technical College proposes $49M in capital projects

Gateway Technical College is planning $49 million in capital projects to help advance its programs, including boosting manufacturing programs at its Elkhorn campus. The projects include $13.59 million to renovate and expand Gateway’s ... Read More
 

State employers added 10,300 jobs in November

Wisconsin employers added 10,300 jobs in November, according to a report issued Thursday by the state Department of Workforce Development. ... Read More
 

Community partnership worked to recruit United Natural Foods

In 2002, the Racine County Economic Development Corp., or RCEDC, embarked on a strategic planning process that changed the manner in which economic development takes place in Racine County. The resulting Racine County Economic Development Plan identified five challenges that our community needed to address in order to improve our competitiveness for business development in the Chicago-Milwaukee corridor. ... Read More
 

United Way raises $5.125M

RACINE — Ninety years since first starting here in Racine County, United Way this year raised $5.125 million in their 2012 giving campaign, organizers announced Thursday.  “It’s a lot of money, we are really grateful for everyone who has participated,” said Dave Maurer, the United Way of Racine County’s president and chief professional officer. ... Read More
 

Latest Root River corridor proposals include pedestrian, marsupial bridges

RACINE — A pedestrian bridge across Root River and a “marsupial” pedestrian bridge beneath Sixth Street are among the novel ideas currently sprouting from the Root River revitalization plan, RootWorks.  The Root River Council’s latest proposals, which will be aired today for public comment, involve the area roughly bordered by Mound Avenue on the northwest, Marquette Street on the east and Sixth Street on the south. The Council will present them starting at 5 p.m. to... Read More
 

Distributor plans summer construction start in Sturtevant

United Natural Foods Inc. is planning to start construction in summer 2013 on a 425,000-square-foot distribution center in Sturtevant. ... Read More
 

Incentives allow Sturtevant to snag distributor

STURTEVANT — Sturtevant’s offer of competitive incentives helped beat the competition and bring organic food distributor United Natural Foods Inc. to Sturtevant, village officials said before approving the development Monday.  Village Board and Community Development Authority members unanimously voted to finalize the $32 million development deal with the company during a special meeting Monday at the Sturtevant Village Hall, 2801 89th St., giving the official go-ahead to start w... Read More
 

Wisconsin banks continue rebound, report shows

Wisconsin banks continued rebounding from the economic downturn, with more than 90% of the state's 269 banks turning a profit in the third quarter, a report released Tuesday shows.  Altogether, Wisconsin banks posted earnings of about $262.6 million, a 55% increase from the third quarter of 2011 that reflects improving loan portfolios and less money needed for loan-loss reserves to cover bad debt. Noncurrent loans dropped to 2.71% of total loans in the quarter from 3.62% at the same tim... Read More