April 2014

Driving German FDI – the U.S. as a Manufacturing & Distribution Hub, and an Export Platform

This is just one case study of German success in the U.S. market. Success comes in many sizes - sometimes it's the small or medium-sized enterprise (SME) that makes the commitment to the United States, like PTF Pfuller, a manufacturer of precision parts and assemblies for the semiconductor, food, medical technology, laser and aerospace industries. The CEO, Mr. Oliver Zintl spent two years working with Jenny Trick of Racine County Economic Development Corporation, after an initial meeting at ... Read More
 

Downtown bicycle shop to move, quadruple space

RACINE — Downtown’s bike shop, 3rd Coast Bicycles, will soon quadruple its space to become one of the business district’s larger retail stores.  Owner-operator Don Heckel opened 3rd Coast Bicycles at the present site, 210 Third St., in May 2010.  Now, four years later, he’s planning a move to a much more visible location, 401 Sixth St., in about mid-May. The long-vacant corner building will give Heckel a total of about 4,000 square feet on two floors, compared w... Read More
 

WWBIC to hold retail seminars

RACINE — The Wisconsin Women’s Business Initiative Corp. will hold a Retail Rally Educational Series on Monday, April 28, in Suite 102 at 245 Main St. Registration is held from 7:30 to 8 a.m.  The speakers are:  • Session 1, 8-9 a.m. — Brendon Thomas from Okanjo in Milwaukee will discuss “Boosting Brick and Mortar Sales” with an online store. Learn how to create an online “shopping cart” that is customer friendly, features your top sellers... Read More
 

SC Johnson to hire up to 70 more workers at Waxdale this year

MOUNT PLEASANT — SC Johnson will hire 50 to 70 additional people this year to work at its Waxdale manufacturing plant.  SCJ spokeswoman Jam Stewart said Monday the new hiring should begin by July and will run through the rest of this year.  Waxdale, 8311 16th St., is the Racine-based consumer products company’s largest manufacturing plant worldwide. ... Read More
 

Business investment outlook brightens

Businesses may finally be ready to spend the $1.6 trillion in cash they've been hoarding. And that's good for the economy.  A survey out today shows 61% of corporate economists say their firms will likely increase capital spending in the next year. That's up from an average 52% in the past four quarterly surveys by the National Association of Business Economics (NABE).  Companies with big spending plans include Whirlpool. It's investing $40 million to double the size of... Read More
 

Permit process smoothed — Racine officials say business startup procedure has improved

RACINE — There’s general agreement among both business owners and city staff that in past years, navigating City Hall to get permitted and start a business was confusing.  But Mayor John Dickert and other city officials say the process has been made more entrepreneur-friendly.  Dickert said Tuesday in his State of the City address the Building Department had “created a streamlined system for our new businesses so when someone comes through the door all their questions... Read More
 

Gateway property taxes cut in half

BURLINGTON — The property taxes local residents will pay for Gateway Technical College next year are to be cut in half thanks to an act of the Legislature passed this year, according to officials and Gateway’s proposed 2014-15 budget presented Thursday.  The total amount taxpayers are budgeted to pay next year for Gateway is $28.98 million, down from $60 million this year. ... Read More
 

Dickert highlights efforts in State of the City address

RACINE — The City of Racine is moving forward.  It might lose its footing here and there, but it’s moving forward, and progress is being made.  That was overarching message Mayor John Dickert had for residents and others on Tuesday night during his fifth State of the City address. ... Read More
 

Home prices continue to climb

RACINE COUNTY — Home prices continued their rebound in the year’s first quarter, countywide and especially in the City of Racine, according to the latest Multiple Listing Service data.  The MLS numbers, released late Friday afternoon, showed a 9.1 percent climb — from $121,059 to $132,114 — for the average residential property sold in the county from January-March.  That was almost a one-quarter increase from the first quarter of 2012, the lowest point in recent... Read More
 

RCEDC promotes second-in-command to executive director

The county’s main economic development organization has a new leader as of Tuesday. Jenny Trick, previously deputy director of Racine County Economic Development Corp., has been hired as executive director to replace the retiring Gordy Kacala. Kacala, who led the nonprofit, public-private organization for 24 years, announced ... Read More