December 2013

Page 8

SINCE WE LAST MET November 7 The state Board of Commissioners of Public Lands approved a $657,990 State Trust Fund Loan to the Village of North Fond du Lac to purchase the remaining 53 acres of land near U.S. Highway 41 to expand its existing Northgate Business Park. An estimated $50,000 from the loan proceeds will be used to clean up the vacant land the village plans to acquire.

November 8 The U.S. Department of Labor reported 204,000 new jobs were created during October, leaving the national unemployment rate relatively unchanged at 7.3 percent. Employment increased in leisure and hospitality, retail trade, professional and technical services, manufacturing and health care.

6 Wisconsin’s rank among the 50 states for manufacturing job growth creation between October 2012 and October 2013. Production jobs increased by 9,700, or 2.1 percent, during the period. Source: U.S. Bureau of Labor Statistics

November 12 The City of Green Bay Redevelopment Authority approved $400,000 in tax incremental finance assistance to Broadway Automotive for an expansion and renovation project on South Military Avenue and another $500,000 in TIF assistance to Titletown Brewing Co. and Smet Construction to renovate a portion of the Larsen Green property in the On Broadway district. Broadway is planning to invest $9.6 million to renovate its Ford, Hyundai and used car dealerships in a project expected to provide an additional $4 million in property value to the city. The Titletown project intends to renovate a portion of the former industrial facility a block away from its restaurant and move and expand its brewing operations to the refurbished space.

November 19 Rol-Tec in Green Bay was approved for $80,000 in tax credits from Wisconsin Economic Development Corp. to help with a nearly $1 million project to acquire new laser engraving equipment for its facility. The capital improvement is expected to help the manufacturer of precision rubber-covered rollers create as many as 24 new jobs at its Green Bay plant. The new laser technology will allow Rol-Tec to expand its product

offering to customers in the flexographic printing industry. The state tax credits will be distributed to Rol-Tec annually based upon the number of new fulltime positions created over a three-year period.

November 19 The state Department of Transportation approved a $2,251,705 construction project at Outagamie County Regional Airport in Greenville to expand the general aviation ramp. The ramp expansion will provide additional tiedown parking for aircraft and access to more hangar space at the airport. The project is funded by more than $1.9 million from the Federal Aviation Administration, as well as $159,020 apiece from both the state and from Outagamie County. The project is scheduled to be complete by the end of December.

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