Regional Roundup

Posted on Feb 27, 2019 :: Regional Roundup
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Posted by , Insight on Business Staff Writer

interstate 41 Corridor

Brown, Calumet, Outagamie, Winnebago, Fond du Lac Counties

Green Bay Port hits 5-year high in shipping volume

For the first time in five years, the Port of Green Bay moved more than 2 million tons of cargo in one shipping season. The port moved nearly 2.1 million metric tons during the 2018 shipping season, representing a 14 percent increase over 2017.

Major positive contributors to the 2018 season included foreign import increases of petroleum products by 528 percent and limestone by 230 percent as well as domestic exports of petroleum products by 151 percent.

“Growth in petroleum product movements continues to be exceptional year after year,” said Port Director Dean Haen. “Much of the growth can be attributed to the closure of a petroleum pipeline serving Northeast Wisconsin. The port was ready to step in and facilitate the movement of this crucial commodity.”

Domestic imports of U.S. salt decreased by 84 percent and imports of salt by 17 percent. Domestic exports of ash ceased, and exports of limestone decreased by 64 percent. On the positive side, the port saw the number of vessels this season increase by 8 percent to a total of 180, compared to 167 vessels in 2017.

 

West Central

Shawano, Waupaca, Waushara, Marquette, Green Lake Counties

Waupaca Foundry named large business of the year

The Waupaca Area Chamber of Commerce named Waupaca Foundry, a Hitachi Metals group company, the 2018 Large Business of the Year. The chamber recognized the iron casting component supplier for its business practices and commitment to the community.

To be eligible for the award, the business must demonstrate economic enhancement to the area, provide service to the community, enhance the community image and enrich community life.

Waupaca Foundry has a history of providing leadership, financial, and in-kind support to schools, nonprofit organizations, and civic and environmental initiatives. The foundry is the largest employer in Waupaca County and extends its spirit of teamwork by supporting the community.

“Waupaca Foundry has been a mainstay of the community since 1955,” said Kirk Kallio, director of human resources for Waupaca Foundry, who also sits on the chambers board. “One of our key initiatives is to provide good jobs and career advancement for the people of Waupaca and surrounding areas so together we can best serve our customers and our community.”

“We are so fortunate to have Waupaca Foundry in our community,” said Terri Schulz, president of the Waupaca Area Chamber of Commerce. “They are a very generous corporate citizen supporting our schools and nonprofit organizations financially along with donations of equipment, supplies and volunteers.”

 

The Northwoods

Florence, Marinette, Menominee, Oconto Counties

Marinette Marine could get $31 million from state

Fincantieri Marinette Marine may receive $31 million in the next state budget, according to Gov. Tony Evers.

In a visit to the Marinette shipyard, Evers announced plans to help the shipbuilder expand its shipyard and infrastructure. The governor said the shipyard expansion will help Marinette Marine keep its workforce of 1,500 employees and add another 400 full-time positions. The funds would help with new docks and possibly dredge parts of the Menominee River, along which Marinette Marine is located.

Marinette Marine is one of two companies building Littoral Combat Ships since 2005. The U.S. Navy is discontinuing the LCS in favor of a larger, frigate-class ship, and Marinette Marine is competing with four other companies for the new $10 billion contract. The work at Marinette Marine will help it better compete for the project.

 

The Lakeshore

Door, Kewaunee, Manitowoc, Sheboygan Counties

Lakeshore Tech to relocate Manitowoc campus to downtown

Lakeshore Technical College is moving its Manitowoc campus from its current location on Dewey Street to a downtown location.

College officials said the move will provide more convenient access to students and will be part of the city’s continuing efforts to enhance its downtown area.

LTC will lease space at 600 York St. The building, owned by the Allie Group, will be fully renovated inside to meet LTC’s instructional needs for precollege-oriented adult learning, English language learning, community education and professional development. Classes will begin at the new location in August.

LTC President Paul Carlsen said transportation is a barrier for many students who want to attend the college, and the downtown location will be easier for them to access and cut down commute times for many adults, including those coming from Two Rivers.

Around 24,000 adults in Manitowoc County have a high school diploma or less as their highest level of education, and by taking classes at LTC they can improve their income potential, Carlsen said. He added the average adult who enrolls in classes at LTC reports an income of $19,300 annually, and six months after graduating with an associate degree, reports an income
of $46,800 annually.

 

Study reveals great need for Door County housing

The newly released Door County Housing Analysis reveals that northern and central Door County are collectively hundreds of apartments short of what is needed to meet the demand.

Last year, Door County Economic Development Corp., along with support from both the public and private sector, initiated a study looking at the state of housing in the county. Jim Schuessler, executive director of the DCEDC, called
the results astonishing.

Sturgeon Bay has 164 market-rate apartments either newly completed or under construction. This still leaves central Door County with fewer than half the apartments needed to meet demand. Central Door County needs over 200 apartments, the study showed.

Sister Bay will have 40 apartments available before the end of 2019, but these satisfy less than one-third of the current need, and northern Door County needs another 165 apartments.

Added housing would be an asset to local companies that currently have hundreds of jobs available. Overall, another 376 apartments are needed to catch up to demand and to meet the near-future need. In addition, a senior housing analysis revealed a future need for another 200 apartment units and 575 owner-occupied units across the county.