John Stroschine Northwest Regional Planning Commission’s Program Manager (right) presents a Wisconsin Business Innovation Corporation Revolving Loan Fund check for $250,000 to Innomation, Inc. CEO Carl Marschke. Proceeds of the loan will be used in part by the Phillips business to develop proprietary manufacturing equipment capable of producing innovative green building components.
John Stroschine, Program Manager for Northwest Regional Planning Commission on the right presents a Wisconsin Business Innovation Corporation revolving loan fund check for $250,000 to Burnett Dairy Cooperative President, Dan Strabel. The WBIC funds along with $725,000 of private funds will be used to upgrade the Dairy’s wastewater treatment system. The Burnett Dairy Cooperative currently employs over 180 area residents and has over 200 area dairy farm suppliers.
Northwest Regional Planning Commission’s Program Manager John Stroschine,
pictured on the right, presents a Wisconsin Business Innovation Corporation
check for $150,000 to Kleiss Gears, Inc. owners Rod and Georgianne Kleiss,
center and Doug Felsenthal V.P. of Sales and Marketing. Proceeds of the WBIC
loan were used in part to purchase the plastic injection molding press pictured in
the background. Kleiss Gears, Inc., located in the Village of Grantsburg’s
Industrial Park, designs and manufactures plastic gears for the Medical, Automotive
and Defense Industries.
John Stroschine, Program Manager for Wisconsin Business Innovation Corporation (right) presents a WBIC Revolving Loan Fund check for $58,500 to Doug and Patty Weihert of Northern Pines Resort. Proceeds of the check along with additional financing from Northwoods CommunityCredit Union of Park Falls and owner equity will be used to construct and furnish five replacement cabins at the resort.
John Stroschine, Program Manager for Wisconsin Business Innovation Corporation (right) presents a WBIC IRP Revolving Loan Fund check for $100,000 to James Colborn (center) and Knute Pedersen (left) Managing Members of H-Window Company, LLC Ashland. Proceeds of the loan along with additional equity and conventional bank financing will allow the business to research and design a new energy-efficient sliding patio door to compliment H-Window’s Nordic swinging patio door product line. H-Window Company, LLC currently employs 40 Ashland and Bayfield County residents.