Expansion and Business Development in the New North
Celerant Capital acquires Jolly Good soda producer Krier Foods
INSIGHT PUBLICATIONS
RANDOM LAKE—Celerant Capital has acquired Krier Foods, a fifth-generation family-owned beverage company and maker of Jolly Good soda in Sheboygan County's Random Lake.
Celerant is a specialized private equity sponsor that invests exclusively in food, beverage and enabling technologies. Krier, founded in 1908, will continue operations.
Krier has a long history through its Jolly Good brand and providing contract manufacturing services for established and emerging brands. Krier’s production of carbonated sodas dates to the beginnings of the package format in the 1960s....
Economic Development Feature
Nsight announces $2.2 million fiber internet expansion in Pulaski
WBAY
PULASKI -- All Pulaski residents will soon have access to high-speed fiber internet.
Nsight Telservices has announced a $2.2 million expansion to deliver fiber optic cables to every address in the Village of Pulaski.
Nsight says fiber is faster and offers more bandwidth and reliability. That bandwidth can support more devices and streaming. Speeds start at 300 megabits per second up to 1,000 megabits, or “gigabit.”
The Village also made a commitment of $23,400 for the expansion.
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Elevate Sustainability as an Economic Driver
Two area shipyards receive 'Green Marine' certifications
WLUK
MARINETTE -- Two area Fincantieri Shipyards officially received "Green Marine" certifications last week in Montreal.
Marinette Marine and Fincantieri ACE Marine in Green Bay are the first two Wisconsin shipyards to join the largest voluntary environmental certification program. Now both are certified to assess their environmental performance against industry standards nationwide.
“We view this certification as the next step on a path to being a leader in sustainability in the U.S. shipbuilding industry,” said Dario Deste, president and CEO of Fincantieri Marine Group. “We are interested in sharing best practices we have learned from our parent company [Fincantieri], as well as collaborating with other Green Marine members in the area of sustainability and environmental stewardship.”.
..Promoting the Regional Brand
Cruise ship set to dock in Green Bay
WBAY
GREEN BAY -- More than five years in the making, later this week Green Bay will welcome the first passenger cruise ship to ever dock in the city. Ocean Voyager is scheduled to arrive at Leicht Park Thursday morning. The city is rolling out the red carpet for these first-of-its-kind visitors.
Green Bay has always been a destination for many, but for the first time ever the city will welcome a cruise ship to town. American Queen Voyages added Green Bay as a stop on its Great Lakes cruise.
“I think it’s something that we’ve never experienced before. There’s many great ways to get into our community from the drive market to the fantastic airport that we have so people are coming to Green Bay. Now, a Great Lakes cruise is just one more added opportunity for people to come into our community,” says Cameron Teske with Discover Green Bay....
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Special Event
Music, food and fun: Here's what's planned for Sheboygan's Juneteenth celebration
SHEBOYGAN PRESS
SHEBOYGAN - Sheboygan’s 2022 Juneteenth celebration will be “even bigger and better this year,” says Black American Community Outreach President Michael Thomas.
The celebration will be the second hosted by BACO, which became a nonprofit in the fall of 2020.
Juneteenth commemorates the end of slavery in the United States. Sheboygan’s first Juneteenth celebration was held in 2020.
This year’s holiday marks 157 years since Union soldiers arrived in Galveston, Texas, on June 19, 1865 — about two and half years after President Abraham Lincoln announced the Emancipation Proclamation — freeing an estimated 250,000 Black Americans enslaved in Texas...
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Promoting the Regional Brand
Door County up 33 percent, Kewaunee County 16 percent in total tourism impact
DOOR COUNTY DAILY NEWS
DOOR COUNTY -- Only one county saw a bigger percentage gain in tourism spending than Door County in 2021.
The Wisconsin Department of Tourism recently released its 2021 tourism numbers, showing a total economic impact of $20.9 billion. That is an increase of 21 percent over 2020 when the pandemic brought things to a standstill for several months. The number of visitor trips went up 13 percent to 102.3 million.
Door County saw a 33.7 percent increase in total business sales according to department data, from $397 million in 2020 to $531 million in 2021. Only Sauk County, which includes Wisconsin Dells, saw a bigger year-over-year jump in total business sales at a 44 percent increase. Direct visitor spending in Door County went up at an even steeper clip of 39 percent to $423 million. Only Sauk (54.6 percent) and Buffalo (44.4 percent) counties saw bigger jumps in that category...
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Research and Trends in NE Wisconsin
Dept. of Revenue (DOR) Market Report now available
WISCONSIN DEPARTMENT OF REVENUE
The May national forecast shows the U.S. economy growing at a slower pace for the 2022-2025 period due to tightening financial conditions aimed at curbing rising inflation. IHS Markit revised down their forecast for real GDP growth in
2022 from 3.0% to 2.4%, reflecting the incorporation of the Q1 contraction of GDP and the May decision by the Fed to raise the policy rate by 50 basis points. The national forecast calls for U.S. real GDP growth of 2.4% in 2023 and 2.3% in
2024.
The forecast expects U.S. personal income to grow 2.7% and personal consumption 8.8%. After adjusting for inflation, real personal income will decline 2.8% and real consumption will increase 2.9% in 2022. The labor market is
still very tight, pushing for wage growth of 9.4% in 2022, following growth of 9.3% in 2021, as the economy keeps adding jobs lost during the pandemic. The U.S. is expected to keep adding jobs and reach the pre-pandemic level of employment by the third quarter of 2022....
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Research and Trends in NE Wisconsin
Fox Cities CVB survey to determine opportunities for tourism and collaboration
FOX CITIES CONVENTION & VISITORS BUREAU
The Fox Cities Convention & Visitors Bureau is working with MMGY NextFactor, a consulting company that provides strategic planning services within the tourism industry to conduct a comprehensive survey identifying the Fox Cities' strengths as a destination and opportunities for future tourism growth. Results of the survey will essentially be a report card for the health and benchmarking of the Fox Cities as a destination.
The assessment takes the form of a 360-degree evaluation. As a key stakeholder impacted by our ability to attract visitors to the Fox Cities, your input on our current destination product and how we might enhance it is extremely valuable.
The survey, called DestinationNEXT, is part of the overall Destination Master Plan project the CVB is leading. The plan will serve to:
- Identify products, amenities, programming and experiences that will guide the long-term, sustainable planning and design of the Fox Cities region
- Create a vision for how the Fox Cities can shape and plan its physical/geographic assets to create a stronger sense of place
- Identify placemaking opportunities for tourism generation, talent attraction and economic development
- Develop a positioning strategy for the future of our visitor economy...
Read More 10>Elevate Sustainability as an Economic Driver
Faith Technologies Incorporated Unveils Lakeside Vision Center, a Complete Off-Grid Energy Facility
FAITH TECHNOLOGIES INC (FTI)
CHILTON -- Faith Technologies Incorporated (FTI), the parent brand to EnTech Solutions, set out to create an off-the-grid experience for its customers and partners and to showcase the organization’s energy capabilities. The Lakeside Vision Center is a 19,000-square-foot multi-purpose facility that is powered by EnTech Solutions’ clean energy technologies, enabling FTI to bring its energy independence vision to life.
The Lakeside Vision Center is powered by clean energy Xcape™ and DCentrIQ™ microgrids which consist of ground-mount and roof-top solar, battery storage, a natural gas generator and DCentrIQ power controls. All power is managed by EnTech Energy Center™ proprietary software. It is an educational facility where FTI is able to demonstrate energy resilience, building confidence in its energy products and solutions with quantifiable metrics. Within the facility itself, and remotely via the EnTech Energy Center, customers and visitors are able to view live energy data feeds and analytics of the systems powering the facility and learn how these systems can be applied to their own energy challenges.
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Attract, Develop and Retain Diverse Talent
Mini Job Fair at Waupaca Fox Valley Technical College on June 21
FOX VALLEY WORKFORCE DEVELOPMENT BOARD
FOX VALLEY -- The Fox Valley Workforce Development Board (FVWDB), a regional not-for-profit providing career services, resume development, job search planning and retraining opportunities, is partnering with the State of Wisconsin Department of Workforce Development (DWD) and Fox Valley Technical College to hold a free mini job fair from 1-3 pm on Tuesday, June 21, 2022. The event will be held at the Fox Valley Technical College satellite campus, 1979 Godfrey Drive, Waupaca.
“If you or someone you know are looking for full or part-time employment, the workforce partners the Waupaca area are ready to meet you,” said Anthony Snyder, CEO of the Fox Valley Workforce Development Board.
The event will include representatives from across manufacturing, construction, health care and hospitality. Employers scheduled to attend include: Agropur, Bethany, Faulk Brothers Construction, Foxfire Golf Club at Par 4 Resort, King Veterans Home, Presto Products, Synergy HomeCare and Waupaca Foundry...
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