Expansion & Business Development in the New North
Brown County translation tech company acquired by Australian business
Wisconsin Inno
An Australian captioning and transcription company has acquired Wisconsin company Caption IT to expand its footprint in the U.S., the firm recently announced.
Melbourne-based Access Innovation Holdings, doing business as Ai-Media, acquired the De Pere-based company along with acquiring CaptionAccess in Illinois for a combined $1.9 million, of which $1.6 million is in cash.
Caption IT offers captioning for live webcasts, television broadcasts and meetings, along with transcription services for meetings and events, and foreign language translation services. The company generates its revenue from corporate customers, mostly through white label product sold via resellers. Maureen DeRuyter founded the company in 2002 after spending time at an
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Encouraging Education Attainment in the New North
Packers donate $250,000 to UW-Green Bay for Willie Davis business lab focused on investments
Green Bay Press-Gazette
GREEN BAY - Former Green Bay Packers defensive end Willie Davis was the epitome of what it meant to be a Vince Lombardi-era team member: a man of character, successful on and off the field.
The Packers said Wednesday they'll give $250,000 to the University of Wisconsin-Green Bay to fund the Willie Davis Financial Trading and Investment Laboratory at the Cofrin School of Business. The money will help students use technology to learn about and analyze stocks and other....
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Fincantieri Marinette Marine: GE Marine to provide gas turbine engines for Constellation class frigates
WisBusiness
DWASHINGTON D.C. – Fincantieri Marinette Marine will partner with GE Marine to provide gas turbine engines and associated equipment on the Navy’s Constellation-class frigates being designed and built in Wisconsin.
“GE Marine brings a proven and reliable gas turbine that integrates perfectly in our combined diesel electric and gas turbine (CODLAG) propulsion system,” said Dario Deste, President and CEO of Fincantieri Marine Group. “Fincantieri has a decades-long relationship with GE, and we are proud to have these American-made gas engines on our U.S. Navy frigates.”
The GE gas turbine, LM2500+G4, has been in operation on Italian frigates built by Fincantieri for nearly a decade, but this will be the first U.S. Navy ship to utilize this...
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New North Region Stepping Up to the COVID-19 Challenge
Special boxes for ultra-cold vaccine storage made in Menasha
FOX 11 News
MENASHA (WLUK) – When shipments of the COVID-19 vaccine arrive in boxes across the nation, they will include a piece of the Fox Cities.
Dura-Fibre, a Menasha-based paperboard manufacturer, is making laminated paperboard sleeves being used in the boxes.
Due to contractual restrictions, the company can’t name which supplier is using their product, or let FOX 11 get pictures of the sleeves, said company President Luke Benrud. But he could say that the product was custom made to help with the....
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Innovation in the New North
New website to help Brown County improve internet access
FOX 11 News
BROWN COUNTY (WLUK) -- A new website has been created to help Brown County improve its internet infrastructure.
The county says it has launched a "broadband speed test initiative," which it says will help pursue better infrastructure in under-deserved areas.
“It is our desire that everyone here in Brown County, from school-aged youth to young entrepreneurs, small business owners and older adults have fast internet speeds in order to navigate our interconnected world,” Brown County Executive Troy Streckenbach said in a news release. “In order to advance this goal, Brown County needs to ensure that we are....
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Economic Development Feature
Wisconsin unemployment drops to 5% in November
Channel 3000
MADISON, Wis. — Wisconsin’s unemployment rate dropped to 5% in November from 6% in October even as coronavirus cases were spiking in the state.
The Wisconsin Department of Workforce Development reported the latest figures on Thursday.
The state rate is below the national unemployment rate for November of 6.7%. A year ago the state rate was....
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