Summer 2005 - Kenosha Area Business Alliance
Transcription
Summer 2005 - Kenosha Area Business Alliance
LEADERSHIP KENOSHA AREA BUSINESS ALLIANCE, INC. Board of Directors Chairman Secretary Mark S. Jaeger Senior Vice President, General Counsel & Secretary Jockey International, Inc. Thomas H. Laken, Jr. President Finishing & Plating Service, Inc. Vice Chairman Treasurer Michael F. Montemurro Senior Vice President - Transportation Snap-on Incorporated Jerold P. Franke President WISPARK LLC NEWSLETTER OF KENOSHA A REA B USINESS A LLIANCE July 2005 Deputy Mayor of Louisville Discusses City-County Merger President Todd R. Battle Kenosha Area Business Alliance, Inc. David R. Barnes, Attorney von Briesen & Roper, s.c. Dr. Sam E. Borden, President Gateway Technical College Cathryn S. Bothe, President Bothe Associates Inc. Patrick DeGrace, Director of Customer Care Hospira, Inc. John Donnell, President Martin Petersen Company, Inc. Ken Dowdell, Vice President & Publisher Kenosha News John M. Ernster, Manager-Customer Services WE Energies Kenneth L. Fellman, President M&I Marshall & Ilsley Bank Mary Galligan, President Kenosha Area Convention and Visitors Bureau David L. Hagman, President & CEO Vista International Packaging, LLC William A. Hardt, President Northlake Engineering, Inc. William J. Hayes, President & CEO Nitto Americas, Inc. Dr. John P. Keating, Chancellor University of Wisconsin - Parkside Wayne E. Koessl, Senior Local Affairs Representative WE Energies Joseph F. Madrigrano, Sr., Owner Marina Shores Virginia K. Moran, President Label Makers, Inc. Mark Naidicz, Director-Corporate Human Services S.C. Johnson Robert C. Nelson, President Bane-Nelson, Inc. Karl Ostby, President & CEO Southport Bank Joe Per, Plant Manager DaimlerChrysler-Kenosha Engine Plant Leon Pascucci, President Grenadilla, Inc. Rita Petretti, Vice President Petretti Builders and Developers Lawrence R. Rasch, President Rasch Construction and Engineering, Inc. Barbara Riley, Vice President-Business Development Riley Construction Company, Inc. Richard O. Schmidt, Jr., President, CEO & General Counsel United Hospital Systems Robert G. Terwall, President Cherry Electrical Products Gregg Thompson, President BCI Group Stanley A. Torstenson, President Stan’s Lumber, Inc. Peter D. Valeri, President Valeri Agency, Inc. Dennis Vignieri, President Kenosha Beef International, Ltd. Michael W. Wells, President Frank L. Wells Company Cletus R. Willems, Vice President & General Counsel JHT Holdings, Inc. Target Your Marketing Efforts K ABA members may request a separate one-page insert of their own design and production to accompany the KABA newsletter mailing to about 900 recipients. KABA reserves the right to review the insert to ensure the quality is compatible with the newsletter. The newsletter is published in January, April, July and October. Members interested in including an insert should contact KABA, (262) 605-1100, by the first of the month prior to publication. The insert fee is $250. The correct number of copies need to be delivered to KABA by the 25th of the month prior to publication. NEW 300,000 SF INVENTORY BUILDING COMING TO LAKEVIEW CORPORATE PARK W Directions is published quarterly by the Kenosha Area Business Alliance, Inc. 600 52nd Street, Suite 120 Kenosha, WI 53140-3752 262-605-1100, FAX 262-605-1111 Email: [email protected] www.kaba-inc.com The Kenosha Area Business Alliance (KABA) is a private not-for-profit corporation recognized as the focal point for economic and community development, business technical assistance and employer training to existing firms and new businesses interested in locating in Kenosha County. Todd R. Battle, President Cecilia Lucas, Director of Bus. Finance Diana Ide, Director of Member Services Julie Hopper, Administrative Assistant Jeremy Scuffham, Marketing Specialist Keena Johnson, Intern JULY 2005 ISPARK LLC and CenterPoint Venture LLC, under the name of CenterPoint WISPARK Land Company LLC, announced construction of LakeView X, a 301,650 SF inventory building at LakeView Corporate Park. Located on a 23.5 acre site at the southwest corner of 113th Street and 88th Avenue (Highway H), this distribution/manufacturing facility is being developed south of Cherry Electrical Products and west of the Volkswagen/Audi Midwest Distribution Center. economy", said Jerry Franke, President of WISPARK LLC. "It is important to have existing space of this nature readily available to attract companies in need of space quickly many times it leads to a build-to-suit opportunity." R iley Construction Company, the general contractor and Partners in Design Architects, the architectural firm, have extensive experience with WISPARK projects. Lee and Associates has been selected to market the property. T L L C he pre-cast industrial building will be both expandable to 600,000 SF and divisible to 75,000 SF and is expected to be ready for occupancy by mid-October 2005. Building features include 30' clear height, 24 exterior docks (expandable to 56) and truck trailer storage. ow vacancy rates and high user demand in Southeast Wisconsin contributed to the decision to move forward with this project. “This is the first speculative building development in LakeView in 4 years. The fact that much of the existing building space in the Park is leased and the market indicates a demand for more is a healthy sign of the JULY 2005 akeView Corporate Park is a 2,391-acre mixed-use real estate development located along I-94 between Chicago and Milwaukee. The Park has attracted 75 corporations that employ more than 9,000 people in the Village of Pleasant Prairie, since opening in 1988. enterPoint WISPARK Land Company LLC is a joint venture between WISPARK LLC (a subsidiary of Milwaukee-based Wisconsin Energy Corporation), CenterPoint Properties Trust, and CalEast Industrial Investors, LLC advised by LaSalle Investment Management. FROM THE PRESIDENT Kenosha Area Development Activity Picking Up Welcome to KABA’s newest members in 2005: Hospira, Inc The Club at Strawberry Creek E ach quarter, we use Directions to provide you with an overview of area development activity and share news about our members and the Greater Kenosha Area. As we put together this July 2005 edition, a number of items lead us to conclude that the local economy continues to perform well - - and appears to be gaining momentum. Among these items are: • Construction of a 300,000 SF spec building in LakeView Corporate Park by WISPARK and CenterPoint (page 1). • Optimistic responses from area business executives that participated in KABA’s annual economic outlook survey (page 4). • News of a 150,000 SF retail expansion from Prime Outlets (page 5). • The location of EPG, a division of Federal Signal, in a 65,000 SF space in LakeView Corporate Park (page 4). • Another positive report from the Kenosha County Convention & Visitors Bureau on tourism spending and impact (page 7). • Numerous positive reports on financial results from area businesses (pages 4, 5, 7, and 8). • Receipt of a $400,000 grant from the Wisconsin Department of Transportation to complete environmental impact studies for the commuter rail line extension (page 4). T hese are all positive signals that Kenosha County’s economy is moving in the right direction. In addition to the positive economic news, we are also pleased to report that our initiative to work more closely with the Kenosha Area Chamber of Commerce is going well. We co-hosted a legislative breakfast with Senate Majority Leader Dale Schultz in May and have planned an August golf outing to raise funds for college scholarships. We hope to see you there. Todd Battle KABA President 2 UPCOMING EVENTS S Wisconsin Senate Majority Leader Addresses Kenosha Businesses enate Majority Leader Dale Schultz was in Kenosha on May 13th to address a breakfast gathering of Kenosha businesses and community leaders. Hosted by KABA in partnership with the Kenosha Area Chamber of Commerce and Wisconsin Manufacturers and Commerce, the event attracted about 65 attendees. Senator Schultz's remarks were centered on the timeline for the state budget, measures currently being taken to improve Wisconsin's economy, and the Senate's priorities for the remainder of the session. The breakfast concluded with a question and answer session during which Senator Schultz addressed questions from the audience including concerns with Medicaid funding and healthcare costs faced by many companies and individuals in the state of Wisconsin. M ike Pollocoff, the Administrator for the Village of Pleasant Prairie, recently celebrated his 20th anniversary as the Village Manager. Hired in 1985 by the Town of Pleasant Prairie, which at the time had 27 employees and a $980,000 operating budget, Mike has played a major role in the Village's development. The town's incorporation into a village, the development of LakeView Corporate Park, and the construction of the Rec Plex and Ice Plex are a few of the notable accomplishments that the Village has achieved during Mike's tenure. Today the Village has a general operating budget in excess of $9 million and 142 employees. JULY 2005 Progressive CEO Series for Manufacturing Executives K A KABA/Chamber Scholarship Golf Classic ABA is offering a series of 3 half-day workshops for manufacturing executives over the next 6 months. rea manufacturing executives are invited to attend any or all three programs. A $65 registration fee applies for each program. The content for the series has been developed by 360vu, an affiliate of the National Institute of Standards and Technology and its Manufacturing Extension Partnership. Each program will feature a 360vu presenter and will include a case study from a local CEO with relevant experience. C herry Corporation’s Chairman and President, Peter Cherry, will be a featured speaker at the Leap of Strength: The CEO Adventure seminar held on Thursday, November 17th at Gateway Technical College. Successful Strategies for Competing in a Low-Cost Manufacturing World Thursday, June 23, 2005 8 a.m. - 12p.m. College of Lake County 19351 W. Washington St. - Grayslake, IL Facilitated by: Michael Stone & Melissa Kelly-McCabe Featuring: Jim Brizzolara, President of Hydraforce, Inc. A CEO Guide to Innovation and Product Development Thursday, September 22, 2005 8 a.m. - 12 p.m. McHenry County College 8900 US Highway 14 - Crystal Lake, IL Facilitated by: Michael Collins, MPC Management, LLC Featuring: Bob Deprez, CEO of the Martinez Group International Leap of Strength: The CEO Adventure Thursday, November 17, 2005 8 a.m. - 12 p.m. Gateway Technical College - Madrigrano Center 3520 30th Avenue - Kenosha, WI Facilitated by: CEO Coach & Speaker Walt Sutton Featuring: Peter Cherry, Chairman & President of the Cherry Corporation Contact KABA to request additional information or to register to attend. Diana Ide - Director of Member Services P (262) 605-1100 F (262) 605-1111 [email protected] JULY 2005 11 Monday, August 8th K ABA and the Chamber are collaborating this year to offer the 2005 KABA/Chamber Scholarship Golf Classic, presented by TDS Metrocom. This premier golf outing for the business community will raise money for college scholarships. W e would like to recognize and thank our title sponsor and partner, TDS Metrocom, for their generous support of this event. This marks their third year of support for KABA's golf outing - and the first year for the combined outing. We would also like to thank Palmen Motors for sponsoring our hole-in-one contest. Someone may be driving away in a new Jeep Wrangler if the ball bounces their way! T his year's event will present an excellent opportunity for you to enjoy a day of golf and fun - while raising money for college scholarships. Since its inception in 1996, KABA's Foundation has awarded 89 college scholarships totaling more than $122,000. The Chamber's foundation has awarded more than 50 college scholarships in the past 20 years. C ontact KABA at (262) 605-1100 to request registration information and forms. In addition to registering to play at the event, there are also hole sponsorship opportunities for you or your business to consider. We look forward to seeing you on August 8. September 27 Referendum K enosha residents will have the opportunity to voice their opinions on the proposed $12.9 million referendum on September 27th. The three components of the proposed plan include construction of a 600-student elementary school in the White Caps neighborhood, a 200-student addition and renovations to Prairie Lane Elementary School, and improvements to the athletic/physical education facilities at Bradford and Tremper High Schools. For more information on the referendum visit www.kusd.edu. EDUCATION REPORT BOARD MEMBER PROFILES Student’s Share Mentor Program’s Strong Impact LakeView Technology Partners with Project Lead the Way O T f the 171 students participating in KABA’s Mentor Program, 64 percent responded to the program evaluation survey, of which all indicated their mentors have helped them in various areas. The majority (69%) stated their self-confidence has increased, while 65 percent stated their mentors have helped them improve on the school work, 61 percent stated they feel better about school, and 50 percent designated they get along better with their classmates. Kids strongly agreed that the time dedicated to them was valuable and just having a friend to talk to was the most valuable aspect of KABA’s mentor program. A side from quantitative data, it is evident that students valued their mentors with nearly every student taking time to praise them. Their responses ranged from simply stating how nice their mentors were to thanking their mentors for helping them with their problems to making them feel good about themselves to inspiring them to do their best. What kids had to say about their mentors... “She is the best mentor and she makes me feel good about myself...” “He is a very unique and a transcendent man who chose to help me in every way he could.” “That she's the best mentor ever and she's a great friend and she has been a big help in my life.” “It was great to talk about science and inventions and smart stuff with an adult.” “He helped me realize my strengths.” “He is like having a dad...” Interested In Becoming A Mentor? S ince 1997, KABA has strived to make a difference in education through its mentor program. This program currently has 170 mentors working with 3rd-5th grade students in Kenosha, Bristol, Salem and Trevor school districts. The commitment is only 30-45 minutes per week of the mentor's time and takes place at their school. The program provides each student with a positive role model to talk to and have fun with and provides the mentor with the satisfaction of contributing to something positive in a child's life. Becoming a mentor is a win-win situation for all! We are currently recruiting new mentors for the 2005-’06 school year. If you are interested in learning more about KABA's Mentor Program through additional literature or a presentation at your organization, please contact Diana Ide at (262) 605-1100. 10 o address the critical shortage of engineers and engineering technologists, LakeView Technology Academy formed a partnership with Project Lead The Way ® (PLTW). LakeView is the third registered PLTW training center in Wisconsin. P roject Lead The Way is a not-for-profit organization that promotes pre-engineering courses for middle school and high school students. First introduced 8 years ago in 12 New York State high schools, PLTW now offers programs at 600 schools in 35 states. C ourses include: Introduction to Engineering Design, Digital Electronics, Principles of Engineering, Computer Integrated Manufacturing, Civil Engineering and Architecture, and Engineering Design and Development. Bradford and Tremper High Schools will be teaching two courses starting in the fall as well. Cathryn Bothe President Bothe Associates Inc. C athryn joined Bothe Associates Inc. in 1992 and became President in 2001. Her community activities include: President of the Friends of the Library, Chair of the Kenosha Unified Shared Decision Core Committee, Chair of the City of Kenosha Police and Fire Commission, County Civil Service Commission and Chair of the Republican Party of Kenosha County. She has represented KABA as co-chair of the successful KUSD referendum that built Bain and Mahone Middle Schools and has served on the site council at Lakeview Technology Academy since its inception. Her involvement with KABA represents the strong belief of three generations of the Bothe family that small employers need to continue to be a vital part of KABA and the development of Kenosha County. Jerold P. Franke President WISPARK LLC J erry joined WISPARK as Director of Business Development in 1988 and served as Vice President and Senior Vice President prior to being named President. Mr. Franke is a member of the National Association of Industrial and Office Properties (NAIOP) and chairs its Urban Redevelopment Forum. He is a member of several local and state real estate and economic development organizations. P revious experience includes Vice President for economic development for Forward Wisconsin, Inc., the state's economic development marketing organization; City Manager and Director of community development for the city of Janesville, WI; and urban planning positions in Des Moines and Waterloo, Iowa. He serves on the boards of directors of WISPARK LLC, Johnson Bank, and several other organizations. Cletus (Clete) Willems Vice President & General Counsel JHT Holdings, Inc. S ome of the benefits students in the PLTW program will receive include: training in current technology using the latest computer software and equipment in use in industry, participating in a hands-on, activity oriented program that utilizes team efforts, and taking courses that will apply and reinforce their study of math and science. Wilmot High School Wins 9th Annual Kenosha Academic Skills Challenge O n April 11th, the Wilmot High School team won first place in the 9th annual Kenosha Academic Skills Challenge over Bradford High School by a narrow margin of 655 to 600. This year’s event consisted of twelve teams from eight local high schools and 100 students with ten coaches and teachers and 25 staff from Carthage, Gateway, and UW-Parkside volunteering. The skills challenge was originally started by KABA's Education Committee. KABA continues to sponsor this annual event, along with Carthage, Gateway, and UW-Parkside. JULY 2005 C lete was born and raised in Kenosha, Wisconsin. He graduated from the University of Notre Dame with a Bachelor of Arts degree, and received a Doctor of Laws degree from the University of Wisconsin in 1970. F ollowing graduation, Clete served as a Captain in the JAG Corps of the United States Air Force, performing duties as a trial attorney, government contract specialist, and General Counsel of a Tactical Air Command training base. He was awarded the Air Force Commendation Medal for meritorious service. A C fter nearly 23 years of private practice with business law firms in Columbus, Ohio and Kenosha, Wisconsin, Clete joined JHT Holdings, Inc. as Vice President and General Counsel in 2002, the position he holds today. lete has been strongly committed to the development of economic opportunity in the Kenosha area, having founded both the Kenosha Area Development Corporation, and the AMC/Chrysler Task Force. The Task Force addressed the reforms required to transition the local economy after the cessation of 75 years of automobile manufacturing. In addition to his role as a KABA director, Clete has served on the boards of many private corporations and public institutions including the State of Wisconsin Innovation Network, the Kenosha Area Chamber of Commerce, the Kenosha Civil Service Commission, St. Joseph High School, Armitage Academy, and the Kenosha County Redevelopment Authority. Business to Business Marketing Opportunity “NSR Business Solutions is very pleased with the results we received by marketing through the Kenosha Area Business Alliance newsletter. The inserts we placed directly resulted in new clients and many exciting prospects.” Craig Anderson – President, NSR Business Solutions D irections, KABA’s quarterly newsletter, provides an easy and cost effective method for marketing your firm’s products or services to decision makers from other area companies. Approximately 900 copies are mailed each quarter to key personnel of member companies. Any member of KABA can pay $250 to place an insert in the newsletter to promote their products or services directly to other KABA members. JULY 2005 3 ECONOMIC DEVELOPMENT REPORT Area Executives Upbeat About Economy K ABA recently completed its annual executive economic outlook survey. Executives from 55 area firms responded to the survey. Forty percent of respondents were manufacturing executives. Fifty six percent of survey respondents employ more than 50 people and 55% represented companies with at least $10 million in annual sales. The survey captured valuable, and mostly positive, information from area executives about the state of their business, industry conditions, and plans for growth. A sample of survey questions and responses are included below. Please contact us for a complete copy of the survey results. Number of Responses Response Ratio Stronger than now 23 42% Comparable to now 22 40% Weaker than now 4 7% 6 11% 55 100% Number of Responses Response Ratio Yes 35 64% No 20 36% 55 100% Number of Responses Response Ratio Yes 15 27% No 40 73% 55 100% 7. During the remainder of 2005, your industry is expected to be: Too uncertain to predict Total 13. During the remainder of 2005, does your organization expect to purchase capital equipment? Total 16. During the remainder of 2005, does your organization expect to to expand its facility? Total 18. Which one of the following represents the most serious challenge to your business? Number of Responses Response Ratio Access to Capital 2 4% Business Taxes 0 0% Competition Employee Health Care Costs Pricing Pressure 12 22% 14 25% 13 24% Raw Material Costs 8 15% Regulatory Compliance 0 0% Shortage of Skilled Workers 3 5% Other Total 3 5% 55 100% 4 Hospira in the News with First Quarter Results, Acquisition H ospira’s first quarter numbers beat analysts’ expectations as sales totaled $662 million, a 6.6 percent increase over last year. Net income was $77 million, compared to $65 million in the same quarter last year, a better than 18% increase. H ospira also announced that it is acquiring Physiometrix, a Massachusetts-based maker of anesthesia-monitoring devices. This is the first acquisition by Hospira since its spinof from Abbott Laboratories. Hospira will pay $23 million in cash and assume debt of $1 million to complete the acquisition. The sale received unanimous approval from the Physiometrix board of directors, but still must be approved by company shareholders. A third quarter closing is expected. Wisconsin Department of Transportation Provides $400,000 for Commuter Rail EDUCATION REPORT LakeView Graduate to Attend MIT J eremy Richardson, the 2005 LakeView Technology Academy valedictorian, plans to attend MIT to pursue a degree in aeronautical and astronautical engineering this fall. He has been interested in engineering since childhood and placed third in the state in a skills use competition for computer-aided design earlier this year. Jeremy was also presented with one of KABA's 2005 college scholarships in the amount of $2,500 on May 25, 2005 at the LakeView Technology Academy honors breakfast. LTA Principal William Hittman and his staff are credited with successfully improving the Academy's overall test scores since 2002. 2005 KABA College Scholarship Awards K enosha area high school students submitted 32 scholarship applications for review to KABA's Scholarship Committee. Of the 32 applications, 6 students were awarded $2,500 scholarships and 2 students were awarded $1,500 scholarships, totaling $18,000. To date, KABA has awarded 89 scholarships and more than $122,000. A special thanks to KABA’s 2005 Scholarship Committee: Ken Fellman, M & I Bank; Gerald Demske, Southport Bank; Gary Hutchins, Bank of Kenosha; and John Stolfe for their time in selecting this year’s scholarship winners. $2,500 Award Recipients Calvin Bovee - Wilmot Union Stacie Bruss - Indian Trail Academy Joshua Estep - Bradford High School Jacqueline Fliess - Westosha Central Marissa Gallo - Tremper High School Jeremy Richardson - LakeView Technology Academy W isconsin Department of Transportation (WisDOT) Secretary Frank Busalacchi visited Kenosha on June 2nd and presented Kenosha County Executive Allan Kehl with a check for $400,000. This represented 50% of the non-federal share of the costs to complete the Draft Environmental Impact Statement (DEIS) and conduct advanced engineering evaluations of a 33-mile commuter rail line connecting Milwaukee, Racine, and Kenosha. K enosha County agreed to serve as the grant recipient and administrator on behalf of the cities and counties of Kenosha, Racine and Milwaukee. The environmental impact study, a necessary step to move the project forward, should take 12 to 18 months to complete. Kenosha-Racine-Milwaukee Metra Profile 33 mile extension of Chicago Metra Union Pacific North commuter rail line 1.1 million people would be served by the extension 7 roundtrips per weekday between Chicago & Milwaukee (3 per weekend day) $152 million to construct $15 million in annual operating costs For More Information: www.transitnow.org JULY 2005 KUSD Teachers Receive National Award $1,500 Gateway Tech Award Recipients Anthony Figueroa - Tremper High School Anthony Torcaso - Tremper High School Central Makes Best High School List T wo educators in the Kenosha Unified School District were recognized in May by the American Association of University Women for their contributions to encouraging educational excellence and equity in Kenosha County. Donna Townsend, a Bradford High School library media specialist, received the Educational Equity/Diversity Award and Mary Gerlack, a second-grade teacher at Lincoln Elementary School, received the Educational Excellence Award. Parkside included in Biomedical Technology Research Alliance (BTA) U W-Parkside is part of a Southeastern Wisconsin alliance focused on expanding biomedical research capacity and opportunities within the region. Other academic institutions involved in the initiative include the Medical College of Wisconsin, Marquette, UW-Milwaukee, and MSOE. T he Biology Department of the University of Wisconsin-Parkside, long known for its excellence and bioinformatics emphasis, is leading the University in this enterprise. W estosha Central High School was ranked 965th on Newsweek Magazine’s Best High School List, making it one of only 13 Wisconsin schools to make the list. The list was compiled using a ratio of the number of AP or International Baccalaureate tests taken by all 2004 graduating students at a school. KUSD Places in Robotics Competition G ateway Technical College held its second annual Robotics Competition on May 19 at the Center for Advanced Technology and Innovation (CATI) in Sturtevant. Teams from both LakeView Technology Academy (LTA) and Bradford High School competed by designing and building a remote control robot. LTA teams took 3rd place in Sumo, 2nd and 3rd place in Engineering Documentation and 2nd in Presentation. One Bradford team took 3rd place in the Timed Cup competition. LTA took 2nd place in overall school rankings. JULY 2005 9 UW-P Opens SEG Center T he University of Wisconsin Parkside opened their new business solutions center in May The Ralph Jaeschke Solutions for Economic Growth Center. The center aims to provide student projects that will enhance business education as well as stimulate regional economic growth by providing assistance to area businesses. R alph Jaeschke’s wife, Fran, was instrumental in bringing Parkside to southeastern Wisconsin in 1968. IN THE HEADLINES H oward J. Brown, President of Kenosha News’ parent company United Communications Corporation, was awarded the Silver Shovel Award by the International Marketing Association. The association’s highest honor awards a marketing professional with a distinguished record of service to INMA on a regional, national and/or international level and a demonstrated commitment to excellence in the discipline of newspaper marketing. M artin Peterson Co. was honored as one of 17 state businesses that received a Wisconsin Corporate Safety Award in recognition of workplace safety and health excellence. Other Kenosha County finalists were DaimlerChrysler's Kenosha Engine Plant and DK Contractors in Pleasant Prairie. In other news, Martin Peterson Co. announced the addition of several new staff to their company, including Mike Anderson as a Project Manager specializing in piping systems, Dave Ruffalo as a Construction Project Manager specializing on expanding the company’s water and wastewater treatment division, and Laura Osborn as a Project Coordinator. J ohnson Bank in Kenosha announced a few new associates and promotions. Brian Klemstein joined as Vice President of Commercial Banking. Jason Weitzel was appointed as Mortgage Loan Officer responsible for originating mortgage loans for residential properties. Lisa Grove was promoted to Assistant Vice President-Commercial Relationship Manager and Jennifer Knutson was promoted to Branch Manager. ECONOMIC DEVELOPMENT REPORT Snap-on Reports Increased Earnings and Strives for Increased Efficiency ew Snap-on Chief Executive Officer Jack Michaels assured shareholders that the company would strive to become more efficient by eliminating complexity and reducing costs at their annual meeting held in April. Snap-on's first quarter earnings did reflect improvement over past years and this trend is expected to continue during 2005. Snap-on reported net earnings of $17.9 million, compared to $12.7 million in 2004, and a 41% increase in their first quarter profit. Expanded Offerings, Convenience Make Milwaukee Airport One of Nation's 50 Largest rispell-Snyder, Inc. announced a promotion as well as numerous new associates. Paul E. Schafer was promoted to Construction Services Manager for their environmental department. Kevin M. Hickman was named as the firm’s first Business Development and Marketing Manager and will work out of the Lake Geneva headquarters. Anthony Baciak Jr. and Kurt Davidsen have joined the company as Project Engineers for the public works/infrastructure department. David Pittman was named as a project engineer in the transportation department. S cherer, Schneider, & Paulick, an executive coaching firm, appointed Michael P. McDermott as the new Managing Director of their Southeastern Wisconsin office. U nitedHealthcare and Aurora Health Care announced a 15-year agreement that will provide UnitedHealthcare customers with access to Aurora medical centers, the most comprehensive medical network in Wisconsin. Aurora has 13 hospitals, as well as nearly 800 Aurora physicians practicing in 100 clinics throughout eastern Wisconsin. 8 Work continues on Roundy’s new food processing facility on 52nd Street in Kenosha. oundy’s Supermarkets Inc., the Milwaukee-based grocery retailer, reported first quarter net income of $62.9 million, compared with $15.5 million in the same period one year ago. These numbers included a $49 million after-tax gain from the sale of distribution centers in Ohio and Indiana. Retail sales were $777.3 million, up 11% from the first quarter in 2004. Net sales were off 3% at $911.4 million. Roundy’s is a Fortune 500 company with $3.7 billion in annual sales, 20,000 employees, and 132 retail grocery stores throughout Wisconsin, Minnesota, and Illinois. Roundy’s is currently constructing a 116,000 SF food processing and preparation facility in Kenosha. Prime Outlets Plans 150,000 SF Expansion P rime Retail, Inc., the owner of Prime Outlets in Pleasant Prairie, has announced plans to construct an additional 150,000 SF of retail space. The current shopping center has 70 brand-name outlet stores occupying approximately 289,000 SF. According to data from the Kenosha County Convention and Visitors Bureau, 53 million people visited Prime Outlets in 2004. T T ank of Elmwood promoted Ron Stevens to first Vice President after being with the bank for five years. R N he expansion includes the construction of two leaseable retail buildings, as well as a food court with lounge areas, restrooms, and an information center. Construction is expected to begin in July. Initial phases could open in July of 2006, and the entire expansion is slated for completion by December 2006. he Spanish Center of Kenosha named Bernardo “Ben” Ortega as their new Executive Director. He brings with him more than 15 years experience as the Director of La Causa, Wisconsin’s largest bilingual, multicultural child-care agency that serves 9,000 people. B C Roundy’s Reports strong 1st Quarter; Progresses with Kenosha Facility E xpanded services from Northwest and Midwest Airlines, Milwaukee's two largest carriers, are drawing more travelers to General Mitchell International Airport. It also appears that an increasing number of northern Illinois residents are choosing Milwaukee to avoid the hassles associated with O'Hare International Airport in Chicago, according Michael Boyd, an airline industry consultant. T hese factors are contributing to steady passenger growth, which through April of 2005 is up 6% compared to the first four months of last year. This represents 137,623 additional passengers utilizing the airport. The increase in passengers also pushes Milwaukee's airport into a group of the nation's 50 largest. Northwest now offers 38 daily flights to 13 destinations. Midwest offers 142 daily flights to 48 destinations. JULY 2005 Public Policy Forum moving the region forward Kenosha County Leads Region in Tax Base Growth T he rate of tax base growth in Kenosha County in 2004 paced the seven-county Southeast Wisconsin region. Kenosha County led the region with a 10.3% increase in property tax base from 2003 to 2004, while the entire region grew at a rate of 8.9% and the State of Wisconsin grew at 8.4%. T he information, contained in a March 2005 study completed by the Public Policy Forum, also showed that Kenosha’s rate of manufacturing growth was especially impressive and more than double the growth rate of the next closest County in the region (9.1% to 4.3%). Kenosha experienced a 11.4% increase in residential tax base and a 7.7% increase in commercial tax base. T he study also revealed that this seven-county area represents 37% of the State’s total tax base with more than $145 billion of Wisconsin’s $391 billion in property tax base. Kenosha is the 4th largest County in the region with just over $11 billion in tax base, trailing Milwaukee, Waukesha, and Racine Counties. JULY 2005 5 Positive Signal Division of Federal Signal Moves to LakeView T he Environmental Product Group division of Federal Signal Corporation, announced in April that they were relocating their parts distribution operations from Oshkosh to Pleasant Prairie. They have leased 50,000 SF in a 100,000 SF industrial facility located at the northwest corner of 88th Avenue and Highway 165 in LakeView Corporate Park. Functions carried out at this site will include receiving, inspection, stocking, shipping, and customer service. This facility supplies parts worldwide to Federal Signal's dealer network supporting the Leach brand of Refuse Trucks. Initial operations require 10 total employees, but could grow to 25. A ccording to Dean Devore Vice President and General Manager of Parts for Federal Signal: "We selected this area based on the results of a comprehensive study of our distribution patterns. Major factors included transit time to our customers, real estate costs, labor availability and costs, and access to major transportation hubs. In our industry we predict that physical distribution will be a competitive lever. In Pleasant Prairie we will establish a world class parts distribution center that will eventually service additional Federal Signal vehicles." IN THE HEADLINES ECONOMIC DEVELOPMENT REPORT Available Land & Buildings WISPARK’s Available Space in LakeView Corporate Park • 50,000 to 300,000 SF rates are $3.95/SF to $4.24/SF Contact WISPARK at (262) 857-4661 for more information on space and land available. WISPARK’s Available Land in LakeView Corporate Park • 2 to 88 acres sites ranging from $3.00/SF to $3.50/SF or $130,680 to $152,460/acre WISPARK’s Available Space in Business Park of Kenosha • 1.5 - 30 acre sites available from $55,000 to $65,000/acre. For park and financing information contact KABA at (262) 605-1100 or WISPARK at (262) 857-4661. Business Center of Kenosha, 8910 58th Place • Up to 23,000 SF, divisible in 4-5,000 SF units. Private loading dock. 18’ clear ceiling height. For more information, contact Mark Riley of Riley Management, LLC at (262) 857-8500. Commerce Center of Kenosha, 5732 95th Avenue • Up to 15,600 SF, divisible by 2,700 SF units. Loading dock available. 16’ clear ceiling height. For more information, contact Mark Riley of Riley Management, LLC at (262) 857-8500. Shanron Office Center, 5017 Green Bay Road • Up to 2,000 SF, divisible by 1,000 SF units. Private entrance, easy access. For more information, contact Mark Riley of Riley Management, LLC at (262) 857-8500. Lakeview Office Building, 10411 Corporate Drive, Pleasant Prairie, WI • 2,000 SF class A office space. Beautiful setting near DesPlaines River Nature Conservatory. Directly off of I-94. For more information, contact Mark Riley of Riley Management, LLC at (262) 857-8500. Power Brace property, 7640 60th Avenue • 12.59 acres and +106,000 SF of buildings. • M-2 (Heavy Manufacturing) zoning. • Could be rezoned for retail in light of the surrounding growth. Contact S.R. Mills of Bear Realty of Kenosha at (262) 842-0452 for further details. Cranberry Business Park, 77th Street and 57th Avenue, Kenosha, WI • 2,000 to 12,000 SF of industrial spaces for lease or sale. Units have ceiling heights of 25 feet with many options for overhead doors and/or semi loading docks. Contact S.R. Mills of Bear Realty of Kenosha at (262) 842-0452 for further details. Southport Financial building, 6905 Green Bay Road • 1,096 to 14,263 SF of office space. Contact S.R. Mills of Bear Realty of Kenosha at (262) 842-0452 for further details. Area Construction Lee Plumbing Mechanical Contractors, Inc. have been awarded the following projects: • Site utilities at Spec X in WisPark • Site utilities and interior plumbing for Iris expansion in WisPark • ABC Supply renovation Kaelber Company is currently involved in the following projects: • Plumbing & Utility piping for Ocean Spray’s expansion in Wisconsin Rapids • Plumbing, HVAC, & Fire Protection for the new Wispark Spec Building • Fire Protection for the Iris USA expansion in Pleasant Prairie 6 Partners in Design Architects is currently working on or have recently completed the following: • 7,000 SF Gateway Technical College Student Commons and Food Court • 2,600 SF branch of Bank of Kenosha located on I-94 in the Windsor Pointe multi-tenant building • 34,000 SF addition to Kenosha Beef’s Kenosha production plant and a 40,000 SF addition and remodel to their Norcross, Georgia facility Rasch Construction & Engineering is currently working on or have been awarded the following projects: • Masonry for building 18 at HarborPark • Remodeling of the Kenosha Metra Station • Design/building of an addition on the Kenosha Animal Hospital • Hurricane Harbor and Watering Hole projects at Six Flags Great America Riley Construction is currently involved in the following projects: • Recently awarded a 300,000 SF speculative distribution/manufacturing building located in LakeView Corporate Park • The 78,500 SF PepsiAmericas distribution center in LakeView Corporate Park scheduled for completion in late spring • The 26,000 SF Kenosha Beef International, LTD is scheduled for completion this summer • Currently renovating an existing medical office suite into a 1,800 SF Sleep Lab for Kenosha Hospital and Medical Center Southport Bank Reports Solid Growth S outhport Bank held an upbeat annual meeting in May. Compared to 19 other banks started in Wisconsin in the last decade, Southport is the second largest and most profitable according to information presented at the meeting by CEO Karl Ostby. Started eight years ago, Southport Bank has grown quickly and now has $315 million in assets, $241 million in loans, and $233 million in deposits. Annual earnings were up 3% to $3.4 million in 2004. H ighlights from 2004 included the acquisition of Waukesha-based ComCor Mortgage, a new branch office in Racine, and a new financial services building on Green Bay Road. Southport Bank currently has five branch offices, a mortgage company, and 112 employees – up from 77 a year ago. Kenosha Healthcare Initiative Screenings a Success M H ore than 200 people received low-cost health screenings during the three-day wellness fair in April sponsored by the Kenosha Community Healthcare Initiative. ealth Care Initiative organizers provided low-cost health wellness checks and no-cost medical advice to local residents as part of their efforts to improve health and lower medical spending in Kenosha County. The low cost of $55 was intended to give inexpensive access to preventative care, especially for employees of small businesses that cannot afford to provide wellness programs, and to people with high deductibles or no health insurance. An equivalent series of laboratory tests done by a local health care provider would range from $300 to $500. Five participating local businesses/corporations registered 85 of their employees for screenings, while the balance came in individually. Organizers aim to double participation next year. Kenosha County Tourism Numbers on the Rise A ccording to the Kenosha Area Convention and Visitor's Bureau and the Wisconsin Department of Tourism, tourism spending in 2004 in Kenosha County increased by $2.8 million from 2003, providing for a total of $205.2 million spent by visitors in Kenosha County. Mary Galligan, President of the Kenosha Area Convention and Visitors Bureau attributes much of the increased spending to new events in the area including the Danskin Triathlon in Pleasant Prairie and the U.S. Cellular Kenosha Days of Discovery tall ships festival, although Prime Outlets is still the number one attraction for visitors to the Kenosha area. Bank of Kenosha Hosts Annual Meeting; Reports Positive Results Ruffalo Painting Company is currently working on the following: • Pepsiamericas Warehouse • WE Energies - Maintenance Building along with Platt Construction • Holy Rosary School Interior We Energies completed an upgrade of the Albers Substation, which will improve the service reliability to Southeastern Kenosha County. JULY 2005 T he Bank of Kenosha doubled annual revenues in 2004 and is opening two new branches in 2005 according to information presented by CEO Gary Hutchins at the bank’s annual meeting in May. The bank also reported total assets of $155 million at year end 2004. The bank began in June of 2000 with $7 million in total assets. T wo new branches will be added in 2005 – one at the northeast corner of I-94 and Highway 50 in the Woodman’s shopping center, and the other at 8056 39th Avenue in the former Wisconsin Department of Motor Vehicles building. The bank has also had significant employment growth and now employs 52 people. JULY 2005 7 Dodge Charger Powered by Kenosha Engines B y all accounts, the Chrysler 300 was a major success for DaimlerChrysler. Selected as Motor Trend Magazine’s Car of the Year for 2005, the 300 was a hit with customers and helped revive Chrysler’s image and sales. I f early signs are any indication, the Charger may have a similar impact on DaimlerChrysler’s Dodge unit. Early demand for the Charger, which hit dealer lots in late May, appears to be greater than the 300 when it was first offered. T he good news for Kenosha is that both vehicles rely heavily on the 3.5 liter, V-6 engine that is produced at the Kenosha Engine Plant. While premium models of the vehicles are sold with the Hemi engine, basic versions will rely on the Kenosha built 3.5 liter. Chrysler invested more than $600 million to expand the Kenosha plant for the 3.5 line in 2001. During two shifts of production, that line turns out 920 engines per day. KABA Participates in Chicago Marketing Mission I n May, KABA joined economic development professionals from across the state to call on Chicago-land companies to encourage them to consider Wisconsin as they plan for future growth. This effort has been an annual event for over two decades and led to more than 60 face-to-face appointments with interested CEOs. S ince 1987, Forward Wisconsin has worked with roughly 80 Illinois firms that have expanded or relocated into Wisconsin. IN THE HEADLINES ECONOMIC DEVELOPMENT REPORT Available Land & Buildings WISPARK’s Available Space in LakeView Corporate Park • 50,000 to 300,000 SF rates are $3.95/SF to $4.24/SF Contact WISPARK at (262) 857-4661 for more information on space and land available. WISPARK’s Available Land in LakeView Corporate Park • 2 to 88 acres sites ranging from $3.00/SF to $3.50/SF or $130,680 to $152,460/acre WISPARK’s Available Space in Business Park of Kenosha • 1.5 - 30 acre sites available from $55,000 to $65,000/acre. For park and financing information contact KABA at (262) 605-1100 or WISPARK at (262) 857-4661. Business Center of Kenosha, 8910 58th Place • Up to 23,000 SF, divisible in 4-5,000 SF units. Private loading dock. 18’ clear ceiling height. For more information, contact Mark Riley of Riley Management, LLC at (262) 857-8500. Commerce Center of Kenosha, 5732 95th Avenue • Up to 15,600 SF, divisible by 2,700 SF units. Loading dock available. 16’ clear ceiling height. For more information, contact Mark Riley of Riley Management, LLC at (262) 857-8500. Shanron Office Center, 5017 Green Bay Road • Up to 2,000 SF, divisible by 1,000 SF units. Private entrance, easy access. For more information, contact Mark Riley of Riley Management, LLC at (262) 857-8500. Lakeview Office Building, 10411 Corporate Drive, Pleasant Prairie, WI • 2,000 SF class A office space. Beautiful setting near DesPlaines River Nature Conservatory. Directly off of I-94. For more information, contact Mark Riley of Riley Management, LLC at (262) 857-8500. Power Brace property, 7640 60th Avenue • 12.59 acres and +106,000 SF of buildings. • M-2 (Heavy Manufacturing) zoning. • Could be rezoned for retail in light of the surrounding growth. Contact S.R. Mills of Bear Realty of Kenosha at (262) 842-0452 for further details. Cranberry Business Park, 77th Street and 57th Avenue, Kenosha, WI • 2,000 to 12,000 SF of industrial spaces for lease or sale. Units have ceiling heights of 25 feet with many options for overhead doors and/or semi loading docks. Contact S.R. Mills of Bear Realty of Kenosha at (262) 842-0452 for further details. Southport Financial building, 6905 Green Bay Road • 1,096 to 14,263 SF of office space. Contact S.R. Mills of Bear Realty of Kenosha at (262) 842-0452 for further details. Area Construction Lee Plumbing Mechanical Contractors, Inc. have been awarded the following projects: • Site utilities at Spec X in WisPark • Site utilities and interior plumbing for Iris expansion in WisPark • ABC Supply renovation Kaelber Company is currently involved in the following projects: • Plumbing & Utility piping for Ocean Spray’s expansion in Wisconsin Rapids • Plumbing, HVAC, & Fire Protection for the new Wispark Spec Building • Fire Protection for the Iris USA expansion in Pleasant Prairie 6 Partners in Design Architects is currently working on or have recently completed the following: • 7,000 SF Gateway Technical College Student Commons and Food Court • 2,600 SF branch of Bank of Kenosha located on I-94 in the Windsor Pointe multi-tenant building • 34,000 SF addition to Kenosha Beef’s Kenosha production plant and a 40,000 SF addition and remodel to their Norcross, Georgia facility Rasch Construction & Engineering is currently working on or have been awarded the following projects: • Masonry for building 18 at HarborPark • Remodeling of the Kenosha Metra Station • Design/building of an addition on the Kenosha Animal Hospital • Hurricane Harbor and Watering Hole projects at Six Flags Great America Riley Construction is currently involved in the following projects: • Recently awarded a 300,000 SF speculative distribution/manufacturing building located in LakeView Corporate Park • The 78,500 SF PepsiAmericas distribution center in LakeView Corporate Park scheduled for completion in late spring • The 26,000 SF Kenosha Beef International, LTD is scheduled for completion this summer • Currently renovating an existing medical office suite into a 1,800 SF Sleep Lab for Kenosha Hospital and Medical Center Southport Bank Reports Solid Growth S outhport Bank held an upbeat annual meeting in May. Compared to 19 other banks started in Wisconsin in the last decade, Southport is the second largest and most profitable according to information presented at the meeting by CEO Karl Ostby. Started eight years ago, Southport Bank has grown quickly and now has $315 million in assets, $241 million in loans, and $233 million in deposits. Annual earnings were up 3% to $3.4 million in 2004. H ighlights from 2004 included the acquisition of Waukesha-based ComCor Mortgage, a new branch office in Racine, and a new financial services building on Green Bay Road. Southport Bank currently has five branch offices, a mortgage company, and 112 employees – up from 77 a year ago. Kenosha Healthcare Initiative Screenings a Success M H ore than 200 people received low-cost health screenings during the three-day wellness fair in April sponsored by the Kenosha Community Healthcare Initiative. ealth Care Initiative organizers provided low-cost health wellness checks and no-cost medical advice to local residents as part of their efforts to improve health and lower medical spending in Kenosha County. The low cost of $55 was intended to give inexpensive access to preventative care, especially for employees of small businesses that cannot afford to provide wellness programs, and to people with high deductibles or no health insurance. An equivalent series of laboratory tests done by a local health care provider would range from $300 to $500. Five participating local businesses/corporations registered 85 of their employees for screenings, while the balance came in individually. Organizers aim to double participation next year. Kenosha County Tourism Numbers on the Rise A ccording to the Kenosha Area Convention and Visitor's Bureau and the Wisconsin Department of Tourism, tourism spending in 2004 in Kenosha County increased by $2.8 million from 2003, providing for a total of $205.2 million spent by visitors in Kenosha County. Mary Galligan, President of the Kenosha Area Convention and Visitors Bureau attributes much of the increased spending to new events in the area including the Danskin Triathlon in Pleasant Prairie and the U.S. Cellular Kenosha Days of Discovery tall ships festival, although Prime Outlets is still the number one attraction for visitors to the Kenosha area. Bank of Kenosha Hosts Annual Meeting; Reports Positive Results Ruffalo Painting Company is currently working on the following: • Pepsiamericas Warehouse • WE Energies - Maintenance Building along with Platt Construction • Holy Rosary School Interior We Energies completed an upgrade of the Albers Substation, which will improve the service reliability to Southeastern Kenosha County. JULY 2005 T he Bank of Kenosha doubled annual revenues in 2004 and is opening two new branches in 2005 according to information presented by CEO Gary Hutchins at the bank’s annual meeting in May. The bank also reported total assets of $155 million at year end 2004. The bank began in June of 2000 with $7 million in total assets. T wo new branches will be added in 2005 – one at the northeast corner of I-94 and Highway 50 in the Woodman’s shopping center, and the other at 8056 39th Avenue in the former Wisconsin Department of Motor Vehicles building. The bank has also had significant employment growth and now employs 52 people. JULY 2005 7 Dodge Charger Powered by Kenosha Engines B y all accounts, the Chrysler 300 was a major success for DaimlerChrysler. Selected as Motor Trend Magazine’s Car of the Year for 2005, the 300 was a hit with customers and helped revive Chrysler’s image and sales. I f early signs are any indication, the Charger may have a similar impact on DaimlerChrysler’s Dodge unit. Early demand for the Charger, which hit dealer lots in late May, appears to be greater than the 300 when it was first offered. T he good news for Kenosha is that both vehicles rely heavily on the 3.5 liter, V-6 engine that is produced at the Kenosha Engine Plant. While premium models of the vehicles are sold with the Hemi engine, basic versions will rely on the Kenosha built 3.5 liter. Chrysler invested more than $600 million to expand the Kenosha plant for the 3.5 line in 2001. During two shifts of production, that line turns out 920 engines per day. KABA Participates in Chicago Marketing Mission I n May, KABA joined economic development professionals from across the state to call on Chicago-land companies to encourage them to consider Wisconsin as they plan for future growth. This effort has been an annual event for over two decades and led to more than 60 face-to-face appointments with interested CEOs. S ince 1987, Forward Wisconsin has worked with roughly 80 Illinois firms that have expanded or relocated into Wisconsin. IN THE HEADLINES H oward J. Brown, President of Kenosha News’ parent company United Communications Corporation, was awarded the Silver Shovel Award by the International Marketing Association. The association’s highest honor awards a marketing professional with a distinguished record of service to INMA on a regional, national and/or international level and a demonstrated commitment to excellence in the discipline of newspaper marketing. M artin Peterson Co. was honored as one of 17 state businesses that received a Wisconsin Corporate Safety Award in recognition of workplace safety and health excellence. Other Kenosha County finalists were DaimlerChrysler's Kenosha Engine Plant and DK Contractors in Pleasant Prairie. In other news, Martin Peterson Co. announced the addition of several new staff to their company, including Mike Anderson as a Project Manager specializing in piping systems, Dave Ruffalo as a Construction Project Manager specializing on expanding the company’s water and wastewater treatment division, and Laura Osborn as a Project Coordinator. J ohnson Bank in Kenosha announced a few new associates and promotions. Brian Klemstein joined as Vice President of Commercial Banking. Jason Weitzel was appointed as Mortgage Loan Officer responsible for originating mortgage loans for residential properties. Lisa Grove was promoted to Assistant Vice President-Commercial Relationship Manager and Jennifer Knutson was promoted to Branch Manager. ECONOMIC DEVELOPMENT REPORT Snap-on Reports Increased Earnings and Strives for Increased Efficiency ew Snap-on Chief Executive Officer Jack Michaels assured shareholders that the company would strive to become more efficient by eliminating complexity and reducing costs at their annual meeting held in April. Snap-on's first quarter earnings did reflect improvement over past years and this trend is expected to continue during 2005. Snap-on reported net earnings of $17.9 million, compared to $12.7 million in 2004, and a 41% increase in their first quarter profit. Expanded Offerings, Convenience Make Milwaukee Airport One of Nation's 50 Largest rispell-Snyder, Inc. announced a promotion as well as numerous new associates. Paul E. Schafer was promoted to Construction Services Manager for their environmental department. Kevin M. Hickman was named as the firm’s first Business Development and Marketing Manager and will work out of the Lake Geneva headquarters. Anthony Baciak Jr. and Kurt Davidsen have joined the company as Project Engineers for the public works/infrastructure department. David Pittman was named as a project engineer in the transportation department. S cherer, Schneider, & Paulick, an executive coaching firm, appointed Michael P. McDermott as the new Managing Director of their Southeastern Wisconsin office. U nitedHealthcare and Aurora Health Care announced a 15-year agreement that will provide UnitedHealthcare customers with access to Aurora medical centers, the most comprehensive medical network in Wisconsin. Aurora has 13 hospitals, as well as nearly 800 Aurora physicians practicing in 100 clinics throughout eastern Wisconsin. 8 Work continues on Roundy’s new food processing facility on 52nd Street in Kenosha. oundy’s Supermarkets Inc., the Milwaukee-based grocery retailer, reported first quarter net income of $62.9 million, compared with $15.5 million in the same period one year ago. These numbers included a $49 million after-tax gain from the sale of distribution centers in Ohio and Indiana. Retail sales were $777.3 million, up 11% from the first quarter in 2004. Net sales were off 3% at $911.4 million. Roundy’s is a Fortune 500 company with $3.7 billion in annual sales, 20,000 employees, and 132 retail grocery stores throughout Wisconsin, Minnesota, and Illinois. Roundy’s is currently constructing a 116,000 SF food processing and preparation facility in Kenosha. Prime Outlets Plans 150,000 SF Expansion P rime Retail, Inc., the owner of Prime Outlets in Pleasant Prairie, has announced plans to construct an additional 150,000 SF of retail space. The current shopping center has 70 brand-name outlet stores occupying approximately 289,000 SF. According to data from the Kenosha County Convention and Visitors Bureau, 53 million people visited Prime Outlets in 2004. T T ank of Elmwood promoted Ron Stevens to first Vice President after being with the bank for five years. R N he expansion includes the construction of two leaseable retail buildings, as well as a food court with lounge areas, restrooms, and an information center. Construction is expected to begin in July. Initial phases could open in July of 2006, and the entire expansion is slated for completion by December 2006. he Spanish Center of Kenosha named Bernardo “Ben” Ortega as their new Executive Director. He brings with him more than 15 years experience as the Director of La Causa, Wisconsin’s largest bilingual, multicultural child-care agency that serves 9,000 people. B C Roundy’s Reports strong 1st Quarter; Progresses with Kenosha Facility E xpanded services from Northwest and Midwest Airlines, Milwaukee's two largest carriers, are drawing more travelers to General Mitchell International Airport. It also appears that an increasing number of northern Illinois residents are choosing Milwaukee to avoid the hassles associated with O'Hare International Airport in Chicago, according Michael Boyd, an airline industry consultant. T hese factors are contributing to steady passenger growth, which through April of 2005 is up 6% compared to the first four months of last year. This represents 137,623 additional passengers utilizing the airport. The increase in passengers also pushes Milwaukee's airport into a group of the nation's 50 largest. Northwest now offers 38 daily flights to 13 destinations. Midwest offers 142 daily flights to 48 destinations. JULY 2005 Public Policy Forum moving the region forward Kenosha County Leads Region in Tax Base Growth T he rate of tax base growth in Kenosha County in 2004 paced the seven-county Southeast Wisconsin region. Kenosha County led the region with a 10.3% increase in property tax base from 2003 to 2004, while the entire region grew at a rate of 8.9% and the State of Wisconsin grew at 8.4%. T he information, contained in a March 2005 study completed by the Public Policy Forum, also showed that Kenosha’s rate of manufacturing growth was especially impressive and more than double the growth rate of the next closest County in the region (9.1% to 4.3%). Kenosha experienced a 11.4% increase in residential tax base and a 7.7% increase in commercial tax base. T he study also revealed that this seven-county area represents 37% of the State’s total tax base with more than $145 billion of Wisconsin’s $391 billion in property tax base. Kenosha is the 4th largest County in the region with just over $11 billion in tax base, trailing Milwaukee, Waukesha, and Racine Counties. JULY 2005 5 Positive Signal Division of Federal Signal Moves to LakeView T he Environmental Product Group division of Federal Signal Corporation, announced in April that they were relocating their parts distribution operations from Oshkosh to Pleasant Prairie. They have leased 50,000 SF in a 100,000 SF industrial facility located at the northwest corner of 88th Avenue and Highway 165 in LakeView Corporate Park. Functions carried out at this site will include receiving, inspection, stocking, shipping, and customer service. This facility supplies parts worldwide to Federal Signal's dealer network supporting the Leach brand of Refuse Trucks. Initial operations require 10 total employees, but could grow to 25. A ccording to Dean Devore Vice President and General Manager of Parts for Federal Signal: "We selected this area based on the results of a comprehensive study of our distribution patterns. Major factors included transit time to our customers, real estate costs, labor availability and costs, and access to major transportation hubs. In our industry we predict that physical distribution will be a competitive lever. In Pleasant Prairie we will establish a world class parts distribution center that will eventually service additional Federal Signal vehicles." ECONOMIC DEVELOPMENT REPORT Area Executives Upbeat About Economy K ABA recently completed its annual executive economic outlook survey. Executives from 55 area firms responded to the survey. Forty percent of respondents were manufacturing executives. Fifty six percent of survey respondents employ more than 50 people and 55% represented companies with at least $10 million in annual sales. The survey captured valuable, and mostly positive, information from area executives about the state of their business, industry conditions, and plans for growth. A sample of survey questions and responses are included below. Please contact us for a complete copy of the survey results. Number of Responses Response Ratio Stronger than now 23 42% Comparable to now 22 40% Weaker than now 4 7% 6 11% 55 100% Number of Responses Response Ratio Yes 35 64% No 20 36% 55 100% Number of Responses Response Ratio Yes 15 27% No 40 73% 55 100% 7. During the remainder of 2005, your industry is expected to be: Too uncertain to predict Total 13. During the remainder of 2005, does your organization expect to purchase capital equipment? Total 16. During the remainder of 2005, does your organization expect to to expand its facility? Total 18. Which one of the following represents the most serious challenge to your business? Number of Responses Response Ratio Access to Capital 2 4% Business Taxes 0 0% Competition Employee Health Care Costs Pricing Pressure 12 22% 14 25% 13 24% Raw Material Costs 8 15% Regulatory Compliance 0 0% Shortage of Skilled Workers 3 5% Other Total 3 5% 55 100% 4 Hospira in the News with First Quarter Results, Acquisition H ospira’s first quarter numbers beat analysts’ expectations as sales totaled $662 million, a 6.6 percent increase over last year. Net income was $77 million, compared to $65 million in the same quarter last year, a better than 18% increase. H ospira also announced that it is acquiring Physiometrix, a Massachusetts-based maker of anesthesia-monitoring devices. This is the first acquisition by Hospira since its spinof from Abbott Laboratories. Hospira will pay $23 million in cash and assume debt of $1 million to complete the acquisition. The sale received unanimous approval from the Physiometrix board of directors, but still must be approved by company shareholders. A third quarter closing is expected. Wisconsin Department of Transportation Provides $400,000 for Commuter Rail EDUCATION REPORT LakeView Graduate to Attend MIT J eremy Richardson, the 2005 LakeView Technology Academy valedictorian, plans to attend MIT to pursue a degree in aeronautical and astronautical engineering this fall. He has been interested in engineering since childhood and placed third in the state in a skills use competition for computer-aided design earlier this year. Jeremy was also presented with one of KABA's 2005 college scholarships in the amount of $2,500 on May 25, 2005 at the LakeView Technology Academy honors breakfast. LTA Principal William Hittman and his staff are credited with successfully improving the Academy's overall test scores since 2002. 2005 KABA College Scholarship Awards K enosha area high school students submitted 32 scholarship applications for review to KABA's Scholarship Committee. Of the 32 applications, 6 students were awarded $2,500 scholarships and 2 students were awarded $1,500 scholarships, totaling $18,000. To date, KABA has awarded 89 scholarships and more than $122,000. A special thanks to KABA’s 2005 Scholarship Committee: Ken Fellman, M & I Bank; Gerald Demske, Southport Bank; Gary Hutchins, Bank of Kenosha; and John Stolfe for their time in selecting this year’s scholarship winners. $2,500 Award Recipients Calvin Bovee - Wilmot Union Stacie Bruss - Indian Trail Academy Joshua Estep - Bradford High School Jacqueline Fliess - Westosha Central Marissa Gallo - Tremper High School Jeremy Richardson - LakeView Technology Academy W isconsin Department of Transportation (WisDOT) Secretary Frank Busalacchi visited Kenosha on June 2nd and presented Kenosha County Executive Allan Kehl with a check for $400,000. This represented 50% of the non-federal share of the costs to complete the Draft Environmental Impact Statement (DEIS) and conduct advanced engineering evaluations of a 33-mile commuter rail line connecting Milwaukee, Racine, and Kenosha. K enosha County agreed to serve as the grant recipient and administrator on behalf of the cities and counties of Kenosha, Racine and Milwaukee. The environmental impact study, a necessary step to move the project forward, should take 12 to 18 months to complete. Kenosha-Racine-Milwaukee Metra Profile 33 mile extension of Chicago Metra Union Pacific North commuter rail line 1.1 million people would be served by the extension 7 roundtrips per weekday between Chicago & Milwaukee (3 per weekend day) $152 million to construct $15 million in annual operating costs For More Information: www.transitnow.org JULY 2005 KUSD Teachers Receive National Award $1,500 Gateway Tech Award Recipients Anthony Figueroa - Tremper High School Anthony Torcaso - Tremper High School Central Makes Best High School List T wo educators in the Kenosha Unified School District were recognized in May by the American Association of University Women for their contributions to encouraging educational excellence and equity in Kenosha County. Donna Townsend, a Bradford High School library media specialist, received the Educational Equity/Diversity Award and Mary Gerlack, a second-grade teacher at Lincoln Elementary School, received the Educational Excellence Award. Parkside included in Biomedical Technology Research Alliance (BTA) U W-Parkside is part of a Southeastern Wisconsin alliance focused on expanding biomedical research capacity and opportunities within the region. Other academic institutions involved in the initiative include the Medical College of Wisconsin, Marquette, UW-Milwaukee, and MSOE. T he Biology Department of the University of Wisconsin-Parkside, long known for its excellence and bioinformatics emphasis, is leading the University in this enterprise. W estosha Central High School was ranked 965th on Newsweek Magazine’s Best High School List, making it one of only 13 Wisconsin schools to make the list. The list was compiled using a ratio of the number of AP or International Baccalaureate tests taken by all 2004 graduating students at a school. KUSD Places in Robotics Competition G ateway Technical College held its second annual Robotics Competition on May 19 at the Center for Advanced Technology and Innovation (CATI) in Sturtevant. Teams from both LakeView Technology Academy (LTA) and Bradford High School competed by designing and building a remote control robot. LTA teams took 3rd place in Sumo, 2nd and 3rd place in Engineering Documentation and 2nd in Presentation. One Bradford team took 3rd place in the Timed Cup competition. LTA took 2nd place in overall school rankings. JULY 2005 9 UW-P Opens SEG Center T he University of Wisconsin Parkside opened their new business solutions center in May The Ralph Jaeschke Solutions for Economic Growth Center. The center aims to provide student projects that will enhance business education as well as stimulate regional economic growth by providing assistance to area businesses. R alph Jaeschke’s wife, Fran, was instrumental in bringing Parkside to southeastern Wisconsin in 1968. EDUCATION REPORT BOARD MEMBER PROFILES Student’s Share Mentor Program’s Strong Impact LakeView Technology Partners with Project Lead the Way O T f the 171 students participating in KABA’s Mentor Program, 64 percent responded to the program evaluation survey, of which all indicated their mentors have helped them in various areas. The majority (69%) stated their self-confidence has increased, while 65 percent stated their mentors have helped them improve on the school work, 61 percent stated they feel better about school, and 50 percent designated they get along better with their classmates. Kids strongly agreed that the time dedicated to them was valuable and just having a friend to talk to was the most valuable aspect of KABA’s mentor program. A side from quantitative data, it is evident that students valued their mentors with nearly every student taking time to praise them. Their responses ranged from simply stating how nice their mentors were to thanking their mentors for helping them with their problems to making them feel good about themselves to inspiring them to do their best. What kids had to say about their mentors... “She is the best mentor and she makes me feel good about myself...” “He is a very unique and a transcendent man who chose to help me in every way he could.” “That she's the best mentor ever and she's a great friend and she has been a big help in my life.” “It was great to talk about science and inventions and smart stuff with an adult.” “He helped me realize my strengths.” “He is like having a dad...” Interested In Becoming A Mentor? S ince 1997, KABA has strived to make a difference in education through its mentor program. This program currently has 170 mentors working with 3rd-5th grade students in Kenosha, Bristol, Salem and Trevor school districts. The commitment is only 30-45 minutes per week of the mentor's time and takes place at their school. The program provides each student with a positive role model to talk to and have fun with and provides the mentor with the satisfaction of contributing to something positive in a child's life. Becoming a mentor is a win-win situation for all! We are currently recruiting new mentors for the 2005-’06 school year. If you are interested in learning more about KABA's Mentor Program through additional literature or a presentation at your organization, please contact Diana Ide at (262) 605-1100. 10 o address the critical shortage of engineers and engineering technologists, LakeView Technology Academy formed a partnership with Project Lead The Way ® (PLTW). LakeView is the third registered PLTW training center in Wisconsin. P roject Lead The Way is a not-for-profit organization that promotes pre-engineering courses for middle school and high school students. First introduced 8 years ago in 12 New York State high schools, PLTW now offers programs at 600 schools in 35 states. C ourses include: Introduction to Engineering Design, Digital Electronics, Principles of Engineering, Computer Integrated Manufacturing, Civil Engineering and Architecture, and Engineering Design and Development. Bradford and Tremper High Schools will be teaching two courses starting in the fall as well. Cathryn Bothe President Bothe Associates Inc. C athryn joined Bothe Associates Inc. in 1992 and became President in 2001. Her community activities include: President of the Friends of the Library, Chair of the Kenosha Unified Shared Decision Core Committee, Chair of the City of Kenosha Police and Fire Commission, County Civil Service Commission and Chair of the Republican Party of Kenosha County. She has represented KABA as co-chair of the successful KUSD referendum that built Bain and Mahone Middle Schools and has served on the site council at Lakeview Technology Academy since its inception. Her involvement with KABA represents the strong belief of three generations of the Bothe family that small employers need to continue to be a vital part of KABA and the development of Kenosha County. Jerold P. Franke President WISPARK LLC J erry joined WISPARK as Director of Business Development in 1988 and served as Vice President and Senior Vice President prior to being named President. Mr. Franke is a member of the National Association of Industrial and Office Properties (NAIOP) and chairs its Urban Redevelopment Forum. He is a member of several local and state real estate and economic development organizations. P revious experience includes Vice President for economic development for Forward Wisconsin, Inc., the state's economic development marketing organization; City Manager and Director of community development for the city of Janesville, WI; and urban planning positions in Des Moines and Waterloo, Iowa. He serves on the boards of directors of WISPARK LLC, Johnson Bank, and several other organizations. Cletus (Clete) Willems Vice President & General Counsel JHT Holdings, Inc. S ome of the benefits students in the PLTW program will receive include: training in current technology using the latest computer software and equipment in use in industry, participating in a hands-on, activity oriented program that utilizes team efforts, and taking courses that will apply and reinforce their study of math and science. Wilmot High School Wins 9th Annual Kenosha Academic Skills Challenge O n April 11th, the Wilmot High School team won first place in the 9th annual Kenosha Academic Skills Challenge over Bradford High School by a narrow margin of 655 to 600. This year’s event consisted of twelve teams from eight local high schools and 100 students with ten coaches and teachers and 25 staff from Carthage, Gateway, and UW-Parkside volunteering. The skills challenge was originally started by KABA's Education Committee. KABA continues to sponsor this annual event, along with Carthage, Gateway, and UW-Parkside. JULY 2005 C lete was born and raised in Kenosha, Wisconsin. He graduated from the University of Notre Dame with a Bachelor of Arts degree, and received a Doctor of Laws degree from the University of Wisconsin in 1970. F ollowing graduation, Clete served as a Captain in the JAG Corps of the United States Air Force, performing duties as a trial attorney, government contract specialist, and General Counsel of a Tactical Air Command training base. He was awarded the Air Force Commendation Medal for meritorious service. A C fter nearly 23 years of private practice with business law firms in Columbus, Ohio and Kenosha, Wisconsin, Clete joined JHT Holdings, Inc. as Vice President and General Counsel in 2002, the position he holds today. lete has been strongly committed to the development of economic opportunity in the Kenosha area, having founded both the Kenosha Area Development Corporation, and the AMC/Chrysler Task Force. The Task Force addressed the reforms required to transition the local economy after the cessation of 75 years of automobile manufacturing. In addition to his role as a KABA director, Clete has served on the boards of many private corporations and public institutions including the State of Wisconsin Innovation Network, the Kenosha Area Chamber of Commerce, the Kenosha Civil Service Commission, St. Joseph High School, Armitage Academy, and the Kenosha County Redevelopment Authority. Business to Business Marketing Opportunity “NSR Business Solutions is very pleased with the results we received by marketing through the Kenosha Area Business Alliance newsletter. The inserts we placed directly resulted in new clients and many exciting prospects.” Craig Anderson – President, NSR Business Solutions D irections, KABA’s quarterly newsletter, provides an easy and cost effective method for marketing your firm’s products or services to decision makers from other area companies. Approximately 900 copies are mailed each quarter to key personnel of member companies. Any member of KABA can pay $250 to place an insert in the newsletter to promote their products or services directly to other KABA members. JULY 2005 3 FROM THE PRESIDENT Kenosha Area Development Activity Picking Up Welcome to KABA’s newest members in 2005: Hospira, Inc The Club at Strawberry Creek E ach quarter, we use Directions to provide you with an overview of area development activity and share news about our members and the Greater Kenosha Area. As we put together this July 2005 edition, a number of items lead us to conclude that the local economy continues to perform well - - and appears to be gaining momentum. Among these items are: • Construction of a 300,000 SF spec building in LakeView Corporate Park by WISPARK and CenterPoint (page 1). • Optimistic responses from area business executives that participated in KABA’s annual economic outlook survey (page 4). • News of a 150,000 SF retail expansion from Prime Outlets (page 5). • The location of EPG, a division of Federal Signal, in a 65,000 SF space in LakeView Corporate Park (page 4). • Another positive report from the Kenosha County Convention & Visitors Bureau on tourism spending and impact (page 7). • Numerous positive reports on financial results from area businesses (pages 4, 5, 7, and 8). • Receipt of a $400,000 grant from the Wisconsin Department of Transportation to complete environmental impact studies for the commuter rail line extension (page 4). T hese are all positive signals that Kenosha County’s economy is moving in the right direction. In addition to the positive economic news, we are also pleased to report that our initiative to work more closely with the Kenosha Area Chamber of Commerce is going well. We co-hosted a legislative breakfast with Senate Majority Leader Dale Schultz in May and have planned an August golf outing to raise funds for college scholarships. We hope to see you there. Todd Battle KABA President 2 UPCOMING EVENTS S Wisconsin Senate Majority Leader Addresses Kenosha Businesses enate Majority Leader Dale Schultz was in Kenosha on May 13th to address a breakfast gathering of Kenosha businesses and community leaders. Hosted by KABA in partnership with the Kenosha Area Chamber of Commerce and Wisconsin Manufacturers and Commerce, the event attracted about 65 attendees. Senator Schultz's remarks were centered on the timeline for the state budget, measures currently being taken to improve Wisconsin's economy, and the Senate's priorities for the remainder of the session. The breakfast concluded with a question and answer session during which Senator Schultz addressed questions from the audience including concerns with Medicaid funding and healthcare costs faced by many companies and individuals in the state of Wisconsin. M ike Pollocoff, the Administrator for the Village of Pleasant Prairie, recently celebrated his 20th anniversary as the Village Manager. Hired in 1985 by the Town of Pleasant Prairie, which at the time had 27 employees and a $980,000 operating budget, Mike has played a major role in the Village's development. The town's incorporation into a village, the development of LakeView Corporate Park, and the construction of the Rec Plex and Ice Plex are a few of the notable accomplishments that the Village has achieved during Mike's tenure. Today the Village has a general operating budget in excess of $9 million and 142 employees. JULY 2005 Progressive CEO Series for Manufacturing Executives K A KABA/Chamber Scholarship Golf Classic ABA is offering a series of 3 half-day workshops for manufacturing executives over the next 6 months. rea manufacturing executives are invited to attend any or all three programs. A $65 registration fee applies for each program. The content for the series has been developed by 360vu, an affiliate of the National Institute of Standards and Technology and its Manufacturing Extension Partnership. Each program will feature a 360vu presenter and will include a case study from a local CEO with relevant experience. C herry Corporation’s Chairman and President, Peter Cherry, will be a featured speaker at the Leap of Strength: The CEO Adventure seminar held on Thursday, November 17th at Gateway Technical College. Successful Strategies for Competing in a Low-Cost Manufacturing World Thursday, June 23, 2005 8 a.m. - 12p.m. College of Lake County 19351 W. Washington St. - Grayslake, IL Facilitated by: Michael Stone & Melissa Kelly-McCabe Featuring: Jim Brizzolara, President of Hydraforce, Inc. A CEO Guide to Innovation and Product Development Thursday, September 22, 2005 8 a.m. - 12 p.m. McHenry County College 8900 US Highway 14 - Crystal Lake, IL Facilitated by: Michael Collins, MPC Management, LLC Featuring: Bob Deprez, CEO of the Martinez Group International Leap of Strength: The CEO Adventure Thursday, November 17, 2005 8 a.m. - 12 p.m. Gateway Technical College - Madrigrano Center 3520 30th Avenue - Kenosha, WI Facilitated by: CEO Coach & Speaker Walt Sutton Featuring: Peter Cherry, Chairman & President of the Cherry Corporation Contact KABA to request additional information or to register to attend. Diana Ide - Director of Member Services P (262) 605-1100 F (262) 605-1111 [email protected] JULY 2005 11 Monday, August 8th K ABA and the Chamber are collaborating this year to offer the 2005 KABA/Chamber Scholarship Golf Classic, presented by TDS Metrocom. This premier golf outing for the business community will raise money for college scholarships. W e would like to recognize and thank our title sponsor and partner, TDS Metrocom, for their generous support of this event. This marks their third year of support for KABA's golf outing - and the first year for the combined outing. We would also like to thank Palmen Motors for sponsoring our hole-in-one contest. Someone may be driving away in a new Jeep Wrangler if the ball bounces their way! T his year's event will present an excellent opportunity for you to enjoy a day of golf and fun - while raising money for college scholarships. Since its inception in 1996, KABA's Foundation has awarded 89 college scholarships totaling more than $122,000. The Chamber's foundation has awarded more than 50 college scholarships in the past 20 years. C ontact KABA at (262) 605-1100 to request registration information and forms. In addition to registering to play at the event, there are also hole sponsorship opportunities for you or your business to consider. We look forward to seeing you on August 8. September 27 Referendum K enosha residents will have the opportunity to voice their opinions on the proposed $12.9 million referendum on September 27th. The three components of the proposed plan include construction of a 600-student elementary school in the White Caps neighborhood, a 200-student addition and renovations to Prairie Lane Elementary School, and improvements to the athletic/physical education facilities at Bradford and Tremper High Schools. For more information on the referendum visit www.kusd.edu. LEADERSHIP KENOSHA AREA BUSINESS ALLIANCE, INC. Board of Directors Chairman Secretary Mark S. Jaeger Senior Vice President, General Counsel & Secretary Jockey International, Inc. Thomas H. Laken, Jr. President Finishing & Plating Service, Inc. Vice Chairman Treasurer Michael F. Montemurro Senior Vice President - Transportation Snap-on Incorporated Jerold P. Franke President WISPARK LLC NEWSLETTER OF KENOSHA A REA B USINESS A LLIANCE July 2005 Deputy Mayor of Louisville Discusses City-County Merger President Todd R. Battle Kenosha Area Business Alliance, Inc. David R. Barnes, Attorney von Briesen & Roper, s.c. Dr. Sam E. Borden, President Gateway Technical College Cathryn S. Bothe, President Bothe Associates Inc. Patrick DeGrace, Director of Customer Care Hospira, Inc. John Donnell, President Martin Petersen Company, Inc. Ken Dowdell, Vice President & Publisher Kenosha News John M. Ernster, Manager-Customer Services WE Energies Kenneth L. Fellman, President M&I Marshall & Ilsley Bank Mary Galligan, President Kenosha Area Convention and Visitors Bureau David L. Hagman, President & CEO Vista International Packaging, LLC William A. Hardt, President Northlake Engineering, Inc. William J. Hayes, President & CEO Nitto Americas, Inc. Dr. John P. Keating, Chancellor University of Wisconsin - Parkside Wayne E. Koessl, Senior Local Affairs Representative WE Energies Joseph F. Madrigrano, Sr., Owner Marina Shores Virginia K. Moran, President Label Makers, Inc. Mark Naidicz, Director-Corporate Human Services S.C. Johnson Robert C. Nelson, President Bane-Nelson, Inc. Karl Ostby, President & CEO Southport Bank Joe Per, Plant Manager DaimlerChrysler-Kenosha Engine Plant Leon Pascucci, President Grenadilla, Inc. Rita Petretti, Vice President Petretti Builders and Developers Lawrence R. Rasch, President Rasch Construction and Engineering, Inc. Barbara Riley, Vice President-Business Development Riley Construction Company, Inc. Richard O. Schmidt, Jr., President, CEO & General Counsel United Hospital Systems Robert G. Terwall, President Cherry Electrical Products Gregg Thompson, President BCI Group Stanley A. Torstenson, President Stan’s Lumber, Inc. Peter D. Valeri, President Valeri Agency, Inc. Dennis Vignieri, President Kenosha Beef International, Ltd. Michael W. Wells, President Frank L. Wells Company Cletus R. Willems, Vice President & General Counsel JHT Holdings, Inc. Target Your Marketing Efforts K ABA members may request a separate one-page insert of their own design and production to accompany the KABA newsletter mailing to about 900 recipients. KABA reserves the right to review the insert to ensure the quality is compatible with the newsletter. The newsletter is published in January, April, July and October. Members interested in including an insert should contact KABA, (262) 605-1100, by the first of the month prior to publication. The insert fee is $250. The correct number of copies need to be delivered to KABA by the 25th of the month prior to publication. NEW 300,000 SF INVENTORY BUILDING COMING TO LAKEVIEW CORPORATE PARK W Directions is published quarterly by the Kenosha Area Business Alliance, Inc. 600 52nd Street, Suite 120 Kenosha, WI 53140-3752 262-605-1100, FAX 262-605-1111 Email: [email protected] www.kaba-inc.com The Kenosha Area Business Alliance (KABA) is a private not-for-profit corporation recognized as the focal point for economic and community development, business technical assistance and employer training to existing firms and new businesses interested in locating in Kenosha County. Todd R. Battle, President Cecilia Lucas, Director of Bus. Finance Diana Ide, Director of Member Services Julie Hopper, Administrative Assistant Jeremy Scuffham, Marketing Specialist Keena Johnson, Intern JULY 2005 ISPARK LLC and CenterPoint Venture LLC, under the name of CenterPoint WISPARK Land Company LLC, announced construction of LakeView X, a 301,650 SF inventory building at LakeView Corporate Park. Located on a 23.5 acre site at the southwest corner of 113th Street and 88th Avenue (Highway H), this distribution/manufacturing facility is being developed south of Cherry Electrical Products and west of the Volkswagen/Audi Midwest Distribution Center. economy", said Jerry Franke, President of WISPARK LLC. "It is important to have existing space of this nature readily available to attract companies in need of space quickly many times it leads to a build-to-suit opportunity." R iley Construction Company, the general contractor and Partners in Design Architects, the architectural firm, have extensive experience with WISPARK projects. Lee and Associates has been selected to market the property. T L L C he pre-cast industrial building will be both expandable to 600,000 SF and divisible to 75,000 SF and is expected to be ready for occupancy by mid-October 2005. Building features include 30' clear height, 24 exterior docks (expandable to 56) and truck trailer storage. ow vacancy rates and high user demand in Southeast Wisconsin contributed to the decision to move forward with this project. “This is the first speculative building development in LakeView in 4 years. The fact that much of the existing building space in the Park is leased and the market indicates a demand for more is a healthy sign of the JULY 2005 akeView Corporate Park is a 2,391-acre mixed-use real estate development located along I-94 between Chicago and Milwaukee. The Park has attracted 75 corporations that employ more than 9,000 people in the Village of Pleasant Prairie, since opening in 1988. enterPoint WISPARK Land Company LLC is a joint venture between WISPARK LLC (a subsidiary of Milwaukee-based Wisconsin Energy Corporation), CenterPoint Properties Trust, and CalEast Industrial Investors, LLC advised by LaSalle Investment Management.