Duracolor (2008), Racine, WI

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

COMMUNITY IMPACT

This project is a refinance and business expansion request. The principals of Duracolor took over the failing graphics company in 2004. They were able to preserve a substantial number of well paying positions in the community. Over the last three years the management had been able to stabilize the company and bring it to the point where it is ready to grow.Duracolor is prepared to expand. To do this however, they need to put capital improvements into their current space and to purchase equipment that will allow them to be efficient enough to add staff without having to go to a third shift. They expect to double their employment needs. As a part of this they will also need to tap into local training opportunities – allowing them to tap community residents for these new positions which pay a true living wage (on average $15 per hour).

Project Map

Other Manufacturing Projects

Westervelt Pellets

The NMTC helped the Westervelt Company to build a new wood pellet manufacturing facility in Aliceville, Ala.

Vineburg Machine

Vineburg Machining, Inc. is a veteran-owned, full service precision machine shop providing quality services for longterm customers ranging from local…

Meredian Bioplastics

Manufacturer of environmentally friendly, biodegradable bioplastics relocates to a larger facility and brings significant investment into a low-income community in…

Other Wisconsin Projects

Beloit Powerhouse, LLC

Beloit Powerhouse, LLC
Project City:
Beloit,
Project State:
WI
Project Year:
(2018)
The project is building a uniquely integrated student union, recreation center, and athletic facility that will benefit generations of college students and the greater community ...
Read More

Boys & Girls Club of the Wisconsin Rapids Area and the South Wood County YMCA/YWCA

Boys & Girls Club of the Wisconsin Rapids Area and the South Wood County YMCA/YWCA
Project City:
Wisconsin Rapids,
Project State:
WI
Project Year:
(2018)
The center is envisioned as a 90,000 SF facility located in a severely distressed, non-metro, low income community. This project will transform a functionally obsolete and mostly vacant downtown mall ...
Read More

St. Croix Chippewa Indians

St. Croix Chippewa Indians
Project City:
Webster,
Project State:
WI
Project Year:
(2018)
St. Croix Chippewa Indians - Judicial Center - This complex deal was years in the making. It provides refinancing of existing gaming debt, loans for new economic development project construction, ...
Read More

Marshfield Area YMCA

Marshfield Area YMCA
Project City:
Marshfield,
Project State:
WI
Project Year:
(2017)
Cinnaire provided a $7.2 million New Market Tax Credit (NMTC) allocation to support the expansion and rehabilitation of the Marshfield Area YMCA. Forward Community Investments (FCI) is providing a $7.8 ...
Read More

MEDC Revolving Loan Fund

MEDC Revolving Loan Fund
Project City:
Milwaukee,
Project State:
WI
Project Year:
(2017)
MEDC provides low cost, long-term, subordinate capital to operating businesses in the City of Milwaukee through the its NMTC Revolving Loan Fund (RLF) product. We fund fixed asset purchases for ...
Read More

Nueske’s Meats

Nueske's Meats
Project City:
Wittenberg,
Project State:
WI
Project Year:
(2016)
This project involved expanding a facility for meat a manufacturer. Nueske's Meats is a third-generation family owned business, manufacturing award winning applewood smoked meats. Expanding the manufacturing space retained 135 ...
Read More

Yellow Freight

Yellow Freight
Project City:
West Allis,
Project State:
WI
Project Year:
(2016)
Developer Wangard Partners had some fun naming their acquisition, construction, and leasing of two industrial buildings encompassing a site of approximately 170,000 square feet on Rogers Street in a highly ...
Read More

1st and Greenfield

1st and Greenfield
Project City:
Milwaukee,
Project State:
WI
Project Year:
(2015)

Janesville Festival Foods

Janesville Festival Foods
Project City:
Janesville,
Project State:
WI
Project Year:
(2015)
Festival Foods is a Wisconsin-based, family owned grocery chain that saw potential for a new store located in a USDA food desert at the site of a vacated K-Mart in ...
Read More

St. Ann Center for Intergenerational Care

St. Ann Center for Intergenerational Care
Project City:
Milwaukee,
Project State:
WI
Project Year:
(2014)
Milwaukee's St. Ann's Center for Intergenerational Care is copying its successful south side facility with a second location on the north side, where the rates of poverty and infant mortality ...
Read More

SuperSteel

SuperSteel
Project City:
Milwaukee,
Project State:
WI
Project Year:
(2013)
Super Steel, LLC, formerly known as Super Steel Products Corporation (SSPC), has been in existence since 1923, providing contracted manufacturing services to customers in the industrial, construction, agricultural, and defense ...
Read More

Jonco

Jonco
Project City:
Milwaukee,
Project State:
WI
Project Year:
(2013)
The project involves funding working capital and tenant improvements for Jonco industries related to its expansion into the former Eaton building located in a highly distressed community in the 30th ...
Read More

Bureau of Milwaukee Child Welfare

Bureau of Milwaukee Child Welfare
Project City:
Milwaukee,
Project State:
WI
Project Year:
(2013)
High poverty and low development have historically plagued the area surrounding the intersection of 27th Street and Wisconsin Avenue in Milwaukee. The development of the vacant lot located at this ...
Read More

Winsert

Winsert
Project City:
Marinette,
Project State:
WI
Project Year:
(2012)
Winsert, Inc. in Marinette received NMTC financing through the Wisconsin Economic Development Corporation (WEDC) and the Wisconsin Housing and Economic Development Authority (WHEDA) to support the creation of up to ...
Read More

Chippewa Community Dental Facility

Chippewa Community Dental Facility
Project City:
Lac Du Flambeau,
Project State:
WI
Project Year:
(2012)
Lac du Flambeau Band of Lake Superior Chippewa Community Dental Facility This investment helps the Lac du Flambeau Band of Lake Superior Chippewa Indians to construct a center that will ...
Read More