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UPFRONT regional roundup » Highway 41 Corridor Brown, Calumet, Outagamie, Winnebago, Fond du Lac Counties Nsight raises $90 million to fund growth projects Nsight, the parent company of Cellcom and Nsight Teleservices, has raised $90 million through debt and equity capital to fund several growth projects, company leaders say. The Green Bay telecom firm plans to use the cash to: accelerate the build-out of its 4G LTE network in its Wisconsin operating territory; expand the company's fiber network to serve more customers; and expand the company's network of cell towers to better serve carriers and customers throughout Cellcom's territory. "We're tremendously excited about these new initiatives, which will significantly enhance our position in the market and the reach and sophistication of our network," says Patrick Riordan, Nsight's president and CEO. Nsight also plans to offer a share buyback program to shareholders. The debt capital is being provided Development in the New North By Mar yB eth Matzek For links to economic development groups in the New North, visit www.thenewnorth.com/communitiesmap by CoBank, and ACB and Tailwind Capital are providing the equity capital. Neenah downtown development cancelled A planned retail and office complex in downtown Neenah on the former Glatfelter paper plant site is off the table. Developers Terry Bomier and Steve Winter, working as BTS Properties, recently withdrew their development agreement with the city to build a complex valued between $3 million and $4 million, saying the project was no longer viable. The City of Neenah spent $400,000 to purchase and clear some properties and borrowed another $350,000 to help support the project. Those borrowed dollars will be worked into an agreement for future site developments, city leaders say. Offering full-service engineering/ architectural services. 920.751.4200 www.mcmgrp.com Gulfstream expands airport operations The Gulfstream Aerospace Corp. facility located at the Outagamie County Regional Airport in Greenville is about to get busier. The company is gearing [continued] » New North continued granted, are precious commodities to businesses out West, for example." The Business Locator guide also serves as a valuable tool to economic development leaders when out-of-state businesses want to take a closer look at Northeast Wisconsin as a prospective site for their company. "We have hosted businesses looking for a site through economic development," says Loden. "They want to be able to see the data. We use the additional detail in the (Business w w w. i n s i g h t o n b u s i n e s s . c o m Locator guide) tool to complement the Economic Development Corporation website." New North collaborators hope local business leaders will take the guide with them when they travel to use as a tool showcasing Northeast Wisconsin as a premiere business destination. A digital version of the Northeast Wisconsin Business Locator guide is available at www.thenewnorth.com/ BusinessLocator. Print copies can also be ordered through New North, Inc. F e b r u a r y 2 013 • Insight | 13