Insight on Business

November 2014

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w w w . i n s i g h t o n b u s i n e s s . c o m N o v e m b e r 2 0 14 • I NSIGH T | 13 BPM has saved an estimated 69 million kWh and 3.3 million erms of energy per year. Since collaborating with Focus on Energy in 2001, BPM has received nearly $700,000 in energy-saving incentives by installing energy efficient compressed air systems, lighting, a pump system, and various process efficiency technologies. "Focus on Energy is an excellent resource for us to develop tools and implement energy efficiencies into our paper manufacturing," says Jim Koronkiewicz, BPM's general manager. "e energy intensity reduction is credited to our partnership with the Better Plants Program, Focus on Energy, Wisconsin Public Service and our employees' dedication to a successful mill." » THE LAKESHORE Door, Kewaunee, Manitowoc, Sheboygan Counties Ironwood expansion could mean up to 80 jobs Ironwood Plastics Inc. announced a $19 million expansion that will recycle a vacant production facility and potentially add up to 80 new jobs in Two Rivers. e first phase of the expansion project involves purchasing the 27,000-square-foot former Omega Manufacturing building next door to the company's current facility and installing additional production machinery. at $6 million project will occur during the next year and is expected to add 40 new jobs. A potential second phase involves a building expansion and additional production equipment, and is expected to occur within five years. at project would cost an estimated $13 million and is expected to create another 40 jobs. "With Ironwood's current rate of growth, more plant capacity was essential, and we feel very fortunate to be able to expand into a top-quality building the size we were seeking adjacent to our existing high-performance plant," says Rick Faustich, president of Ironwood. e Wisconsin Economic Development Corporation will provide a $400,000 zero-interest loan. If the company creates 80 new jobs, retains its existing 34 positions and makes at [continued ] » REGIONAL ROUNDUP "Everything is sized right and it's a pretty innovative approach." – Greg Buckley, city manager, city of Two Rivers Recruiting & Engaging the Non-Family Manager & Leader David Ransburg Consultant at the Family Business Consulting Group, Inc. REGISTER TODAY AT: www.familybusinessfirst.com $35 Tickets ONLY Presented by: In Partnership with: NOVEMBER 12, 2014 7:30 AM - 9:15 AM St. Norbert College Media Sponsor: Supported by: A big challenge for family businesses is finding a way to offer an opportunity for growth and career development that will engage the non-family member without the promise of stock ownership or authority outside the family's oversight. This workshop will focus on ideas and methods used to effectively recruit, engage and retain the non- family manager and leader. Developed according to the needs of family businesses like yours, this workshop is sure to be relevant and engaging. Join us for our November Family Business First Workshop

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