Issue link: http://www.insightdigital.biz/i/407833
14 | I NSIGH T • N o v e m b e r 2 0 14 w w w . i n s i g h t o n b u s i n e s s . c o m least $19 million in capital investment, $200,000 of the loan will be forgiven. e City of Two Rivers will invest $120,000 in 5.8 acres of vacant land, which will be deeded to the company for $1 upon completion of phase one and aer Ironwood has created and retained at least 40 new jobs for one year. "ere is a pretty good degree of optimism that there will be an expansion," says Greg Buckley, the city manager for Two Rivers. "Everything is sized right and it's a pretty innovative approach." Once the company completes phase one, the city-owned land becomes part of a 12-acre campus with two manufacturing plants, increasing the opportunity for future growth, Buckley says. Ironwood Plastics opened its first plant in Two Rivers in 1987. e company makes custom, injection molded plastic parts for several industries. » WEST CENTRAL Shawano, Waupaca, Waushara, Marquette, Green Lake Counties Investing in a sound startup ere is more than water making waves in rural Green Lake County. Princeton Audio, a company making hand-craed high-fidelity wireless audio systems, has made enough noise to attract the attention of the Tri-County Regional Economic Development Corp., which recently made a $25,000 equity investment to help the new company secure patents and develop prototypes necessary to launch its new products. Princeton Audio is the latest venture of Michael Pelland, former CEO of Fusion Studio, who recently relocated to the Princeton area. e company will use local crasmen and raw materials for its audio products. "Both my wife and I are committed to the area," Pelland says. "We are dedicated to bringing jobs and technology to the area. It is an excellent place to live." e company has also launched a crowdfunding campaign through indiegogo: www.indiegogo.com/ projects/princeton-audio. Send business news updates and photos to edit@insightonbusiness.com. REGIONAL ROUNDUP BPM has saved an estimated 69 million kWh and 3.3 million Therms of energy per year. When ThedaCare and Shared Partners was looking for an affiliate that knew Lean construction, to build its Encircle Health facility, it turned to The Boldt Company. Boldt's Integrated Lean Project Delivery ® method continuously drives out waste during the construction process. Before a shovel ever touched the dirt to break ground, the architect, engineer, subcontractors and the rest of the project team collaborated to create a strategic project plan, to deliver the best possible benefits to the job. If you're looking for value, look for Boldt. 920-739-6321 | boldt.com For 125 years, Boldt has delivered value, to help you deliver better healthcare. Boldt_Insight_Construction in Healthcare_20141.indd 1 10/14/2014 11:50:32 AM