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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 F e b r u a r y 2 0 15 • I NSIGH T | 17 e Technology Development Loan from WEDC will augment the company's ongoing investment in research and development for optimized thermal dynamics, precision optics and application engineering. energybank also was certified for $1.25 million in Qualified New Business Venture tax credits from the state, a status that makes the company eligible for a 25 percent state tax credit on the amount it invests in the business. "e team I've put together, along with the investments we've made in our core competencies, uniquely position us to be a leading technology integration company and OEM component supplier," says Neal R. Verfuerth, CEO of energybank. e company recently launched an outdoor fixture designed for auto dealers it has dubbed the "Model T," and has shown that it can reduce energy consumption by 70 percent. e assistance programs from the state are crucial to energybank as it takes steps to commercialize the Model T, Verfuerth says. » WEST CENTRAL Shawano, Waupaca, Waushara, Marquette, Green Lake Counties Infiniti Metals doubling its workforce in Clintonville Infiniti Metals is upgrading its facilities and buying new equipment in a $1 million expansion that could create as many as 65 new jobs in the Clintonville area. Infiniti Metals, which makes specialty trailers and equipment for commercial and military use, will modernize its plant in order to diversify its product line and increase the efficiency of its operation. e Wisconsin Economic Development Corporation is providing the company with a $367,000 loan from its Business Opportunity Loan Fund, a program that provides assistance to businesses that are starting a new operation, expanding an existing operation or upgrading their capabilities. Under the terms of the seven-year loan, Infiniti is required to create 65 new jobs by mid-2017 and to retain its existing 46 employees. Infiniti Metals was founded in 1935 by Arthur Giersbach, of Clintonville, who created a line of specialty equipment for the telephone and power line industries. At one time known as Utility Tool & Trailer Inc., the company has since ventured into additional markets, including farm equipment, tree planters and specially-designed trailers for utility, commercial and military use. Send business news updates and photos to edit@insightonbusiness.com. At Boldt, we're out to deliver those things important to your construction project: budget savings, responsive production schedules, better decision-making and a positive, more collaborative customer experience. In short, we're out to deliver value. 920-739-6321 | boldt.com Challenging convention to deliver results. Insight_Boldt Ad Feb_2015.indd 1 1/19/2015 1:56:21 PM