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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 15 • I NSIGH T | 13 Spend Less Time in Traffic. FLYGRB.COM Flying local means going straight to the source. No traffic. No commute. No hassle. Spend less time traveling and more time taking care of business. Time is money. FLY GRB and make it count. the company's stock as a retirement plan, and will keep ownership of the company local as it transitions to new leadership. e Boldt family has been the sole owner of the company for 126 years. As announced, ownership of the company will be divided over a period of years into a 30 percent share for the family, 45 percent share for employees and 25 percent share for management. "Passing ownership of the company to our employees will help Boldt continue to be a construction leader," Oscar C. Boldt said in a statement announcing the change. "Our culture — based on honesty, fairness, performance, hard work and a love of construction — will be perpetuated by the remarkable men and women of e Boldt Co. We felt that if we sold Boldt to another company, like many companies do, our values and culture would be lost forever." e company is expected to reach $1 billion in annual revenues by next year. e decision to create the ESOP was [continued ] » made jointly by Chairman O.C. Boldt, Chief Executive Officer Tom Boldt and President Bob DeKoch. All three will remain at the company. » THE LAKESHORE Door, Kewaunee, Manitowoc, Sheboygan Counties Plymouth cheese plant to close in 2016 Missouri-based Dairy Farmers of America announced it plans to close its Plymouth cheese manufacturing plant by early next year and lay off the 304 workers there. e closure comes despite a $13.4 million project in 2011 to modernize the plant, which included $1.5 million in public financing aimed at keeping the aging plant in operation. e plant has been in operation since 1954 and produces Borden cheese along with private-label cheese products. e closure is slated for January, when the property will be put up for sale. "Business decisions that impact the lives of our employees are incredibly difficult," John Stephens, the company's chief operating officer for consumer brands, stated in a news release. Icebreaker Mackinaw prepares for winter's ice e United States Coast Guard Icebreaker Mackinaw completed repairs at Fincantieri Bay Shipbuilding in Sturgeon Bay in preparation for winter operations on the Great Lakes. Winter operations are especially hard on icebreakers and their endurance is paramount to shipping on the Great Lakes. Last winter, ice breaking started in December and lasted for 128 days, according to the U.S. Coast Guard. e repairs were performed in the FBS U.S. Navy-certified floating dry-dock. e 240-foot vessel was built by Fincantieri-Marinette