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Dept. of Commerce: Wisconsin Development Fund Awards Aid Technology Development and Labor Training
1/28/2004

Contact:
Tony Hozeny, (608) 267-9661

MADISON - Gov. Jim Doyle today announced that seven companies will share $688,013 in Wisconsin Development Fund awards. The awards were made at the Wisconsin Development Finance Board meeting held January 26 in Madison.

"These awards will help achieve the goals of my Grow Wisconsin initiative by increasing the skills of Wisconsin workers in our manufacturing industries," Gov. Doyle said. "They also support projects that retain jobs and further technological development in the state."

Gov. Doyle noted that the projects will create 60 jobs, retain 124 positions, train 92 employees and leverage $3.8 million in additional investment.

The following summarizes the successful proposals:

Dimat, Inc., Cedarburg, Ozaukee County, $10,397 Customized Labor Training (CLT) grant. Dimat, Inc., manufactures ceramic and rare earth powders, materials that do not conduct electricity, and prototype capacitors for use in the electronics, defense, and automotive industries. It is seeking ISO 9001/2000 certification. The company will use the CLT funds to train five existing employees. The project will leverage $10,398 in additional private investment.

K & L Tooling, Inc., Port Washington, Ozaukee County, $44,719 CLT grant. K & L Tooling, Inc., produces specialized dies and complex machining fixtures for use in the automotive, appliance, and food industries. It is seeking ISO 9001/2000 certification. The company will use the CLT funds to train 15 existing and 18 new employees. The project will leverage $44,720 in additional private investment.

Pacal Industries, LLC, La Crosse, La Crosse County, $350,000 Major Economic Development (MED) loan. Pacal Industries, LLC, a spin-off company from Pacal, LLC, specializes in steel fabrication, producing bridge spans and crane booms among other products. The MED award will provide working capital to the company to support the introduction of a new crane line. It will retain 59 positions and create 33 new positions. The project will leverage $3.3 million in additional private investment.

Professional Power Products, Inc., Darien, Walworth County, $27,397 CLT grant. Professional Power Products, Inc., offers design, engineering, manufacturing and consulting services to the power generation field. It is seeking ISO 9000 certification. The company will use the CLT funds to train 31 existing employees. The project will leverage $27,397 in additional private investment.

Ryeco, Inc., Beloit, Rock County, $24,250 CLT grant. Ryeco, Inc., offers precision double-disc grinding and machining that serves end users in the automotive and construction industries. It is seeking ISO 9001 certification. The company will use the CLT funds to train 14 existing employees. The project will leverage $24,250 in additional private investment.

Seneca Foods Corporation, Baraboo, Sauk County, $31,250 CLT grant. Seneca Foods Corporation cans and freezes fruits and vegetables. The company is investing $12 million to expand its Baraboo facility and purchase new equipment. The CLT funds will be used to train nine new employees on the new equipment. The project will leverage $205,808 in additional private investment.

Wisconsin Small Engine Consortium, Milwaukee, Milwaukee County, $200,000 Technology Development Fund (TDF) grant. The Wisconsin Small Engine Consortium is a collaborative effort between Wisconsin companies, the State of Wisconsin, and the University of Wisconsin. It works to develop tools and methodologies to assist in the production of small engines that will meet emissions standards and operate efficiently. The TDF award will provide working capital to the consortium during clinical trials and testing. The project will leverage $200,000 in additional private investment.

The Department of Commerce staffs the Wisconsin Development Fund. The independent Wisconsin Development Finance Board considers proposals and awards funds. For further information, contact Jamie Wall at (608) 267-0770.
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