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SUCCESS STORIES


 

Morgen Enterprizes, LLC 

Colfax, WI 

 

 

*Photo courtesy of the Colfax Messenger

 

Regional Business Fund, Inc. recently assisted Morgen Enterprizes, LLC with the purchase of the vacant Colfax Auto Body. Mike Morgen Sr. and his wife Joyce are the owners of Morgen Enterprizes; their son Mike Morgen Jr., pictured above with Karie Larson, will operate the auto body business. Mike Morgen Jr. has 19 years of experience managing body shops. The business will provide repairs for both insurance claims and non-insurance requests.  Morgen Enterprizes, LLC received a $25,000 loan through the Micro Loan Fund. The funds were used to purchase the real estate and equipment. Congratulations Morgens!

 


 

NCCM Company, LLC 

River Falls, WI

*Photo courtesy of NCCM

 

Regional Business Fund, Inc. recently assisted NCCM Company, LLC , primarily owned by Brent and Julie Niccum, as they plan to construct a new 28,800 sq. ft. manufacturing facility in River Falls. Pictured above from left to right are Brent, Julie, and sons Cole and Lew breaking ground at the new location in the Whitetail Ridge business park. NCCM creates state of the are mill rolls used in the manufacturing of steel. The company focuses on innovative materials, and green technologies. The new building will afford NCCM increased space, an operations-friendly layout, and greater security.  NCCM Company, LLC received a $250,000 loan through the Revolving Loan Fund.  The funds are being used for construction of the new manufacturing facility.  The business expects to create 14 full-time positions in the next two years, for a total of 43. Congratulations Niccums!

 


 

DCA Manufacturing Corporation

Cumberland, WI

 

DCA Manufacturing Corporation receivd assistance from Regional Business Fund, Inc. in March 2013 for an expansion to their building in Cumberland, WI.  DCA is a subcontractor manufacturer, providing original equipment manufacturers with custom electric and electromechanical assemblies.  Carl Proescholdt, President, and Julie Schnacky, CFO (pictured below) recognized the need for expansion as their sales steadily increased.  DCA now has more than twice the floor space they previously had (increasing from 8,600 to 22,600 square feet) which allows them to remain competitive and support the industry locally, while many manufacturers elect to outsource overseas. DCA received a $300,000 loan through the Revolving Loan Fund to purchase equipment for the expansion. The project has helped leverage $2.7 million in private funding. The business currently employs 67 (17 added for the expansion) and plans to add 20 positions within the upcoming years. 

 

DCA Manufacturing

*Photo courtesy of DCA Manufacturing

 


 

Brumite, LLC dba Whispering Emerald Ridge Weddings

Menomonie, WI

 

The Regional Business Fund, Inc. recently provided assistance to Brumite, LLC to begin construction of an indoor wedding and event center. Bruce and Theresa Olson, the owners, also operate Whispering Emerald Ridge Game Farm, located on the same beautiful 380 acres six miles southeast of Menomonie. Theresa, a former General Manager with event planning experience, saw the potential of the property's unequaled views and in 2012, the business began offering wedding and reception services. Their business is unique in that they offer a professional chef who will customize meals to the client's preference. As bookings have increased, the Olson's have recognized a need for an indoor event center in the event of inclement weather.   Brumite, LLC received a $56,500 loan through the Revolving Loan Fund.  The funds are being used for construction of an indoor facility and to purchase equipment for the facility. The business expects to have 10 full time seasonal employees within the next two years. Congratulations Olson's! 


Brison Manufacturing, Osceola, WI

Brison Manufacturing, owned by Brian Claasen, has been in business since 2004 as a manufacturer of plastic injection molds and custom fixtures. They had previouslyworked out of a shop near their home and ran out of room, which resulted in them needing to turn businessaway. To expand their operations and increase their sales, the company purchased a building in the Osceola Industrial Park which had been listed for sale for many years. To assist with the building improvement costsand working capital needs, they were awarded an RBF, Inc. Revolving Loan Fund loan in the amount of $80,000. The company expects to create 4 full time positions in the next two years, and the funds will leverage $458,000 of bank financing. Best wishes for a sucessful future Brian!