Closing the Deal for Hartford, Wisconsin Taphouse

The development of downtown Hartford, Wisconsin got a major boost this past December as EDWC joined forces with Forte Bank, HADC and the City of Hartford, and Washington County to help finance plans for Brewed Omen Tasting Room. The new gathering spot, set to open Memorial Day weekend in 2022, will be located in [...]

By |2023-03-01T13:42:20-06:00January 4th, 2022|Loans and Incentives|Comments Off on Closing the Deal for Hartford, Wisconsin Taphouse

Facilitating a Win for Hartford, Wisconsin and Dodge Dental

As a child, Dr. Emma Dodge, DDS was a patient of long-time Hartford dentist, Dr. Scheunemann. She was greatly influenced by Dr. Scheunemann and even declared to him that she intended to become a dentist. Dr. Emma made good on that prediction and along with her husband, Dr. Ryan Dodge, DDS purchased Dr. Scheunemann’s [...]

By |2023-03-01T13:41:32-06:00November 19th, 2021|Loans and Incentives|Comments Off on Facilitating a Win for Hartford, Wisconsin and Dodge Dental

How Washington County’s October 7th Event Will Tear Down Key Barrier to Workforce Recruitment and Retention

The national “war for talent” begins here.  On Thursday, October 7th, Washington County will unveil a unique cloud-based, interactive report that graphically captures the how and why both rental and owner-occupied housing is one of your company’s top barriers to recruiting and retaining workers. Next Generation Housing Event with County Executive, Josh Schoemann EDWC’s [...]

By |2023-03-01T13:37:24-06:00October 1st, 2021|Economic Development, Workforce Analytics|Comments Off on How Washington County’s October 7th Event Will Tear Down Key Barrier to Workforce Recruitment and Retention

Why Offering Hiring Bonuses Might Not Be the Winning Strategy You Think it Is

It seems as if every billboard and building is advertising hiring bonuses in an effort to attract a limited labor pool. As labor supply issues continue, many organizations have increased starting pay. We currently see this within many Washington County organizations. Without addressing those compression issues through wage market-level adjustments, the practice of hiring [...]

By |2021-09-15T15:02:53-05:00September 15th, 2021|Economic Development, Workforce Analytics|Comments Off on Why Offering Hiring Bonuses Might Not Be the Winning Strategy You Think it Is

What’s Next in the Battle for Workforce Talent?

Last fall we looked at the rising number of online job postings, the increase in remote work opportunities and the decline of the unemployment rate in Wisconsin from 6.3% in August to 5.4% in October. Well, the unemployment rate for the state of Wisconsin has now declined to 3.9%, without the labor participation rate [...]

By |2021-06-02T13:38:51-05:00May 27th, 2021|Economic Development, Workforce Analytics|Comments Off on What’s Next in the Battle for Workforce Talent?

Is Your Company Leaving Money on the Table?

Inflationary pressures make this question more than a “gut check.” Rising supply chain costs – if you can even find the inputs you require – are all too real. Vendors are tightening payment standards; interest rates are on the move upward; and federal stimulus is only making matters more frenzied. So, if your company was [...]

By |2023-03-01T13:40:45-06:00April 12th, 2021|Loans and Incentives|Comments Off on Is Your Company Leaving Money on the Table?

3 Steps to Successfully Approach Workforce Attraction

Companies recognize that today’s front on the war for economic development is talent retention and recruitment and have decided to make this core to its strategic pursuits.  Laying important foundations to address the gap between job growth and available workers is key to taking the next step in your growth initiatives. Below are 3 [...]

By |2023-03-01T13:39:43-06:00February 11th, 2021|Workforce Analytics|Comments Off on 3 Steps to Successfully Approach Workforce Attraction

Economic Outlook for 2021

“Rubbing the Crystal Ball” 2020 was a challenging year that most of us would prefer to put in the rear-view mirror.  Economic development in Washington County, however, continued to be strong.  Significant development projects in 2020 added 103 new jobs and resulted in more than $29,169,837 in new capital investment. View Top Projects in [...]

By |2023-03-01T13:39:08-06:00January 25th, 2021|Uncategorized|Comments Off on Economic Outlook for 2021

Building Incentives into Your Capital Stack

“Wow, you don’t know what you don’t know!” commented one CFO after we just fleshed out how select incentives could accelerate CapEx he had planned.  My response, “But, now you do.” Here are five steps you can take to remove complexity and navigate to an effective package. Step 1 – Shift Your Thinking  Savvy [...]

By |2023-03-01T13:38:33-06:00December 7th, 2020|Loans and Incentives|Comments Off on Building Incentives into Your Capital Stack

5 Key Questions When Site Selecting

There are any number of reasons why a company may find itself on the hunt for the perfect location: starting a new business outgrowing existing space adding a second (or third, or fourth...) location expanding manufacturing capabilities The list goes on. No matter what precipitates the need for a new site, there are key [...]

By |2023-03-01T11:27:18-06:00November 20th, 2020|Site Selection|Comments Off on 5 Key Questions When Site Selecting
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