News Column

Town of Lake Holcombe gets state loan for business park

July 6, 2014

By Chris Vetter, The Leader-Telegram, Eau Claire, Wis.



July 06--CHIPPEWA FALLS -- The town of Lake Holcombe has received a $1 million loan from the state to continue developing a business park that will include a new training school for driving trucks.

The state Board of Commissioners of Public Lands approved the loan Tuesday for placing infrastructure in the park.

"Any time the rural northern part of the county is recognized by the state, it's a great thing," said Charlie Walker, Chippewa County Economic Development Corporation executive director. "They definitely need to diversify the economy up there. Right now, it's tourism-based."

About 20 lots have been created in the 50-acre subdivision for the Lake Holcombe Business Development on the east side of Highway 27 immediately south of 275th Avenue.

J.D. Kirkman of SEA Investments worked with the town of Lake Holcombe to create the business park, in the works for the past 18 months.

"We will have both commercial industrial and retail space for new construction available this year," a company press release states.

The northern part of Chippewa County is home to relatively high unemployment and poverty levels. Kirkman said he hopes the business park can provide the area with an economic spark.

"The bottom line is that every single job could be worth as much as $15,000 in tax credits," Kirkman said. "Anyone looking to expand should be looking at the Lake Holcombe area."

Gilbertson Transit, which was named one of Chippewa County's four businesses of the year recently, is opening the Hands-On CDL Driving School in the Lake Holcombe Business Development, just the sixth school of its kind in Wisconsin. The company received accreditation from the Wisconsin Educational Accreditation Board and the state Department of TransportationMay 15.

Vetter can be reached at 715-723-0303 or at chris.vetter@ecpc.com.

___

(c)2014 the Leader-Telegram (Eau Claire, Wis.)

Visit the Leader-Telegram (Eau Claire, Wis.) at www.leadertelegram.com

Distributed by MCT Information Services


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Leader-Telegram (Eau Claire, WI)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters