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Summer 2019 Edition

Learn about the latest economic development news and opportunities awaiting your business with the
24 Touchstone Energy
® Cooperatives of the Dairyland Power System. 

World's Largest Aquaponics Facility Finds Success in Jackson Electric Cooperative's Service Territory 
 

Superior Fresh, with its 3-acre greenhouse, 1-acre fish house and 1,100 LED grow lights, is considered the largest aquaponics system in the world.  Located just off I-94 in Northfield, Wis., the facility provides organic salmon and leafy green vegetables to local grocery stores and restaurants.  Superior Fresh's operations and expansion plans were recently highlighted in an article by the La Crosse Tribune.

Superior Fresh will be the featured presenter at the upcoming Rise & Shine Sustainability Series presented by the Sustainability Institute at Western Technical College (La Crosse, Wis.).
 

Jump River Electric Cooperative,
Dairyland Power Cooperative Recognized


Brad Foss (left) and Jim Anderson (right) jointly accept the Large Business of the Year award from
Andy Albarado, Rusk County Economic Development (center)

Jump River Electric Cooperative and Dairyland Power received the Large Business of the Year Award from the Ladysmith Area Chamber of Commerce.  The award was presented by the Ladysmith Industrial Development Corporation and Rusk County Economic Development at the Rusk County Community Awards and Recognition Banquet on April 25.  Accepting the award were Jump River Electric’s General Manager Jim Anderson and Brad Foss, Dairyland Power’s Manager, Environmental Impact. The award was based on the investments the cooperatives have made in the community, service to area residents and employment opportunities.

Jump River Electric Cooperative serves 8,414 members via 1,759 miles of line in Rusk, Sawyer, Taylor, Chippewa, Barron and Price counties.  

Co-ops Partner with Touchstone Energy® on National Campaign Production

Vernon Electric Cooperative (Westby, Wis.) and Riverland Energy Cooperative (Arcadia, Wis.), along with Dairyland Power Cooperative, recently partnered with Touchstone Energy® Cooperatives (Arlington, Va.) and Harvest Creative Services (Lansing, Mich.) to produce Touchstone Energy's next national advertising campaign.  The campaign will highlight the cooperative difference and the role cooperatives play in the changing energy landscape.  It is expected to be complete later this year and materials will be available for any of Touchstone Energy’s more than 700 members nationwide to customize for their own marketing materials. Working closely with multiple local electric cooperative employees and member, the campaign will tell the story of opportunities that abound in our cooperative service territories.  

Visit Touchstone Energy's Facebook page for a few photo highlights from production week.

Development Opportunities Abound

Former Shopko Hometown Store
Stanley, Wis.

  • 35,303 square feet on 5.69 acres
  • 1 loading dock, 1 level dock, and a drive-up window
  • 100% sprinkled
  • Built in 2012
  • 205 parking stalls
  • Zoned Commercial
  • Great visibility from Hwy 29;  14,000 vehicles/day traffic count
  • Large geographical trade area
  • Additional Information

Community Development Corner

Economic Development Toolbox
New Business Investment Tax Credits

Tax credits may be available to qualifying investors in new, qualified companies.  Angel Investor and Qualified New Business Venture programs can provide tax credits of up to 25% on qualified investments, assisting new, innovative companies in obtaining the capital necessary to growth their business.  Learn more about the program in your state:

Illinois Angel Investment Credit
Iowa Angel Investor Tax Credit
Minnesota Angel Tax Credit
Wisconsin Qualified New Business Venture

Up to $2M, 0% Interest
Economic Development Financing Available


Up to $2 million in 0% interest rate financing may be available for your next business or community development project through your local electric cooperative.  Funds can be used for business expansion and start-up.  Eligible purposes include real estate, buildings (new and existing), machinery and equipment, and/or working capital.  Community facilities and infrastructure are also eligible purposes.  Loan amounts are determined by overall project scale, local cooperative policies, job creation/retention and other typical loan approval criteria.  Contact your local electric cooperative or Dairyland Power Cooperative's economic development team for more information.  
Economic Development Matters is the quarterly economic development e-newsletter of the Touchstone Energy Cooperatives of the Dairyland Power System.  For more information about us and the community and economic development services that we provide, contact us:

Craig Harmes,                                                   Jenny Kuderer- Radcliffe
Manager - Business Development                    Economic Development Rep. 
(608) 787-1310                                                  (608) 787-1236
Craig.Harmes@DairylandPower.com               Jenny.Radcliffe@DairylandPower.com
 
Dairyland Power is an Equal Opportunity Provider and Employer.
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