Wednesday . November 13 . 2019     |      Search

Entries for October 2016

31

(Rock County, WI)  According to the quarterly release of the 2016 Rock Ready Index, Rock County’s economy continues to exhibit steady growth characteristics. Highlights from the Q3 report include the following:

Unemployment rates continue to push toward historically low levels. With steady demand for Healthcare and Transportation & Material Moving positions, as demonstrated by another quarter where over 20,000 regional jobs were posted, employers are continually facing a dynamic retention / recruitment environment. As businesses deploy new strategies to elevate their employer of choice status, they are reminded to leverage the resources available through www.JobsInRockCounty.com. During this platform's first six months, it has recorded almost 80,000 page views and generated online traffic from nearly every U.S. state.

Rock County’s residential market continues to surge upward, as Q3 2016 set another record pace. With the average sale price of single-family homes approaching $153,000 and where transactions have only been limited by supply versus demand, all indicators suggest the residential market is operating at peak capacity.

Meanwhile, the area’s cash registers continue to ring very strong - as Q3’s collections of $3.30 Million represents one of the strongest quarters on record. Since 2014, the County’s collections have pushed beyond the $3 Million benchmark eight out of 11 consecutive quarters. If these collections maintain their pace, there is a strong likelihood that year-end collections might reach a new historic level of $13 Million. 

Energy consumption, as measured by the number of meters and usage, continued to reflect economic and seasonal influences. Based on feedback from a various stakeholders, an overwhelming majority of area firms are operating at or near pre-Great Recession levels.

Toledo Molding Die, Inc. (TMD) a supplier to the Fiat Chrysler Belvidere (Jeep Cherokee) Assembly Plant, is this quarter's featured Project Profile. TMD is scheduled to begin staffing-up their Beloit operation Q1/Q2 2017, which will be housed in a 105,000 SF spec building that Hendricks Commercial Properties developed. This attraction project exemplifies the pivotal, as well as collaborative, role played by the public and private sectors with respect to impactful economic development activities. 

The Rock Ready Index (RRI) is a quarterly economic development dashboard compiled and distributed by the Rock County Development Alliance. The RRI covers four topical areas: Workforce (Job Postings and Unemployment Rates), Real Estate (Residential, Commercial or Industrial) Trends, Sales (Tax Collection) Activities and Energy Consumption (Meters & Usage). Each Index also includes a Project Profile section, which highlights project specific news during a given quarter.

For additional information, visit www.RockCountyAlliance.com.

[Read the rest of this article...]

Actions: E-mail | Permalink |
19

(Madison, WI) State Collection Service, Inc., a full-service accounts receivable management solutions provider -  who has a facility in Beloit, WI - announced its recent selection as one of the Best Places to Work in Collections for 2016.  

MORE INFO

[Read the rest of this article...]

Actions: E-mail | Permalink |
13

(Beloit, WI) 

Today, during Wisconsin Business Development's (WBD's)  6th Annual Friends of Small Business Luncheon, Western Container Corporation will be honored with the 2016 WBD Small Business of the Year.Award. 

This award recognizes small businesses for their achievements on a number of fronts, such as growth, job creation and a host of other metrics too.

“Our mission is to grow businesses, create jobs and build communities and this annual event is our opportunity to showcase some of the tremendous business successes that inspire us. It is our time to showcase what these entrepreneurs are doing to make our economy and our communities better,” explained Dan Schneider WBD President/CEO.

“I am honored, but the credit here goes to many people on my team. We are focused on meeting the needs of our customers, expanding our capabilities and growing our business," said Jeff Perigo - Owner/President of Western Container Corporation.

Western Container Corporation is a progressive manufacturer of custom tape, label, and film cores; protective packaging and mail tubes; and composite can applications. With strong global manufacturing and commercial printing relationships, Western Container is recognized for is production quality and its commitment to customer service.

[Read the rest of this article...]

Actions: E-mail | Permalink |
11

(Beloit, WI) Clint Wolf, Beloit Daily News               

Beloit Health System has met the quality standards in regards to knee and hip replacement to qualify for a program that ensures quality service and price considerations for area employees.

MORE INFO

[Read the rest of this article...]

Actions: E-mail | Permalink |
05

(Beloit, WI) Hillary Gavan, Beloit Daily News

Community Action, Inc. of Rock and Walworth counties is expanding its programs to include a young adult center in Beloit.

MORE INFO

[Read the rest of this article...]

Actions: E-mail | Permalink |
03

(Beloit, WI) Zac Bellman, Beloit Daily News

A state-of-the-art career center dubbed Hendricks CareerTek soon will be settling in the Ironworks campus, which developers promise will bring career development, education and opportunities to youth in the Greater Beloit Community.

MORE INFO


[Read the rest of this article...]

Actions: E-mail | Permalink |

5.0 UPDATES

For additional Rock County 5.0 information, click on the listings below and/or send an email to info@rockcounty5.com

Q3 2011

Q2 2011

Q1 2011

Q4 2010

Q3 2010

Q2 2010

Q1 2010

Q4 2009