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Governor Announces $400,000 Brownfield Grant to City of Shawano
For Immediate Release: April 25, 2008 Project to create 31 jobs MADISON - Governor Jim Doyle announced today that the City of Shawano will receive a Blight Elimination and Brownfield Redevelopment (BEBR) grant of $400,000 to help redevelop an unoccupied and underutilized downtown site. "The cleanup and safe reuse of brownfield properties is about more than just renewing damaged or vacant land, it also helps spur additional reinvestment in these communities over the long haul," Governor Doyle said. "I'm pleased to announce this grant that will help revitalize downtown Shawano and create jobs." The City of Shawano plans to redevelop the former ThedaCare Clinic and sell the property to Cooperative Resources International, Inc. (CRI). CRI is expanding its operations and will convert the 44,000-sq.-ft. space into the company's international headquarters. CRI is an international leader in cattle breeding genetics technology and assists producers with bovine reproduction, herd management, livestock marketing, and food testing. The company plans to create 31 full-time positions within five years of moving to its new headquarters. Total investment is $1,658,480. Commerce's BEBR Program provides grant funds to municipalities, local development corporations, and the private sector to support assessment, remediation and return of contaminated lands to productive use. Brownfields are abandoned, idle, or underused industrial or commercial properties where redevelopment is hindered by real or perceived contamination. For more information about the Brownfields Program, contact Jason Scott, Department of Commerce, at 608/261-7714. -30- |
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