The Business Journal explains how several agencies, lenders and entrepreneurs partnered to move Nature Tech, an insulation manufacturer, from concept to launch in a lower-income Milwaukee neighborhood.
Monday, August 30, 2010
It means a closed printing business will reopen with a new purpose on a reclaimed brownfield site, employ local people, and do something unusual in America these days - - make products - - in this case, cellulose insulation.
Even better, the product is an energy saver that uses locally-generated components and proprietary processes, so the wins keep coming.
Job development in this economy, and in a disadvantaged neighborhood, demands patience and skill and creative partnerships.
Hat tips all around.
(My son Sam McGovern-Rowen is Business Development Director at the Northwest Side CDC.).