Success Stories

Jagemann Stamping Company is a third-generation family-owned manufacturing business founded in 1946 by the grandfather of CEO Tom Jagemann. It is a leading maker of deep drawn, progressive, and fine blanked stampings. In September 2000, Jagemann Stamping moved to a 172,000 square-foot, state of the art manufacturing facility in Manitowoc. It was able to improve efficiency and diversify its product offerings to its growing customer base by expanding and upgrading its presses.

Like many manufacturers, Jagemann experienced challenging times during the recent recession and found the debt associated with the new facility a burden in light of decreased sales. In 2012, Tom Jagemann and company President Ralph Hardt saw an opportunity to refinance the existing real estate and equipment debt and restructure the company's balance sheet through use of the SBA’s Temporary 504 Refinance program.

This crucial step enabled the firm to access significant working capital and further... Read More

Debbie Hamedi, Owner Electro-Connect Inc

Electro-Connect Incorporated benefits from hard work, unique strategy and SBA counseling.  When it comes to running her company, Debbie Hamedi is not afraid of a little competition.

“We shine best with projects others shy away from tackling,” Debbie said.

Debbie and her husband, Hassan, are the owners of Electro-Connect Inc., a contract manufacturing company that specializes in complex medical and industrial electronic assemblies. Electro-Connect began more than 25 years ago with a single order.  Production took place in the basement of the Hamedi’s home.

That single order spawned an innovative company that has produced products for NASA’s space station and developed anesthetic gas monitors for use in operation rooms.

“In a nutshell, we’re reinventing the product development process,” Debbie said.

In order to better complement Electro-Connect, Debbie and her husband founded an engineering firm: D&H Global Enterprises. Through D&H, the... Read More

Region V Administrator, Markowitz at Anguil

Anguil is the 2013 SBA Wisconsin and Region 5 Jeffrey Butland Family-Owned Small Business Award winner. Anguil Environmental Systems is a family-owned business that has transitioned very successfully to second-generation management.  Gene Anguil started the business in the 1970s, and with his eldest son, Jeff, developed a line of air pollution control products to help manufacturers meet EPA-mandated emission standards.  With Gene’s manufacturing and engineering acumen and Jeff’s sales vision, the company flourished and had reached $10 million in sales when it hit a crisis point.

Jeff’s tragic illness and death in 1992 brought the firm to a time of transition and difficulty as sales slumped. Gene turned again to his family, daughter Deb and son Chris, to ask for their help in re-focusing the business. Both were well suited to the challenge, with Deb drawing on her MBA and sports competition background to take on operating the business; while Chris was made Vice President of... Read More

Couple Brings New Life to Racine Business With SBA, WBC, and Local Assistance

When Christine and Dick Burt were seeking a new business, they saw an opportunity to save jobs and grow a company in Racine. In 2010, they started a manufacturing company specializing in vinyl heat sealing and named their business Altus Vinyl. Altus is Latin for 'noble', which expressed their aspirations for the company. Altus received an SBA 7(a) loan and a microloan from SBA resource partner WWBIC to fund a business expansion.  They also worked with the Racine County Economic Development Corporation.

Altus Vinyl LLC offers capabilities in heat sealing products and can provide added customized features such as foil stamping, debossing, screen printing, and magnetics. Customer service is a hallmark of their work.

By 2012, the business had grown from 5 to 12 employees, many of whom had previously worked in the industry and had been laid off prior to Altus opening its doors. Sales had grown by 62%. Thanks to its recent expansion, Altus is positioned for future growth.... Read More