Business update: Progress Lakeshore seeks nominees
Progress Lakeshore seeks award nominees
Progress Lakeshore is seeking nominations for businesses and individuals to honor as part of its Sixth Annual Excellence in Economic Development Awards Breakfast. The breakfast will be from 7 to 9 a.m., May 3, at Holiday Inn in Manitowoc.
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Nominations are being sought for the Entrepreneurial Achievement Award, Neighborhood Development Award, Corporate Investment Award and Economic Accelerator of the Year Award.
Nominations are due by March 3 and are being accepted online. Go to progresslakeshore.org to submit a nomination, register for the event or to view available sponsorship opportunities.
For more details, contact Progress Lakeshore at 920-482-0540.
Orion honored for market adaptability
Orion Energy Systems, Inc., the Manitowoc-based designer and manufacturer of LED retrofit lighting systems, was honored Feb. 23 at the Manufacturer of the Year Awards Program.
Orion, which received the award for market adaptability, was one of seven winners.
Other winners included Grand Award recipients General Plastics of Milwaukee in the small category, Hydro-Thermal Corporation of Waukesha in the medium category, Mortara Instrument, Inc., of Milwaukee in the large category and Greenheck Fan Corporation of Schofield in the mega category; and Sargento Food, Inc., of Plymouth for community stewardship and Midwest Prototyping of Blue Mounds for emerging technology.
The awards are presented by Wisconsin Manufacturers & Commerce, the largest business association in Wisconsin.
County Bancorp increases cash dividend
County Bancorp, Inc., parent company for Investors Community Bank, announced that on Feb. 21, its board of directors increased its quarterly cash dividend by 20 percent, from $0.05 to $0.06 per share.
The dividend will be payable March 24 to shareholders of record on March 10.
Timothy J. Schneider, president of County Bancorp, Inc., and CEO of Investors Community Bank, said: “We are pleased to announce the board’s decision to increase our quarterly dividend, which reflects our strength and confidence in the future and reinforces our continued focus on expanding our market presence and enhancing shareholder value.”