Price County Offers Many Business Resources
Our communities offer attractive industrial parks, business
districts, and financial assistance for businesses, whether
small, large, start-up, or well-established.
INDUSTRIAL PARKS & BUSINESS DISTRICTS
Ogema
The Village of Ogema has
land designated for industrial
development. For more
information, please call 715-
767-5579.
You may also contact an
Ogema Area Industrial
Development Corporation
board member:
Fred Stromborn, P.O. Box 646, Ogema, WI 54459, 715-
767-5461
George Blomberg, N2134 State Road 13, Ogema, WI
54459, 715-767-5579
George Swanson, W2791 Risberg Road, Ogema, WI
54459, 715-767-5845
Park Falls
The City of Park Falls has two developed industrial parks,
which help fulfill their mission to "bridge nature with
industry.” The city also has two Tax Incremental Financing
Districts (TIF). Depending on the nature of the project,
there are many sources of assistance and funding.
These industrial parks are conveniently located adjacent to
Highways E & 13 and are within 4 miles of the Municipal
Airport. Current sites are zoned for commercial, light
industrial, and manufacturing. For more information,
please call 715-762-2436 or visit the websites of the City of
Park Falls or the Park Falls Area Community Development
Corporation.
Phillips
The City of
Phillips has
both an
industrial
park and a
business
park. A
wide
variety of industrial and manufacturing companies are
located in the industrial park, which is adjacent to the Price
County Airport. Phillips' business park features lots that
are adaptable to a variety of business needs. Water, sewer,
electricity, and natural gas are provided to both. For more
information, please call 715-339-3223 or visit the website of
the Phillips Industrial Development Corporation.
Prentice
The 80-acre
Prentice
Industrial
Park is
adjacent to
the village's
airport
with a 3,250
foot paved
runway and medium intensity runway lights. The
industrial park's infrastructure also includes an extended
aeration wastewater treatment plant and Xcel Energy's
natural gas and electric power with capacity for future
expansion. For more information, please call 715-428-2124
or visit the website of the Village of Prentice.
You may also contact a Prentice Area Industrial
Development Corporation board member:
Dale W. Heikkinen, President, 1711 Washington
Street, P.O. Box 108, Prentice, WI 54556, 715-428-2001
(phone), 715-428-2700 (fax), 715-360-2000 (mobile)
Russ Kapitz, Secretary/Treasurer, 933 Maple Street,
Prentice, WI 54556, 715-428-2861
Stanley Lach, Director, 840 County Road A, Prentice,
WI 54556, 715-428-2558
Leo Moritz, Director, 817 Apple Street, Prentice, WI
54556, 715-428-2917
Larry Foltz, Director, 815 Railroad Avenue, P.O. Box
166, Prentice, WI 54556, 715-428-2350 (phone), 715-
428-2351 (fax)
“As a CPA, I have had an opportunity to start my
own practice in Phillips and to assist many other
businesses throughout all stages of their
development.
The one thing that stands out time and time again is
how welcoming and supportive the community is
with patronizing the local businesses, wanting to see
them grow and thrive.
Values, industriousness, community support, and
spirit make up the mindset of the community.
Opportunities for growth and expansion abound in
this climate. I see areas that need to be filled in
trades, retail, & industry and a community that is
ready & willing to lend their support.”
Davette Lynne Hrabak, Phillips
FINANCIAL RESOURCES
Revolving Loan Fund (RLF)
These funds assist local entrepreneurs with start-up or
expanding business ventures. The regional and local RLFs
provide gap financing to encourage investment, facilitate
the creation of permanent year-round jobs, encourage
retention and expansion of existing businesses, attract new
businesses, and encourage development of modern
industrial technology. For more information, please call
715-744-4700 or visit the website of PFACDC.
The Xcel Energy Loan Fund
Xcel Energy is committed to being a valuable partner to the
businesses in the communities they serve. Xcel offers a
variety of programs and services for expanding companies
or new industries wishing to relocate in their service area.
Recognizing that each business is unique, Xcel Energy
offers customized programs designed to help businesses
and communities grow. For more information, call Xcel
Energy's Economic Development Department at 715-836-
1106 or visit the website of Xcel Energy.
Financial Institutions
Price County banks and credit unions offer a wide variety
of finance plans to serve the needs of new and existing local
businesses, as well as businesses relocating to Price County.
For more information, call 715-744-4700.
Brantwood
Brantwood Credit Union, W1508 U.S. Hwy. 8,
Brantwood, WI 54513, 715-564-2232
Prentice
Community Financial Bank, 450 Center Street, P.O.
Box 115, Prentice, WI 54556, 715-428-2801
Heritage Credit Union, 1125 Town Street, Prentice, WI
54556, 715-428-2031
Park Falls
Associated Bank, 1156 4th Avenue South, Park Falls,
WI 54552, 715-762-2421
Forward Bank, 110 2nd Avenue North, P.O. Box 250,
Park Falls, WI 54552, 715-762-2411
Northwoods Community Credit Union, 1224 South
4th Avenue, P.O. Box 369, Park Falls, WI 54552, 715-
762-3208
Phillips
Forward Bank, 366 North Lake Avenue, P.O. Box 9,
Phillips, WI 54555, 715-339-3223
Heritage Credit Union, 114 South Avon Avenue,
Phillips, WI 54555, 715-339-3052
Prevail Bank, 204 North Avon Avenue, Phillips, WI
54555, 715-339-2128
Northwest Regional Planning
The Northwest Regional Planning Commission (NWRPC)
was created in 1959 by local units of government of
northwest Wisconsin. The commission is a cooperative
venture of Ashland, Bayfield, Burnett, Douglas, Iron, Price,
Rusk, Sawyer, Taylor, and Washburn Counties and the
tribal nations of Bad River, Lac Courte Oreilles, Lac du
Flambeau, Red Cliff, and St. Croix.
The NWRPC operates four different loan funds: the
Northwest Wisconsin Regional Economic Development
Fund, the Northwest Wisconsin Business Development
Corp., the Wisconsin Business Innovation Corp.
Intermediary Relending Loan Fund, and the NWRPC SBA
Micro Loan Revolving Loan Fund. The NWRPC is the
region’s official economic development organization
having access to Community Development Block Grant
(CDBG) funding through the State of Wisconsin
Department of Administration (DOA) and the Wisconsin
Economic Development Corporation (WEDC).
Professional services include preparing state and federal
grant applications, creating local economic development
strategies, advising on the creation of economic
development facilities (such as enterprise centers),
facilitating local business expansions, and helping develop
Tax Increment Districts. For more information, please call
715-635-2197 or visit the website of NWRPC.
U.S. Small Business Administration
The SBA helps Americans start, build, and grow businesses.
Through an extensive network of field offices and
partnerships with public and private organizations, SBA
delivers its services to people throughout the United States.
The SBA works in partnership with banks in our area to
provide needed financial options for businesses. For more
information, visit the website of SBA.
Economic Development Tax Credit
The tax credits, which are non-refundable and non-
transferable, must be applied against a certified business's
Wisconsin income tax liability. Eligible activities include
job creation, capital investment, employee training, and
corporate headquarters location. Tax benefits are available
to assist businesses that meet certain requirements and are
located in, or are willing to locate in, Wisconsin. For more
information, visit the website of the Wisconsin Economic
Development Corporation.
“Park Falls offers a favorable business climate
that supports locally-owned family
businesses.”
Chuck Damrow, Park Falls
“St. Croix is the largest manufacturer of fishing
rods in the USA. We’ve been located in Park
Falls since 1954. We currently employ 175
people in our Park Falls facility. I can’t even
imagine doing what we do here anywhere
else…the quality of our workforce is just that
great.”
Paul Schluter, Park Falls
PFACDC
Park Falls Area Community
Development Corporation