Manufacturing Odds & Ends

World Trade Center Wisconsin in global spotlight

The World Trade Center Wisconsin, a member of the New York-based World Trade Centers Association, an international nonprofit organization dedicated to improving the business climate in the cities in which it does business, was recently the subject of the cover story of World Trade Center, an international magazine published by The Financial Times in Germany. The publication is a partnership of the major World Trade Centers in Germany, and headquartered at the World Trade Center Cologne, Germany.

The magazine is distributed to hotels, airport lounges and business clubs around Europe and is also available on newsstands.

SBA opens disaster center for Wisconsin business owners

The U. S. Small Business Administration (SBA) has opened a Business Recovery Center to help businesses impacted by the severe storms, tornadoes and flooding this summer. The center is located at 10310 W. Watertown Plank Road, Wauwatosa. It is open from 8 a.m. to 5 p.m., Monday through Friday.

"Due to the amount of physical and economic losses caused by the flooding in Wisconsin, we want affected businesses to have a resource where they can meet individually with SBA representatives and find out how a low-interest disaster loan can help them recover," said Frank Skaggs, director of SBA Field Operations Center East.  

Businesses of any size and non-profit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.

The SBA also offers mitigation loans to disaster victims based on 20 percent of the verified physical loss. These funds are designed to help borrowers pay for protective measures to protect or minimize damages of the same kind in the future.

For small businesses, and private non-profit organizations of all sizes, the SBA offers Economic Injury Disaster Loans to help meet working capital needs, such as ongoing operating expenses. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage. Interest rates can be as low as 4 percent for businesses with terms up to 30 years. Loan amounts and terms are set by the SBA and are based upon each applicant’s financial condition.

Beta-Kramer files for 100th patent

Sturtevant-based Beta-Kramer, a Ruud Lighting company, recently filed its 100th patent application for an off-axis total internal reflection nanooptic, a patent that allows its KramerLED lighting series to deliver more efficient, controlled lighting.

"Our team of world-class engineers is committed to harnessing the benefits of LED technology into effective optical and fixture designs," said Beta-Kramer president Al Ruud. "This significant milestone exemplifies our role in setting the industry standard for continuous innovation of industry leading LED luminaires."

BetaLED, a brand of Beta Lighting and KramerLED, a brand of Kramer Lighting, were established to dedicate resources to the emerging use of LED technology for exterior and interior applications. Beta-Kramer Lighting, a Ruud Lighting company, provides the lighting market with high-quality, specification-grade luminaires for exterior and interior lighting applications.

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