NEWS & EVENTS

TTM Technologies set to buy competitor in $927 million deal

09-24-2014 by Vision 2020

TTM Technologies, one of Chippewa Falls’ largest employers, announced a deal to buy Viasystems. The deal will cost $927 million in cash and stocks and is expected to take place within the next year.

TTM is located on Cashman Drive in Chippewa Falls and they produce printed circuit boards for electronic devices.

Viasystems also produces circuit boards, but they focus on different industries. The purchase will allow TTM to enter the automotive industry, and expand in the aerospace, medical, industrial, and other fields.

The two companies earned a combined $2.5 billion in revenues in 2013.

Mid-State International Trucks celebrates move to Lake Hallie

09-19-2014 by Vision 2020

Mid-State International Trucks of Wisconsin celebrated 50 years in business by moving into their new location on 1189 118th St in Lake Hallie.

The company used to operate two separate buildings in Chippewa Falls and Eau Claire, but now they have moved all employees to the new 36,500-square-foot building.

As part of their grand opening ceremony, Mid-State also donated a van to Chippewa River Industries and REACH, which is a nonprofit organization that provides independence to people with disabilities. The vans will be able to help more than 400 locals with disabilities.

Zacho Sports owners buy nearby building

07-19-2014 by Vision 2020

The owners of Zacho Sports Center have finalized the purchase of the 10,500-square-foot building at 2393 South Prairie View Rd., Chippewa Falls, from Steve Pregent. The facility was previously occupied by Equip Rental and is located directly south of the Zacho Sports operation. 

"Due to recent growth in both the marine and powersports divisions as well as Honda and Yamaha's expanded side by side product offering, the additional space was necessary for continued growth," stated a Zacho Sports Center news release, which added that the relocation of the marine and powersports division will take place this fall after several upgrades are made to the former Equip Rental facility.

Zacho Sports Center is locally-owned and operated by Mike Emberson and Damin Zacho.

Advanced Laser Machining Plans Expansion

03-28-2014 by Vision 2020

 

Advanced Laser Machining Inc. of Chippewa Falls intends to add 30,000 square feet to its current location.  The company, established in 1996, has experienced significant growth during recent yearsand is looking forward to additional capacity at its Chippewa Falls facility. 

Advanced Laser Machining (ALM) is a precision machining and sheet metal fabrication company specializing in high quality, cost-effective fabrications and assemblies. The company serves a diverse group of industries, including automotive, aviation, military, telecommunications, and defense. In addition to its facility on Cashman Drive, the company leases approximately 12,000 square feet at another location within the city. The upcoming expansion will allow the business to consolidate its efforts. “We are excited to move these operations under one roof and have additional room to respond to customer needs” John Walton, President of ALM, said.  

ALM, which currently operates seven days per week, employs approximately 100 local employees. Walton expects the expansion to cost between $2.5 million to $3 million with plans to have the construction completed by this fall.  “When this project is completed, the building will be nearly 70,000 square feet and will have an upgraded look,” Walton concluded.

Cray expanding in Chippewa Falls

03-14-2014 by Vision 2020

Cray Logo

Global supercomputer leader Cray Inc.(NASDAQ: CRAY) announced the opening of the Company's new supercomputer manufacturing facility in Chippewa Falls, Wisconsin.

With the addition of this second facility and with recent upgrades to its existing primary manufacturing site, Cray has roughly doubled its manufacturing capacity. As a result, Cray supercomputers will continue to be made in the same city where Cray was originally founded -- Chippewa Falls.

"For more than 40 years now, we have enjoyed a proud and storied history with Chippewa Falls, and the opening of our new manufacturing facility affirms our commitment to building our supercomputers in a town that is synonymous with Cray," said Peter Ungaro, president and CEO of Cray. "Maintaining direct control of our manufacturing process ensures our systems are built with the highest level of quality that customers expect in a Cray product. It also allows us to test and integrate Cray systems before they are shipped to customer sites, which decreases the time needed to get systems up and running, and puts productive systems in the hands of our customers as quickly as possible."

Ungaro added, "With our expanding portfolio of supercomputing and big data solutions, and more and more customers around the world, it is important that we keep our manufacturing capabilities in line with our Company's overall growth. I am pleased our new facility is now up and running, and producing Cray supercomputers that are proudly made inChippewa Falls."

The new facility is equipped to manufacture Cray's complete line of supercomputing products, including Cray® XC30™ supercomputers, Cray CS300™ cluster supercomputers, the YarcData Urika® appliance, and Cray Sonexion® storage solutions. Cray purchased the building in October 2013 and recently completed significant interior modifications and upgrades. The facility is currently fully operational. Cray systems will also continue to be manufactured at its existing facility, also in Chippewa Falls.