Biznotes

Community Bank Delavan is the largest financial institution in Delavan. Opened in 1996 with $5 million in capital, the bank has grown to $154 million by fiscal year-end 2003. It has full-service locations in Sharon and Clinton.
Marquette Paper has opened a 40,000-square-foot, full-service paper warehouse, distribution facility and customer service center at 12855 W. Silver Spring Dr. in Butler.
Marquette Paper is a printing and digital imaging paper distributor with its origin dating back to 1919 in Chicago. Marquette was once a part of the Milwaukee market known as Nackie Paper and Jim Walter Papers, before the consolidation of paper distributors in the 1980s.
Marquette’s target market is large commercial printers, end users, digital copy centers and private schools.
Michael J. has formed Francis Investment Counsel LLC. The new firm is a registered investment advisor.
The Francis team recently resigned from Smith Barney Inc., a division of Citigroup Global Markets Inc., where it was one of the firm’s retirement plan consulting practices, providing consulting services to plans with assets exceeding $1 billion and employee education services to more than 30,000 401(k) plan participants.
Francis brings to his new venture his entire team of seven people from Smith Barney. Kelli Send, a 14-year veteran of Smith Barney, is a minority owner of the new firm. Send heads up the firm’s 401(k) participant education efforts. Joseph J. Topp, CPA, also joined Francis Investment Counsel as vice president. Topp is responsible for new business development and the provision of investment consulting services.
Wisconsin Automatic Doors, New Berlin, is under new ownership. Founded in 1970, the company is a distributor of commercial automatic doors and security entrance systems. Mary Klapperich and Jack Madderom purchased the corporation April 1, with Klapperich serving as president and Madderom as vice president.
Klapperich is the former CFO, vice president and part owner of Central Ready Mixed Concrete, and was also a commercial lender at the former First Wisconsin Bank.
Madderom was the owner of Central Ready Mixed Concrete.
May 14, 2004, Small Business Times, Milwaukee, WI