Skyward, a software company that develops programs for school districts, has presented the city of Stevens Point with a $1 million check.
Raymond Ackerlund, Vice President of Marketing & Product Management says the money will be used for infrastructure improvements to help support the location of a new building. Specifically, traffic lights and other improvements to help support the increased traffic that will result from the new building and added employees.
He says the money is an investment back into the community that has supported the growth of Skyward for three decades.
"The community has provided tremendous support for us in everything we've done in past 34 years. We have a great relationship here and a commitment to business growth is a focus for us to help attract other businesses to this area. Our relationship with the university and Mid-State Tech provides us with a quality group of prospective employees as we continue to grow," said Ackerlund during a phone interview with NewsChannel 7 Tuesday.
Skyward projects to add more than 400 jobs over the next 10 years and grow to more than 1,000 total employees by 2023. Groundbreaking on the new building will begin in spring 2015
The money is part of a TIF arrangement, meaning Skyward will receive tax benefits to attract and grow their business.
Skyward is headquartered in Stevens Point, but also has offices in Minnesota, Indiana, Texas, Pennsylvania, and Illinois.
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