Milwaukee keypad maker plans $4.2M investment on building,
Special to the Freeman
MILWAUKEE – Zymox Technologies Inc. is seeking two loans
from the Milwaukee Economic Development Corp. to add up
to eight workers and buy a Milwaukee building it already
The company has 74 workers and occupies a
60,000-square-foot building at 9099 W. Dean Road. The
two loans it is seeking are worth a combined $1.66
million from the MEDC, a city affiliate, to buy the
building for $3.2 million and spend $1 million buying
new equipment, according to an MEDC report.
The registered owner of the building is Jim Barry,
president of Milwaukee-based Cassidy Turley Barry.
Zymox manufactures the flat keypads commonly found on
gas station pumps or microwaves. The majority of its
products are used for industrial and medical equipment.
Its $4.2 million building and equipment purchase
includes $2.58 million in private financing, with PNC
Bank being the primary lender on the project.
The MEDC Loan and Finance Committee will consider the
loan on Tuesday.