4.635% 504 20 year term, October 2017
4.152% 504 10 year term, September 2017

 

Catalytic Combustion Corporation

November 2015 | Bloomer, WI

 

Catalytic Combustion Corp was founded in 1950 to manufacture air pollution control systems. For the past 20 years the company has been owned and operated by Mark Ruff who has over 27 years of technical and business operations experience working for a number of Fortune 500 companies. Catalytic Combustion provides products  which use their patented technology to reduce the output of volatile organic compounds which are harmful to the environment and its inhabitants. Serving the food service, consumer appliances, non-automotive engines, power generation, gas compression, production painting and printing, pharmaceutical, chemical and a wide variety of other areas, Catalytic Combustion Corp is committed to making the future a little more green with each of the products they provide.

 

In June of 2014, Mark saw an opportunity to expand the largest of his three facilities in Bloomer, WI, which was originally built with bank/504 financing. With the help of a second SBA 504 loan provided by WBD and financing from Bank Mutual, Mark was able to add 45,000 sq feet to the 30,000 sq ft facility. The expansion allowed Catalytic Combustion to replace a 16,000 sq ft leased facility and bring back work they had outsourced to China. It also added 25 new positions to Catalytic Combustion, which is a major employer in a rural community.

 

 

 

Funded

November 2015

 

Owner(s)

Mark Ruff

 

Bank & Lender

Bank Mutual, Rebecca Reinhart

 

Financing

Construction of an addition

 

Jobs Created & Retained

Created 25 jobs

 

Public Policy Goals/Local Development Goals

Aiding rural development (population of Bloomer is 3,500)

 

Project Amount

$3,400,000

 

WBD Contact

Mike Dieckman

 

Mike's Personal Page

 

Email Mike

P: (715) 834-9474

Catalytic Combustion Corp was founded in 1950 to manufacture air pollution control systems. For the past 20 years the company has been owned and operated by Mark Ruff who has over 27 years of technical and business operations experience working for a number of Fortune 500 companies. Catalytic Combustion provides products  which use their patented technology to reduce the output of volatile organic compounds which are harmful to the environment and its inhabitants. Serving the food service, consumer appliances, non-automotive engines, power generation, gas compression, production painting and printing, pharmaceutical, chemical and a wide variety of other areas, Catalytic Combustion Corp is committed to making the future a little more green with each of the products they provide.

 

In June of 2014, Mark saw an opportunity to expand the largest of his three facilities in Bloomer, WI, which was originally built with bank/504 financing. With the help of a second SBA 504 loan provided by WBD and financing from Bank Mutual, Mark was able to add 45,000 sq feet to the 30,000 sq ft facility. The expansion allowed Catalytic Combustion to replace a 16,000 sq ft leased facility and bring back work they had outsourced to China. It also added 25 new positions to Catalytic Combustion, which is a major employer in a rural community.