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Learn who’s growing, changing, moving and more! Stay on top of what’s new with your neighboring businesses. We share news releases and announcements from your peers in the Madison area. Want to toot your own horn? Use our Submit Member News form to share your own stories.

Photo by Richard Hurd

FPC Live Announces the “Return to Live”

FOR IMMEDIATE RELEASE:
Monday, February 8, 2021

FPC Live Announces the “Return to Live”
A New Breese Stevens Field Series

Madison, WI – February 8, 2021 – FPC Live will be announcing the first artist in their “Return to Live” Series at Breese Stevens Field on Tuesday, February 9 at 9:00am local. The show date is set for Thursdsay, May 6th and is expected to be the kick-off show in the series. This exciting, socially-distanced series will take place throughout the 2021 season and replicate the company’s successful “Around the Bend” socially-distanced concert series in Charleston, South Carolina which hosted 11 concerts in the fall of 2020 with plans for more shows this spring and summer.

“We are thrilled to safely bring live music to Madison,” said Matt Gerding, President of FPC Live. “Our experience in other parts of the country have proven that fans can safely enjoy outdoor live events, and we look forward to bringing shows back to our hometown.”

The “Return to Live” concerts will look different than previous Breese concerts. Reserved, socially-distanced 8 x 8ft pods will be sold rather than individual tickets. Each pod can accomadate up to four guests. Breese Stevens Field normally hosts up to 10,000 fans for concerts; however, current plans for the series have a capacity of 1,512 in the stadium with pods divided among the field and stands. Other safety plans, include staggered entry and exit times, required face coverings, cashless concessions, and more. General information and safety guidelines are available at www.fpc-live.com/madisonreturntolive.

“We are confident in bringing our successful socially-distant concert model to Madison, and we know the community will continue to follow the mitigation steps supported by Public Health Madison Dane County (PHDMC). These efforts work, and we know Madison’s music lovers can count on everyone to mask up and stay safe so we can enjoy live music again this spring and summer,” added Gerding.

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About Frank Productions

Frank Productions (FPC Live) is a full-service concert promotion company involved in every facet of live events including production, logistics, ticketing, marketing, sponsorships, food and beverage, operations, and merchandising. Frank Productions produces and promotes live entertainment events in arenas, amphitheaters, performing arts centers, clubs, and other venues across the country. For additional information, visit www.FPC-Live.com.

Frank Productions (FPC Live) Media Contact:
Matt Gerding, President
matt@fpc-live.com  

Photo by Richard Hurd

Kraus-Anderson completes car dealerships in Mount Pleasant and Bristol, Wis.

RACINE, Wis. (February 2021) – The Madison office of Kraus-Anderson Construction has completed the construction of Racine Honda in Mount Pleasant, Wis., and Kenosha Subaru in Bristol, Wis. Both car dealerships are owned by Home Run Auto Group.

Racine Honda, a new $9.1 million dealership, located at 1701 E Frontage Rd. in Mount Pleasant, was developed by Janesville, Wis.-based M&J Real Estate. The new two-story building replaces the existing dealership at 9501 Washington Ave. The 45,000-square-foot building features a new showroom and a full-service department with 34 bays, including two detail bays and a car wash. The dealership also includes new sales and finance offices and a storage mezzanine.

Kenosha Subaru, located at 7900 120th Ave. in Bristol, features a $1.9 million, 7,300-square-foot expansion that added 11 service bays to the service department and renovated the offices and restrooms.

Both dealerships were designed by Johnsburg, Ill.-based architect R.B. Custom Designs, Inc.

COVID-19: KRAUS-ANDERSON’S COMMITMENT TO JOB SAFETY
As the world continues to deal with and adapt to the unprecedented challenges of the COVID-19 pandemic, Kraus-Anderson’s top priority remains safety. The company has implemented stringent social distancing practices and other elevated safety protocol on construction job sites, details of which can be found at https://www.krausanderson.com/about/kraus-anderson-responds-to-covid-19/.

About Kraus-Anderson
Established in 1897, Kraus-Anderson (www.krausanderson.com) is an integrated construction management and real estate enterprise working independently and in collaboration with a family of companies including insurance and financing operations. Kraus-Anderson, an Equal Opportunity & Affirmative Action employer, is headquartered in Minneapolis, Minn. and has regional offices in Madison, Wis., Bismarck, N.D., and Duluth, Bemidji and Rochester Minn.

Photo by Richard Hurd

Aldevron to Host Virtual Ribbon Cutting for Madison Site

Aldevron recently announced its upcoming virtual ribbon cutting event, which will take place on Wednesday, February 10 at 12:00 PM CST. Its focus will be the company’s investments in key areas, expanding Aldevron’s ability to enable clients’ breakthroughs in the emerging field of genetic medicine, further impacting patients and achieving the company’s mission.

Madison-Virtual-Grand-Opening-News

The lineup of speakers features Matthew Porteus, MD, PhD, who will be sharing a technical keynote on his groundbreaking work on Sickle Cell Disease.

To register for free, visit aldevron.com/ribboncutting.

Photo by Richard Hurd

Multi-Instrumentalist, Vocalist Nicholas Payton Online Performance Added to Wisconsin Union Theater Season

FOR IMMEDIATE RELEASE
Feb. 5, 2021

Contact Information:
Shauna Breneman, Communications Director
Email: sbreneman@wisc.edu
Phone: (608) 262-8862

MULTI-INSTRUMENTALIST, VOCALIST NICHOLAS PAYTON ONLINE PERFORMANCE ADDED TO WISCONSIN UNION THEATER SEASON

MADISON – Multi-instrumentalist and vocalist Nicholas Payton, known as a leading voice in American popular music, will perform as part of the Wisconsin Union Theater season on Feb. 19 at 7:30 p.m. CDT after which he will participate in a question-and-answer session.

Tickets for Payton’s virtual performance cost $10 for University of Wisconsin-Madison students; $17 for Wisconsin Union members, UW-Madison staff and faculty, and students that do not attend UW-Madison; and $20 for all other patrons.

Payton’s performance will include music from his latest album, “Maestro Rhythm King.”

Patrons will experience talent that has been nurtured and honed since Payton first began learning the trumpet at 4 years old. His talent for music became apparent quickly and early in his life. He was recognized as a prodigy before the 1st grade and participated in professional performances by the age of 10. This early talent for music has grown into a career that spans decades and has earned him numerous accolades, including a Grammy Award for Best Jazz Instrumental Solo.

While Payton does not confine himself to specific genres, he works to honor postmodern New Orleans music and the spirit of Black American Music. He established the term Black American Music, also known as #BAM, to represent the breadth of improvisational music created by Black people in the United States.

“Nicholas Payton does not conform to the status quo in life or in his music. His musical talent is vast, but his most interesting and, I’d say, most important talent is how he uses his art for social activism and to make deeper connections to the world we live in,” Wisconsin Union Theater Director Elizabeth Snodgrass said. “Nicholas says art is not just here to make us feel good and to entertain; it’s to help us grow and think critically.”

This event is co-presented by the Wisconsin Union Theater team and the student leaders of the Wisconsin Union Directorate (WUD) Performing Arts Committee. They work together to make dozens of events possible each year.

The Theater strives to make each Wisconsin Union Theater event accessible. Those that need accommodations can reach out to the Wisconsin Union Theater at wisconsinuniontheater@union.wisc.edu

The Wisconsin Union Theater is taking steps to address racial inequalities, including commissioning programming that highlights BIPOC stories. Click here for a full statement on the Theater’s stance and efforts.

The Wisconsin Union Theater presents this event, in part, with the help of financial support from Wisconsin Arts Board funding from the State of Wisconsin and funding from the National Endowment for the Arts.

For more information about this event, click here.

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About the Wisconsin Union Theater

For more than 75 years, the Wisconsin Union Theater has served as a center for cultural activity in the heart of the University of Wisconsin-Madison campus. The Theater hosts performances in multiple locations, including Memorial Union, and has an expansive history of remarkable performances. The Wisconsin Union Theater is part of the Wisconsin Union, a membership organization that blends study and leisure to create unique out-of-classroom opportunities. Learn more about the Theater: union.wisc.edu/wisconsin-union-theater.

About the Wisconsin Union Directorate Performing Arts Committee

The Wisconsin Union Directorate Performing Arts Committee plans and promotes events for the historic Wisconsin Union Theater stages. The student-led committee programs a variety of events to provide a diverse and cultural experience for students, faculty, alumni, community members and visitors. Learn more: union.wisc.edu/get-involved/wud/performing-arts.

[Click here to download a photo of Nicholas Payton. Photo by Jimmy Katz.]

To read this release online, visit union.wisc.edu/about/news/nicholas-payton.

Photo by Richard Hurd

Capitol Bank: 5 Things You Should Know Before Refinancing Your Mortgage

An Interview with Amy Gile-Enge, Senior VP of Mortgage Lending at Capitol Bank
By Natalie Gregerson, Director of Marketing/Officer at Capitol Bank

Beginning in 2020, interest rates fell to historically low levels and millions of Americans rushed to refinance their homes. With mortgage rates expected to remain low in 2021, we want to make sure homeowners have an understanding of the refinance process. We asked Amy Gile-Enge, Senior VP of Mortgage Lending at Capitol Bank, for the 5 things someone should consider before refinancing their mortgage.

1. Amy, how would someone know if they should refinance?

“Refinancing is all about saving money in the long run. It really depends on the remaining balance of your mortgage, the interest rate and the time remaining on the loan. If you are nearing the final years of your mortgage, it may cost you more in closing costs than what you will save with a lower interest rate. On larger mortgage balances or for borrowers with several years of mortgage payments remaining, a slightly lower interest rate will most likely save you enough money in the long-term to make the refinance process worth it.”

2. What kinds of mortgage loans are available when refinancing?

“Aside from low interest rates, a change in situations and circumstances often causes people to refinance, and we have different mortgage loan products to fit varying needs. Commonly, people will refinance from Adjustable Rate Mortgages to Fixed Rate Mortgages. Instead of having an interest rate that can fluctuate, this type of refinance allows for a stable interest rate throughout the life of the loan. Cash Out Refinances are available for certain individuals with a large amount of equity in their home. Capitol Bank has a list of all our mortgage products on our website and we help borrowers determine their best option based on what is available to them.”

3. How much does it cost to refinance?

“Refinancing will involve closing costs. These can include but aren’t limited to: prepaid interest, appraisal fees, recording fees, title fees and administrative costs. Contact one of our mortgage lenders to discuss what types of costs you may incur with refinancing.”

4. When refinancing, how would someone choose the term of the mortgage loan?

“It really depends on your income and what monthly payment you’re comfortable with. A relatively short-term loan will mean you pay less in interest over the life of the loan than with a longer-term mortgage, but it also means your monthly payment will be larger. If you’re more comfortable with a lower monthly payment, a longer-term loan will mean you’ll pay more in interest over the life of the loan, but the lower payment will be more manageable on a monthly basis. In addition, if you find you are able to make extra payments, you’ll save money in interest by paying off your mortgage early.”

5. Amy, you’ve been in mortgage lending for over 25 years. Can you explain, in a nutshell, how the refinance process works for those that may not be familiar?

“First, you would want to contact Capitol Bank, or fill out the mortgage application on our website. At this point, one of our mortgage lenders would contact you to let you know what additional documents are needed, such as tax statements, bank statements and pay stubs. This is part of the underwriting process, something all borrowers must go through to obtain a loan. Once approved, your mortgage lender would contact you to let you know what interest rate, term and mortgage loan type you qualify for. An appraisal may be ordered to determine the current value of your home. Finally, your mortgage lender will schedule the loan closing with you to go through paperwork and collect your signatures. If it seems stressful, don’t worry! Our mortgage lenders have a combined 45 years of experience and will walk you through the process. With currently low interest rates and the large amount of borrowers applying to refinance, you can expect the entire process to take anywhere from 30 to 90 days.”

Contacting Capitol Bank’s Mortgage Team
For questions on current interest rates, refinancing or general mortgage information, please CLICK HERE to connect with our mortgage team. Amy, Howard or Cori will be in touch with you!

All mortgage loans are subject to underwriting approval. Capitol Bank is Member FDIC and an Equal Housing Lender.

Amy Gile-Enge NMLS #586017
Howard Cagle NMLS #593729
Cori Femrite NMLS #594085