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Article: Commentary: Growing Neeco-Tron receives $200,000 loan from St. Louis Business Development Fund
- Article from:
- St. Charles County Business Record
- Article date:
- July 14, 2008
- Author:
CopyrightCopyright 2008 St. Charles County Business Record. Provided by ProQuest LLC. (Hide copyright information)
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It doesn't seem that long ago, but it has been 10 years since
Neeco-Tron Inc. graduated from the St. Peters business incubator
operated by the Economic Development Center of St. Charles County.
The company, still located in St. Peters, designs and makes printed
circuit boards and other electronic controls.
Recently, Neeco-Tron received a $200,000 loan from the St. Louis
Business Development Fund, administered by the St. Louis County
Economic Council. Nick Nibert, Neeco-Tron's president, said his
company will use the money mostly for capital improvements.
With the economy softening, is now a good time to expand
operations? "Anytime you can grow your business is a good time to
expand," Nibert ...