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Article: WISCONSIN TICKER Building relationships to fuel future growth First Manitowoc stock rose 38% in March
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- April 13, 2009
- Author:
CopyrightCopyright 2009 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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Back in 1954, Eugene and Evelyn Holly wanted to open a shop to
build kitchen and bathroom cabinets, but they needed money to get
started. Eugene went to First National Bank in Manitowoc to see what
lenders there thought about the idea.
"They were the only bank that would listen to my father's
business plans," said Francis Holly, president of Shoto Corp. in Two
Rivers. "They believed in his mind-set and his mission and said,
'OK, we'll go with him.' "
Since then, both the Hollys' business -- Shoto now makes plastic
laminated components and commercial fixtures for the office
furniture industry -- and the bank have been growing. And Shoto,
today run by children of Eugene and Evelyn Holly, still ...