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St. Croix EDC names top businesses for 2008

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Jeremy Price, president of St. Croix Economic Development Corp., announced the EDC's selection of the following companies as recipients of the 2008 Business of the Year awards in St. Croix County.

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  • BOH Electronics Inc. of North Hudson won the Emerging Business of the Year (based in St. Croix County and in business for five or fewer years).
  • K-Sun Corp. of Somerset won the Small Business of the Year (29 or fewer employees).
  • Derrick Companies of New Richmond won the Business of the Year (30 or more employees).

    "The 2008 winners reflect the depth and diversity of businesses in St. Croix County," said Price. "All three businesses are innovators in their respective field. Even with the difficult economic conditions, BOH Electronics, K-Sun Corporation and Derrick Companies are rising stars in St. Croix County."

    The companies will be honored at an awards banquet Thursday, Feb. 19, at R&D Banquet Hall (southeast corner of Hwy. 65 and County G in New Richmond).

    BOH Electronics

    BOH Electronics was formed in June 2005 by Ben Hanke. The company manufactures wire harnesses and provides custom cable and wire harness assembly to a variety of customers in technology-based industries, including medical, automotive, industrial, aerospace, military and radio frequency. Integrated cable harnesses and electro-mechanical assemblies are supplied according to strict customer specifications.

    BOH's services include in-house design and prototyping, testing, custom manufacturing, technical support and custom packaging.

    In 2006, following a stint in Hanke's garage, BOH leased 3,000 square feet of space in the railroad shop yard in North Hudson. An additional 3,000 square feet was leased in 2007. In November 2008, Hanke purchased the 17,000-square-foot facility at 230 Monroe St. N. in North Hudson. Over the next six to nine months, plans will be finalized to restore the historic elements of the facility.

    Sales and employment continue to grow for BOH Electronics. Five new jobs were created in 2008, bringing the employment count to 15 plus several cottage industry workers involved in piecework and light assembly.

    The company's Web site is www.bohelectronics.com.

    K-Sun Corp.

    K-Sun Corp. is a unique source of custom labeling, marking, signage, and industrial identification solutions. These are accomplished through several exclusive electronic labeling machines, software and supplies.

    K-Sun Corp. celebrated its 30th year in the St. Croix Valley in 2008. The company was founded in 1978 in Stillwater, Minn., by Mike Kasun. In the early years, the company was a supplier of replacement cards for the Kroy labeling machine.

    The company moved to Somerset in 1997 after the construction of a new facility in the Somerset Industrial Park. Over time, K-Sun has transformed into a manufacturer and supplier of computer-compatible and standalone portable and desktop electronic labeling printers, as well as a developer of industrial signage software and manufacturer of specialty coated supplies for various printers.

    Key business strategies for K-Sun are agility, adaptability and rapid response to when market demands and opportunities arise. The company's Web site is www.ksun.com.

    Derrick Companies

    Derrick Companies was started by William H. (Bill) and Mary Ann Derrick in 1967 as Derrick Construction in the basement of their rural New Richmond home. A remodeling job and a new home built by Derrick and three employees were among the company's initial projects during the first year of operation.

    Today, Derrick Companies and its development affiliates build approximately 100 projects annually in over 20 communities and two states within 100 miles of its corporate offices in New Richmond. In 1990 Bill "retired" to become chairman of the board, and his sons William M., Ron and Tom, and partner Mike Stevens took over active operation of the business.

    In January 2003 the company restructured into Derrick Companies, a family of companies involved in land development, residential building and commercial/industrial general contracting.

    The company's Web site is www.derrick built.com.

    This is the 15th annual business recognition program for St. Croix EDC. The EDC was created in 1993 as a private, not-for-profit organization that operates as an independent economic development arm of St. Croix County. Reflective activities include business retention, expansion, recruitment, new business start-ups and legislative advocacy.

    For additional information contact William Rubin at (715) 381-4383.

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