TWO RIVERS, WI (WTAQ) - A former manufacturing plant in Two Rivers could house a maker of energy drinks by the end of the year.
Dan Wergin, a co-principal of Paragon Partners, wants to bring in a plant that would make Danny's Deliriously Delicious Coconut Water and Increase Energy drink.
A Manitowoc County review board has approved a ten-year, $250,000 loan to Wergin and a partner to put the new facility in a former Paragon plant.
The city of Two Rivers is considering another loan of three-quarter million dollars, leaving Paragon to put up just over $1 million.
Wergin tells the Manitowoc Herald Times Reporter that Danny's needs extra production capacity.
The beverages are now being produced at a bottling plant in Mexico. Once initial production gets going, Wergin says the facility might have around 200 jobs.
(Story courtesy of Wheeler News Service)