EDWC recently supported the expansion of Flamingo Marine Inc. with financing made available through the Washington County Impact Loan Fund—helping bring a high-growth manufacturing operation to Germantown, Wisconsin. The project represents a significant commitment to advanced manufacturing in the region and accelerates Flamingo Marine’s growth trajectory.
Expansion Project Details
Flamingo Marine is developing a purpose-built manufacturing facility of approximately 150,000 square feet in Germantown to produce next-generation pontoon propulsion systems and related marine components. The space will support both manufacturing and office operations, with renovations tailored to accommodate a modern, high-efficiency production environment. It will occupy space in the Gateway Business Park
The facility is designed to transition the company from custom, one-off builds to a scalable manufacturing model, incorporating streamlined workflows and lean production principles. Dedicated areas will support welding, CNC machining, electrical assembly, product staging, and final testing—allowing for a seamless, end-to-end production process under one roof.
As a fast-growing company entering a critical scale-up phase, the project required significant investment in equipment, facility improvements, and workforce expansion. Key equipment investments include:
- Precision welding and machining systems
- CNC equipment for component fabrication
- Electrical assembly and testing stations
- Overhead cranes and material handling systems
- Specialized equipment for propulsion system validation and performance testing
The building layout and infrastructure are also designed with flexibility in mind, allowing the company to adapt as marine technology evolves—including future advancements in hybrid and electric propulsion systems. At full build-out, the facility will support more than 100 employees across production, engineering, and operations roles, positioning Flamingo Marine as a central hub for both domestic and international distribution.
The Financing Approach
EDWC administered a loan through the Impact Loan Fund to help close a key financing gap and move the project forward. The financing from the Impact Loan Fund will blend with the Village of Germantown’s “Pay-as-You-Go” TIF Incentive (TID #8).
Impact for the Business
- Accelerated launch of a modern, 150,000-square-foot high-efficiency manufacturing facility
- Access to affordable capital for critical equipment and production infrastructure
- Improved financial flexibility during early-stage operations
- Stronger positioning to scale production and innovate in evolving marine technologies, including hybrid and electric propulsion
Impact for the Community
- Creation of more than 100 quality jobs over the coming years across production, engineering, and operations
- Strengthening of Washington County’s advanced manufacturing ecosystem
- Increased demand for local suppliers, skilled labor, and support services
- Activation of industrial space within Germantown’s Gateway Business Park
- Long-term growth in payroll, tax base, and regional economic activity
- Establishment of a domestic and international distribution hub for next-generation marine propulsion systems
More About the Impact Loan Fund
The Impact Loan Fund is designed to provide low-cost, flexible capital that works alongside traditional financing—helping businesses preserve cash, reduce lender risk, and complete projects that may not otherwise move forward.
As a revolving loan fund, repayments are reinvested into future projects, creating a self-sustaining, long-term engine for economic growth in Washington County.
Why It Matters
EDWC’s Impact Loan Fund exists to turn viable projects into reality—leveraging private investment, accelerating business growth, and delivering measurable community benefit. By filling financing gaps with flexible, low-cost capital, EDWC helps ensure that high-impact projects like Flamingo Marine not only move forward—but succeed.
Flamingo Marine’s new Germantown facility is more than a manufacturing expansion. It is a long-term investment in Washington County’s workforce, industrial base, and economic future.
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