Funds invested by two area angel groups were presented to officials with Engineered Propulsion Systems Inc. on Monday at the New Richmond Regional Airport. Pictured (left to right) are John Soderberg, First National Community Bank; Paul Mayer, president of the New Richmond Area Economic Development Corp., representing the New Richmond Angel Investment Network; Steven Weinzierl, vice president of EPS; Dick Rutan, technical advisor for EPS; Michael Fuchs, president of EPS; Peter Marsnik, manager of the Chippewa Valley Investors Network; New Richmond Mayor Fred Horne; and Mike Demulling, New Richmond Regional Airport manager.
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