Three years ago, the village of Prentice got terrible news.

The Caterpillar company planned to shut down a forestry equipment plant there, endangering the jobs of about 200 people.

But a Minnesota-based RITALKA stepped in and bought the plant, saving many of the jobs.

“We know that in a rural setting like Prentice, it’s not just the Prentice town.  It’s a 30-, 40-mile, 45-mile radius around Prentice that you draw from,” said CEO Kevin Wald.

The plant is running steadily with about 75 employees.