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 Economic Development News 
Tuesday, January 15 2019

Minnesota-based financial services company expects to create 180 jobs over three years

Madison, WI — EQ, a Minnesota-based financial services and corporate services company, is establishing operations in Milwaukee—a project expected to create 180 jobs on the city’s northwest side.

The company, established in 1929, provides a range of transfer agent services that enable clients to manage share registers, communicate with shareowners and undertake significant corporate actions—simply and effectively. Formerly known as Wells Fargo Shareowner Services, EQ is part of an international organization that services 23 million shareholders and more than 1,200 clients worldwide.

“Milwaukee is a fabulous city with a talented and diverse workforce. We know that this facility, along with the future staff, will become a strategic asset to our organization as we support our clients in exceeding their goals. We look forward to becoming an integral part of the community,” said Todd May, CEO of EQ.

Posted by: AT 09:37 am   |  Permalink   |  Email
Wednesday, December 12 2018

Madison, WI — Stella & Chewy’s, a natural pet food company, is expanding its manufacturing facility and headquarters in Oak Creek – a project expected to create 82 new jobs and a $30 million capital investment over the next three years.

“Stella & Chewy’s is a great example of how businesses of all industries are thriving and growing in Wisconsin thanks to our positive business climate and dedicated workforce,” said Governor Scott Walker. “Companies have many options in deciding whether to expand, and we commend Stella & Chewy’s for its continued commitment to Wisconsin.”

“Stella & Chewy’s excellent growth in sales and market share of its high-quality premium pet food products is requiring expanded manufacturing capability,” said company CEO Marc Hill. “The company is proud to call Wisconsin home and excited to expand in the state.”

Posted by: AT 10:31 am   |  Permalink   |  Email
Tuesday, December 04 2018

$56 million project expected to create up to 220 new jobs in southeastern Wisconsin

Madison, WI — The Wisconsin Economic Development Corporation (WEDC), the Village of Menomonee Falls and Leonardo DRS Inc. announced the company will build a new manufacturing facility and offices in Menomonee Falls to accommodate its growing Naval Power Systems line of business—a project expected to create up to 220 jobs in southeastern Wisconsin.

The company will invest $56 million in a new “best-in-class” engineering and manufacturing facility to serve as the focal point for most of its business development and production activities. The facility, expected to open in 2020, will house the design, test and manufacturing facilities for naval and marine power distribution, power conversion, motor controls, drives and automation/control equipment for the U.S. Navy, commercial and international customers.

Posted by: AT 09:48 am   |  Permalink   |  Email
Monday, December 03 2018

$1 million in tax credits to support 100,000-square-foot packaging center expansion

Madison, WI — The Wisconsin Economic Development Corporation (WEDC) announced it is providing Lakeside Foods, a premier supplier of high-quality frozen and canned foods, with up to $1 million in tax credits over three years to support the company’s expansion of its frozen food packaging facility – a $40 million project expected to create 48 new jobs.

A groundbreaking for the expansion was held in July and construction is expected to be completed in mid-2019. In addition to WEDC, the project is also supported by the City of Manitowoc, the U.S. Department of Agriculture and Wisconsin Bank and Trust.

Posted by: AT 01:51 pm   |  Permalink   |  Email
Wednesday, November 14 2018

2.5-million-square-foot campus in Milwaukee Harbor District could create more than 400 jobs

Madison, WI — Komatsu Mining Corporation announced plans to build a new state-of-the-art headquarters and manufacturing campus in Milwaukee – a project with the potential to create more than 400 jobs.

“With a 134-year history in Milwaukee, Komatsu is one of Wisconsin’s oldest employers, and we thank the company for making a long-term commitment to our state with this significant investment, which will position Komatsu for continued growth,” Governor Scott Walker said. “We are pleased to be able to add Komatsu to the growing list of longtime Wisconsin companies that have decided to grow here because of the state’s strong business climate and dedicated workforce.”

Posted by: AT 02:06 pm   |  Permalink   |  Email
Thursday, November 08 2018

$7.4 million expansion in New Richmond expected to create 52 jobs

Madison, WI — Federal Foam Technologies Inc., a leading global supplier in the foam and plastics industry, is expanding its operations at its New Richmond facility – a $7.3 million project expected to create 52 new jobs over the next three years.

“Wisconsin is proud to be home to innovative and forward-thinking companies like Federal Foam Technologies,” said Mark R. Hogan, secretary and CEO of the Wisconsin Economic Development Corporation (WEDC), the state’s lead economic development organization. “This project marks the latest example of companies choosing to establish or expand operations in Wisconsin because of our positive business climate and dedicated workforce.”

Posted by: AT 10:52 am   |  Permalink   |  Email
Friday, October 12 2018

$12.7 million expansion will create 136 jobs

Madison, WI — Zendesk, Inc., a customer engagement platform, is expanding its operations in Madison and establishing a Midwest regional hub—a project expected to create 136 jobs over the next three years.

“Companies have a choice when deciding to expand, and Zendesk’s decision to establish a regional hub in Madison is a testament to Wisconsin’s strong business climate and dedicated workforce,” said Tricia Braun, deputy secretary and chief operating officer of the Wisconsin Economic Development Corporation (WEDC), who joined company and community leaders today in a grand opening on West Main Street. “This investment will allow Zendesk to position itself for continued growth and success, and at the same time, create family-supporting jobs in the Madison area.”

"Since our earliest days in Madison, the city has felt like a second home for Zendesk," said Mikkel Svane, Zendesk CEO and founder. "It offers a vibrant tech and business community, an abundance of talent, and a culture that supports our growth in the region and globally.”

Posted by: AT 10:08 am   |  Permalink   |  Email
Wednesday, September 26 2018

Worldwide leader in outdoor maintenance equipment increasing capacity in Monroe County

Madison, WI — The Toro Company, a leading worldwide provider of outdoor maintenance equipment and irrigation and professional lighting solutions, is expanding its facility in Tomah. The project will add 180,000 square feet to its facility and is expected to create 35 new jobs.

“Companies have a choice when they are looking to expand, and we’re pleased The Toro Company has chosen to make this investment right here in Wisconsin,” said Governor Scott Walker “The new jobs and capital investment this project will bring to Tomah underscores Toro’s continued commitment to the state and our workforce.”

Posted by: AT 08:52 am   |  Permalink   |  Email
Wednesday, September 12 2018

Madison, WI — Wisconsin Economic Development Corporation (WEDC) Deputy Secretary and Chief Operating Officer Tricia Braun has been named one of the top economic development officials in North America by a national consulting firm.

Consultant Connect, a consulting agency designed to bridge the gap between economic developers and site consultants, this week named Braun to its list of “North America’s Top 50 Economic Developers” for 2018.

“This annual list is designed to acknowledge the hard work of the top leaders in this field and elevate the conversation around economic development and job creation,” said Ron Kitchens, managing partner of Consultant Connect. “Each of the leaders represented on this year’s list is beyond deserving of this recognition for their efforts in building our communities.”

Posted by: AT 10:40 am   |  Permalink   |  Email
Friday, September 07 2018

Company says business climate, workforce are key reasons why it’s growing in Wisconsin

Madison, WI — Nolato Contour, a plastics manufacturer, is expanding its facility in St. Croix County – a $17.9 million project expected to create 62 jobs over the next three years.

“Nolato Contour is a global leader in manufacturing plastics, and we applaud the company for its continued investment and commitment to the State of Wisconsin,” said Governor Scott Walker. “This growth is great news for the entire region, and the expansion will position the company for future success right here in Wisconsin. This is another example of a Wisconsin business that has chosen to grow in our state because of our outstanding business climate and dedicated workforce.”

Posted by: AT 01:26 pm   |  Permalink   |  Email
Monday, August 06 2018

$60 million in tax credits to help support new paper mill expected to create 200 jobs

Madison, WI -- The Wisconsin Economic Development Corporation (WEDC) announced it is providing Green Bay Packaging with $60 million in tax credits over 12 years to support the company’s plan to build a new paper mill in Green Bay – a project expected to create 200 jobs.

Governor Scott Walker recently joined company officials and community leaders to announce the construction of a new recycled paper mill and an expansion of the Green Bay shipping container division. Green Bay Packaging’s $500 million investment will be one of the largest economic development projects in state history and the largest ever in Brown County.

“This project will provide an economic boost to Green Bay, the region and the entire state,” said Mark R. Hogan, secretary and CEO of WEDC, the state’s lead economic development organization. “WEDC is proud to support this company’s investment in Wisconsin and the many family-supporting jobs it will bring with it.”

Posted by: AT 11:29 am   |  Permalink   |  Email
Wednesday, April 25 2018

Global manufacturer expected to create 125 jobs as it expands its iso-thermal forging and heat-treating capacities to meet demand from aerospace customers

Cudahy, WI — Allegheny Technologies Incorporated (ATI), a global manufacturer of technically advanced specialty materials and complex components, is expanding its operations in Cudahy with a $95 million project expected to create about 125 jobs and help the company meet the growing demand from the aerospace jet engine market.

ATI now has three iso-thermal presses at its Cudahy iso-thermal forging center of excellence and is adding a fourth, along with additional heat-treating capacity, to meet growing aerospace market customer demand. The project will take about three years to complete and fully qualify for aerospace-related production.

Posted by: AT 08:47 am   |  Permalink   |  Email
Thursday, March 29 2018

Manufacturer expects to create 66 jobs with $15 million expansion project

Janesville, WI -- United Alloy Inc. (UAI), a serial production metal fabrication and powder coating company, is expanding its operations in Janesville, a project expected to create up to 66 jobs over the next three years.

The new 100,000-square-foot facility will be located on a 17-acre lot adjacent to the company’s existing building on Kennedy Road. The $15 million project also includes a 7,500-square-foot addition to the current facility and the installation of new equipment at both buildings. The new facility will include an entirely new painting system that would occupy about one-fourth of the building, while the rest of the facility would be use for assembly and loading areas for trucks.

Posted by: AT 09:14 am   |  Permalink   |  Email
Thursday, February 15 2018

Foxconn, HARIBO, Generac among companies that plan to hire new workers to support expansion and new operations

Madison, WI — Nineteen companies in the seven-county metropolitan Milwaukee area are expected to create nearly 15,000 jobs after signing agreements with the Wisconsin Economic Development Corporation (WEDC) in 2017 to expand their operations or build new facilities in the region.

The companies include the Foxconn Technology Group, which plans to hire 13,000 workers in Racine County as part of the state’s largest economic development project ever; Haribo of America, which will bring nearly 400 jobs to Kenosha County; Generac Power Systems Inc. in Waukesha, which plans to add 400 workers as part of an expansion; and Molson Coors Brewing Co., which is adding 150 positions to its facility in Milwaukee’s Miller Valley.

Posted by: AT 10:16 am   |  Permalink   |  Email
Thursday, October 12 2017
Wisconsin-Based Mitchell Metal Products Wins First National Reshoring Award

Photo caption: Reshoring Initiative President Harry Moser presents National Reshoring Award to Tim Zimmerman of Mitchell Metal Products in front of the award-winning cultivator handle subassembly.

Cleveland, WI — Mitchell Metal Products of Merrill, WI has received the first National Reshoring Award in recognition of the company’s success bringing manufacturing back home to the United States. The award, given by The Reshoring Initiative and the Precision Metalforming Association (PMA), honors a company that has effectively reshored products, parts or tooling made primarily by metal forming, fabricating or machining.
Mitchell Metal Products was selected after using reshoring to complete more end products with less lead time. In 2016, the company manufactured a cultivator handle subassembly product, increasing the production volume from 4,500 made overseas to 30,000 made in Wisconsin.

Posted by: AT 11:04 am   |  Permalink   |  Email
Friday, September 30 2016

Supplier to Chrysler expected to bring more than 100 jobs to region 

Madison, WI -- Toledo Molding & Die Inc. (TMD), a global supplier of interior and air/fluid management systems to the automotive industry, is establishing operations in Beloit – a project expected to create 118 new jobs. 

The company’s first Wisconsin plant will be located at the Wisconsin Stateline Industrial Park, where it will manufacture molded automotive parts for Jeep Cherokees that will be produced at the Fiat Chrysler Automotive plant in Belvidere, Ill., in early 2017. TMD, which is investing more than $14 million in the project, will occupy a 105,000-square-foot industrial building at the industrial park. 

Posted by: AT 11:19 am   |  Permalink   |  Email
Tuesday, September 27 2016
Direct Supply to Launch Major Expansion of Milwaukee Headquarters

Direct Supply, the nation’s leading supplier of equipment and service solutions to senior-living communities, recently announced a major expansion of its global headquarters in Milwaukee. The expansion is expected to create more than 800 jobs over the next seven years.
The project was supported by WEDC’s Enterprise Zone Tax Credit Program, which will give the company up to $22.5 million in tax credits through 2023, contingent upon job creation and other performance metrics.

Posted by: AT 12:55 pm   |  Permalink   |  Email
Tuesday, April 12 2016

DeForest, WI -- Alberta, Canada-based The Little Potato Company recently announced plans to create a U.S. headquarters in DeForest, Wis. with a $20 million, 130,000-square-foot facility.

The company plans to hire 129 new full-time employees beginning in early 2017 to staff the new facility, which was made possible with the help of $740,000 in Business Development Tax Credits from WEDC and additional funding from the Village of DeForest.

Little Potato considered locations in Michigan and Illinois before choosing Wisconsin for its major transportation and logistics networks and the availability of skilled workers. The site was also pre-certified as development-ready through WEDC's Certified In Wisconsin® Program.

“By locating its U.S. headquarters in DeForest, The Little Potato Company leverages Wisconsin’s strong agricultural history and global leadership in advanced food processing, tapping exceptional educational resources and an unmatched supply chain,” said Mark Hogan, secretary and CEO of WEDC.


Posted by: AT 02:55 pm   |  Permalink   |  Email
Thursday, February 11 2016
Gourmet Foods International to Open Midwest Hub in Kenosha

Kenosha, WI -- Southeastern Wisconsin will expand its food and beverage industry footprint as Gourmet Foods International opens its newest 35,200-square-foot distribution center in Kenosha in March 2016.

The warehouse, located in the Business Park of Kenosha, is the first Midwest location for the Atlanta-based cheese distributor. The new location will allow the company to service the Milwaukee, Chicago and Minneapolis markets, and is the company’s seventh location nationwide.

“Southeast Wisconsin is one of the best locations in the nation for advanced food processers,” said Kenosha County Executive Jim Kreuser. “Gourmet Foods is in good company and we look forward to helping them thrive here.”

Posted by: AT 05:03 pm   |  Permalink   |  Email
Friday, November 20 2015

200,000-square-foot, $33 million office space addition proposed

Milwaukee, WI -- Brookfield-based Milwaukee Electric Tool Co. announced that it plans to build a 200,000-square-foot office space expansion to its corporate headquarters at 13135 W. Lisbon Road and will add 500 jobs.

Milwaukee Electric Tool is planning a $33 million expansion of its headquarters in Brookfield.

Under the company’s plans, a 200,000-square-foot, four-story office building would be built on the campus, adjoined to the current main facility.

Milwaukee Electric Tool currently has 800 employees at its headquarters campus in Brookfield. The company estimates that 300 new jobs would be added in the next three years, and 500 in the next five years.  The majority of these new positions will be focused around engineering and marketing.

Posted by: AT 10:50 am   |  Permalink   |  Email
Monday, August 03 2015

Madison, WI -- Sub-Zero Group Inc., the leading manufacturer of luxury appliances, is undertaking a $62 million expansion of its facility in Fitchburg, Wisconsin—a project expected to bring more than 300 jobs to Dane County over the next three years.

“As we approached this expansion, we reviewed our facility planning to best utilize our resources to meet increased demand and expected growth for the Wolf cooking brand, and to produce our new line of dishwashers under the new brand Cove launching in 2017,” said James J. Bakke, company president and CEO. “We are concentrating on lean state-of-the-art manufacturing practices to ensure our leading edge quality control and flexibility, and to maintain a leadership position in the face of changing market demands and competition.”

The company’s 66-acre Fitchburg campus will expand to 99 acres to accommodate a 400,000- square-foot addition to its current Wolf facility. The Wolf plant will more than double in size to reach 755,000 square feet. It is adjacent to the Sub-Zero Built-in plant and the Westye F. Bakke training center. Construction is now under way and the project is expected to be completed in late 2016.

Posted by: AT 01:58 pm   |  Permalink   |  Email
Monday, July 13 2015

Wisconsin’s presence at Institute of Food Technologists trade show in Chicago puts a spotlight on state’s leading role throughout the sector
Madison, WI -- More than 40 Wisconsin food and beverage companies and related organizations will showcase the state’s strength in the sector at IFT15, the international food industry expo taking place July 11-14 in Chicago.
Wisconsin’s food and beverage sector is responsible for $88 billion in economic activity and more than 89,000 jobs—a 58 percent greater employment concentration in this sector than the national average. The state ranks first in the nation in the production of a variety of foods, including cheese, cranberries, ginseng and snap peas. It ranks in the top five in the U.S. in the production of carrots, milk, potatoes, peas, oats, sweet corn, maple syrup and tart cherries.

Posted by: AT 10:37 am   |  Permalink   |  Email
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