Tuesday, April 02 2019
Wisconsin is well known for the can-do attitude of its people and the history of innovation that established the state as a manufacturing powerhouse and continues to create new solutions to some of the world’s most pressing challenges in health care, food and beverage production, and sustainable energy and water use. The state’s unfettered optimism and continuous drive to produce positive outcomes is reflected in its motto: Forward.
Indeed, it was a combination of Wisconsin’s manufacturing legacy and future vision that drew Foxconn Technology Group to commit $10 billion toward an advanced manufacturing campus that is projected to create 13,000 direct jobs and tens of thousands of indirect jobs in the state. A significant factor in the company’s decision was Wisconsin’s existing supply chain strength coupled with the research and educational infrastructure that will be needed to support an advanced technology ecosystem.
Wisconsin boasts high school graduation rates among the best in the nation and a public university system recognized for the breadth and quality of its programs. The state was also the first in the nation to develop a technical college system, giving Wisconsin 100 years of experience training its workforce to fulfill ever-changing industry demands.
The state’s commitment to maintaining its competitive edge through business-friendly tax and regulatory policies and investments in its people, communities and industries spells opportunity for companies looking to start up, grow and thrive.
Komatsu Builds Upon 134-Year History in Wisconsin
Planned to be completed in 2022, Komatsu’s massive 54-acre project at the former Solvay Coke site will be known as the South Harbor Campus. It represents a major boost for efforts to redevelop Milwaukee’s waterside district, and in a nod to the company’s history, the new campus will be located near its original machine shop.
The initial job count for the campus will be roughly 1,000, including 400 new hires and the company’s 600 current employees. The total employment figure could increase to 1,300 workers over the next decade, according to Komatsu.
The new corporate and manufacturing hub will keep the company, formerly known as Joy Global, firmly planted in the city it has called home for 134 years. Komatsu Mining is part of the global Komatsu Ltd. family of companies, which acquired Milwaukee-based Joy Global in 2017 and renamed it Komatsu Mining Corporation. The company produces industry-leading equipment and service brands like P&H, Joy and Montabert for mining and related industries.
Toro Increases Wisconsin Production Capacity
The company’s expansion includes the purchase of a new paint system that will allow Toro to increase production capacity of existing commercial equipment lines. The Tomah facility manufactures commercial equipment that serves golf courses, sports fields and grounds, and other landscape industries.
Zendesk Establishes Regional Hub in Wisconsin
Zendesk’s Madison office serves as a regional hub, supporting global customer advocacy as well as engineering, sales, customer success, corporate social responsibility, and business and technology operations teams. Many of Zendesk’s regional customers, including Propeller Health and AkitaBox, contribute to the company’s global success and growth.
“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.”
The company’s $12.7 million expansion will focus on growing and enhancing the customer service functions of the company, as well as its capabilities in finance, IT and professional services.
The Right Climate for Growth
“Companies representing a wide range of industry specialization are succeeding in Wisconsin,” said WEDC Deputy Secretary and Chief Operating Officer Tricia Braun. “Underpinning this success are a business climate that promotes growth and prosperity and a collaborative economic development network designed to maximize opportunities for the companies and people who call Wisconsin home.”
Visit http://www.expansionsolutionsmagazine.com/wisconsin_ed for local economic development office directory listings.