FOR IMMEDIATE RELEASE
December 26,2017
Contact: Tom Evenson, (608) 266-2839
 
Foxconn, Kwik Trip, Haribo Top List of Wisconsin’s 2017 Economic Development Projects

 WEDC-supported projects expected to create, retain nearly
30,000 jobs across Wisconsin

MADISON – Governor Scott Walker today announced that the Wisconsin Economic Development Corporation (WEDC) had a record year for economic development in 2017 with 59 companies from Wisconsin and around the world agreeing to locate to or expand in Wisconsin. These projects are expected to create or retain nearly 30,000 jobs and result in more than $11.6 billion in capital investment across the state.“When it comes to economic development, 2017 has been a historic year for Wisconsin as global companies such as Foxconn, Haribo and Nestle decided to establish operations in our great state after looking at many other options around the country,” Governor Walker said. “At the same time, many of Wisconsin’s major employers – including Kwik Trip, Generac, Mills Fleet Farm and Johnsonville – announced major expansion plans this year because of our dedicated workforce and the strong pro-business climate we’ve created.”

Not surprisingly, topping the list of projects is Foxconn’s Technology Group’s historic investment in Racine County – a project expected to create up to 13,000 good-paying, family-supporting jobs and generate up to $10 billion in capital investment. WEDC has agreed to provide Foxconn with up to $2.85 billion in tax credits for what is the largest economic development project in Wisconsin history and one of the largest ever in the United States.

The second-largest project of 2017 is Kwik Trip Inc.’s $309 million expansion project in La Crosse that will enable the growing company to meet its current and future capacity needs. The project is expected to create more than 300 new jobs.

Rounding out the top three projects of the year is Haribo’s planned $220 million manufacturing facility in Kenosha County, a project expected to create 385 jobs. WEDC has awarded Haribo up to $21 million in tax credits for the project, which will be the German candy-maker’s first manufacturing facility in North America.

“Each of these companies plays a significant role in continuing to grow the state’s economy by creating family-supporting jobs and investing in Wisconsin,” said Mark R. Hogan, secretary and CEO of WEDC, the state’s lead economic development organization. “2017 was a successful year for WEDC as we assisted more than 300 businesses and communities as part of our mission to advance and maximize opportunities to help them thrive in a globally competitive environment.”

The list is based on all corporate expansion and attraction projects in which contracts between WEDC and the company were executed in 2017. The job projections, estimated project costs and the award amounts from WEDC are based on the requirements set forth in each contract. All WEDC tax credits are performance-based and the amount of credits a company receives is contingent upon the actual numbers of jobs created.

2017 Wisconsin economic development projects

Rank Company Location  County Est. total project cost Type of project Estimated job impact WEDC investment
1 Foxconn Technology Group Mount Pleasant Racine $10.02 billion New advanced manufacturing campus Create 13,000 jobs $2.85 billion in tax credits
2 Kwik Trip Inc. La Crosse La Crosse $309 million Expansion Create 329 jobs $21 million in tax credits
3 Haribo of America Pleasant Prairie Kenosha $220 million New manufacturing facility Create 385 jobs $21 million in tax credits
4 Epicentre Technologies Corp. Madison Dane $148.4 million Expansion Create 20 jobs; retain 114 jobs $750,000 in tax credits
5 Saputo Cheese USA Almena Barron $89.5 million Expansion Create 92 jobs; retain 105 jobs $3 million in tax credits
6 Generac Power Systems Inc. Statewide $86.8 million Expansion Create 400 jobs; retain 1,999 jobs $10 million in tax credits
7 Brakebush Brothers, Inc. Westfield Marquette $86 million Expansion Create 219 jobs; retain 885 jobs $6.5 million in tax credits
8 Great Lakes Cheese Co. Wausau Marathon $84.8 million Expansion Create 125 jobs $2 million in tax credits
9 Mills Fleet Farm Group Chippewa Falls Chippewa $71.7 million Expansion Create 284 jobs $1.5 million loan
10 MilliporeSigma (Merck KGaA Sheboygan Falls Sheboygan $64.1 million Expansion Create 175 jobs; retain 1,177 jobs $1.25 million in tax credits
11 Masters Gallery Foods Inc Oostburg Sheboygan $61.1 million Expansion Create 150 jobs; retain 529 $2.55 million in tax credits
12 U.S. Venture Inc. Appleton Outagamie $58.5 million Expansion Create 214 jobs; retain 489 $20 million in tax credits
13 Gehl Foods LLC Germantown Washington $46.6 million Expansion Create 50 jobs; retain 387 $535,000 in tax credits
14 Schwabe North America Inc. Green Bay Brown $44.9 million Expansion Create 35 jobs $700,000 in tax credits
15 Gold Standard Baking Co. Pleasant Prairie Kenosha $42.7 million New manufacturing facility Create 96 jobs $575,000 in tax credits
16 Electronic Theatre Controls Inc. Middleton Dane $30 million Expansion Retain 787 jobs $1.2 million in tax credits
17 Dynamic Recycling Inc. Onalaska La Crosse $20.6 million Expansion Create 153 jobs; retain 122 $535,000 in tax credits
18 PreventionGenetics LLC Marshfield Wood $20 million Expansion Create 150 jobs; retain 146 $850,000 in tax credits
19 Cintas Corp. Greenville Outagamie $18.1 million Expansion Create 60 jobs; retain 372 $575,000 in tax credits
20 iMark Molding Inc. Woodville St. Croix $18 million Expansion Create 40 jobs; retain 57 $350,000 in tax credits
21 Johnsonville Sausage LLC Sheboygan Falls Sheboygan $16 million Expansion Create 98 jobs; retain 937 $10 million in tax credits
22 Amcor Flexibles LLC Madison Dane $15 million Expansion Create 12 jobs $150,000 in tax credits
23 Nestle Dreyer’s Ice Cream Co. Appleton Outagamie $14.5 million Expansion Create 100 jobs $830,000 in tax credits
24 Amerequip Kiel Calumet $13.8 million Expansion Create 75 jobs; retain 242 $535,000 in tax credits
25 Mill Haven Foods LLC. New Lisbon Juneau $10.1 million Expansion Create 35 jobs; retain 44 $400,000 in tax credits
26 DuraTech Industries, Inc. La Crosse La Crosse $9.5 million Expansion Create 52 jobs; retain 229 $215,000 in tax credits
27 HIEP, LLC Waterloo Dodge $7.9 million New manufacturing facility Create 51 jobs $250,000 in tax credits
28 Heartland Cooperative Owen Clark $7.8 million New headquarters; manufacturing facility Create 16 jobs; retain 115 $280,000 in tax credits
29 Baptista’s Bakery, LLC Franklin Milwaukee $7.8 million Expansion Create 125 jobs; retain 389 $300,000 in tax credits
30 TRU Enterprises LLC Beloit Rock $7.2 million New manufacturing facility Create 41 jobs $275,000 in tax credits
31 Grand Appliance, Inc. Sturtevant Racine $7.2 million Expansion Create 37 jobs $500,000 in tax credits
32 Heartland Technology Group, Inc. Little Chute Outagamie $6.0 million Expansion Create 19 jobs; retain 314 $241,800 in tax credits
33 Steele Solutions, Inc. Milwaukee Milwaukee $5.9 million Expansion Create 125 jobs; retain 105 $596,000 in tax credits
34 Grover Corporation Glendale Milwaukee $5.5 million Expansion Create 109 jobs; retain 56 $750,000 in tax credits
35 Octopi Brewing, LLC Waunakee Dane $5.3 million Expansion Create 13 jobs; retain 10 $300,000 loan
36 LDV, Inc. Burlington Racine $5.0 million Expansion Create 40 jobs; retain 207 $100,000 in tax credits
37 Metal-Era, Inc. Waukesha Waukesha $4.9 million Expansion Create 32 jobs $200,000 in tax credits
38 Prestige Metal Products, Inc. Bristol Kenosha $4.2 million Expansion Create 46 jobs $165,000 in tax credits
39 Krones Inc. Franklin Milwaukee $4.0 million Expansion Create 25 jobs $300,000 in tax credits
40 Artisans, Inc. Glen Flora Rusk $3.7 million Retention Create 11 jobs; retain 76 $800,000 loan
41 Wisconsin Oven Corporation East Troy Walworth $3.2 million Expansion Create 85 jobs; retain 123 $500,000 in tax credits
42 Fischer USA, Inc. Racine Racine $3.1 million Expansion Create 20 jobs; retain 20 $80,000 in tax credits
43 Sussex Tool & Supply, Inc. Sussex Waukesha $2.9 million Expansion Create 22 jobs; retain 38 $100,000 in tax credits
44 Commodore Corporation Dorchester Clark $2.6 million Expansion Create 57 jobs; retain 43 $200,000 in tax credits
45 DOWCO INC Manitowoc Manitowoc $2.5 million Expansion Create 37 jobs; retain 63 $190,000 in tax credits
46 Kage Innovation Corporation Osceola Polk $2.4 million New headquarters; manufacturing facility Create 30 jobs $200,000 in tax credits
47 LaForce, Inc. Green Bay Brown $2.3 million Expansion Create 71 jobs; retain 371 $337,000 in tax credits
48 First Choice Ingredients – Menomonee Falls Menomonee Falls Waukesha $1.9 million Expansion Create 22 jobs; retain 76 $50,000 in tax credits
49 Jacquart Fabric Products Mosinee Marathon $1.9 million Expansion Create 85 jobs; retain 1 $167,500 in tax credits
50 U-Line Corporation Brown Deer Milwaukee $1.8 million Retention Create 34 jobs; retain 109 $340,000 in tax credits
51 Diversified Manufacturing Corp. Prescott Pierce $1.8 million Expansion Create 150 jobs $520,000 in tax credits
52 Fisher Barton Blades Inc Watertown Jefferson $1.6 million Expansion Create 52 jobs; retain 78 $180,000 in tax credits
53 Forefront Management Holdings LLC Manitowoc Manitowoc $1.1 million Expansion Create 241 jobs; retain 149 $850,000 in tax credits
54 The Douglas Stewart Company, Inc. Madison Dane $0.9 million Expansion Create 38 jobs; retain 97 $195,000 in tax credits
55 S3 International LLC Milwaukee Milwaukee $0.35 million Expansion Create 13 jobs; retain 41 $350,000 loan
56 Pro-Active Engineering, Inc. Sun Prairie Dane $0.87 million Expansion Create 20 jobs; retain 45 $80,000 in tax credits
57 Molson Coors Brewing Company Milwaukee Milwaukee $0.6 million New global services center Create 150 jobs $1.7 million in tax credits
58 Errand Solutions, LLC Land O Lakes Vilas $1.4 million New customer service center Create 62 jobs $500,000 in tax credits
59 Nine Realms, Inc. Madison Dane $0.06 million Expansion Create 17 jobs; retain 32 $115,000 in tax credits
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