Gov. Walker: Foxconn, Kwik Trip, Haribo top list of Wisconsin’s 2017 Economic Development Projects

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

RankCompanyLocation CountyEst. total project costType of projectEstimated job impactWEDC investment
1Foxconn Technology GroupMount PleasantRacine$10.02 billionNew advanced manufacturing campusCreate 13,000 jobs$2.85 billion in tax credits
2Kwik Trip Inc.La CrosseLa Crosse$309 millionExpansionCreate 329 jobs$21 million in tax credits
3Haribo of AmericaPleasant PrairieKenosha$220 millionNew manufacturing facilityCreate 385 jobs$21 million in tax credits
4Epicentre Technologies Corp.MadisonDane$148.4 millionExpansionCreate 20 jobs; retain 114 jobs$750,000 in tax credits
5Saputo Cheese USAAlmenaBarron$89.5 millionExpansionCreate 92 jobs; retain 105 jobs$3 million in tax credits
6Generac Power Systems Inc.Statewide$86.8 millionExpansionCreate 400 jobs; retain 1,999 jobs$10 million in tax credits
7Brakebush Brothers, Inc.WestfieldMarquette$86 millionExpansionCreate 219 jobs; retain 885 jobs$6.5 million in tax credits
8Great Lakes Cheese Co.WausauMarathon$84.8 millionExpansionCreate 125 jobs$2 million in tax credits
9Mills Fleet Farm GroupChippewa FallsChippewa$71.7 millionExpansionCreate 284 jobs$1.5 million loan
10MilliporeSigma (Merck KGaASheboygan FallsSheboygan$64.1 millionExpansionCreate 175 jobs; retain 1,177 jobs$1.25 million in tax credits
11Masters Gallery Foods IncOostburgSheboygan$61.1 millionExpansionCreate 150 jobs; retain 529$2.55 million in tax credits
12U.S. Venture Inc.AppletonOutagamie$58.5 millionExpansionCreate 214 jobs; retain 489$20 million in tax credits
13Gehl Foods LLCGermantownWashington$46.6 millionExpansionCreate 50 jobs; retain 387$535,000 in tax credits
14Schwabe North America Inc.Green BayBrown$44.9 millionExpansionCreate 35 jobs$700,000 in tax credits
15Gold Standard Baking Co.Pleasant PrairieKenosha$42.7 millionNew manufacturing facilityCreate 96 jobs$575,000 in tax credits
16Electronic Theatre Controls Inc.MiddletonDane$30 millionExpansionRetain 787 jobs$1.2 million in tax credits
17Dynamic Recycling Inc.OnalaskaLa Crosse$20.6 millionExpansionCreate 153 jobs; retain 122$535,000 in tax credits
18PreventionGenetics LLCMarshfieldWood$20 millionExpansionCreate 150 jobs; retain 146$850,000 in tax credits
19Cintas Corp.GreenvilleOutagamie$18.1 millionExpansionCreate 60 jobs; retain 372$575,000 in tax credits
20iMark Molding Inc.WoodvilleSt. Croix$18 millionExpansionCreate 40 jobs; retain 57$350,000 in tax credits
21Johnsonville Sausage LLCSheboygan FallsSheboygan$16 millionExpansionCreate 98 jobs; retain 937$10 million in tax credits
22Amcor Flexibles LLCMadisonDane$15 millionExpansionCreate 12 jobs$150,000 in tax credits
23Nestle Dreyer’s Ice Cream Co.AppletonOutagamie$14.5 millionExpansionCreate 100 jobs$830,000 in tax credits
24AmerequipKielCalumet$13.8 millionExpansionCreate 75 jobs; retain 242$535,000 in tax credits
25Mill Haven Foods LLC.New LisbonJuneau$10.1 millionExpansionCreate 35 jobs; retain 44$400,000 in tax credits
26DuraTech Industries, Inc.La CrosseLa Crosse$9.5 millionExpansionCreate 52 jobs; retain 229$215,000 in tax credits
27HIEP, LLCWaterlooDodge$7.9 millionNew manufacturing facilityCreate 51 jobs$250,000 in tax credits
28Heartland CooperativeOwenClark$7.8 millionNew headquarters; manufacturing facilityCreate 16 jobs; retain 115$280,000 in tax credits
29Baptista’s Bakery, LLCFranklinMilwaukee$7.8 millionExpansionCreate 125 jobs; retain 389$300,000 in tax credits
30TRU Enterprises LLCBeloitRock$7.2 millionNew manufacturing facilityCreate 41 jobs$275,000 in tax credits
31Grand Appliance, Inc.SturtevantRacine$7.2 millionExpansionCreate 37 jobs$500,000 in tax credits
32Heartland Technology Group, Inc.Little ChuteOutagamie$6.0 millionExpansionCreate 19 jobs; retain 314$241,800 in tax credits
33Steele Solutions, Inc.MilwaukeeMilwaukee$5.9 millionExpansionCreate 125 jobs; retain 105$596,000 in tax credits
34Grover CorporationGlendaleMilwaukee$5.5 millionExpansionCreate 109 jobs; retain 56$750,000 in tax credits
35Octopi Brewing, LLCWaunakeeDane$5.3 millionExpansionCreate 13 jobs; retain 10$300,000 loan
36LDV, Inc.BurlingtonRacine$5.0 millionExpansionCreate 40 jobs; retain 207$100,000 in tax credits
37Metal-Era, Inc.WaukeshaWaukesha$4.9 millionExpansionCreate 32 jobs$200,000 in tax credits
38Prestige Metal Products, Inc.BristolKenosha$4.2 millionExpansionCreate 46 jobs$165,000 in tax credits
39Krones Inc.FranklinMilwaukee$4.0 millionExpansionCreate 25 jobs$300,000 in tax credits
40Artisans, Inc.Glen FloraRusk$3.7 millionRetentionCreate 11 jobs; retain 76$800,000 loan
41Wisconsin Oven CorporationEast TroyWalworth$3.2 millionExpansionCreate 85 jobs; retain 123$500,000 in tax credits
42Fischer USA, Inc.RacineRacine$3.1 millionExpansionCreate 20 jobs; retain 20$80,000 in tax credits
43Sussex Tool & Supply, Inc.SussexWaukesha$2.9 millionExpansionCreate 22 jobs; retain 38$100,000 in tax credits
44Commodore CorporationDorchesterClark$2.6 millionExpansionCreate 57 jobs; retain 43$200,000 in tax credits
45DOWCO INCManitowocManitowoc$2.5 millionExpansionCreate 37 jobs; retain 63$190,000 in tax credits
46Kage Innovation CorporationOsceolaPolk$2.4 millionNew headquarters; manufacturing facilityCreate 30 jobs$200,000 in tax credits
47LaForce, Inc.Green BayBrown$2.3 millionExpansionCreate 71 jobs; retain 371$337,000 in tax credits
48First Choice Ingredients – Menomonee FallsMenomonee FallsWaukesha$1.9 millionExpansionCreate 22 jobs; retain 76$50,000 in tax credits
49Jacquart Fabric ProductsMosineeMarathon$1.9 millionExpansionCreate 85 jobs; retain 1$167,500 in tax credits
50U-Line CorporationBrown DeerMilwaukee$1.8 millionRetentionCreate 34 jobs; retain 109$340,000 in tax credits
51Diversified Manufacturing Corp.PrescottPierce$1.8 millionExpansionCreate 150 jobs$520,000 in tax credits
52Fisher Barton Blades IncWatertownJefferson$1.6 millionExpansionCreate 52 jobs; retain 78$180,000 in tax credits
53Forefront Management Holdings LLCManitowocManitowoc$1.1 millionExpansionCreate 241 jobs; retain 149$850,000 in tax credits
54The Douglas Stewart Company, Inc.MadisonDane$0.9 millionExpansionCreate 38 jobs; retain 97$195,000 in tax credits
55S3 International LLCMilwaukeeMilwaukee$0.35 millionExpansionCreate 13 jobs; retain 41$350,000 loan
56Pro-Active Engineering, Inc.Sun PrairieDane$0.87 millionExpansionCreate 20 jobs; retain 45$80,000 in tax credits
57Molson Coors Brewing CompanyMilwaukeeMilwaukee$0.6 millionNew global services centerCreate 150 jobs$1.7 million in tax credits
58Errand Solutions, LLCLand O LakesVilas$1.4 millionNew customer service centerCreate 62 jobs$500,000 in tax credits
59Nine Realms, Inc.MadisonDane$0.06 millionExpansionCreate 17 jobs; retain 32$115,000 in tax credits
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