Allcast announces $14 million expansion, expects to add 88 jobs

By ALEX ZANK - Conley News Service

Aug. 18, 2015

Material landlord of Allcast Michael Barth of Horicon talks with Representative of the Wisconsin 20th Senate District Duey Stroebel during the expansion celebration at Allcast Friday morning in the town of Addison. The $14 million project will add 88 new jobs. 
Photo by John Ehlke

TOWN OF ADDISON - Under a hot sun Friday morning, a group of 50 people, including business and government leaders, stood at the Allcast LLC facility to celebrate.

What were they celebrating? The custom aluminum die-casting manufacturer announced a $14 million expansion, a project that Allcast expects will create 88 jobs.

"This is really an American dream story," said Lt. Gov. Rebecca Kleefisch, noting the expansion will create jobs with family-sustaining wages.

Lt. Gov. Rebecca Kleefisch talks with CEO and president of Allcast Mark Magnarini during the expansion celebration at Allcast Friday morning in the town of Addison.
Photo by John Ehlke


Of the 29,000-square-foot addition to the facility, a nearly 14,500-square-foot expansion is expected to be complete by October, according to a news release.

Mark Magnarini, president and CEO of Allcast, said the facility would include two 10-ton cranes and eight automatic casting cells.

The second phase, he said, would be a 15,000-square-foot addition.

State Rep. Jesse Kremer, R-Kewaskum, said he was pleased to see companies operating overseas notice what the state has to offer in terms of economic opportunity.


Lt. Gov. Rebecca Kleefisch lifts dirt in the air with others during the expansion celebration at Allcast.
Photos by John Ehlke


"It's wonderful to see us growing," he said, adding he wanted to see more partnerships with technical colleges or high schools to connect workers with employers.

"We don't need a four- or eight-year degree to get a good job," he said.

State Sen. Duey Strobel, R-Saukville, noted how this investment would snowball into more economic stimulus in the region.

He cited Gardner Pet Group's expansion plans in West Bend, expected to create about 60 jobs.
 

Lt. Gov. Rebecca Kleefisch speaks during the expansion celebration at Allcast Friday morning in the town of Addison.
Photo by John Ehlke


Jackie Mahnke was one of the Allcast employees attending the event. In about two weeks, she will have worked at Allcast for five years.

"I think (the expansion) is great," she said, noting that the company works closely with employment agencies in the area. She said the new jobs will give people more opportunities to work for a great company.

As part of the expansion, the Wisconsin Economic Development Corp. will give Allcast up to $350,000 over four years, with the amount of credits the company earns contingent on meeting job creation and wage requirements.
 

Email: azank@conleynet.com