Kapco planning major expansion
100 jobs to be added

By Melanie Boyung - News Graphic Staff

August 19, 2014

GRAFTON — Kapco Inc., a family-owned Grafton business since 1972, is looking to expand its headquarters building in anticipation of new projects and jobs.

We have some significant new business opportunities … we will need the space for,” said Hani Malek, vice president of corporate development at Kapco.

The expansion planned for Kapco headquarters, 1000 Badger Circle in Grafton, will add approximately 80,000 square feet on the north side of the building. Malek said the expansion is expected to create about 100 new jobs over the next three years, including manufacturing, office and administrative positions.

Kapco is asking the village of Grafton to approve an $8.5 million industrial revenue bond to fund the project. The village would not be lending or borrowing the money, but the village facilitating the bond will allow Kapco lower interest rates because the lender does not have to pay federal taxes on a municipal bond.

The issue went before the Grafton Village Board Monday evening for discussion, after the News Graphic’s deadline.

Once funding is secured, Malek said Kapco plans to begin construction on the expansion in September and have the new area completed and in use by February or March.

“Kapco has enjoyed and continues to project strong growth over the years and is committed to its mission of creating jobs and giving back to the community. This expansion is essential to continuing on that path and serving the needs of new significant projects that Kapco has recently been awarded or anticipates to secure in the coming months,” Malek said.

Kapco has seven locations, including headquarters, three more buildings in Grafton, two in West Bend and one in Osceola. There are 400 employees at the various Kapco facilities, according to Kapco’s website.

Kapco does metal stamping, fabrication, welding, machining, tool and die and industrial painting and coating. The company, owned by Jim Kacmarcik, is also involved with the community through Lakeshore Chinooks, Camp Hometown Heroes and various area events.

Melanie Boyung can be reached at mboyung@gmail.com