Fiskars to build new Americas headquarters in Middleton

Freeman Staff

May 7, 2015

MIDDLETON — European company Fiskars announced plans to build a $26.3 million headquarters in Middleton, which is expected to create about 55 new jobs.

Fiskars, a leading global supplier of consumer products for the home, garden, and outdoors, would make the building its headquarters for North, Central and South America in Dane County.

“As an international leader in its field, Fiskars had plenty of options when it came to establishing a base of operations for North, Central, and South America,” Gov. Scott Walker said in a statement. “After evaluating numerous factors, the company decided to make a commitment to expanding in Wisconsin and I applaud company leaders for taking this step. Fiskars is one of a growing number of companies choosing to expand here because of Wisconsin’s strong business climate and outstanding workforce.”

The Middleton headquarters would replace Fiskars’ existing Madison facility which is at capacity, as well as a company it purchased at the end of 2014 in Peoria, Ill., according to the announcement. The new facility can accommodate up to 400 employees in 108,000 square feet of office and research and development space. It is expected to open in the fall of 2016.

“Our business is growing, and our talented team is increasing,” said Fiskars President Paul Tonnesen in a statement. “The new building will have smarter workspaces and collaboration areas, as well as a dedicated innovation center for R&D. People already know Fiskars is a great company to work for. With this new space, Fiskars will also be a great place to work at.”

The Wisconsin Economic Development Corporation has authorized Fiskars to receive up to $800,000 in state tax credits through 2018. The actual amount of tax credits received will be contingent upon the number of jobs created during that time. Middleton is supporting the project by providing $3.15 million in tax increment financing assistance that will facilitate the development of the site.

Fiskars has had operations in Wisconsin since 1977 and in Dane County since 1989. Fiskars Americas is part of the 365-year-old Fiskars Corp. based in Helsinki, Finland, which has developed a strong reputation for quality and design worldwide.

www3.fiskars.com