WEDC recognizes Generac, other county firms for expansion projects

By Cara Spoto - Freeman Staff

Dec. 21, 2017

TOWN OF GENESEE — Generac Power Systems’ $86.8 million expansion this year has landed it the number six spot on the Wisconsin Economic Development Corporation’s list of the top 50 economic development projects of 2017.

The state agency released the list to the public early Thursday morning.

Generac, which has its worldwide headquarters in the Town of Genesee, was recognized for the project, which according to the news release, was expected to result in the creation of 92 jobs and retention of 105 other positions. The project netted $10 million in tax credits.

Further down on the list, Metal-Era, Inc. of Waukesha landed the 37th spot for its $4.9 million expansion. The endeavor was expected to create 32 jobs and net the business $200,000 in tax credits, according to the state agency.

Sussex Tool & Supply, Inc. in Sussex was ranked 44 for a $2.9 million expansion that reportedly lead to the creation of 22 jobs, and retention of 38 other positions, a release states. The project earned the company $100,000 in tax credits. First Choice Ingredients of Menomonee Falls received the 48th slot for a $1.9 million expansion that was expected to create 22 jobs, and retain another 76. The project earned the business $50,000 in tax credits.

The No. 1 economic development project was Foxconn Technology Group’s manufacturing campus slated to be constructed in Mount Pleasant in Racine County.

The project received $2.85 billion in tax credits and is expected to create 13,000 jobs.

“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 the WEDC, in a press release.