Home Industries Manufacturing Husco secures $200 million in new projects, plans major capital investment

Husco secures $200 million in new projects, plans major capital investment

By
Ashley Smart
-
Austin Ramirez
Husco CEO Austin Ramirez

Waukesha-based Husco, a manufacturer of hydraulic and electro-mechanical components for automotive and off-highway application, announced today that it has secured $200 million in newly-awarded projects. The new projects were announced at the company’s headquarters during an event hosted by the Association of Equipment Manufacturers. Husco also unveiled plans to make $55 million in capital investments

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Ashley Smart
Ashley covers startups, technology and manufacturing for BizTimes. She was previously the managing editor of the News Graphic and Washington County Daily News. In past reporting roles, covering education at The Waukesha Freeman, she received several WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen and reading a good book.
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Waukesha-based Husco, a manufacturer of hydraulic and electro-mechanical components for automotive and off-highway application, announced today that it has secured $200 million in newly-awarded projects. The new projects were announced at the company’s headquarters during an event hosted by the Association of Equipment Manufacturers. Husco also unveiled plans to make $55 million in capital investments across all of its facilities and hire 250 new workers. Approximately half of the new capital investments and new employment will go to Husco’s U.S. facilities, with the other half spread across Husco’s global manufacturing locations. Husco has 1,500 global employees. The company has facilities in Wisconsin, Iowa, Michigan, England, China, India, Brazil and Germany. The company recorded nearly $550 million in sales in 2023. “While our industry is constantly evolving, one thing has not changed: manufacturing is critical to the success of our region, our state and our country," said Austin Ramirez, president and CEO of Husco. "Having a strong manufacturing base benefits our economy and workforce. It makes our nation more resilient in an unpredictable international environment. And Husco is proud to be a part of that." Husco’s $200 million in new projects include: Husco said it is unable to share names or details about specific manufacturers as part of its contracts.
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